Summary
This position is located in the Division of Complex Institution Supervision and Resolution (CISR), Systemic Risk Branch, Policy Sub-branch of the Federal Deposit Insurance Corporation in Washington, D.C. or New York, NY.
Salary reflects a pay cap for this position of $300,000.
The FDIC Executive Managers (EMs) are in the Federal competitive service and not the Senior Executive Service (SES).
This job is open to
Clarification from the agency
All United States Citizens. Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2024-EM-MP-0169. However, if you desire consideration also under this public non-status announcement, you must apply to both. Status applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.
Duties
- Advises and assists the Deputy Director in setting priorities and developing FDIC alternative and positions encompassing a wide range of substantive domestic and international public policy issues related to the implementation of the Dodd-Frank Act (DFA) and any subsequent or related legislation by Congress (and any rulemaking by the FDIC or other relevant agencies or international jurisdictions) related to or affecting the FDIC and its resolution planning for large, complex financial institutions LCFIs and financial market utilities (FMUs).
- Identifies matters impeding orderly resolution planning for LCFIs that create policy considerations. Develops a range of viable alternatives for senior management and the FDIC Board of Directors to consider when weighing the FDIC’s policy response.
- Establishes and maintains cooperative relationships with directors and staff of other Divisions and Offices within the FDIC, officials of other domestic and international supervisory and regulatory agencies including the OCC, Federal Reserve, and U.S. Treasury Department, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, as well as representatives of financial institutions and the key private sector entities involved in the resolution planning efforts of LCFIs. Represents the FDIC on assigned policy matters pertaining to LCFIs and financial market utilities.
- Commands expertise over a range of complex and sensitive technical matters, with potentially significant consequences, in the areas of international financial regulatory policy, resolution of a cross-border LCFI, development and evolution of resolution policy and strategies, and furthering international financial regulatory cooperation and dialogue, including through negotiation of Memoranda of Understanding.
- Serves as a senior FDIC spokesperson on all resolution policy matters related to the largest and most complex financial institutions. Represents the FDIC at internal and external meetings, advisory committees, conferences, and other public fora.
- Develops speeches and Congressional testimony that conveys the FDIC’s policy positions on matters related to resolution policy for LCFIs.
- Confers with FDIC officials on the legal aspects of resolution planning, implementation of resolution strategies, FDIC international coordination, and cross-border operations of LCFIs to assess financial risk and protect the deposit insurance fund.
- Directly manages a senior level staff and will be required to provide matrix management oversight of personnel in other parts of CISR who are engaged in complex analytical work in support of various policy options and alternatives.
- Exercises supervisory personnel management authority directly or indirectly through subordinate senior managers to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback. Identifies training and developmental needs for staff and provides regular recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes as appropriate. Approves/disapproves requests for leave, telework, travel, training, etc. Ensures that programs are administered effectively and in accordance with broadly stated objectives and priorities.
- Develops Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, programs, and metrics in compliance with Corporate policy, legal requirements, and the mission of the Division; leads efforts to mature the organization and management of work within area of responsibility; leads diverse groups of employees to: direct work, review outcomes/effectiveness, develop and assess subordinate managers, and promote inclusion.
Requirements
Conditions of Employment
Registration with the Selective Service.
U.S. Citizenship is required.
Employment Conditions.
This position requires the selectee to file a public financial disclosure report (OGE Form 278e) as a condition of employment
High Risk - Background Investigation (BI) required
Employee may be relocated to any duty location to meet management needs.
Qualifications
To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through progressively responsible management or executive-level assignments.
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious/spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, skills, and abilities and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
MINIMUM QUALIFICATIONS: All applicants must submit a resume that addresses each minimum qualification experience. Examples should be clear, concise, and emphasize your level of responsibilities; the scope and complexity of the programs, activities, or services you managed; program accomplishments; policy initiatives undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented leadership words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments (e.g., number of employees supervised).
Leadership Experience 1: Experience in overseeing and coordinating the work of organizational units directly, including assigning work; directing changes to programs and priorities; and evaluating performance against goals; and
Leadership Experience 2: Experience in managing employee performance and growth directly, including evaluating employee readiness for successive roles; recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues; and
Leadership Experience 3: Experience in overseeing implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff.
