This position is located in the Pension Benefit Guaranty Corporation, Office of Negotiations and Restructuring, Corporate Finance and Restructuring Department.
CONCURRENT ANNOUNCEMENT: THIS POSITION IS ALSO BEING ADVERTISED UNDER MERIT PROMOTION PROCEDURES UNDER ANNOUNCEMENT NUMBER ONR-CFRD-2019-0002. IF YOU WISH TO BE CONSIDERED UNDER THAT ANNOUNCEMENT, PLEASE REVIEW TO DETERMINE IF YOU QUALIFY.
More than one selection may be made from this vacancy announcement.Learn more about this agency
- Review corporate transactions to assess the risk they pose to the pension plans sponsored by those corporations.
- Prepare detailed reports on troubled firms assist high-level PBGC officials conducting negotiations and workouts.
- Represent PBGC on creditor's committees in Chapter 11 bankruptcy cases.
Occasional travel - - Less than 10%
Job family (Series)
Conditions of Employment
- You must be a U.S. citizen
- You may undergo a personnel security background investigation
- Selective Service registration required for male applicants, unless exempt
- 1 year probationary period required unless met during prior Federal service
- Applicants selected for employment will be required to complete an OF-306
All qualification and eligibility requirements must be met by the announcement closing date.
You may start at $96,970 (GS-13) if you meet the following specialized experience requirements by the closing date of this announcement.
GS-13- Specialized experience is defined as one year of experience at or equivalent to the GS-12 grade level in the Federal service or equivalent to the GS-12 grade level in the private sector analyzing corporate finance transactions, analyzing financial statements of an organization/corporation and determining the credit quality of an organization/corporation and employee benefit obligations. Examples may include working at a financial advisory firm, restructuring firm, rating agency or lending institution analyzing the creditworthiness of a business or participating in the formulation of or the implementation of a turnaround/restructuring
You may start at $114,590 (GS-14) if you meet the following specialized experience requirements by the closing date of this announcement.
GS-14 - Specialized experience is defined as one year of experience at or equivalent to the GS-13 grade level in the Federal service or equivalent to the GS-13 grade level in the private sector interpreting corporate finance transactions, interpreting financial statements of an organization/corporation and determining the credit quality of an organization/corporation and employee benefit obligations. Examples may include leading others at a financial advisory firm, restructuring firm, rating agency or lending institution analyzing the credit worthiness of a business or formulating and implementing a restructuring plan.
Substitution of education may not be used in lieu of specialized experience for this grade level.
To be considered under a special hiring authority such as the Schedule A appointing authority for persons with disabilities; the direct-hire authority to appoint veterans with service-connected disabilities of 30 percent or more; Peace Corps or VISTA service; or another excepted service/special hire authority, you must submit documentation to support your claim for eligibility with your application package. For more details, visit Federal Hiring Flexibilities.
PBGC encourages qualified applicants with disabilities to apply. Applicants with disabilities who are interested in learning more about job opportunities under the Schedule A Hiring Authority and other available hiring flexibilities and authorities are encouraged to contact PBGC’s Selective Placement Program Coordinator, Donald Beasley, at (202) 326-4000 ext. 3637 or firstname.lastname@example.org. TTY/TDD users should call the federal relay service at (800) 877-8339 and ask to be connected to (202) 326-4000 ext 3637.
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Category Rating is being used for this position. If your resume does not support the answers you gave on the assessment questionnaire, you may be rated Not Qualified or you may be placed in a lower category.
Your name will be placed in one of the three following quality categories:
•Gold - highly proficient regarding the knowledge, skills and abilities (KSAs) related to this position.
•Silver - competent regarding the knowledge, skills and abilities (KSAs) related to this position.
•Bronze - possessing only the minimum qualifications required for this position.
The KSAs for this position are:
1. ability to analyze financial statements
2. skill to develop written financial information for use in briefings to senior management
3. skill in developing bankruptcy, reorganization, and negotiation proposals
Interagency 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 80 or above based on the competencies listed above (which is equivalent to PBGC’s “Silver” quality category); 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
Candidates who apply under Noncompetitive and Special Hiring Authorities (i.e., displaced/surplus employees (CTAP/ICTAP eligibles), veterans eligible under the Veterans Opportunity to Work Act (VOW)/Veterans' Employment Opportunities Act (VEOA), disabled veterans with 30% or more disability, former Action Volunteers-Peace Corps/VISTA/etc., persons with disabilities and others who are eligible for special appointing authorities) procedures will undergo a quality review to determine if they are minimally qualified based on the content of their resume, supporting documentation submitted and their responses to the assessment questionnaire.
Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application.
Referral: Application of Veterans' Preference: The Category Rating process protects the rights of veterans by placing them ahead of non-veterans within each quality category. All qualified veterans must be selected before selecting any non-veterans within each quality category.
For this position, disabled veterans who meet minimum qualifications for this position and have a compensable service-connected disability of at least 10% are placed at the top of the Gold category regardless of which category to which they would otherwise be assigned.
