Job Information
National Institute of Standards and Technology Senior Advisor for Transaction Risk in Washington, District Of Columbia
Summary This notice is issued under direct-hire authority in response to the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act of 2022 for which NIST has a critical hiring need. Responsibilities The Transaction Risk Principal is responsible for conducting detailed transaction-level risk reviews of CHIPS grant, loan, and loan guarantee applications, ensuring CPO transactions align with program objectives and established risk policies and procedures. The Transaction Risk Principal works closely with the Transaction Risk Director, Chief Risk Officer, and the CHIPS Investments and Strategy teams to evaluate and structure transactions by providing independent risk analysis, conduct comprehensive risk assessments, and assign risk ratings. Specifically, this includes: Conducting independent credit and risk analysis of deal structures, project sponsors, and investors. Contributing to the development of strategies to reduce or mitigate risks in transactions and realize improved outcomes. Risk rating transactions according to established guidelines and scorecards. Applying final risk parameters for inclusion in credit subsidy models. Developing risk assessments and reports of individual transactions for presentation to CPO leadership and governance committees. Continuously re-assessing portfolios and re-rating risks as necessary. Providing guidance and training to junior staff members on transaction risk analysis and rating Requirements Conditions of Employment Qualifications This position requires one year of specialized experience equivalent to at least the GS-13 (ZA-3 at NIST) level. Specialized experience is defined as: Experience as a credit or risk professional at a government agency financial assistance or lending program, bank, investment bank, insurance company, asset manager, or other financial institution. Experience conducting transaction risk assessments and rating risks for corporate and project finance lending to industrial, manufacturing, or technology companies. Strong communication skills with ability to raise issues and work constructively across functions to achieve practical resolutions. 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. The qualification requirements in this vacancy announcement are based on the U.S. Office of Personnel Management (OPM) Qualification Standards Handbook. If requesting reconsideration of your qualification determination, please refer to the following site: Applicant Reconsideration Education Qualifications are based upon meeting specialized experience only. Education cannot be used to qualify for this position. Additional Information This position is covered under NIST's Alternative Personnel Management System (APMS), a pay-for-performance system with excellent HR flexibilities to help NIST recruit and retain top talent. Learn more about the APMS here! We may share your application package with other selecting officials at NIST with opportunities like this one. Additional selections may be made through this vacancy. Click all links in this vacancy announcement to view additional information or instructions. You MUST select at least ONE ELIGIBILITY to be considered for this position. All documents submitted for this announcement must be legible to make qualification or eligibility determinations. A trial period may be required. This position requires filing of an OGE-450 Confidential Financial Disclosure Report within 30 days of onboarding and annually thereafter. NIST strives to build a flexible and encouraging work environment to bring out the best in our employees. To help our employees balance responsibilities at home and at work, NIST offers a variety of work-life flexibilities such as: Telework Flexible work schedules Paid parental leave Paid vacation Sick leave Family-friendly leave Childcare subsidy program for qualifying families Back-up child care program Child and elder-care resources On-site childcare center Lactation spaces Wellness programs Fitness center Employee assistance programs
