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Asset Marketing Specialist, CG-1101-13/14
Asset Marketing Specialist, CG-1101-13/14-April 2024
Virtual
Apr 1, 2026
About Asset Marketing Specialist, CG-1101-13/14

  Summary This position is located in the Division of Resolutions and Receiverships, Asset Marketing and Management Branch of the FDIC. The incumbent serves as a technical expert in the area of asset marketing and exercises responsibility for the analysis, valuation, marketing, and sales activities related to asset portfolios of all levels of complexity retained from failed financial institutions. Responsibilities Asset Marketing: Markets large and complex financial institution assets including loans, participations, leases, credit cards, servicing rights, subsidiary-held assets, and owned real estate utilizing various disposition strategies such as loan sales and structured transactions. Serves as a principal point of contact on matters related to the preparation of bid packages that contain legal sale documents, the structuring of asset pools, the marketing of financial institution’s assets to maximize bidder interest and purchase price, and related reporting requirements. Oversees contracted loan sale and financial advisors engaged to support sale activities and evaluates the work products to ensure established requirements and standards in the contract are met. Asset Valuation: Serves as SME in the valuation of complex failed financial institution assets, including loans, participations, leases, credit cards, servicing rights, subsidiary-held assets, and owned real estate, assuring proper internal controls are utilized to minimize risk of pricing errors for assets sold. Reviews, analyzes, recommends approval of valuation, report deliverables that determine liquidation and market values for all types of assets and are utilized for sale disposition decision making. Data Analysis: Gathers and analyzes financial and other information concerning the assets of the failed financial institution and interacts with staff of the failed bank, other government agencies, loan sale and financial advisors, and collaborates with asset managers and loan servicing personnel to address any data or documentation issues that arise throughout the marketing and sale process. Manipulates complex data files to reflect pooling and sale results, and develops and presents findings and recommendations to senior management and committee members. Requirements Conditions of Employment Registration with the Selective Service. U.S. Citizenship is required. Employment Conditions. 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. CG-13: Applicants must have one year of specialized experience equivalent to the grade 12 level or above in the Federal service. Specialized experience is experience in the analysis, valuation, marketing and sales activities related to asset portfolios held by financial institutions, including at least two of the following: portfolios of loans, participations, leases, credit cards, servicing rights, subsidiary-held assets, or owned real estate. CG-14: Applicants must have one year of specialized experience equivalent to the grade 13 level or above in the Federal service. Specialized experience is experience in the analysis, valuation, marketing, and sales activities related to asset portfolios held by financial institutions, including portfolios of loans, participations, leases, credit cards, servicing rights, subsidiary-held assets, and owned real estate. 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. Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 “well qualified” for this position. For more information, Click Here. Education There is no substitution of education for the experience for this position. Additional Information Selectee(s) for this position will be required to report to their duty station office at least 1 day per pay period beginning January 2, 2024, and at their supervisor’s direction to support mission and project needs. In person reporting requirements are expected to increase in July 2024. 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. If selected, you may be required to serve a probationary or trial period as applicable to appointment type. To read about your rights and responsibilities as an applicant for Federal employment, click here. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

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