- Position Title
- Investment Insurance Officer
- Agency
- Development Finance Corporation (formerly Overseas Private Investment Corporation)
- Announcement Number
- 24-OE-DE-12402969-BN Opens in new window
- Open Period
- Wednesday, May 1, 2024 to Tuesday, May 21, 2024
For preview purposes only. To apply, please return to the USAJOBS announcement and click the Apply button.
Eligibilities
1.
Do you claim Veterans’ Preference?
2.
Are you a current or former federal employee displaced from the agency hiring for this position? If yes, confirm:
To verify your eligibility, you must submit supporting documentation such as a Reduction in Force (RIF) separation notice or a Proposed Removal/Separation notice to include your latest performance rating (if the notice does not have this information included, you must submit a copy of your most recent performance appraisal) and a copy of your latest Notification of Personnel Action, Standard Form 50.
- you are located in the same local commuting area of the vacancy; AND,
- you are applying to a position that is at or below the grade level of the position from which you were or will be separated; AND,
- you are applying to a position that does not have greater promotion potential than the position from which you were or will be separated; AND,
- your last performance rating of record is at least fully successful or the equivalent.
To verify your eligibility, you must submit supporting documentation such as a Reduction in Force (RIF) separation notice or a Proposed Removal/Separation notice to include your latest performance rating (if the notice does not have this information included, you must submit a copy of your most recent performance appraisal) and a copy of your latest Notification of Personnel Action, Standard Form 50.
3.
Are you a current or former federal employee displaced from a position in a Federal agency other than the agency hiring for this position? If yes, confirm:
To verify your eligibility, you must submit supporting documentation such as a Reduction in Force (RIF) separation notice to include your latest performance rating (if the notice does not have this information included, you must submit a copy of your most recent performance appraisal) and a copy of your latest Notification of Personnel Action, Standard Form 50.
- you are located in the same local commuting area of the vacancy; AND,
- you are applying to a position that is at or below the grade level of the position from which you were or will be separated; AND,
- you are applying to a position that does not have greater promotion potential than the position from which you were or will be separated; AND,
- your last performance rating of record is at least fully successful or the equivalent.
To verify your eligibility, you must submit supporting documentation such as a Reduction in Force (RIF) separation notice to include your latest performance rating (if the notice does not have this information included, you must submit a copy of your most recent performance appraisal) and a copy of your latest Notification of Personnel Action, Standard Form 50.
Preferences
1.
Select the lowest grade you are willing to accept for this position.
2.
Are you a federal retiree receiving an annuity?
3.
Political, Schedule C, Non-career SES Appointee: In the last five years, based on the closing date of this announcement, have you been or are you currently an employee in the Executive Branch serving on a political, Schedule C, or Non-career SES appointment? If yes, and you are selected through this vacancy announcement, you may be required to obtain approval by the Office of Personnel Management (OPM) prior to beginning employment.
A political appointee is an appointment made by the President without confirmation by the Senate (5 CFR 213.3102(c)) OR an Assistant position to a top-level Federal official if filled by a person designated by the President as a White House Fellow (5 CFR 213.3102(z)). A Non-career SES appointee is approved by the White House and serves at the pleasure of the appointing official without time limitations. A Schedule C appointee occupies a position excepted from the competitive service by the President, or by the Director, OPM, because of the confidential or policy-determining nature of the position duties.
A political appointee is an appointment made by the President without confirmation by the Senate (5 CFR 213.3102(c)) OR an Assistant position to a top-level Federal official if filled by a person designated by the President as a White House Fellow (5 CFR 213.3102(z)). A Non-career SES appointee is approved by the White House and serves at the pleasure of the appointing official without time limitations. A Schedule C appointee occupies a position excepted from the competitive service by the President, or by the Director, OPM, because of the confidential or policy-determining nature of the position duties.
4.
Have you accepted a buy-out/Voluntary Separation Incentive Payment (VSIP) within the past 5 years?
Recruitment Source
1.
How did you learn about this job opportunity?
2.
If you selected 'Other' in the preceding question, please tell us where you heard about this job opportunity.
Assessment 1
For items 1-3, please read the following statements carefully. Your response to the following questions will determine whether you will be eligible for this position or not. If you respond "No" to any question in this section, you will not be eligible for consideration for this position.
