The FRTIB is looking for a highly qualified and motivated individual to serve as the Deputy Chief Investment Officer.
Special selection priority consideration will be given under the Career Transition Assistance program (CTAP) and the Interagency Career Transition Assistance Program (ICTAP) to well-qualified surplus or displaced candidates within the local commuting area.
Summary
The FRTIB is looking for a highly qualified and motivated individual to serve as the Deputy Chief Investment Officer.
Special selection priority consideration will be given under the Career Transition Assistance program (CTAP) and the Interagency Career Transition Assistance Program (ICTAP) to well-qualified surplus or displaced candidates within the local commuting area.
Status candidates and non-competitive eligibles; Current federal employees who hold or held a non-temporary career or career-conditional appointment; Persons eligible for reinstatement; Persons eligible for non-competitive appointment under special hiring authorities; Veterans' preference eligibles or veterans who have been separated from the Armed Forces under honorable conditions after substantially completing at least 3 consecutive years of active duty; Military Spouses
Serve as the Chief Investment Officer's (CIO) deputy by managing office operations, staff, and resources to ensure investment programs run efficiently and effectively.
Provide senior investment leadership by overseeing investment policies, risk management, performance analysis, and resolution of complex investment issues.
Lead the selection, oversight, and performance evaluation of external investment managers and contractors supporting the Agency's investment portfolio.
Direct procurement and Request for Proposals processes to acquire investment management services and ensure contractors meet operational and performance requirements.
Supervise and develop professional staff by setting priorities, evaluating performance, and fostering a high-performing, accountable investment team.
All qualification requirements must be met by 05/18/2026. Your application package will not be considered if it is missing any of the required documents listed under the "Required Documents" tab. Failure to submit required documentation will impact your eligibility for this position. If you have any concerns or questions regarding required documents, please contact FRTIB Operations (contact information is noted below in this announcement) prior to the closing date of this announcement.
Probationary Period. One-year probationary period may be required.
Supervisory Probationary Period. One-year supervisory probationary period may be required.
Selective Service. If you are a male applicant born after December 31, 1959, you must certify that you have registered with the Selective Service System, or are exempt from having to do so under the Selective Service Law.
Background Suitability Investigation. Continued employment is contingent upon satisfactory completion of a background investigation and the granting of a federal suitability or security clearance. If selected, you may be offered tentative employment until the background investigation has been fully adjudicated.
Applicants who have held a General Schedule (GS) position within the last 52 weeks must meet the Time-in-Grade Requirement, which is 52 weeks of federal service at the next lower grade, GS-14.
Qualifications
To qualify for this position, applicants must meet the Basic Experience and Specialized Experience as described below.
Basic Experience: Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.
OR
Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations.
Specialized Experience:
Applicants must have at least one year of full-time specialized work experience comparable in scope and responsibility to the next lower level (equivalent to the GS-14) in the federal government. Specialized experience is defined as: a) leading analysis of investment performance, benchmarks, and cash flows to evaluate managers and advising leadership on portfolio decisions; b) directing due diligence and ongoing oversight of external investment managers to ensure compliance, manage risk, and improve overall investment results; c) managing competitive procurements for investment or financial services to select, oversee, and evaluate contractors supporting institutional investment programs; and d) developing compliance policies and led complex studies to address emerging risks and provide recommendations to senior leaders with minimal supervision.
*Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations. 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.
Specialized experience must meet 52 weeks equivalent to the next lower grade level. A full year of work is considered to be 35-40 hours of work per week. Part-time experience will be credited on the basis of time actually spent in appropriate activities. Applicants wishing to receive credit for such experience must indicate clearly the nature of their duties and responsibilities in each position and the number of hours a week spent in such employment.
Education
If there is an education requirement, or if you are using your education to qualify for this position, you must provide your transcripts to support your educational claims. Transcripts may be unofficial copies, but they must come from an accredited college or university, and they also must include course names and the number of credit / semester hours. Click here to search the database of accredited institutions.
Foreign Education. If you are using education completed at 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 the interpretation of foreign education programs. Foreign education must be deemed equivalent to that gained at an accredited U.S. education program. For further information visit the U.S. Department of Education's website concerning foreign qualifications.
