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CFI Specialist, CG-1160-13/14

Federal Deposit Insurance Corporation
This job announcement has closed

Summary

These positions are located in the Division of Complex Institution Supervision and Resolution (CISR) of the Federal Deposit Insurance Corporation, and plan, manage, and successfully provide recommendations of major significance related to identifying sources of existing and emerging aggregate risks to the Deposit Insurance Fund and the FDIC's role as potential receiver, directly impacting Corporate-wide programs, policies and procedures.

Overview

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Reviewing applications
Open & closing dates
12/03/2024 to 12/23/2024
Salary
$118,492 to - $252,500 per year
Pay scale & grade
CG 13 - 14
Locations
11 vacancies in the following locations:
Birmingham, AL
1 vacancy
Boston, MA
2 vacancies
Minneapolis, MN
1 vacancy
New York, NY
3 vacancies
Remote job
No
Telework eligible
Yes—TELEWORK OPTIONS ARE SUBJECT TO CHANGE.
Travel Required
25% or less - Occasional travel may be required.
Relocation expenses reimbursed
Yes—Relocation benefits may be provided in accordance with FDIC policy.
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
14
Job family (Series)
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
Moderate Risk (MR)
Trust determination process
Financial disclosure
Yes
Bargaining unit status
Yes
Announcement number
2024-CISR-DB892
Control number
821725800

This job is open to

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Clarification from the agency

All United States Citizens. Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2024-CISR-B892. 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.

Duties

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At the full performance level, major duties include:

- Monitors and analyzes risk assessments related to complex financial institutions (CFIs), which include insured banks, bank holding companies, and other systemically important nonbank financial institutions with national or international operations. Monitoring and risk evaluation is designed to minimize the risk to the FDIC’s Deposit Insurance Fund for insured banks, and to minimize the risk of orderly liquidation processes and the funding mechanisms for nonbank companies.

- Performs complex financial analyses, including continuous onsite monitoring of the rate and circumstances in which the financial condition of an institution could deteriorate and accuracy of remediation triggers relative to activation of the resolution plans and backup supervisory work related to complex insured depository institutions.

- Ensures the quality and soundness of large insured depository institution CAMELS ratings and supporting documentation as well as supervisory risk and resolution activities plans (SRR).

- Researches and composes written comments summarizing the complex findings of targeted examination reviews and recommendations for corrective action when warranted.

- Stays abreast of current developments in the economy, the financial sector, and the banking industry to improve effectiveness in supporting recommended supervisory strategies.

Requirements

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Conditions of employment

U.S. Citizenship is required.  

Registration with the Selective Service.

Employment Conditions.

Completion of Financial Disclosure may be required.

Minimum Background Investigation (MBI) required.

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.

CG-13:  To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the grade 12 level or above in the Federal service.  Specialized experience is defined as experience contributing to or assisting in the analysis of financial risks and controls, the development of written reports, and the communication of findings and recommendations for financial institutions, bank holding companies, or other systemically important non-bank financial institutions. Experience must include work experience in two or more of following areas: earnings/condition analysis, solvency analysis, balance sheet management, financial controls assessments, deposit insurance pricing, resolution planning, or stress testing.

CG-14:  To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the grade 13 level or above in the Federal service.  Specialized experience is defined as experience leading in the analysis of financial risks and controls, the development of written reports, and the communication of findings for financial institutions, bank holding companies, or other systemically important non-bank financial institutions. Experience must include work experience in two or more of following areas: earnings/condition analysis, solvency analysis, balance sheet management, financial controls assessments, deposit insurance pricing, resolution planning, or stress testing.

 
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

This position requires regular on-site presence at the banks in accordance with corporate and CISR policy.

A writing assessment may be required at the time of interview.

You may select up to three locations as advertised in this vacancy announcement. You will be referred to the selecting official based on the locations selected, if among the best qualified. 

Selectee(s) for this position will be required to report to their duty station office two days per week.

If selected, you may be required to serve a probationary period.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 20.78% to a high of 40.07%. 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.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

To read about your rights and responsibilities as an applicant for Federal employment, click here.

The closing date of this announcement has been extended and will now close on December 23, 2024. 

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 banking, financial risk measurement and management, and internal controls used by complex financial institutions; areas include risks related to management of credit, market, liquidity, earnings, capital markets, compliance, operational, and overall solvency.
  2. Knowledge of rules, regulations, programs, policies and procedures related to financial institution supervision, examination, and risk monitoring and analysis.
  3. Knowledge of deposit insurance pricing and resolution strategies.
  4. Knowledge of financial institution analysis, risk management processes, audit procedures, examination programs, and supervisory methods as applied to large financial institutions.
  5. Skill in developing sound and authoritative recommendations related to emerging and complex risk issues faced by large financial institutions.
  6. Skill in evaluating financial risk-related recommendations made by colleagues.
  7. Knowledge of economics, finance, statistics, and financial analysis used to assess risks faced by financial institutions.

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. 


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