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Operation Research Analyst (Senior Financial Data Scientist)

Department of the Treasury
Treasury, Departmental Offices
This job announcement has closed

Summary

This position is located at Departmental Offices,Domestic Finance-Office of Financial Research. As a/an Operation Research Analyst (Senior Financial Data Scientist), you will be responsible for independently performing and advising macroprudential data analysis, feature engineering, machine learning model development, and related projects that inform the OFR, FSOC, and FSOC member agencies, both in its immediate context as well as in the context of future needs and risks.

Overview

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Hiring complete
Open & closing dates
11/16/2023 to 11/23/2023
This job will close when we have received 150 applications which may be sooner than the closing date. Learn more
Salary
$149,739 to - $236,357 per year
Pay scale & grade
OR 60
Location
1 vacancy in the following location:
Anywhere in the U.S. (remote job)
Remote job
Yes
Telework eligible
Not applicable, this is a remote position.
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
None
Job family (Series)
Supervisory status
No
Security clearance
Not Required
Drug test
No
Announcement number
24-DO-67-P
Control number
761241500

Duties

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As a/an Operation Research Analyst (Senior Financial Data Scientist), you will:

  • Lead diverse and complex analytical studies.
  • Oversee and provide leadership and direction to broad financial data research projects on areas related to statistical methods, programing, data product development, big data, and feature engineering.
  • Assist the Associate Director for Data Products in utilizing the scientific and technical capabilities within the OFR to support ongoing and future data analytics projects.
  • Provide expert consultation to OFR Staff, and when requested, FSOC and FSOC member agencies pertaining to theory and application of data science and data analytics principles.
  • Conduct exploratory data analysis and predictive analysis to identify influential features and inform data-driven decisions.

Requirements

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Conditions of employment

The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resumé.

Key Requirements:
  1. Please refer to "Conditions of Employment"
  2. Click "Print Preview" to review the entire announcement before applying
  3. Must be U.S. Citizen or U.S. National.
All new hires will be required to comply with federal ethics laws. A review of financial or other interests may be conducted to determine if they create any real or apparent conflict of interests with official Treasury duties.

Qualifications

You must meet the following requirements by the closing date of this announcement.

SPECIALIZED EXPERIENCE: For the OR-60, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the OR-53 grade level in the Federal service. Specialized Experience for this position includes:

  • Analyzing data using statistical and mathematical techniques to evaluate program effectiveness; AND
  • Experience writing code in a statistical or computer programming language such as SAS, R or Python to aid in analysis; AND
  • Developing models, recommendations, and reports to solve problems with nationwide impact.

Education

Basic Requirements:

Degree: in operations research; or at least 24 semester hours in a combination of operations research, mathematics, probability, statistics, mathematical logic, science, or subject-matter courses requiring substantial competence in college-level mathematics or statistics. At least 3 of the 24 semester hours must have been in calculus.

Evaluation of Education:

The primary requirement of operations research work is competence in the rigorous methods of scientific inquiry and analysis rather than in the subject matter of the problem. Therefore, applicants should have sufficient knowledge of applied mathematics to understand and use the fundamental concepts and techniques of operations research methods of analysis. In addition, some positions may require knowledge of a specific subject area.

Courses acceptable for qualifying for operations research positions may have been taken in departments other than Operations Research, e.g., Engineering (usually Industrial Engineering), Science, Economics, Mathematics, Statistics, or Management Science.

The following are illustrative of acceptable courses: optimization; mathematical modeling; queueing theory; engineering; physics (except descriptive or survey courses); econometrics; psychometrics; biometrics; experimental psychology; physical chemistry; industrial process analysis; managerial economics; computer science; measurement for management; mathematical models in social phenomena; and courses that involved application of operations research techniques and methodologies to problems of management, marketing, systems design, and other specialized fields; or other comparable quantitative analysis courses for which college-level mathematics or statistics is a prerequisite. Courses in theory of probability and statistics are highly desirable, but are not specified as minimum educational requirements because to do so would possibly exclude some applicants who would otherwise be well qualified.

Additional information

OTHER INFORMATION:

  • We may select from this announcement or any other source to fill one or more vacancies.
  • This is a non-bargaining unit position.
  • A recruitment incentive may be offered.
  • Relocation expenses will not be paid.
  • Student loan repayment may be offered.
  • We offer opportunities for telework.
  • We offer opportunities for flexible work schedules.
CONDITIONS OF EMPLOYMENT:
  • A one year probationary period may be required.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • This position requires that the successful candidate undergo personnel vetting, which includes a background investigation and enrollment upon onboarding into "Continuous Vetting." Enrollment in Continuous Vetting will result in automated record checks being conducted throughout one's employment with Treasury. The successful candidate will also be enrolled into FBI's Rap Back service, which will allow Treasury to receive notification from the FBI of criminal matters (e.g., arrests, charges, convictions) involving enrolled individuals in near real-time. For more information about individual rights, Noncriminal Justice Applicant's Privacy Rights - FBI, FD-258 Privacy Act Statement - FBI, and SEAD-3-Reporting-U.pdf (dni.gov).

Our comprehensive benefits are very generous. Our benefits package includes:

  • Challenging work, opportunities for advancement, competitive salaries, bonuses and incentive awards.
  • Eleven paid holidays, 13 days of sick leave, and 13 to 26 days of vacation time each year.
  • Access to insurance programs that may be continued after you retire.
  • A wide choice of health insurance plans, coverage for pre-existing conditions, and no waiting periods. We pay a substantial amount (up to 75%) of the health insurance premiums.
  • A retirement program which includes employer-matching contributions.
  • Learn more about Federal benefits programs at: https://help.usajobs.gov/index.php/Pay_and_Benefits

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 resumé, responses to the online questions, and required supporting documents. Please be sure that your resumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resumé may result in a "not qualified" determination.

Rating: Your application will be evaluated in the following areas: research and analysis, technical, and communication.

Category rating will be used to rank and select eligible candidates. If qualified, you will be assigned to one of three quality level categories, A (highest quality category), B (middle quality category), or C (minimally qualified category) depending on your responses to the online questions, regarding your experience, education, and training related to this position. Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application. Your application may be reviewed by a Subject Matter Expert.

Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview.

If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP)) you must be assigned the middle category or better to be rated as "well qualified" to receive special selection priority.

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