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    These positions are located in the following branches of the Division of insurance and Research: the Center for Financial Research, and the Regulatory Analysis Branch, Headquarters, Washington, DC, of the Federal Deposit Insurance Corporation and conducts economic research in support of the Corporation's efforts to identify, monitor and address critical existing and emerging aggregate risks to the FDIC's deposit insurance funds.

    Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

    Learn more about this agency


    • Plan and coordinate research projects and reports. Develop analytical techniques for economic research of major economic issues.
    • Conduct policy oriented research to develop innovative approaches to identify and solve existing and new problems in economic trends. Prepare and present findings and recommendations.
    • Monitor ongoing economics, financial and banking trends that influence risks to the insurance funds, including trends in the global economy, the U.S. macro-economy, key industry sectors, the markets for money, capital, commodities and foreign exchange, and economic and financial policy issues.
    • Perform research, gather and analyze quantitative data from a variety of sources to identify particular problems to explore; assess the adequacy of existing programs; recommend and implement research based changes.
    • Write descriptions of relevant risks and trends, incorporating accepted methods of economic, financial and statistical analysis, and input of other DIR management and staff to ensure written material reflects the collective judgment of the organization.
    • Orally present analytical results to management and professional staff of the Division, the FDIC and other organizations with an interest in these topics.

    Travel Required

    Occasional travel - Occasional overnight travel may be required.

    Supervisory status


    Promotion Potential


    Who May Apply

    This job is open to…

    Applicants with status (i.e., current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility); those eligible for appointment under special hiring authorities; and veterans eligible for a VEOA appointment.

    (Applicants without status should apply under FDIC announcement 2017-HQD-B1104 to be considered)

    Questions? This job is open to 2 groups.

  • Job family (Series)

    0110 Economist

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    Conditions Of Employment

    • U.S. Citizenship is required.
    • Transcripts Required (unofficial transcripts acceptable)

    Moderate Risk Position - Minimum Background Investigation (MBI) required.

    Employment Conditions.

    Registration with the Selective Service.


    Qualifying experience may be obtained in the Private or public sector. 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. Additional qualifications information can be found here click here.

    1. Basic Requirements:

    A. Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.


    B. Combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.

    YOU MUST PROVIDE ALL TRANSCRIPT(S) (unofficial copy is acceptable)


    2. ADDITIONAL QUALIFICATION REQUIREMENT: In addition to meeting the Basic Individual Occupational Requirement, applicants must meet the defined qualification requirements listed below:

    CG-12: Applicant must have one year of specialized experience equivalent to at least the grade 11 level in the Federal Service. Specialized experience is experience as an economist, working in the financial industry, a regulatory agency, or an insured financial institution, using economic principles and theories to perform economic research and analyses of the financial services industry, financial markets, global economic developments, or economic policy; designing and using financial econometric models; and analyzing written reports and quantitative data.

    EDUCATION: Education may be substituted for experience in qualifying for this position. If qualifying based on education, applicant must possess a Ph.D. or equivalent doctoral degree Applications will be accepted from applicants who expect to complete their Ph.D. by September 15, 2018.

    Combination of education and experience: A combination of graduate level education, and specialized experience as described above, that together meet the qualification requirements for this position.

    Candidates who are selected for the position based on education, must provide documentation of completing all requirements for a Ph. D or equivalent doctoral degree prior to entering on duty.

    CG-13: Applicant must have one year of specialized experience equivalent to at least the grade 12 level in the Federal Service. Specialized experience is experience as an economist, designing models as part of a publication or to meet an institutional objective, using economic principles and theories; performing economic research and analyses of the financial services industry, financial markets, global economic developments, or economic policy; analyzing written reports and quantitative data; and making recommendations.

    CG-14: Applicant must have one year of specialized experience equivalent to at least the grade 13 level in the Federal Service. Specialized experience is experience as an economist, using economic principles and theories in the conceptualization of large or complex economic problems and the development of new techniques; performing economic research and analyses of the financial services industry, financial markets, global economic developments, or economic policy; designing and using financial and econometric models; analyzing written reports and quantitative data; and making recommendations.

    There is no substitution of education for the experience at the CG-13 and CG-14 grade level.

    3. MANDATORY SELECTIVE PLACEMENT FACTOR: In addition, this position has a Selective Placement Factor. You must meet and specifically address this SELECTIVE FACTOR to be considered for this position.

    Candidates must have used modern econometric techniques (including at least one of: panel methods, time series, limited dependent variables/hazard models, instrumental variables/identification methods, or Bayesian methods) as part of a research study and actively involved in its implementation. Furthermore, the research study in question must have empirically tested and/or developed an economic or financial model.

    Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 "well qualified" for this position. For more information, click here.


    Additional information

    To read about your rights and responsibilities as an applicant for Federal employment, click here.

    If selected, you may be required to serve a probationary period.

    How You Will Be Evaluated

    Your resume and the online assessment questionnaire will be reviewed, to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, average number of hours worked per week, and if the position is/was in the Federal government, you should provide the position series and grade level.

    Your resume will also be evaluated to measure your responses to the assessment questions. If you rated yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected.

    The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below. Top ranked candidates will be referred to the selecting official for further review and consideration.

