Assistant Director, Asset Marketing, Management and Sales, CM-1101-00 (Government-wide)

This job is open to

• Individuals with disabilities
• Federal employees - Competitive service
  
  
  

Current or former competitive service federal employees.

• Federal employees - Excepted service
  
  
  

Current excepted service federal employees.

• Land & base management
  
  
  

Certain current or former term or temporary federal employees of a land or base management agency.

• Military spouses
• Family of overseas employees
  
  
  

Family members of a federal employee or uniformed service member who is or was, working overseas.

• Peace Corps & AmeriCorps Vista
• Senior executives
  
  
  

Those who meet the five Executive Core Qualifications (ECQs).

• Special authorities
  
  
  

Individuals eligible under a special authority not listed above, but defined in the federal hiring regulations.

• Veterans
  
  
  

Clarification from the agency

Applicants with status (i.e., current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility); those eligible for appointment under special hiring authorities; and veterans eligible for a VEOA appointment.

Duties

• Directs the development and/or interpretation of all failed bank asset marketing and management policies and procedures. Monitors the application of policies by managers and staff, provides justifications for major program changes.
• Analyzes and/or evaluates asset marketing and management strategies and directs and/or recommends the approach for marketing failed financial institution assets in a manner that minimizes losses to the FDIC insurance funds including providing input on the development of franchise and asset pools, the bid/sale process, and sales settlement. Develops comprehensive business and strategic plans to facilitate accomplishment of Division goals and objectives pertaining to failed financial institution asset marketing and management.
• Directs and coordinates mission responsibilities related to the management of assets, unfunded commitments, and subsidiaries retained from failed financial institutions, the oversight of the contract repudiation process, and oversight of asset management contractors utilized in failed bank resolutions.
• Manages and direct the work of SMEs and technical experts in the area of asset and subsidiary management, including the oversight and servicing activities related to asset portfolios of all levels of complexity retained from failed financial institutions, including portfolios of loans, participations, leases, credit cards, servicing rights, subsidiaries, subsidiary held assets, and failed bank contracts.
• Direct the management of large and complex financial institution assets including, loans, subsidiaries, unfunded commitments, participations, leases, credit cards, servicing rights, subsidiary-held assets, and other assets utilizing various control mechanisms to preserve and increase value of retained asset portfolios. Oversees the valuation of complex failed financial institution assets including loans, participations, leases, credit cards, servicing rights, subsidiaries, subsidiary-held assets, and other assets. Assures proper internal controls are utilized to minimize risk of valuation errors for retained assets decision making.
• Manages, monitors, and directs the work associated with the analysis of financial information, corporate structure, asset mix, capitalization structure, physical and intangible assets, and financial and managerial practices of financial institutions insured by the FDIC, Managing Members, Trustees, and other transaction parties to ascertain the risks inherent in the portfolio of a structured transaction and ensure transaction partners make business decisions to maximize collections and minimize losses to the program and perform according to the appropriate legal agreements.
• Serves as the technical expert and principal advisor to the Deputy Director on all substantive matters associated with security sales, equity instruments, risk sharing including securitizations, loss share, and structured transaction programs. Possesses subject matter expertise on private-label securities, government guaranteed securities, corporate debt, structured finance, federal loan modification programs, and servicing.
• Manages and directs staff on the development, implementation, and oversight of policies and procedures related to security sales, risk share asset management programs, structured transaction oversight, and how they factor into resolution strategies for failed financial institutions. Analyzes and/or evaluates security sales strategies, structured sales strategies and directs and/or recommends approaches for managing and liquidating assets that minimizes losses to the FDIC insurance funds.
• Exercises supervisory personnel management authority directly or indirectly through subordinate senior managers to include: planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and, evaluating work performance and providing feedback. Identifies training and developmental needs for staff 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. Ensures that programs are administered effectively and in accordance with broadly stated objectives and priorities.
• Ensures that Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, and programs are executed equitably consistent with Corporate policy, legal requirements, and the mission of the Division; organizes, coordinates, and manages the work of diverse teams of employees by assigning work, developing employee skills, assessing/monitoring employee performance, and promoting inclusion.
  
  
  

Requirements Conditions of Employment

Registration with the Selective Service.

U.S. Citizenship is required.

Employment Conditions .

This position requires the selectee to file a confidential financial disclosure report (OGE Form 450) as a condition of employment.

High Risk - Background Investigation (BI) required

Employee may be relocated to any duty location to meet management needs.

Qualifications

To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through serving in roles that require managing projects/teams or guiding the technical work of others.

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, skills, and abilities 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 words to describe your experience and accomplishments and quantify your experience wherever possible to demonstrate your accomplishments.

Leadership Experience: Experience in leading and coordinating projects, including establishing expectations, reviewing work products/services, monitoring progress, and providing guidance and feedback to team members.

Technical Experience: Experience in managing and directing staff and contractor resources in all aspects of the asset marketing, asset/liability management, asset funding, and asset disposition processes.

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 identical vacancies that occur subsequent to this announcement.

To read about your rights and responsibilities as an applicant for Federal employment, click here .

FDIC-Employees: 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.

If selected, you may be required to serve a probationary or trial period as applicable to appointment type.

If selected, you may be required to serve a supervisory/managerial probationary period.

This position is a Corporate Manager, CM-00. Position is equivalent to above the CG/GS-15.

This is a recommended minimum Step 9 position.

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 selectee is located. For more on FDIC locality rates, click here.

Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently or have been within the last 5 years, a political Schedule A, Schedule C, or Non-Career SES employee in the Executive Branch, you must disclose this information to the HR Office.

• Benefits
  
  
  

A 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 window Learn more about federal 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 .

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.