This position is located in the Division of Insurance and Research, HQ Office of the Federal Deposit Insurance Corporation. The incumbent serves as a Financial Economist and is responsible for conducting financial and economic analyses and other projects in support of the Corporation’s efforts to identify, monitor and address existing and emerging aggregate risks to the Corporation’s deposit insurance fund.Learn more about this agency
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Monitoring ongoing economics, financial and banking trends that influence risks to the insurance funds, including trends in the global economy, the U.S. macroeconomy, key industry sectors, the markets for money, capital, commodities and foreign exchange, and economic and financial policy issues.
Gathering and analyzing written reports and quantitative data from a wide variety of sources that speak to these issues.
Constructing original, informative visual aids, including charts, simulations, and other graphical methods to convey complex information quickly and clearly to non-technical audiences.
Working with staff and management of the Division and other FDIC business units to identify and define appropriate topics of inquiry related to economic trends and their implications for the banking industry.
Writing descriptions of relevant risks and trends, incorporating accepted methods of economic, financial and statistical analysis, and also incorporating the input of other DIR management and staff to ensure that written material reflects the collective judgment of the organization.
Orally presenting analytical results to the management and professional staff of the Division, the FDIC and other organizations with an interest in these topics.
Participating in the design, production, and administrative of publications to disseminate written analysis to audiences within and outside the FDIC, as appropriate.
Occasional travel - This position requires overnight travel.
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.
Questions? This job is open to 2 groups.
Job family (Series)
Conditions Of Employment
QualificationsQualifying 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.
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)
RESUME MUST INCLUDE MONTH/DATE/YEAR OF DEGREE EARNED
2. ADDITIONAL QUALIFICATION REQUIREMENT: In addition to meeting the Basic Individual Occupational Requirement, applicants must meet the defined qualification requirements listed below:
CG-13: Applicants must have one year of specialized experience equivalent to the grade 12 level or above, in the Federal service. Specialized experience is experience working as an economist using economic principles and theories to evaluate, collect, and analyze economic data of the financial services industry, financial markets and/or national, international, and/or regional economic developments; and/or to develop new techniques and methodology to address risks to the deposit insurance fund.
CG-14: Applicants must have one year of specialized experience equivalent to the grade 13 level or above, in the Federal service. Specialized experience is experience working as an economist using economic principles and theories to evaluate, develop and conduct research of the financial services industry, financial markets and/or national, international, and/or regional economic developments; and/or design and use financial and econometric models, write and present reports identifying new techniques and methodology to address risks to the deposit insurance fund.
There is no substitution of education for the experience for this position.
Applicants must have met the qualification requirements (including selective placement factors - if any) for this position within 30 calendar days of the closing date of this announcement.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined "well qualified" for this position. For more information, click here.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
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.
- Knowledge of 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).
- 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.
- Ability to use software such as spreadsheets, programming, database management, report writing, or graphical presentation applications (such as; SAS, Microsoft Office, and Visual Basic) to compile and provide information for analytical decisions.
- Skill and facility in the organization, direction, and coordination of complex and difficult research programs in the areas of economic policy, the financial system and banking operations.
- Ability to communicate in writing, through various reports and publications, technical information to FDIC staff and members of the financial and banking community.
- Ability to work within the organization to build consensus on issues and achieve results as part of a team.
To preview questions please click here.
Background checks and security clearance
Please review the following to determine your eligibility and which document(s) is required to complete your application:
VETERANS EMPLOYMENT OPPORTUNITY ACT (VEOA) ELIGIBLES AND SPECIAL HIRING AUTHORITIES FOR VETERANS: If you are applying for consideration under VEOA and special hiring authorities for veterans, click here.
SPECIAL APPOINTING AUTHORITIES FOR PEOPLE WITH DISABILITIES: If you are 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.
INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a 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 digitally signed copy of your most recent Annual Performance Appraisal and Evaluation form. The final PDF form is also acceptable.
If you are relying on your education to meet qualification requirements:
You MUST submit a copy of your transcript if you want to substitute your education for experience. If you claim qualifications based on education, and do not submit a transcript, your education will not be used in making a qualification determination and you may be found "not qualified".
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.
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.
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
Human Resources Service Center
3501 Fairfax Drive
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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.
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 and hiring process 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/487218000. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.