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Senior Asset Management Specialist, CG-1101-14

Federal Deposit Insurance Corporation

Washington, DCFull-time$158–258K/yrPosted today

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At a glance

Compensation
$158–258K/yr
Location
Washington, DC
Schedule
Full-time
Work Authorization
US work authorization required

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Job overview

The incumbent will manage and resolve loans and other assets acquired from failed financial institutions, develop and implement asset management policies, analyze portfolio data, prepare resolution strategies, and oversee project deliverables within the FDIC’s Asset Marketing & Management Branch.

Skills & qualifications

RequiredNice to have

Skills

Asset ManagementLoan ModificationClassificationCharge-OffRecoveryData AnalysisFinancial Statement AnalysisNet Present Value CalculationsProject Management

Qualifications

Registration With the Selective ServiceU.S. CitizenshipMinimum Background InvestigationOne Year Specialized Experience Equivalent to CG/GS-13 Grade Level

Full job description

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.

Duties

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

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 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 each position on your resume, include: 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.

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 Financial Analysis Investment Management Advising You may preview questions for this vacancy. Benefits

In addition to the regular benefits offered by Federal agencies, the FDIC offers additional 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. To find out more, click here. Other Information

Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement. 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. To read about your rights and responsibilities as an applicant for Federal employment, click here. 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.

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