Join a mission-driven agency that helps millions of Americans save for retirement. The Federal Retirement Thrift Investment Board (FRTIB) is seeking a talented and motivated professional to serve in the role of Deputy Chief Investment Officer.
As part of our team, you'll contribute to the stewardship of the Thrift Savings Plan (TSP)--the largest retirement plan in the U.S.--and help deliver exceptional service to federal employees, members of the uniformed services, and beneficiaries.
Summary
Join a mission-driven agency that helps millions of Americans save for retirement. The Federal Retirement Thrift Investment Board (FRTIB) is seeking a talented and motivated professional to serve in the role of Deputy Chief Investment Officer.
As part of our team, you'll contribute to the stewardship of the Thrift Savings Plan (TSP)--the largest retirement plan in the U.S.--and help deliver exceptional service to federal employees, members of the uniformed services, and beneficiaries.
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.
Youmust be a U.S. Citizen to apply for this position.
Make sure your application is complete. All required qualifications must be met by no later than 05/18/2026. Your application will not be reviewed if any required documents listed under the "Required Documents" section are missing.
You may need to complete a one-year probationary period if you're selected.
You may also need to complete a one-year supervisory probationary period.
Selective Service Registration is required for male applicants born after December 31, 1959, unless exempt under federal law. You'll need to certify your registration status if selected.
A background check is required. Your continued employment depends on successfully completing a background investigation and receiving a federal suitability or security clearance. You may receive a tentative job offer while the investigation is underway.
Qualifications
To qualify for this position, you must meet the specialized experience requirements listed below. Some positions may also require a basic qualification, such as a specific degree or certification. If applicable, that requirement will be listed below as well.
Basic Requirement 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
GS-15: You must have at least one year of full-time specialized experience at the GS-14 grade level (or equivalent) that shows you have the knowledge, skills, and abilities needed to do the work. Examples of specialized experience include: 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.
What Counts as Experience
We consider both paid and unpaid experience, including but not limited to volunteer work with organizations like the Peace Corps, AmeriCorps, or other community groups. Volunteer work can help you develop skills that are directly relevant to this job.
A full year of work means working 35-40 hours per week. If you worked part-time, we'll calculate your experience based on the actual hours you worked to add up to one year of full-time equivalent work (2,087 hours). To receive credit for part-time work, you must clearly describe your duties and responsibilities, and the number of hours you worked each week.
Education
If this position has an education requirement, or if you are using education to qualify instead of experience, you must submit a copy of your transcripts with your application. Transcripts can be unofficial, but they must:
Be from an accredited college or university
Include course names and the number of quarter or semester hours/credits
Click here to search the database of accredited institutions.
Foreign Education
If you completed your education outside the United States, you must show that your credentials have been evaluated by a recognized organization that specializes in reviewing foreign education. Your education must be determined to be equivalent to that received from an accredited U.S. institution. 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 announcement may also be used to fill additional Deputy Chief Investment Officer, GS-1160-15, positions at FRTIB in the same location, requiring similar qualifications and 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 are not authorized for this position; however, other recruitment incentives may be authorized.
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 based on how well you meet the qualifications listed in this announcement. Your qualifications will be evaluated based on your application materials (e.g., resume, supporting documents), your responses on the application questionnaire, and your responses to all assessments required for this position.
You will be assessed on the following competencies (knowledge, skills, abilities, and other characteristics):
Contracting/Procurement
Financial Analysis
Leadership
Partnering
Risk Management
Strategic Thinking
Overstating your qualifications and/or experience in your application materials or application questionnaire may result in your removal from consideration. Cheating on an assessment may result in your removal from consideration.
The Fair Chance to Compete for Jobs Act prohibits the Federal Retirement Thrift Investment Board 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 HumanResourcesDivision@FRTIB.GOV.
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.
Veterans' Preference. If you are claiming veterans' preference you must submit supporting documentation as described in the "Required Documents" section. Visit the Feds Hire Vets website for more information regarding veterans' preference.
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 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.
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: Your resume may be longer than two pages; however, only the first two pages will be reviewed when we evaluate your qualifications. Anything beyond page two will not be considered. Be sure the first two pages of your resume clearly show the relevant experience you want us to consider, including the start and end dates for each job (month, day, and year) and the number of hours you worked each week (for example, 40 hours/week). If your resume does not include this information, we may not be able to determine whether you qualify, and you may not be considered for this position. 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 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:
Veteran's documentation. All veterans must submit a DD-214, Member Copy 4. If you are currently on active duty, you must submit an official statement of service from your command or other official documentation that proves your military service was performed under honorable conditions.
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.
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.
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 to receive consideration. Late or incomplete applications will not be accepted.
Step-by-Step Application Instructions 1. Log into USAJOBS
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., Delegated Examining, 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 a possible 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.
Veterans' Preference. If you are claiming veterans' preference you must submit supporting documentation as described in the "Required Documents" section. Visit the Feds Hire Vets website for more information regarding veterans' preference.
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 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.
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: Your resume may be longer than two pages; however, only the first two pages will be reviewed when we evaluate your qualifications. Anything beyond page two will not be considered. Be sure the first two pages of your resume clearly show the relevant experience you want us to consider, including the start and end dates for each job (month, day, and year) and the number of hours you worked each week (for example, 40 hours/week). If your resume does not include this information, we may not be able to determine whether you qualify, and you may not be considered for this position. 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 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:
Veteran's documentation. All veterans must submit a DD-214, Member Copy 4. If you are currently on active duty, you must submit an official statement of service from your command or other official documentation that proves your military service was performed under honorable conditions.
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.
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.
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 to receive consideration. Late or incomplete applications will not be accepted.
Step-by-Step Application Instructions 1. Log into USAJOBS
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., Delegated Examining, 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 a possible 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.
