This position is located in Division of Depositor and Consumer Protection (DCP), Consumer Research Unit and is responsible for conducting and advising on major economic research and analysis projects.
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 Division of Depositor and Consumer Protection (DCP), Consumer Research Unit and is responsible for conducting and advising on major economic research and analysis projects.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
At the full performance level, major duties include:
Plans, conceptualizes, and conducts research on consumer access to and use of banking and financial services and engagement with the banking and financial services industry and markets, with particular emphasis on how these developments affect FDIC-insured institutions.
Leads, or takes a significant role in, the planning, development and production of major and minor FDIC publications to disseminate analysis to supervisory personnel, senior management of the Corporation, other regulators, the industry, the academic community, and the general public.
Performs mathematical, econometric and statistical calculations; constructs visual aids that convey technical information to general audiences.
Plans and carries out research projects, studies, and analyses, including determination of data needed to complete assignments; sources, reliability, and availability of such data; methods appropriate to carry out the analysis; evaluation techniques to be used in interpreting findings.
Writes clear and concise descriptions of analyses and findings, incorporating the input of other DCP management and research staff to ensure that the findings included in the written material is supported by the research methods, data, and techniques employed in the study.
Publishes studies in external publications including Working Papers, FDIC Staff Studies, and other FDIC publications, as well as peer-reviewed journals.
Presents economic research at seminars and conferences. Provides constructive feedback on the research of colleagues by participating in seminars, discussing papers at conferences, and refereeing for peer-reviewed journals.
Completion of Confidential 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.
To qualify, applicants must meet the Basic Requirements and the minimum qualifications to qualify for each grade they wish to be considered for.
Basic Requirement:
A) Degree in 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.
In addition to meeting the Basic Requirement above, applicants must also meet the minimum qualifications to be considered:
To qualify for the CG-12, applicants must have completed at least one year of specialized experience equivalent to at least the GS/CG-11 grade level or above in the Federal service. Specialized experience is defined as:
Experience using economic principles and theories to perform economic research and analysis of the financial services industry or of economic policy; designing and using advanced financial or econometric models.
To qualify for the CG-13, applicants must have completed at least one year of specialized experience equivalent to at least the GS/CG-12 grade level or above in the Federal service. Specialized experience is defined as:
Experience using economic principles and theories to perform economic research and analysis of the financial services industry or of economic policy to inform economic policy decisions; designing and using advanced financial or econometric models as part of a publication or to meet an institutional objective.
To qualify for the CG-14, applicants must have completed at least one year of specialized experience equivalent to at least the GS/CG-13 grade level or above in the Federal service. Specialized experience is defined as:
Experience using economic principles and theories to perform economic research and analysis of the financial services industry or of economic policy to inform policy or business decisions; designing and using advanced financial or econometric models to address specific economic policy problems; and presenting analytical results.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined “well qualified” for this position. For more information, click here.
Education
There is no substitution of education for the experience for this position.
Additional information
Due to the high volume of qualified applicants expected to apply, cut-off dates for applications are established to review and refer qualified candidates until all vacancies are filled. The first cut-off date is 12/17/2024, the second cut-off date is 12/24/2024, and the third cut-off date is 12/31/2024.
Complete application packages must be received by each cut-off date in order to be considered.
If selected, you may be required to serve a probationary period.
Selectee(s) for this position will be required to report to their duty station office two days per week.
To read about your rights and responsibilities as an applicant for Federal employment, 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.
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.
Ability to conduct research and lead a team of researchers in the production of research studies or the development of quantitative models.
Ability to work with other professional and support staff, including economists, financial analysts, and research assistants, to produce studies related to banking and consumer finance.
Ability to identify and conceptualize research needs and plan and coordinate the work of a team to conduct studies and document data and findings in reports or articles.
Knowledge of concepts in employing methods used in mathematical and statistical calculations.
Ability to plan and carry out economic analyses using multiple software packages to address economic issues related to banking and consumer finance, develop conclusions, and present the results of the analysis.
Ability to use software such as spreadsheets, programming, database management, report writing, or graphical presentation applications (such as: SAS, Stata, Python, or R) to compile and provide information for analytical decisions.
Ability to apply financial, economic, statistical, and mathematical methodologies to illustrate and support conclusions about economic and/or financial trends.
Ability to develop and present oral reports and presentations to relate findings and recommendations, identify problems.
Ability to develop and present written reports and presentations to relate findings and recommendations, 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: 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. 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
Arlington, Virginia 22226
United States
Next steps
The Fair Chance Act prohibits inquiries concerning an applicant's criminal history information unless the hiring agency has made a conditional (tentative) offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Federal Deposit Insurance Corporation’s Human Resources Staffing Policy and Accountability team at HRPolicyTeam@fdic.gov
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: 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. 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
Arlington, Virginia 22226
United States
Next steps
The Fair Chance Act prohibits inquiries concerning an applicant's criminal history information unless the hiring agency has made a conditional (tentative) offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Federal Deposit Insurance Corporation’s Human Resources Staffing Policy and Accountability team at HRPolicyTeam@fdic.gov
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.
