CFPB is an independent bureau within the Federal Reserve System created under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Bureau regulates the offering and provision of consumer financial products or services under federal consumer financial laws and educates and empowers consumers to make better informed financial decisions.
The Office of Supervision Examinations is recruiting for Compliance Examiners in the West, Midwest, Northeast, and Southeast Regions.
Summary
CFPB is an independent bureau within the Federal Reserve System created under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Bureau regulates the offering and provision of consumer financial products or services under federal consumer financial laws and educates and empowers consumers to make better informed financial decisions.
The Office of Supervision Examinations is recruiting for Compliance Examiners in the West, Midwest, Northeast, and Southeast Regions.
Per CFPB 2024 Base Pay Band Ranges; actual salary will be based on the geographic location of the selectee(s) for this position.
Pay scale & grade
CN 51
Location
Many vacancies 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
75% or less - You will be expected to travel 75% or less of your regular work schedule; 11 or more nights per month away from home in a travel status. The work of the position routinely requires transporting items such as luggage, laptops, and files.
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
52 - There must be sufficient work at the next higher level AND employees must meet qualification requirements of the next higher level, demonstrate ability to perform the work required at the next higher level, and rate Solid Performer or higher.
This announcement is for Compliance Examiners in the West, Midwest, Northeast, and Southeast Regions. These career-ladder positions are located within the Consumer Financial Protection Bureau (CFPB), Office of Supervision Examinations. The function of the office is to conduct consumer protection supervision and examinations at a wide variety of depository financial institutions and non-depository financial services. You will rotate through the Bureau's examinations and supervisory activities under a designed development plan to gain exposure to, and participate in, depository financial institutions' and non-depository consumer financial services companies' (regulated entities) examination and supervision activities and programs.
The duties of the position require you to work on-site at regulated entities in order to conduct supervisory activities. This on-site work generally includes, but is not limited to: accessing, testing and or reviewing entity work materials, transactions, and systems that are not portable or available offsite; interviewing entity personnel; observing entity operations and transactions; and conducting meetings with entity senior leadership. The following are duties at the full performance level of this position, CN-52 (equivalent to the GS-12 level). If you are selected at a lower level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.
Develop and implement supervision strategies for regulated entities being examined.
Evaluate adequacy of Board and/or management oversight of the compliance program.
Evaluate adequacy of the regulated entity's compliance program, including policies, procedures, controls, staff expertise and training.
Assess risk and prepare Risk Profile of the entity and affiliates.
Examine the entity's audit procedures, including resource materials.
When not on-site conducting examinations, you will perform work from your duty location. You will be duty-stationed at your home address and affiliated with a CFPB Supervision Region for reporting purposes. You must travel to a satellite office when required. To view a map of CFPB Supervision regions, click here.
West - Regional Headquarters in San Francisco: California, Nevada, Utah, Colorado, Kansas, Arizona, New Mexico, Washington, Oregon, Idaho, Montana, Wyoming, North Dakota, South Dakota, Nebraska, Alaska, Hawaii, and Guam.
Midwest - Regional Headquarters in Chicago: Minnesota, Iowa, Illinois, Michigan, Ohio, Indiana, Kentucky, Missouri, and Wisconsin.
Northeast - Regional Headquarters in New York: Connecticut, Delaware, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virgin Islands, and Puerto Rico.
Southeast - Regional Headquarters in Atlanta: Alabama, Arkansas, Florida, Georgia, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
Your duty station must be an approved location in accordance with the agency's collective bargaining agreement (CBA). Duty stations are subject to agency approval during the pre-employment process. To receive a final offer of employment for this position, you must reside within 90 minutes commuting time of an approved airport within the contiguous United States (the lower 48 states and the District of Columbia) which has daily flights to three frequented destination airports within your assigned region.
The Salary Range for this position shows the lowest minimum salary without locality pay up to the highest maximum salary without locality pay per the CFPB 2024 Base Pay Band Ranges. Your pay will depend on your pay band and home duty station locality pay area.
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 Consumer Financial Protection Bureau (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.
You may be required to complete a probationary period.
You must complete a Public Trust background investigation.
You must file a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
You must meet all the requirements of the Examiner Commissioning Program (ECP). Completion of the ECP within 7 years of entry on duty, or within 5 years of promotion to CN-51 is required to reach the full performance level of this position, CN-52.
