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Director, Community Development Financial Institutions (CDFI) Fund

Department of the Treasury
Treasury, Departmental Offices
This job announcement has closed

Summary

The Director, Community Development Financial Institutions (CDFI) Fund, reports to the Deputy Assistant Secretary for Community and Economic Development, U.S. Department of the Treasury (Treasury). The mission of the CDFI Fund is to increase economic opportunity and promote community development investments for underserved populations and in distressed communities in the United States.


Overview

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Reviewing applications
Open & closing dates
05/31/2023 to 07/28/2023
Salary
$141,022 to - $212,100 per year
Pay scale & grade
ES 00
Location
1 vacancy in the following location:
Washington, DC
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Occasional travel - You may be expected to travel for this position.
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Senior Executive
Promotion potential
00
Supervisory status
Yes
Security clearance
Top Secret
Drug test
No
Position sensitivity and risk
Critical-Sensitive (CS)/High Risk
Trust determination process
Announcement number
23-11967152-BB
Control number
728930200

Duties

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  • Sets, commits to and maintains high standards for quality work and responsiveness in order to accomplish the CDFI Fund mission. The Director effectively manages people, resources, risks, and changing conflicting priorities.
  • Reviewing current operations and recommending program options; promoting community development lending and investment activities on behalf of Treasury; and managing the day-to-day and long-term operations of the CDFI Fund.
  • Directs studies related to the community lending and investment activities by financial institutions, evaluating legislative proposals affecting CDFI programs, responding to a wide-range of complex inquiries, and supervising the work of the staff in administering, monitoring and evaluating program functions.
  • Ensures the CDFI Fund distributes monetary awards and allocates tax credits in accordance with Congressional mandates, White House and Treasury directives and policies, and other Federal requirements (e.g., OMB, GAO, etc.).
  • Evaluates operations and develops new approaches alternatives to current structures, policies and processes. Assesses the viability of program changes and specific impact on effectiveness and organizations served.
  • Fosters a fair and inclusive workplace that ensures fair employment practices (EEO compliance), promotes a respectful and professional work environment, and values and leverages diversity and individual differences in support of the CDFI Fund vision, mission and strategic plan.
  • Builds CDFI Fund visibility and credibility with a variety of stakeholders including Treasury, industry representatives, private sector organizations (for profit, non profit, and international), applicants and awardees, Congress, other Federal, State, local or foreign governmental entities, etc.
  • Analyzes and synthesizes mission related information (including technical and regulatory information) from various internal and external sources in order to identify risks or anticipate emerging and future trends that may impact the CDFI Fund programs and policies. Identifies potential impacts and implements measures to avoid, mitigate or minimize risk.

Requirements

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Conditions of employment

  • Initial appointments are required to serve a probationary period of 1 year.
  • Financial disclosure is required.
  • Must be able to obtain and maintain a Top-Secret clearance.

Qualifications

Qualifications: As a basic requirement, applicants must possess the Mandatory Technical Qualifications and Executive Competencies listed below. Typically, qualified applicants will have gained experience of this nature at or above the (GS)-15 grade level or its equivalent in the public or private sector. To be qualified for this position, your résumé must reflect experience in a managerial capacity. Typically, experience of this nature is gained at or above the GS-15 grade level in the Federal service, or its equivalent with state or local government, the private sector, or nongovernmental organizations. As such, your resume must demonstrate that you have the knowledge, skills, and abilities to successfully fulfill responsibilities inherent in most SES positions such as:

    • Directing the work of an organizational unit
    • Ensuring the success of one or more specific major programs or projects
    • Monitoring progress toward strategic organizational goals, evaluating organizational performance and taking action to improve performance.
    • Supervising the work of other managers and exercising important policymaking, policy determining, or other executive functions. Failure to meet the basic qualification requirement and address all Mandatory Technical Qualifications and Executive Core Qualifications will result in your application being disqualified. The ECQs were designed to assess executive experience and potential not technical expertise. They measure whether an individual has the broad executive skills needed to succeed in a variety of SES positions. All applicants that are not already QRB certified, must submit a separate written narrative addressing the ECQs. Your narrative must address each ECQ separately and should contain at least two examples per ECQ describing your experiences and accomplishments/results. The narrative should be clear and concise, emphasizing your scope and level of responsibility, the complexity of programs managed, your initiatives and accomplishments, and the results of your actions. The narrative must not exceed 10 pages. NOTE: Current career SES members, former career SES members with reinstatement eligibility, and SES Candidate Development Program graduates who have been certified by OPM do NOT need to address the ECQs:
    • 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. Competencies: creativity and innovation, external awareness, flexibility, resilience, strategic thinking, vision
    • Leading People: This core qualification involves the ability to lead people toward meeting the organizations 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. Competencies: conflict management, leveraging diversity, developing others, team building
    • 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. Competencies: accountability, customer service, decisiveness, entrepreneurship, problem solving, technical credibility
    • Business Acumen: This core qualification involves the ability to manage human, financial, and information resources strategically. Competencies: financial management, human capital management, technology management
    • 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. Competencies: partnering, political savvy, influencing/negotiating
    • Fundamental Competencies: These competencies are the foundation for success in each of the Executive Core Qualifications: Interpersonal Skills, Oral Communication, Continual Learning, Written Communication, Integrity/Honesty, Public Service Motivation. The Fundamental Competencies are crosscutting and should be addressed over the course of each ECQ narratives. Applicants should follow the Challenge, Context, Action and Result (CCAR) model outlined in the guide.
    • Challenge - Describe a specific problem or goal.
    • Context - Describe the individuals and groups you worked with, and/or the environment in which you worked, to address a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale).
    • Action - Discuss the specific actions you took to address a challenge.
    • Result - Give specific examples of measures/outcomes that had some impact on the organization. These accomplishments demonstrate the quality and effectiveness of your leadership skills. Additional information about the SES and Executive Core Qualifications can be found on the Office of Personnel Management (OPM) SES Website. You are strongly encouraged to review OPMs Guide to SES Qualifications for specific examples and guidance on writing effective ECQ narrative statements.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): All applicants must submit a written narrative that addresses each of the MTQs separately. The narrative must not exceed one (1) page per MTQ. Applicants who fail to adhere to the one (1) page per MTQ limit will be disqualified and no longer considered for the position. In addition to the ECQs, applicants must possess the following technical qualifications that represent the knowledge, skills, and abilities essential to perform the duties and responsibilities of the position. You must fully address each MTQ to be rated for further consideration.

