The Portfolio Management Division (PMD) is responsible for the proactive monitoring and management of all closed LPO loan guarantees. The Deputy Director, PMD, exercises leadership and possesses a high degree of business acumen for managing an expanding portfolio of loan guarantees and requisite monitoring systems. The role requires well-developed leadership abilities, business acumen, and negotiation skills to lead teams monitoring large, complex federal loans.
Summary
The Portfolio Management Division (PMD) is responsible for the proactive monitoring and management of all closed LPO loan guarantees. The Deputy Director, PMD, exercises leadership and possesses a high degree of business acumen for managing an expanding portfolio of loan guarantees and requisite monitoring systems. The role requires well-developed leadership abilities, business acumen, and negotiation skills to lead teams monitoring large, complex federal loans.
Open to current competitive and excepted service Federal employees.
Open to individuals who have been approved by the Office of Personnel Managment's Qualifications Review Board. This includes current and former career SES executives and individuals who have completed an Agency-approve career development program that culminated with QRB approval.
The Deputy Director, PMD, serves as the Department's chief oversight manager for approved DOE loan guarantees, and directs the organizational activities of the division. The Deputy Director, PMD, exercises management authority over the life cycle of an approved loan subsequent to financial close through the final payment of the guaranteed debt obligation or expiration of the loan guarantee. This oversight responsibility is expected to evolve over several decades as approved projects move from design, engineering, and construction phases into operating phases of the project life cycle.
Establishes PMD processes and oversight requirements for portfolio management and project oversight, including the development of Credit Monitoring Plans (CMPs), which provide the guidance, template, and basis for rating and monitoring the risks of individual projects with approved loans.
Collaborates with other LPO Division Directors on the development of CMPs. Establishes and monitors compliance with CMPs and approves quarterly/semi-annual project credit reports.
Oversees all post-issue asset management activities including periodic reassessment of the risk profiles of projects with approved loan guarantees, processing of requested modifications to loan terms, including, but not limited to, amendments, waivers, and consents as provided for in individual loan guarantee agreements, pre-claim structuring, claim payments, post-claims restructurings, and settlements.
In consultation with the PMD Director and/or LPO Director, serves as chief negotiator for the rescheduling of debt and exercises broad discretionary authority in deciding upon various courses of action that will affect such recovery. Represents DOE's interests in complex negotiations with borrowers, co-creditors, and outside legal, marketing, and financial experts. Establishes loan loss reserves.
Plans and develops claim methods and procedures in consultation with the PMD Director, LPO Director, LPO Chief Operating Officer, LPO General Counsel, LPO Contracting Officer, and other LPO Division Directors as needed.
Takes action (including, but not limited to, extension, forbearance, rescheduling, workouts, litigation, collateral repossession, and other collection actions) as may be necessary to effect maximum recoveries.
Provides input and consultation to the LPO Origination Division prior to loan closure to ensure that the loan credit approval package and financing agreements associated with a project loan guarantee incorporate appropriate conditions precedent and performance monitoring indicators. Participates in business closing/disbursement meetings to assure that adequate information is available from the LPO Origination Division for loan monitoring.
Concurs on formal LPO decision documents, official briefings, presentation materials, and program announcements related to PMD functions. Develops and presents briefings for the Credit Review Board, Risk and Portfolio Monitoring Committee, the Secretary of Energy, and other stakeholders.
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.
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. DRUG TESTING: As a condition of appointment to this position, if you are selected, you will be required to pass a drug test. If you fail to take the test or fail the test, you will no longer be considered for the job. 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.
Qualifications
As a basic requirement for entry into the SES, applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level management capability and directly related to the skills and abilities outlined under Executive Core Qualifications and Mandatory Technical Qualifications listed below.
The application process used to recruit for this position is the RESUME-BASED Method. The applicant must address the Mandatory Technical Qualifications (MTQs) and Executive Core Qualifications (ECQs) in detail within their resume. Resumes must not exceed eight (8) pages.
We recommend that your resume emphasize your level of responsibilities, the complexity of the position, situation, or programs you've managed, and scope and breadth of the results or outcomes of your actions. You will be evaluated to determine if you meet the minimum qualifications required for the position and on the extent your application demonstrates that you possess the knowledge, skills, and abilities required.
