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

Job Title:Budget Analyst

Agency:Federal Retirement Thrift Investment Board

Job Announcement Number:FRTIB-14-MP-036-1115541

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

The contents of the announcement can still be viewed.


$89,924.00 to $116,901.00 / Per Year


Wednesday, May 07, 2014 to Thursday, May 22, 2014




Full Time - Permanent


1 vacancy in the following location:
Washington DC, DC View Map


Status Candidates (Merit Promotion and VEOA Eligibles)


Public Trust - Background Investigation




The Thrift Savings Plan (TSP) is widely considered to be one of the best retirement plans in the world and a model for defined contribution plans.  We are seeking a champion for its continual improvement.

The FRTIB is an Independent Federal Agency responsible for administering the Thrift Savings Plan (TSP).  We help Federal employees and members of the Uniformed Services retire with dignity by providing benefits similar to private sector 401(k) plans.  The Thrift Savings Plan (TSP) is widely considered to be one of the best retirement plans in the world and a model for defined contribution plans. 

 Mission - Our Core Purpose

Administer the TSP solely in the interest of the participants and beneficiaries

 Core Values - What We Stand For


The FRTIB is looking for a highly qualified and motivated individual to serve as a Budget Analyst, with responsibility for planning, managing, and executing the Agency’s budget program, operations, financial analysis, and day-to-day oversight of all aspects of budget and financial activities.


  • Occasional Travel
  • Approximately 5%


  • No


  • U.S. Citizen
  • Suitable for Federal employment, determined by a background investigation
  • Male born after 12-31-59 must be registered for Selective Service
  • Relevant experience (see Qualifications below):


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The major duties of the position are:

·         Performing a wide range of financial analyses and assessments of budget, financial, and other fiscal-related administrative matters that are critical to the effective operation of the Office of Financial Management and the Agency;


·         Demonstrating a mastery of the Federal laws, regulations, and practices governing Agency budget and fiscal operations;


·         Performing duties related to budget preparation and monitoring of all aspects of the budget process;


·         Conducting financial analysis and reporting of financial reports and contractors;

·         Participate in the establishment of the Agency’s multi-year budget planning activities and all aspects of the budget process, including budget formulation, execution and compliance.


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To qualify for this position, applicants must meet the specialized experience as described below:

Specialized Experience: Experience that has equipped the applicant with the particular knowledge, skills, and abilities to perform successfully the duties of the position and is typically in or directly related to the work of the position to be filled and is equivalent to the next lower grade level.


GS-13: The Specialized Experience is defined as comparable to GS-12 grade level which involved experience planning, analyzing, formulating, justifying, executing, and monitoring multi-year fiscal budgets, and manipulating an excel spreadsheet to assist in budget activities.


Education may not be substituted for experience at this grade level.


YOUR APPLICATION PACKAGE WILL NOT RECEIVE CONSIDERATION IF IT LACKS ANY OF THE REQUIRED DOCUMENTS UNDER THE "REQUIRED DOCUMENTS" TAB.Applicants must meet basic eligibility requirements such as Time-in-Grade, minimum qualifications, and other regulatory requirements by the close date of this announcement.


Time-in-Grade: Applicants who have held a General Schedule (GS) position within the last 52 weeks must meet the Time-in-Grade Requirement, which is 52 weeks of Federal Service at the next lower grade, (GS-12 for GS-13).


Your resume will be reviewed to ensure you meet the minimum qualification requirements.  Applicants meeting minimum qualifications will further be evaluated on information provided in the Questionnaire.  The questionnaire collects information on your education, training, and experience related to the following competencies:


Financial Budget and Program Analysis, Financial Management Resources and Planning, Reconciliation and Financial Reporting, and Interpersonal Relationships.To preview this questionnaire, click on the following link View Assessment Questions

If you are found Well-Qualified for this vacancy, your application will be referred to the selecting official for further review.  Well-Qualified means, you must meet all the minimum qualification standards and be assessed and assigned a rating of at least Well-Qualified to receive special selection priority.  You must provide proof of eligibility with your application to receive selection priority.  When a sufficient pool of candidates has been determined, then only that group will be referred to the selecting official for further consideration.


If you rate yourself higher than is supported by your application materials, your responses may be adjusted and/or you may be excluded from consideration for this job.


