This position is located in the Consumer Financial Protection Bureau, Research, Markets and Regulations Division, Office of Research. The incumbent will conduct economic analysis on difficult and complex topics to support CFPB functions.
This position is located in the Consumer Financial Protection Bureau, Research, Markets and Regulations Division, Office of Research. The incumbent will conduct economic analysis on difficult and complex topics to support CFPB functions.
Supervise or conduct sophisticated economic analyses to address important economic and policy questions designed to provide information, analysis, technical advice, and recommendations on current developments in markets for consumer financial products. Support analysis with statistical, mathematical, and econometric methods and techniques, with a high degree of professional judgment:
Oversee the establishment of methods and systems for quantitative and qualitative collection of data, designed to support the formulation and conduct of policies related to consumer behavior, consumer credit markets, and consumer financial services markets. Supervise or organize in the collection of data which may include planning and implementing surveys of households and firms;
Oversee the development of techniques to maintain and develop databases and related information structures for research and policy-making, and oversee methods and systems for data collection or analysis of economic information relevant to formulation of policy;
Oversee and lead the development and maintenance of econometric models of consumer financial markets for use in policy analysis;
Oversee the analysis and interpretation of economic and related information and participates in the policy process – locate and address new and unique issues in consumer financial services markets, provides studies of various markets and industries, assists with implementation of policies, and evaluates existing policies. Demonstrate a subject matter expertise in a particular area of consumer finance.
Public Trust background Investigation will be required
PLEASE NOTE: Experience may have been gained in either the public or private sector.
Qualifications
You must meet eligibility and qualification requirements within 30 days of the closing date of this announcement.
Specialized experience for the CN-71: For the CN-71, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the CN-60 grade level in the Federal service (for qualification purposes, the CN-60 is broadly equivalent to the GS-14). For this position, specialized experience is defined as:
• Experience using knowledge of economic principles and relevant data to conduct economic research; AND • Experience formulating, planning and guiding economic studies on regulatory impact analysis for regulatory actions and regulatory policy development; OR
• Experience with economic research assignments covering regulatory impact analyses and regulatory policy development with responsibility for formulating and guiding, directing, and/or exercising control over research problems; AND • Experience using knowledge of quantitative and qualitative methods and techniques and the development and use of econometric models and compliance analytics for policy and/or regulatory actions AND • Experience supervising or coordinating project assignments involving a staff of professional economists and requiring the evaluation and interpretation of economic information.
Education
You must meet the minimum education requirements described below:
Basic Education requirement:
A. Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR B. Combination of education and experience: courses equivalent to a major in economics, as shown in A. above, plus appropriate experience or additional education.
**Please note** You MUST provide a copy of your transcripts or equivalent at the time of application. Unofficial transcripts will be accepted with application, however, official transcripts will be required upon selection.
Additional information
We may select from this announcement or any other source to fill one or more vacancies.
This announcement may be used to fill like positions in other organizations within the Consumer Financial Protection Bureau.
All candidates will be considered without regard to any non-merit reasons such as race, color, religion, sex, age, national origin, lawful political affiliation, marital status, disability, sexual orientation, protected genetic information, parental status, membership in an employee organization, or other non-merit factors.
If you are a male applicant born after December 31, 1959, certify that you have registered with Selective Service System or are exempt from having to do so.
Relocation expenses may be paid, contingent upon availability of funds.
This position is NOT eligible for bargaining unit representation.
Ethics: Consumer Financial Protection Bureau employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions, which applicants may review at www.oge.gov. In addition, Bureau employees must comply with the Supplemental Standards of Ethical Conduct for Employees of the Bureau of Consumer Financial Protection (5 CFR 9401), which, among other things, prohibit an employee or the employee’s spouse or minor child from owning or controlling a debt or equity interest in an entity supervised by the Bureau. Regulations also impose restrictions on the outside activities of certain Bureau employees, including examiners and attorneys. Applicants may review the Bureau ethics regulations and a summary of the regulations at www.consumerfinance.gov. Questions regarding these requirements and prohibitions should be directed to the Bureau Ethics Office at EthicsHelp@cfpb.gov.
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. Opens in a new windowLearn more about federal benefits.
The Consumer Financial Protection Bureau determines the salary offer for each selectee based primarily on three key factors:
The selectee’s directly related experience at the same level as the position
The selectee’s overall experience in a particular industry or area
The salaries of other Bureau employees in similar positions and with similar levels of experience.
