This position is located in the FDIC Tech Lab (FDiTech) of the Federal Deposit Insurance Corporation. 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.
The preferred duty location is Washington, D.C. but applicants will be considered at all listed locations.
Summary
This position is located in the FDIC Tech Lab (FDiTech) of the Federal Deposit Insurance Corporation. 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.
The preferred duty location is Washington, D.C. but applicants will be considered at all listed locations.
All United States Citizens. Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2019-EM-MP-0034. 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.
The FDIC recently announced the launch of FDIC Tech Lab (FDiTech), a new organization within the FDIC that will promote the adoption of innovative technologies in the financial services sector.
To lead FDiTech, the FDIC is seeking a disruptor who understands the need for transformative change and the process for developing and deploying new technologies in the financial services sector. The FDIC is looking for someone who will:
ENGAGE bankers, fintechs, technologists, and regulators on innovations to lay the foundation for banking’s future;
SUPPORT and promote the adoption of new technologies by financial institutions, particularly at community banks;
CONDUCT “tech sprints” and pilot projects to test emerging technologies in cooperation with states and federal regulators; and
EXPAND banking services to the unbanked, underbanked, and individuals in underserved communities through new technologies.
Completion of Confidential Financial Disclosure may be required.
Single Scope Background Investigation (SSBI) required.
Employee may be relocated to any duty location to meet management needs.
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.
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.
Education
There is no substitution of education for the experience for this position.
Additional information
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.
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.
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).
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.
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.
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.
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).
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.
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:
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.
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.
Federal Deposit Insurance Corporation
Human Resources Branch, Executive Services Staff
3501 Fairfax Dr.
Room VS-D3125
Arlington, Virginia 22226
United States
Next steps
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.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
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:
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.
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.
Federal Deposit Insurance Corporation
Human Resources Branch, Executive Services Staff
3501 Fairfax Dr.
Room VS-D3125
Arlington, Virginia 22226
United States
Next steps
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 and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
