Senior Joint Venture Transaction Specialist, CG-1101-15
This job is open toThe publicU.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-B701. 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.DutiesDevelops strategic methods for creating various types of transaction structures, including joint venture public-private partnerships and debt structures for purchase money notes or credit facilities using sophisticated financial modeling and best practices reflecting the investment management industry to fit with DRR’s resolution activities.Assesses suitability of assets for structured transactions. Provide input and analysis on financial models for least cost/maximizing recoveries. Performs analysis of optimal, market driven partnership structures and bid processes.Serves as a technical expert and subject matter expert on structured or joint venture transactions relating to the sale and marketing of structured transactions, including bidder qualification criteria and evaluation and providing market-based feedback on appropriate debt and equity levels, promote/demote thresholds, working capital, development finding, and other financial structures.Serves as an expert in the monitoring of compliance with policies and procedures and the attainment of goals and objectives related to complex asset management activities.Reviews and processes the correction action resolution of compliance review findings. Documents monetary compliance finding reimbursement and reconciliation processes and compliance finding clearance.Performs and monitors work associated with the analysis of financial information, corporate structure, asset mix, and managerial practices of acquiring financial institutions, private equity investors, or managing members to ascertain the risks inherent in the portfolio.Reviews and monitors submission of periodic reporting from investment partners, note borrowers, and external counter parties including monthly reports, collateral reports, semi-annual cash flow forecasts, asset business plans and other agreements deliverables.Serves as a point of escalation, provides problem resolution management, and reports to management on complex or sensitive joint venture performance and compliance issues. Serves as a primary point of contact for formal dispute resolution. Provides business input to DRR Legal and perform arbitration/litigation support functions as required to resolve formal joint venture disputes.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) requiredQualifying 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-14 grade level or above in the Federal service. Specialized experience is defined as experience (1) creating structured transactions, including joint venture public-private partnerships or debt structures for purchase money notes or credit facilities using sophisticated financial modeling, investment management industry practices, or legal guidance, (2) monitoring joint venture agreements that govern the management, servicing and reporting of the acquired assets, and (3) analyzing acquirer business decisions to maximize recovery collections and minimize losses or reduce credit risk.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 InformationThis 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.Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.If selected, you may be required to serve a probationary period.Selectee(s) for this position will be required to report to their duty station office two days per week.TELEWORK OPTIONS ARE SUBJECT TO CHANGE. For more information on telework at the FDIC, please reference the available telework options for this position here .To read about your rights and responsibilities as an applicant for Federal employment, click here .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.Salary reflects a pay cap for this position of $252,500. BenefitsA 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.