1.
I certify that, to the best of my knowledge and belief, all of the information included in this questionnaire will be true, correct, and provided in good faith. I understand that if I make an intentional false statement, or commit deception or fraud in this application and its supporting materials, or in any document or interview associated with the examination process, I may be fined or imprisoned (18 U.S.C. 1001); my eligibilities may be cancelled, I may be denied an appointment, or I may be removed and debarred from Federal service (5 C.F.R. part 731). I understand that any information I provide may be investigated. I understand that responding "No" to this item will result in me not being considered for this position.
2.
Are you willing to submit to an initial and periodic background investigation, including a fingerprint check and a credit check?
3.
Are you willing to complete an annual financial disclosure?
We will evaluate your resume and responses to this Assessment Questionnaire to determine if you are among the best qualified for this position. Your responses are subject to verification and must be supported by your resume and supporting documents.
4.
For GS-12: Do you possess at least one year of specialized experience that is equivalent in difficulty and complexity to the GS-11 level in the Federal service? Specialized experience is defined as experience that is in or directly related to the line of work of this position and has equipped you with the knowledge and competencies to successfully perform the duties of this position. More specifically, this requirement involves:
1) Experience working with a team under close supervision on international projects or investments while working at a political risk insurance firm, commercial bank, consulting firm, investment bank, international project development company, international financial institution, or multilateral organization;
2) Experience working on political risk analysis of business ventures; and
3) Experience identifying issues in at least one of the following three areas: political, economic or credit risks (e.g. due diligence, risk exposure, detailed credit analysis, market analysis, private investments).
Do you possess this experience?
1) Experience working with a team under close supervision on international projects or investments while working at a political risk insurance firm, commercial bank, consulting firm, investment bank, international project development company, international financial institution, or multilateral organization;
2) Experience working on political risk analysis of business ventures; and
3) Experience identifying issues in at least one of the following three areas: political, economic or credit risks (e.g. due diligence, risk exposure, detailed credit analysis, market analysis, private investments).
Do you possess this experience?
5.
For GS-13: Do you possess at least one year of specialized experience that is equivalent in difficulty and complexity to the GS-12 level in the Federal service? Specialized experience is defined as experience that is in or directly related to the line of work of this position and has equipped you with the knowledge and competencies to successfully perform the duties of this position. More specifically, this requirement involves:
You may qualify at the GS-13 level, if you fulfill one of the following qualification requirements: One year of specialized experience equivalent to the GS-12 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience conducting political risk analysis of business ventures in developing countries;
2) Experience identifying issues in at least two of the following three areas: political, economic or credit risks (e.g. due diligence, risk exposure, detailed credit analysis, market analysis, private investments); and
3) Experience analyzing the underlying causes of changes in investment conditions and political climate in a developing country.
Do you possess this experience?
You may qualify at the GS-13 level, if you fulfill one of the following qualification requirements: One year of specialized experience equivalent to the GS-12 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience conducting political risk analysis of business ventures in developing countries;
2) Experience identifying issues in at least two of the following three areas: political, economic or credit risks (e.g. due diligence, risk exposure, detailed credit analysis, market analysis, private investments); and
3) Experience analyzing the underlying causes of changes in investment conditions and political climate in a developing country.
Do you possess this experience?
6.
For GS-14: Do you possess at least one year of specialized experience that is equivalent in difficulty and complexity to the GS-13 level in the Federal service? Specialized experience is defined as experience that is in or directly related to the line of work of this position and has equipped you with the knowledge and competencies to successfully perform the duties of this position. More specifically, this requirement involves:
1) Experience completing the full range of origination of international political risk insurance contracts;
2) Experience guiding potential clients through the eligibility requirements, application process, investment policies requirement and approval process at a political risk insurance company;
3) Experience identifying pertinent host country political risks related to projects and applying these analyses to determine what risks should be covered and excluded in a political risk insurance contract; and
4) Experience developing networks and customer contacts to identify new business opportunities.
Do you possess this experience?
