The Deputy Vice President (DVP), Political Risk Insurance (PRI) has responsibility for leading & managing a team of finance professionals that cover PRI for the DFC and is responsible for developing and executing on PRI deals supporting all DFC sectors and strategic objectives. The DVP, PRI works across the agency to facilitate the use of the PRI instrument for projects that meet DFC's development and foreign policy objectives across all DFC priorities.
Summary
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The Deputy Vice President (DVP), Political Risk Insurance (PRI) has responsibility for leading & managing a team of finance professionals that cover PRI for the DFC and is responsible for developing and executing on PRI deals supporting all DFC sectors and strategic objectives. The DVP, PRI works across the agency to facilitate the use of the PRI instrument for projects that meet DFC's development and foreign policy objectives across all DFC priorities.
**ANNOUNCEMENT HAS BEEN AMENDED TO EXTEND THE CLOSING DATE TO FRIDAY, MARCH 1, 2024**
As the DVP, PRI, you will:
Oversee efforts leading to the approval and execution of DFC PRI investment activity in support of DFC strategic objectives, spanning priority sectors. Provide strategic and operational direction to PRI unit's financing activities through the entire lifecycle of the investment including business development, screening, due diligence, negotiating and structuring, approval, disbursement, and post-investment management and monitoring.
Provide overall direction on PRI strategy and update the strategy in accordance with U.S. Government priorities. Ensure alignment with other sector strategies and broader market trends and opportunities.
Provide strategic direction in setting objectives and goals for business development and outreach efforts for PRI. Develop relationships with companies, financial institutions, foreign government officials, and DFIs. Serve as a key point of contact for external stakeholders such as clients and other DFIs. Improves and expands networks to develop business development and generate deal flow especially in low-income countries.
Distribute overall targets across investment staff based on capabilities, experience, and interests. Ensure adequate technical and operational support for staff to reach their assigned targets. Direct staff members on all technical aspects of political risk insurance for projects and ensure that project or deal analysis is sound and complete before referral to higher management. Manage the preparation of necessary documents required through the DFC approval process.
Manage the negotiation of political risk insurance agreements. Coordinate closely with OGC to ensure that all appropriate terms and clearances are obtained prior to execution of political risk insurance agreements. Collaborate with OGC to advocate on behalf of clients for their business positions to local governments and processing insurance claim requests.
Please Note: This is not a Bargaining unit position.
Males born after 12-31-59 must be registered for Selective Service
Must submit resume and supporting documents (See How To Apply)
Suitability for Federal employment, as determined by a background investigation
May be required to successfully complete a probationary period
Selection may require completion of a one-year supervisory or managerial probationary period unless met during prior Federal service
Must be able to obtain and maintain a secret security clearance
Within 30 days of your start date, you will be required to file an Executive Branch Personnel Public Financial Disclosure Report (OGE-278)
This position will require foreign travel to developing countries
Qualifications
Applicants must meet all eligibility and qualification requirements upon the closing date of this announcement.
You may qualify at the SL-00 level, if you fulfill the following qualification requirements: SPECIALIZED EXPERIENCE:
Candidates must have at least one year of specialized experience related to this position. This experience must be at or above the GS-15 grade level or equivalent. Your resume must reflect:
Experience providing effective leadership and supervision to subordinates; and
Experience overseeing efforts leading to the approval and execution of international political risk insurance investment activity.
AND
MANDATORY QUALIFICATIONS:
Applicants must address the following mandatory qualifications separate from their resumes. Statements must provide specific examples that address relevant experience, accomplishments and evidence that you possess demonstrated superior technical qualifications. You will not be considered for this position if you fail to submit qualification statements specifically addressing each mandatory technical qualification requirement.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): Maximum of two pages per MTQ.
Demonstrated experience in originating credit risk and political risk insurance coverages for pioneering investment structures and responding to and working with brokers on projects requiring political or credit risk insurance;
Demonstrated experience guiding potential clients through the eligibility requirements, application process, investment policies requirement and approval process;
Demonstrated experience analyzing investment conditions and political climate in developing countries in order to determine whether an action by a foreign government has affected the economic interest of a private investment;
Demonstrated experience developing networks and customer contacts to identify new political risk insurance business opportunities; and
Demonstrated experience providing strategic leadership and direction in planning, implementing, and evaluating short- and long-range initiatives to support strategic business plans and cross-functional business solutions.
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.
This position is being advertised concurrently with vacancy announcement 24-OE-ST-12247161-BN using Merit Promotion (MP) procedures. If interested, refer to that announcement to determine if you meet MP requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both.
This announcement may be used to fill similar positions, if additional vacancies occur.
Education
Education is not substitutable for experience/mandatory technical qualifications identified above.
Additional information
If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility showing type of discharge/character of service. If you are claiming 10-point veterans' preference, you must submit documentation from the Departments of Veterans Affairs (VA) showing type of discharge/character of service and your disability percentage. You may also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the documents listed in this form to support the claim for veteran preference. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans.
Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/verify/).
Telework Suitability: The duties of this position are suitable for telework. The selectee may be allowed to telework with supervisor approval and if they meet the eligibility criterion in the 2010 Telework Act.
Stipulations of Employment: Selection may require completion of a 1-year probationary period.
Work Schedule: This position allows for a flexible work schedule.
Miscellaneous:DFC uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit https://www.e-verify.gov/.
Recruitment and relocation incentives may be authorized for this position.
Employees in SL positions are entitled to accrue annual leave at the rate of 8 hours per biweekly pay period regardless of the length of their Federal service, and can accumulate a total of up to 90 days (720 hours) of annual leave. All Federal employees including SL members earn 13 days of sick leave each year.
