Comments:

Applicants that applied under vacancy announcement number 08-OPIC-49 will be considered and do not have to reapply.

If you do not provide written answers to the quality ranking factors, your application will be incomplete and you will not receive consideration.

Announcement No.:

09-OPIC-05

Pay Plan - Series Grade:

GS-1101-13/14

Position:

Senior Investment Officer

Department:

Office of the Chief Financial Officer/ Portfolio Management Department

Opening Date:

November 12, 2008

Closing Date:

November 26, 2008

Salary:

$82,961 to $127,442

GS-14

Location:

Washington DC

Type of Appointment:

Full Time / Permanent / Competitive Service

Supervisory Position:

No

Duties:

This position is located in the Portfolio Management Department, which is responsible for managing OPIC's portfolio in a prudent manner that is in keeping with best practices in the areas of accounting, budgeting, and management reporting.  The person selected for this position will be responsible for independently managing a portfolio of complex project and corporate finance loans and other financial instruments in a variety of industry sectors and countries, as well as overseeing all phases of the credit management process, from time of first disbursement to final loan repayment or closeout.  Applicants for this position should have previous experience conducting in-depth credit analyses of projects and project sponsors; creating/updating complex financial models for all projects; negotiating and documenting revisions to terms and conditions of existing loan agreements and other project documents; monitoring financial covenants and project completion requirements; detecting potential problem credits, developing and implementing credit actions and/or workout plans designed to minimize an organization’s loss in adversely risk-rated credits; recommending risk ratings; and determining whether opportunities for new financing exist within existing portfolio.  In addition, the position requires project management and interpersonal skills in order to manage relationships with senior project managers, OPIC and project-appointed consultants, sponsors, guarantors, other creditors, and other parties, and to conduct site visits to examine development of projects and to assess conformity with written documentation.  Candidates should be able to develop financial models utilizing Microsoft Excel and to manipulate the models to perform sensitivity analyses.  Finally, candidates should have an understanding of certain global economic, political and social trends in order to identify risks of operating in countries with less developed legal systems, inconsistent application of existing laws, and pressure from well-connected businesses and individuals, each of which may have an adverse impact on projects.

How to Apply:

Please carefully read this entire announcement.  To be considered for this position, you must submit a complete application to the Human Resources Management (HRM) office by 11:59 p.m. on the closing date.  Postmark dates will not be considered and material received after the closing date and time will not be considered.  Incomplete applications will not be considered.  Complete applicants must be received as of the closing date of this announcement or your application will not be considered. A complete application package includes:

1. OF-612, "Optional Application for Federal Employment" OR any other written format you choose.  Whatever format you use must contain all the information outlined in the OF-612.
2. Please address each Quality Rating Factors separately in written statements.  Be sure to include clear, concise examples of education, experience, and training or self-development activities when addressing the Quality Ranking Factors.
3. For current or former Federal Employees, please submit a copy of your last SF-50.
4. For current or former active duty military member, please submit a copy of your DD214 and if applicable, a copy of your SF15 and DVA Letter with your application.
5. If applying for a position with educational requirements such as an accountant or attorney, please provide a copy of your official transcripts.

Please either mail, fax, or e-mail your application to one of the following:

MAIL TO:
Overseas Private Investment Corporation
Human Resources Management
1100 New York Avenue, N.W.
Washington, DC 20527

FAX TO: 202-408-9853

E-MAIL TO: Jobs@OPIC.gov

Qualification Requirements:

Applicants must have at least 1 year of specialized experience equivalent to the next lower grade-level in the Federal service or public sector.  Specialized experience is experience directly related to the duties of this position and entails the following: 1) managing a portfolio of complex project and corporate finance loans; 2) conducting in-depth credit analyses of projects and project sponsors; and 3) negotiating and documenting revisions to terms and conditions of existing loan agreements and other project documents.  Qualification requirements are based on the U.S. Office of Personnel Management’s “Qualification Standards Operating Manual.”

Qualification requirements are based on the U.S. Office of Personnel Management’s “Qualification Standards Operating Manual”.

Education cannot be substituted at the 13/14 grade level.

OTHER REQUIREMENTS: 1) US citizenship and 2) ability to obtain a "Secret" security clearance.

Competitive examining authority has been delegated to OPIC by the US Office of Personnel Management. Once the application process is complete, a review of your application will be made to ensure you meet the qualification requirements.  Your application will be evaluated and rated under Category Rating and Selection Procedures.  Your application and supporting documentation will be reviewed and compared to your responses to the Quality Ranking Factors (QRFs) to determine if you meet the qualification requirements for this job.  If you meet the qualification requirements for this job, your qualifications will be further reviewed by a Human Resources Specialist and a subject matter expert, OR a panel of subject-matter experts to asses the quality, depth, and complexity of your accomplishments, experience, and education as they relate to the critical experience requirements listed in the vacancy announcement.  You will then be placed in one of the two quality rating categories: 

Qualified Category-Meets the specialized experience outlined in the qualifications requirements section of the vacancy announcement.

• Preference eligibles will be listed ahead of non-preference eligibles within each quality category.
• Qualified preference eligibles with a compensable service-connected disability of 30-percent or more (CPS) and those with a compensable service-connected disability of at least 10-percent but less than 30 percent (CP) will be placed at the top of the highest quality category (except for the scientific  or professional positions at the GS-9 level or higher).
• Names will be referred in veteran’s preference order and non-preference eligibles will be referred in alphabetical order thereafter.

