This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/488592500. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Applicants without status should apply under 2018-HQD-B0002. However, if you desire consideration also under this FDIC merit promotion announcement, you must apply to both.
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 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.
Successful applicants will be placed in the CEP beginning July 2018.
01/12/2018 to 01/26/2018
$53,290 - $72,755 per year
CG 07
15 vacancies in the following locations:
Permanent - Full-Time
Full-time - Competitive Service
12
No
2018-HQMP-B0001
488592500
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 may be required to serve a one year probationary period.
The 3-day assessment is scheduled for April 9-14, 2018.
Subject to Credit Limitations: 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 Specialists 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 which holds the primary residence loan, and a "cooling off" period may be 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.
You must demonstrate that you meet the Selective Placement Factor by completing and passing an automated writing assessment in order to receive further consideration for this position. If you self-assess at 85 or above on the vacancy announcement assessment questionnaire, you will receive notification with a link to the automated writing assessment. (Refer to Qualifications Section - Selective Placement Factor).
If you pass the automated writing assessment, your resume will be reviewed, including the vacancy announcement assessment questionnaire, to determine whether you meet the remaining 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, duties performed, and if the position is/was in the Federal government, the position series and grade level. If you rate yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected. This could mean that you pass the automated writing assessment, thereby demonstrating that you meet the Selective Placement Factor, but are later deemed to be "not qualified" for failure to meet the remaining qualification requirements. 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.
If you are found qualified, your resume will be evaluated to measure the degree in which your background and responses to the assessment questions match the qualification requirements of the position.The highest-ranked candidates for each location may be invited to Arlington, VA to participate in a 3-day assessment process during the week of April 9-14, 2018, at the FDIC’s expense. 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 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.
FDIC provides reasonable accommodations to candidates with disabilities. If invited to the event and you need a reasonable accommodation for any part of the event (including reasonable accommodation for the series of assessments), we will ask that you please notify us within three days of receiving the invitation to allow us adequate time to consider the request; however, you can make a reasonable accommodation request at any time once invited. The decision on granting reasonable accommodation will be on a case-by-case basis.
Applicants who are selected to participate in the hiring event will receive an invitation no earlier than two weeks prior to the event.
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: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). 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. If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.
Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that 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. For more information, click here.
VETERANS EMPLOYMENT OPPORTUNITY ACT (VEOA) ELIGIBLES AND SPECIAL HIRING AUTHORITIES FOR VETERANS: If you are applying for consideration under VEOA and special hiring authorities for veterans, click here.
SPECIAL APPOINTING AUTHORITIES FOR PEOPLE WITH DISABILITIES: If you are applying for consideration under special appointing authorities for people with disabilities, click here
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.
CURRENT FEDERAL EMPLOYEES OR REINSTATEMENT ELIGIBLES WITH COMPETITIVE STATUS: A copy of your most recent SF Form 50, Notification of Personnel Action, that shows: (1) permanent or career-conditional tenure (codes 1 or 2, in block 24), and (2) position occupied in the competitive service (code 1, in block 34).
FDIC EMPLOYEES: Submit a final signed copy of your most recent Performance Appraisal and Evaluation form.
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" button and follow the prompts. If you haven't already, register and establish a USAJOBS account. After you register online, click the "Apply" button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click "Submit Application" 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 on the closing date.
To return to your saved application, log in to your USAJOBS account and click on "Applications" tab. Click on the "Position Title," and then select "Update Application" or "Additional Application Information" 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. 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.
Please ensure you have completed the application process by verifying the status of your application on-line to reflect: "Received". Failure to complete the application process will result in an incomplete application and you will not be considered for the position.
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.
You will be notified of the status of your application via e-mail at various points in the process. Please notify us if your contact information changes after the closing date of the announcement. Also, note that if you provide an inaccurate e-mail address or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive the automated assessement link which will affect your consideration for this position.
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/488592500. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
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