Political Risk Insurance Monitoring Specialist

Organization
U.S. International Development Finance Corporation
Location
Washington, DC
Job Type
Full-time, permanent
Deadline for Applications
03/21/2023
How to Apply
All applications must be submitted on USAJobs no later than 11:59 pm (EST) on March 21st, 2023
Where to Apply
https://www.usajobs.gov/job/709174700
Tags
Full-time
This position is located in the Office of Structured Finance and Insurance (OSFI). The position is responsible for handling the full range of monitoring existing political risk and re-insurance contracts and undertakes all tasks required to process contract amendments, to provide advocacy services and to efficiently process claim payment requests. You will provide support to management in critical independent action involving analysis of issue of existing insurance contracts.
Major Duties:
As a Political Risk Insurance Monitoring Specialist, you will:
• Support the oversight of all phases of the insurance monitoring process, from time of contract execution to contract termination.
• Works in the Agency’s project management system for insurance to communicate the status of projects and produces portfolio reports from data in the Agency’s project management system. Provides user support to insurance staff in the Agency’s project management system to ensure effective and accurate data collection and reporting.
• Conducts in-depth analyses of existing portfolio to support management in issues relating to the administrative, financial, technical, economic, legal, marketing, and/or political circumstances.
• Determines the level of concentration risk in the portfolio for a given industry or country.
• Studies the investment conditions and political climate in order to assess country-related macroeconomic and microeconomic risks and political risk. Anticipates and supports management in dealing with problems that might arise.
• Supports the processing of insurance claims with other DFC Offices.
Please Note: This is a Bargaining unit position represented by AFGE, local 1534.
Conditions of Employment:
• Must be a U.S. Citizen or National
• Males born after 12-31-59 must be registered for Selective Service
• Must submit resume and supporting documents (See How To Apply)
• Suitability for Federal employment, as determined by a background investigation
• May be required to successfully complete a probationary period
• Must be able to obtain and maintain a secret security clearance
• This position will require foreign travel to developing countries
Qualifications:
Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement.
You may qualify at the GS-09 level, if you fulfill one of the following qualification requirements:
A. One year of specialized experience equivalent to the GS-07 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience on a team conducting political risk analysis of international finance transactions in developing countries;
2) Experience on a team identifying with international financial and/or economic issues to identify political, economic or credit risks;
3) Experience producing reports for senior management; and
4) Experience working with a team or under the supervision of an experienced specialist on international investments or international financial transactions while working at a political risk insurer, broker, commercial bank, consulting firm, investment bank, international financial institution, international non-profit, or multilateral organization.
OR
B. A master’s or equivalent graduate degree in an accredited or pre-accredited college or university; or 2 full years of progressively higher level graduate education leading to such a degree; or possession of a LL.B. or J.D degree, if related. Graduate level education must demonstrate the competencies necessary to do the work of the position;
OR
C. A combination of education and experience as listed above.You may qualify at the GS-11 level, if you fulfill one of the following qualification requirements:
A. One year of specialized experience equivalent to the GS-09 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience on a team conducting political risk analysis of international finance transactions in developing countries;
2) Experience on a team identifying international financial and/or investment policy issues to identify political, economic or credit risks;
3) Experience managing data of a portfolio and producing reports for senior management; and
4) Experience working with a team or under the supervision of an experienced specialist on international investments or international financial transactions while working at a political risk insurer, broker, commercial bank, consulting firm, investment bank, international financial institution, international non-profit, or multilateral organization.
OR
B. A Ph.D. or equivalent doctoral degree; or 3 full years of progressively higher level graduate education leading to such a degree; or possession of a LL.M. degree, if related. Graduate level education must demonstrate the competencies necessary to do the work of the position;
OR
C. A combination of education and experience as listed above.You may qualify at the GS-12 level, if you fulfill the following qualification requirements:
A. One year of specialized experience equivalent to the GS-11 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience independently conducting political risk analysis of international finance transactions in developing countries;
2) Experience identifying international financial and/or investment policy issues to identify political, economic or credit risks;
3) Experience independent managing data of a portfolio and producing reports for senior management; and
4) Experience working with international investments or international financial transactions while working at a political risk insurer, broker, commercial bank, consulting firm, investment bank, international financial institution, international non-profit, or multilateral organization.
Note: Education is not substitutional at this grade level.Please Note: Applicants may be asked to perform a work sample/simulation during the interview stage. Work sample tests require applicants to perform tasks or work activities that mirror the tasks employees perform on the job. This will be used to assess your competency in written communication.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.