Chief, Asset Management Credit Operations Section, CM-1101-00 (FDIC-Only)

Summary

This position is located in the Division of Resolutions and Receiverships (DRR), Asset Marketing and Management Branch, Asset Management Credit Operations Section of the Federal Deposit Insurance Corporation in either Dallas, TX, New York City, NY, or Washington, D.C. Salary reflects a pay cap for this position of $277,500.

Duties

As the Chief, Asset Management Credit Operations Section, the incumbent is responsible for the following: Leads, manages, directs and coordinates the full range of mission responsibilities related to the management of assets 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, 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 review and analysis of assets to determine appropriate management strategy. Oversees staff in the analysis of financial and industry information for various asset management methods for failed financial institution assets. 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.

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 address 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 initiates 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 (e.g., number of employees supervised). Leadership Experience 1: Experience in coordinating the work of employees in a work unit, including assigning and evaluating work; setting priorities, timelines, and expectations; and monitoring progress against goals; AND Leadership Experience 2: Experience in setting performance expectations; assessing employee performance; providing recognition and rewards; providing feedback and development opportunities; addressing performance or conduct issues; and participating in recruitment and hiring activities.; AND Technical Experience 1: Experience in interpreting resolution guidelines and applying them in a variety of specialized areas to resolve financial and business related problems; AND Technical Experience 2: Experience in leading work efforts, projects or other collaborative efforts, creating and tracking goals and milestones, evaluating the work products of others and making recommendations on improvements.

Education

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