This position is located in the Division of Resolutions and Receiverships, HQ or Dallas Regional Office of the Federal Deposit Insurance Corporation and provides support in the areas of data science, data modeling and analytics work of the organization.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Summary
This position is located in the Division of Resolutions and Receiverships, HQ or Dallas Regional Office of the Federal Deposit Insurance Corporation and provides support in the areas of data science, data modeling and analytics work of the organization.
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
Service
Excepted
Promotion potential
12 - Grade 12 - CG-1560-12 - 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).
-Identifies, gathers, and analyzes a range of financial information pertaining to FDIC-insured commercial banks and thrifts, asset resolution strategies, financial market benchmarks and industry trends.
-Performs basic analysis to assist in determining techniques for data-driven analytical software to programmatically prepare, clean, and augment imperfect data for business analytics.
-Conducts analysis supporting research; prepares preliminary write-ups of findings; locates and collects relevant data to analyze a specified problem; and updates databases for data visualizations, financial modeling and data analytic initiatives concerning existing and emerging risks.
-Prepares a study plan to enhance the knowledge base of the Modeling & Analytics team and contributes to division-wide initiatives.
-Prepares preliminary report findings, recommendations, and presentations.
Completion Of Financial Disclosure May Be Required.
Minimum Background Investigation (MBI) required
Completion of FDIC Pathways Recent Graduates Program Participant Agreement is required, if selected.
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 Program 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 Data Scientist with full performance level of CG-1560-12. 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.
Basic Requirements:
1.Degree: Mathematics, statistics, computer science, data science or field directly related to the position. The degree must be in a major field of study (at least at the baccalaureate level) that is appropriate for the position.
- OR -
2. Combination of Education and Experience: Courses equivalent to a major field of study (30 semester hours) as shown in paragraph A above, plus additional education or appropriate experience.
In addition to meeting the Basic Requirements above, applicants may qualify at the CG-07 level by one of the following:
Experience: One year of specialized experience equivalent to at least the 5-grade level or above in the Federal service. Specialized experience is experience preparing reports, design tables and charts of mathematical and data modeling theories in support of financial modeling needs.
-or-
Education: Completion of 1 full year of graduate level education, or eligibility under the Superior Academic Achievement (SAA) with completion of a bachelor's degree. If utilizing SAA, you must submit your transcripts or proof of your national honor society membership.
Click here for Superior Academic Achievement qualification requirements. Degree: Mathematics, statistics, computer science, data science or field directly related to the position. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work.
-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.
In addition to meeting the Basic Requirements above, applicants may qualify at the CG-09 level by one of the following:
Experience: One year of specialized experience equivalent to at least the 7-grade level or above in the Federal service. Specialized experience is experience supporting financial modeling needs; identifying and evaluating data modeling theories and analytics; researching and collecting financial data; and utilizing computer programming skills such as Python, R, VBA and other statistical tools to manipulate various economic scenarios.
-or-
Education: Applicants must possess a master's or equivalent graduate degree, or 2 full years of progressively higher level education leading to such a degree, or LL.B. or J.D., if related. Degree: Mathematics, statistics, computer science, data science or field directly related to the position. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work.
-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.
Education
See requirements stated under QUALIFICATIONS.
Additional information
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.
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.
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.
Completion of FDIC Pathways Recent Graduates Program Participant Agreement is required, if selected.
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.
The online assessment questions and resume you submit for this position will be reviewed to determine whether you meet the basic eligibility and qualification requirements as outlined in this announcement. Therefore, it is imperative that the documents you submit contain sufficiently detailed information upon which to make this basic qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, the average number of hours worked per week, and if the position is/was in the Federal government, you should provide the position series and grade level.
If you meet the basic eligibility and qualification requirements, you may be referred to the selecting official for further review and consideration. Candidates who are eligible for veterans' preference will receive selection priority.
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 mathematical and data modeling theories and principles.
2. Knowledge of machine learning and mathematical and data modeling theories, techniques, and methods. 3. Knowledge of mathematics/statistics, computer science/computer engineering, data science, and other STEM related fields.
4. Ability to apply concepts and methods gained from majors such as mathematics/statistics, computer science/computer engineering, data science, and other STEM related fields.
5. Ability to use programming skills of mainstream languages such as Python, R, VBA, and other data management and statistical tools.
6. Ability to present written correspondence.
7. Ability to present written reports and presentations.
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.
RESUME: A resume (must be submitted by the closing date of this announcement). Note: Your resume should include your graduation date or anticipated graduation day and hours worked per week.
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.
ForeignEducation: 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.
EDUCATION DOCUMENTS: A copy of all college transcripts (an unofficial transcript is acceptable) showing:
Classes you are currently enrolled (by the closing date of this announcement)
Overall cumulative GPA (by the closing date of this announcement)
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.
RESUME: A resume (must be submitted by the closing date of this announcement). Note: Your resume should include your graduation date or anticipated graduation day and hours worked per week.
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.
ForeignEducation: 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.
EDUCATION DOCUMENTS: A copy of all college transcripts (an unofficial transcript is acceptable) showing:
Classes you are currently enrolled (by the closing date of this announcement)
Overall cumulative GPA (by the closing date of this announcement)
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.