You must meet all qualifications requirements by the closing date of this announcement.
Qualifications
MINIMUM QUALIFICATIONS: To be considered minimally qualified for this position, you must demonstrate that you have the education and/or experience required for the level(s) to which you apply.
For the purpose of determining qualifications, per 12 CFR Part 1003.2(g), Financial Institutionmeans a depository financial institution or a nondepository financial institution.
Depository Financial Institution means a bank, savings association, or credit union.
Nondepository Financial Institution means a for-profit mortgage-lending institution (other than a bank, savings association, or credit union).
To qualify at the CN-51 (or GS-11) level, you must meet one of the following:
Specialized Experience: You must have at least 1 year (12 months) of specialized experience at the CN-40 level (broadly equivalent to the GS-09 grade level) in the Federal service related to the duties of this position. Specialized experience includes performing or overseeing examinations, audits, investigations or similar processes; and ALL of the following:
Researching, analyzing and interpreting financial regulations, laws, practices or procedures;
Examining or auditing such financial institutions as savings and loan associations, savings or commercial banking institutions or trust companies, farm credit associations, or Federal or State credit unions;
Communicating, both orally and in writing, legal, regulatory or technical financial subjects; AND
Developing recommendations from reviews and analysis of financial institution examinations or audits.
OR
Education: You must have a Ph.D or equivalent doctoral degree or 3 years (54 semester hours) of progressively higher level graduate education leading to such a degree with major study in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position (e.g., business management, political science, public administration.), or a master of laws (LL.M.)
OR
Combination: You must have a combination of the specialized experience and graduate level education described as described above that totals 100% when combined. Only graduate level education beyond the first 36 semester hours of graduate level study may be combined with experience.
When citing your education and/or experience, be clear and specific. We cannot make assumptions about your education and/or experience. If your transcripts and/or resume do not support your application questionnaire answers, we will not allow credit for your response(s).
Education
It is your responsibility to provide documentation that you meet the education qualification(s) you claim. If you do not submit transcripts we will not use your claimed education when determining if you are qualified for the position.
Transcripts: You may submit official or unofficial transcripts as part of the application process. If you are selected, you will be required to provide official transcripts to receive a final offer of employment. A transcript is a copy of your permanent academic record and includes:
Your full name.
The name of the college, university, or other educational institution.
Your major and degree.
The date your degree was awarded/conferred.
Your cumulative grade point average (GPA).
Any honors you received.
The dates you attended the school.
A list of the courses you took, to include the total number of credits completed.
Academic degrees must be granted from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. To determine if a school or program is accredited, refer to the Database of Accredited Postsecondary Institutions and Programs.
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; or full credit has been given for the courses at a U.S. accredited college or university. For more information, click here.
Additional information
Reasonable Accommodation (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments, if you receive the link after the close of the announcement. To determine if you need RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments here.
The Interagency Career Transition Assistance Plan (ICTAP) provides eligible displaced Federal competitive service employees with selection priority over other candidates for competitive service vacancies. If your agency has notified you in writing that you are a displaced employee eligible for ICTAP consideration, you may receive selection priority if: 1) this vacancy is within your ICTAP eligibility; 2) you apply under the instructions in this announcement; and 3) you are found well-qualified for this vacancy. To be well qualified, you must satisfy all qualification requirements for the vacant position and have a final assessment score of 90 or better. You must provide proof of eligibility with your application. Such proof may include a copy of your written notification of ICTAP eligibility or a copy of your separation personnel action form. For additional information about ICTAP eligibility click here.
The Career Transition Assistance Plan (CTAP) provides eligible surplus and displaced competitive service employees in the agency with selection priority over other candidates for competitive service vacancies. If your agency component has notified you in writing that you are a surplus or displaced employee eligible for CTAP consideration, you may receive selection priority if: 1) this vacancy is within your CTAP eligibility, 2) you apply under the instructions in this announcement, and 3) you are found well-qualified for this vacancy. To be well qualified, you must satisfy all qualification requirements for the vacant position and have a final assessment score of 90 or better. You must provide a copy of your written notification of CTAP eligibility with your application. For additional information about CTAP eligibility click here.