Technical Experience 1: Experience in developing policy related to complex banking and resolution related matters;
Technical Experience 2: Experience in leading major policy issues and/or solutions related to an agency's/corporation's banking and resolution activity involving LCFIs;
Technical Experience 3: Experience in contributing to speeches and information, ensuring that information, advice, and/or speech language is adequate for the audience and represents the intended viewpoints and tone;
Technical Experience 4: Experience in leading activities associated with public policy issues confronting an agency/corporation as a result of its resolution-related responsibilities pursuant to DFA and other applicable laws, rules, and regulations.
Large and complex banking organizations may be defined as engaging in some combination of commercial banking, investment banking, asset management, and insurance, to include firms whose failure may pose a systemic risk or externality to the financial system as a whole. These risks are intertwined among both insured and uninsured subsidiaries, and the largest and most complex of these organizations often have global footprints and interdependent counterparty relationships with one another that increase their complexity.
Education
There is no substitution of education for the experience for this position.
Benefits
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
The FDIC offers comprehensive benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.
In addition, under FDIC’s Group Life Insurance Program, basic life insurance coverage for Executive Managers is automatically equal to 3 times their salary (rounded to the next higher thousand) up to a maximum of $800,000. Executives may also choose from two other lower coverage options. The Corporation pays for the cost of the basic coverage unless employees also elect to be covered under the Federal Employees Group Life Insurance Program (FEGLI).
To find out more, click here.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Your resume and the online assessment questionnaire will be reviewed to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, average number of hours worked per week, and if the position is/was in the Federal government, you should provide the position series and grade level.
If you are found minimally qualified, a Management Rating Panel (MRP) will review your qualifications and experience against pre-established benchmarks. The rating panel will place applications in one of three quality categories, i.e., Best Qualified, Highly Qualified, or Qualified. These category assignments are a measure of the degree in which your background and responses to the assessment questions match the competencies listed below. Within these categories, candidates eligible for veterans’ preference will receive selection priority over non-veterans.
Top ranked (Best Qualified) candidates will be referred to the selecting official for further review and consideration
The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below:
- Change Management
- External Awareness
- Direction Setting
- Advising
- Leveraging Diversity
- Interpersonal Relationships
- Critical Thinking
- Written Communication
- Oral/Non-Written Communication
- Knowledge of FDIC and related laws, rules, regulations, programs, policies and procedures related to financial institution supervision, examination, resolutions and receiverships; and the evaluation, management, and structured sale of LCFI entities having nationwide or international operations.
- Knowledge of large complex financial institutions, financial markets, and the supervisory, regulatory and legislative framework affecting their operations.
- Knowledge of the resolution framework for large, complex financial companies from a domestic and an international perspective and of international banking practices.
- Knowledge of the relationship between the U.S. banking (and broader financial) system and economic conditions (internationally, nationally, and regionally) and ability to plan, implement, and direct communication, coordination, and outreach activities across international organizations and international banking entities.
- Skill in managing teams and executing project plans in the financial sector.
You do not need to respond separately to these competencies/KSAs. Your resume will serve as a response to the competencies/KSAs.
Applicants must provide details of the duties performed as they relate to the qualifying experience and competencies. Experience must be explicitly stated in the resume as experience not specifically described in the resume cannot be assumed. Resumes that are vague or don't address specific requirements will not receive maximum consideration. You may preview questions for this vacancy.
Required Documents
Failure to provide all of the required documentation as stated in this vacancy announcement, may result in an ineligible determination or may affect your consideration status. Please review the following to determine your eligibility and which document(s) is required to complete your application.
VETERANS’ PREFERENCE: If you are claiming veterans’ preference, click here. (Note: Veterans must submit the Member 4 copy of the DD 214, Certificate of Release or Discharge from Active Duty – or other copy showing the type of discharge/character of service [e.g., Honorable, Under Honorable Conditions, etc.] along with any other required documents (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans’ preference eligibility.)
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from
schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
How to Apply
To begin, click the “Apply” button and follow the prompts. If you haven’t already, register and establish a USAJOBS account. After you register online, click the “Apply” button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click “Submit Application” to complete the application process. You must apply online.
Applicants requesting an exception from the online process must contact the Human Resources Specialist or point of contact listed in this announcement prior to 12:00 noon local time on the closing date.
To return to your saved application, log in to your USAJOBS account and click on “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” to continue.
You have until 11:59 p.m. ET (Eastern Time) on the closing date of this announcement to complete the application process.
Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.
Next steps
You may check the status of your application on-line 24 hours a day, 7 days a week through USAJOBS by signing in and selecting "Application Status." Thank you for your interest in working for the Federal Deposit Insurance Corporation.
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