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Student Trainee (Economist), CG-0199-4/5

Federal Deposit Insurance Corporation
This job announcement has closed

Summary

Internship will begin Spring/Summer 2021

Internship opportunities are available within the Division of Insurance and Research (DIR). 

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Overview

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Reviewing applications
Open & closing dates
01/04/2021 to 01/21/2021
Salary
$38,001 to - $69,408 per year
Pay scale & grade
CG 04 - 05
Location
Washington, DC
3 vacancies
Telework eligible
No
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Internships - This position is Not-To-Exceed 1 Year. May be extended if requirements of program are met.
Work schedule
Multiple Schedules - This position may be part-time or full-time
Service
Excepted
Promotion potential
04 - Applicant will be selected at the initial grade in which they are qualified. To be considered for the next highest grade, applicants must apply for future FDIC positions.
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Trust determination process
Announcement number
2020-HQP-0395
Control number
588460800

This job is open to

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Clarification from the agency

US citizens who have been accepted for enrollment or are enrolled and seeking a degree with an anticipated graduation date after December 1, 2021 (diploma, certificate, etc.) in a qualifying educational institution on a full or half-time basis; with an academic major in economics, public policy or applied statistics, have at least a cumulative (overall) 3.0 grade point average; and remain in good academic standing.

Duties

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Center for Financial Research (CFR) interns support CFR and DIR Economists in both their Corporate and Research capacities. Their support may include, but is not limited to research intended for publication in peer-reviewed journals, developing analytical datasets and verifying accuracy of the data using statistical programming languages such as SAS, Stata, and/or R; model documentation and code review, analytical and administrative support of ongoing national rule writing and international collaboration, identifying and summarizing research on banking topics, including but not limited to topics on international regulation, small business lending, deposit insurance, provisioning, resolution, and banking history and other research and statistical tasks. Support also includes coordination of seminar visits, maintenance of administrative spreadsheets, support for the Banking Research Conference, and similar requests. The intern’s research support will facilitate the FDIC’s continued progress towards its goal of being a leader in banking research. Interns gain exposure to government economists’ work and a research environment.

Requirements

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Conditions of employment

U.S. Citizenship is required.

Employment Conditions.

Registration with the Selective Service.

Background Investigation required

Must complete a FDIC Pathways Participant Agreement.

Applicant must provide official transcript if selected.

Qualifications

Education

CG-04: 
Completion of 2 full academic years of post-high school study or successful completion of an associate's degree.

CG-05: Completion of all requirements for a bachelor's degree or equivalent degree.

Note: One full academic year of undergraduate is 30 semester hours. One full academic year of
graduate/vocational/trades/technical/high school education is the number of credit hours determined by the college/university/school. A certificate program must be a 1 year academic program if attending at a full-time status.

Qualifying Experience

CG-04: 1 year of general work experience

CG-05: 1 year of specialized experience equivalent to the GS-04.

Specialized experience for the CG-05 is defined as experience conducting research for economics, finance, mathematics or statistics research projects OR assisting others in evaluating and interpreting economic or statistical information.

Additional information

If selected, you may be required to serve a trial period.

This appointment may be extended if interns continues to meet all educational and pathways requirements. 

The applicants selected will be offered an excepted appointment not-to-exceed 1 Year. After successful completion of the program requirements and based on FDIC's needs, the selectees may be non-competitively converted to a Term or Permanent position 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 FDIC Internship Program confers no right to further employment in the competitive or excepted service.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

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 (resume and transcripts).  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. 


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