Cfi Specialist, Cg-1160-13/14

Federal Deposit Insurance Corporation | Pittsburgh, PA

Posted Date 12/03/2024
Description

These positions are located in the Division of Complex Institution Supervision and Resolution (CISR) of the Federal Deposit Insurance Corporation, and plan, manage, and successfully provide recommendations of major significance related to identifying sources of existing and emerging aggregate risks to the Deposit Insurance Fund and the FDIC's role as potential receiver, directly impacting Corporate-wide programs, policies and procedures.

 

At the full performance level, major duties include:

- Monitors and analyzes risk assessments related to complex financial institutions (CFIs), which include insured banks, bank holding companies, and other systemically important nonbank financial institutions with national or international operations. Monitoring and risk evaluation is designed to minimize the risk to the FDIC’s Deposit Insurance Fund for insured banks, and to minimize the risk of orderly liquidation processes and the funding mechanisms for nonbank companies.

- Performs complex financial analyses, including continuous onsite monitoring of the rate and circumstances in which the financial condition of an institution could deteriorate and accuracy of remediation triggers relative to activation of the resolution plans and backup supervisory work related to complex insured depository institutions.

- Ensures the quality and soundness of large insured depository institution CAMELS ratings and supporting documentation as well as supervisory risk and resolution activities plans (SRR).

- Researches and composes written comments summarizing the complex findings of targeted examination reviews and recommendations for corrective action when warranted.

- Stays abreast of current developments in the economy, the financial sector, and the banking industry to improve effectiveness in supporting recommended supervisory strategies.

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.

CG-13:  To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the grade 12 level or above in the Federal service.  Specialized experience is defined as experience contributing to or assisting in the analysis of financial risks and controls, the development of written reports, and the communication of findings and recommendations for financial institutions, bank holding companies, or other systemically important non-bank financial institutions. Experience must include work experience in two or more of following areas: earnings/condition analysis, solvency analysis, balance sheet management, financial controls assessments, deposit insurance pricing, resolution planning, or stress testing.

CG-14:  To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the grade 13 level or above in the Federal service.  Specialized experience is defined as experience leading in the analysis of financial risks and controls, the development of written reports, and the communication of findings for financial institutions, bank holding companies, or other systemically important non-bank financial institutions. Experience must include work experience in two or more of following areas: earnings/condition analysis, solvency analysis, balance sheet management, financial controls assessments, deposit insurance pricing, resolution planning, or stress testing.

Applicants must have met the qualification requirements (including selective placement factors – if any) for this position within 30 calendar days of the closing date of this announcement.

Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 “well qualified” for this position. For more information, Click Here.

There is no substitution of education for the experience for this position.

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