Manager, Resolution Valuation & Analysis Section (RVAS), CM-0510-00

Clarification from the agency

Applicants with status (i.e., current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility); those eligible for appointment under special hiring authorities; and veterans eligible for VEOA appointment.

As Manager of RVAS, the incumbent is responsible for planning, organizing, and directing all activities of the section. The incumbent serves as a key member of the Division of Finance management team responsible for assisting in the development and implementation of Division policies and procedures. The incumbent also assists the Deputy Director, Controller, in directing the overall planning and timely execution of the Division's subsidiary accounting and resolution activities for the Corporation and is expected to effectively lead a staff of accountants, foster effective communication, implement organizational changes, build internal and external relationships, and function in an adaptable and results-orientated work environment.

• Establishes and maintains the Corporation's financial data processes to capture and properly account for the Corporation's financial activities according to established accounting and reporting standards and procedures.

• Responsible for ensuring a unified, reliable, secure, well-maintained, and fully functional systems environment for various FDIC Corporate and receivership (resulting from failing bank resolution activities) financial systems. Responsible for the analysis of failed institutions receiverships financial reports with the purpose of generating proper accounting in FDIC’s Corporate Financial Statements, especially as it relates to due to and due from activities with receiverships as well as loan loss allowances. Leads the timely preparation and distribution of recurring and ad-hoc management reports for Corporate or receivership resolution entities.

• Maintains a working knowledge of GAAP and liquidation accounting; monitors and analyzes trends in the accounting field as they relate to the FDIC, providing periodic assessments to the Deputy Director, Controller. Provides expert accounting advice and technical assistance in the analysis of financial operational programs for complex business events and new FDIC activities to ensure proper accounting and reporting.

• Plans, manages, directs, and coordinates with their respective Division of Resolution and Receiverships (DRR) partners on operational procedures for suspense accounting and failed institutions resolution matters impacting FDIC’s Corporate accounting, the reporting environment, the receiverships, and the FDIC. Supports DRR's resolution efforts by providing staff serving as Financial Managers, Claims Agents, or Customer Service Agents, when necessary.

• Monitors the resolution activity of all receiverships to determine their potential financial impact on the FDIC in its Corporate capacity.

• Provides expert advice and technical assistance in the development of receivership valuation policies and procedures and serves as a focal point for ensuring appropriate accounting procedures for all liquidation accounting transactions impacting the FDIC Corporate financial statements. Manages a wide variety of complex estimation and valuation programs affecting Corporate financial records, including the allowance for loss reserve on receivables from resolutions, assets and liabilities from shared-loss agreements, indemnification agreements, estimated liability for representations and warranties, and other contingent loss reserves.

• Ensures proper recording of resolution transactions that impact FDIC’s Corporate books. Establishes the initial and quarterly updates of contingent loss reserves for receiverships, the Deposit Insurance Fund (DIF), and the FSLIC Resolution Fund (FRF). Updates estimated losses on assets in liquidation residing in DIF receiverships.

• Responsible for assisting the Deputy Director, Controller, in the efficiency and productivity of the Section. In the absence of the Deputy Director, may assume his/her responsibilities.

• Serves as part of the management team in making and implementing policy. Provides guidance to staff on policy, procedure, law, regulations, and other matters relating to the technical and administrative aspects of their work. Supervises the RVAS staff, including organizing work, establishing goals and deadlines, assigning tasks, monitoring progress, adjusting workloads, interviewing candidates, preparing performance standards, conducting appraisals, recommending personnel actions, providing instruction, and identifying training needs. Works in collaboration with the appropriate OPC or Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes as appropriate. Approves/ disapproves requests for leave, telework, travel, training, etc Discusses administrative matters with staff, resolves employee complaints as appropriate, and identifies areas for improvement in operations, systems, or procedures. Ensures that EEO plans and programs, performance measurement, employee development, and other personnel-oriented requirements are executed equitably and consistent with Corporate policy.

Conditions of employment

2-page Resume Requirement: Please limit your résumé to 2 pages (minimum 10-point font).  If more than 2 pages are submitted, only the first 2 pages will be reviewed to determine your eligibility/qualifications.

Registration with the Selective Service.

U.S. Citizenship is required.  

Employment Conditions.

High Risk Position - 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 serving in roles that require managing projects/teams or guiding the technical work of others.

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.

BASIC REQUIREMENT:

1. Degree: Accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.") OR

2. Combination of education and experience: At least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:

1. 1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
   2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
   3. Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.

In addition to meeting the basic requirement, you must also possess the experience below.

