Summary
This position is located in the Division of Complex Institution Supervision and Resolution (CISR), Systemic Risk Branch, Liquidity Section of the Federal Deposit Insurance Corporation and provides support in a wide range of activities designed to identify, assess, and measure risks common to all LCFI institutions through supervisory programs activities, offsite horizontal analysis and risk reporting activities, horizontal reviews, and quality control.
This job is open to
Clarification from the agency
This position is open to all United States Citizens.
Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2024-CISR-B755. 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
- Participates, often in a lead role, in on-site supervisory examination activities led by the primary federal regulator (PFR), including participation in on-site target exams as well as participation in key horizontal programs to support the independent assessment of both level of risk and quality of risk management across key and emerging risks within the CISR portfolio.
- Performs off-site horizontal analysis and risk reporting activities, which includes producing written reports that clearly present risk analysis relevant to CISR firms and the financial industry as a whole, including the retrieval and evaluation of data and information from external and supervisory sources and supports the independent risk analysis responsibilities inherent in the FDIC’s back-up supervisory authority and authorities under the DFA.
- Assesses firm prepared resolution plans against the rule, guidance, feedback letters, and FDIC/FRB assessment framework, with an emphasis on providing a consistent horizontal perspective, which will be closely coordinated with the Federal Reserve Board’s Recovery and Resolution Program and associated working group pillars that encompass key elements of the resolution plan.
- Responsible for analyzing, summarizing, and reporting on highly complex issues to senior management within various divisions and offices of the Corporation, as well as other agencies and members of the financial industry.
- Independently conducts ongoing reviews of economic, banking, financial, and related matters to stay abreast of current developments.
- Develops and communicates information that will be used to form a holistic view of key and emerging risks, and inform FDIC decision makers about trends in capital adequacy and capital management; liquidity, trading, and market risk with particular emphasis on trends that could pose risks to the solvency or earnings of a CISR firm or its IDI subsidiary.
- Leads meetings with other SMEs of various risk areas to share information related to individual risks of firms, and to exchange ideas regarding new or emerging risks within the banking industry.
Requirements
Conditions of Employment
U.S. Citizenship is required.
Registration with the Selective Service.
Employment Conditions.
Completion of Financial Disclosure may be required.
Minimum Background Investigation (MBI) required.
Qualifications
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, 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. Additional qualifications information can be found here.
To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the grade 14 level or above in the Federal service. Specialized experience is defined as experience leading the development and execution of horizontal examination or risk surveillance programs of large complex financial institutions with total assets >$100B that consist of one of the following: liquidity risk or interest rate risk.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined “well qualified” for this position. For more information, Click Here.
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.
In addition to the regular benefits offered by Federal agencies, the FDIC offers additional 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.
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.
Your resume will also be evaluated to measure your responses to the assessment questions. If you rated yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected.
If you are found qualified, you will be placed in one of three categories: 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/knowledge, skills, and abilities (KSAs) listed below. Within these categories, candidates eligible for veterans’ preference will receive selection priority over non-veterans.
1. Knowledge of theories and principles of financial institution analysis, the Uniform Financial Institution Rating System (UFIRS), risk management processes, audit procedures, examination programs, rules and regulations, and supervisory methods as applied to large and complex financial institutions.
2. Knowledge of statutory and regulatory provisions of one or more of the following risk areas: counterparty risk, liquidity risk, market risk, earnings performance issues, capital adequacy/regulatory capital, and resolution planning.
3. Ability to apply rules and guidance pertaining to the submission of Dodd-Frank Act Title I resolution plans and CIDI resolution information submitted per FDIC guidance.
4. Ability to conduct risk analyses of large, complex financial institutions and develop written reports on capital, liquidity, governance, or operational risks and trends for senior executives that present conclusions and recommendations.
5. Knowledge of economic, accounting, and legal principles for identifying strategies, collecting, and managing large sets of data.
6. Ability to coordinate the efforts of a group of professionals and manage on-going projects to ensure accuracy and timeliness of results.
You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.
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.)
INTERAGENCY CAREER TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a displaced or surplus Federal employee eligible for consideration under the ICTAP, you must submit proof of eligibility. For more information, click here.
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
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.
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