Additional information
The FRTIB offers wonderful benefits and work/life-balance flexibilities to help empower and reflect respect for our employees. Our comprehensive benefits package includes paid time off*, life insurance, health benefits, and participation in the federal retirement system. We offer, as applicable, flexible work hours, annual and sick leave, transit and childcare subsidies, free and confidential employee assistance and occupational health referral services, free on-site fitness center, and off-site fitness membership reimbursement.
This Job Opportunity Announcement (JOA) may be used to fill other Deputy Chief Investment Officer, GS-1160-15 positions within the FRTIB in the same geographical location with the same qualifications and specialized experience.
The FRTIB offices are conveniently located within a few blocks of the Union Station metro station. In addition, private parking is available in the building at the posted daily and monthly rates.
Relocation expenses and recruitment incentives are not authorized for this position.
Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
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.
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.
IN DESCRIBING YOUR EXPERIENCE, PLEASE BE CLEAR AND SPECIFIC. WE WILL NOT MAKE ASSUMPTIONS REGARDING YOUR EXPERIENCE.
You will be evaluated for this job based on how well you meet the above qualifications.
Once the application process is complete, a review of the resume and supporting documentation will be made and compared against your responses to the assessment questionnaire to determine if you are qualified for this job. If, after reviewing your resume and/or supporting documentation, a determination is made that you have inflated your qualifications and/or experience, you may lose consideration for this position. Please follow all instructions carefully. Errors or omissions may affect your eligibility.
If you are best qualified, you may be referred to the hiring manager for consideration and may be called for an interview. Any performance appraisal/evaluation and award documentation you provide will be forwarded to the selecting official. The selecting official will review this documentation and give it due weight consideration during the overall selection process.
Your qualifications will be evaluated on the following competencies (knowledge, skills, abilities and other characteristics):
Contracting/Procurement
Financial Analysis
Leadership
Partnering
Risk Management
Strategic Thinking
Veterans Employment Opportunities Act (VEOA): To be eligible for a VEOA appointment, the veterans must 1) be a preference eligible; or 2) be a veteran separated after 3 or more years of continuous active service performed under honorable conditions. In addition, you must submit the supporting documents listed under the required documents section of this announcement. (Note: Veteran's preference does not apply under Merit Promotion procedures. View VEOA information on Feds Hire Vets.)
Interagency Career Transition Assistance Program (ICTAP). The ICTAP provides eligible displaced federal competitive service employees with selection priority over other candidates for competitive service vacancies. If you have never worked for the federal government, you are not ICTAP eligible. View information about ICTAP eligibility on OPM's Career Transition Resources website. If your agency has notified you in writing that you are a displaced employee eligible for ICTAP consideration, you may receive selection priority if this vacancy is within your ICTAP eligibility, you apply under the instructions in this announcement, and you are found Well Qualified for this vacancy. Well Qualified means you must meet all the minimum qualification standards listed above and be assessed and assigned the rating of at least 85% to receive special selection priority. Well Qualified is further defined as possessing the Basic Qualifications and meeting the specialized experience noted above.
You must provide proof of eligibility with your application to receive selection priority. Such proof may include a copy of your written notification of ICTAP eligibility or a copy of your separation personnel action form. Information about ICTAP eligibility is on OPM's Career Transition website.
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.
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.
Please be advised, the following documents are required even if you are already a current federal employee or employee of the FRTIB:
1. Federal Resume Information: USAJOBS will only accept resumes that are two pages or fewer. Resumes exceeding two pages cannot be uploaded or submitted through the USAJOBS system. You must ensure that all relevant experience you want considered appears within the two-page limit. Your resume must clearly show the start and end dates for each job (month, day, and year) and the number of hours worked per week (for example, 40 hours/week). If this information is not included, we may be unable to determine whether you qualify for the position, and you may not be considered. If you submit more than one resume, only the most recent version will be used to evaluate your application.
2. Responses to the occupational questionnaire.
3. You must submit supporting documents verifying your eligibility to apply to this vacancy, selection priority eligibility, or any preference eligibility along with your application package. Omitting these documents may result in no preference being adjudicated for you. These documents may include, but are not limited to:
SF-50 If you are a current or former federal employee, you must submit a SF-50 showing the highest grade level held in the position for which you are using to qualify. Your SF-50 must also include the Position Title and Series, Step, Salary, Tenure, Position Occupied, and promotion potential (if applicable) to verify your status and eligibility. If you are unable to provide your most recent SF-50, you should submit a written statement explaining why it was not obtainable. This explanation should include your Position Title and Series, Step, Salary, Tenure, Position Occupied, and promotion potential. Failure to submit the required SF50 document or statement of explanation will result in an ineligible rating under merit promotion procedures.
