This position is located in the Division of Resolutions and Receiverships, Asset Marketing and Management of the Federal Deposit Insurance Corporation and provides support in the area of joint venture agreements. Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement.
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. To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the 13 grade level or above in the Federal service. Specialized experience is defined as (1) monitoring joint venture agreements that govern the management of the acquired assets or analyzing Managing Member business decisions to maximize collections and minimize losses; and (2) recommending policies or process improvements to the legal agreements or compliance monitoring program that governs joint venture agreements. Applicants must have met the qualification requirements (including selective placement factors – if any) for this position within 30 calendar days of the closing date of this announcement. For qualification determinations, your resume must contain the following for each work experience listed: Organization/Agency's Name Title Salary (series and grade, if applicable) Start and end dates (including the month and year) Number of hours you worked per week Relevant experience that supports your response to the specialized experience that is stated in the job announcement If your resume does not contain this information, your application may be marked as incomplete, and you may not receive consideration for this position.
Monitors and analyzes the performance entities with joint venture agreements that govern acquired assets from failed financial institutions including loans, securities, real and personal property, and subsidiaries. Provides reviews and recommendations on acceptance of LLC compliance review deliverables, global deliverables, invoiced hours, contractor security, systems access, and qualifications as well as other CMC expertise. Plans and participates in or facilitates meetings with FDIC officials, attorneys, accountants, and contractors, Acquiring Institution (AI)/MM representatives, DRR Internal Review, GAO, OIG and/or other federal and state regulatory agency officials for assigned agreements. Analyzes and reviews counter party and joint venture partner consent requests, waivers and agreement amendments. Reviews and monitors submission of periodic reporting from Managing Members (MM) including monthly reports, semi-annual cash flow forecasts, asset business plans and other agreement deliverables.