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

Summary This position is located in the Division of Resolutions and Receiverships, Asset Marketing and Management Branch 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. Learn more about this agency Duties As the Assistant Director, Asset Marketing, Management and Sales, the incumbent is responsible for the following: 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 maximizes the net present value of recoveries to the FDIC including overseeing the development of retained asset sales strategies, operational implementation of such sales, 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 subjec matter experts (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. 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), 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 teams of employees by assigning work, developing employee skills, and assessing/monitoring employee performance. Requirements Conditions of employment 2-page Resume Requirement: Please limit your resume to 2 pages (minimum 10-point font). If more than 2 pages are submitted, only the first 2 pages will be reviewed to determine your eligibility/qualifications. 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. Employee may be relocated to any duty location to meet management needs. The position requires a High Risk/Non-sensitive Background Investigation (BI). 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 (e.g., number of employees supervised). Leadership Experience: Experience in leading teams in the development and implementation of complex and lengthy projects, including establishing expectations, reviewing work products/services, monitoring progress, and providing guidance and feedback to team members; AND Technical Experience: Experience in managing and directing staff and contractor resources in all aspects of the management and marketing of complex loan portfolios or bank subsidiaries, including managing funding commitments, loan participations, and overseeing the sale of loan portfolios. Education There is no substitution of education for the experience for this position. Additional information If selected, you may be required to serve a probationary or trial period as applicable to appointment type. During the probationary or trial period, you will be evaluated for fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider:  your performance and conduct; the needs and interests of the agency; whether your continued employment would advance organizational goals of the agency or the Government; and whether your continued employment would advance the efficiency of the Federal service. Upon completion of your probationary or trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.  If selected, you may be required to serve a supervisory/managerial probationary period. To read about your rights and responsibilities as an applicant for Federal employment, click here. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement. This position is a Corporate Manager, CM-00, which 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 27.26%% to a high of 40.07%. Pay will vary by grade level and the locality rate for the geographic location where the position 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. Expand Hide  additional information Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution. 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 windowLearn 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.