This Position Is No Longer Available
  1. Overview
  2. Duties
  3. Qualifications & Evaluations
  4. Benefits & Other Info
  5. How to Apply

Job Title:Financial Institution Intern (Pathways Internship) CG-599-04

Agency:Federal Deposit Insurance Corporation

Job Announcement Number:2013-KCP-0057

This position is closed and no longer accepting online applications through USAJOBS.

The contents of the announcement can still be viewed.

SALARY RANGE:

$28,378.00 to $45,272.00 / Per Year

OPEN PERIOD:

Tuesday, October 15, 2013 to Monday, November 18, 2013

SERIES & GRADE:

CG-0599-04

POSITION INFORMATION:

Excepted Service, - Full-Time, Internship

PROMOTION POTENTIAL:

04

DUTY LOCATIONS:

4 vacancies in the following location(s):
Sioux City, IA View Map
Hays, KS View Map
Fargo, ND View Map
Grand Forks, ND View Map

WHO MAY APPLY:

Amendment: This announcement has been amended to clarify the transcript requirements in the "How to Apply" section.
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.

JOB SUMMARY:

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 a position in the FDIC Internship Program with the Division of Risk Management Supervision.  After successful completion of the program requirements and based on the FDIC's needs, the selectees may be non-competitively converted to a Term position as a Financial Institution Specialist based upon an evaluation of performance and completion of various skills assessments.  However, service in the Financial Institution Internship Program confers no right to further employment in the competitive or excepted service.

KEY REQUIREMENTS

  • Required to work at remote and multiple work sites.
  • Must successfully pass a background investigation.
  • May require extensive overnight travel.
  • Registration with the Selective Service.
  • U.S. Citizenship is required.
  • Employment Conditions

DUTIES:

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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:

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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.  All requirements must be met by the time of appointment.  


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:

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Interns may be eligible for certain Federal employee benefits.

OTHER INFORMATION:

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.

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

HOW TO APPLY:

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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 noon local 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 (Eastern Standard Time) on the closing date of this announcement to complete the application process.  You are limited to selecting only two (2) location(s) listed for which you would like to be considered.   

Veterans must include a copy of the DD214 to obtain employment preference.  



REQUIRED DOCUMENTS:

Along with providing the Online Assessment Questionnaire, you must provide the following:

1.  A cover letter explaining why you are interested in this position, how your background (i.e., education, experience/interests, volunteer activities, work, etc.) may fit with this position (by the closing date of this announcement).  

2.  A resume (by the closing date of this announcement).

3.  EDUCATION DOCUMENTS: You must submit college transcripts (official or unofficial) showing the classes you are currently enrolled in as well as your overall cumulative GPA. If you are not a student, you must submit proof of enrollment (i.e., letter from the registrar's office or acceptance letter from an accredited educational institution). Your transcript must document the educational requirements for this position. Education must be from an accredited educational institution. For a listing of accredited educational institutions, click here.
4.  A letter of recommendation from a faculty member at your college or university addressing your abilities in one or more of the following areas:  analytical ability; written and oral communication; teamwork and interpersonal skills; organization and time management; and/or leadership and initiative.  The letter of recommendation must be submitted separately by the faculty member by no later than November 18, 2013.  

Instructions for submitting the letter of recommendation:

On the Documents Section of the USAJOBS online application, click on "Fax" next to the "Letter of Recommendation" to generate a fax cover sheet.  Give the fax cover sheet to the faculty member who will be writing your recommendation.  Instruct the faculty member to fax the cover sheet and the letter of recommendation to the fax number listed on the cover sheet.

Note:  The fax cover sheets for required documents MUST be generated BEFORE the announcement closes.

Incomplete application packages will not be considered.

5.  A copy of Veteran's Preference documentation:  If you are claiming veterans' preference, click here.  Veterans should 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 (by the closing date of this announcement).

AGENCY CONTACT INFO:

Bethany Lowry
Phone: 816-234-8133
Fax: 000-000-0000
TDD: 800-925-4618
Email: KansasCityJobs@fdic.gov
Agency Information:
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
1100 Walnut St
Suite 2100
Kansas City, MO
64106
US
Fax: 000-000-0000

WHAT TO EXPECT NEXT:

Thank you for your interest in working for the Federal Deposit Insurance Corporation. 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."

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Job Announcement Number:

2013-KCP-0057

Control Number:

353264900