Closing Date: 21st October, 2024

Description:

Summary:
This position is located in the Asset Management Disposition & Receivership Management Unit and is responsible for legal support to failed IDI receiverships, including asset management and sales, real estate law, environmental law, bank closings, receivership powers and operations, administrative law and corporate law.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Duties:
This announcement has been amended to update the organization in the Summary section**
  • Collaborates with other attorneys in the Legal Division in connection with, and analyzing, structuring, drafting and negotiating documentation for, complex corporate transactions, such as marketing and sales of loans and other financial instruments; commercial real estate purchases and sales, acquisition, development, construction and finance; mergers and acquisitions of businesses (including financial institutions); mortgage servicing sales; and secured lending transactions.
  • Assists with the conduct and oversight of legal negotiations of settlements or other resolutions of contractual disputes, claims or liabilities, and provides legal advice and other related legal assistance, including preparing or assisting with the drafting of documentation regarding the same.
  • Participates in IDI closings and post-closing activities in order to provide advice on legal issues ranging from routine to novel and complex.
  • Serves as a subject matter expert in one or more of the following subject matters or practice areas (or such other areas in which attorneys in the Section may need to be proficient): (i) real estate transactions and law relating to the acquisition, sale, development and construction of commercial property; (ii) finance and secured lending law; (iii) affordable housing law and transactions; (iv) general contract law; (v) law governing lending and lenders; or (vi) mortgage servicing.

Requirements:
Conditions of Employment:
Registration with the Selective Service. (http://www.sss.gov/)

U.S. Citizenship is required.

Employment Conditions. (https://www.fdic.gov/about/careers/personnel-security-process/)

Completion of Financial Disclosure may be required.

Minimum Background Investigation (MBI) required.

Qualifications:
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, 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 13 grade level or above in the Federal service. Specialized experience is defined as experience serving as a transactional attorney that has assisted with analyzing, structuring, drafting and negotiating documentation in connection with asset-related transactions.

Specialized experience must be directly related to the position being filled and is experience gained after issuance of bar membership.

This position has a positive education requirement, transcripts must be provided showing degree conferred. Official transcripts must be provided prior to appointment.
  • Education: All attorney and law clerk trainee positions have a minimum education requirement of a Juris Doctorate (J.D.) or Bachelor of Laws (LL.B.) or Master of Laws (LL.M.) from a school accredited by the American Bar Association (ABA).
  • Bar Membership: All attorney positions require current active bar membership (valid license to practice law). Admission to the bar of any state, District of Columbia, any United States territory or Commonwealth, or Federal Court is acceptable. Active Bar membership must be verified prior to appointment. Employees must maintain active bar membership while employed as an attorney with the FDIC.

Applicants must have met the qualification requirements (including selective placement factors – if any) for this position within 30 calendar days of the closing date of this announcement.

Education:
See requirements stated under Qualifications.