Chief, Resolution Readiness (Systemic Resolution Planning), (Public)

Job Title

Systemic Resolution Planning Section Chief

Duties

The Systemic Resolution Planning (SRP) Section is located within the Dodd-Frank Act (DFA) Strategic Planning Sub-Branch and is primarily responsible for developing and maintaining institution-specific resolution planning documents for Global Systemically Important Financial Institutions (GSIBs) under Title II of the DFA.

The DFA Strategic Planning sub-branch is responsible for formulating actionable strategic options for the resolution of U.S. GSIBs and other systemically important financial institutions using the Orderly Liquidation Authority (OLA), or Title II of the DFA.

As the Chief, Resolution Readiness (SRP), the incumbent is responsible for the following:

• Leads staff in designing and proposing to senior management, resolution strategy options for systemically important financial institutions, accounting for the unique profile of individual institutions or types of institutions; identifies alternative resolution strategies, operational impediments, policy considerations, and potential systemic risks.
• Develops and maintains operational readiness for conducting resolutions for systemically important financial institutions, develops policies and procedures documenting resolution processes, and executes resolution strategies and processes for failing or failed institutions.
• Plans, directs, coordinates, and evaluates the work of subordinate analysts and serves as a subject matter expert to staff engaged in a wide range of activities related to resolution planning and execution for systemically important financial institutions under Title II of the DFA. These activities include the review, analysis, and evaluation of plans prepared by firms required to file resolution plans pursuant to Title I of the DFA, and preparation of Title II resolution plans.
• Collaborates with other groups within FDIC, other domestic and international