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ECONOMIST

Executive Office of the President
Office of Management and Budget
This job announcement has closed

Summary

If you are a status candidate, please apply under Announcement OMB-17-33-TC-MP.

The Office of Management of Budget is a component within the Executive Office of the President that helps Federal departments and agencies implement the commitments and priorities of the President. As the implementation and oversight arm of government-wide policy, OMB carries out its mission through five critical processes that are essential to the implementation of Presidential priorities: (1) Budget development and execution; a significant government-wide process managed from OMB and a mechanism by which a President implements decisions, policies, priorities, and actions in all areas; (2) Management - oversight of agency performance, Federal procurement, financial management, and information/IT; (3) Coordination and review of all significant Federal regulations by executive agencies, to reflect Presidential priorities and to ensure that economic and other impacts are assessed as part of regulatory decision-making, along with review and assessment of information collection requests; (4) Legislative clearance and coordination (review and clearance of all agency communications with Congress, including testimony and draft bills) to ensure consistency of agency legislative views and proposals with Presidential policy; and (5) Executive Orders and Presidential Memoranda to agency heads and officials, the mechanisms by which the President directs specific government-wide actions by Executive Branch officials.
To learn more about OMB, please visit http://www.WhiteHouse.gov/OMB.

The Economic Policy Division in the Office of Management and Budget (OMB) is an advisory unit with about six Ph.D. economists. Together, we provide expertise across many fields, including tax, labor, education, finance, and macroeconomics. We work with other components within OMB and the Executive Office of the President on developing policy proposals, estimating budgetary costs, and responding to other requests from leadership. We report to the Chief Economist of OMB and have numerous interactions with the Director's Office.

**Notice: More than one selection may be made within 90 days of the issuance of the certificate, if additional vacancies occur.

Promotion to the next highest grade level is neither guaranteed nor implied.

Overview

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Hiring complete
Open & closing dates
07/26/2017 to 08/09/2017
Salary
$79,720 to - $123,234 per year
Pay scale & grade
GS 12 - 13
Location
Washington DC, DC
Few vacancies
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-Time
Service
Promotion potential
15
Job family (Series)
Supervisory status
No
Security clearance
Secret
Announcement number
OMB-17-33-TC-DE
Control number
475361700

This job is open to

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Duties

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This position is located in the Executive Office of the President (EOP), Office of Management and Budget (OMB), Economic Policy Division. This Division is responsible for economic research and participates in a wide range of cross-cutting economic studies. The Division includes economists specializing in a variety of fields.

The focus of this position is in macroeconomics and/or finance, with some portion of work likely in other fields of economics as needed.

The applicant is expected to:

  • Research issues in macroeconomics and/or financial economics with high relevance to the fiscal condition of the Federal Government.
  • Develop economic tools to evaluate current conditions and project future trends in the overall economy, and measure the impact of fiscal policy and programmatic changes on the economy.
  • Research the effectiveness, benefits and costs of tax policies and spending programs, developing econometric or other economic models, particularly with respect to macroeconomic effects. These assessments serve as the basis for the formation and coordination of economic policies.
  • Participate in a variety of cross-cutting research studies with other staff members in the Office of Economic Policy, other divisions of OMB, and other Federal agencies.
  • Conduct research for and write and/or review chapters in the Analytical Perspectives companion volume to the President's Budget.
  • Review current economic and technical literature for concepts, conclusions, and data.
  • Critique materials for consideration by the Council of Economic Advisors, the National Economic Council and the Domestic Policy Council. Review legislation, testimony, and speeches for delivery by the President, Vice President, Director, and other Administration spokespersons.
  • Work with staff and policymakers throughout OMB, EOP, and other agencies on a range of issues including macroeconomic topics.

Requirements

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Conditions of employment

  • Must be a U.S. citizen or national
  • Selective Service registration if a male born after December 31, 1959
  • Subject to pre-employment and random drug tests
  • Direct Deposit is required
  • RELOCATION EXPENSES WILL NOT BE PAID
  • Suitability for Federal employment
  • May be required to successfully complete a probationary period
  • R?sum? and supporting documents (See How To Apply)

Only experience and education obtained by the closing date of this announcement will be considered.

Qualifications

MINIMUM QUALIFICATION REQUIREMENTS: All applicants must meet the qualification requirements outlined below to be considered minimally qualified for this position. The qualification requirements are in accordance with the OPM Qualification Standards. ALL QUALIFICATIONS MUST BE MET BY THE CLOSING DATE OF THIS ANNOUNCEMENT.