MTQ 1:
Extensive experience with lending or financial services directed to low- and moderate-income populations and investment in financially underserved geographies.

MTQ 2: Broad knowledge and thorough understanding of community and economic development, including issues such as affordable housing, small businesses development, community facility development, economic development in distressed communities, and prudential regulation related to CDFI banks and/or CDFI credit unions.

MTQ 3: Extensive knowledge about financially underserved communities as well as regulated and unregulated financial institutions that specifically serve low- and moderate-income populations, especially CDFIs.

MTQ 4: Demonstrated skill with program administration, project management, and human resource management as well as directing a diverse staff in planning, developing and implementing grantmaking or investment activities

Education

This job does not have an education qualification requirement.

Additional information

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.

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 to a job, the work environment, or the way things are usually done that enables an individual with a disability to apply for a job, perform job duties or receive equal access to job benefits. Under the Rehabilitation Act of 1973, federal agencies must provide reasonable accommodations when:
  • 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.
You can request a reasonable accommodation at any time during the application or hiring process or while on the job. Requests are considered on a case-by-case basis. Learn more about disability employment and reasonable accommodations or how to contact an agency.
"This position requires that the successful candidate undergo personnel vetting, which includes a background investigation and enrollment upon onboarding into "Continuous Vetting." Enrollment in Continuous Vetting will result in automated record checks being conducted throughout one's employment with Treasury. The successful candidate will also be enrolled into FBI's Rap Back service, which will allow Treasury to receive notification from the FBI of criminal matters (e.g., arrests, charges, convictions) involving enrolled individuals in near real-time. "

Please review the three hyperlinks of your rights. (Noncriminal Justice Applicant's Privacy Rights - FBI, FD-258 Privacy Act Statement - FBI, and SEAD-3-Reporting-U.pdf (dni.gov)

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

1. Applicants meeting the minimum qualification requirements will be eligible for consideration in this process. Applicants will be rated based on the quality and extent of their leadership skills, technical experience, and accomplishments, as shown in their résumé and as described in their Executive Core Qualifications (ECQs) and Technical Qualifications narratives.

2. Applicants are required to submit separate narrative statements specifically addressing the Executive Core Qualifications (ECQs) and the Technical Qualifications. These narratives are mandatory for consideration in the process. The ECQs describe the leadership skills needed to succeed in the Senior Executive Service and are in addition to the job-specific Technical Qualifications. To assess the executive potential of each candidate, applicants must demonstrate their experience relevant to each ECQ. The ECQ narrative must show specific examples of the applicant's accomplishments and experience as it relates to the OPM-defined competencies and associated ECQs. Each example should clearly describe the setting in which the experience was acquired (e.g., organizational size, level, budget, and challenges), the specific actions taken to address the challenges, and the impact/result the action had on the organization/agency/government/public. Examples should clearly correlate to the experience listed in the applicant's résumé.

3. a. Current or former career Senior Executive Service employees are not required to address the ECQs, but it is MANDATORY to provide the Technical Qualifications narrative, a résumé, and a SF-50 (Notification of Personnel Action) that documents your career appointment status in the SES. b. SES Candidate Development Program (SESCDP) graduates who have not been appointed to a career Senior Executive Service appointment are not required to address the ECQs, but it is MANDATORY to provide the Technical Qualifications narrative, a résumé, and a copy/proof of your OPM QRB certification.

4. Qualified applicants will be evaluated by a panel of current agency executives. Those determined best qualified will advance in the process and may be offered the opportunity to participate in the interview process.

The selectee must already be certified by an OPM Qualifications Review Board (QRB) or receive certification prior to being appointed to this position. Additional information about the SES and Executive Core Qualifications is available at http://www.opm.gov/policy-data-oversight/senior-executive-service/executive-core-qualifications/#url=Overview

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