This position is located in the Division of Finance, Office of Risk Management and Internal Controls (ORMIC) of the Federal Deposit Insurance Corporation in Washington, D.C.
Salary reflects a pay cap for this position of $310,000.
Summary
This position is located in the Division of Finance, Office of Risk Management and Internal Controls (ORMIC) of the Federal Deposit Insurance Corporation in Washington, D.C.
Salary reflects a pay cap for this position of $310,000.
Yes—Supervisors must report in person to their duty station office 5 days per pay period. Supervisors will be required to report in person to their duty station office 3 days per week beginning July 15, 2024. TELEWORK OPTIONS ARE SUBJECT TO CHANGE.
Serves as ORMIC’s Director and Chief Risk Officer (CRO) and is responsible for providing executive leadership and direction across organizational lines regarding: (1) designing the FDIC's governance model for internal and external risk; (2) establishing policies and procedures to manage enterprise-wide risk; (3) improving control procedures across the Corporation; (4) providing risk management services for capital investments in information technology; (5) evaluating programs to mitigate operational and other risk exposures; (6) promoting efficiency and effectiveness in operations throughout the Corporation; and (7) raising the awareness of the need for strong controls and risk mitigations (internal and external). Assignments are complex, sensitive, and Corporate-wide in scope.
Directs and oversees a wide range of activities related to the development and management of a comprehensive program and processes for anticipating, assessing, identifying, monitoring, and reducing pertinent business risks that could interfere with the FDIC's mission, business objectives, and strategic goals.
Independently reviews external and internal risks, with a system-wide perspective; facilitates transparency and sharing of information regarding existing, emerging, and potential risks; and further instills risk governance as part of the Corporation's culture. The incumbent will ensure the effective identification, monitoring, mitigation, and reporting of external and internal risks.
Ensures the effective identification, monitoring, mitigation, and reporting of internal and external risks; and facilitates transparency and information sharing on said risks, including emerging risks. Provides expert assistance and advice on risk-related technical issues, problems, and procedures. Researches and recommends solutions to issues involving risk-related aspects of policies and operational activities that require review by the Chief Financial Officer, Chief Operating Officer, Chief Information Officer, Chief of Staff, or Chairman.
Performs both immediate and long-range planning, development, and implementation of Corporate programs and procedures related to identifying, monitoring, and mitigating strategic, reputational, financial, and operational risks. As the CRO, the incumbent will also be responsible for providing timely information and reporting to FDIC senior management regarding FDIC's Risk Profile and Risk Inventory and monitoring and mitigation efforts as required.
Represents the Corporate risk perspective in dealing with senior-level managers and executives of the Corporation, members of the Board, other regulatory agencies, professional organizations, trade groups, financial institutions, and the general public.
Risk management oversight for the Capital Investment Review Committee (or equivalent governance bodies) as it relates to development efforts and other capital projects and serves on the Chief Information Officer (CIO) Council to advise the CIO as necessary regarding Corporate information technology strategies.
Evaluates FDIC policies, programs, and procedures from a risk and efficiency standpoint, and develops or revises policy and procedures designed to enhance performance and risk mitigation efforts throughout the Corporation. Also responsible for independent reviews of internal and external risks, and reporting on overall risk profile and inventory to Agency senior leadership.
Exercises supervisory personnel management authority directly or indirectly through subordinate senior managers to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback. Identifies training and developmental needs for staff and provides regular recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes as appropriate. Approves/disapproves requests for leave, telework, travel, training, etc. Ensures that programs are administered effectively and in accordance with broadly stated objectives and priorities.
Develops Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, programs and metrics in compliance with Corporate policy, legal requirements, and the mission of the Division; leads efforts to make the organization and management of work within area of responsibility; leads diverse groups of employees to direct work, review outcomes/effectiveness, develop and assess subordinate managers, and promote inclusion.
Completion of Confidential Financial Disclosure may be required.
High-Risk-Special Sensitive (SS)
Ability to obtain and maintain a Top Secret Clearance Top with Sensitive Compartmented Information (SCI).
