Deputy Director Portfolio Management Division

Duties

The Deputy Director, PMD, serves as the Department's chief oversight manager for approved DOE loan guarantees, and directs the organizational activities of the division.

The Deputy Director, PMD, exercises management authority over the life cycle of an approved loan subsequent to financial close through the final payment of the guaranteed debt obligation or expiration of the loan guarantee.

This oversight responsibility is expected to evolve over several decades as approved projects move from design, engineering, and construction phases into operating phases of the project life cycle.

Establishes PMD processes and oversight requirements for portfolio management and project oversight, including the development of Credit Monitoring Plans (CMPs), which provide the guidance, template, and basis for rating and monitoring the risks of individual projects with approved loans.

Collaborates with other LPO Division Directors on the development of CMPs. Establishes and monitors compliance with CMPs and approves quarterly/semi-annual project credit reports.

Oversees all post-issue asset management activities including periodic reassessment of the risk profiles of projects with approved loan guarantees, processing of requested modifications to loan terms, including, but not limited to, amendments, waivers, and consents as provided for in individual loan guarantee agreements, pre-claim structuring, claim payments, post-claims restructurings, and settlements.

In consultation with the PMD Director and/or LPO Director, serves as chief negotiator for the rescheduling of debt and exercises broad discretionary authority in deciding upon various courses of action that will affect such recovery.

Represents DOE's interests in complex negotiations with borrowers, co-creditors, and outside legal, marketing, and financial experts. Establishes loan loss reserves.

Plans and develops claim methods and procedures in consultation with the PMD Director, LPO Director, LPO Chief Operating Officer, LPO General Counsel, LPO Contracting Officer, and other LPO Division Directors as needed.

Takes action (including, but not limited to, extension, forbearance, rescheduling, workouts, litigation, collateral repossession, and other collection actions) as may be necessary to effect maximum recoveries.

Provides input and consultation to the LPO Origination Division prior to loan closure to ensure that the loan credit approval package and financing agreements associated with a project loan guarantee incorporate appropriate conditions precedent and performance monitoring indicators.

Participates in business closing/disbursement meetings to assure that adequate information is available from the LPO Origination Division for loan monitoring.

Concurs on formal LPO decision documents, official briefings, presentation materials, and program announcements related to PMD functions.

Develops and presents briefings for the Credit Review Board, Risk and Portfolio Monitoring Committee, the Secretary of Energy, and other stakeholders.

The incumbent has the responsibility for promoting Diversity and Equal Employment Opportunity (EEO) and for ensuring full implementation of the Diversity, EEO and Affirmative Employment Program Plan.

Provides management direction and input to affirmative action goals and objectives; ensures that personnel management within the organizational entity under supervision is accomplished without regard to race, color, religion, sex, age, disability, or national origin.

The incumbent is responsible for managing workforce diversity and instilling a sense of community throughout the organization to create a work environment in which all staff members are fully supported.

Requirements

Conditions of Employment

• PRE-
  
  

HIRING REQUIREMENTS:
This is a permanent position in the SES.

Unless you are already a member of the SES with career status or are a graduate of an Office of Personnel Management (OPM) certified SES Candidate Development Program, your executive qualifications must be approved by OPM before you can be hired.

If you are selected, you will be required to prepare your executive core qualification (ECQ) narrative for OPM submission.

CITIZENSHIP:
You must be a U.S. Citizen or National.

BACKGROUND INVESTIGATION:
You must pass a background investigation.

PUBLIC FINANCIAL DISCLOSURE REPORT (OGE 278): If you are selected for this position, you will be required to file this report prior to entry on duty in accordance with the Ethics of Government Act of 1978.

DRUG TESTING:

As a condition of appointment to this position, if you are selected, you will be required to pass a drug test.

If you fail to take the test or fail the test, you will no longer be considered for the job.

PROBATIONARY PERIOD:
You must complete a one-year SES probationary period.

SELECTIVE SERVICE:
If you are a male born after December 31,1959, you must be registered with the Selective Service registration. To learn more about this law, visit the Selective Service web page, Who Must Register .

