This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/547688200. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
The selectee will be assigned to a Field Office in the Chicago Region and will engage primarily in bank examinations. The range of pay shown includes base pay plus supplemental locality adjustments. 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.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
10/07/2019 to 11/01/2019
$41,112 - $46,747 per year
CG 04
11 vacancies in the following locations:
No
75% or less - May require extensive overnight travel.
No
Internships - Full time
Full-time - Interns are expected to work full-time during the summer months.
Excepted
04
No
No
2019-CHIP-0023
547688200
This announcement is exclusive during our recruitment period. This announcement will be open to the public October 30, 2019 through November 1, 2019.
Current students enrolled in accredited educational institutions from high school to graduate level. Includes internships, pathways and other student programs.
Applicants who are enrolled at least half-time as students in an accredited 4-year college or university who have completed at least the sophomore year in college when they enter the program; have a cumulative (overall) GPA of at least 3.0 and a planned graduation date of May 2021 or later; are majoring in a certain specified field, (see Qualifications Required); and are in good academic standing.
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.
Low Risk Position - National Agency Check Investigation (NACI) required.
Registration with the Selective Service.
Required to work at remote and multiple work sites.
Must successfully pass a background investigation.
U.S. Citizenship is required.
Employment Conditions.
To qualify for the CG-4 grade level, applicants must have completed two full academic years toward a degree. (requirement must be met by the first day of employment).
In order to be eligible for this position, applicants MUST:
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 3 semester hours in accounting (requirement must be met by the first day of employment);
4. 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 may 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.
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 (FIS) in the Corporate Employee Program (CEP) 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.
To be eligible for conversion to the FIS position in the CEP, interns must complete 640 hours of work experience; (up to 320 hours may be waived based on successful performance in the position and a 3.5 overall GPA or membership in a national honors society); (meet the OPM qualification standards for the FIS 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.
You will be evaluated for this job based on how well you meet the qualifications above.
Applicants must meet the qualifications as required. 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, cover letter, 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.
Along with providing the Online Assessment Questionnaire, you must provide the following:
1. A cover letter explaining why you are interested in this position, how your background (i.e., education, experience/interests, volunteer activities, work, etc.) may fit with this position (by the closing date of this announcement).
2. A resume (by the closing date of this announcement).
3. 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.
4. 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 professor/faculty member must submit the letter of recommendation directly to Lead Human Resources (HR) Specialist LaTonya Cook via email at FinInternChicago@fdic.gov no later than 11:59 p.m. Eastern Standard Time (EST) on November 8, 2019
5. 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).
Incomplete application packages will not be considered.
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 noon local time on the closing date.
To return to your saved application, log in to your USAJOBS account and click on “Application Status.” Click on the “Position Title,” and then select “Apply Online” 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 location(s) listed for which you would like to be considered.
Veterans must include a copy of the DD214 to obtain employment preference.
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.
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/547688200. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
The Federal Deposit Insurance Corporation (FDIC) is one of the most respected forces in America's financial community. Our mission is to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.
The FDIC has ranked as one of the best places to work among mid-sized agencies in the Federal Government for the past seven years.