Careers That Count
The FDIC’s Division of Resolutions and Receiverships (DRR) promotes confidence in the financial system by paying insured depositors quickly when a financial institution fails and effectively managing failed financial institution receiverships. Institutions generally are closed by their chartering authority - the state regulator or the Office of the Comptroller of the Currency – and resolved by DRR. The FDIC has several options for resolving institution failures but the most common is to sell the deposits and loans of the failed institution to another institution. Customers of the failed institution automatically become customers of the assuming institution, and the transition is seamless from the customer's point of view.
Why Join the FDIC?
The FDIC supervises a majority of the country’s community banks. These institutions are vital to America’s local economies and communities by providing critical financial services to farmers, small businesses, entrepreneurs, and local governments.
As a team member of DRR, you will play an important role supporting the FDIC’s mission of maintaining stability and public confidence in the nation’s financial system by effectively managing failed bank receiverships and resolving any failing financial institution under any circumstance and paying insured deposits in a timely manner.
The FDIC offers employees highly competitive compensation, a generous benefits program, extensive career development opportunities, and an inclusive work environment. DRR has established a training program to include required micro and macro simulations to prepare each functional area for closing activities.
Other highlights of our benefits and work culture:
Commitment to Diversity, Equity, Inclusion and Accessibility – The FDIC is committed to and supportive of diversity, equity, inclusion, and accessibility by creating and supporting an inclusive work environment that recognizes and appreciates all employees’ perspectives and talents, provides employees with opportunities to reach their highest potential, and attracts and retains the most talented employees. DRR initiatives includes mentoring programs, HBCU and minority recruitment, Let's Connect Events and diversity dialogue group sessions, All Employee Calls facilitated by Office of Minority and Women and Inclusion (OMWI).
Professional Development – The FDIC strongly supports and promotes training and professional development to refine your talents and leadership skills and to ensure you are successful in resolutions and receiverships functions. DRR has established a training program to include required micro and macro simulations to prepare each functional area for closing activities.
Highly Competitive Pay – The FDIC compensates its employees generously, based on established pay tiers for each position and taking into account employees’ salary history. Visit the Compensation Details page to learn more.
Telework Options – DRR offers employees Home-Based Office Telework, Expanded Telework and Traditional Telework Options. Ad-Hoc requests for telework will be reviewed and approved at the discretion of the supervisor. For more information, please reference the FDIC Telework Options Page.
Work/Life Balance – We offer reasonable work hours, flexible work schedules, and telework opportunities to help employees lead a fulfilling life outside of work.
Employee Benefits – FDIC provides employees with highly competitive compensation, generous benefits compensates. For additional information, visit the Employee Benefits page.
What will you do?
American banking consumers look to the FDIC to ensure that financial institutions keep their money safe, treat them fairly, provide them with products and services that help them meet their financial goals, and serve the needs of their communities.
As a member of the DRR team, some of the positions and duties you will perform include:
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| Entry Level Positions and Duties |
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Pathway Intern position eligibility: Students who have completed the sophomore year of school (60 semester hours) and who have been accepted for enrollment or are enrolled and seeking a degree (diploma, certificate, etc.) in a qualifying educational institution on a full or half-time basis; have at least a cumulative (overall) 2.5 grade point average; and remain in good academic standing.
Recent Graduate position eligibility: Applicants who have graduated within the last 2 years, or will graduate by the closing date of position, and have completed a qualifying degree or certificate from a qualifying educational institution. Veterans unable to apply within 2 years of receiving their degree, due to military service obligation, may have their eligibility period extended.