Associate Director, Financial Risk Management, EM-0301-00

SummaryThis position is located in the Division of Insurance and Research, Deposit Insurance and Risk Analysis, Financial Risk Management Branch of the Federal Deposit Insurance Corporation. Salary reflects a pay cap for this position of $300,000. DutiesHelp• As Associate Director, the incumbent is responsible for the supervision and the direction of a highly trained, multi-disciplinary staff of economists, financial analysts, policy analysts, accountants, research assistants, and other professionals.• Responsible for monitoring factors that affect the Designated Reserve Ratio (DRR), analyzing and managing risks to the Deposit Insurance Fund, and ensuring that the FDIC meets statutory and regulatory requirements and complies with Board directives to maintain an adequately funded Deposit Insurance Fund and related contingent loss reserves. • Responsible for evaluating, refining, and operating the FDIC's risk related premium system and for recommending changes to the FDIC's risk-based pricing regulations to the Board.• Responsible for related models that identify and project potential bank failures and changes in the risk-based pricing profiles of insured institutions to help determine if deposit insurance assessments are commensurate to the risks that the industry poses to the deposit insurance fund. • Directs and participates in the activities of the Financial Risk Committee (FRC), an inter-divisional group responsible for quantifying existing and potential risks to the deposit insurance fund. • Works closely with counterparts in other FDIC divisions, such as legal, to research and examine existing laws and authorities when considering the implementation of policy initiatives in the form of potential changes to rules and regulations for risk-based pricing and the deposit insurance fund.• Responsible for analysis and research on banking and regulatory policy issues to advise senior FDIC management and Board members on policy alternatives related to the FDIC's rules for risk-based pricing, deposit insurance fund analysis, and supervision. • Responsible for the delivery of analysis, presentations, and research to be used in congressional testimony and speeches to be delivered by the Chairman, Vice Chairman, and other senior officials. • Establishes and maintains continuing liaison with counterparts in other FDIC divisions, officials of other regulatory agencies, and representatives of various financial institutions and private industry.• Exercises supervisory personnel management authority and performs the full range of performance management duties to include: planning, assigning, and reviewing work products of subordinate supervisors and section accomplishments; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback to others on their performance. Identifies training and developmental needs for subordinate supervisors and provides regular recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action.Hears and resolves grievances or other disputes as appropriate. Approves/disapproves requests for leave, telework, travel, training, etc. RequirementsHelpConditions of employmentEmployment Conditions. Employee may be relocated to any duty location to meet management needs. High Risk Position - Background Investigation (BI) required. QualificationsTo meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through progressively responsible management or executive-level assignments.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.MINIMUM QUALIFICATIONS: All applicants must submit a resume that addresses each minimum qualification experience. Examples should be clear, concise, and emphasize your level of responsibilities; the scope and complexity of the programs, activities, or services you managed; program accomplishments; policy initiatives undertook; level of contacts; the sensitivity and criticality of the issues you addressed; and the results of your actions. You should use action-oriented leadership words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments (e.g., number of employees supervised).Leadership Experience 1: Experience in overseeing and coordinating the work of organizational units directly and indirectly through subordinate supervisors, including assigning work; directing changes to programs and priorities; and evaluating performance against goals; ANDLeadership Experience 2: Experience in managing employee performance and growth directly and indirectly through subordinate supervisors, including evaluating employee readiness for successive roles; recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues; ANDLeadership Experience 3: Experience in overseeing implementation of and improvements to recruiting, hiring, training, utilization, and succession readiness of staff.TechnicalExperience: Experience in planning, directing, coordinating and evaluating all activities of a Division associated with quantifying risks to the deposit insurance fund, factors that can affect the reserve ratio, establishment of a recommended Designated Reserve Ratio, and policy issues related to deposit insurance. EducationThere is no substitution of education for the experience for this position. Additional informationTo read about your rights and responsibilities as an applicant for Federal employment, click here.If selected, you may be required to serve a probationary period. If selected, you may be required to serve a supervisory/managerial probationary period. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement. The five-day notification process does not apply to corporate and executive manager positions. Failure to provide your application documentation (i.e. up-to-date resume) in support of your qualifications for this position by the closing date will limit your ability to receive maximum consideration.Take a moment to ensure that your resume and assessment questionnaire responses reflect the qualifications and eligibility requirements of this position by the closing date. Expand Hide additional informationCandidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution. BenefitsHelpA career with the U.S. government provides employees with a comprehensive benefits package.As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits. The FDIC offers comprehensive 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. In addition, under FDIC's Group Life Insurance Program, basic life insurance coverage for Executive Managers is automatically equal to 3 times their salary (rounded to the next higher thousand) up to a maximum of $800,000.Executives may also choose from two other lower coverage options. The Corporation pays for the cost of the basic coverage unless employees also elect to be covered under the Federal Employees Group Life Insurance Program (FEGLI). To find out more, click here. Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered. Apply tot his job