Senior CFI Resolution Specialist (Operational Continuity), CG-1101-15
About This Position
This position is located in the Division of Complex Institution Supervision and Resolution (CISR), of the Federal Deposit Insurance Corporation and is responsible for preparing and resolving 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.
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-15: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the 14 grade level or above in the Federal service.
Specialized experience is defined as experience applicable to financial institutions in: 1) evaluating, developing, or implementing strategies or mitigants in two of the following: resolution plan analyses, resolution simulations, scenario analyses, firm-specific resolvability assessments, cross-firm horizontal resolvability analyses, operational risk/challenge analyses, communication challenge analyses, OR human resource challenge analyses; OR 2) examination activities that analyze operational, resolvability, resolution, communication, OR human resource risks/challenges. 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: Employer Name Job Title Salary (series and grade, if applicable) Start and end dates (including the month and year) Hours 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.
Major Duties
At the full performance level, major duties include: Manage or assist as subject matter expert in assigned high-Level projects, including those which are policy related, or related to financial institution closures. Coordinate with other divisions of FDIC to develop and ensure a consistent approach to resolution strategy, and supervision activity affected by the insolvency of a large complex financial institution (LCFI) and the credibility of identified steps to effect and orderly resolution. Develop and analyze financial institution restructuring, bankruptcy, recapitalization, mergers and acquisitions, bridge entities and resolution strategies for the largest and most complex financial institutions.
Develop resolution/recovery strategies including the description of corporate structures, main business lines, assets, liabilities, and contract obligations; identification of resolution impediments/mitigants; credit exposures; major counterparties; cross-border issues; funding; and other information required. Plan, coordinate, and support the maintenance of key services, including: human resource transition/staff retention, shared and outsourced services, continuity of access to FMUs/FMIs, critical services, and continued licensing and authorization. Prepare advanced analyses and special studies and evaluate the probable impact of alternative courses of action in large, unusual, or exceptionally difficult problems.
Prepare horizontal analyses (across LCFIs) and vertical analyses (within the individual LCFI).
Conditions of Employment
Minimum Background Investigation (MBI) required Registration with the Selective Service. U.S. Citizenship is required. Employment Conditions. Completion of Confidential Financial Disclosure may be required.
Education
There is no substitution of education for the experience for this position.
How You Will Be Evaluated
Your resume and supporting documentation will be reviewed to ensure you meet the minimum qualifications/eligibility requirements. If you meet the minimum qualifications/eligibility, your experience, education, and training will be rated using accomplishment statements based on the competencies needed to perform the duties of the position. Occupational Experts (OEs) will review your resume to determine your technical qualifications for this position based on the required competencies.
OEs will review ONLY the first two (2) pages of your resume and written responses to the accomplishment statements. OEs will not review additional information beyond your resume (e.g., cover letter, links embedded in your resume). The assessment includes a cut-off score based on the minimum level of required proficiency for the identified competencies.
You must meet or exceed the cut-off score to receive consideration.
You will not receive consideration for the position if you score below the cut-off score or fail to complete the assessments. Overstating your qualifications and/or experience in your application materials may result in your removal from consideration.
You will be assessed using the following competencies: Critical Thinking Planning and organizing Written Communication Resolution Analytical Skill Oral/Non-Written Communication Financial Regulations 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. Within these categories, candidates eligible for veterans' preference will receive selection priority over non-veterans.
The assessment includes a cut-off score based on the minimum level of required proficiency in these competencies.
You must meet or exceed the cut-off score to be considered; however, CP/CPS veterans who achieve at least a 70 are eligible to move forward to the next assessment even if they do not meet the BQ cut score.
You will not be considered for the position if you score below the cut-off score or fail to complete the assessment.
You may preview questions for this vacancy.
Additional Information
Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement. TELEWORK OPTIONS ARE SUBJECT TO CHANGE. For more information on telework at the FDIC, please reference the available telework options for this position here.
To read about your rights and responsibilities as an applicant for Federal employment, click here. Salary reflects a pay cap for this position of $257,500. If selected, you may be required to serve a probationary or trial period as applicable to appointment type.
During the probationary or trial period, you will be evaluated for fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider: your performance and conduct; the needs and interests of the agency; whether your continued employment would advance organizational goals of the agency or the Government; and whether your continued employment would advance the efficiency of the Federal service. Upon completion of your probationary or trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.
The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 33.94% 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.
How to Apply
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. To apply for this position, you MUST provide a complete application package which includes: Your two (2) page resume showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date). 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 Application Information” 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.
Required Documents
Your two (2) page resume showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of each employer; start and end dates (month/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date). VETERANS' PREFERENCE: If you are claiming veterans' preference, click here. (Note: Veterans must submit the Member 4 copy of the DD 214, Certificate of Release or Discharge from Active Duty – or other copy showing the type of discharge/character of service [e.g., Honorable, Under Honorable Conditions, etc.] along with any other required documents (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans' preference eligibility.) INTERAGENCY CAREER TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a displaced or surplus Federal employee eligible for consideration under the ICTAP, you must submit proof of eligibility. For more information, click here.