This position is located in the Division of Insurance and Research, Deposit Insurance and Risk Analysis, Financial Risk Management Branch of the Federal Deposit Insurance Corporation.
Salary reflects a pay cap for this position of $300,000.
Summary
This position is located in the Division of Insurance and Research, Deposit Insurance and Risk Analysis, Financial Risk Management Branch of the Federal Deposit Insurance Corporation.
Salary reflects a pay cap for this position of $300,000.
As Associate Director, the incumbent is responsible for the supervision and the direction of a highly trained, multi-disciplinary staff of economists, financial analysts, policy analysts, accountants, research assistants, and other professionals.
Responsible for monitoring factors that affect the Designated Reserve Ratio (DRR), analyzing and managing risks to the Deposit Insurance Fund, and ensuring that the FDIC meets statutory and regulatory requirements and complies with Board directives to maintain an adequately funded Deposit Insurance Fund and related contingent loss reserves.
Responsible for evaluating, refining, and operating the FDIC's risk related premium system and for recommending changes to the FDIC's risk-based pricing regulations to the Board.
Responsible for related models that identify and project potential bank failures and changes in the risk-based pricing profiles of insured institutions to help determine if deposit insurance assessments are commensurate to the risks that the industry poses to the deposit insurance fund.
Directs and participates in the activities of the Financial Risk Committee (FRC), an inter-divisional group responsible for quantifying existing and potential risks to the deposit insurance fund.
Works closely with counterparts in other FDIC divisions, such as legal, to research and examine existing laws and authorities when considering the implementation of policy initiatives in the form of potential changes to rules and regulations for risk-based pricing and the deposit insurance fund.
Responsible for analysis and research on banking and regulatory policy issues to advise senior FDIC management and Board members on policy alternatives related to the FDIC's rules for risk-based pricing, deposit insurance fund analysis, and supervision.
Responsible for the delivery of analysis, presentations, and research to be used in congressional testimony and speeches to be delivered by the Chairman, Vice Chairman, and other senior officials.
Establishes and maintains continuing liaison with counterparts in other FDIC divisions, officials of other regulatory agencies, and representatives of various financial institutions and private industry.
Exercises supervisory personnel management authority and performs the full range of performance management duties to include: planning, assigning, and reviewing work products of subordinate supervisors and section accomplishments; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback to others on their performance. Identifies training and developmental needs for subordinate supervisors 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.
Employee may be relocated to any duty location to meet management needs.
High Risk Position – Background Investigation (BI) required.
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, 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.
MINIMUM QUALIFICATIONS: All applicants must submit a resume that addresses each minimum qualification experience. Examples should be clear, concise, and emphasize your level of responsibilities; the scope and complexity of the programs, activities, or services you managed; program accomplishments; policy initiatives undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented leadership words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments (e.g., number of employees supervised).
Leadership Experience 1: 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 2: 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 3: Experience in overseeing implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff.
Technical Experience: Experience in planning, directing, coordinating and evaluating all activities of a Division associated with quantifying risks to the deposit insurance fund, factors that can affect the reserve ratio, establishment of a recommended Designated Reserve Ratio, and policy issues related to deposit insurance.
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.
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.
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.
Your resume 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.
If you are found minimally qualified, a Management Screening Panel (MSP) will review your qualifications and experience against pre-established benchmarks. The rating panel will place applications in one or two categories, Pass or Fail. 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.
Top ranked (Pass) candidates will be referred to the selecting official for further review and consideration.
The competencies/KSAs you will be assessed on are listed below:
Direction Setting
Managing Risk
Advising
External Awareness
HR Management
Organizational Awareness
Interpersonal Relationships
Critical Thinking
Planning and Organizing
Oral/Non-Written Communication
Knowledge of deposit insurance issues; the structure of the financial services industry; a broad understanding of the relationship between the U.S. banking system and international, national and regional economic conditions.
Skill in applying accounting, finance, economic, and statistical principles and practices.
Skill in evaluating the financial conditions, operational behavior and performance of the banking industry and individual financial institutions.
Knowledge of the laws, rules, regulations, and policies relevant to the processes FDIC employs to determine the adequacy of the deposit insurance fund and contingent loss reserve, deposit insurance assessments paid by banks, and Designated Reserve Ratio requirements; and, knowledge of FDIC's financial statements in these same areas.
You do not need to respond separately to these competencies/KSAs. Your 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 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.
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 ApplicationInformation” 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 Branch, Executive Services Staff
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 Fair Chance Act prohibits inquiries concerning an applicant's criminal history information unless the hiring agency has made a conditional (tentative) offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Federal Deposit Insurance Corporation’s Human Resources Staffing Policy and Accountability team at FairChanceAct@fdic.gov
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.
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 ApplicationInformation” 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 Branch, Executive Services Staff
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 Fair Chance Act prohibits inquiries concerning an applicant's criminal history information unless the hiring agency has made a conditional (tentative) offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Federal Deposit Insurance Corporation’s Human Resources Staffing Policy and Accountability team at FairChanceAct@fdic.gov
