This Position Is No Longer Available

Job Title:Director of Enterprise Risk Management

Agency:Federal Retirement Thrift Investment Board

Job Announcement Number:FRTIB-12-MP-031-717711

This position is closed and no longer accepting online applications through USAJOBS.

The contents of the announcement can still be viewed.


$119,554.00 to $165,300.00 / Per Year


Monday, September 10, 2012 to Monday, October 22, 2012




Full Time - Senior Executive Service (SES)


1 vacancy in the following location:
Washington DC, DC United States


All groups of qualified individuals


The Thrift Savings Plan (TSP) is widely considered to be one of the best retirement plans in the world and a model for defined contribution plans.  We are seeking a champion for its continual improvement.

Voted as one of the “Best Places to Work in the Federal Government” as ranked by the Partnership for Public Service in its 2011 Very Small Agencies Best Places to Work Rankings, the Federal Retirement Thrift Investment Board (FRTIB) is an independent Federal Agency with a single mission: To administer the Thrift Savings Plan solely in the interest of its participants and beneficiaries.  We help Federal employees and members of the Uniformed Services retire with dignity by providing benefits similar to private sector 401(k) plans.  The TSP manages over $300 billion for 4.6 million participants located in every time zone around the world.

This Senior Executive Service (SES) position serves as the Director of Enterprise Risk Management at the Federal Retirement Thrift Investment Board (FRTIB).  The Director of Enterprise Risk Management provides  executive leadership in overseeing and managing the risk management programs and initiatives for the Agency and the TSP, including a strategic risk management program, an internal controls program, and management of all auditing activities.


  • U.S. Citizen
  • Suitable for Federal employment, determined by a background investigation
  • Male born after 12-31-59 must be registered for Selective Service
  • One year probationary period for initial SES appointment


The Director of Enterprise Risk Management provides executive leadership in planning, developing, and managing the risk management programs and initiatives for the Agency and the TSP. This includes a strategic risk management program, an internal controls program, and management of all auditing activities. Key duties include:

  • Responsibility for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the Agency's risk exposure. Sets the strategic risk management vision and is charged with delivering that strategy using exceptional leadership skills, network of internal and external alliances and highly-developed business skills. Develops Enterprise Risk Management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to an enterprise risk management framework. Ensures the Agency's risk management policies and strategies are in compliance with applicable regulations, and strategic imperatives of the organization. Establishes the Enterprise Risk Management architecture for the Agency. Identifies potential risks to the Agency and TSP, and manages those risks within established risk tolerances to provide reasonable assurance regarding the achievement of Agency objectives. Chairs or provides key inputs into the Agency's Enterprise Risk Committee that oversees the enterprise risk management process and ensures alignment with organizational objectives.
  • Establishes, oversees and directs the Agency's Internal Controls Program under the guidelines of OMB Circular A-123. Researches and recommends an appropriate internal control framework. Directs the establishment and maintenance of a centralized inventory system for the documentation of internal controls throughout the agency. Evaluates the design and operating effectiveness of key internal controls within selected critical processes. Implements and directs the Agency's internal control standards policy and develops a remediation policy for addressing any identified control deficiencies. Monitors the changes and current trends in internal controls and requirements for Federal agencies; disseminates current requirements, roles and responsibilities for internal controls to agency staff; and administers an educational program on internal control processes and requirements for agency employees.
  • Directs and oversees the external auditing program. Manages and coordinates the annual financial statement audit of the Thrift Savings Fund, the mid-year review of the Fund, the statutory audits conducted by the Department of Labor, and any audit conducted by other Government entities such as the Government Accountability Office. Works cooperatively with auditors and Agency staff to ensure timely and accurate responses to all requests for information and recommendations. Develops systems for tracking all audit recommendations and the status of their resolution. Prepares regular high-quality reports to senior management and Members of the Board concerning the status of audit reports and recommendations. Ensures audit recommendations and corrective actions status are fed into the Strategic Risk Management process.
  • Demonstrates financial acumen and expertise in managing the financial and other resources of the Enterprise Risk Management Office in order to support the programs and mission of the Agency. Oversees the creation and management of the budget and resources of the office. This includes ensuring effective utilization and prioritization of available resources, forecasting future resource requirements, defining budgets, prioritizing budget requests, and managing expenses wisely.


Basic Requirement

As a basic requirement for entry into the Senior Executive Service (SES), you must show in your resume evidence of one year of experience in a managerial capacity with responsibility for the management of risk and the implementation of strategies to mitigate risk that is directly related to the skills and abilities outlined under the Technical Qualifications and Executive Core Qualifications listed below.


Your resume should emphasize your level of responsibilities, the scope and complexity of programs managed, and your program accomplishments, including the results of your actions.


Technical Qualifications

  • Experience and skill in planning and leading an enterprise risk management program.
  • Knowledge of laws, rules, regulations, and policies pertaining to internal controls and audit programs.
  • Experience in employing best practices and governing principles in information technology security management to include, FISMA, NIST, and similar private sector standards.
  • Experience in employing best practices and governing principles in financial management systems.

Executive Qualifications
ECQ 1 - LEADING CHANGE: This core qualification involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment. Leadership Competencies: Creativity and Innovation, External Awareness, Flexibility, Resilience, Strategic Thinking, Vision.


ECQ 2 - LEADING PEOPLE: This core qualification involves the ability to lead people toward meeting the organization's vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. Leadership Competencies: Conflict Management, Leveraging Diversity, Developing Others, Team Building.


