Other Agencies and Independent Organizations

Chief, Institution Risk Section, CM-1101-00

Washington, District of Columbia, Chicago, Illinois, Braintree, Massachusetts, Charlotte, North Caro Full time

Chief, Institution Risk Section, CM-1101-00

Department: Other Agencies and Independent Organizations

Location(s): Washington, District of Columbia, Chicago, Illinois, Braintree, Massachusetts, Charlotte, North Carolina, New York, New York

Salary Range: $157861 - $275000 Per Year

Job Summary: This position is located in the Division of Complex Institution Supervision and Resolution (CISR), Institution Risk Branch of the Federal Deposit Insurance Corporation in Braintree, MA, Chicago, IL, New York, NY, Charlotte, NC and Washington, D.C. Salary reflects a pay cap for this position of $275,000.

Major Duties:

  • As the Chief, Institution Risk Section, the incumbent is responsible for directing and overseeing the work of highly trained, multi-disciplined staff primarily engaged in evaluating risks of specific complex financial institutions which include insured banks, bank holding companies, and other entities. Specific tasks and functions pertaining to the job include, but are not limited to: Responsible for onsite monitoring of risks within complex financial institutions through use of diagnostic risk evaluation tools and systems; firm management information systems; supervisory program assessments; horizontal risk assessments; capital markets analysis; engagement with firm management, other regulatory agencies, as well as other CISR Branches and FDIC Divisions and Offices; to identify risk in complex financial institutions and recommend appropriate backup supervisory response or action. In conjunction with the other section chiefs, dedicated examiners, complex institution specialists, and other supervisory staff, coordinates the monitoring and supervision of complex financial institutions for back-up supervisory and deposit insurance purposes. Collaborates with other groups within FDIC, other regulators including Federal and International, and other parties as appropriate to identify, collect and manage pertinent information from complex financial institutions and other data sources as needed to measure, monitor, and control risks and mitigate risk to the Deposit Insurance Funds. Responsible for preparation of reports to summarize complex financial institution-specific risks and corrective actions and other remediation plans that have been recommended to address risks. As needed, provides specialized reports and summaries and, when necessary, coordinates firm specific monitoring and analysis, for other CISR Branches, FDIC Divisions and Offices, the Chairman, the Financial Oversight Committee, policymakers, other supervisory and regulatory agencies, and other entities. Develops new diagnostic risk evaluation tools and programs to assess risk profiles of specific complex institutions, concentrations of risk in specific institutions, risk correlations, and industry outliers that pose financial vulnerabilities in specific institutions, working closely with Horizontal Risk Chiefs in interpreting and implementing results of risk assessment tools and programs. Assists the Associate Director, Institution Risk, Deputy Director, Risk Assessment Branch and the Director of CISR when they serve as senior subject matter experts for matters pertaining to institution specific analysis of complex financial institutions. Serves as an advisor to Associate and Deputy Directors, Risk Assessment Branch, and at times the Director of CISR, for all matters pertaining to supervisory and/or resolution readiness programs for complex financial institutions. Establishes and maintains cooperative relationships with Associate and Deputy Directors throughout CISR and other Divisions and Offices within the Corporation, officials of other supervisory and regulatory agencies, and representatives of financial institutions. Represents the Division on assigned matters pertaining to supervisory and/or resolution readiness programs and serves as a spokesperson on FDIC plans, policies and procedures as they relate to complex financial institution monitoring and other matters under the branch's purview. Exercises supervisory personnel management authority and performs the full range of performance management duties to include planning, assigning, and reviewing work products of subordinates; establishing guidelines and performance expectations; and evaluating work performance and providing feedback to others on their performance. Identifies training and developmental needs for staff and provides regular recognition of staff. Works in collaboration with the appropriate Human Resources and Legal staff to administer disciplinary action. Hears and resolves grievances or other disputes as appropriate. Approves/ disapproves requests for leave, telework, travel, training, etc.

Qualifications: To meet the minimum qualifications, applicants must possess the leadership and technical experiences listed below. These qualifications would typically be gained through serving in roles that require managing projects/teams or guiding the technical work of others. 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. Leadership Experience: Experience in leading and coordinating projects, including establishing expectations, reviewing work products/services, monitoring progress, and providing guidance and feedback to team members; AND Technical Experience 1: Experience in conducting in-depth analyses of specific markets, products and practices pertaining to one or more of the following areas: retail lending, credit card lending, auto lending, mortgage lending, commercial real estate lending, commercial lending, trading, counterparty risk, foreign exposures, liquidity risk, earnings performance issues, capital adequacy, and/or operational risk; AND Technical Experience 2: Experience in developing and maintaining cooperative relationships with internal and external stakeholders. Large, complex financial institutions (LCFIs) may be defined as financial intermediaries engaged in some combination of commercial banking, investment banking, asset management and insurance, whose failure poses a systemic risk or externality to the financial system as a whole. These risks are intertwined among both insured and uninsured subsidiaries, and the largest and most complex of these companies often have global footprints and interdependent counterparty relationships with one another that increase their complexity and risk.

How to Apply: To begin, click the “Apply” button and follow the prompts. If you haven’t already, register and establish a USAJOBS account. After you register online, click the “Apply” button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click “Submit Application” to complete the application process. You must apply online. To apply for this position, you MUST provide a complete application package which includes: Your two (2) page resume showing all relevant work experience (paid and unpaid) including: duties performed; full name and address of the each employer; start and end dates (month/day/year); work schedule (part-time, full-time, number of hours if intermittent); salary; and any completed education and training (program title, subject area, number of hours completed, and completion date). Applicants requesting an exception from the online process must contact the Human Resources Specialist or point of contact listed in this announcement prior to 12:00 noon local time on the closing date. To return to your saved application, log in to your USAJOBS account and click on “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” to continue. You have until 11:59 p.m. ET (Eastern Time) on the closing date of this announcement to complete the application process. Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.

Application Deadline: 2025-11-17