Internship opportunities are available within the Division of Insurance and Research (DIR). Interns will assist in projects related to enhancing the Corporation’s programs for identifying, monitoring, and addressing existing and emerging aggregate risks to the Corporation’s deposit insurance funds.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Summary
Internship opportunities are available within the Division of Insurance and Research (DIR). Interns will assist in projects related to enhancing the Corporation’s programs for identifying, monitoring, and addressing existing and emerging aggregate risks to the Corporation’s deposit insurance funds.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Internships - This is a temporary appointment that is not to exceed one year.
Work schedule
Multiple Schedules - Full-time for part time
Service
Excepted
Promotion potential
04 - Applicant will be hired at the initial grade in which they are qualified. For the promotion to the next higher grade, the intern must compete via future FDIC vacancy announcement.
US citizens who have been accepted for enrollment or are enrolled and seeking a degree with an anticipated graduation date after December 1, 2019 (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.
Center for Financial Research (CFR) interns support both organizational and operational aspects of the Center for Financial Research. Organizational support includes:
Coordination of seminar visits, maintenance of administrative spreadsheets, support for the Banking Research Conference, and similar requests.
Operational support may include the collection and assembly of data for use in research projects, manipulating data in spreadsheets or database software, and presentation of data to economists and supervisors.
Interns also support organizational and operational work in the review of various research and administrative documents.
Low Risk Position - National Agency Check Investigation (NACI) required.
Must complete a FDIC Pathways Participant Agreement.
Completion of Confidential Financial Disclosure may be required.
Applicants must be able to work at least part-time work schedule during the academic school year.
Qualifications
To qualify for this program, applicants must: (1) be enrolled or accepted for enrollment in a degree seeking program at a qualifying educational institution on a full or half-time basis; (2) have an academic major in economics, public policy, or applied statistics; (3) have a minimum cumulative (overall) GPA of 3.0 out of 4.0; and (4) be in good academic standing.
Eligible applicants may qualify for grades based on education, experience, or a combination of education and experience. Education and experience requirements must be met by the closing date of the announcement.
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.
If selected, applicants will be required to submit an official copy of their current academic transcript.
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.
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 FDIC offers some benefits to its temporary employees.
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 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.
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 FDIC offers some benefits to its temporary employees.
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.
EDUCATION DOCUMENTS: You must submit ALL college transcripts attended or completed (official or unofficial) showing the classes you are currently enrolled in (Fall 2018) as well as your overall cumulative GPA. If you are not a student, you must submit proof of enrollment (i.e., letter from the registrar’s office or acceptance letter from an accredited educational institution). Your transcript 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.
Current resume. Your resume must include your expected degree major and anticipated graduation dateto includemonth and year.
Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program. For more information, click here.
VETERANS' PREFERENCE: 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.
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.
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 “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” 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.
Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.
Federal Deposit Insurance Corporation
3501 Fairfax Drive
Arlington, Virginia 22226
United States
Next steps
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.
EDUCATION DOCUMENTS: You must submit ALL college transcripts attended or completed (official or unofficial) showing the classes you are currently enrolled in (Fall 2018) as well as your overall cumulative GPA. If you are not a student, you must submit proof of enrollment (i.e., letter from the registrar’s office or acceptance letter from an accredited educational institution). Your transcript 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.
Current resume. Your resume must include your expected degree major and anticipated graduation dateto includemonth and year.
Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program. For more information, click here.
VETERANS' PREFERENCE: 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.
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.
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 “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” 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.
Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.
Federal Deposit Insurance Corporation
3501 Fairfax Drive
Arlington, Virginia 22226
United States
Next steps
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.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