Preference eligibles who do not have a service-connected disability of 10% or more (XP or TP) are placed at the top of their quality category, except when the position being filled is scientific or professional at the GS-9 grade level or higher. A selecting official may make selections from the highest quality category (Gold) provided no preference eligible in that category is passed over to select a non-preference eligible in that category unless the requirements of 5 U.S.C 3317(b) or 3318(b) are satisfied.
To preview questions please click here.
Background checks and security clearance
Drug test required
RESUME: You must submit a resume. Your resume should clearly show your possession of the specialized experience and KSAs so that we can determine your qualifications for this position. Your resume should be specific to the position you are applying for, relating your skills and experience to those noted in the job posting.
COVER LETTER (OPTIONAL): Your cover letter should state your interest in this position and the strengths that you feel will make you an asset to the Pension Benefit Guaranty Corporation. We will not use your cover letter to determine your qualifications; however, your cover letter will go to the Selecting Official along with your resume if you are referred.
TRANSCRIPT(S) (IF APPLICABLE): Education is not required for this position, but applicants may qualify based on experience, educations;or a combination of both. If you wish to be considered for this position based on your education, you must submit transcripts to verify that you meet the education, listed in the qualifications section. Your transcripts should include course titles, school name/location, date completed, grades, and number of credits earned. Applicants who obtained their qualifying education outside of the U.S. and its territories must provide proof that their degrees have been validated as equivalent to a degree conferred by a college or university in the U.S. Unofficial transcripts may be submitted with your application; however, you must bring official transcripts with your first day if you are hired.
VETERANS PREFERENCE: If claiming veteran's preference, you should indicate the type of veteran's preference you are claiming on your resume. For 5-point veteran's preference, you must provide a copy of your DD-214 Certificate of Release or Discharge from Active Duty (Member 4 copy or Member 7 copy), official statement of service from your command if you are currently on active duty, or other official documentation (e.g. documentation of receipt of a campaign badge or expeditionary medal) that proves your military service was performed under honorable conditions. Your DD-214 must show the type of discharge and dates of active duty. If the appropriate copy of the DD-214 is not submitted and the discharge status is not confirmed, you will not receive credit for the claimed active duty military service. To gain access to your DD214 online, please visit: National Archives. For 10-point veteran's preference, including 30% or more disabled veterans, you must submit a SF-15 , Application for 10-point Veteran Preference and any documentation required by this form to support your claim. These documents must be submitted before 10-point preference can be awarded. If you fail to provide documentation required by the SF-15 you will receive 5-point preference if veterans' preference requirements have been met. Information on Veterans Preference is available in the Vet's Guide that can be found at OPM's website: Veterans Guide.
Veterans Opportunity to Work Act (VOW) : If you are currently serving on active duty you MUST submit a statement of service from your unit (on unit letterhead) identifying the branch of service, period(s) of service, campaign badges or expeditionary medals earned, type of discharge, character of service, and the date you will be separated or be on approved terminal leave. If you provide a statement of service at this stage, your preference/eligibility will be verified by a DD214 (Member 4 Copy) upon separation from the military.
Interagency Career Transition Assistance Programs: CTAP and ICTAP candidates must submit documents showing eligibility for selection priority (e.g., RIF separation notice, Certificate of Expected Separation, or other proof of eligibility for priority selection); an SF-50 showing the current (or former) position, grade level, promotion potential, and duty location; and the most current performance appraisal including the performance rating.
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.
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.
Visit PBGC Benefits for information on our Agency Benefits offered.
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
In order to be considered, submit all of the required information (including your supplemental documentation) before midnight EST on the closing date. If you are not able to apply online or require reasonable accommodations, contact Cathy Mason on (202) 326-4110 ext. 6555 or at email@example.com no later than 5:00 p.m. on the day before the closing date of this vacancy announcement. For TTY/TDD users, call the Federal Relay Service toll free at 1-800-877-8339 and ask to be connected to (202) 326-4111. Please complete all the steps in the online application process at USAJOBS (www.usajobs.gov). You may make updates to your information at any time prior to midnight EST on the closing date of this announcement.
* Register with USAJOBS, which will store your information and resume. You will only need to complete this step once.
* Locate and review the vacancy announcement on USAJOBS. Click the Apply Online link and then select a resume to submit with your application.
* Click on "Apply for this Position Now." You will be redirected to our online system.
* Complete or review the online core questions, which determine the types of positions you are eligible for.
* Specify which series and grade(s) you wish to be considered for.
* Complete the online vacancy questions, then click "Finish". You will continue to the Vacancy Documents page.
* Submit each of the documents that apply to you by upload, USAJOBS, or fax according to the instructions provided.
*You will then see a summary of your application, including the documents that you submitted. You are strongly encouraged to save or print a copy of this page as proof of submission and receipt of your application and documents.
*To finish, click "Finish."
Agency contact information
AddressPENSION BENEFIT GUARANTY CORPORATION
Human Resources Dept.
1200 K Street, NW
Washington, District of Columbia 20005
You are encouraged to complete your USAJOBS personal account completely to receive notifications at each point in the recruiting process. Utilizing this option allows you to review and track the status of your application and receive email notifications from the hiring office.
You may check the status of your applications by clicking on the My USAJOBS tab at the USAJOBS website.
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/525124700. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.