Candidates selected for the Financial Institution Specialist (FIS) position will be assigned to an FDIC Field Office in the Division of Risk Management Supervision (RMS) and participate in formal classroom training, self-study, and work assignments located in and outside of the employee's official duty station in the area of bank examination.
Successful applicants will start with the FDIC beginning March 2021 or after.
Financial Institution Specialists receive on-the-job and formal classroom training designed to provide practical experience in the risk management function of the FDIC.
Financial Institution Specialists 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; and the general character of management. Financial Institution Specialists 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.
- Participate as a member of a risk examination team. Review pre-examination data and assists with analyzing, interpreting, and evaluating earnings, liquidity, and capital.
- Research, compile, manipulate and/or evaluate data to prepare a variety of documents, management reports and presentations.
- Prepare examination reports and related documents (e.g. examination scope memoranda, workpapers, Reports of Examinations, and Reports of Visitations).
- Attend meetings with FDIC officials, attorneys, accountants, representatives of financial institutions or other private sector representatives, and/or other federal and state regulatory agency officials to discuss issues of mutual concern when applicable, and under the guidance of higher-graded specialists/examiners and/or supervisors.
- Meet with and conducts interviews of institution personnel of various levels to determine their awareness of current laws and regulations, obtain information and documents, and provide feedback regarding examination activities.
- Identify and report unusual transactions, irregularities, weaknesses or deficiencies of the file documentation to higher-graded specialists/examiners and/or supervisors.
75% or less - Very frequent overnight travel, up to 3 weeks per month (most locations).
Job family (Series)
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/575288200. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.