This position is located in the FDIC Tech Lab (FDiTech) of the Federal Deposit Insurance Corporation in Washington, D.C. The CINO leads FDiTech and serves as the principal advisor to the Chairman, the Board of Directors, Deputy to the Chairman, Division/Office Directors and other FDIC executive leadership on issues, proposals, and other matters within the scope of the FDiTech mission.Learn more about this agency
• In serving as the FDIC technological innovation and transformation POC for banks, non-banks, and other outside entities, including U.S. and international supervisors, the CINO manages, facilitates, coordinates, and integrates responses to internal and external inquiries within the scope of the FDiTech mission. Identifies appropriate stakeholders and ensures responses reflect their insight and collaboration. Coordinates within FDIC on innovation and transformation requests and inquiries within the scope of the FDiTech mission. Provides vision and perspective to ensure consistency and full understanding of the strategic implications, risks, and benefits of technological innovation within the financial services sector, particularly FDIC-insured and -supervised institutions.
• Within the scope of the FDiTech mission, the CINO will facilitate the transformation process by partnering with other FDIC Divisions/Offices, the Chief Information Officer Organization, and the Office of the Chief Information Security Officer to strategically address challenges through the adoption of innovative technologies. Creates an environment that fosters and enables technological innovation and transformation within the FDIC, by building partnerships and serving as a change agent.
• Facilitates and coordinates agency communication regarding risks and opportunities related to technological innovation and transformation within the scope of the FDiTech mission. Directs and facilitates discussions to address the evolving financial services technology landscape, and recommends appropriate actions by the FDIC, consistent with sound risk management, fair access to financial services, and fair treatment of consumers in accordance with consumer protection requirements.
• Develops and executes a technological innovation and transformation outreach and technical assistance strategy for banks, non-banks, and community and consumer groups. Coordinates with the Office of Communications to ensure the outreach strategy includes all impacted stakeholders, using a wide variety of channels.
• Facilitates understanding and communication with non-banks on the FDIC’s regulatory and operational expectations and partnerships within the scope of the FDiTech mission. Directs the development of the FDIC’s external FDiTech webpage and other appropriate technology-based communication methods. Ensures that all outreach and communication efforts support the Chairman’s priorities for increasing knowledge, developing consistent approaches, and communicating clearly within the financial services sector.
• Collaborates with appropriate FDIC officials on innovation and transformation awareness and training efforts within the scope of the FDiTech mission, and ensures adequate evaluation and supervision of new technology-based financial products, services and processes by FDIC staff.
• In consultation with relevant FDIC Divisions/Offices, conducts analysis, evaluation, and discussion of specific financial services sector technological innovations and transformations, overall technological innovation trends in the U.S. banking system, emerging and potential risks, and the implications for responsible supervision.
• Partners with the Division of Insurance and Research (DIR) and other FDIC Divisions/Offices to direct and facilitate research on technological innovation and transformation within and related to the financial services sector. Collects data and other information on specific technological innovations and transformation and banking/financial services sector trends. Analyzes and evaluates technological innovation and transformation initiatives, trends, opportunities, and risks with respect to the potential effect on community banks, bank segments, and the U.S. banking system as whole. Shares research analysis and findings internally to help identify risk, develop/enhance policy, regulations, and guidance, and conduct supervisory, resolution, and insurance activities.
• Chairs the FDIC’s Emerging Technologies Steering Committee and administers the FDIC’s engagement with related internal and external working groups, both domestically and internationally, on financial services innovation and transformation issues.
• Leads and supervises FDiTech and its staff. Determines resource needs and ensures appropriate and necessary resources to meet mission requirements. Ensures understanding of FDIC innovation and transformation goals, initiatives and programs by all employees. Provides day-to-day supervision, supports and provides direction to staff. Effectively leverages contributions from temporary detailees to build a cohesive team drawing upon existing expertise across the FDIC.
Occasional travel - May require occasional overnight travel.
Job family (Series)
Conditions Of Employment
Registration with the Selective Service.
U.S. Citizenship is required.
Completion of Confidential Financial Disclosure may be required.
High Risk Position – Background Investigation (BI) required.
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.
Applicants must have one year of executive-level experience in private industry and/or in a government agency (equivalent in the federal government to CG/GS-15 or above). Applicants must possess all of the following specialized experience:
- Directing or managing the development and deployment of technology in the banking, financial services, or non-financial services sector for purposes of minimizing institutional and/or sector risks from such technology, improving the safety and soundness of financial institutions, supporting economic inclusion and consumer protection, or supporting the availability of innovative and safe financial products and services.
- Developing and executing a strategic process to manage the regulatory compliance associated with development and deployment of technology in the banking or financial services sector, including engagement with Congress, domestic or international regulatory bodies, and community and consumer advocacy groups.
