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Financial Economist, NB-0110-V

Department of the Treasury
Office of the Comptroller of the Currency
This job announcement has closed

Summary

As a Financial Economist you will serve as a staff member responsible for conducting projects involving economic analysis and research.

This position will be located in Compliance Risk Analysis Division of the Supervision Risk and Analysis Office in Washington, D.C.

Overview

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Reviewing applications
Open & closing dates
08/29/2024 to 09/11/2024
Salary
$101,297 to - $188,593 per year
Pay scale & grade
NB 5
Location
1 vacancy in the following location:
Washington, DC
Remote job
No
Telework eligible
No
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
5
Job family (Series)
Supervisory status
No
Security clearance
Not Required
Drug test
No
Position sensitivity and risk
High Risk (HR)
Trust determination process
Financial disclosure
No
Bargaining unit status
Yes
Announcement number
DH-HQ-DB-24-5152-12525665
Control number
806597000

This job is open to

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Clarification from the agency

U.S. Citizens and U.S. Nationals. No prior Federal service is required. This is a Direct Hire Public Notice. A government-wide Direct Hire Authority exists for Economist positions in the 0110 series. UNDER THIS AUTHORITY CATEGORY RATING, "RULE OF THREE", AND VETERANS' PREFERENCE PROCEDURES DO NOT APPLY.

Duties

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As a Financial Economist you will:

  • Provide support to the division research projects and other relevant empirical and economic analysis to help identify compliance risk at financial institutions.
  • Develop memoranda, presentations, and other products using data preparation and analysis to address matter related to the division ongoing responsibilities.
  • Conduct empirical analysis and develop sophisticated computer programs and code using sophisticated statistical software tools such as STATA or SAS, other quantitative analysis tools such as ArcGIS, programming language such as SQL JavaScript, R, or Python.
  • Manipulate datasets, validate data integrity, and integrate and synchronize new data and data sources, and enhance computer programs and code. Identify opportunities and take action to facilitate and improve data preparation and analysis.
  • Manage projects and initiatives to identify and analyze the relevant risks in the banking system, complex spatial and statistical abnormalities, and interrelated, obscure financial, economic, and behavioral relationships in the data.
  • Critically analyze, evaluate and make connections across multiple datasets of complex economic and financial information, identify and assess relevant data issues, and develop new insights and applications to applicable datasets to support the Division mission.

Requirements

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Conditions of employment

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.

There are three key documents that contain important information about your rights and obligations. Please read and retain these documents:

  • Noncriminal Justice Applicant's Privacy Rights, for those who undergo an FBI fingerprint-based criminal history record check for personnel vetting, which includes Rap Back,
  • FD-258 Privacy Act Statement - FBI (this is the same statement used when your fingerprints are submitted as part of your background investigation), and
  • SEAD-3-Reporting-U.pdf (dni.gov), (applicable to those who hold a sensitive position or have eligibility for access to classified information).
  • Complete a one-year probationary period (unless already completed).
  • Complete a background investigation (unless already completed).
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • 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.
  • Travel occasionally to attend conferences and/or training.
  • Obtain and use a Government-issued charge card for business-related travel.
  • File an OCC Financial Disclosure Form. Complete a financial disclosure review and resolve any ethics issues.
  • Click here for important information about OCC ethics standards, such as the requirement that new hires divest their bank securities.
  • Successfully complete a background investigation that includes criminal history, financial history (including a credit check) and other information.

Qualifications

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

BASIC REQUIREMENTS:
A: Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.

OR

B. A combination of education and experience: courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. Examples of qualifying experience include: a) individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation; b) supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or c) teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.

AND

In addition to meeting the BASIC REQUIREMENTS above
, you must meet and/or possess at least one of the following: One year of specialized experience at a level of difficulty and responsibility equivalent to the next lower level, NB-IV or GS-11 in the Federal service. Specialized experience for this position includes:

  • Applying analytical and research techniques (e.g., econometrics, quantitative analysis, etc.) to collect and analyze data;

AND

  • Using appropriate computer applications and statistical software (e.g. Stata, SAS, etc.), to empirically analyze data to develop reports, and present economic, financial or statistical information.

This experience may have been gained in the public sector, private sector, or through volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis.

To receive any credit for your work experience, please indicate dates of employment by month/year, and indicate the number of hours worked per week, on your resume.

Education

Please see Qualifications section for education.

Additional information

  • This position is included in the bargaining unit.
  • Salary range include 25.04% geographical pay.
  • If you are a current OCC employee who previously received a waiver determination permitting you to retain bank securities due to extenuating circumstances, please note that this determination may be rescinded if the nature of your duties changes. We strongly suggest that you discuss the potential implications of any change in duties on a prior securities determination with your ethics official.
  • We may select from this announcement or any other source to fill one or more positions.
  • Click all links in this vacancy announcement to view additional information and instructions.
  • The candidate selected for this position may be credited with directly related non-Federal experience for annual leave purposes if eligible and considered appropriate.
  • Please refer to "Conditions of Employment."
  • Click "Print" to review the entire announcement before applying.
  • The Fair Chance to Compete for Jobs Act prohibits the Department of Treasury and its bureaus from requesting an applicant's criminal history record before that individual receives a conditional offer of employment. In accordance with 5 U.S. Code § 9202(c) and 5 C.F.R § 920.201 certain positions are exempt from the provisions of the Fair Chance to Compete Act. Applicants who believe they have been subjected to a violation of the Fair Chance to Compete for Jobs Act, may submit a written complaint to the Department of Treasury by email at, FairChanceAct@treasury.gov. To learn more, please visit our page at: Treasury.gov/fairchanceact.

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

Referral: All applicants who meet the minimum qualifications for the position will be referred to the 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 Well-Qualified to receive special selection priority. "Well-Qualified" means conducting and managing research projects and activities involving the application of economic/econometric techniques and quantitative modeling related to capital markets examination of national banks/federal savings associations.

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