1) Experience completing the full range of origination of international political risk insurance contracts;
2) Experience guiding potential clients through the eligibility requirements, application process, investment policies requirement and approval process at a political risk insurance company;
3) Experience identifying pertinent host country political risks related to projects and applying these analyses to determine what risks should be covered and excluded in a political risk insurance contract; and
4) Experience developing networks and customer contacts to identify new business opportunities.
Do you possess this experience?
For each task in the following group, choose the statement from the list below that best describes your experience and/or training. Select only one letter for each item. Failure to support your answer to this questionnaire in your resume may result in a lowered score or loss of consideration.
Select the one statement that most accurately describes your training and experience carrying out each task using the scale provided.
7.
Conducts reviews and analysis of political, social, and economic conditions in a specific country to be reviewed by a more senior specialist.
8.
Identify macroeconomic and microeconomic risks and political risks to a project located in developing countries.
9.
Analyze how international events impact the current and future business operations of companies operating internationally.
10.
Conducts project due diligence including on political risks, financing structures and financial models.
11.
Conducts reviews and analysis of political, social, and economic conditions in a specific country where a complex or sensitive project is located to determine project feasibility.
12.
Reviews applications for political risk insurance for investments in developing countries according to established policies and procedures.
13.
Identifies pertinent host country political risks related to projects and applying these analyses to determine what risks should be covered and excluded in a PRI contract.
14.
Independently conducts in-depth project due diligence including on political risks, financing structures and financial models.
15.
Independently originates political risk insurance coverages for pioneering investment structures in developing countries.
16.
Independently originates political or credit risk insurance related to project financings located in developing countries while working with export credit agencies (e.g., EximBank).
17.
Independently advises investors on whether the proposed project is insurable.
18.
Assist a senior specialist in analyzing insurance applications to determine if they meet a corporation's project eligibility requirements, including corporate mandates and/or objectives, and identify possible issues.
19.
Provide feedback to an internal team on whether a proposed simple or non-complex international project is insurable. Identify with supervision whether there are problems or restrictions that would make the project, investment or investor ineligible for a company's program.
20.
Perform risk evaluation under supervision on simple or non-complex international transactions.
21.
Performs risk evaluation on proposed complex international projects.
22.
Analyzes project finance-related elements of projects that can have an impact on the assessment of political risks.
23.
Provides analysis of the relevant risks related to a variety of complex investment structures, including special purpose vehicles and funds, located in developing countries.
24.
Reviews Power Purchase Agreements and other related contracts for power projects (particularly renewable energy projects) located in developing countries in order to assess possible political risk insurance coverages.
25.
Studies laws and practices regarding investment and foreign exchange in country of proposed investment, as well as the investment conditions and political climate.
26.
Places political risk and/or credit insurance while working with brokers.
27.
Assists in negotiation of the terms and conditions of insurance and re-insurance contracts.
28.
Independently negotiates and executes detailed, complex and medium to long-term political risk insurance contracts with eligible insured investors.
29.
Composes clear, concise, and logical documents or correspondence with limited scope and complexity involving international business operations for use by a senior specialist.
30.
Composes in a clear and concise manner memoranda on business or financial data related to projects or companies located in developing countries.
31.
Drafts the terms and conditions of political risk insurance contracts.
32.
Summarizes in writing, due diligence conducted on political risks, financial structures, and financial models associated with investors seeking political risk insurance.
33.
Summarizes in writing, the underlying causes of changes in investment conditions and political climate in a developing country.
34.
Independently prepares project memoranda in writing, that concisely explain the structure of investments in less developed countries.
35.
Independently summarizes in writing, due diligence conducted on political risks, financial structures, and financial models associated with investors seeking political risk insurance.
36.
Independently prepares project memoranda in writing, for presentation to approval committees.
37.
Independently drafts the terms and conditions of political risk insurance contracts.
38.
Assist a senior specialist in the planning, processing and execution of international projects aimed at achieving organizational goals and objectives.
39.
Determines opportunities for insurance or business transactions in developing countries and industries.
40.
Develops new relationships with clients seeking political risk insurance for projects located in developing countries.
41.
Independently develops and sustains relationships with corporate, multilateral, and bilateral representatives to ensure early identification of future projects with potential for enhanced participation.
42.
Works with U.S. and foreign private sector and government officials, as well as with representatives of multilateral and bilateral development finance institutions in order to expand the business pipeline for risk mitigation services.