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: Experience leading and coordinating projects, including establishing expectations, reviewing work products/services, monitoring progress, and providing guidance and feedback to team members; AND

Technical Experience 1: Experience managing financial accounting processes, system environments, and reporting activities to ensure accurate and reliable organizational financial information; AND

Technical Experience 2: Experience applying and coordinating accounting policies, procedures, and regulatory requirements across organizational units and providing guidance on financial system functionality and operational accounting issues; AND

Technical Experience 3: Experience analyzing accounting transactions, assessing financial outcomes, and communicating findings to decision-makers.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

1. 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.
2. 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.
3. 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.

• Direction Setting
• Organizational Stewardship
• Strategic Thinking
• Developing Others
• Financial & Resource Management
• Organizational Performance
• Knowledge of concepts, principles, and practices in accounting, financial, money and banking disciplines to analyze and apply a highly complex level of independent judgment in developing solutions to accounting and financial issues.
• Knowledge of Corporate and receivership accounting principles, including GAAP and liquidation accounting, and the ability to direct financial reporting and ensure accurate recording of complex transactions.
• Knowledge of valuation methodologies and contingent liability estimation, and the ability to oversee programs that determine financial impacts, loss reserves, and resolution-related projections.
• Knowledge of financial systems, data structures, and reporting environments, and the ability to manage system integrity, data flows, and information delivery for Corporate and receivership activities. These systems include the New Financial Environment, Accounts Payable, and Accounts Receivable.
• Knowledge of FDIC resolution processes, receivership accounting requirements, and the ability to apply operational and policy frameworks to support resolution activities and associated financial analysis.

Your resume will serve as responses to the competencies/KSAs. Only include experience directly relevant to the position.

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.

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:

1. EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here. An official transcript will be required if you are selected. If you attended more than one university and need to send multiple transcripts, please upload all transcripts as one document.
2. FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program. For more information, click here.
3. YOUR TWO (2) PAGE RESUME showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date).
4. VETERANS EMPLOYMENT OPPORTUNITY ACT (VEOA) ELIGIBLES AND SPECIAL HIRING AUTHORITIES FOR VETERANS:  If you are applying for consideration under VEOA and special hiring authorities for veterans, click here.  You must submit documentation (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans’ eligibility.
5. SPECIAL APPOINTING AUTHORITIES FOR PEOPLE WITH DISABILITIES:  If you are applying for consideration under special appointing authorities for people with disabilities, you will be required to provide proof of disability. Your documentation does NOT need to detail your specific disability, medical history, or need for accommodation, however; the letter MUST clearly state that you are eligible for appointment under this authority and that your eligibility is based on a severe physical disability; an intellectual disability; or a psychiatric disability. THE DOCUMENTATION MUST HAVE BEEN OBTAINED FROM: (a). Licensed medical professionals; or (b). State or private vocational rehabilitation specialists; or (c). Any Government agency (e.g., VA, etc.) that issues or provides disability benefits. To view sample Schedule A proof of disability letters, click here, and for more information on this special appointing authority, click here. Please note that employees hired under this Schedule A hiring authority will be required to complete a Standard Form 256 to identify their disability status.
6. CURRENT FEDERAL EMPLOYEES OR REINSTATEMENT ELIGIBLES WITH COMPETITIVE STATUS:  A copy of your most recent SF Form 50, Notification of Personnel Action that shows: (1) permanent or career-conditional tenure (codes 1 or 2, in block 24), and (2) position occupied in the competitive service (code 1, in block 34).  If reinstatement eligible, include your Career/Career conditional SF-50.  To be considered as a non-competitive eligible candidate, the SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying.
7. EXCEPTED SERVICE EMPLOYEES: Your current agency must have an interchange agreement with OPM (for a list of agencies with current interchange agreements please click here); Excepted service appointees without an interchange agreement are eligible to use any other applicable special appointing authorities or must apply under the public non-status announcement for consideration.
8. CURRENT OR FORMER CAREER SES MEMBERS: You are eligible for reinstatement to a competitive service position if you were previously employed under a career or career-conditional appointment prior to the SES appointment. SES members without competitive service career status are eligible to use any other applicable special appointing authorities or must apply under the public non-status announcement for consideration. Both SES and Competitive Service SF-50s must be uploaded as one document to avoid overriding your first attachment or upload one SF-50 under the “SF-50” placeholder and the other under the “other supporting documentation” placeholder. 
9. FDIC EMPLOYEES: If you want to be considered non-competitively include a copy of your SF-50.  The SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying.

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