Examination Specialist (Capital Markets Policy), CG-0570-13/14

Federal Deposit Insurance Corporation•Washington, DC

About The Position

This position is located in the Division of Risk Management Supervision, Capital Markets, Accounting, and Policy Branch, Exam Support Section. It supports policy and supervision matters relating to capital markets risk, capital markets risk management techniques, and the economic and regulatory capital requirements of financial institutions. Additional selections may be made to fill identical vacancies that arise later. At the full performance level, the specialist develops recommendations on agency and interagency policy and guidance concerning regulatory capital, liquidity, interest rate risk, capital markets instruments, activities and strategies—including structured products, trading and derivatives—and other supervisory and examination issues. The specialist analyzes and examines bank and non-bank financial institution activities, including stress testing, market risk reviews, horizontal reviews, market-making and underwriting metrics, derivatives activities, and other data-intensive or model-based analyses. The role provides technical examination and supervisory guidance to Washington Office, regional and area office, and field examination staff. It contributes to Division policies and revised supervisory approaches, evaluates the effects of regulatory and capital markets changes on the economy, banking industry and Deposit Insurance Fund, and recommends actions to promote safety and soundness or protect U.S. financial stability. The specialist conducts research and analysis of complex financial instruments and their effects on financial institutions, prepares analytical reports on capital markets issues and associated risks, assesses capital, earnings, liquidity and market risks, and stays current on developments in finance, economics, law, portfolio management and trading strategies related to financial institutions.

Requirements

For CG-13: One year of specialized experience equivalent to the CG-12 level or above in Federal service, conducting financial institution examinations and/or assisting in developing, analyzing or ensuring compliance with policies related to regulatory capital, liquidity, interest rate risk, capital markets instruments, activities and strategies.
For CG-14: One year of specialized experience equivalent to the CG-13 level or above in Federal service, conducting financial institution examinations and independently developing or analyzing compliance with policies related to regulatory capital, liquidity, interest rate risk, capital markets instruments, activities and strategies, and analyzing financial institutions' capital markets activities to identify instruments or strategies posing institution-level or systemic U.S. financial risk.
Must be a commissioned FDIC Financial Institution Examiner (Risk Management) or hold a Risk Management Examiner commission from another comparable organization as determined by the FDIC.
Applicants must meet qualification requirements, including any selective placement factors, within 30 calendar days of the announcement closing date.
Resume must provide, for each work experience, the organization or agency, title, federal series and grade if applicable, start and end dates including month and year, hours worked per week, and relevant experience supporting the specialized experience requirement.
There is no substitution of education for experience.
Completion of a financial disclosure may be required.
A Minimum Background Investigation is required.

Responsibilities

Develop recommendations on agency and interagency policy and guidance concerning regulatory capital, liquidity, interest rate risk, capital markets instruments, activities and strategies, and other supervisory and examination issues.
Analyze and examine bank and non-bank financial institution activities, including stress testing, market risk reviews, capital markets horizontal reviews, market-making and underwriting metrics, derivatives activities, and other data-intensive or model-based analyses.
Provide technical examination and supervisory guidance, advice and assistance to Washington Office, regional and area office, capital markets specialist, and field examination staff.
Assist in developing Division policies and revised supervisory approaches related to liquidity, sensitivity to market risk, securities, regulatory capital and other capital markets matters.
Evaluate the potential effects of regulatory and capital markets changes on the economy, banking industry and Deposit Insurance Fund, and develop recommended actions to promote safety and soundness or protect U.S. financial stability.
Conduct financial and capital markets research and analyze complex financial instruments and their potential effects on bank and non-bank financial institutions.
Research and prepare analytical reports on complex capital markets issues, capital markets instruments, insured institutions' involvement in capital markets, and associated risks.
Analyze actual and potential capital, earnings, liquidity and market risks to insured financial institutions.
Keep abreast of developments in finance, economics and law related to financial institutions, and of portfolio management and trading strategies used by financial institutions.