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CFI Resolution Specialist, CG-1101-14
2 months ago
Oversees CFI profiles, including those designated as large complex financial institutions (LCFIs) that will be used for the planning and execution of receiverships under Title II of the Dodd Frank Wall Street Reform and Consumer Protection Act (DFA) and insured depository institution (IDI) resolution authorities. Prepares and submits confidential reports and, as circumstances dictate, coordination of joint or concurrent compliance review activities with other resolution specialist counterparts. Develops procedures related to the resolution of LCFIs, including development and review of operational plans related to DFA Title II and IDI resolution authorities to ensure relevant and appropriate strategies and plans to resolve specific LCFIs or IDIs. Acts as the principal technical expert in the area of deposit insurance and non-depositor claims and oversees the timely payment of claims in accordance to the applicable laws and regulations. Acts as the Corporation subject matter expert and communicates highly technical information, both orally and in writing, to audiences within and outside of CISR, including FDIC officials or private sector executives, other managers and to significant congressional staff and committees. Prepares materials and provides support in cooperation with the Legal Division for Corporate legislative efforts and internal initiatives relating to Title I and Title II.
Requirements
Conditions of Employment
Registration with the Selective Service.
U.S. Citizenship is required.
Employment Conditions .
Completion of 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 13 grade level or above in the Federal service.
Specialized Experience is defined as experience developing and implementing procedures, oversight or execution of the resolution of complex claims such as term debt, revolving debt, unsecured, general unsecured and residual across creditor classes, some with inter-creditor agreements, in: a) corporate bankruptcy, restructuring or reorganization (>$10b in assets); OR b) banking or financial company receiverships or conservatorships (>$50b in assets); OR c) creditor trusts with at least $1b in distributable value.
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 .
Education
There is no substitution of education for the experience for this position.
Additional information
Selectee(s) for this position will be required to report to their duty station office two days per week.
To 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.
The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 26.91% 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.
Salary reflects a pay cap of $252,500 for this position.
The closing date of this announcement has been extended and will now close on September 9, 2024.
