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USAJOBS · 2 months ago

Chief, Institution Risk Section, CM-1101-00

Multiple Locations, USA

Full-time

Onsite

Director/Executive

$158K/yr - $275K/yr

The Federal Deposit Insurance Corporation (FDIC) is seeking a Chief for the Institution Risk Section within the Division of Complex Institution Supervision and Resolution. The role involves directing and overseeing a team responsible for evaluating risks of complex financial institutions and developing risk assessment tools to mitigate potential threats to the Deposit Insurance Funds.

ConsultingGovernmentHuman ResourcesInformation TechnologyInternetStaffing Agency

No H1B

U.S. Citizen Only

Responsibilities

Responsible for onsite monitoring of risks within complex financial institutions through use of diagnostic risk evaluation tools and systems; firm management information systems; supervisory program assessments; horizontal risk assessments; capital markets analysis; engagement with firm management, other regulatory agencies, as well as other CISR Branches and FDIC Divisions and Offices; to identify risk in complex financial institutions and recommend appropriate backup supervisory response or action

In conjunction with the other section chiefs, dedicated examiners, complex institution specialists, and other supervisory staff, coordinates the monitoring and supervision of complex financial institutions for back-up supervisory and deposit insurance purposes

Collaborates with other groups within FDIC, other regulators including Federal and International, and other parties as appropriate to identify, collect and manage pertinent information from complex financial institutions and other data sources as needed to measure, monitor, and control risks and mitigate risk to the Deposit Insurance Funds

Responsible for preparation of reports to summarize complex financial institution-specific risks and corrective actions and other remediation plans that have been recommended to address risks. As needed, provides specialized reports and summaries and, when necessary, coordinates firm specific monitoring and analysis, for other CISR Branches, FDIC Divisions and Offices, the Chairman, the Financial Oversight Committee, policymakers, other supervisory and regulatory agencies, and other entities

Develops new diagnostic risk evaluation tools and programs to assess risk profiles of specific complex institutions, concentrations of risk in specific institutions, risk correlations, and industry outliers that pose financial vulnerabilities in specific institutions, working closely with Horizontal Risk Chiefs in interpreting and implementing results of risk assessment tools and programs

Assists the Associate Director, Institution Risk, Deputy Director, Risk Assessment Branch and the Director of CISR when they serve as senior subject matter experts for matters pertaining to institution specific analysis of complex financial institutions

Serves as an advisor to Associate and Deputy Directors, Risk Assessment Branch, and at times the Director of CISR, for all matters pertaining to supervisory and/or resolution readiness programs for complex financial institutions

Establishes and maintains cooperative relationships with Associate and Deputy Directors throughout CISR and other Divisions and Offices within the Corporation, officials of other supervisory and regulatory agencies, and representatives of financial institutions. Represents the Division on assigned matters pertaining to supervisory and/or resolution readiness programs and serves as a spokesperson on FDIC plans, policies and procedures as they relate to complex financial institution monitoring and other matters under the branch's purview

Exercises supervisory personnel management authority and performs the full range of performance management duties to include planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and evaluating work performance and providing feedback to others on their performance. 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

Qualification

Technical Experience in Risk AnalysisStakeholder Relationship ManagementLeadership ExperienceFinancial Institution SupervisionProject ManagementTeam BuildingPlanningOrganizingDeveloping OthersStrategic ThinkingCritical Thinking

Required

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

Experience in conducting in-depth analyses of specific markets, products and practices pertaining to one or more of the following areas: retail lending, credit card lending, auto lending, mortgage lending, commercial real estate lending, commercial lending, trading, counterparty risk, foreign exposures, liquidity risk, earnings performance issues, capital adequacy, and/or operational risk

Experience in developing and maintaining cooperative relationships with internal and external stakeholders

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

Experience must be explicitly stated in the resume as experience not specifically described in the resume cannot be assumed