Note: This announcement may be used to fill like positions in other organizations within the Bureau. We may select from this announcement or any other source to fill one or more vacancies.
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.
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 qualifications will be evaluated based on your application materials (e.g., resume, supporting documents), your responses on the application questionnaire, and your responses to all assessments required for this position. You will be assessed on the following competencies (knowledge, skills, abilities, and other characteristics):
Accountability
Attention to Detail
Customer Service
Decision Making
Flexibility
Influencing/Negotiating
Integrity/Honesty
Interpersonal Skills
Learning
Reading Comprehension
Reasoning
Self-Management
Stress Tolerance
Teamwork
Writing
The USA Hire Assessments include a cut score based on the minimum level of required proficiency in these critical general competencies. You must meet or exceed the cut score to be considered. You will not be considered for the position if you score below the cut score or fail to complete the assessment.
Overstating your qualifications and/or experience in your application materials or application questionnaire may result in your removal from consideration. Cheating on the online assessment may also result in your removal from consideration.
Category rating will be used to rank and select eligible candidates. If qualified, you will be assigned to one of three quality categories, A, B or C 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 Package.
Although veterans' preference points are not assigned under category rating procedures, veterans' preference eligibles are listed ahead of non-veterans within each category for which they are qualified. In addition, qualified veterans with a compensable service-connected disability of 10% or more are placed at the top of the highest quality category.
Names of all candidates in the highest quality category will be sent to the hiring official for employment consideration (unless a sufficient number of qualified veterans are found - in which only those names will be initially certified). Candidates within the highest quality category who are eligible for veterans' preference will receive selection priority over non-veteran preference eligibles.
Carefully read and follow the instructions outlined in this announcement. Errors or omissions may affect your eligibility to be considered for this announcement and/or qualifications for the position. Failure to submit a complete Application Package may result in an ineligible rating.
If you fail to meet the conditions of employment or any other pre-employment requirements, such as missing any of the scheduled appointments, the hiring agency may rescind their tentative offer of employment.
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.
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.
You must submit a complete Application Package including:
Your Resume showing complete information for each job entry: company or agency name, beginning and ending dates of employment (month/year), total hours worked per week, position title, duties performed, and, if the position is/was Federal, pay plan-series-grade level; Cover Letter optional.
Other Supporting Documents, if applicable to you:
Transcripts, if qualifying based on education. If you do not submit transcripts, as outlined in the Education section, we will not use your claimed education when determining if you are qualified for the position.
Veterans' Documentation, if you are claiming preference and/or special hiring authority for veterans eligibility,you must submit official documentation of service and separation from active duty under honorable conditions. The member 4 copy of your DD214 is preferred. If claiming preference and/or eligibility as a disabled veteran, you must also submit official documentation of service-connected disability; and the Application for 10-Point Veteran Preference, Standard Form 15.
Active Duty Service Members expecting to be discharged or released from active duty service in the armed forces under honorable conditions within 120 days may be granted tentative preference and/or special hiring authority for veterans eligibility by submitting a "certification" document in lieu of a DD214. This "certification" is any written document from the armed forces that certifies you are expected to be discharged or released from active duty service under honorable conditions not later than 120 days after the date of the submission of the certification. For more information on veterans' preference and special hiring authorities for veterans click here.
Any other Supporting Documentation required for verification as described in the announcement.
For more information on writing a Federal resume, visit the Partnership for Public Service Go Government website.
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.
Please read the entire announcement and all instructions before you begin your application. To apply for this position, you must complete all required questionnaires, assessments and submit all required documentation as specified in the Required Documents section. You must submit a complete Application Package by 11:59 PM (ET) on 03/20/2024 to be considered. The application process is as follows:
Click the Apply Online button.
Answer the questions presented in the application and attach all necessary supporting documentation.
Click the Submit Application button prior to 11:59 PM (ET) on the announcement closing date.
If you are required to complete any USA Hire Assessments, you will be notified after submitting your application. The notification will be provided in your application submission screen and via email. The notification will include your unique assessment access link to the USA Hire system and the completion deadline. Additionally, in USAJOBS you can click "Track this application" to return to your assessment completion notice.
Access USA Hire using your unique assessment link. Access is granted through your USAJOBS login credentials.