Applicant tentatively selected for this position will be required to submit to urinalysis to screen for illegal drug use prior to appointment and will be subject to random drug tests.
Must be able to obtain and maintain an interim and/or final security clearance prior to entrance on duty. Failure to obtain and maintain the required level of security clearance may result in the withdrawal of a job offer or removal.
Employee may be relocated to any duty location to meet management needs.
Qualifications
To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through progressively responsible management or executive-level assignments.
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, skills, and abilities that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
MINIMUM QUALIFICATIONS: All applicants must submit a resume that addresses each minimum qualification experience. Examples should be clear, and concise, and emphasize your level of responsibilities; the scope and complexity of the programs, activities, or services you managed; program accomplishments; policy initiatives undertaken; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments.
Leadership Experience: Experience in overseeing and coordinating the work of organizational units directly and indirectly through subordinate supervisors, including assigning work; directing changes to programs and priorities; and evaluating performance against goals; AND,
Leadership Experience: Experience in managing employee performance and growth directly and indirectly through subordinate supervisors, including evaluating employee readiness for successive roles; recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues; AND,
Leadership Experience: Experience in overseeing the implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff.
Technical Experience: Experience in mitigating internal risk exposure in large, complex banking and/or financial organizational environments, with an understanding of the operational, information technology, and regulatory framework in which financial institutions operate.
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.
If selected, you may be required to serve a probationary period.
If selected, you may be required to serve a supervisory/managerial probationary period.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
The five-day notification process does not apply to corporate and executive manager positions. Failure to provide your application documentation (i.e. up-to-date resume) in support of your qualifications for this position by the closing date will limit your ability to receive maximum consideration. Take a moment to ensure that your resume and assessment questionnaire responses reflect the qualifications and eligibility requirements of this position by the closing date.
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.
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 contains 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, the 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.
Qualified candidates will be referred to the selecting official for further review and consideration.
The competencies/KSAs you may be assessed on are listed below.
Direction Setting
Advising
Managing Risk
HR Management
Leveraging Diversity
Planning and Organizing
Critical Thinking
Knowledge of the principles and practices of Enterprise Risk Management, especially operational, strategic, and reputational risks facing large, complex financial organizations.
Knowledge of integrated risk management techniques, practices, and internal control principles, and their use in mitigating risks across organizational boundaries in large banking and/or financially oriented organizations.
Knowledge of laws, rules, regulations, programs, policies, and procedures related to financial institution supervision and examination; risk monitoring and analysis; and resolution activity.
Ability to influence and build consensus through exceptional communication skills, and to distill detailed, complex information into concise, persuasive written reports..
You do not need to respond separately to these competencies/KSAs. Your answers to the online questionnaire and resume will serve as responses to the competencies/KSAs
Applicants must provide details of the duties performed as they relate to the qualifying experience and competencies/KSAs. Experience must be explicitly stated in the resume as experience not specifically described in the resume cannot be assumed. Resumes that are vague or don't address the specific requirements will not receive maximum consideration.
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.
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:
FDIC EMPLOYEES: Submit a final digitally signed copy of your most recent Annual Performance Appraisal and Evaluation form. The final PDF form is also acceptable. Please note that your form must be printed in landscape orientation for the required signatures to be visible. If you want to be considered non-competitively include a copy of your SF-50. The SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying. Multiple SF-50s may be necessary to determine your eligibility.
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 Application Information” 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
Human Resources, Executive Resources
3501 Fairfax Dr.
Room VS-D3026
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.
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:
FDIC EMPLOYEES: Submit a final digitally signed copy of your most recent Annual Performance Appraisal and Evaluation form. The final PDF form is also acceptable. Please note that your form must be printed in landscape orientation for the required signatures to be visible. If you want to be considered non-competitively include a copy of your SF-50. The SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying. Multiple SF-50s may be necessary to determine your eligibility.
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 Application Information” 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
Human Resources, Executive Resources
3501 Fairfax Dr.
Room VS-D3026
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.
