Health Insurance Operations Manager jobs in District of Columbia

Duties

• Provides direction and oversight to establish, maintain, reconcile and monitor invoices for all banking services with the U.S. Treasury, Federal Reserve Banks, Federal Home Loan Banks, and commercial and other banks or financial institutions on behalf of Deposit Insurance Fund (DIF). Oversees approved automated clearing house (ACH) transactions (including the quarterly assessment collection ACH), wire transfers, and other funds transfer activities, including corporate checks, Intra- governmental Payments and Collections (IPACs), and other inter-fund and intergovernmental transfers.
• Manages the cash and investments systems by overseeing the access, operation, and accuracy of all systems, including the New Financial Environment (NFE) for transactions posting to the corporate general ledger and for check printing; various US Treasury applications including the Secure Payment System, the Central Accounting Reporting System (CARS) and IPAC; and PORTIA (the investment portfolio system), FEDline, and proprietary software.
• Assists the Deputy Director with the efficiency and productivity of Treasury Operations including making and implementing divisional and corporate policy. Directs the development and documentation of all policies and procedures.
• Serves as manager of Treasury Operations Sections annual assurance statement. Advises senior management on and participates directly with senior management in the development of proposed strategic and short-term goals and objectives of the funding, investment and cash management program. Directs the development of implementation plans within designated timeframes. Manages daily funding of FDIC Corporate operations by identifying, documenting and tracking cash receipts and cash disbursements, initiating daily funding wires to cover disbursements from the commercial bank account, tracking and recording investment income, and determining cash resources in excess of daily funding requirements.
• Serves as an FDIC expert on policy, procedure, laws, regulations, and other matters relating to DIF funding, investment, and cash management.
• Provides oversight of the FDIC Savings Plan by overseeing the contract of the FDIC Savings Plan Committee’s outside financial advisor, maintaining and periodically updating the FDIC Savings Plan Investment Policy, working with staff from the Division of Administration and Legal to provide support to the FDIC Savings Plan Committee on a range of 401 (k) issues such as employee communications, financial analysis of existing and potential investment options, and other related topics. Negotiates and periodically updates any formal line of credit agreements or Note Purchase Agreements (NPAs) for the DIF, and any formal memorandum of understanding (MOU) for the Orderly Liquidation Fund (OLF). Analyzes the credit quality of all major banks, brokers/dealers, custodians, and issuers of securities authorized for investment.
• Oversees the purchase and/or sale of longer-term nonmarketable Treasury securities through the Government Account Series Program, in a manner that is consistent with the quarterly investment strategy of the FDIC’s Investment Advisory Group.
• Maintains liaison with other Federal agencies and consultants to keep abreast of government-wide initiatives and industry trends affecting the funding, investment, and cash management programs. Represents the FDIC and establishes and maintains contact with professional cash and investment management organizations, counterparts in other divisions/offices of FDIC, and internal customers of the Division of Finance. Serves as principal advisor on cash management and investment-related matters to the Deputy Director. Serves as the Corporate subject matter expert on funding issues related to the Corporation’s Orderly Liquidation Authority (OLA). Develops policies and procedures related to the Corporation’s borrowing and repayment of OLF financing in the event of a Title II failure. Participates on agency-wide and/or interagency exercises to ensure operational readiness.
• Fulfills all supervisory responsibilities including, but not limited to, assigning and reviewing work products, assessing employee performance, providing counseling and coaching as necessary, reviewing and approving leave, training and travel requests. Manages performance effectively and provides guidance and feedback to assist others in enhancing their knowledge, skills and abilities. Directs and coordinates training and development of staff.
• Ensures that Equal Employment Opportunity (EEO), Diversity, Equity, Inclusion, and Accessibility (DEIA), employee development, employee performance, and other personnel plans, processes, and programs are executed equitably consistent with Corporate policy, legal requirements, and the mission of the Division; organizes, coordinates, and manages the work of diverse teams of employees by assigning work, developing employee skills, assessing/monitoring employee performance, and promoting inclusion.

Requirements

Conditions of Employment

Employment Conditions.

Registration with the Selective Service.

U.S. Citizenship is required.

Completion of Financial Disclosure may be required.

High Risk Position - Background Investigation (BI) required.

Employee may be relocated to any duty location to meet management needs.

How You Will Be Evaluated

• Benefits

  A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

  In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.

  To find out more, click here.

  Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.

• Required Documents

  As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.

  Failure to provide all of the required documentation as stated in this vacancy announcement, may result in an ineligible determination or may affect your consideration status. Please review the following to determine your eligibility and which document(s) is required to complete your application.

  VETERANS’ PREFERENCE: If you are claiming veterans’ preference, click here. (Note: Veterans must submit the Member 4 copy of the DD 214, Certificate of Release or Discharge from Active Duty – or other copy showing the type of discharge/character of service [e.g., Honorable, Under Honorable Conditions, etc.] along with any other required documents (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans’ preference eligibility.)

  If you are relying on your education to meet qualification requirements:

  Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.

  Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

• How to Apply

  To begin, click the “Apply” button and follow the prompts. If you haven’t already, register and establish a USAJOBS account. After you register online, click the “Apply” button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click “Submit Application” to complete the application process. You must apply online.

  Applicants requesting an exception from the online process must contact the Human Resources Specialist or point of contact listed in this announcement prior to 12:00 noon local time on the closing date.

  To return to your saved application, log in to your USAJOBS account and click on “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” to continue.

  You have until 11:59 p.m. ET (Eastern Time) on the closing date of this announcement to complete the application process.

  Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.

  Agency contact information

  Kaitlin McGrath

  Phone

  703-220-1505

  Fax

  000-000-0000

  Email

  kmcgrath@fdic.gov

  Address

  Federal Deposit Insurance Corporation
  Human Resources Branch, Executive Services Staff
  3501 Fairfax Dr.
  Room VS-D3026
  Arlington, Virginia 22226
  United States

  Next steps

  You may check the status of your application on-line 24 hours a day, 7 days a week through USAJOBS by signing in and selecting "Application Status." Thank you for your interest in working for the Federal Deposit Insurance Corporation.

• Fair and Transparent

  The Federal hiring process is set up to be fair and transparent. Please read the following guidance.

  • Equal Employment Opportunity (EEO) Policy
  • Reasonable accommodation policy
  • Financial suitability
  • Selective Service
  • New employee probationary period
  • Signature and false statements
  • Privacy Act
  • Social security number request

Required Documents

Clarification from the agency

Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2024-CM-MP-0014. However, if you desire consideration also under this public non-status announcement, you must apply to both announcements. Status applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.