These positions are located in the Division of Resolutions and Receiverships of the Federal Deposit Insurance Corporation. Trainees will perform a variety of duties, and perform progressively more difficult assignments to gain increased knowledge of the work including participating in financial institution closings.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Summary
These positions are located in the Division of Resolutions and Receiverships of the Federal Deposit Insurance Corporation. Trainees will perform a variety of duties, and perform progressively more difficult assignments to gain increased knowledge of the work including participating in financial institution closings.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Yes—The FDIC offers position-specific telework options. Please see the Additional Information section below for more information on telework options. Telework options are subject to change.
Travel Required
Occasional travel - Occasional travel may be required.
Relocation expenses reimbursed
No
Appointment type
Recent graduates - Excepted Service appointment - potential conversion eligibility to the Competitive Service.
Work schedule
Full-time - Full time
Service
Excepted
Promotion potential
12 - CG-1101-12 - 7/9/11/12 Career Ladder Position
Applicants who have graduated within the last 2 years, or will graduate by May 2024, and have completed a qualifying degree or certificate from a qualifying educational institution. Veterans unable to apply within 2 years of receiving their degree, due to military service obligation, may have their eligibility period extended. The 2-year eligibility period begins upon release from active duty and may not extend beyond 6 years from degree completion (see Qualification Section).
Completion Of Financial Disclosure May Be Required.
Minimum Background Investigation (MBI) required
Completion of Recent Graduates Participant Agreement is required.
The applicants selected will be offered a position in the FDIC Pathways Recent Graduates Program, on an excepted service appointment. Program and conversion requirements will be identified in the FDIC Pathways Recent Graduates Participant Agreement. After successful completion of all the program requirements and based on the FDIC's budget and needs, recent graduates may be non-competitively converted to a term or permanent position in the competitive service. This is a career ladder position as a Resolutions and Receiverships Specialist with full performance level of CG-1101-12. However, service in the FDIC Pathways Recent Graduates Program confers no right to further employment in the competitive or excepted service.
Qualifications
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g. Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Additional qualifications information can be found here.
CG- 7: To qualify, candidates must meet one of the following requirements:
Education: Completion of 1 full year of graduate level education. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. OR
Superior Academic Achievement: Superior Academic Achievement and completion of a bachelor’s degree (see details below) OR
Experience: One year of specialized experience equivalent to at least the CG-5 grade level as described below OR
Combinations of education and experience: A combination of graduate level education and specialized experience as described above that together meet the qualification requirements for this position.
Specialized experience is experience: 1) gathering financial or capital market data; 2) generating financial reports from automated databases; 3) Applying analytical or evaluative methods to financial data to create metadata; and 4) reviewing balance sheets, income statements, income tax returns or financial projections for trends or discrepancies.
To qualify for SAA, applicants must have met one of the following:
1. A grade-point average of "B" (a GPA of 2.95 or higher out of a possible 4.0) as recorded on their official transcript, or as computed based on 4 years of education, or as computed based on courses completed during the final 2 years of the curriculum.
2. A grade-point average of "B+" (a GPA of 3.45 or higher out of a possible 4.0) based on the average of the required courses completed in the major field or the required courses in the major field completed during the final 2 years of the curriculum.
3. Rank in the upper one-third of your class in the college, University or major subdivision.
4. Membership in a national honor society (other than freshman honor societies) recognized by the Association of College Honor Societies.
CG-9:To qualify, candidates must meet one of the following requirements:
Education: Completion of a master's or equivalent graduate degree. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. OR Two full years of progressively higher level graduate education leading to such a degree. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. OR LL.B or J.D., if related OR
Experience: One year of specialized experience equivalent to at least the CG-7 grade level as described below OR
Combinations of education and experience: A combination of graduate level education and specialized experience as described above that together meet the qualification requirements for this position.
Specialized experience is experience: 1) gathering financial or capital market data; 2) generating financial reports from automated databases; 3) applying analytical or evaluative methods to financial data to create metadata; 4) reviewing balance sheets, income statements, income tax returns or financial projections to correct discrepancies or conducting income tax research and audits; and 5) monitoring assets and financial projections for risk assessment.
Education
See requirements stated under QUALIFICATIONS
Additional information
If selected, you may be required to serve a trial period.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
All selectees must sign an FDIC Pathways Recent Graduates Program Participant Agreement.
TELEWORK OPTIONS ARE SUBJECT TO CHANGE. For more information on telework at the FDIC, please reference the available telework options for this position here.
Selectee(s) for this position will be required to report to their duty station office at least 1 day per pay period beginning January 2, 2024, and at their supervisor’s direction to support mission and project needs. In person reporting requirements are expected to increase in July 2024.
The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 26.91% to a high of 33.41%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.
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.
See Vacancy Announcement
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 resume will be reviewed, including the online assessment questionnaire, to assess your ability to perform this job.
Top ranked candidates will be referred to the selecting official for further review and consideration. Candidates eligible for veterans' preference will receive selection priority over non-veterans. If you rated yourself higher than what is supported by your resume, your overall qualifications assessment may be adversely affected.
The assessment questionnaire is designed to measure your ability in the following competencies/knowledge, skills, and abilities (KSAs):
1. Knowledge of business administration, economics and/or financial principles.
2. Ability to communicate orally.
3. Ability to communicate in writing.
4. Ability to use a variety of software applications or financial database applications.
You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.
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.
See Vacancy Announcement
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.
In order to receive consideration for this position, you must submit the following documents by the closing date of the announcement in addition to answering the questions in the online assessment questionnaire. Please review the following to determine your eligibility and which document(s) is required to complete your application:
RESUME: This should validate the answers you provided in the online application. Your resume must include the month and year your degree was or will be received.
EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here: http://ope.ed.gov/accreditation. An official transcript will be required if you are selected. If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.
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: http://www.opm.gov/qualifications/policy/ApplicationOfStds-04.asp.
VETERANS’ PREFERENCE:
If you are claiming veterans’ preference, click here. (Note: Veterans must 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 (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans’ preference eligibility.)
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.
In order to receive consideration for this position, you must submit the following documents by the closing date of the announcement in addition to answering the questions in the online assessment questionnaire. Please review the following to determine your eligibility and which document(s) is required to complete your application:
RESUME: This should validate the answers you provided in the online application. Your resume must include the month and year your degree was or will be received.
EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here: http://ope.ed.gov/accreditation. An official transcript will be required if you are selected. If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.
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: http://www.opm.gov/qualifications/policy/ApplicationOfStds-04.asp.
VETERANS’ PREFERENCE:
If you are claiming veterans’ preference, click here. (Note: Veterans must 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 (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans’ preference eligibility.)
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.
