This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/466570800. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2017-HQ-B0032. However, if you desire consideration also under this public non-status announcement, you must apply to both. Status applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.
Candidates selected for the Financial Institution Specialist (FIS) position in the FDIC Corporate Employee Program will be placed in a career-conditional appointment in the competitive service with a one year probationary period. Financial Institution Specialists will be assigned to an FDIC Field Office and participate in an intensive training program incorporating formal classroom training, self-study, and work assignments located in and outside of the employee's official duty station. Financial Institution Specialists must complete all training benchmarks and obtain a commission as a Financial Institution Examiner in Risk Management, Compliance or Resolutions and Receiverships in order to be promoted to the CG-11 level. Specialists who do not complete these requirements within 4 years will be separated from employment.
The salary range shown is the CG-7 FIS base salary range without the locality pay adjustment. To view the locality pay adjustments for the advertised duty locations, click here. The starting base salary for candidates selected under this announcement is generally set at $50,000, plus the locality rates for their assigned locations. The CG-7 FIS is considered an entry-level trainee position and the intention is for candidates to receive starting base salaries. In rare circumstances, the FDIC may offer a higher base salary to candidates who supply documented proof that they have earned a higher salary in a related position; however, determinations will be made on a case-by-case basis. Approved pay exceptions virtually never exceed 10% of the basic pay rate. Current FDIC employees will have their pay set in accordance with the FDIC’s internal pay setting policy.
03/27/2017 to 03/31/2017
$50,000 - $64,832 per year
CG 07
14 vacancies in the following locations:
Permanent - Full-Time.
Full-time - Competitive Service
12
No
2017-HQD-B0031
466570800
Click here to view a video about the Corporate Employee Program and the Financial Institution Specialist position.
Financial Institution Specialists perform developmental assignments and receives on-the-job and formal classroom training designed to provide practical experience in the risk management, consumer protection/compliance, resolutions and receiverships, and deposit insurance functions of the FDIC.
Financial Institution Specialists assigned to the supervision function participate in the assessment of financial institutions to determine the existence of unsafe and unsound practices; violations of law and regulation; the adequacy of internal controls/procedures; the general character of management; compliance with consumer protection, fair lending and related laws and regulations, and the Community Reinvestment Act. They also write comments and analyses for inclusion in examination reports and meet with insured depository institution officials to discuss the findings of an examination and, if necessary, any corrective programs.
Financial Institution Specialists assigned to the resolutions and receivership management function participate in planning and marketing for the sale of failed financial institutions and their assets; the preparation of information packages and pro-forma statements; the closing of failed institutions and the determination of deposit insurance claims; oversight and management of failed institution assets; investigation of potential receivership claims; and the management of receiverships through termination.
Moderate Risk Position--Minimum Background Investigation (MBI) Required.
Selectees are expected to spend up to four years working in the duty location offered until the requirements are met to be commissioned as a financial institution examiner or resolutions and receiverships specialist. Reassignment or transfer to a different duty location is highly unusual and will be made only in exceptional and rare circumstances.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement, as allowed by regulation.
If selected, you will be required to serve a one year probationary period.
Financial Institution Specialists must maintain the highest personal ethical standards as provided in Part 336 of the FDIC's Rules and Regulations, (Employee Responsibilities and Conduct). Financial Institution Specialists must comply with Section 3201.102 of Supplemental Standards of Ethical Conduct for FDIC Employees (5 CFR Part 3201), which, in part, prohibits them and their immediate families from accepting certain credit from State nonmember banks. All Financial Institution Specialist are prohibited from the following: 1. Obtaining a loan or a line of credit from any FDIC-insured state nonmember bank or its subsidiaries (either within or outside of the jurisdiction of the employee's assigned field office) except a loan or line of credit secured by a primary residence issued under the same terms and conditions available to the public from an FDIC-insured state nonmember bank. Any extensions of credit held by the Specialist, the Specialist's spouse, or any dependent children are extensions of credit to the Specialist. The Specialist must not participate in any examination of that institution with which he holds the primary residence loan, and a "cooling off" period is required before negotiating a loan for a primary residence from any institution the Specialist has examined. Financial Institution Specialists may obtain and hold a credit card account established under an open end consumer credit plan and issued by an FDIC-insured State non-member bank or its subsidiaries. 2. Participating in any examination, or other matter, involving an insured depository institution or any person with whom the Specialist has an outstanding loan or line of credit. 3. Performing any service for compensation with any bank, or for any officer, director, or employee thereof, or for any person connected therewith. 4. Disclosing any confidential information from a bank examination report except as authorized by law. 5. Soliciting or accepting any gift from a prohibited source or because of the Specialist's official position.
You will be evaluated for this job based on how well you meet the qualifications above.
Your resume will be reviewed, including the online assessment questionnaire, 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, the duties performed, and if the position is/was in the Federal government, the position series and grade level. If you rated yourself higher on the assessment questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected.
If you are found qualified, you will be placed in one of several categories: Best Qualified, Highly Qualified, Well Qualified, Fully Qualified, or Qualified, based upon the degree to which your background and responses to the assessment questions match the qualification requirements of the position. Within these categories, candidates eligible for veterans' preference will receive selection priority over non-veterans. The highest-ranked candidates for each location may be invited to Arlington, VA to participate in a 3-day assessment process from June 5-10, 2017, at the FDIC's expense.
Candidates who are selected to participate in the event will be contacted no earlier than 2 weeks prior to the event date. If invited, attendance will be required to receive further employment consideration. During the event, candidates are assessed on several job-related factors by means of taking the following assessments: a written assessment consisting of a proofreading exercise and a written essay, a math assessment, a persuasive oral presentation assessment, a teamwork assessment, and a structured interview. The assessments and the interview are governed by a set of benchmarks. Hiring decisions are made based on governing regulations and the candidate’s performance against the benchmarks of each assessment.
To preview questions please click here.
Please review the following to determine what documents are required to be submitted as part of your application.
EDUCATION DOCUMENTS: To receive consideration based on education, you must submit all of your college transcripts that document all of the educational requirements for this position (unofficial transcripts are acceptable) by the closing date of this announcement. 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 and qualifying based on education.
VETERANS' PREFERENCE: If you are claiming veterans' preference, click here. (Note: Veterans must submit the Member 4 copy of the DD 214, Certificate of Release or Discharge from Active Duty - or other copy showing the type of discharge/character of service [e.g., Honorable, Under Honorable Conditions, etc.] along with any other required documents.)
FDIC CAREER TRANSITION ASSISTANCE PROGRAM (CTAP) OR INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a displaced or surplus FDIC or Federal employee eligible for consideration under the CTAP or ICTAP, you must submit proof of eligibility. For more information, click here
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.
To begin, click the "Apply Online" button and follow the prompts to register and establish a USAJOBS account, complete the online assessment questionnaire, and submit all required documents. Please be sure to click "FINISH" 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 p.m. EST (Eastern Standard Time) on the closing date. To return to your saved application, log in to your USAJOBS account and click on "Application Status." Click on the "Position Title," and then select "Apply Online" to continue. You have until 11:59 p.m. EST on the closing date of this announcement to complete the application process. Applicants may apply and be considered for only one location on this announcement (the location selected as first priority on the assessment questionnaire). Failure to select a location will render the application incomplete.
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.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/466570800. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
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