Chief, Institution Risk Branch, CM-1101-00 (Merit Promotion)

Summary

There are two (2) Chief, Institution Risk Branch positions located in the Division of Complex Institution Supervision and Resolution (CISR), Institution Risk Branch (IRB) of the Federal Deposit Insurance Corporation in either New York, NY or Charlotte, NC. Salary reflects a pay cap for this position of $277,500.

Duties

As the Chief, Institution Risk Section, the incumbent is responsible for directing and overseeing the work of highly trained, multi-disciplined staff primarily engaged in evaluating risks of specific complex financial institutions which include insured banks, bank holding companies, and other entities. Specific tasks and functions pertaining to the job include, but are not limited to: Responsible for onsite monitoring of risks within complex financial institutions through use of diagnostic risk evaluation tools and systems; firm management information systems; supervisory program assessments; horizontal risk assessments; capital markets analysis; engagement with firm management, other regulatory agencies, as well as other CISR Branches and FDIC Divisions and Offices; to identify risk in complex financial institutions and recommend appropriate backup supervisory response or action. In conjunction with the other section chiefs, dedicated examiners, complex institution specialists, and other supervisory staff, coordinates the monitoring and supervision of complex financial institutions for back-up supervisory and deposit insurance purposes. Collaborates with other groups within FDIC, other regulators including Federal and International, and other parties as appropriate to identify, collect and manage pertinent information from complex financial institutions and other data sources as needed to measure, monitor, and control risks and mitigate risk to the Deposit Insurance Funds. Responsible for preparation of reports to summarize complex financial institution-specific risks and corrective actions and other remediation plans that have been recommended to address risks. As needed, provides specialized reports and summaries and, when necessary, coordinates firm specific monitoring and analysis, for other CISR Branches, FDIC Divisions and Offices, the Chairman, the Financial Oversight Committee, policymakers, other supervisory and regulatory agencies, and other entities. Develops new diagnostic risk evaluation tools and programs to assess risk profiles of specific complex institutions, concentrations of risk in specific institutions, risk correlations, and industry outliers that pose financial vulnerabilities in specific institutions, working closely with Horizontal Risk Chiefs in interpreting and implementing results of risk assessment tools and programs. Assists the Associate Director and Deputy Director, Institution Risk Branch and the Director of CISR when they serve as senior subject matter experts for matters pertaining to institution specific analysis of complex financial institutions. Serves as an advisor to Associate and Deputy Directors, Institution Risk Branch, and at times the Director of CISR, for all matters pertaining to supervisory and/or resolution readiness programs for complex financial institutions. Establishes and maintains cooperative relationships with Associate and Deputy Directors throughout CISR and other Divisions and Offices within the Corporation, officials of other supervisory and regulatory agencies, and representatives of financial institutions. Represents the Division on assigned matters pertaining to supervisory and/or resolution readiness programs and serves as a spokesperson on FDIC plans, policies and procedures as they relate to complex financial institution monitoring and other matters under the branch's purview. Exercises supervisory personnel management authority and performs the full range of performance management duties to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback to others on their performance. 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.

Requirements

2-page Resume Requirement: Please limit your resume 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. This position requires the selectee to file a confidential financial disclosure report (OGE Form 450) as a condition of employment. Employee may be relocated to any duty location to meet management needs. This position requires Minimum Background Investigation (MBI) required This position requires a Non-Sensitive/High Risk Background Investigation (BI).

Qualifications and evaluation

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 and responses to the assessment questions match the competencies listed below. 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 Advising Interpersonal Relationships Organizational Performance Planning and Organizing Oral/Non-Written Communication Knowledge of laws, rules, regulations, programs, policies and procedures related to financial institution supervision, examination, risk monitoring and analysis, deposit insurance pricing and assessment policies, and resolution policies and strategies. 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. You may preview questions for this vacancy.

Education

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

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.

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. To apply for this position, you MUST provide a complete application package. 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.

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: Your two (2) page resume showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of 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). 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. 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. 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. 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. 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. 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.

Additional information

If selected, you may be required to serve a probationary or trial period as applicable to appointment type. During the probationary or trial period, you will be evaluated for fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider: your performance and conduct; the needs and interests of the agency; whether your continued employment would advance organizational goals of the agency or the Government; and whether your continued employment would advance the efficiency of the Federal service. Upon completion of your probationary or trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest. If selected, you may be required to serve a supervisory/managerial probationary period. To read about your rights and responsibilities as an applicant for Federal employment, click here. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement. This position is a Corporate Manager, CM-00, which is equivalent to above the CG/GS-15. This is a recommended minimum step 9 position. The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 19.67% to a high of 40.07%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here. 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.