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Senior Asset Management Specialist, CG-1101-13/14
$100k-135k (estimate)
Full Time | Insurance 6 Days Ago
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Federal Deposit Insurance Corporation is Hiring a Senior Asset Management Specialist, CG-1101-13/14 Near Dallas, TX

This job is open to
  • The public
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Clarification from the agencyThis position is open to all United States Citizens. Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2024-DRR-B714. However, if you desire consideration also under this public non-status announcement, you must apply to both. Status applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.
DutiesAt the full performance level, major duties include:
  • Analyzes data related to asset/portfolio management loan servicing/sale agreements and the financial institution industry, recommends/presents to supervisor findings that may affect recoveries.
  • Prepares analyses and develops resolution strategies for the disposition of large, this may entail analyzing personal and corporate financial statements, budgets, appraisals and net present value calculations.
  • Analyzes all pertinent data concerning management of assets according to the agreement monitoring responsibilities.
  • Work with staff and contractors in carrying out duties.
  • Seeks legal advice to determine proper action on assets.
  • Monitors asset management policies and procedures, including workout, loan modification, classification, charge-off to ensure compliance of activities.
  • Keeps current on industry matters related to bank closing and asset management activities in order to recommend appropriate changes in Division policies, guidelines, or operational procedures.
Requirements Conditions of EmploymentRegistration with the Selective Service.
U.S. Citizenship is required.
Employment Conditions .
Completion of Financial Disclosure may be required.
QualificationsMinimum Background Investigation (MBI) required.
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 CG-13, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-12 grade level or above in the Federal service. Specialized experience is defined as experience reviewing and analyzing loans, loan portfolios, and other assets within insured depository institutions or acquired from failed financial institutions; identifying distressed loans; and developing resolution strategies.
To qualify CG-14, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-13 grade level or above in the Federal service. Specialized experience is defined as experience managing assets which include revolving lines of credit, commercial loans, commercial real-estate (CRE), consumer loans, government guaranteed loans, and other assets acquired from failed financial institutions.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined “well qualified” for this position. For more information, click here .
EducationThere is no substitution of education for the experience for this position.
Additional InformationAdditional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
The duty location is determined upon selection. This position may be filled in either Dallas, TX or Washington, DC. However, relocation expenses are not authorized for current FDIC employees located in Dallas, TX or Washington, DC.
The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 26.91% to a high of 33.41%. 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.
Selectee(s) for this position will be required to report to their duty station office two days per week.
If selected, you may be required to serve a probationary period.
To read about your rights and responsibilities as an applicant for Federal employment, click here .
  • 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 window Learn 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.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$100k-135k (estimate)

POST DATE

09/11/2024

EXPIRATION DATE

10/08/2024

WEBSITE

fdic.gov

HEADQUARTERS

WASHINGTON, DC

SIZE

3,000 - 7,500

FOUNDED

1933

TYPE

Government

CEO

MARTIN J GRUENBERG

REVENUE

$10B - $50B

INDUSTRY

Insurance

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About Federal Deposit Insurance Corporation

FDIC operates as an agency that specializes in examining and supervising bank financial reports, risk management and compliance training programs.

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