- Developing and executing a strategic plan to engage stakeholders (including company or agency leadership, shareholders, advocacy groups, legislative or regulatory bodies, and/or the public) regarding the prudent and responsible development and deployment of technology within the banking or financial services sector, including supporting cultural transformation and improved confidence to accept technology as a key enabler or efficient, effective, and secure financial activities.
This experience must have been performed at a banking, financial services, or non-financial services technology company or within a federal or state financial regulatory agency.
There is no substitution of education for the experience for this position.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
FDIC Executive Managers (EM) are in the Federal competitive service and not the Senior Executive Service (SES). As an EM at the FDIC, you will provide executive leadership and managerial direction over substantive activities related to planning, developing, executing, and coordinating the Corporation's programs and policies.
Salary reflects a pay cap for this position of $283,700.
If selected, you may be required to serve a supervisory/managerial probationary period.
If selected, you may be required to serve a probationary period.
How You Will Be Evaluated
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.
The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below. If you are found qualified, your application package will be reviewed by a panel of three Executive Managers and placed in one of three categories: Best Qualified, Highly Qualified, or Qualified. Within these categories, candidates eligible for veterans’ preference will receive selection priority over non-veterans. Top ranked candidates will be referred to the selecting official for further review and consideration.
1. Knowledge of the technology development and deployment process, particularly within the financial services sector. Knowledge of financial services technologies and innovations and the application of related oversight, data management, quality, and integrity efforts.
2. Knowledge of the technical and policy aspects of the Corporation's activities, including effectively addressing risks in the Nation's financial system, and carrying out deposit insurance, resolution planning, and receivership management and supervision responsibilities. Ability to coordinate and direct the development and presentation of complex information during engagements with Congress, senior corporate staff; regulatory agencies, professional organizations; trade groups, financial institutions and the general public.
3. Ability to represent FDIC on FDiTech innovation and transformation initiatives in meetings with individuals and groups both internally and externally. Ability to facilitate the technological innovation and transformation process by strategically addressing challenges, helping create an environment fostering and enabling innovation and transformation, building partnerships, and serving as a change agent.
4. Ability to adapt to a work environment characterized by frequently changing priorities. Ability to resolve complex problems, often involving competing operating and policy goals and objectives.
5. Knowledge of the structure of the financial services industry, the principles of banking, and regulatory and legislative issues related to the adoption of innovative technologies within the sector.
6. Knowledge of the Corporation's mission, functions, and performance objectives. Ability to communicate effectively in meetings with senior management officials, congressional staff and the banking industry.
7. Ability to synthesize and analyze intricate and complex legal and regulatory issues to provide guidance and advice.
8. Ability to lead and supervise FDiTech staff.
You do not need to respond separately to these KSAs. Your resume will serve as responses to the KSAs.
To preview questions please click here.
Background checks and security clearance
Drug test required
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.)
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.
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.
The FDIC offers comprehensive 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.
In addition, under FDIC’s Group Life Insurance Program, basic life insurance coverage for Executive Managers is automatically equal to 3 times their salary (rounded to the next higher thousand) up to a maximum of $800,000. Executives may also choose from two other lower coverage options. The Corporation pays for the cost of the basic coverage unless employees also elect to be covered under the Federal Employees Group Life Insurance Program (FEGLI).
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 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 contact point 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. EST (Eastern Standard 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.
Agency contact information
AddressFederal Deposit Insurance Corporation
Human Resources Branch, Executive Services Staff
3501 Fairfax Dr.
Arlington, Virginia 22226
The Federal Deposit Insurance Corporation (FDIC) is one of the most respected forces in America’s financial community. Our mission is to maintain stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.
The FDIC has ranked as one of the best places to work among mid-sized agencies in the Federal Government for the past seven years.
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.
Fair & Transparent
The Federal hiring process is setup to be fair and transparent. Please read the following guidance.
Equal Employment Opportunity Policy
The United States Government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy And gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.
Reasonable Accommodation Policy
Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application process should follow the instructions in the job opportunity announcement. For any part of the remaining hiring process, applicants should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.
A reasonable accommodation is any change in the workplace or the way things are customarily done that provides an equal employment opportunity to an individual with a disability. Under the Rehabilitation Act of 1973 the Equal Employment Opportunity Commission (EEOC) must provide reasonable accommodations:
- An applicant with a disability needs an accommodation to have an equal opportunity to apply for a job.
- An employee with a disability needs an accommodation to perform the essential job duties or to gain access to the workplace.
- An employee with a disability needs an accommodation to receive equal access to benefits, such as details, training, and office-sponsored events.
Legal and regulatory guidance
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/526921100. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.