Veteran's documentation
DD-214 - If you are claiming Veterans' Preference, provide a copy of your DD-214 (Member Copy 4) Certificate of Release or Discharge from Active Duty, or other equivalent documentation to prove your entitlement and to verify your type of discharge. Failure to provide this information may result in your application not receiving preference.
VA Letter and SF-15 - If you are claiming Veterans' Preference based on a Compensable Disability, Widow or Spouse Entitlement, or as a Purple Heart recipient, you must submit your DD-214 or other proof of entitlement as described above; and SF-15, and the required proof of disability, i.e., Department of Veterans Affairs letter dated 1991 or later. Failure to provide this documentation may result in your application not receiving preference. (Please see veteran eligibility documentation for more information on veterans' preference in federal hiring).
Veterans Employment Opportunities Act (VEOA) documentation, if applicable. For more information, please go to https://www.fedshirevets.gov/hire/hrp/vetguide/index.aspx.
Preference eligible documentation. If claiming 10-point preference you must submit the final VA letter including percentage (please do not include letter from VA noting specific private medical information), as well as the DD-214 Member Copy 4. The SF-15 will be requested if selected.
ICTAP documentation. RIF separation notice along with your last performance rating or appraisal.
Schedule A documentation. A qualifying letter from a doctor's or vocational rehabilitation office indicating you are eligible for hire under the Schedule A hiring authority.
4. College transcripts. Transcripts must be legible and possess the school name imprinted on the transcript or be on school letterhead; you may be asked to submit official transcripts upon selection.
5. A copy of your most recent performance appraisal/evaluation which you have received in the last 3 years. If you do not have a current performance appraisal you must submit a statement as to why it is not available, and if your performance was at an acceptable level. In this explanation you should include your final rating. Failure to submit your current Performance Appraisal or a written statement explaining why it was not obtainable you will be deemed ineligible from further consideration.
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 apply for this position with the FRTIB, you must complete the application process through USAJOBS and USA Staffing and submit all required documents by the closing date.
Your complete application package must be submitted by 11:59 PM Eastern Time (ET) on 05/18/2026 accepted. Step-by-Step Application Instructions
Select the Apply button to begin the application process.
You will be redirected from USAJOBS to USA Staffing, FRTIB's online application system.
3. Select and Upload Required Documents
Choose the resume and any supporting documents you want included in your application package.
Review the Required Documents section of the announcement carefully and ensure all required documentation is submitted. Submitting documents that are not required will not substitute for missing required documents.
4. Answer Eligibility Questions Carefully
Respond to all eligibility questions and indicate only those eligibilities you intend to claim (e.g., ICTAP, Veterans' Preference, Schedule A).
You will be considered only for the eligibility selections you affirmatively claim.
FRTIB cannot infer eligibility based on documents alone if the corresponding eligibility question is answered "No."
5. Complete the Occupational Assessment Questionnaire
All applicants must complete the assessment questionnaire as part of the Delegated Examining process.
Federal Retirement Thrift Investment Board
Office of Investments
77 K Street NE
Washington, DC 20002
US
Next steps
Once your application package is received you will receive an acknowledgement email that your submission was successful. If your final rating places you among the top candidates, your application will be referred to the selecting official for further review. If your name is referred to the selecting official, you may be contacted directly by the office for an interview. You may also check the status of your application through your USAJOBS profile.
When the entire vacancy announcement process has been completed you will receive notice via email (or by mail if no email address was provided during the application process). Please allow at least 4-6 weeks after the vacancy has closed to inquire about the status of your application.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
Please be advised, the following documents are required even if you are already a current federal employee or employee of the FRTIB:
1. Federal Resume Information: USAJOBS will only accept resumes that are two pages or fewer. Resumes exceeding two pages cannot be uploaded or submitted through the USAJOBS system. You must ensure that all relevant experience you want considered appears within the two-page limit. Your resume must clearly show the start and end dates for each job (month, day, and year) and the number of hours worked per week (for example, 40 hours/week). If this information is not included, we may be unable to determine whether you qualify for the position, and you may not be considered. If you submit more than one resume, only the most recent version will be used to evaluate your application.
