Summary The CHIPS Program Office at NIST is seeking a Chief Risk Officer to join its senior leadership and lead execution of the CHIPS Incentives Program's risk management strategy. The CRO provides strategic leadership across enterprise, financial, operational, regulatory, reputational, and transaction-level risks. This position may be filled at either ZA-0340-V ($169,279-$197,200 annually) or CHIPS 25 AD-0301-00 ($220,000-$292,300 annually), based on qualifications and organizational needs. Responsibilities Serving as a principal advisor to CHIPS leadership on risk governance, transaction risk assessments, risk analytics, and organizational risk management Collaborating with investment, legal, financial, and program teams to evaluate and manage risk Advising the CHIPS leadership team on emerging risks, risk exposures, and mitigation strategies to support informed investment decisions and achievement of mission priorities Leading the Risk Management Office, a team of risk and compliance analysts dedicated to identifying, assessing, reporting, and monitoring risk at CPO Overseeing a comprehensive enterprise risk management framework and strategy that aligns with CPO implementation goals and objectives Overseeing the identification, assessment, and management of enterprise-wide risks, including financial, operational, regulatory, and reputational risks Leading CHIPS compliance efforts which includes managing the internal controls program Managing communication with CHIPS oversight entities including OIG, GAO, and Congress Collaborating with business units and CPO senior leadership to integrate risk management into the CPO's decision-making process and ensure risks are effectively managed Providing regular briefings to both CPO and Department Leadership to ensure effective risk oversight Requirements Conditions of Employment Qualifications Extensive experience in enterprise risk management, investment risk, credit risk, portfolio management, compliance, financial analysis, transaction structuring, corporate finance, investment banking, private equity, consulting, or related fields Education No Education Requirement Additional Information This position will be in the excepted service as a non-competitive appointment under the CHIPS Act authority. This position is covered under the APMS pay scale. This is a term position; the term is negotiable up to 4 years. This position does not confer non-competitive conversion to the competitive service. Acceptance of an excepted service appointment from applicants in the competitive service will require a written statement of understanding when voluntarily leaving the competitive service. A trial period may be required. This position requires the passing of a drug test This position requires the filing of an OGE-450 Confidential Financial Disclosure Report or OGE-278 Public Financial Disclosure Report within 30 days of onboarding and annually thereafter All applicants will be forwarded to the selecting official for consideration. This public notice is a mechanism to collect applications. You will not receive notification of referral, selection/non-selection. Once a selection has been made, it will be submitted separately from this announcement and then this announcement will be cancelled. Under this CHIPS hiring authority, applicants are not rated and ranked and veteran's preference does not apply. NIST strives to build a flexible and encouraging work environment to bring out the best in our employees. To help our employees balance responsibilities at home and at work, NIST offers a variety of work-life flexibilities such as: Telework Flexible work schedules Paid parental leave Paid vacation Sick leave Family-friendly leave Child and elder-care resources On-site childcare center Lactation spaces Wellness programs Fitness center Employee assistance programs
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