Director, Division of Resolutions and Receiverships (DRR), EM-0301-00 (Public) Job in Washington, DC

Vacancy No. 2024-EM-PJN-0144 Department Federal Deposit Insurance Corporation
Salary $275,000.00 to $320,000.00 Grade 00 to 00
Perm/Temp Permanent FT/PT Full-time
Open Date 9/9/2024 Close Date 9/20/2024
Job Link Apply Online Who may apply Public
Locations:
Washington, DC


Job Description (Please follow all instructions carefully)

Summary

This position is located in the Division of Resolutions and Receiverships (DRR) of the Federal Deposit Insurance Corporation in Washington, D.C.

The Division of Resolutions and Receiverships (DRR) promotes confidence in the financial system by paying insured depositors quickly and effectively managing failed bank receiverships.

Salary reflects a pay cap for this position of $320,000.

This job is open to

Clarification from the agency

Applicants with status or those eligible under special hiring authorities should apply under FDIC merit promotion announcement 2024-EM-MP-0143. However, if you desire consideration also under this public non-status announcement, you must apply to both announcements.

Duties

  • Oversees strategic resolution readiness planning for the division, including: development and coordination of franchise marketing, asset marketing and management and receivership management and accounting programs, operational policies and procedures, technological improvements and budget formulation.
  • Develops and maintains an efficient and effective organizational structure to support the division’s mission and exercises supervisory personnel management authority directly or indirectly through subordinate executive level and corporate managers.
  • Prepares and implements strategic readiness plans to address significant increases and decreases in workload based on economic factors and the resulting impact to the volume of resolution activity, requiring periods of both expansion and decrease in contractor and non-permanent personnel.
  • Serves as a senior advisor to the Chairman, Board of Directors, and Officers of the Corporation on all matters relating to the mission of the Division. Directs and provides guidance to those developing proposed legislation, regulations, policies or procedures. The incumbent must be prepared to deal with technical, operational and policy matters that are complex and highly sensitive and of significant consequence to the economy, financial markets, and banking system.
  • Represents the Division in high level meetings with executives from other FDIC Divisions and Offices, and with external parties including other regulatory agencies, financial services and banking executives, trade associations, the media and Congressional staff on issues of importance and relevance to the FDIC and DRR.
  • Serves as a senior advisor to senior FDIC officials, members of the Board of Directors and others on resolution and receivership operational issues which are often sensitive, complex, and could present reputational risk to the FDIC. As needed, testifies before Congressional committees of relevant jurisdiction. Responds on behalf of the FDIC on complex DRR resolution and receivership management and related matters and in writing to audiences with varying levels of expertise. Coordinates efforts with outside contractors and consultants, as necessary.
  • Directs the development of the Division's budget and personnel resource requirements and presents and justifies formal requests to the Board of Directors.
  • Directs and manages subordinate executive and corporate managers and staff to accomplish the wide range of activities that comprise the resolution process, including monitoring and risk analysis, franchise marketing, asset marketing and management, receivership operations, including receivership accounting, technology initiatives that support operational readiness and internal review programs. Coordinates, directs, and manages projects and planning with senior leadership in other FDIC Divisions as well as the leadership of DRR.
  • Shares in the Corporation-wide commitment and efforts to develop 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.

Employee may be relocated to any duty location to meet management needs.

High-Risk-Special Sensitive (SS)

Ability to obtain and maintain a Top Secret Clearance with Sensitive Compartmented Information (SCI).

Applicant tentatively selected for this position will be required to submit to urinalysis to screen for illegal drug use prior to appointment and will be subject to random drug tests.

Must be able to obtain and maintain an interim and/or final security clearance prior to entrance on duty. Failure to obtain and maintain the required level of security clearance may result in the withdrawal of a job offer or removal.

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 experiences identified must have been performed in an official supervisory role.

Leadership Experience 1: Experience in overseeing and coordinating the work of organizational units, 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, 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 the implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff.

Technical Experience 1: Experience in overseeing resolution and receivership program(s) and activities, including determining the organizational structure and processes needed to implement the program(s); AND

Technical Experience 2: Experience in providing authoritative guidance to senior executives on laws, rules, regulations, policies, and procedures associated with resolution and receivership activities.

Education

There is no substitution of education for the experience for this position.

Additional information

For FDIC Employees: The five-day notification process does not apply to corporate and executive manager positions. Failure to provide your application documentation (i.e. up-to-date resume) in support of your qualifications for this position by the closing date will limit your ability to receive maximum consideration. Take a moment to ensure that your resume and assessment questionnaire responses reflect the qualifications and eligibility requirements of this position by the closing date.

To read about your rights and responsibilities as an applicant for Federal employment, click here.

If selected, you may be required to serve a supervisory/managerial probationary period.

If selected, you may be required to serve a probationary period.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

FDIC Executive Managers (EM) are in the Federal competitive service and not the Senior Executive Service (SES). As an EM at the FDIC, you will provide executive leadership and managerial direction over substantive activities related to planning, developing, executing, and coordinating the Corporation's programs and policies.

Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C or Non-Career SES employee in the Executive Branch, you must disclose this information to the HR Office.

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 will be reviewed, to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contains sufficiently detailed information upon which to make the qualification determination. 

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 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/KSAs you will be assessed on are listed below.

  • Strategic Thinking
  • External Awareness
  • Organizational Performance
  • Influencing Others
  • Financial and Resource Management
  • Leveraging Diversity
  • Planning and Organizing
  • Oral/Non-Written Communication
  • Knowledge of banking, accounting, finance, and operational methods governing financial institutions and receiverships.
  • Knowledge of the structure of the financial services industry, the U.S. banking system and international, national, and regional economic conditions and ability to apply this knowledge to manage the full range of resolution and receivership programs, functions, and policy matters.
  • Knowledge of asset management and disposition methods.
  • Knowledge of laws, rules, regulations, programs, policies and procedures related to financial institution supervision and examination; risk monitoring and analysis; and resolution and receivership management activities.

Applicants must provide details of the duties performed as they relate to the qualifying experience and competencies/KSAs. 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.

Agency contact information

Andrew Coppage
Address
Federal Deposit Insurance Corporation
Human Resources, Executive Resources
3501 Fairfax Dr.
Room VS-D3027
Arlington, Virginia 22226
United States
Learn more about this agency

Next steps

The Fair Chance Act prohibits inquiries concerning an applicant's criminal history information unless the hiring agency has made a conditional (tentative) offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Federal Deposit Insurance Corporation’s Human Resources Staffing Policy and Accountability team at HRPolicyTeam@fdic.gov.

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.


Note: We cannot accept applications on behalf of Federal Agencies. Application instructions are listed within the Job Description.