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Senior Risk Officer

Department of Commerce
National Institute of Standards and Technology

Summary

The CHIPS Program Office at the National Institute of Standards and Technology, is seeking a Senior Risk Officer to join the senior leadership of its Risk Team and help execute the overall risk management strategy for the CHIPS Incentives Program. The Senior Risk Officer provides strategic leadership for risk management activities across CPO, including enterprise, financial, operational, regulatory, reputational, and transaction-level risks associated with the CHIPS incentives portfolio.

Overview

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This job will close when we have received 50 applications which may be sooner than the closing date. Learn more
Location
1 vacancy in the following location:
Work site options
Telework eligible
Yes—as determined by the agency policy.
Remote job
No
Relocation expenses reimbursed
No
Salary
$169,279 - $197,200 per year
Pay scale & grade
ZA 5
Promotion potential
5
Pay scale and grade determines the salary of the job.
Work schedule
Full-time
Travel Required
25% or less - You may be expected to travel for this position.
Appointment type
Term - 2 Years
Occupations and job series
Supervisory status
Yes
Federal service type
This job is in the Excepted Service
Represented by a union
No
Drug test
Yes
Security clearance
Sensitive Compartmented Information
Position sensitivity and risk
Special-Sensitive (SS)/High Risk
Jobs require a background check and some require a security clearance. The type depends on the job.
Background check type
Financial disclosure required
Yes
Some jobs require financial disclosure to identify conflicts of interests.
Announcement number
CHIPS-57-2026-0001
Control number
879964300

This job is open to

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Clarification from the agency

Applications will be accepted from all U.S. Citizens.

Duties

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  • Serving as a principal advisor to CHIPS leadership on risk governance, transaction risk assessments, risk analytics, and organizational risk management
  • Collaborating with investment, legal, financial, and program teams to evaluate and manage risk
  • Advising the CHIPS leadership team on emerging risks, risk exposures, and mitigation strategies to support informed investment decisions and achievement of mission priorities
  • Leading the Risk Management Office, a team of risk and compliance analysts dedicated to identifying, assessing, reporting, and monitoring risk at CPO
  • Overseeing a comprehensive enterprise risk management framework and strategy that aligns with CPO implementation goals and objectives
  • Overseeing the identification, assessment, and management of enterprise-wide risks, including financial, operational, regulatory, and reputational risks
  • Leading CHIPS compliance efforts which includes managing the internal controls program
  • Managing communication with CHIPS oversight entities including OIG, GAO, and Congress
  • Collaborating with business units and CPO senior leadership to integrate risk management into the CPO's decision-making process and ensure risks are effectively managed
  • Providing regular briefings to both CPO and Department Leadership to ensure effective risk oversight

Requirements

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Conditions of employment

  • U.S. Citizenship
  • Males born after 12-31-59 must be registered for Selective Service
  • Suitable for Federal employment
  • Ethics pre-clearance
  • You must be able to successfully pass a background investigation. TS/SCI security clearance required following onboarding
  • Completion of Confidential Financial Disclosure, Form OGE-450 or OGE-278 Public Financial Disclosure Report as applicable

Qualifications

Extensive experience in enterprise risk management, investment risk, credit risk, portfolio management, compliance, financial analysis, transaction structuring, corporate finance, investment banking, private equity, consulting, or related fields

Education

No Education Requirement

Additional information

    • This position will be in the excepted service as a non-competitive appointment under the CHIPS Act authority.
    • This position is covered under the APMS pay scale.
    • This position does not confer non-competitive conversion to the competitive service.
    • Acceptance of an excepted service appointment from applicants in the competitive service will require a written statement of understanding when voluntarily leaving the competitive service.
    • A trial period may be required.
    • This position requires the passing of a drug test
    • This position requires the filing of an OGE-450 Confidential Financial Disclosure Report or OGE-278 Public Financial Disclosure Report within 30 days of onboarding and annually thereafter
All applicants will be forwarded to the selecting official for consideration. This public notice is a mechanism to collect applications. You will not receive notification of referral, selection/non-selection. Once a selection has been made, it will be submitted separately from this announcement and then this announcement will be cancelled. Under this CHIPS hiring authority, applicants are not rated and ranked and veteran's preference does not apply.

NIST strives to build a flexible and encouraging work environment to bring out the best in our employees. To help our employees balance responsibilities at home and at work, NIST offers a variety of work-life flexibilities such as:
  • Telework
  • Flexible work schedules
  • Paid parental leave
  • Paid vacation
  • Sick leave
  • Family-friendly leave
  • Child and elder-care resources
  • On-site childcare center
  • Lactation spaces
  • Wellness programs
  • Fitness center
  • Employee assistance programs

Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

We will review your resume, optional cover letter and supporting documents to assess your qualifications for this position.

All applicants will be forwarded to the selecting official for consideration. This public notice is a mechanism to collect applications. You will not receive notification of referral, selection/non-selection. Once a selection has been made, it will be submitted separately from this announcement and then this announcement will be cancelled.

Under this excepted service hiring authority, applicants are not rated and ranked and veteran's preference does not apply.

National Institute of Standards and Technology

Come make history with the CHIPS Program Office! The CHIPS Program Office, located within the National Institute of Standards and Technology is seeking a highly experienced professional to join the senior leadership of its Risk Team. The CHIPS Incentives Program is helping strengthen the United States' economic and national security by supporting investments in domestic semiconductor manufacturing. The Senior Risk Officer will have an opportunity to contribute to this historic mission by helping identify, evaluate, manage, and monitor risks across its incentives portfolio. Serving as a member of an executive leadership team. The Senior Risk Officer provides strategic leadership for risk management activities across the organization. The position brings an enterprise-wide risk perspective to significant program and investment decisions and works closely with the CHIPS Investment Team to evaluate and structure CHIPS grants and loans. The ideal candidate will bring extensive experience in one or more of the following areas: enterprise risk management, investment risk, credit risk, portfolio management, compliance, financial analysis, transaction structuring, corporate finance, investment banking, private equity, consulting, or related fields The position is located in Washington, DC, and may be filled at either the ZA-0340-V level, with an annual salary range of $169,279 to $197,200, or the CHIPS 25 AD-0000-00 level, with an annual salary range of $220,000 to $292,300.

Agency contact information

CHIPS Hiring
Phone
3019752000
Email
hiring@chips.gov
Address
CHIPS Program Office
1401 Constitution Ave
Washington, DC 20230
US

Visit our careers page

Learn more about what it's like to work at National Institute of Standards and Technology, what the agency does, and about the types of careers this agency offers.

http://www.nist.gov/chips

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