MOBILITY:
A mobility agreement may be required based on mission needs.
E-

VERIFY:
New employees will be required to pass the employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit .

Qualifications

Your resume must describe your executive core qualifications (ECQs) and experience, technical qualifications and give a synopsis of your accomplishments.

Do not include a separate ECQ narrative. Additionally, Mandatory Technical Qualifications (MTQs) listed later in this section below must be addressed in a separate document.

EXECUTIVE CORE QUALIFICATIONS:
The five ECQs described below were designed to assess executive-level experiences and potential not technical expertise. They measure whether you have the broad executive skills needed to succeed in a variety of SES positions.

1: Leading Change : Ability to bring about strategic change, both within and outside the organization, to meet organizational goals and establish an organizational vision and to implement it in a continuously changing environment.

2:
Leading People : Ability to lead people toward meeting the organization's vision, mission, and goals and provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts.

3:
Results Driven : Ability to meet organizational goals and customer expectations and make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.

4:
Business Acumen : Ability to manage human, financial, and information resources strategically.

5:

Building Coalitions : Ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.

MANDATORY TECHNICAL QUALIFICATIONS (MTQs): As part of your application package, a separate document must be uploaded addressing each MTQ listed below.

No more than one page per MTQ is allowed; additional information will not be considered. MTQs must provide specific examples that address relevant experience and accomplishments. Your leadership and management skills must be addressed in the MTQs listed below.

Failure to submit a document addressing each MTQ will result in your application to be deemed incomplete and not be considered.

MTQ 1:

In-depth knowledge and experience with diverse finance structures, including project finance (full and non-recourse financing), corporate finance, and asset-back securitization, and applicable credit risk for large-scale or commercial infrastructure project loans greater than $500 million and leading a loan monitoring program of similar sized loans, including the establishment and implementation of organizational units, systems and processes required for comprehensive loan portfolio management and oversight of loans of this magnitude.

MTQ
2:

Proven track record of experience preparing and adhering to credit monitoring plans, including the establishment and implementation of performance measures, credit risk ratings, loan repayment schedules and debt recovery processes as needed for managing loans, including, as needed, compliance with federal or state regulatory guidelines, such as OMB circular A-129: Policies for Federal Credit Programs and Non-Tax Receivables, Managing Federal Receivables, Federal Credit Reform Act, Davis-Bacon Act, Federal Claims Collection Standards and Debt Collection Improvement Act.

MTQ
3:

In-depth management experience recruiting, developing and maintaining a well-qualified asset management team to perform portfolio management functions for financing transactions and large-scale or commercial infrastructure project loans; including the establishment of professional performance goals to assure appropriate training and certifications are available to associated staff.

Additional information

The U.S. Department of Energy fosters a diverse and inclusive workplace and is an Equal Opportunity Employer.

Telework:
Your position may be eligible for workplace flexibilities which may include telework options, and/or flexible work scheduling. These flexibilities may be requested in accordance with the DOE Workplace Flexibilities policy.

OF-306: You may be required to complete an OF-306, "Declaration for Federal Employment" form used to (a) determine your suitability for Federal Employment and/or (b) in conducting an investigation to determine your suitability or ability to hold a security clearance.

Applications contain information subject to the Privacy Act (PL 93 579, 5 USC 552a).

The information is used to determine qualifications for employment and is authorized under Title 5, USC, Section 3302 and 3361.

The Fair Chance Act prohibits specific inquiries concerning an applicant's criminal or credit background unless the hiring agency has made a conditional offer of employment to the applicant.

An applicant may submit a complaint to the agency within 30 calendar days of the date of alleged non-compliance by completing the Fair Chance Act Intake Form and submitting it to the Administrative Investigations Program at .

The selecting official may need to consult Departmental ethics counsel to determine whether any of your former or current employers, affiliations, or financial holdings conflict with your ability to perform the duties of this position.

If necessary, ethics counsel will work with you and the hiring office regarding potential mitigation strategies, if available.

Hiring incentives may be authorized in accordance with agency policy and if funding is available.

This is a non-bargaining unit position.

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