Resolutions and Receiverships Specialist

Resolutions and Receiverships Specialist for Recent Graduates

To apply and learn more about this position, go to USAJOBS - Job Announcement

These positions are located in the Division of Resolutions and Receiverships of the Federal Deposit Insurance Corporation. Trainees will perform a variety of duties, and perform progressively more difficult assignments to gain increased knowledge of the work including participating in financial institution closings.

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

Applicants who have graduated within the last 2 years, or will graduate by May 2024, and have completed a qualifying degree or certificate from a qualifying educational institution. Veterans unable to apply within 2 years of receiving their degree, due to military service obligation, may have their eligibility period extended. The 2-year eligibility period begins upon release from active duty and may not extend beyond 6 years from degree completion (see Qualification Section).

Duties

-Reviews, analyzes, coordinates and completes work assignments related to failed financial institutions.

-Analyzing financial institution transactions

-Analyzes monthly financial statements

-Attends Meetings with FDIC Officials

-Participates in negotiations, which include analytical discussion of the strengths, weaknesses, risks and value of FDIC position and interest.

-Prepares a variety of documents, reports and presentations.

-Prepares cases, memoranda and other documents concerning a variety of financial matters.

-Participates in preparing detailed business plans.

-Collects and analyzes data using a variety of information systems.

Conditions of Employment

Registration with the Selective Service.

U.S. Citizenship is required.  

Employment Conditions.

Completion Of Financial Disclosure May Be Required.

Minimum Background Investigation (MBI) required

Selectees must sign an FDIC Pathways Recent Graduates Program Participant Agreement.

The applicants selected will be offered a position in the FDIC Pathways Recent Graduates Program, on an excepted service appointment. Program and conversion requirements will be identified in the FDIC Pathways Recent Graduates Participant Agreement. After successful completion of all the program requirements and based on the FDIC's budget and needs, recent graduates may be non-competitively converted to a term or permanent position in the competitive service. This is a career ladder position as a Resolutions and Receiverships Specialist with full performance level of CG-1101-12. However, service in the FDIC Pathways Recent Graduates Program confers no right to further employment in the competitive or excepted service.

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.  

CG- 7: To qualify, candidates must meet one of the following requirements:

1. Education: Completion of 1 full year of graduate level education. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. OR
2. Superior Academic Achievement: Superior Academic Achievement and completion of a bachelor’s degree (see details below) OR
3. Experience: One year of specialized experience equivalent to at least the CG-5 grade level as described below OR
4. Combinations of education and experience: A combination of graduate level education and specialized experience as described above that together meet the qualification requirements for this position.

Specialized experience is experience: 1) gathering financial or capital market data; 2) generating financial reports from automated databases; 3) Applying analytical or evaluative methods to financial data to create metadata; and 4) reviewing balance sheets, income statements, income tax returns or financial projections for trends or discrepancies.

To qualify for SAA, applicants must have met one of the following:

1. A grade-point average of "B" (a GPA of 2.95 or higher out of a possible 4.0) as recorded on their official transcript, or as computed based on 4 years of education, or as computed based on courses completed during the final 2 years of the curriculum.

2. A grade-point average of "B+" (a GPA of 3.45 or higher out of a possible 4.0) based on the average of the required courses completed in the major field or the required courses in the major field completed during the final 2 years of the curriculum.

3. Rank in the upper one-third of your class in the college, University or major subdivision.

4. Membership in a national honor society (other than freshman honor societies) recognized by the Association of College Honor Societies.

CG-9: To qualify, candidates must meet one of the following requirements:

1. Education: Completion of a master's or equivalent graduate degree. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. OR Two full years of progressively higher level graduate education leading to such a degree. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. OR  LL.B or J.D., if related OR 
2. Experience: One year of specialized experience equivalent to at least the CG-7 grade level as described below OR
3. Combinations of education and experience: A combination of graduate level education and specialized experience as described above that together meet the qualification requirements for this position.

Specialized experience is experience: 1) gathering financial or capital market data; 2) generating financial reports from automated databases; 3) applying analytical or evaluative methods to financial data to create metadata; 4) reviewing balance sheets, income statements, income tax returns or financial projections to correct discrepancies or conducting income tax research and audits; and 5) monitoring assets and financial projections for risk assessment.

Education

See requirements stated under QUALIFICATIONS

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Your resume will be reviewed, including the online assessment questionnaire, to assess your ability to perform this job.

Top ranked candidates will be referred to the selecting official for further review and consideration. Candidates eligible for veterans' preference will receive selection priority over non-veterans. If you rated yourself higher than what is supported by your resume, your overall qualifications assessment may be adversely affected.

The assessment questionnaire is designed to measure your ability in the following competencies/knowledge, skills, and abilities (KSAs):

1. Knowledge of business administration, economics and/or financial principles.

2. Ability to communicate orally.

3. Ability to communicate in writing.

4. Ability to use a variety of software applications or financial database applications.

You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.

You may preview questions for this vacancy.