We also take the selectee’s skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range as listed in this vacancy announcement. Salary may be set from the minimum of the salary range to the midpoint of the salary range. In some instances, based on a selectee’s extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that band level.
Our comprehensive benefits are among the most generous in the federal government. They include: - Challenging and rewarding work benefiting American consumers - Opportunities for development and advancement - Comprehensive Federal health, vision, dental, life, and long-term care insurance programs - Learn more about Federal benefits programs at: http://files.consumerfinance.gov/f/201310_cfpb_benefits.pdf
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 you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Your application includes your: 1. Resume, 2. Responses to the online questions, 3. Required supporting documents; 4. Cover letter (optional). Note: If a cover letter is submitted, it may be used to assess your qualifications. We will evaluate your application by comparing your description of your work experience, level of responsibility, and accomplishments, with the requirements of the position to determine whether you meet all the qualification requirements. Your application may also be evaluated in the following areas:
Demonstrating knowledge of economic theories, models, and techniques;
Applying specialized knowledge in support of the Bureau's mission;
Developing knowledge and sharing knowledge with others;
Providing clear technical communications.
Direct Hire This notice is issued under the Direct-Hire authority. Using Office of Personnel Management (OPM) approved government-wide direct hire authorities, agencies may appoint candidates directly to jobs, without regard to the provisions of Title 5 U.S.C.3309 through 3318, for which OPM determines that there is a severe shortage of candidates or a critical hiring need. Candidates will be evaluated on their basic eligibility for Federal employment, minimum qualifications and possession of job-related knowledge, skills and abilities and other factors. All applicants who meet basic qualification requirements will be forwarded to the Selecting Official for further consideration. Veterans’ Preference and traditional rating and ranking of applicants do not apply to this vacancy.
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. Opens in a new windowLearn more about federal benefits.
The Consumer Financial Protection Bureau determines the salary offer for each selectee based primarily on three key factors:
The selectee’s directly related experience at the same level as the position
The selectee’s overall experience in a particular industry or area
The salaries of other Bureau employees in similar positions and with similar levels of experience.
We also take the selectee’s skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range as listed in this vacancy announcement. Salary may be set from the minimum of the salary range to the midpoint of the salary range. In some instances, based on a selectee’s extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that band level.
Our comprehensive benefits are among the most generous in the federal government. They include: - Challenging and rewarding work benefiting American consumers - Opportunities for development and advancement - Comprehensive Federal health, vision, dental, life, and long-term care insurance programs - Learn more about Federal benefits programs at: http://files.consumerfinance.gov/f/201310_cfpb_benefits.pdf
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.
Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible). Please ensure all required documents, including any required work samples, narratives, or other materials as stated in this announcement, are attached to your application package. Documents can be uploaded under the category of “Cover Letter”.
ICTAP PROOF OF ELIGIBILITY: If you are a displaced or surplus Federal employee eligible for consideration under the Interagency Career Transition Assistance Plan (ICTAP), you must submit proof of eligibility. For a detailed list of documents, click here.
Education Documentation: If you are qualifying based on education, you MUST submit a copy of your transcripts or a list of courses showing title, number of credits, grade, and date of completion. Unofficial transcripts will be accepted with application. An official transcript will be required if you are tentatively selected.
To be used in meeting qualification requirements, a college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to the Database of Accreditation of Post-Secondary Institutions and Programs. If we are unable to determine that you meet the required education, you will be found ineligible for further consideration. We recommend you get this process started as soon as possible to avoid delays in appointment if selected.
If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency; more information may be found at Acceptability of Higher Education for Meeting Minimum Qualification Requirements. We recommend you get this process started as soon as possible to avoid delays in appointment if selected.
If you are relying on your education to meet qualification requirements:
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.
