Summary
This position is located in DFC's Office of the General Counsel (OGC). The successful candidate will serve as an Assistant General Counsel and advise on the legal and policy aspects of DFC's distressed projects portfolio.Major Duties
The U.S. International Development Finance Corporation (DFC), established in 2019 with bipartisan support under President Trump, is America's development finance institution. DFC partners with the private sector to advance U.S. foreign policy and strengthen national security by mobilizing private capital around the world. DFC invests across strategic sectors including critical minerals, modern infrastructure, and advanced technology - fostering economic development, supporting U.S. interests, and delivering returns to American taxpayers. As an Assistant General Counsel (Special Assets) you will work with the special assets and portfolio teams to: Negotiate and document DFC restructurings/workouts and lead DFC project teams through bankruptcies and collection actions across the globe and across sectors, including for project financings, infrastructure loans, corporate loans, and loans to investment funds and other financial intermediaries. Dollar values vary but often involve complex documentation in emerging markets. Transactions include: Restructuring (both in and out-of-court) distressed or underperforming debt for improved credit terms and equity-linked upside (e.g., warrants, convertible instruments, or profit participation); and Selling/disposing of distressed or underperforming debt in secondary markets or to strategic investors. Develop and implement creative and effective workout strategies and advise on collection strategy, alternatives to litigation, and inter-creditor workout arrangements. Serve as "first chair" in negotiations with borrowers, sponsors, multilateral development banks, development finance institutions, export credit agencies, commercial lenders and other creditors. Support other monitoring and portfolio related matters from time to time. Analyze foreign and international law issues, advise on corporate matters, litigation and other dispute resolution strategies, jurisdiction, and DFC policy matters. Manage outside counsel. Please Note: This is not a Bargaining unit position.Evaluations
1. Minimum Requirements: Your application must show that you meet all requirements, including the education and/or experience required for this position. You will be found "not qualified" if you do not possess the minimum competencies required for the position. If your application is incomplete, we will rate you as ineligible. 2. Referral: Since this is an Excepted Service position, a non-rated method of evaluation will be used. We will evaluate your application by comparing your description of your work experience, level of responsibility, and accomplishments with the requirements of the position to determine whether you meet all the qualification requirements. Although competitive examining rules for rating and ranking and veterans' preference do not apply, veteran's preference will be considered as a positive factor. Applicants are encouraged to self-identify their veteran preference on their resume. Candidates who meet all the qualification and other eligibility requirements will be referred to the selecting official for consideration. If invited to participate in an interview with members of OGC you may be asked to provide a legal writing sample to further evaluate your knowledge, skills, and abilities.How to Apply
If you have questions about this job, please contact the HR Office representative listed in the "Agency Contact Info" section of this vacancy announcement. Do not submit photographs with your application package. Documents with photographs may not be seen by hiring officials - you must remove your image from any badges, licenses, etc. If your resume includes a photograph or other inappropriate material or content (e.g. SSN or DOB), your resume will not be used to make an eligibility and qualification determination, and you will not be considered for this vacancy. Do not upload Adobe portfolio documents. Adobe portfolio documents are not viewable by our agency's staffing offices. It is your responsibility to ensure all required documents have been submitted prior to the closing date of the announcement.What to Expect Next
Once your online application is submitted you will receive a confirmation notification by email. If you are selected for an interview for this position, you will be contacted directly. A final job offer for this position is typically made within several weeks after the closing date of the vacancy announcement. After confirming a job offer, all other applicants will be notified of their non-selection.Required Documents
To apply for this position, you must submit a complete Application Package which includes: Your resume showing work schedule, hours worked per week, dates of employment and duties performed. IMPORTANT UPDATE: Your resume must not exceed two (2) pages. If your resume exceeds the two-page limit, you will be removed from consideration for this announcement. Cover Letter, optional Your responses to the job questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/12917085 Upon selection, you will be required to provide official transcripts and proof of active bar membership.Other Information
Positions may be filled in either DFC's office in downtown New York City or DFC's office in downtown Washington, D.C. Salary will be based upon the locality pay areas, as defined by OPM, and will be adjusted based upon the selectee's duty location. Work Schedule: This position allows for a flexible work schedule. Telework: The selectee may be eligible for situational telework, per agency policy. Miscellaneous: DFC uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit http://www.uscis.gov/e-verify. If selection is made below the full performance level, promotion up to the full performance level may be made without further competition. However, promotion(s) will depend on the performance of the incumbent and are not guaranteed. Recruitment and relocation incentives may be authorized for this position. This is an open continuous announcement and applications will be extracted as vacancies occur. Under the Fair Chance to Compete Act, the U.S. International Development Finance Corporation prohibits requesting an applicant's criminal history prior to accepting a tentative job offer (TJO). Please visit https://www.dfc.gov/who-we-are/careers/fairchanceact for more information.
