Capital Markets Specialist

Summary Capital Markets Specialists evaluate a broad array of financial activities and products at the most complex System institutions. Most activities involve serving as a member or leader of an examination team under the direction of a Senior Examiner or the Capital Markets Specialty Program Manager. This position is part of the Farm Credit Administration. Duties As a Capital Markets Specialist (FCA Examiner), your duties will include: Leading and participating in examinations and oversight of System institution financial condition and performance (i.e., capital, earnings, liquidity), interest rate risk, loan pricing, funds transfer pricing, derivatives, hedging, fixed-income investments, securitization, and funding through debt capital markets. Such examinations include an assessment of risk, board policies, procedures, financial modeling and model risk management, management and internal control processes, operating practices, and compliance with laws and regulations. Ensuring risks are appropriately identified, measured, monitored, and controlled. Making recommendations that are fully supported and ensuring System institutions take corrective action when weaknesses are identified. Developing reports that summarize examination conclusions and recommendations and presenting them to System institution senior management. Serving as an advisor and trainer for other examiners on System institution finance and capital markets issues; developing examination guidance; developing informational letters to System institutions; analyzing systemic risks; and participating in task forces that develop policy and regulations related to capital markets and finance areas. A key distinction between the VH-38 and VH-39 is the authority to act and the level of supervision in place. Requirements Conditions of employment Must be a U.S. citizen. Males born after 12-31-59 must be registered for Selective Service. Resume and supporting documents (See How to Apply) Suitability for Federal employment, as determined by a background investigation. May be required to successfully complete a probationary or trial period. Submission of a financial disclosure report may be required. Qualifications Ideal candidates have experience in the following areas: Analyzing risk to a complex financial institution's financial condition and performance resulting from exposure to interest rate, market, and liquidity risks. Assessing asset / liability management practices, including the use of sophisticated models, to identify, monitor, and control interest rate and liquidity risk and ensure long-term financial stability. Evaluating capital adequacy and capital management practices including managing capital distributions, utilizing stress test analysis, and the use of complex strategies such as securitization, synthetic securitization, and other credit risk transfer structures. Evaluating financial institution liquidity risk, including experience analyzing funding strategies and contingency funding plans, and evaluating the adequacy of high-quality liquid assets as a secondary source of liquidity. You may qualify at the VH-38 (GS-12 equivalent) band level if you have one year of specialized experience equivalent to the next lower level, VH-37 (GS-11) band level. Specialized experience is experience that has equipped you with the knowledge, skills, and abilities to perform successfully the duties of the position which includes managing, examining, or auditing a financial institution's finance and capital markets activities (e.g., capital, earnings, liquidity, sensitivity to interest rate risk, investments, securitizations, derivatives) and related risk management practices, and preparing written reports conveying the results of these activities under direct supervision. This experience may have been gained as a financial regulator, consultant, auditor, analyst, or as an employee at a financial institution. You may qualify at the VH-39 (GS-13 equivalent) band level if you have one year of specialized experience equivalent to the VH-38 (GS-12) band level. Specialized experience is experience that has equipped you with the knowledge, skills, and abilities to perform successfully the duties of the position which includes leading a team to manage, examine, or audit a financial institution's finance and capital markets activities and related risk management practices, and providing guidance and training to others on complex financial or capital markets related topics. This experience may have been gained as a financial regulator, consultant, auditor, analyst, or as an employee at a financial institution. 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. Education There is no substitution for education at the VH-38 or VH-39 band levels. Additional information If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility. If you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans. Males born after 12-31-59 must be registered or exempt from Selective Service. For more information visit: https://www.sss.gov/verify/. Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: (1) meet CTAP or ICTAP eligibility criteria; (2) be rated well-qualified for the position with a score of 85 or above; and (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information visit: http://www.opm.gov/rif/employee_guides/career_transition.asp. Only experience and education obtained by the closing date of this announcement will be considered. All FCA employees are subject to the conflict of interest laws and Standards of Ethical Conduct imposed upon all employees of the Executive Branch of the Federal Government and may be required to file a Financial Disclosure Report. FCA's supplemental ethics regulations restrict certain FCA employees concerning their direct or indirect interests in, or connections with, Farm Credit System institutions. These rules also require all employees to obtain approval for outside employment or business activities. Please contact the HR Division for additional information on these rules. FCA uses E-Verify to confirm the employment eligibility of all newly hired employees. This announcement may be used to fill similar vacancies. Applicants are encouraged to apply to all band/grade levels for which believe they are qualified for and wish to receive consideration. Salary Rate Ranges: Base Salary Range for the VH-38: $78,504 - $129,532 Base Salary Range for the VH-39: $89,815 - $148,195 Locality pay is added to base salary using on the following duty station locality rates: Bloomington, MN, 27.62%; Irving, TX, 27.267%; McLean, VA, 33.74%; Greenwood Village, CO, 30.52%; and Sacramento, CA, 29.76% The Fair Chance to Compete for Jobs Act of 2019, with some exceptions, prohibits the Farm Credit Administration from requesting an applicant's criminal history record before that individual receives a conditional offer of employment. If you apply to this position and are selected, we will not ask about your criminal history before you receive a conditional job offer. If you believe you were asked about your criminal history improperly, visit our website at (Careers at FCA | Farm Credit Administration) for information on filing a complaint. 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 Review our benefits