Summary This position is located in the Division of Resolutions and Receiverships of the Federal Deposit Insurance Corporation and provides support in the areas of valuation, management, marketing, and disposition of bank premises, owned real estate (ORE), real estate collateral, furniture, fixture and equipment (FF&E) and other personal property assets acquired from failed financial institutions Responsibilities - Reviews a variety of complex real estate and personal property valuation reports obtained by FDIC or contractors to ensure that the correct property has been appraised, appropriate valuation methodology has been used, comparable data is appropriate and reasonable, and that appraisals are in compliance with the Uniform Standards of Appraisal Practice (USPAP) and all FDIC requirements. - Provides evaluation guidance and assistance to FDIC staff and contractors outside of the marketing, management and disposition function in relation to asset valuation such as: appraisal, appraisal review, and consultation services. - Provides a variety of valuation services in support of marketing, management, and disposition of receivership assets. These services include appraisals, appraisals reviews, alternate valuation reports and internal evaluation of real estate and personal property. - Participates in financial institution failure activity to market, and dispose of bank premises, owned real estate, real estate collateral, furniture fixtures and equipment (FF&E) and other personal property assets acquired from failed financial institutions. - Coordinates, oversees and analyzes data related to the real estate industry, recommending or presenting findings that may affect certain Division business initiatives or goals and objectives. Requirements Conditions of Employment Completion Of Financial Disclosure May Be Required. Minimum Background Investigation (MBI) required THIS IS A TEMPORARY ASSIGNMENT NTE 2 YEARS. The selectee will be given a temporary promotion if eligible or be placed on a lateral detail if already serving at the advertised grade level on a permanent basis. This assignment may be terminated early or extended based on management’s needs. If temporarily promoted, the temporary promotion cannot exceed five (5) years, nor can it be made permanent. At the end of the temporary promotion (if temporarily promoted), the employee’s basic pay will be set at the rate received prior to being temporarily promoted, regardless of the length of the temporary promotion. The pay rate shall be increased to reflect pay increases (if any) received while temporarily promoted, as long as the resulting rate does not exceed the new range maximum. Return Rights: If the duration of this temporary assignment is one (1) year or less, the employee will be returned to their permanent position of record. Return rights to the employee’s permanent position of record may be impacted if the temporary assignment lasts over one (1) year (including extensions beyond the initial appointment) and is in a different Division/Office. Office refers to the equivalent of a Division, not a geographic location. When both criteria apply, the temporary and permanent Division/Office must concur on the position to which the employee will be permanently returned to. If the employee’s permanent position of record is no longer available at the conclusion of the temporary assignment, the employee will be placed in a position that is comparable to his or her permanent position (i.e., same series, grade, and duty location). Employees will be notified of what their permanent placement will be prior to accepting temporary assignments that are longer than one (1) year or being extended beyond one (1) year. Change in Duty Location: If the duty location of this temporary assignment is different from the employee’s permanent duty location of record, the employee's duty location may be changed to the temporary duty location for the duration of the assignment if the temporary assignment lasts over one (1) year (including extensions beyond the initial appointment). 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 CG/GS-13 grade level or above in the Federal service. Specialized experience is experience conducting appraisals and alternate valuation reports of real estate and personal property and reviewing appraisal reports for compliance with Uniform Standards of Appraisal Practice (USPAP), regulatory, and industry standards and requirements. 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 There is no substitution of education for the experience for this position. Additional Information Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement. This position is currently eligible for the Remote Work Option (RWO), which is explained here. If electing the Remote Work Option, the duty location is set using the selectee’s primary residence, which must be in the continental United States. Locality pay will be based on the location of the selectee’s primary residence. To read about your rights and responsibilities as an applicant for Federal employment, click here. The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 16.82% to a high of 51.75%. 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. Salary reflects a pay cap for this position of $252,500.