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The Deputy Director, Origination Division, manages and provides policy on integrating project finance, marketing analysis, financial modeling, and new technology project risk evaluation results into comprehensive and defensible loan transactions. The role requires well-developed leadership abilities, business acumen, and negotiation skills to lead teams developing the terms and conditions governing large, complex federal loans.
07/19/2024 to 08/11/2024
$193,819 - $221,900 per year
ES 00
1 vacancy in the following location:
No
Yes—as determined by the agency policy.
Occasional travel - You may be expected to travel for this position.
No
Permanent
Full-time
Senior Executive
None
Yes
No
Yes
24-LP-ES-00640-12474597-SES
800811700
Current or former competitive service federal employees.
Current excepted service federal employees.
Those who meet the five Executive Core Qualifications (ECQs).
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Open to All U.S. Citizens
The Deputy Director manages and oversees a wide variety of project finance and corporate finance functions. Among these functions is the coordinated leadership of loan underwriting and due diligence necessary to finance energy, innovative technology transactions (Title XII), advanced technology vehicles manufacturing (ATVM) projects, or tribal energy loans (TELGP) in each of its respective Loan Programs in accordance with each Loan Program's respective parameters and mandates. The incumbent directs organizational activities based on broad organizational assessments and evaluations of long-term organizational objectives. Incumbent sets all internal control standards for effectiveness, efficiency, and productivity and assesses all organizational policy, program, and project viability. They determine the financial and personnel resources and resource allocations needed to achieve mission objectives and support mission operations; identifies the need for major organizational improvements and develops the requisite plans and directs implementing actions. The incumbent oversees and directs the internal organization, staffing, policies, and personnel authorities required to carry out the responsibilities of the organization, including the recruitment of senior managers and technical experts necessary to ensure the success of the programs.
Manages and oversees a wide variety of project finance and corporate finance functions. Among these functions is the coordinated leadership of loan underwriting and due diligence necessary to finance energy, innovative technology or advanced technology vehicles manufacturing or tribal energy projects in each of its respective Loan Programs in accordance with each Loan Program's respective parameters and mandates.
Reviews and analyzes LPO's planning, budget and financial management practices affecting the division. Recommends modifications to the Credit Review Board (CRB), the Deputy Secretary, and Director as appropriate.
Works in coordination with other DOE staff and program offices on management systems and practices to ensure the effectiveness of the loan program and to evaluate the status of projects through the use of applicable project management practices. Oversees the underwriting of each project with the various loan programs and monitors the progress of applications and loan transactions. Develops DOE views on loan guarantee issues and coordinates these positions with other Departmental offices.
Provides review, analysis, and recommendations on loan applications to the CRB, and guides the procurement of expert services from sources external to DOE as required to consider the unique features of Title XVII projects in underwriting transactions and performing thorough due diligence reviews of loan applications. Plans, coordinates, and documents project risk analysis methods and assumptions used in project evaluations.
Represents DOE in discussions with energy industry representatives to understand changing industry needs and identifying the program tools that can help to achieve those needs.
Oversees progress in achieving project milestones as conditions to loan approval and disbursement after closing.
Works closely with the U.S. Treasury Department and Federal Finance Bank in developing loan conditions for disbursement and in administering the Title XVII program.
Serves as the DOE/LPO liaison to the Office of Management and Budget, the U.S. Treasury, and other entities on Title XVII matters related to DOE loan requests and negotiations.
Provides leadership in dealing successfully with high level officials within and outside Federal Government, state and local government, and in representing the organization to Congress, other departments and agencies, industry leaders, and senior executive advisory panels.
The incumbent has the responsibility for promoting Diversity and Equal Employment Opportunity (EEO) and for ensuring full implementation of the Diversity, EEO and Affirmative Employment Program Plan. Provides management direction and input to affirmative action goals and objectives; ensures that personnel management within the organizational entity under supervision is accomplished without regard to race, color, religion, sex, age, disability, or national origin. The incumbent is responsible for managing workforce diversity and instilling a sense of community throughout the organization to create a work environment in which all staff members are fully supported.
PRE-HIRING REQUIREMENTS: This is a permanent position in the SES. Unless you are already a member of the SES with career status or are a graduate of an Office of Personnel Management (OPM) certified SES Candidate Development Program, your executive qualifications must be approved by OPM before you can be hired. If you are selected, you will be required to prepare your executive core qualification (ECQ) narrative for OPM submission.
CITIZENSHIP: You must be a U.S. Citizen or National.
BACKGROUND INVESTIGATION: You must pass a background investigation.
PUBLIC FINANCIAL DISCLOSURE REPORT (OGE 278): If you are selected for this position, you will be required to file this report prior to entry on duty in accordance with the Ethics of Government Act of 1978.
PROBATIONARY PERIOD: You must complete a one-year SES probationary period.
SELECTIVE SERVICE: If you are a male born after December 31,1959, you must be registered with the Selective Service registration. To learn more about this law, visit the Selective Service web page, Who Must Register.
MOBILITY: A mobility agreement may be required based on mission needs.
