Financial Institution Examiner (Risk Management), CG-0570-12 (ICTAP)

This job is open to

Career transition (CTAP, ICTAP, RPL) Federal employees who meet the definition of a "surplus" or "displaced" employee. Veterans

Clarification from the agency

This position is open only to applicants with ICTAP eligibility from other Federal agencies and veterans eligible for VEOA appt.

Duties

Evaluates the institution's management by determining compliance with applicable laws and regulations; assessing the quality and scope of internal and external audit procedures; assessing the accuracy of information provided by the board of directors; assessing the bank’s program for anti-money laundering/countering the financing of terrorism; and, whether institution practices and behaviors correspond with board-approved policies.Evaluates the quality of the institution's ratings through a review and evaluation of the institution's capital position and related plans; the institution's earnings and budgetary process; adequacy of the allowance for loan and lease losses; and, the institution's sensitivity to market risk and the adequacy of internal measurement systems and policies.Evaluates the asset quality of the institution through a review of loan files to determine the borrower's capacity to pay; protection; performance; and the institution's underwriting and credit administration practices.Serves as specialist/examiner-in-charge (or leader of a specific area) with responsibility for managing and coordinating the work of a team to ensure that the examination is completed on time; communicates with co-workers regarding work to be performed on an examination; shares information with co-workers regarding the assignment; and, meets with appropriate financial institution management and employees to discuss the results of the examination and to advise officials of corrective procedures when necessary.Researches, compiles, manipulates and/or evaluates data to prepare a variety of documents, management reports and presentations. Analyzes and reports on failing, failed or acquiring financial institution transactions and recommends actions based on procedural directives, current policy and special circumstances of the institution.Leads and participates in meetings with FDIC officials, attorneys, accountants, contractors, representatives of financial institutions or other private sector representatives, and/or other federal and state regulatory agency officials to discuss issues of mutual concern.

Requirements Conditions of Employment

Must be a commissioned examiner.

Registration with the Selective Service.

U.S. Citizenship is required.

Employment Conditions .

Completion of Financial Disclosure may be required.

Minimum Background Investigation (MBI) Required.

An employee may be relocated to any duty location to meet management needs.

Qualifications

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 .

To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-11 grade level or above in the Federal service. Specialized experience is defined as experience determining an insured depository institution's compliance with governing laws and regulations; ascertaining bank management's methods for identifying, measuring, monitoring and controlling risk; reviewing and analyzing the quality of bank assets; evaluating the level and trend of earnings, the liquidity position, and sensitivity to market risk; and evaluating the board of director's policies and bank management's practices.

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 .

Education

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

Additional Information

Selectee(s) for headquarters, regional, and area office locations will be required to report to their duty station office at least 1 day per pay period beginning January 2, 2024, and at their supervisor’s direction to support mission and project needs. In person reporting requirements for headquarters, regional, and area office locations are expected to increase in July 2024. Selectees(s) for field office locations will be required to report in person to an FDIC office or financial institution at their supervisor’s direction.

If selected, you may be required to serve a probationary or trial period as applicable to appointment type.

To read about your rights and responsibilities as an applicant for Federal employment, click here .

Financial Institution Examiners must maintain the highest personal ethical standards as provided in Part 336 of the FDIC's Rules and Regulations, (Employee Responsibilities and Conduct). Financial Institution Examiners must comply with Section 3201.102 of Supplemental Standards of Ethical Conduct for FDIC Employees (5 CFR Part 3201), which, in part, prohibits them and their immediate families from accepting certain credit from State nonmember banks.

All Financial Institution Examiners are prohibited from the following:

Obtaining a loan or a line of credit from any insured state nonmember bank or its subsidiaries. Any extensions of credit held by the Examiner, the Examiner's spouse, or any dependent children are direct or indirect extensions of credit to the Examiner.

Exceptions

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 window Learn more about federal benefits .

Loans for a primary residence are permissible. The Examiner must not participate in any examination of that institution with which he holds the primary residence loan, and a "cooling off" period is required before negotiating a loan for a primary residence from any institution the Examiner has examined. No restrictions on obtaining credit cards issued under the same terms and conditions available to the public from an insured state nonmember bank either within or outside of their field office of assignment. Participating in any examination, or other matter, involving an insured depository institution or any person with whom the Examiner has an outstanding loan or line of credit. Performing any service for compensation with any bank, or for any officer, director, or employee thereof, or for any person connected therewith. Disclosing any confidential information from a bank examination report except as authorized by law. Soliciting or accepting any gift from a prohibited source or because of the Examiner's official position. 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.