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Working for the Federal Retirement Thrift Investment Board offers a comprehensive benefits package that includes, in part, paid vacation, sick leave, holidays, life insurance, health benefits, and participation in the Federal Retirement System.  The Federal Retirement Thrift Investment Board also has agency specific benefits including flexible work schedules and the possibility of student loan repayment.

The following web address is provided for your reference to explore the major benefits offered to most Federal employees.  To find out more click here


Alternate work schedule options may be available.


Limited Telework may be available.


If you use public transportation, part of your transportation costs may be subsidized.  Our human resources office can provide additional information on how this program is run.


Direct deposit: Direct deposit of pay is required.


Interagency Career Transition Assistance Program (ICTAP).   The ICTAP provides eligible displaced Federal competitive service employees with selection priority over other candidates for competitive service vacancies.  If your agency has notified you in writing that you are a displaced employee eligible for ICTAP consideration, you may receive selection priority if this vacancy is within your ICTAP eligibility, you apply under the instructions in this announcement, and you are found well-qualified for this vacancy.  Well-qualified means, you must meet all the minimum qualification standards listed above and be assessed and assigned the rating of at least Well-Qualified to receive special selection priority.

You must provide proof of eligibility with your application to receive selection priority.  Such proof may include a copy of your written notification of ICTAP eligibility or a copy of your separation personnel action form.  Information about ICTAP eligibility is on OPM's Career Transition Resources website at

Selective Service: If you are a male applicant born after December 31, 1959, you must certify that you have registered with the Selective Service System, or are exempt from having to do so under the Selective Service Law.  See

Veteran's Preference: If you are claiming veterans’ preference, you must submit documentation described in the "Required Documents" section.  For more information regarding veteran's preference please go to

Relocation incentives:  No relocation expenses will be paid for this position. 

Probationary Period: One-year trial/probationary period may be required.

Background Suitability Investigation: Continued employment is contingent upon satisfactory completion of a background investigation and the granting of a Federal suitability or security clearance.

Temporary Duty Travel: TDY for this position is 5 percent.


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To begin the process, click the Apply Online button to create an account or log in to your existing USAJOBS account.  Follow the prompts to complete the occupational questionnaire.  Please ensure you click the Submit my Answers button at the end of the process.

It is strongly recommended you use the USA JOBS Resume Builder for your resume format.

Note: To check the status of your application or return to a previous incomplete application, log into your USAJOBS account, select Application Status, and click on the More Information link under the application status for this position.


To fax supporting documents you are unable to upload, complete this cover page using the following 1115541.


If you cannot apply online:
1. Click the following link to view and print the occupational questionnaire View.
2. Print 1203FX form to provide your response to the questionnaire, and
3. Fax the completed 1203FX form along with any supporting documents to 1-478-757-3144.  Your 1203FX will serve as a cover page for your fax transmission.

The complete application package must be submitted by Thursday, May 22, 2014.

NOTE: If all required documents are not received by the closing date, you will be rated ineligible, and your application will not move forward to the selection official.


Please be advised, the following documents are required even if you are already a current Federal or FRTIB employee:

1. Resume (Please include on your resume the experience you wish to be considered for the review of your qualifications, the dates of employment with month and year, and hours worked per week). Resumes that do not contain all of the necessary information to determine qualifications may be marked as insufficient and applicants may not receive consideration for this position.  Your latest resume submission is the one that will be used to determine your qualifications. 
2. OF-306, please visit for a fillable OF-306 form.

3. Responses to questionnaire.

4. You must submit documents verifying your eligibility along with your application package.  These documents may include, but are not limited to: your most recent non-award SF-50, Veteran’s Preference documentation e.g. DD-214 or equivalent, terminal leave orders, SF-15, VA letter, etc; ICTAP documentation, e.g. RIF separation notice along with last performance rating or appraisal; and/or College Transcripts – this will be necessary if the position has an education requirement, or if you are qualifying based on a combination of education and experience, or solely on education.


FRTIB Personnel
Phone: (202)942-1600
Agency Information:
Federal Retirement Thrift Investment Board
77 K Street NE
Suite 1000
Washington, DC


Once the online questionnaire is received you will receive an acknowledgement email that your submission was successful.  Based upon your score, you may be referred to the hiring official.  If your name is referred to the hiring official, you may be contacted directly by the office for a possible interview.


Once this process has been completed, you will receive notice via email (or by mail if no email address was provided during the application process).  This process is generally completed within 4-6 weeks.

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