Qualified applicants who are not currently Federal employees, and who do not have reinstatement eligibility based on prior service in permanent positions, must apply through the Delegated Examining process (DEU).  Applicants must have acquired qualifying education or experience by the closing date of the announcement.

APPLICANTS WHO QUALIFY UNDER SPECIAL HIRING AUTHORITIES INCLUDE:

• A preference eligible or a veteran who has substantially completed at least 3 years of continuous active military service and was separated from the military under honorable conditions (VEOA)
• 30% Disabled Veteran
• Veterans' Recruitment Authority (VRA)
• Employment Program for People with Disabilities (Schedule A)
• Interagency Career Transition Assistance Plan (ICTAP) eligibles

You must individually address each Quality Ranking Factor in writing separately from your resume and with no more than two pages per factor.  You are encouraged to describe your training and experience that addresses each factor.  Also, for each factor, please describe a challenging situation you encountered, tell how you responded and what you did, and explain the result of your actions.  If you do not provide written answers to the following questions, your application will be incomplete and you will not receive consideration.

1. Describe a time when you performed a detailed financial analysis in order to detect potentially adverse risk rated loans.  What did you do to ensure minimal loss in adversely risk-rated credits?  What was the outcome?
2. Describe a time you negotiated highly complex loan financings or commercial agreements.
3. Describe a time when you were asked to present and support recommendations for revisions to existing loan documentation.  Who was the audience?  What was the outcome?
4. Experience which demonstrates skill in all aspects of managing a portfolio of complex project and corporate finance loans in a wide variety of industries and countries.  Describe the most complex loan you managed and what actions you took to ensure the financial fidelity of the loan.

Other Information:

Career Transition Assistance Programs:

In addition to the required documents listed in the “How to Apply” section of this job announcement, Federal employees seeking ICTAP/CTAP eligibility must submit proof that they meet the requirements of 5 CFR 330.704 for ICTAP/CTAP.  This includes copies of:  (1) RIF separation notice, OWCP or Federal disability retirement termination notice, etc; (2) current (or last) performance rating of record of at least fully successful or equivalent; (3) position description cover sheet for position from which separated or official document showing full performance level, and (4) latest Notice of Personnel Action, SF 50.  Failure to provide proof of ICTAP/CTAP eligibility will impact your consideration for special selection priority for this position.

Individuals who have special priority selection rights under the Career Transition Assistance Program (ICTAP/CTAP) must be well qualified for the position to receive consideration for the special priority selection.  In order to be determined as a “well qualified” applicant, you must possess the specialized experience (see the “Qualification Requirements”), the Selective Placement Factor (if applicable), and the Quality Ranking Factors for this position.

Veterans' Preference:

 A 5-point preference is granted to veterans who entered military service prior to October 14, 1976, or who have served in a military action for which they received a Campaign Badge or Expeditionary Medal.  However, you may be entitled to 10-point veterans' preference if you are a disabled veteran; you have received a Purple Heart; you are the spouse or mother of a 100% disabled veteran; or you are the widow, widower, or mother of a deceased veteran. If you are claiming 10-point veteran preference, you will need to submit an SF 15, Application for 10-Point Veterans' Preference, plus proof required by that form prior to appointment to a position.

For more information on veterans' preference, please see the Vet Guide.

You may also access the Department of Labor's Expert Advisor system to answer your questions on eligibility for preference.

Applicants with Disabilities:

OPIC provides reasonable accommodations to applicants with disabilities where appropriate.  If you need a reasonable accommodation for any part of the application and hiring process, please notify the agency.  The decision on granting reasonable accommodation will be on a case-by-case basis.  You may call the information number below and you will be put in contact with the staffing specialist for this vacancy announcement.

For mailed forms or further information, call:  (202) 336-8542.

OPIC vacancy announcements and program information is available on www.opic.gov.

General Information:

All qualified applicants will receive consideration without regard to race, age, religion, color, national origin, sex, sexual orientation, physical or mental disabilities, political affiliations or any other non-merit factor.

If selected, you will be required to complete a Declaration of Federal Employment to determine your suitability for Federal employment and to authorize a background investigation.  The agency will also ask you to sign and certify the accuracy of all the information on your application.  If you make a false statement in any part of your application, you may not be hired, you may be fired after you begin work, or you may be fined or jailed.

Male applicants born after December 31, 1959, will be required to complete a pre-employment certification statement for selective service registration prior to appointment.  Failure to comply may be grounds for withdrawal of an offer of employment or dismissal after employment.

If this is a Supervisory position, candidates will be subject to a Supervisory Probationary Period of one year.

Former Federal Employees who return to work for the government after receiving Voluntary Separation Incentive Pay (VSIP) are normally required to repay an amount equal to the VSIP amount received, including Federal taxes that are withheld. This requirement remains in effect for five years after separation.

The OPIC provides an attractive total compensation package that includes salaries under its own pay scale that are competitive with other Federal financial regulators, as well as other benefits, such as comprehensive dental coverage and flexible spending accounts. We offer a variety of employee benefit options and a family-friendly work environment. Benefits available at the OPIC include:

You must be a U.S. citizen to qualify for this position.