Assistant General Counsel (Resolution Planning & Policy Section), EM-0905-00

Federal Deposit Insurance Corporation; Washington (District of Columbia); On-site; USD 275,000 - 336,000; Full time

Job summary

Federal Deposit Insurance Corporation (FDIC) in Washington, DC, seeks an Executive Manager in the Legal Division, Resolution & Receivership Branch, to lead complex legal work on resolution planning for the largest financial institutions. The role requires strategic legal guidance across domestic and international coordination in a high-stakes environment.

You will supervise senior counsel, develop policy initiatives, and provide counsel to the General Counsel and senior leadership on matters of

Qualifications

• Leadership and executive management experience in financial services or government agencies.
• Experience overseeing complex legal and policy matters related to systemic risk and resolution of large financial institutions.
• Ability to provide high-level legal advice to senior executives and regulators.

Responsibilities

• Identify and supervise complex legal issues related to risk and resolution of systemically important financial institutions.
• Interpret and apply statutes and regulations for policy initiatives on systemic monitoring and risk analysis.
• Provide legal counsel to FDIC divisions on resolutions, receiverships, and cross-border issues.
• Guide formulation and execution of regulations and procedures for oversight of large bank holding companies and other financial institutions.
• Supervise staff attorneys and oversee implementation of resolution strategies and cross-border arrangements.

Job description

Summary

This position is located in the Legal Division, Resolution & Receivership Branch, Resolution Planning & Policy Section of the Federal Deposit Insurance Corporation.

Salary reflects a pay cap for this position of $305,000.

Duties

• Identifies complex legal problems related to risk and the potential resolution of the largest, systemically important financial institutions, including complex financial institutions engaged in cross-border operations, and supervises legal research related to these problems. The concept of complex legal problems includes problems designated as protracted and/or involving novel and complex legal issues involving large dollar amounts.
• Independently interpret and apply applicable statutory and regulatory guidelines in the development and assessment of policy initiatives related to systemic monitoring and analysis activities related to the mitigation of risk exposures related to large and complex financial institutions.
• Provide legal advice and assistance to the Division of Resolutions and Receiverships (DRR) arising from the FDIC’s role as receiver or conservator of failed institutions as well as other Divisions or Offices that may be involved.
• Provide legal advice and guidance on the formulation and execution of regulations, policies, and procedures with respect to the oversight and monitoring of all bank holding companies (BHC) with assets of $100 billion or more (and all insured depository institutions), as well as all non-bank financial companies identified for Federal Reserve supervision by the Financial Stability Oversight Council.
• Supervise and participate in development, recommendations, and advocacy for legal and policy changes in foreign jurisdictions, and contractual and operational arrangements with international organizations and private corporations, to improve and facilitate the implementation of resolution strategies, resolution planning, and resolutions involving cross-border financial institutions.
• Identifies major, complex and novel legal issues in areas such as corporate finance, risk monitoring and management, corporate restructuring, bank receiverships, mergers and acquisitions, international finance, complex resolutions, and cross-border insolvency.
• Provide general guidance and instruction to the section's professional staff and provide counseling and legal advice to the General Counsel, Directors of DRR and CISR, the Chairman, Board of Directors, officials of other domestic and international supervisory and regulatory agencies, and representatives of financial institutions and private industry on matters of extreme complexity and delicacy, with potentially significant consequences, regarding the failure of systemically important financial institutions as well as all FDIC‑insured institutions and their resolution.
• Reviews legal analyses and recommendations for the consideration of the General Counsel, CISR and DRR management and high-level executives of relevant financial institutions on issues related to the monitoring and risk assessment and the potential resolution of FDIC‑insured institutions as well as systemically important financial institutions that could pose a systemic threat to the U.S. financial system, as well as issues related to international coordination and information sharing.
• Oversee and manage the substantive and administrative matters performed by Senior and Supervisory Counsels and others under the incumbent's direct supervision. Responsible as the first- or second-line supervisor for reviewing (and in most matters approving or rejecting) staff attorney recommendations regarding the advisability of matters.
• Develops Equal Employment Opportunity (EEO), employee development, employee performance, and other personnel plans, processes, programs, and metrics in compliance with Corporate policy, legal requirements, and the mission of the Division; leads efforts to mature the organization and management of work within area of responsibility; leads professional groups of employees to: direct work, and review outcomes/effectiveness, develop and assess subordinate managers.

Requirements

Conditions of employment

2-page Resume Requirement: Please limit your résumé 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.

U.S. Citizenship is required.

Registration with the Selective Service.

Employment Conditions.

Bar Membership required.

High Risk Position - Background Investigation (BI) required.

Employee may be relocated to any duty location to meet management needs.

As a condition of employment for accepting this position, you will be serving in a position in Schedule Policy/Career of the excepted service. You will obtain competitive status after two years of service in this position [if applicable]. Your employment in this position will be at-will. Merit Systems Protection Board (MSPB) appeals of adverse actions concerning performance, discipline, and other matters arising under chapters 23, 43, and 75 of title 5, United States Code will not be available to an individual serving in this position. Prohibitions on prohibited personnel practices will be enforced by the Office of General Counsel [or agency equivalent position] and not the Office of Special Counsel.

Qualifications

To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through progressively responsible management or executive-level assignments.

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 1: Experience in overseeing and coordinating the work of organizational units directly and indirectly through subordinate supervisors, including assigning work, directing changes to programs and priorities, and evaluating performance against goals; AND

Leadership Experience 2: Experience in managing employee performance and growth directly and indirectly through subordinate supervisors, including evaluating employee readiness for successive roles, recognizing accomplishments, providing feedback and development opportunities, and addressing performance/conduct issues; AND

Technical Experience: Experience with federal, state, and foreign law governing: the resolution of systemically important financial institutions; receiverships; bankruptcy; or the Federal Deposit Insurance Act, and attendant regulations.

Basic Qualification: Active license to practice before the highest court of a state, territory, commonwealth, or the District of Columbia and in good standing.

Education

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

Additional information

Ifselected,youmayberequiredtoserveaprobationaryor trialperiodasapplicabletoappointment 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.

Evidence of current bar membership in good standing will be confirmed prior to appointment.

This position is in the excepted service.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

FDIC Executive Managers (EM) are in the Federal competitive service and not the Senior Executive Service (SES). As an EM at the FDIC, you will provide executive leadership and managerial direction over substantive activities related to planning, developing, executing, and coordinating the Corporation's programs and policies.

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.

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.

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.

The FDIC offers comprehensive 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.
In addition, under FDIC’s Group Life Insurance Program, basic life insurance coverage for Executive Managers is automatically equal to 3 times their salary (rounded to the next higher thousand) up to a maximum of $800,000. Executives may also choose from two other lower coverage options. The Corporation pays for the cost of the basic coverage unless employees also elect to be covered under the Federal Employees Group Life Insurance Program (FEGLI).