This position is located in the Division of Resolutions and Receiverships, Financial Services and Technology Branch of the Federal Deposit Insurance Corporation and provides support in the areas of researching, reviewing, analyzing, and reporting on highly complex financial transactions from financial institution failures.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Summary
This position is located in the Division of Resolutions and Receiverships, Financial Services and Technology Branch of the Federal Deposit Insurance Corporation and provides support in the areas of researching, reviewing, analyzing, and reporting on highly complex financial transactions from financial institution failures.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Yes—This position is eligible for Traditional Telework, Expanded Telework, Home Based and Remote Work Options. Positions eligible for the listed telework options require onsite presence of one day or more per pay period in accordance with organizational guidelines and mission requirements. 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 2023-DAL-B0092 . 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.
- Conducts complex analysis associated with work assignments such as evaluating accounting treatment for complex resolution transactions, accounting and reporting system improvements and enhancements, data management and automation initiatives, and assessing system gaps.
- Serves as a subject matter expert for researching, reviewing, analyzing, and reporting on key financial program areas and highly complex financial transactions from financial institution failures in three or more areas: accounting for financial institution resolutions; resolution accounting; subsidiary accounting; operational accounting for asset processing, and servicing; liabilities and dividends; cash management; reporting and analysis; general ledger; systems development and analysis; proforma; and project management.
- Conducts in-depth research and analysis related to implementing accounting policies and procedures utilizing documented solutions to address specific accounting problems and reviews reconciliation and general ledger processes to ensure compliance with established branch policies, procedures, and guidelines.
- Independently designs and revises financial and procedural requirements for the financial and accounting activities of the Corporation based on the application of technical expertise and analysis.
- Independently assesses reports and reconciliations and coordinates financial and accounting matters related to accounting operational activities such as accounting and processing receivership dividends, balance sheet reporting and reconciliation, proforma, asset servicing, cash management, liabilities, and general ledger operations.
- Researches, reviews, and inputs required financial information from source documents into assigned financial systems within specified timeframes, reconciling any differences; appraises and confirms data integrity and consistency for the conversion, processing, and reporting of all assets and liabilities.
- Assesses systems, policies, and procedures for scalability and applicability to large bank resolution accounting-related readiness activities.
- Facilitates information by sharing financial and procedural information between functional areas and other divisions to ensure seamless flow of communication and timely and effective problem resolution affecting receivership accounting operations.
- Serves as technical expert providing technical advice and guidance on complex correspondence, including inquiries from external parties. Prepares reports or data by responding to internal and external inquiries related to assets and liabilities, cash management, and financial and accounting program areas.
- Represents the branch in conferences, panels, forums, and meetings with Corporation staff, professional groups, financial institutions related to highly complex financial issues and systems; interacts with failed bank management, employees and customers as needed.
Completion of Financial Disclosure may be required.
Background Investigation (BI) 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, applicants must have completed at least one year of specialized experience equivalent to at least the CG-14 grade level or above in the Federal service. Specialized experience is defined as experience in 1) banking and financial institution accounting, 2) reviewing regulatory reporting and auditing financial statements utilizing automated financial data systems, 3) utilizing the Generally Accepted Accounting Principles (GAAP), 4) handling multiple concurrent projects, and 5) reviewing and documenting processes, including improving workflow efficiencies related to financial analysis.
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
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. The locality rates for these duty locations range from a low of 11.74% to a high of 50.54%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.
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.
Salary reflects a pay cap for this position of $250,000.
If selected, you may be required to serve a probationary as applicable to appointment type.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
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 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.
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.
1. Knowledge of receivership financial management, resolution tax accounting, and emerging financial technologies sufficient to evaluate financial programs.
2. Ability to analyze complex data to create multiple types of management reports related to financial, operational, and administrative issues.
3. Ability to provide senior management with recommendations on the proposed accounting approaches and policies potential impact on the Division and Corporation.
4. Ability to reconcile complex receivership and subsidiary receivership transactions, financial statements, systems, and subsidiary equity positions to ensure the accuracy of financial statements.
5. Ability to plan and conduct a deposit compliance review involving evaluation of accounting for deposit accounts, bank financial statements, and information technology systems utilizing knowledge of compliance, practices, policies and functions.
6. Knowledge of the banking industry and the financial services sector, including knowledge of bank operations.
7. Ability to communicate orally in a wide variety of settings at all levels within and outside the FDIC.
8. Ability to communicate complex, controversial, and problematic issues.
9. Ability to deliver formal presentations and respond to inquiries conveying technical information to senior management and external clients.
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 point of contact 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 point of contact 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.