The following instructions outline our application process. You must complete this application process and submit any required documents by 11:59 p.m. Eastern Time (ET) on the closing date of this announcement. We are available to assist you during business hours (normally 8:00 a.m. - 5:00 p.m., Monday - Friday). If applying online poses a hardship, please contact us as soon as possible. The Consumer Financial Protection Bureau provides reasonable accommodation to applicants with disabilities on a case-by-case basis. Please contact us if you require this for any part of the application and hiring process. Step 1 - Create or Upload a Resume with USAJOBS (www.usajobs.com) We suggest you go to the end of the "Qualifications & Evaluations" section of the job announcement to preview the online questions. You may need to customize your resume to ensure that it supports your responses to these questions. Resume Tips Step 2 - Apply Online Click the "Apply Online" link on this page. You will then be directed to USAJOBS where you must select a resume. After selecting a resume, click on the "Apply for this position now!" link, and follow the prompts to register (if you have not already done so). You will then be required to answer a few questions, and submit all required documents. To return to your saved application, log into your USAJOBS account and click on "Application Status." Click on the position title, and then select "Apply Online" to continue. Step 3 - Answer the Online Questions and Submit Your Online Application If this is your first time on CFPB's CareerConnector website, you will be prompted to register by answering questions related to your eligibility for federal employment. The system will save these responses and take you back to the main screen so that you can answer the job-specific questions (if applicable). Select "Take me to the assessment" and click on the "Continue" button to answer the job-specific questions (if applicable). You must answer all the questions and click the "Finished" button (if applicable). Step 4 - Review and Confirm Your Submission You will now have the option to upload a document or print fax cover-sheets for your required documents. (See Step 5 for details.) Once you click "Done," you will see a summary of your application for your review. You may also print a copy for your records. When you click "Finished" at the bottom of the page, you will then be directed back to USAJOBS where you can confirm that your application has been submitted. You may also track your application status from your USAJOBS account. Step 5 - Submit Required Documents You can submit any required or optional documents (described below) by document upload or fax. Whichever method you choose, please include the job announcement number with your documents. To protect your privacy, we encourage you to remove your social security number from anything you submit. Document Upload: You may upload supporting documents in one of two ways: 1. Once you finish answering the questions in the job announcement (if applicable), you will be prompted to upload your document(s) to your application. You will be given the choice to either upload the document as part of the application process or you can select a document that you have already loaded on USAJOBS. OR 2. You may upload a document to an existing application by logging in to your USAJOBS account. Click on "My Applications" and search for the vacancy. Once you have located the vacancy, click on it and select "Apply Online." Move through your existing application until you reach the "Documents" page and select "Upload" to add a document to your application. Be sure to review your complete application to confirm that the document(s) uploaded properly. In the "Application Review" section, you should see your uploaded documents listed on the "Vacancy Documents" screen. Once you see them, click "Finished;" you will then be returned to USAJOBS. Fax: Create a fax cover-sheet in CareerConnector by following the "Faxing Supporting Documentation" instructions. The fax number is on the cover-sheet.
For additional information on how to apply, please visit the Partnership for Public Service’s Go Government website.
Consumer Financial Protection Bureau
*** Please see the "How to Apply" section ***
Parkersburg, West Virginia 26106
United States
Next steps
To check the status of your application for this position, please follow these steps:
1. Login to your USAJOBS account, select the "Applications" section and click on the vacancy you would like to view and have already applied for.
2. Under "application status," click "additional application information" and you will be taken to the CareerConnector website where you can check your application status. The "additional application information" link may not be available if your application status says "Unavailable." This indicates that your application is not complete.
If the "additional application information" link is not available and the vacancy is still open, you can click on the job announcement and "Update Application" to be taken back to the CareerConnector portion of the application.
Please notify us at CFPBINQUIRIES@FISCAL.TREASURY.GOV if your contact information changes after the closing date of the announcement. Also, note that if you provide an email address that is inaccurate or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive important communication that could affect your consideration for this position.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible). Please ensure all required documents, including any required work samples, narratives, or other materials as stated in this announcement, are attached to your application package. Documents can be uploaded under the category of “Cover Letter”.
ICTAP PROOF OF ELIGIBILITY: If you are a displaced or surplus Federal employee eligible for consideration under the Interagency Career Transition Assistance Plan (ICTAP), you must submit proof of eligibility. For a detailed list of documents, click here.
Education Documentation: If you are qualifying based on education, you MUST submit a copy of your transcripts or a list of courses showing title, number of credits, grade, and date of completion. Unofficial transcripts will be accepted with application. An official transcript will be required if you are tentatively selected.
To be used in meeting qualification requirements, a college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to the Database of Accreditation of Post-Secondary Institutions and Programs. If we are unable to determine that you meet the required education, you will be found ineligible for further consideration. We recommend you get this process started as soon as possible to avoid delays in appointment if selected.