ECQ 3 - RESULTS DRIVEN: This core qualification involves the ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. Leadership Competencies: Accountability, Customer, Decisiveness, Entrepreneurship, Problem Solving, Technical Credibility.


ECQ 4 - BUSINESS ACUMEN: This core qualification involves the ability to manage human, financial, and information resources strategically. Leadership Competencies: Financial Management, Human Capital Management, Technology Management.


ECQ 5 - BUILDING COALITIONS: This core qualification involves the ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals. Leadership Competencies: Partnering, Political Savvy, Influencing/Negotiating.


FUNDAMENTAL COMPETENCIES: The following competencies are the foundation for success in each of the Executive Core Qualifications: Interpersonal Skills, Oral Communication, Written Communication, Integrity/Honesty, Continual Learning, Public Service Motivation.


Additional information about the SES and Executive Core Qualifications can be found on the Office of Personnel Management (OPM) SES Website at

Bachelor’s degree in Business, Economics or Finance desirable; Advanced degree preferred.






The Federal Retirement Thrift Investment Board has elected to use the resume-based merit staffing selection system.  Applications will be reviewed to determine if all required documents and information were received.  Acceptable applications will be referred to a SES reviewing panel to evaluate your application based on the quality and extent of your total accomplishments, experience, and education.  Applicants determined to be “best qualified” may undergo an interview.  Finalist candidates may be required to submit further written demonstration of qualifications.  Once a selection is made, the selectee’s application package will be forwarded to the Office of Personnel Management for approval by an independent Qualifications Review Board, unless the selectee is a current SES executive or has successfully participated in an OPM approved SES Candidate Development Program.  You must receive certification before you can be appointed to the position.


Our benefits package offers:

•Annual Leave (paid vacation), Sick Leave, and Holidays - You will earn 26 days of annual leave and 13 days of sick leave per year. In addition, the Federal Government observes 10 regular paid holidays each year.
•Health Benefits - Employees and family members are eligible for health benefits at reasonable rates with no required medical examinations or restrictions because of age or physical condition. Flexible Spending Account (FSA) - You may choose to participate in the FSA Program. This program allows you to set aside money, on a pre-tax basis, for certain kinds of out of pocket medical expenses or dependent care costs of a child or parent.
•Federal Long Term Care Insurance Program - You may elect to participate in the Federal Long Term Care Insurance Program.
•Life Insurance - You may participate in the Federal Employees' Group Life Insurance program. The program offers employees an opportunity to acquire life insurance protection at group rates with a government contribution toward the cost of basic insurance.
•Retirement/Pension Plan - a retirement plan that provides benefits from three different sources:   a Basic Benefit Plan, Social Security, and the Thrift Savings Plan (TSP).
•Employee Assistance - Employees and their immediate families can take advantage of free confidential counseling with health professionals as part of the Federal Employees Assistance Program.
•Transit Benefits - We subsidize up to $125 of mass transit commuting costs each month.
•Telework - FRTIB recognizes the importance and encourages the use of telework.


Eligibility for performance bonus, recruitment bonus and performance awards.

Probationary Period:  You will serve a one-year probationary period unless you previously completed the probationary period in the SES.  

Applicant must be able to obtain a security clearance upon selection for this position.

The payment of relocation expenses may be authorized under 41 CFR Chapter 302.






The application process used to recruit for this position is RESUME ONLY. You must submit a resume which cannot exceed five (5) pages. Any information submitted in excess of five (5) pages WILL NOT be considered. The resume must provide evidence of how you possess the basic requirements, technical qualifications and the 5 ECQs. Application packages must be received no later than 11:59pm Eastern Time on Monday, October 22, 2012.

To apply, please email your resume to our Executive Search Consultants, JDG Associates, at

NOTE: If all required documents are not received by the closing date, you will be rated ineligible, and your application will not move forward to the selection official.



The following documents must be provided by the close date:

RESUME - Your resume must total no more than 5 pages and must describe your knowledge, skills, and abilities, addressing the basic requirements, each of the ECQs, and the mandatory technical qualifications.  It is critical your resume provide information sufficient to demonstrate competence in all ECQs and the Mandatory Technical Qualifications.  An example of a resume showing possession of the ECQs is available at 

SF-50 - Current & former federal employees must submit an SF-50 which shows your current (or most recent grade.) Current Career Senior Executives and individuals with SES reinstatement eligibility must submit a copy of an SF-50 which shows career SES status

CANDIDATE DEVELOPMENT PROGRAM CERTIFICATE - individuals who have successfully completed an Office of Personnel Management (OPM) approved SES Candidate Development Program must submit a copy of your OPM certificate.

Failure to submit any of the required documents by the closing date of the announcement will result in your removal from consideration for this position.

NOTE:  If you are or have been a career SES employee you are not required to demonstrate ECQ accomplishments in your resume.  Additionally, if you are a graduate of an OPM approved SES Candidate Development Program, you can submit evidence that you completed the program in- lieu of demonstrating accomplishments of the ECQs.

Additional information on the SES and how to address qualifications can be found in the Guide to Senior Executive Service Qualifications handbook located at



Jennifer Moss
Phone: (301)340-2210
Agency Information:
Federal Retirement Thrift Investment Board
77 K Street NE
Washington, DC


We will conduct a qualifications evaluation of applicants who supply all requested material.  Qualified applicants will be rated and ranked by a SES Rating panel.  Best qualified candidates will be referred for further consideration and possible interview.  You will be notified of the outcome after completion of the selection process. 

Background Suitability Investigation: Employment is contingent upon satisfactory completion of a background investigation and the granting of a Federal suitability or security clearance.

Control Number: 323020000
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