    1. Ability to lead and conduct research and identify techniques to solve problems.
    2. Skill applying the principles, theories, research methods, and techniques of economics and finance (particularly as they apply to the financial system and the operation of depository institutions).
    3. Ability to apply financial, statistical, and mathematical methodologies (such as econometric/time series/statistical and simulation techniques) to illustrate and support conclusions about economic and/or financial trends.
    4. Ability to use software such as spreadsheets, programming, database management, report writing, OX graphical presentation applications (such as SAS, Microsoft Office, and Visual Basic) to compile and provide information for analytical decisions. Plans and carries out economic analyses using multiple software packages to address economic issues related to banking, develop conclusions and present the results of the analysis.
    5. Ability to develop and present oral and written reports and presentations of findings and recommendations to problems.
    You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.

    To preview questions please click here.

    Background checks and security clearance

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    Required Documents

    Please review the following to determine your eligibility and which document(s) is required to complete your application:

    If you are applying for consideration under VEOA and special hiring authorities for veterans, click here.

    applying for consideration under special appointing authorities for people with disabilities, you will be required to provide proof of disability documentation to specify that you are a person who (1) has a severe physical disability; (2) an intellectual disability; or (3) a psychiatric disability . Severe physical disabilities include but are not limited to blindness, deafness, paralysis, missing limbs, epilepsy and dwarfism. The documentation does NOT need to detail your specific disability, medical history or need for accommodation, however, the letter should clearly state that you are eligible for appointment under this authority. THE DOCUMENTATION MUST HAVE BEEN OBTAINED FROM: (a). Licensed medical professionals; or (b). State or private vocational rehabilitation specialists; or (c). Any Government agency (e.g. VA, etc.) that issues or provides disability benefit. To view sample Schedule A proof of disability letters and for more information on this special appointing authority, click here. Please note that employees hired under this Schedule A hiring authority will be required to complete a Standard Form 256 to identify their disability status.

    displaced or surplus Federal employee eligible for consideration under the ICTAP, you must submit proof of eligibility. For more information, click here.

    CURRENT FEDERAL EMPLOYEES OR REINSTATEMENT ELIGIBLE WITH COMPETITIVE STATUS: A copy of your most recent SF Form 50, Notification of Personnel Action, that shows: (1) permanent or career-conditional tenure (codes 1 or 2, in block 24), and (2) position occupied in the competitive service (code 1, in block 34). To be considered as a non- competitive eligible candidate, the SF-50 must show the highest grade level or promotion potential level applicant has attained competitively and grade must be equivalent or higher than the grade for which applying.

    NONCOMPETITIVE CONVERSION ELIGIBLES UNDER A PATHWAYS PROGRAM: If you are applying under this noncompetitive conversion authority, you must provide proof of program completion. A letter from your current agency certifying completion is acceptable documentation.

    FDIC EMPLOYEES: Submit a final signed copy of your most recent Annual Performance Appraisal and Evaluation form.

    EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here. An official transcript will be required if you are selected.

    Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program. For more information, click here.

    If you are relying on your education to meet qualification requirements:

    Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.

    Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

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    A career with the U.S. Government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding.


    Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time, or intermittent. Contact the hiring agency for more information on the specific benefits offered.

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    How to Apply

    To begin, click the "Apply" button and follow the prompts. If you haven't already, register and establish a USAJOBS account. After you register online, click the "Apply" button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click "Submit Application" to complete the application process.

    You must apply online. Applicants requesting an exception from the online process must contact the Human Resources Specialist or contact point listed in this announcement prior to 12:00 noon local time on the closing date.

    To return to your saved application, log in to your USAJOBS

    account and click on "Applications" tab. Click on the "Position Title," and then select "Update Application" or "Additional Application Information" to continue.

    You have until 11:59 p.m. EST (Eastern Standard Time) on the closing date of this announcement to complete the application process.

    Please ensure you have completed the application process by verifying the status of your application on-line to reflect: "Received". Failure to complete the application process will result in an incomplete application and you will not be considered for the position.

    Agency contact information

    Anita Gallman










    Federal Deposit Insurance Corporation
    Human Resources Service Center
    3501 Fairfax Drive
    Arlington, Virginia 22226
    United States
    Learn more about this agency

    Visit our careers page

    Learn more about what it's like to work at Federal Deposit Insurance Corporation, what the agency does, and about the types of careers this agency offers.


    Next steps

    You may check the status of your application on-line 24 hours a day, 7 days a week through USAJOBS by signing in and selecting "Application Status." Thank you for your interest in working for the Federal Deposit Insurance Corporation.

Fair & Transparent

The Federal hiring process is setup to be fair and transparent. Please read the following guidance.

Equal Employment Opportunity Policy

The United States Government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy And gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.

Reasonable Accommodation Policy

Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application process should follow the instructions in the job opportunity announcement. For any part of the remaining hiring process, applicants should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.

A reasonable accommodation is any change in the workplace or the way things are customarily done that provides an equal employment opportunity to an individual with a disability. Under the Rehabilitation Act of 1973 the Equal Employment Opportunity Commission (EEOC) must provide reasonable accommodations:

  • An applicant with a disability needs an accommodation to have an equal opportunity to apply for a job.
  • An employee with a disability needs an accommodation to perform the essential job duties or to gain access to the workplace.
  • An employee with a disability needs an accommodation to receive equal access to benefits, such as details, training, and office-sponsored events.

Legal and regulatory guidance

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/485693000. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.