E-VERIFY: New employees will be required to pass the employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit www.dhs.gov/E-Verify.
The U.S. Department of Energy fosters a diverse and inclusive workplace and is an Equal Opportunity Employer.
Telework: Your position may be eligible for workplace flexibilities which may include telework options and/or flexible work scheduling. These flexibilities may be requested in accordance with the DOE Workplace Flexibilities policy.
OF-306: You may be required to complete an OF-306, "Declaration for Federal Employment" form used to (a) determine your suitability for Federal Employment and/or (b) in conducting an investigation to determine your suitability or ability to hold a security clearance.
Applications contain information subject to the Privacy Act (PL 93 579, 5 USC 552a). The information is used to determine qualifications for employment and is authorized under Title 5, USC, Section 3302 and 3361.
The Fair Chance Act prohibits specific inquiries concerning an applicant's criminal or credit background unless the hiring agency has made a conditional offer of employment to the applicant. An applicant may submit a complaint to the agency within 30 calendar days of the date of alleged non-compliance by completing the Fair Chance Act Intake Form and submitting it to the Administrative Investigations Program at AdministrativeInvestigations@hq.doe.gov.
The selecting official may need to consult Departmental ethics counsel to determine whether any of your former or current employers, affiliations, or financial holdings conflict with your ability to perform the duties of this position. If necessary, ethics counsel will work with you and the hiring office regarding potential mitigation strategies, if available.
Hiring incentives may be authorized in accordance with agency policy and if funding is available.
This is a non-bargaining unit position.
You will be evaluated for this job based on how well you meet the qualifications above.
Veteran's Preference does not apply to the Senior Executive service (SES).
You will be evaluated on the quality and extent of your total accomplishments, experience, and education (if applicable). Your application will be rated and ranked by an Executive Resources Board (ERB) Panel, comprised of at least three SES members, using only the information submitted within the application package. If your application does not demonstrate sufficient possession of the ECQs and MTQs, you will be determined ineligible for further consideration. In order to be eligible, you must demonstrate that you have depth and breadth of experience to successfully perform the duties of the job.
As part of the Resume Based recruitment method, the ERB Panel conducts a structured interview for all applicants who are determined to be in the top category from the ERB Rating Panel. Based on the Panel's evaluation, applicants who are determined Best Qualified will be referred to the selecting official for further consideration and possible second interview. Persons tentatively selected for appointment to SES positions must prepare their ECQ package for OPM's Quality Review Board (QRB) certification. The QRB review and certification is the last critical step in the SES selection process, and all SES candidates must have their executive qualifications certified by a QRB before being appointed as career members of the SES.
It is important you include and address all ECQs, MTQs, and accomplishments in your resume, MTQ narrative, and optional cover letter. A sample five-page resume addressing ECQs can be viewed in the Guide to SES Qualifications (indexed at page 29-37).
Thoroughly review the following list to determine the documentation you need to submit. If you fail to submit required documentation before the announcement closes, you will be rated "ineligible." Some documents may not apply to all applicants.
To apply for this position, you must provide a complete Application Package which includes:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
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.
Please read the entire announcement and all the instructions before you begin an application. To apply for this position, you must complete the initial online application, to include submission of the required documentation specified in the Required Documents section. A complete application package must be submitted by 11:59 PM (ET) on the announcement closing date to receive consideration. E-mailed applications and/or resumes will not be accepted. Requests for extensions will not be granted.
All statements made in this application are subject to investigation and any false or dishonest answer to any question may be grounds for disqualification and loss of consideration. If your resume does not support the responses in your application questionnaire, or if you fail to submit required documentation before the vacancy closes, you will be rated 'ineligible' or 'not qualified'.
The application process is as follows:
We will continue to update your status online as changes are made. Applicants who meet the mandatory ECQs and MTQs will be evaluated by a panel of senior executives. If you are selected, reference checks may be completed. DOE's Executive Resources Board will make a final approval of the selection, and in competitive cases, OPM's Qualifications Review Board (QRB) must certify the ECQs before final appointment can occur. If OPM/QRB certification is required, you will be required to prepare your ECQ package for OPM/QRB certification. Verification of performance, suitability and security information from reference checks will be taken into consideration before making final job offer.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/800811700. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
The mission of the Loan Programs Office (LPO) is to finance America's energy infrastructure by:
Offering a bridge to private financing: LPO manages programs that bridge a gap in financing large-scale energy infrastructure projects. Commercial lenders tend to prefer projects that use technologies or reach markets that are established and proven because they have history of operations and can be replicated. Emerging technologies and markets may hold great potential but are frequently bypassed for commercial lending because those technologies and markets may not be as well understood. Projects using innovative technologies, tribal borrowers, and advanced technology vehicle manufacturing facilities may have trouble accessing capital markets because those markets may not be well understood yet by private lenders. There can be little incentive to take the time necessary to understand new technologies and markets. LPO's loan programs were created by Congress to be a bridge for projects that support America's energy infrastructure but cannot easily gain access to private financing until proven at commercial-scale.