Review all instructions prior to beginning your assessments. You will have the opportunity to request a testing accommodation before beginning the assessments should you have a disability covered under the Rehabilitation Act of 1973 as amended.
Set aside at least 3 hours to take the USA Hire Assessments; however, most applicants complete the assessments in less time. If you need to stop the assessments and continue at a later time, you can re-use your unique assessment link.
Your responses to the USA Hire Assessments will be reused for one year (in most cases) from the date you complete an assessment. If future applications you submit require completion of the same assessments, your responses will be automatically reused.
For USA Hire Online Assessments general information, system requirements, sample items, what to expect, and reasonable accommodation information, or to request technical USA Hire assistance review the help content.
To see your application and job status: After you apply for the job, return to your USAJOBS account where you can check your application status by clicking the Track this application link. Your application status page is where you can view your application status, USA Hire assessment completion status, and review your notifications sent by the hiring agency regarding your application. USAJOBS shows the job status on your Dashboard.
For more information on applying to a Federal job, visit the Partnership for Public Service Go Government website.
You must submit a complete Application Package including:
Your Resume showing complete information for each job entry: company or agency name, beginning and ending dates of employment (month/year), total hours worked per week, position title, duties performed, and, if the position is/was Federal, pay plan-series-grade level; Cover Letter optional.
Other Supporting Documents, if applicable to you:
Transcripts, if qualifying based on education. If you do not submit transcripts, as outlined in the Education section, we will not use your claimed education when determining if you are qualified for the position.
Veterans' Documentation, if you are claiming preference and/or special hiring authority for veterans eligibility,you must submit official documentation of service and separation from active duty under honorable conditions. The member 4 copy of your DD214 is preferred. If claiming preference and/or eligibility as a disabled veteran, you must also submit official documentation of service-connected disability; and the Application for 10-Point Veteran Preference, Standard Form 15.
Active Duty Service Members expecting to be discharged or released from active duty service in the armed forces under honorable conditions within 120 days may be granted tentative preference and/or special hiring authority for veterans eligibility by submitting a "certification" document in lieu of a DD214. This "certification" is any written document from the armed forces that certifies you are expected to be discharged or released from active duty service under honorable conditions not later than 120 days after the date of the submission of the certification. For more information on veterans' preference and special hiring authorities for veterans click here.
Any other Supporting Documentation required for verification as described in the announcement.
For more information on writing a Federal resume, visit the Partnership for Public Service Go Government website.
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.
Please read the entire announcement and all instructions before you begin your application. To apply for this position, you must complete all required questionnaires, assessments and submit all required documentation as specified in the Required Documents section. You must submit a complete Application Package by 11:59 PM (ET) on 03/20/2024 to be considered. The application process is as follows:
Click the Apply Online button.
Answer the questions presented in the application and attach all necessary supporting documentation.
Click the Submit Application button prior to 11:59 PM (ET) on the announcement closing date.
If you are required to complete any USA Hire Assessments, you will be notified after submitting your application. The notification will be provided in your application submission screen and via email. The notification will include your unique assessment access link to the USA Hire system and the completion deadline. Additionally, in USAJOBS you can click "Track this application" to return to your assessment completion notice.
Access USA Hire using your unique assessment link. Access is granted through your USAJOBS login credentials.
Review all instructions prior to beginning your assessments. You will have the opportunity to request a testing accommodation before beginning the assessments should you have a disability covered under the Rehabilitation Act of 1973 as amended.
Set aside at least 3 hours to take the USA Hire Assessments; however, most applicants complete the assessments in less time. If you need to stop the assessments and continue at a later time, you can re-use your unique assessment link.
Your responses to the USA Hire Assessments will be reused for one year (in most cases) from the date you complete an assessment. If future applications you submit require completion of the same assessments, your responses will be automatically reused.
For USA Hire Online Assessments general information, system requirements, sample items, what to expect, and reasonable accommodation information, or to request technical USA Hire assistance review the help content.
To see your application and job status: After you apply for the job, return to your USAJOBS account where you can check your application status by clicking the Track this application link. Your application status page is where you can view your application status, USA Hire assessment completion status, and review your notifications sent by the hiring agency regarding your application. USAJOBS shows the job status on your Dashboard.
For more information on applying to a Federal job, visit the Partnership for Public Service Go Government website.
