Job Title:Financial Institution Intern (Pathways Internship)
Agency:Federal Deposit Insurance Corporation
Job Announcement Number:2013-ATLP-0054
This position is closed and no longer accepting online applications through USAJOBS.
The contents of the announcement can still be viewed.
/ Per Year|
|Monday, April 22, 2013 to
Friday, May 03, 2013|
SERIES & GRADE:
|Excepted Service, -
|1 vacancy -
Raleigh, NCView Map|
1 vacancy -
Richmond, VAView Map
1 vacancy -
Scott Depot, WVView Map
WHO MAY APPLY:
|Applicants who are enrolled at least half-time as students in an accredited 4-year college or university who have completed at least the sophomore year in college when they enter the program; have a cumulative (overall) GPA of at least 3.0; are majoring in a certain specified field, (see Qualifications Required); and are in good academic standing.|
The Federal Deposit Insurance Corporation (FDIC) is one of the most respected forces in America's financial community. Our mission is to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.
The FDIC is ranked as the Number #1 best place to work among mid-sized agencies in the Federal Government.
The applicants selected will be offered an excepted service appointment without time limitation. After successful completion of the program requirements and based on the FDIC's needs, the selectee may be non-competitively converted to a Term or Permanent position. However, service in the FDIC Internship Program confers no right to further employment in the competitive or excepted service.
The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 5.22% to a high of 8.82%. Pay will vary by the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.
Announcement amended to extend closing date to Friday, May 3, 2013. Announcement amended to extend the deadline for recommendation letters to Monday, May 13, 2013.
- Registration with the Selective Service.
- U.S. Citizenship is required.
- Required to work at remote and multiple work sites.
- Must successfully pass a background investigation.
- May require extensive overnight travel.
DUTIES:Back to top
Most interns will work directly on teams with experienced FDIC employees to evaluate bank operations, business planning, risk management strategies, and consumer protection practices during a period in which banks are still recovering from the stress of the recent financial crisis. These teams are responsible for assessing financial institutions to determine whether they are following safe and sound banking practices, maintaining effective controls and procedures, managing their institutions effectively, and complying with all applicable laws and regulations, including those relating to consumer protection, privacy, community reinvestment, and fair lending.
QUALIFICATIONS REQUIRED:Back to top
Applicants must be seeking a bachelor or higher degree at an accredited college/university with a major in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position; have completed two full academic years towards the degree; and have completed 3 semester hours in accounting by June 2013.
CG-4: Completion of 2 full academic years of post-high school study or associate's degree leading to a bachelor's degree.
Low Risk Position - National Agency Check Investigation (NACI) required.
HOW YOU WILL BE EVALUATED:
Applicants must meet the OPM qualification standards. Applicants must be in good academic standing with at least a cumulative (overall) 3.0 GPA.
Your application package will be reviewed to determine if you meet the eligibility and qualification requirements outlined in this announcement. The application package must include all required supporting documents (on-line assessment questionnaire, resume, cover letter, transcripts, and letter of recommendation). If you meet the basic eligibility and qualification requirements and have submitted all required documents, your application package may be forwarded to the selecting official for further review and consideration based on FDIC's needs.
Qualified applicants who are eligible for veterans' preference will have selection priority.
To preview questions please click here.
BENEFITS:Back to top
Interns may be eligible for certain Federal employee benefits.
Extensive travel may be required as bank examinations are conducted on-site at banks, sometimes at great distance from the FDIC office. Interns are reimbursed for travel expenses, but are responsible for their own transportation to bank examination sites where public transportation may not be available.
Interns will be responsible for providing their own housing, but will receive a one-time $2500 stipend (in addition to bi-weekly salary) at the beginning of the program.
Relocation expenses will not be paid. Interns will be responsible for their own travel expense to the duty location where they are appointed.
If selected, you may be required to serve a trial period.
All selectees must sign a Pathways Participant Agreement.
To be eligible for conversion to the competitive service, you must complete 320-640 hours of work experience; meet the OPM qualification standards for the target position, which includes six (6) semester hours in accounting coursework; meet the requirements of the FDIC Pathways Agreement and successfully perform; and complete various skills assessments.
To read about your rights and responsibilities as an applicant for Federal employment, click here