This position is located in the Division of Complex Institution Supervision and Resolution (CISR), Washington, DC or New York, NY of the Federal Deposit Insurance Corporation and provides support in the areas of efforts to prepare for resolution and to resolve insured depository institutions (IDIs) with total assets over $100 billion and nonbank financial companies whose failure could threaten the stability of the U.S. financial system. The duty location is determined upon selection.
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 12 grade level or above in the Federal service. Specialized experience is defined as experience developing, reviewing and researching data analysis and/or written evaluation of franchise transactions or resolutions for the nation's largest and most complex financial institutions (bank or bank holding company with total assets above $50 billion). CG-14: 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 experience analyzing, developing or implementing franchise transactions or resolutions for the nation's largest and most complex financial institutions (bank or bank holding company with total assets above $50 billion). 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. 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. NOTE: Please indicate how you meet the specialized experience under each applicable position. Do not copy and paste the duties or specialized experience from this announcement into your resume as that will not be considered a demonstration of your qualifications.
At the full performance level, major duties include: Develop and analyze financial institution restructuring, bankruptcy, recapitalization, merger and acquisition, bridge entity and resolution strategies for the largest and most complex financial institutions. Create resolution/recovery strategies that include the description of corporate structures, main business lines, assets, liabilities, and contract obligations; identification of resolution impediments/mitigants, credit exposures, major counterparties, and any cross- border issues; funding; and other information required. Communicate highly-technical information, both orally and in writing, to audiences within and outside the Division, including FDIC officials and private sector executives. Prepare analyses and special studies and evaluate the probable impact of alternative courses of action in large, unusual, or exceptionally difficult problems. Coordinate with other divisions of FDIC to develop and ensure a consistent approach to resolution strategy and supervision activity that are affected by the insolvency of a Large Complex Financial Institution (LCFI) and to the credibility of identified steps to effect an orderly resolution.