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As a Risk Specialist in the Office of the Chief National Bank Examiner, you will serve as a senior staff member in the Market Risk Division focusing on fiduciary and investment management activities and specializing in one or more of the following areas in the asset management area: asset administration; investments; retirement plan services; personal fiduciary services; conflicts of interest; AM operations; financial markets; and custody.
Should the selectee for this position not be commissioned by the OCC as a National Bank Examiner, he/she will be assigned to a Bank Examiner position description instead of a National Bank Examiner position description.
This position is being advertised under Merit Promotion and External Procedures. If you wish to be considered under this vacancy announcement and the merit promotion vacancy announcement, you must also submit an application under vacancy announcement MP-PB-13-018.
Citizenship : Consistent with the Immigration Reform and Control Act of 1986 and other applicable laws; applicants who are United States citizens will be preferred over equally qualified applicants who are not U.S. citizens. Due to a recent change in Federal Appropriations Law, if selected for a Federal Appointment, only “US Citizens and non-US Citizens who are permanent US residents actively seeking US citizenship as outlined in 8 USC 1324b(a)(3)(B)” are eligible for employment. If offered employment, you will be asked to provide evidence of your status. This requirement does not pertain to individuals on Federal rolls prior to the December 16, 2009, Appropriations Action.
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As a National Bank Examiner (Risk Specialist), you will:
In order for your application to be considered, you must meet the following requirements within 60 calendar days after the closing date of this announcement: You must have one year of specialized experience at a level of difficulty and responsibility equivalent to the NB-V band level. The experience may have been gained in either the public or private sector. One year of experience refers to full-time work; part-time work is considered on a prorated basis. Specialized experience for this position includes: expertise in the asset management area including asset management investment related activities, and risk quantification, including analyzing and monitoring risk exposures in these areas; experience analyzing and resolving significant asset management issues, and formulating policy impacting financial institutions; experience analyzing asset management investment related activities including: investment management; pooled investment vehicles (e.g., ETFs, MMFs; CIFs; STIFs; hedge funds; private equity); alternative investments; structured products; performance measurement; model validation; unique and hard-to-value assets; and the risks associated with these products and services.
- Demonstrate and expand specialized knowledge of risk area, including industry practices, emerging issues, trends, and areas of significant risk to the banking industry.
- Analyze supervisory issues, identify risks, recommend and develop new or revise agency policy, and/or regulatory guidance for banks and examiners.
- Develop and maintain databases and bulletin boards containing relevant credit and market risk information.
- Act as liaison to senior management, field staff, other governmental agencies and the banking industry.
- Maintain contact with a network of OCC subject matter experts and industry experts to provide ongoing knowledge of industry practices and trends and the training needs of field examiners.
- Prepare testimony, speeches, presentations, training materials, correspondence, and reports on bank supervisory issues and emerging risk management topics.
- Participate on interagency task forces and working groups involved in the specialized risk area.
- Participate on examinations of banks with higher or more complex risk profiles.
HOW YOU WILL BE EVALUATED:
Your application includes your:
Responses to the online questions, and
Required supporting documents.
We use a multi-step process to evaluate and refer applicants: 1. Minimum Requirements: Your application will be reviewed to determine if you meet all requirements, including the experience required for this position. You may be found "not qualified" if you do not possess the minimum competencies required for the position which must be supported by your resume. If your application is incomplete, we may rate you as ineligible. 2. Rating: Qualified applicants will be evaluated in the following areas:
Ability to identify, analyze and resolve significant asset management issues and formulate market risk policy impacting the largest and most complex financial institutions and/or community and midsize financial institutions, with particular skill in evaluating asset management activities. Broad range of experience covering such areas as investment management; pooled investment vehicles (e.g., ETFs, MMFs; CIFs; STIFs; hedge funds; private equity); alternative investments; structured products; performance measurement; model validation; unique and hard-to-value assets; and the risks associated with these products and services.
Ability to develop work plans, set goals, and execute large-scale projects while managing multiple priorities and ensuring project deadlines are met with high quality products. Adapts to changing priorities and new supervisory and policy initiatives.
Demonstrated skill in communicating complex asset management issues, orally and in writing, to internal and external audiences, to provide training and outreach, as well as effectively represent the OCC at technical conferences, seminars, and interagency working groups and in meetings with banking executives.
Quality Grouping will be used to rank and select qualified candidates. If qualified, you will be assigned to one of three categories (Outstanding, Excellent, or Qualified) depending on your experience and education related to this position. Veterans' preference is applied after applicants are assessed. Preference-eligibles will be listed at the top of their assigned category and considered before non-preference-eligibles in that category. Qualified preference-eligibles with a compensable service-connected disability of 10% or more will be listed at the top of the highest category. We may lower your rating if your responses to the online questions are not supported by the education and/or experience described in your application.
3. Referral: If you are in the highest quality category of candidates, your application will be referred to a selecting official for consideration and possible interview. We recommend that you preview the online questions for this announcement before you start the application process.
To preview questions please click here .
We offer a workplace that is respectful, fair, and values diversity. Our comprehensive benefits are very generous - helping you to reach your personal goals by supporting your professional growth, health, well-being, and your family needs. Our benefits package includes:
Learn more about Federal benefits programs, click here and about OCC-specific benefits, click here.
- Ten paid holidays, 13 days of sick leave, and 13 to 26 days of vacation time each year;
- Access to insurance programs that may be continued after you retire;
- A wide choice of health insurance plans, coverage for pre-existing conditions, and no waiting periods. We pay a substantial amount of the health insurance premiums;
- A performance-based merit pay program designed to reward employees for excellent performance;
- Free OCC dental and vision insurance, long-term disability, and business travel insurance.
CONDITIONS OF EMPLOYMENT: If selected for this position, you will be required to:
- Important information regarding Ethics and Conflicts of Interest: If you are currently employed by a national bank or a federal savings association or any other private organization, you will be recused from matters affecting your former employer once you join the OCC. Also, OCC ethics standards generally prohibit employees, their spouses, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. You will be required to divest such securities if you accept an appointment at the OCC. If you have unusual circumstances and cannot readily divest prohibited securities, you should discuss this with an OCC ethics official. Your OCC recruiter can provide you contact information for an OCC ethics official.
- Relocation benefits will be paid in accordance with OCC's relocation policy.
- We may select from this announcement or any other source to fill one or more vacancies.
- Complete a one-year trial period (unless already completed).
- Complete a Declaration for Federal Employment to determine your suitability for Federal employment.
- If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
- Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
- Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9 . The documentation that you present for purposes of completing the Department of Homeland Security (DHS) Form I-9 will be verified through the DHS “E-Verify” System. Federal law requires all employers to verify the identity and employment eligibility of all new hires, and as a condition of continued employment obligates the new hire to take affirmative steps to resolve any discrepancies identified by the system. The Office of the Comptroller of the Currency is an E-Verify participant.”
- Travel locally and/or overnight may be required.
- Obtain and use a Government-issued charge card for business-related travel.
- The selected candidate for this position will be required to file an OCC Financial Disclosure Form.
- Successfully complete a background investigation.
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