TIME IN GRADE REQUIREMENT:
Applicant must have completed a minimum of 52 weeks in positions no lower than the next lower grade or comparable pay band in the Federal service.

BASIC REQUIREMENTS:

A. Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus or;

B. Combination of education and experience--courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.

AND

SPECIALIZED EXPERIENCE:
Applicants must have a minimum of one year of specialized experience at a level of difficulty and responsibility comparable to the next lower grade or comparable pay band in the Federal service or equivalent experience in the private sector. Examples of specialized experience are:

You may qualify at the GS-12 level, if you fulfill the following qualification requirement:

A. One year of specialized experience equivalent to the GS-11 grade level in the Federal service or equivalent experience in the private sector that demonstrates completing cost-benefit analysis; net present value analysis; presenting complex economic concepts to non-economists; creating and maintaining a data set; or formulating economic reports; must have experience in recognizing and evaluating critical factors to solve complex problems and to draw rational inferences based on research findings; OR

B. A Ph.D. or equivalent doctoral degree. Graduate level education must demonstrate the competencies necessary to do the work of the position, examples of qualifying fields include coursework in economics and econometric methods taught at a sufficiently advanced and mathematically intensive level that the curriculum relied on and required knowledge of linear (matrix) algebra and multivariate calculus; OR

C. A combination of education and experience as listed above.

You may qualify at the GS- 13 level, if you fulfill the following qualification requirement:

One year of specialized experience equivalent to the GS-12 grade level in the Federal service or equivalent experience in the private sector that demonstrates conducting economic studies and analyses (in fields such as macroeconomics, tax, trade, labor, education, finance, health, public finance, microeconomics, or econometrics) in order to observe patterns, draw logical conclusions, and present findings clearly; communicating economic information, concepts, and trends to diverse groups; or participating on a team responsible for the production of economic data.

Experience refers to paid and unpaid experience, including volunteer work done through National Service program (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.

Education

ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

PASS/FAIL COURSES: If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.

GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit:
http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

Additional information

If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility. If you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans.

Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/RegVer/wfRegistration.aspx).

Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: (1) meet CTAP or ICTAP eligibility criteria; (2) be rated well-qualified for the position with a score of 85 or above; and, (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information
visit: http://www.opm.gov/rif/employee_guides/career_transition.asp.

Equal Employment Opportunity (EEO) Policy Statement: http://www.eeoc.gov/federal/index.cfm

Employment Information Resources - Resource Center: https://help.usajobs.gov/index.php/Main_Page

If you are unable to apply online or need to fax a document you do not have in electronic form, view the following link for information regarding an Alternative Application.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

SELECTIVE PLACEMENT FACTOR: Candidates must prepare, using specific examples, a brief description of their qualifications as they relate to each of the selective placement factors listed below. Failure to address these factors WILL result in a rating of INELIGIBLE. Candidates who do not meet these factors are ineligible for this position.

1.Successful completion of two or more full academic years' worth of coursework in economics and econometric methods taught at a sufficiently advanced and mathematically intensive level that the curriculum relied on and required knowledge of linear (matrix) algebra and multivariate calculus combined with successful production of two or more "peer reviewed" research papers (journal or book article) or Ph.D. dissertation chapters applying econometric and statistical methods to the study of economic phenomena. These research papers should demonstrate the successful use of one or more of the following statistical software packages: SAS, Stata, Matlab, R, C++, Gauss, LIMDEP, RATS and/or Python.

Once the announcement has closed, your résumé and supporting documentation will be used to determine if you meet the qualifications listed on this announcement. If you are minimally qualified, your résumé and supporting documentation will be compared to your responses on the assessment questionnaire to determine your level of experience. If you rate yourself higher than is supported by your application package, your responses may be adjusted and/or you may be excluded from consideration for this position. If you are found to be among the top qualified candidates, you will be referred to the selecting official for employment consideration.

Your qualifications will be evaluated on the following competencies (knowledge, skills, abilities and other characteristics):

Economics and Oral Communication

The Category Rating Process does not add veterans' preference points or apply the "rule of three" but protects the rights of Veterans by placing them ahead of non-preference eligibles within each quality
category. Veterans' preference eligibles who meet the minimum qualification requirements and who have a compensable service-connected disability of at least 10 percent will be listed in the highest quality category
(except in the case of scientific or professional positions at the GS-09 level or higher).

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