2. Responses to the occupational questionnaire.
3. You must submit supporting documents verifying your eligibility to apply to this vacancy, selection priority eligibility, or any preference eligibility along with your application package. Omitting these documents may result in no preference being adjudicated for you. These documents may include, but are not limited to:
SF-50 If you are a current or former federal employee, you must submit a SF-50 showing the highest grade level held in the position for which you are using to qualify. Your SF-50 must also include the Position Title and Series, Step, Salary, Tenure, Position Occupied, and promotion potential (if applicable) to verify your status and eligibility. If you are unable to provide your most recent SF-50, you should submit a written statement explaining why it was not obtainable. This explanation should include your Position Title and Series, Step, Salary, Tenure, Position Occupied, and promotion potential. Failure to submit the required SF50 document or statement of explanation will result in an ineligible rating under merit promotion procedures.
Veteran's documentation
DD-214 - If you are claiming Veterans' Preference, provide a copy of your DD-214 (Member Copy 4) Certificate of Release or Discharge from Active Duty, or other equivalent documentation to prove your entitlement and to verify your type of discharge. Failure to provide this information may result in your application not receiving preference.
VA Letter and SF-15 - If you are claiming Veterans' Preference based on a Compensable Disability, Widow or Spouse Entitlement, or as a Purple Heart recipient, you must submit your DD-214 or other proof of entitlement as described above; and SF-15, and the required proof of disability, i.e., Department of Veterans Affairs letter dated 1991 or later. Failure to provide this documentation may result in your application not receiving preference. (Please see veteran eligibility documentation for more information on veterans' preference in federal hiring).
Veterans Employment Opportunities Act (VEOA) documentation, if applicable. For more information, please go to https://www.fedshirevets.gov/hire/hrp/vetguide/index.aspx.
Preference eligible documentation. If claiming 10-point preference you must submit the final VA letter including percentage (please do not include letter from VA noting specific private medical information), as well as the DD-214 Member Copy 4. The SF-15 will be requested if selected.
ICTAP documentation. RIF separation notice along with your last performance rating or appraisal.
Schedule A documentation. A qualifying letter from a doctor's or vocational rehabilitation office indicating you are eligible for hire under the Schedule A hiring authority.
4. College transcripts. Transcripts must be legible and possess the school name imprinted on the transcript or be on school letterhead; you may be asked to submit official transcripts upon selection.
5. A copy of your most recent performance appraisal/evaluation which you have received in the last 3 years. If you do not have a current performance appraisal you must submit a statement as to why it is not available, and if your performance was at an acceptable level. In this explanation you should include your final rating. Failure to submit your current Performance Appraisal or a written statement explaining why it was not obtainable you will be deemed ineligible from further consideration.
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 apply for this position with the FRTIB, you must complete the application process through USAJOBS and USA Staffing and submit all required documents by the closing date.
Your complete application package must be submitted by 11:59 PM Eastern Time (ET) on 05/18/2026 accepted. Step-by-Step Application Instructions
Select the Apply button to begin the application process.
You will be redirected from USAJOBS to USA Staffing, FRTIB's online application system.
3. Select and Upload Required Documents
Choose the resume and any supporting documents you want included in your application package.
Review the Required Documents section of the announcement carefully and ensure all required documentation is submitted. Submitting documents that are not required will not substitute for missing required documents.
4. Answer Eligibility Questions Carefully
Respond to all eligibility questions and indicate only those eligibilities you intend to claim (e.g., ICTAP, Veterans' Preference, Schedule A).
You will be considered only for the eligibility selections you affirmatively claim.
FRTIB cannot infer eligibility based on documents alone if the corresponding eligibility question is answered "No."
5. Complete the Occupational Assessment Questionnaire
All applicants must complete the assessment questionnaire as part of the Delegated Examining process.
Federal Retirement Thrift Investment Board
Office of Investments
77 K Street NE
Washington, DC 20002
US
Next steps
Once your application package is received you will receive an acknowledgement email that your submission was successful. If your final rating places you among the top candidates, your application will be referred to the selecting official for further review. If your name is referred to the selecting official, you may be contacted directly by the office for an interview. You may also check the status of your application through your USAJOBS profile.
When the entire vacancy announcement process has been completed you will receive notice via email (or by mail if no email address was provided during the application process). Please allow at least 4-6 weeks after the vacancy has closed to inquire about the status of your application.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