EXECUTIVE CORE QUALIFICATIONS: The five ECQs described below were designed to assess executive-level experiences and potential not technical expertise. They measure whether you have the broad executive skills needed to succeed in a variety of SES positions.
1:Leading Change: Ability to bring about strategic change, both within and outside the organization, to meet organizational goals and establish an organizational vision and to implement it in a continuously changing environment. 2:Leading People: Ability to lead people toward meeting the organization's vision, mission, and goals and provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. 3:Results Driven: Ability to meet organizational goals and customer expectations and make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. 4:Business Acumen: Ability to manage human, financial, and information resources strategically. 5:Building Coalitions: 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.
IN ADDITION TO THE ECQs, YOU WILL BE EVALUATED ON ALL OF THE FOLLOWING MANDATORY TECHNICAL QUALIFICATIONS: Your responses to the MTQs should be embedded/addressed in detail within your resume, not to exceed eight (8) pages.
MTQ 1: In-depth knowledge and experience with diverse finance structures, including project finance (full and non-recourse financing), corporate finance, and asset-back securitization, and applicable credit risk for large-scale or commercial infrastructure project loans greater than $500 million and leading a loan monitoring program of similar sized loans, including the establishment and implementation of organizational units, systems and processes required for comprehensive loan portfolio management and oversight of loans of this magnitude.
MTQ 2: Proven track record of experience preparing and adhering to credit monitoring plans, including the establishment and implementation of performance measures, credit risk ratings, loan repayment schedules and debt recovery processes as needed for managing loans, including, as needed, compliance with federal or state regulatory guidelines, such as OMB circular A-129: Policies for Federal Credit Programs and Non-Tax Receivables, Managing Federal Receivables, Federal Credit Reform Act, Davis-Bacon Act, Federal Claims Collection Standards and Debt Collection Improvement Act.
MTQ 3: In-depth management experience recruiting, developing and maintaining a well-qualified asset management team to perform portfolio management functions for financing transactions and large-scale or commercial infrastructure project loans; including the establishment of professional performance goals to assure appropriate training and certifications are available to associated staff.
Education
There are no educational requirements for this position.
Additional information
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 including 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.
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.
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.
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.
It is important you include and address all ECQs, MTQs, and accomplishments in your resume and optional cover letter. A sample 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:
1. ALL APPLICANTS - Eight-page ECQ & MTQ-based Resume including the following:
Full name, mailing and email addresses, day & evening telephone numbers
Education information including:
Name, city, state of colleges/universities attended, major & type of degree received.
Report only schools accredited by the accrediting institutions recognized by the U.S. Department of Education
All work experience (paid and unpaid) including:
Job title, duties/accomplishments, employer's name/address, start/end dates (include month, day, and year), average hours per week worked
Honors, awards, special accomplishments
Tips for preparing SES applications. We recommend that your resume emphasize your level of responsibilities, the scope and complexity of the programs managed, and your program accomplishments, including the results of your actions.
2. Current or former career SES members must provide a SES appointment SF-50 (Notification of Personnel Action), and an SF-50 showing current career SES status or career SES reinstatement eligibility.
3. Applicants who have successfully completed an OPM-approved SES Candidate Development Program must submit a copy of their certification.
4. Current or former Federal Civilian employees, must submit a copy of your most recent SF-50 (non-award) documenting the following: 1) Full position title; 2) appointment type; 3) occupational series; 4) pay plan, grade, and step; 5) tenure code; 6) service computation date (SCD).
5. Optional - cover letter (one page maximum).
NOTE:
All documents must be uploaded into the system; USAJobs Resume Builder resumes will not be accepted.
Separate documents addressing the ECQs or MTQs will not be considered.
Pages submitted in excess of the limits described above will not be considered.
Do not use borders, provide photos or list a Social Security Number or date of birth on any attachment.
If you are selected for this position, you may be asked to provide additional documentation to verify your responses.
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.
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'.
To begin the application process in USAJOBS, click the Apply Online button.
