Closing Date: 15th April, 2024

Description:

Summary
This position is located in the Resolution & Receivership Unit, Resolution and Receivership Branch and is responsible for providing legal advice and assistance in connection with the A Government Entity's resolution of failing and failed insured depository institutions and related entities.

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

Duties:
  • Serves as subject matter expert within the A Government Entity Legal Division in one or more of the following subject matters or practice areas: (i) resolution of failed or failing Insured Depository Institutions (IDIs); (ii) real estate law and law relating to the acquisition, sale, development and construction of real property; (iii) commercial and secured lending law; (iv) affordable housing law and transactions; (v) general contract law; (vi) law governing lending and lenders; (vii) mortgage servicing, including Fannie Mae, Freddie Mac and Ginnie Mae mortgage origination and servicing requirements; or (viii) environmental law and transactions.
  • Provides legal advice, oversight and assistance primarily to Division of Resolutions and Receivership (DRR), Division of Complex Institution Supervision and Resolution (CISR), Division of Finance (DOF), Division of Risk Management Supervision (RMS), Division of Depositor and Consumer Protection (DCP), and Division of Administration (DOA) personnel and professional in-house staff or outside counsel on legal issues arising out of the Corporation's role as receiver or liquidator of failed financial institutions.
  • Assists with negotiation and consummation of settlements, workouts, and restructuring agreements that arise from the liquidation of failed financial institutions.

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.

Bar membership required.

Minimum Background Investigation (MBI) required

The candidate selected will be offered a time limited appointment not-to-exceed 2 years, which may be extended to a maximum of four years based on workload requirements and organizational staffing authorizations.

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

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 conducting legal research, drafting memoranda and other legal documents; formulating recommendations; and presenting analysis, conclusions, and recommendations.

Education:
See requirements stated under QUALIFICATIONS.