Managing Director, Investment Insurance & Reinsurance Job in Washington, DC

Vacancy No. 24-OE-DE-12440469-BN Department Development Finance Corporation (formerly Overseas Private Investment Corporation)
Salary $163,964.00 to $191,900.00 Grade 15 to 15
Perm/Temp Permanent FT/PT Full-time
Open Date 6/18/2024 Close Date 7/5/2024
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 U.S. International Development Finance Corporation (DFC), Office of Energy (OE). OE provides political risk insurance in all sectors covered by DFC and is available to private investors, contractors, financial institutions, and Qualifying Sovereign Entities involved in international transactions. You will supervise a team of investment insurance officers involved in providing political risk insurance to the financing businesses and industry in foreign countries.

Duties

As a Supervisory Insurance Projects Specialist (Managing Director, Investment Insurance & Reinsurance), you will:

  • Handle the most complex and sensitive political risk insurance for investment projects, and those involving expertise which you possess about specific countries or industries or where a pioneering investment venture may be involved.
  • Supervise staff members performing the full range of work related to insurance and re-insurance. Collaborate with many parties internal and external to DFC to determine whether projects are feasible and should be developed for review by DFC approving authorities, committees, and boards. Serve as the first level where "go/no go" decisions are made.
  • In consultation with Deputy Vice President, Political Risk Insurance (DVP/PRI), direct staff members on all technical aspects of political risk insurance for projects and ensure that project or deal analysis is sound and complete before presentation for approval by higher management. Manage the preparation of necessary documents required through the DFC approval process. Work closely with clients in the development and execution of DFC terms and commitments.
  • Manage the negotiation of political risk insurance agreements. Coordinate closely with Office of General Counsel to ensure that all appropriate terms and clearances are obtained prior to execution.
  • Conduct due diligence about the current political situation in a country where issues are affecting the client's operations; conduct special negotiations, work with local U.S. Embassy staff to deal with specific country issues and work with Financial Management to ensure efficient processing.
  • Promote the insurance program, serving as a marketing and reinsurance liaison between new clients and the Insurance group. Make recommendations to the DPV/PRI concerning new business opportunities, consistent with DFC policies and regional priorities.
  • Supervise the development and review of information concerning investment conditions in countries where clients are considering investing.

Please Note: This is not a Bargaining unit position.

Requirements

Conditions of Employment

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Must submit resume and supporting documents (See How To Apply)
  • Suitability for Federal employment, as determined by a background investigation
  • May be required to successfully complete a probationary period
  • Selection may require completion of a one-year supervisory or managerial probationary period unless met during prior Federal service
  • Within 30 days of your start date, you will be required to file a Confidential Financial Disclosure Report (OGE Form 450)
  • Must be able to obtain and maintain a secret security clearance
  • This position will require foreign travel to developing countries

Qualifications

Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement.

You may qualify at the GS-15 level, if you fulfill the following qualification requirements:
A. One year of specialized experience equivalent to the GS-14 grade level in the Federal service that demonstrates your experience in all of the following:
  1. Experience identifying pertinent host country political risks related to projects and applying these analyses to determine what risks should be covered and excluded in a political risk insurance contract;
  2. Experience managing the negotiation of political risk insurance agreements;
  3. Experience serving as an expert in all technical aspects of political risk insurance for projects, ensuring that project or deal analysis is sound and complete; and
  4. Experience developing networks and customer contacts to identify new business opportunities.
Note: Education is not substitutional at this grade level.


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, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

This position is being advertised concurrently with vacancy announcement 24-OE-ST-12440470-BN using Merit Promotion (MP) procedures. If interested, refer to that announcement to determine if you meet MP requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both.

This announcement may be used to fill similar positions, if additional vacancies occur.

Education

This job does not have an education qualification requirement.

Additional information

Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must:
1) meet CTAP or ICTAP eligibility criteria;
2) be rated well-qualified for the position with a score of 85 or above; and
3) submit the appropriate documentation to support your CTAP or ICTAP eligibility.
For more information: http://www.opm.gov/rif/employee_guides/career_transition.asp).

If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility showing type of discharge/character of service. If you are claiming 10-point veterans' preference, you must submit documentation from the Departments of Veterans Affairs (VA) showing type of discharge/character of service and your disability percentage. You may also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the documents listed in this form to support the claim for veteran preference. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans.

Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/verify/).

Telework Suitability: The duties of this position are suitable for telework. The selectee may be allowed to telework with supervisor approval and if they meet the eligibility criterion in the 2010 Telework Act.

