This position is located in the Division of Resolutions and Receiverships, Resolutions Strategy Branch of the Federal Deposit Insurance Corporation providing support in franchise marketing responsible for the analysis, marketing and sales activities related to the least cost resolution of large and complex failing financial institutions.
Summary
This position is located in the Division of Resolutions and Receiverships, Resolutions Strategy Branch of the Federal Deposit Insurance Corporation providing support in franchise marketing responsible for the analysis, marketing and sales activities related to the least cost resolution of large and complex failing financial institutions.
Yes—The FDIC offers position-specific telework options. This position is eligible for Traditional Telework, Expanded Telework, Home Based and Remote Work Options. Please see the Additional Information section below for more information on telework options. Telework options are subject to change.
Remote job
No
Relocation expenses reimbursed
Yes—Relocation may be authorized in accordance with existing agency policy.
Relocation expenses are not authorized for a selectee(s) electing the Remote Work Option.
All United States Citizens. (Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2022-DAL-B0082 . 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.) Location is negotiable after selection.
At the full performance level, major duties include:
-Responsible for the valuation of failing bank loans, owned real estate, lease financing receivables, reverse mortgages, subsidiary-held assets and servicing rights assets held at large and complex failing financial institutions.
-Directs and monitors financial advisors contracted to perform Asset Valuation Reviews (AVR) for failing institution assets, loss share terminations and year-end liability estimates. Consults financial advisors to answer questions or clarify the points made in the AVR report.
-Reviews, analyzes, approves, and, if necessary, may require restructuring of model outputs for use in asset disposition decision making pre-failure or post-failure.
-Reviews and approves valuation report deliverables including intangible assets in determining liquidation and market values for loans and owned real estate.
-Markets large and complex financial institution loans, subsidiaries, business lines and other assets and liabilities including the review and analysis of the assets to determine appropriate pool structure, designed to enhance market interest.
-Independently analyzes financial and industry information for various marketing methods for failing financial institutions.
-Devises innovative strategies, and prepare information packages to enhance bidder interest and reduce the estimated cost of resolution.
-Develops and presents failing bank marketing recommendations to senior management.
-Coordinates on-site bidder due diligence and meetings with key bank managers.
-Analyzes, reconciles and understands highly complex failing bank general ledger accounts and conveys complex failing bank operational specifics to appropriate parties.
-Analyzes call report data, other publicly available information and confidential supervisory information such as bank examination reports
Completion of Financial Disclosure may be required.
Minimum Background Investigation (MBI) 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.
To qualify for CG-13: Applicants must have completed at least one year of specialized experience equivalent to at least the 12 grade level or above in the Federal service. Specialized experience is defined as experience analyzing a financial institution’s asset/liability mix, and compiling data pertaining to a financial institution’s operations and bank asset valuation.
To qualify for CG-14: Applicants must have completed at least one year of specialized experience equivalent to at least the 13 grade level or above in the Federal service. Specialized experience is defined as experience marketing a financial institution, which includes analyzing the institution’s asset/liability mix to determine appropriate transaction structure, and experience compiling and analyzing data pertaining to financial institution’s operations and bank asset valuation.
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.
Additional information
This announcement has been amended to update the telework information.
For more information on telework at the FDIC, please reference the available telework options for this position here. Telework options are subject to change.
Relocation expenses are not authorized for a selectee(s) electing the Remote Work Option. Relocation may be authorized in accordance with existing agency policy for a selectee(s) electing any other position-specific telework option in accordance with existing agency policy. Residency must be established in accordance with agency policy in the following duty location(s) to be eligible to receive relocation: Dallas, TX; or Washington, DC.
The range of pay shown includes base pay plus supplemental locality adjustments for FDIC nationwide. The locality rates for these duty locations range from a low of 11.74% to a high of 50.45%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more information on specific FDIC locality rates, click here.
Salary reflects a pay cap of $250,000.00 for this position.
If electing the Remote Work Option, the duty location is set using the selectee’s primary residence, which must be in the continental United States. Locality pay will be based on the location of the selectee’s primary residence.
If electing any other position-specific telework option, the selectee’s duty location will be the current duty location of record for FDIC employees and the closest FDIC duty location to the selectee’s residence for non-FDIC employees. Locality pay will be based on the duty location and not the selectee’s residence.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
If selected, you may be required to serve a probationary 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.
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.
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. 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.
The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below.
1. Ability to assess market conditions to determine impact on asset values and to manipulate loan data files and deliverables.
2. Ability to enhance franchise marketability and develop marketing strategies, purchase and assumption agreements, share loss agreements, and loan sale agreements.
3. Ability to apply economic and financial principles affecting and related to troubled assets and failing institutions in order to resolve and market financial institutions.
4. Ability to communicate orally.
5. Ability to communicate in writing.
6. Ability to analyze financial statements, management and operations reports of financial institutions.
7. Knowledge of bank operations, general ledger detail, account reconciliation, and coordination of on-site bidder due diligence.
8. CG-13 Only- Ability to apply statistical concepts to validate modeling assumptions utilized and work product produced by financial advisors to achieve scalability.
8. CG-14 Only-Ability to evaluate credit quality and potential asset recovery utilizing financial analysis and key assumptions.
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.
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.
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.
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 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:
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 ApplicationInformation” 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.
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
600 North Pearl Street
Suite 700
Dallas, Texas 75201
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.
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 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:
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 ApplicationInformation” 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.
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
600 North Pearl Street
Suite 700
Dallas, Texas 75201
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.
