The applicants selected will be offered a position in the FDIC Internship Program with theDivision of Risk Management Supervision (RMS) or Division of Depositor and Consumer Protection (DCP).
The starting date of employment is expected to be approximately June 10, 2019.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.Learn more about this agency
Most interns will work directly on teams with experienced FDIC employees to evaluate bank operations, business planning, risk management strategies, and consumer protection practices. 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.
50% or less - This position requires overnight travel. Required to work at remote and multiple work sites.
Job family (Series)
Conditions of Employment
The applicants selected will be offered a position in the FDIC Internship Program. 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, completion of at least 640 hours of work experience acquired through the Internship Program, and a skills assessment. However, service in the Financial Institution Internship Program confers no right to further employment in the competitive or excepted service.
Must successfully pass a background investigation.
Salary stated above is per year. Salary earned will be based on actual time worked. Per hour salary is $19.58 - $22.74 depending on location. The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 6.68% to a high of 23.90%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (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. Additional qualifications information can be found here.
1. Be seeking a 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 (Major must be documented in the transcript or proof of enrollment);
2. Have at least a cumulative (overall) 3.0 GPA (requirement must be met before the announcement closes);
3. Have completed two full academic years towards the degree (requirement must be met by the first day of employment);
4. Have completed 3 semester hours in accounting (requirement must be met by the first day of employment);
5. Submit all required documents. (must be submitted by the closing date of this announcement) To view the required documents, locate the "How to Apply" tab.
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.
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Applicants must meet the qualifications as required below. 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, 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.
Background checks and security clearance
Drug test required
Along with providing the Online Assessment Questionnaire, you must provide the following:
1. A resume (by the closing date of this announcement).
2. 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 by the closing date of this announcement. If you are currently enrolled or accepted for enrollment, and do not yet have a transcript, you must submit proof of enrollment (i.e., letter from the registrar's office or acceptance letter from an accredited educational institution). Your transcript or registrar's letter 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. If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.
3. 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 February 15, 2019.
Instructions for submitting the letter of recommendation:
To obtain the “Letter of Recommendation” fax cover sheet, you must already be registered with USAJobs and in the FDIC internal application system. On the Documents Section of the online application, select “Fax a Document.” A pop-up window will appear. Select “Letter of Recommendation” from the “Document Type” drop down menu and click “Generate Fax Coversheet.” 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.
4. 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).
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.
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.
If you are relying on your education to meet qualification requirements:
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.
A career with the U.S. Government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Learn more about federal benefits.
Interns may be eligible for certain Federal employee benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time, or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How to Apply
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 noon local time on the closing date.
To return to your saved application, log in to your USAJOBS account and click on “Application” tab Click on the “Position Title,” and then select “Update Application” or additional 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. You are limited to selecting only three (3) location(s) listed for which you would like to be considered.
Veterans must include a copy of the DD214 to obtain employment preference.
Agency contact information
FDIC Human Resources Branch
1601 Bryan Street
Dallas, Texas 75201
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.
Fair & Transparent
The Federal hiring process is setup to be fair and transparent. Please read the following guidance.
Equal Employment Opportunity Policy
The United States Government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.
Reasonable Accommodation Policy
Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application process should follow the instructions in the job opportunity announcement. For any part of the remaining hiring process, applicants should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.
A reasonable accommodation is any change to a job, the work environment, or the way things are usually done that enables an individual with a disability to apply for a job, perform job duties or receive equal access to job benefits.
Under the Rehabilitation Act of 1973, federal agencies must provide reasonable accommodations when:
- An applicant with a disability needs an accommodation to have an equal opportunity to apply for a job.
- An employee with a disability needs an accommodation to perform the essential job duties or to gain access to the workplace.
- An employee with a disability needs an accommodation to receive equal access to benefits, such as details, training, and office-sponsored events.
You can request a reasonable accommodation at any time during the application or hiring process or while on the job. Requests are considered on a case-by-case basis.
Legal and regulatory guidance
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/523142500. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.