The Department of Energy (DOE)'s overarching mission is to advance the national, economic, and energy security of the U.S. through scientific and technological innovation and the environmental cleanup of the national nuclear weapons complex. With DOE you'll have the flexibility and freedom to explore a world of possibilities through a wealth of exciting and challenging career opportunities. By joining DOE, you can hone your career skills while helping to secure the U.S. future and make a real difference in the lives of Americans and people around the world. To learn more about the DOE, please visit our website the following link DOE
The DOE Loan Programs Office is seeking a motivated and highly-qualified candidate for a full-time permanent position in the Risk Management Division (RMD or LP-40) in Washington, D.C. The mission of the Loan Programs Office is to administer the federal loan and loan guarantee programs and Section 136 of the Energy Independence and Security Acto of 2007. Authorized by Title XVII of the Energy Policy Act of 2005. LP-40 has three branches: Credit Origination, Credit Review, and Enterprise Compliance. The incumbent is the managing Supervisor of the Credit Review branch which has responsibility for monitoring credit risks, reviews re-estimates for closed loan transactions, and reporting findings to the DOE Risk Committee.
This vacancy is concurrently being advertised under vacancy HQ-13-MP-5-LP-00125. If you would like to be considered for both vacancies you must apply to both.
- U.S. Citizenship is required.
- All Positions: Background and/or Security Investigation is required.
- THIS POSITION IS NOT IN THE BARGAINING UNIT COVERED UNDER NTEU
- Some overnight travel may be required.
- A Supervisory Probationary period must be served for new Supervisors.
The applicant selected for this position will serve as a Supervisory Loan Specialist responsible for managing the Credit Review Branch professional staff, defines assignments, establishes strategic work plans, and schedules and receives deliverables. Performs detailed credit analysis of Title XVII and ATVM approved innovative energy and advanced vehicle manufacturing projects to highlight portfolio risks, determine full portfolio loss and value distributions (in absolute and relative terms), quantify and stress-test the probability of portfolio credit losses, and create custom reports. Evaluates the risk characteristics of individual LPO loan transactions and develops the aggregate credit profile to demonstrate portfolio quality and trend features that may become inputs for mitigation measures, waivers, and exceptions. Works with the LPO Portfolio Management Division (PMD or LP-50) routinely to aggregate and analyze loan portfolio exception levels to determine risks that credit policy exceptions create in the aggregate or individually. Examines internal credit ratings and recommends modifications as needed post closing based on adjustments to credit ratings, internal risk ratings, and recovery ratings. Recommends credit rating revisions to the DOE Risk Committee as requested.
In collaboration with LP-40 credit support staff, reassesses credit subsidy calculations, expected default claim payments, and recoveries. Monitors LPO’s transactions post financial close for changes in credit risk profile and implements constructive actions to protect taxpayer funds. Serves as a member of the LPO Loan Policy Committee which conducts interest rate re?estimates, technical re-estimates, and closing re-estimates and validates cash flows at the end of each fiscal year consistent with the Federal Credit Reform Act (FCRA).
SPECIALIZED EXPERIENCE: Online resumes of qualified candidates must describe at least one year of specialized experience at the next lower grade level. Specialized experience is any experience that equipped the applicant with the particular competencies to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled.
Experience may have been gained in Federal or Non Federal service such work as: performing risk management work on a portfolio of a large scale corporate and project finance transactions in the energy sector.
QUALIFICATIONS REQUIREMENTS: Your online resume must demonstrate that you possess the following knowledge, skills, and abilities (KSAs/Competencies) ( NOTE: Applicants need not prepare written responses to these KSAs/Competencies unless asked in the online application):
1. Knowledge of credit review and risk management to manage a federal loan portfolio invested in innovative or advanced technologies.
2. Knowledge of credit analysis techniques and the risk characteristics of loans to large scale projects required to perform credit risk reviews of finance transactions in the energy sector.
3. Knowledge and experience evaluating credit and financial risks that may adversely impact a loan portfolio to limit impairment of the portfolio.
4. Skill in performing risk rating analysis.
5. Knowledge and experience in developing and implementing a credit review and risk management program, including policies, procedures, and practices, and the application of model, stress tests, recovery rate estimates, and other tools to minimize government risk of a portfolio of large loan transactions in the energy sector.
6. Ability to serve as an authoritative spokesperson for a finance organization; making formal presentations at industry or government meetings and conferences; participating at official meetings of federal finance boards; and making recommendations on risk impacts and credit review findings pertaining to a loan portfolio of large project finance transactions.
7. Skill in managing the preparation of official reports summarizing credit review findings.
A degree is not required, but preferred. Your educational background will be strongly considered in the evaluation of your overall qualifications for this position. Supporting documentation of your education and training is appreciated, even though not required for this position. Please fax all supporting documents in accordance with the instructions provided under Required Documents in the "How to Apply" section. EDUCATION FROM FOREIGN INSTITUTIONS: Education completed in foreign colleges or universities may be used to meet the above requirements if you can show that the foreign education is comparable to that received in an accredited educational institution in the United States (PROVIDING SUCH EVIDENCE WHEN APPLYING IS YOUR RESPONSIBILITY).
You must meet all qualification and eligibility requirements by the closing date of the announcement. CONDITIONS OF EMPLOYMENT FOR THIS VACANCY: A Preliminary background check must be completed before a new employee can begin work. Current Federal employees or other individuals with and existing completed background investigation may not be required to undergo another background check. If selected for this vacancy, you may be required to file the OGE Form 450 (Financial Disclosure Statement). A Supervisory Probationary period must be served for new Supervisors.
HOW YOU WILL BE EVALUATED:
Your application will be rated by the system using Category Rating. A quality review will be conducted by the HR Office and/or Subject Matter Expert (SME) based on the extent and quality of your experience, education, and training described in your online resume/questionnaire as related to the duties of this position. The quality categories are defined as "Best Qualified", "Well Qualified", "Qualified". Within each category, veteran preference eligibles will be listed at the top of the category. If your resume is incomplete, or does not support the responses in your online questionnaire you may be rated ineligible, not qualified, or your score may be adjusted.
To preview questions please click here .
The Department of Energy has broad range of benefits and work life programs that you may be eligible for depending on your type of appointment. For more information on benefits DOE has to offer please visit: DOE BENEFITS
Male applicants born after 12/31/1959, who are required to register with the Selective Service under section 3 of the Military Selective Service Act, must be registered (or must have registered at the time they were required to do so) in order to be eligible for appointment. For more information, visit the SELECTIVE SERVICE SYSTEM web site. The U.S. Department of Energy is an EQUAL OPPORTUNITY EMPLOYER.
The Department of Energy is responsible for ensuring exploration, development, processing, utilisation and management of South Africa's...