Senior Asset Management Specialist, CG-1101-14

Summary This position is located in the Division of Resolutions and Receiverships (DRR), Asset Marketing & Management Branch of the Federal Deposit Insurance Corporation. The incumbent is responsible for the management and resolution of loans and other assets that have been acquired from failed financial institutions or have been included in a Shared Loss Agreement or a Joint Venture Agreement with FDIC. Responsibilities Serves as a technical expert in the development and implementation of asset management policies and procedures, including workout, loan modification, classification, charge-off and recovery policies, procedures, goals and objectives. Serves as an expert in the monitoring of compliance with policies and procedures and the attainment of goals and objectives related to complex asset management activities. Analyzes data related to asset/portfolio management loan servicing/sale agreements and the financial institution industry, recommending or presenting to the supervisor findings that may affect certain Division policies, business initiatives or goals and objectives. Prepares analyses and develops resolution strategies and cases for the disposition of large complex assets, including subsidiaries; this may entail analyzing personal and corporate financial statements, budgets, appraisals, and net present value calculations. Manages projects and administers project deliverables. Requirements Conditions of Employment Registration with the Selective Service. U.S. Citizenship is required. Employment Conditions. Completion of Confidential Financial Disclosure may be required. Minimum Background Investigation (MBI) required. 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. To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-13 grade level or above in the Federal service. Specialized experience is defined as: Experience serving as principal relationship manager at regional or national banks, commercial finance companies, commercial loan servicers, investment management firms, or private equity firms analyzing and underwriting loan level information to support credit decisions or risk assessments involving complex commercial assets of greater than $25 million. 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. Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 “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. Education There is no substitution of education for the experience for this position. Additional Information Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement. 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 27.26% 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. To read about your rights and responsibilities as an applicant for Federal employment, click here.