This position is located in the Division of Insurance and Research, National and Regional Risk Analysis Branch, Economic Analysis Section of the Federal Deposit Insurance Corporation and conducts financial and economic analyses and other projects in support of the Corporation’s efforts to identify, monitor and address existing and emerging aggregate risks to the FDIC’s Deposit Insurance Fund.
Summary
This position is located in the Division of Insurance and Research, National and Regional Risk Analysis Branch, Economic Analysis Section of the Federal Deposit Insurance Corporation and conducts financial and economic analyses and other projects in support of the Corporation’s efforts to identify, monitor and address existing and emerging aggregate risks to the FDIC’s Deposit Insurance Fund.
Yes—The FDIC offers position-specific telework options. Please see the Additional Information section below for more information. Telework options are subject to change.
Travel Required
Occasional travel - Occasional travel may be required.
At the full performance level, major duties include:
Works with staff and management of the Division and other FDIC business units to identify and define appropriate topics of inquiry related to economic trends and their implications for the banking industry.
Monitors ongoing economics, financial and banking trends that influence risks to the insurance funds, including trends in the global economy, the U.S. macro-economy, key industry sectors, the markets for money, capital, commodities and foreign exchange, and economic and financial policy issues.
Conducts complex economic analysis and research to ascertain the relationship between economic, financial market, and other factors with the banking industry and the financial system.
Constructs original, informative visualizations, including charts, simulations, and other illustrations to convey complex information quickly and clearly to non-technical audiences.
Writes clear and concise descriptions of relevant risks and trends, incorporating accepted methods of economic, financial and statistical analysis, and also incorporating the input of other DIR management and staff to ensure that written material reflects the collective judgment of the organization.
Writes studies, reports and briefing materials that present key findings of analysis.
Present analytical results to the management and professional staff of the Division, the FDIC and other organizations with an interest in these topics.
Completion of Financial Disclosure may be required.
Minimum Background Investigation (MBI) required.
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 Requirement:
Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
Or
Combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.
In addition to the basic requirements stated above, applicants must also possess specialized experience.
To qualify for the CG-12, applicants must have completed at least one year of specialized experience equivalent to at least the grade 11 level or above in the Federal service. Specialized experience is experience using economic principles and theories to conduct research on trends or relationships in the economy, financial system, or financial services industry; applying economic theories and principles or econometric techniques; gathering data and conducting analysis in statistical programs and software packages to answer research questions, and summarizing results and trends in writing.
To qualify for the CG-13, applicants must have completed at least one year of specialized experience equivalent to at least the grade 12 level or above in the Federal service. Specialized experience is experience using economic principles and theories to propose and conduct research on trends or relationships in the economy, financial system, or financial services industry; proposing and developing a research framework by applying economic theories and principles and employing econometric techniques; gathering data and conducting analysis in statistical programs and software packages to answer research questions.
To qualify for the CG-14, applicants must have completed at least one year of specialized experience equivalent to at least the grade 13 level or above in the Federal service. Specialized experience is experience using economic principles and theories to propose, conduct and verify/validate research on trends or relationships in the economy, financial system, or financial services industry; proposing and carrying out a research framework by applying economic theories and principles and employing econometric techniques independently ; gathering data and conducting analysis in statistical programs and software packages to answer research questions. In addition, must have experience evaluating the implications of financial and economic events for policy development, evaluate systemic financial risk, or evaluate economic policy or policy concerning the condition of the banks or other financial institutions.
YOU MUST PROVIDE ALL TRANSCRIPT(S) (unofficial copy is acceptable).
Education
See requirements stated under QUALIFICATIONS.
Additional information
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 probationary period.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
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.
In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.
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.
This is a Direct-Hire Public Notice. Applications will be accepted for the location identified in the public notice. Veteran’s preference and traditional rating and ranking of applicants DO NOT apply to positions filled under this public notice.
All complete applications (transcripts must be included, if applicable) will be verified for eligibility requirements and will be submitted to the hiring official upon request.
Upon the submission of your application package to USAJobs.gov, you will receive an automatic reply informing you that your application has been submitted, received and is being processed. If you provided an email address, you will receive an email message acknowledging the receipt of your application. Your application will remain active through the open period of this Public Notice. You will not receive any additional notifications, and your resume may not be reviewed for qualifications unless a position is requested to be filled by the hiring official. After you submit your application, you will be contacted only if further evaluation or interviews are required or upon your selection.”
If requested by Management, your application will be reviewed to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, 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.
You do not need to respond separately to these KSAs. Your resume will serve as responses to the KSAs.
Knowledge of the principles, theories, research methods, and techniques of economics and finance.
Ability to apply financial, statistical, and mathematical methodologies such as econometric/time series/statistical and simulation techniques, to illustrate and support conclusions about economic and/or financial trends.
Ability to use software as spreadsheets, programming, database management, report writing, or graphical presentation applications (SAS, Stata, R, Python, Microsoft Office, or other programming tools) to compile and provide information for analytical decisions.
Ability to plan and carry out economic analyses using multiple software packages to address economic issues related to banking, develop conclusions and present the results of the analysis.
Ability to communicate in writing, through reports and publications, information of the financial and banking community.
Ability to conduct and direct original research in topics in economy and/or financial markets and make practical applications for such research.
Skill in facilitating the organization, direction, and coordination of research programs on issues related to economic policy, the financial system and banking operations.
Ability to develop and present reports and presentations to relate findings and recommendations, and identify problems.
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.
In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.
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.
INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a displaced Federal employee eligible for consideration under ICTAP, you must submit proof of eligibility. For more information, click here.
EDUCATION DOCUMENTS: This position has a positive education requirement. In order to be considered, you must 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. 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.
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 point of contact 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 ApplicationInformation” to continue.
You have until 11:59 p.m. ET (Eastern 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
FDIC Human Resources Branch
3501 Fairfax Drive
HRB (PA-1730-5007)
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.
INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a displaced Federal employee eligible for consideration under ICTAP, you must submit proof of eligibility. For more information, click here.
EDUCATION DOCUMENTS: This position has a positive education requirement. In order to be considered, you must 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. 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.
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 point of contact 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 ApplicationInformation” to continue.
You have until 11:59 p.m. ET (Eastern 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
FDIC Human Resources Branch
3501 Fairfax Drive
HRB (PA-1730-5007)
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.