Answer the questions presented in the application and attach all required and supporting documentation.
You must click the Submit Application button prior to 11:59 pm (ET) on the announcement closing date.
You may update your application, including supporting documentation, at any time during the announcement open period by returning to your USAJOBS account, select Update Application: https://my.usajobs.gov/Account/Login. This option will no longer be available once the announcement has closed.
To verify the status of your application, during and after the announcement open period, log into your USAJOBS account; applications will appear on the Welcome screen. The Application Status will appear along with the date your application was last updated. For information on what each application status means, visit: https://www.usajobs.gov/Help/how-to/application/status/.
If you need help with login.gov or USAJOBS (e.g., account access, Resume Builder) visit the USAJOBS Help Center: https://www.usajobs.gov/Help/
If you experience difficulty applying on USAJOBS, after clicking the Apply Online button, or you are experiencing a significant hardship hindering your ability to apply online, the Agency Contact listed in the announcement can assist you during normal business hours. If you receive any system error messages, take screenshots if possible, to aid technical support.
Loan Programs Office
Department of Energy
Human Capital Shared Service Center
1000 Independence Ave, SW
Washington, DC 20585
US
Next steps
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.
It is important you include and address all ECQs, MTQs, and accomplishments in your resume and optional cover letter. A sample 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:
1. ALL APPLICANTS - Eight-page ECQ & MTQ-based Resume including the following:
Full name, mailing and email addresses, day & evening telephone numbers
Education information including:
Name, city, state of colleges/universities attended, major & type of degree received.
Report only schools accredited by the accrediting institutions recognized by the U.S. Department of Education
All work experience (paid and unpaid) including:
Job title, duties/accomplishments, employer's name/address, start/end dates (include month, day, and year), average hours per week worked
Honors, awards, special accomplishments
Tips for preparing SES applications. We recommend that your resume emphasize your level of responsibilities, the scope and complexity of the programs managed, and your program accomplishments, including the results of your actions.
2. Current or former career SES members must provide a SES appointment SF-50 (Notification of Personnel Action), and an SF-50 showing current career SES status or career SES reinstatement eligibility.
3. Applicants who have successfully completed an OPM-approved SES Candidate Development Program must submit a copy of their certification.
4. Current or former Federal Civilian employees, must submit a copy of your most recent SF-50 (non-award) documenting the following: 1) Full position title; 2) appointment type; 3) occupational series; 4) pay plan, grade, and step; 5) tenure code; 6) service computation date (SCD).
5. Optional - cover letter (one page maximum).
NOTE:
All documents must be uploaded into the system; USAJobs Resume Builder resumes will not be accepted.
Separate documents addressing the ECQs or MTQs will not be considered.
Pages submitted in excess of the limits described above will not be considered.
Do not use borders, provide photos or list a Social Security Number or date of birth on any attachment.
If you are selected for this position, you may be asked to provide additional documentation to verify your responses.
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.
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'.
To begin the application process in USAJOBS, click the Apply Online button.
Answer the questions presented in the application and attach all required and supporting documentation.
You must click the Submit Application button prior to 11:59 pm (ET) on the announcement closing date.
You may update your application, including supporting documentation, at any time during the announcement open period by returning to your USAJOBS account, select Update Application: https://my.usajobs.gov/Account/Login. This option will no longer be available once the announcement has closed.
To verify the status of your application, during and after the announcement open period, log into your USAJOBS account; applications will appear on the Welcome screen. The Application Status will appear along with the date your application was last updated. For information on what each application status means, visit: https://www.usajobs.gov/Help/how-to/application/status/.
If you need help with login.gov or USAJOBS (e.g., account access, Resume Builder) visit the USAJOBS Help Center: https://www.usajobs.gov/Help/
If you experience difficulty applying on USAJOBS, after clicking the Apply Online button, or you are experiencing a significant hardship hindering your ability to apply online, the Agency Contact listed in the announcement can assist you during normal business hours. If you receive any system error messages, take screenshots if possible, to aid technical support.
Loan Programs Office
Department of Energy
Human Capital Shared Service Center
1000 Independence Ave, SW
Washington, DC 20585
US
Next steps
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.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.