If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency; more information may be found at Acceptability of Higher Education for Meeting Minimum Qualification Requirements. We recommend you get this process started as soon as possible to avoid delays in appointment if selected.
If you are relying on your education to meet qualification requirements:
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.
The following instructions outline our application process. You must complete this application process and submit any required documents by 11:59 p.m. Eastern Time (ET) on the closing date of this announcement. We are available to assist you during business hours (normally 8:00 a.m. - 5:00 p.m., Monday - Friday). If applying online poses a hardship, please contact us as soon as possible. The Consumer Financial Protection Bureau provides reasonable accommodation to applicants with disabilities on a case-by-case basis. Please contact us if you require this for any part of the application and hiring process. Step 1 - Create or Upload a Resume with USAJOBS (www.usajobs.com) We suggest you go to the end of the "Qualifications & Evaluations" section of the job announcement to preview the online questions. You may need to customize your resume to ensure that it supports your responses to these questions. Resume Tips Step 2 - Apply Online Click the "Apply Online" link on this page. You will then be directed to USAJOBS where you must select a resume. After selecting a resume, click on the "Apply for this position now!" link, and follow the prompts to register (if you have not already done so). You will then be required to answer a few questions, and submit all required documents. To return to your saved application, log into your USAJOBS account and click on "Application Status." Click on the position title, and then select "Apply Online" to continue. Step 3 - Answer the Online Questions and Submit Your Online Application If this is your first time on CFPB's CareerConnector website, you will be prompted to register by answering questions related to your eligibility for federal employment. The system will save these responses and take you back to the main screen so that you can answer the job-specific questions (if applicable). Select "Take me to the assessment" and click on the "Continue" button to answer the job-specific questions (if applicable). You must answer all the questions and click the "Finished" button (if applicable). Step 4 - Review and Confirm Your Submission You will now have the option to upload a document or print fax cover-sheets for your required documents. (See Step 5 for details.) Once you click "Done," you will see a summary of your application for your review. You may also print a copy for your records. When you click "Finished" at the bottom of the page, you will then be directed back to USAJOBS where you can confirm that your application has been submitted. You may also track your application status from your USAJOBS account. Step 5 - Submit Required Documents You can submit any required or optional documents (described below) by document upload or fax. Whichever method you choose, please include the job announcement number with your documents. To protect your privacy, we encourage you to remove your social security number from anything you submit. Document Upload: You may upload supporting documents in one of two ways: 1. Once you finish answering the questions in the job announcement (if applicable), you will be prompted to upload your document(s) to your application. You will be given the choice to either upload the document as part of the application process or you can select a document that you have already loaded on USAJOBS. OR 2. You may upload a document to an existing application by logging in to your USAJOBS account. Click on "My Applications" and search for the vacancy. Once you have located the vacancy, click on it and select "Apply Online." Move through your existing application until you reach the "Documents" page and select "Upload" to add a document to your application. Be sure to review your complete application to confirm that the document(s) uploaded properly. In the "Application Review" section, you should see your uploaded documents listed on the "Vacancy Documents" screen. Once you see them, click "Finished;" you will then be returned to USAJOBS. Fax: Create a fax cover-sheet in CareerConnector by following the "Faxing Supporting Documentation" instructions. The fax number is on the cover-sheet.
For additional information on how to apply, please visit the Partnership for Public Service’s Go Government website.
Consumer Financial Protection Bureau
*** Please see the "How to Apply" section ***
Parkersburg, West Virginia 26106
United States
Next steps
To check the status of your application for this position, please follow these steps:
1. Login to your USAJOBS account, select the "Applications" section and click on the vacancy you would like to view and have already applied for.
2. Under "application status," click "additional application information" and you will be taken to the CareerConnector website where you can check your application status. The "additional application information" link may not be available if your application status says "Unavailable." This indicates that your application is not complete.
If the "additional application information" link is not available and the vacancy is still open, you can click on the job announcement and "Update Application" to be taken back to the CareerConnector portion of the application.
Please notify us at CFPBINQUIRIES@FISCAL.TREASURY.GOV if your contact information changes after the closing date of the announcement. Also, note that if you provide an email address that is inaccurate or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive important communication that could affect your consideration for this position.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.