Stipulations of Employment: Selection may require completion of a 1-year probationary period.

Work Schedule: This position allows for a flexible work schedule.

Miscellaneous: DFC uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit https://www.e-verify.gov/.

Recruitment and relocation incentives may be authorized 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.

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.

Once the announcement has closed, a review of your resume and supporting documentation will be used to determine whether you meet the qualification requirements listed on this announcement. If you are minimally qualified, your resume and supporting documentation will be compared against your responses to the assessment questionnaire to determine your level of experience. If, after reviewing your resume and/or supporting documentation, a determination is made that you have inflated your qualifications and/or experience, you may lose consideration for this position. Please follow all instructions carefully when applying, errors or omissions may affect your eligibility.

All qualified candidates will be assigned to a quality category. The category assignment is a measure of the degree in which your background matches the competencies required for this position. Your qualifications will be evaluated on the following competencies (knowledge, skills, abilities and other characteristics):

  • Business Development
  • Country Political and Economic Risk
  • Influencing/Negotiating
  • Investment/Project Management
  • Leadership
  • Written Communication


The Category Rating Process does not add veterans' preference points or apply the "rule of three" but protects the rights of Veterans by placing them ahead of non-preference eligibles within each quality category. Veterans' preference eligibles who meet the minimum qualification requirements and who have a compensable service-connected disability of at least 10 percent will be listed in the highest quality category (except in the case of scientific or professional positions at the GS-09 level or higher).

Required Documents

To apply for this position, you must submit a complete Application Package which includes:
1. Your resume showing work schedule, hours worked per week, dates of employment and duties performed.
2. Your responses to the job questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/12440469
3. Other supporting documents:

  • Cover Letter, optional
  • Veterans' Preference documentation, if applicable (e.g., DD-214 showing type of discharge/character of service, SF-15 Form and related documentation, VA letter, etc.)
  • Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation, if applicable (e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.)

How to Apply

To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section of this vacancy. The complete application package must be submitted by 11:59 PM (EST) on the closing date to receive consideration.

If you have questions about this job, please contact the HR Office representative listed in the "Agency Contact Info" section of this vacancy announcement. If you need assistance in applying on-line, please refer to the How to Apply section above and explore the Federal Application Process information on the USAJobs website.
  • To begin, click Apply Online to access an online application. Follow the prompts to select your USAJOBS resume and/or other supporting documents. You will need to be logged into your USAJOBS account or you may need to create a new account.
  • You will be taken to an online application. Complete the online application, verify the required documentation, and submit the application.
  • You will receive an email notification when your application has been received for the announcement.
If experiencing a significant hardship which hinders your ability to apply on-line, please contact the Agency Contact listed on this announcement at least two business days before the closing date, to discuss your situation. Failure to contact us within sufficient time may result in your hardship request being denied.

To verify the status of your application, log into your USAJOBS account, https://my.usajobs.gov/Account/Login, select the Application Status link and then select the More Information link for this position. The Application Status page will display the status of your application, the documentation received and processed, and your responses submitted to the online application. Your uploaded documents may take several hours to clear the virus scan process.

You may preview the Assessment Questionnaire at: https://apply.usastaffing.gov/ViewQuestionnaire/12440469

Do not submit photographs with your application package. Documents with photographs may not be seen by hiring officials - you must remove your image from any badges, licenses, etc. If your resume includes a photograph or other inappropriate material or content (e.g. SSN or DOB), your resume will not be used to make eligibility and qualification determinations and you will not be considered for this vacancy.

Documents submitted as part of the application package, to include supplemental documents, may be shared beyond the Human Resources Office. Some supplemental documents such as military orders and marriage certificates may contain personal information for someone other than you. You may sanitize these documents to remove another person's personal information before you submit your application. You may be asked to provide an un-sanitized version of the documents if you are selected to confirm your eligibility.

Do not upload Adobe portfolio documents. Adobe portfolio documents are not viewable by our agency's staffing offices.

It is your responsibility to ensure all required documents have been submitted prior to the closing date of the announcement.

Agency contact information

Brandon Nicknadavich
Address
International Development Finance Corporation
1100 New York Ave. NW
Washington, DC 20527
US
Learn more about this agency

Next steps

For status updates on your application, please follow the directions listed above in the How to Apply section. Once your online application is submitted you will receive a confirmation notification by email. If you are selected for an interview for this position, you will be contacted directly. A final job offer for this position is typically made within several weeks after the closing date of the vacancy announcement. After confirming a job offer, all other applicants will be notified of their non-selection.


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