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.
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.
Applicants will be evaluated against the resume and mandatory qualification requirements. The candidate's experience will be reviewed in determining the degree to which he/she possesses each of the qualification requirements. You will not be considered for this position if you fail to submit qualification statements specifically addressing each mandatory technical qualification requirement. Failure to meet any of the Mandatory Qualifications standards will eliminate you from further consideration. A preliminary review will be made by Human Resources. Candidates may then be evaluated by a screening panel composed of a diverse mix of senior executives and/or general officers selected for organizational and/or functional backgrounds relevant to this position. The panel discusses each application and reaches consensus on the Highly Qualified candidates. Only the individuals in the Highly Qualified category will be referred to the hiring official for review.
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.
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.
To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section of this vacancy. The complete application package must be submitted by 11:59 PM (EST) on the closing date to receive consideration.
If you have questions about this job, please contact the HR Office representative listed in the "Agency Contact Info" section of this vacancy announcement. If you need assistance in applying on-line, please refer to the How to Apply section above and explore the Federal Application Process information on the USAJobs website.
To begin, click Apply Online to access an online application. Follow the prompts to select your USAJOBS resume and/or other supporting documents. You will need to be logged into your USAJOBS account or you may need to create a new account.
You will be taken to an online application. Complete the online application, verify the required documentation, and submit the application.
You will receive an email notification when your application has been received for the announcement.
If experiencing a significant hardship which hinders your ability to apply on-line, please contact the Agency Contact listed on this announcement at least two business days before the closing date, to discuss your situation. Failure to contact us within sufficient time may result in your hardship request being denied.
To verify the status of your application, log into your USAJOBS account, https://my.usajobs.gov/Account/Login, select the Application Status link and then select the More Information link for this position. The Application Status page will display the status of your application, the documentation received and processed, and your responses submitted to the online application. Your uploaded documents may take several hours to clear the virus scan process.
Do not submit photographs with your application package. Documents with photographs may not be seen by hiring officials - you must remove your image from any badges, licenses, etc. If your resume includes a photograph or other inappropriate material or content (e.g. SSN or DOB), your resume will not be used to make eligibility and qualification determinations and you will not be considered for this vacancy.
Documents submitted as part of the application package, to include supplemental documents, may be shared beyond the Human Resources Office. Some supplemental documents such as military orders and marriage certificates may contain personal information for someone other than you. You may sanitize these documents to remove another person's personal information before you submit your application. You may be asked to provide an un-sanitized version of the documents if you are selected to confirm your eligibility.
Do not upload Adobe portfolio documents. Adobe portfolio documents are not viewable by our agency's staffing offices.
It is your responsibility to ensure all required documents have been submitted prior to the closing date of the announcement.
International Development Finance Corporation
1100 New York Ave. NW
Washington, DC 20527
US
Next steps
For status updates on your application, please follow the directions listed above in the How to Apply section. Once your online application is submitted you will receive a confirmation notification by email. If you are selected for an interview for this position, you will be contacted directly. A final job offer for this position is typically made within several weeks after the closing date of the vacancy announcement. After confirming a job offer, all other applicants will be notified of their non-selection.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section of this vacancy. The complete application package must be submitted by 11:59 PM (EST) on the closing date to receive consideration.
If you have questions about this job, please contact the HR Office representative listed in the "Agency Contact Info" section of this vacancy announcement. If you need assistance in applying on-line, please refer to the How to Apply section above and explore the Federal Application Process information on the USAJobs website.
To begin, click Apply Online to access an online application. Follow the prompts to select your USAJOBS resume and/or other supporting documents. You will need to be logged into your USAJOBS account or you may need to create a new account.
You will be taken to an online application. Complete the online application, verify the required documentation, and submit the application.
You will receive an email notification when your application has been received for the announcement.
If experiencing a significant hardship which hinders your ability to apply on-line, please contact the Agency Contact listed on this announcement at least two business days before the closing date, to discuss your situation. Failure to contact us within sufficient time may result in your hardship request being denied.
To verify the status of your application, log into your USAJOBS account, https://my.usajobs.gov/Account/Login, select the Application Status link and then select the More Information link for this position. The Application Status page will display the status of your application, the documentation received and processed, and your responses submitted to the online application. Your uploaded documents may take several hours to clear the virus scan process.
Do not submit photographs with your application package. Documents with photographs may not be seen by hiring officials - you must remove your image from any badges, licenses, etc. If your resume includes a photograph or other inappropriate material or content (e.g. SSN or DOB), your resume will not be used to make eligibility and qualification determinations and you will not be considered for this vacancy.
Documents submitted as part of the application package, to include supplemental documents, may be shared beyond the Human Resources Office. Some supplemental documents such as military orders and marriage certificates may contain personal information for someone other than you. You may sanitize these documents to remove another person's personal information before you submit your application. You may be asked to provide an un-sanitized version of the documents if you are selected to confirm your eligibility.
Do not upload Adobe portfolio documents. Adobe portfolio documents are not viewable by our agency's staffing offices.
It is your responsibility to ensure all required documents have been submitted prior to the closing date of the announcement.
International Development Finance Corporation
1100 New York Ave. NW
Washington, DC 20527
US
Next steps
For status updates on your application, please follow the directions listed above in the How to Apply section. Once your online application is submitted you will receive a confirmation notification by email. If you are selected for an interview for this position, you will be contacted directly. A final job offer for this position is typically made within several weeks after the closing date of the vacancy announcement. After confirming a job offer, all other applicants will be notified of their non-selection.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
