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Student Trainee (Economist), CG-0199-04 FPL 5 (NTE 1 Year)

Federal Deposit Insurance Corporation

Summary

The Division of Insurance and Research (DIR) provides the public with a sound deposit insurance system by: providing comprehensive statistical information on banking; identifying and analyzing emerging risks; conducting research that supports sound deposit insurance, banking policy, improved risk assessment, and consumer protection; and assessing the adequacy of the deposit insurance fund and implementing an effective and fair risk-based premium system. 

Internship will begin Fall 2026.

Overview

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Accepting applications
Location
Work site options
Telework eligible
Yes—In accordance with agency policy.
Remote job
No
Relocation expenses reimbursed
No
Salary
$40,703 - $85,906 per year
Pay scale & grade
CG 04
Promotion potential
05
Pay scale and grade determines the salary of the job.
Work schedule
Multiple Schedules - Part-Time /Full-Time.
Travel Required
Not required
Appointment type
Internships - This appointment is Not-To-Exceed (NTE) 1 year after the entrance on duty date. This appointment may be extended if student continues to meet program requirements and there is a workload and management need.
Occupations and job series
Supervisory status
No
Federal service type
This job is in the Excepted Service
Represented by a union
No
Drug test
No
Security clearance
Other
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Jobs require a background check and some require a security clearance. The type depends on the job.
Background check type
Financial disclosure required
Yes
Some jobs require financial disclosure to identify conflicts of interests.
Announcement number
2026-DIR-P0275
Control number
883887100

This job is open to

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Clarification from the agency

Applicants who have been accepted for enrollment or enrolled and seeking a degree (diploma, certificate, etc.) in a qualifying educational institution; or applicants who are enrolled or accepted for enrollment in a qualifying career or technical education program that awards a recognized postsecondary credential. Applicants must be enrolled on a full or half-time basis; have at least a cumulative (overall) 2.5 grade point average; and remain in good academic standing. Must be a US Citizen.

Duties

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At the full performance level of the position, the duties are as follows:

  • Performs research and compiles financial and economic information.
  • Uses various computer software (e.g., spreadsheet, database, presentation, mapping, design, and economic) to extract data and generate reports.
  • Prepares draft summaries of financial and economic research data on existing and emerging issues.                                                               
  • Presents draft research findings orally and in writing to staff. 
  • Maintains and updates various office files to include work papers, data files, and records.

Requirements

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Conditions of employment

Registration with the Selective Service.

U.S. Citizenship is required.  

Employment Conditions.

National  Agency Check Investigation (NACI) required.

Must sign pathways agreement if selected. 

Must provide official transcripts if selected.

Must have a graduation date of May 2027 or later.

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.

(CG-04) Applicants must have completed:
- two (2) full academic years of post-high school study or obtained an associate's degree; OR
- one (1) year of general experience in clerical, office, or other work responsibilities, demonstrating the ability to acquire the particular knowledge and skills needed to perform the duties of the position to be filled; OR
- a combination of education and experience: equivalent combinations of successfully completed post-high school education and experience may be used to meet total experience requirements.

Combination of Education and Experience - Your current education completed is credited as a percentage of the education required for the grade level and your current experience is credited as a percentage of the total experience required for the grade level. The two percentages are added and must equal 100% in order to qualify for the desired grade level.

Note: An academic year of undergraduate education is defined as 30 semester hours, 45 quarter hours, or the equivalent in an accredited college or university. One full academic year of study (30 semester hours) beyond the second year is equivalent to 6 months of specialized experience.

Education

A participant must be accepted for enrollment or are enrolled and seeking a degree (diploma, certificate, etc.) in a qualifying educational institution or accepted for enrollment or enrolled in a qualifying career or technical education program that awards a recognized postsecondary credential (such as a Registered Apprenticeship Program, Jobs Corps, AmeriCorps, and Peace Corps) on a full or half-time basis; have at least a cumulative (overall) 2.5 grade point average; and remain in good academic standing.

Additional information

FDIC employees work full-time in the office in collaboration with other staff at the location for which they are hired.

The duty location is determined upon selection.

All selectees must sign an FDIC Pathways Internship Participant Agreement.

To read about your rights and responsibilities as an applicant for Federal employment, click here.

If selected, you may be required to serve a trial period.

Interns will be offered a salary at the base pay for the grade in which they are qualified and selected.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 18.97% to a high of 51.75%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates,  click here. The total salary for each location including base pay and locality is as follows: Atlanta, GA $42,352 | San Francisco, CA $51,918 | New York, NY $47,922 | Washington, DC $45,825 | Kansas City, MO $40,703

This appointment may be extended if interns continue to meet all educational and pathways requirements.

Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement.

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.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Once the application process is complete, your two page resume and supporting documentation will be used to determine whether you meet the job qualifications.

Structured Resume Review: Occupational Experts (OEs) will review your resume to determine your technical qualifications for this position based on the required competencies. OEs will review ONLY your two (2) page resume. OEs will not review additional information beyond your resume (e.g., cover letter, links embedded in your resume).

If you are found qualified, your application will move forward to additional phase(s) of the review process.

You will be assessed on the following competencies:

Critical Thinking

Researching

Business Technology

Written Communication

Oral/Non-Written Communication

Economics


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Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is among the most respected forces in America’s financial community. Our mission is to maintain stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.  

Agency contact information

Sarah Chow
Phone
227-200-3246
TDD
800-925-4618
Fax
000-000-0000
Email
sachow@fdic.gov
Address
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
3501 Fairfax Drive
Arlington, Virginia 22226
United States

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