This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/619219100. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
The position is located in the Office of Financial Research (OFR), Research and Analysis Center.
Learn more about this agency11/01/2021 to 05/02/2022
$119,611 - $168,386 per year
OR 53
5 vacancies in the following location:
Yes—as determined by the agency policy.
Not required
No
Permanent
Full-time
Competitive
53
No
No
21-DO-880-DH
619219100
U.S. citizens or U.S. Nationals; no prior Federal experience is required.
As a Research Economist you will:
-Plan and conduct research projects, including short and long-term research assignments, broad systemic risk measurement and monitoring, and identifying and evaluating innovation and its impact on financial markets, institutions, and the economy.
-Develop, identify, and apply appropriate statistical models and empirical techniques to analyze and assess the potential impact of financial, economic, political, and technological developments, as well as existing or proposed policies on the financial system.
-Work with other analysts both within and outside the OFR to monitor and assess the significance of current and future financial, economic, political, and technological developments, including producing memos and papers on such developments, occasionally under tight time constraints.
-Draft papers, memoranda, reports, presentations, and articles based upon analyses of data, published studies, and specialized knowledge of the financial system, economy, government policies, technology, and other areas relevant to evaluating risks to the financial system.
The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.
Key Requirements:You must meet the following requirements by the closing date of this announcement.
Specialized experience for the Band 53, (GS 13): An applicant must have one year of specialized experience at or, equivalent to at least the Band 52 (GS-12) in the Federal service.
Specialized experience for this position includes:
-Planning, conducting, and completing economic or financial research papers, not required or submitted for course requirements, using economic data or developing economic models on topics related to financial markets, financial institutions, or financial stability.
Examples of such experience might include:
-Serving as a research assistant at a college or university for work led by a faculty member or professor on topics regarding financial markets, financial institutions, or financial stability, or independently planning, conducting, and executing research on such topics; OR
-Serving as a teaching assistant for a college or graduate-level course in economics, finance, or mathematics led by a faculty member or professor, or independently planning and teaching a college or graduate-level course in those fields; OR
-Applying quantitative analytical and research techniques to examine questions concerning financial markets, financial institutions, or financial stability, and writing or co-authoring papers based on that research and intended for publication in a relevant academic, peer-reviewed journal.
Examples that do not meet the specialized experience include:
-Experience related to budgeting, financial analysis, accounting, cost-benefit analysis, cost effectiveness, procurement, data management, data operations, IT management of data, operations research, marketing research, equity or fixed income analysis; OR
-Teaching experience below the college or university level and/or outside the fields of economics, finance, or mathematics.
Research experience on topics related to financial stability is preferred but not required.
Education Requirements:
Basic Requirements for Economist, 0110
A. Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR
B. Combination of education and experience: Courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.
OR
Basic Requirements for Mathematician, 1520
A. Degree: mathematics; or the equivalent of a major that included at least 24 semester hours in mathematics.
OR
B. Combination of education and experience -- courses equivalent to a major in mathematics (including at least 24 semester hours in mathematics), as shown in A above, plus appropriate experience or additional education.
The total course work in either A or B above must have included differential and integral calculus and, in addition, four advanced mathematics courses requiring calculus or equivalent mathematics courses as a prerequisite.
OR
Basic Requirements of Statistician, 1530
A. Degree: that included 15 semester hours in statistics (or in mathematics and statistics, provided at least 6 semester hours were in statistics), and 9 additional semester hours in one or more of the following: physical or biological sciences, medicine, education, or engineering; or in the social sciences including demography, history, economics, social welfare, geography, international relations, social or cultural anthropology, health sociology, political science, public administration, psychology, etc. Credit toward meeting statistical course requirements should be given for courses in which 50 percent of the course content appears to be statistical methods, e.g., courses that included studies in research methods in psychology or economics such as tests and measurements or business cycles, or courses in methods of processing mass statistical data such as tabulating methods or electronic data processing.
OR
B. Combination of education and experience -- courses as shown in A above, plus appropriate experience or additional education. The experience should have included a full range of professional statistical work such as (a) sampling, (b) collecting, computing, and analyzing statistical data, and (c) applying statistical techniques such as measurement of central tendency, dispersion, skewness, sampling error, simple and multiple correlation, analysis of variance, and tests of significance.
The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the OPM instructions.
OTHER INFORMATION:
Our comprehensive benefits are very generous. Our benefits package includes:
You will be evaluated for this job based on how well you meet the qualifications above.
Your application includes your résumé, responses to the online questions, and required supporting documents. Please be sure that your résumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your résumé may result in a "not qualified" determination.
***This is an Open Continuous Announcement. Applicants need to only apply once to be considered. However applicants may update their information at any time.*** The open period is 6 months. Applications will be reviewed after the established cut off dates: 12/1/2021; 1/3/2022; 2/1/2022; 3/1/2022; 04/1/2022 and at the closing date.
Rating: Your application will be evaluated in the following areas: Technical, Analytical, Research and Analysis, and Communication.
This announcement is issued under "direct-hire" authority. Consistent with 5 U.S.C 3304(a)(3) and OPM regulations (5 CFR 337 Subpart B) on direct-hire: All candidates who meet all the qualification and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.
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 assigned the middle category or better to be rated as "well qualified" to receive special selection priority.
A complete application includes 1. A résumé, 2. Vacancy question responses, and 3. Submission of any required documents. Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible).Please ensure all required documents, including any required work samples, narratives, or other materials as stated in this announcement, are attached to your application package.
All applicants are required to submit a résumé either by creating one in USAJOBS or uploading one of their own choosing. (Cover letters are optional.) To receive full credit for relevant experience, please list the month/date/year and number of hours worked for experience listed on your résumé. We suggest that you preview the online questions, as you may need to customize your résumé to ensure that it supports your responses to these questions. Please view résumé tips.
CAREER TRANSITION ASSISTANCE PLAN (CTAP) OR INTERAGENCY CAREER TRANSITION ASSISTANCE PLAN (ICTAP) DOCUMENTATION: If you are a displaced or surplus Federal employee, click CTAP/ICTAP for eligibility and a detailed list of required documents you must submit in order to be eligible.
EDUCATION DOCUMENTATION:
You are not required to submit transcripts for this initial phase of the application process. Candidates will be referred for consideration based on their self-certification. If you are selected for a position which has a positive education requirement (as described in the vacancy announcement) and/or you are qualifying solely on your education, you will be required to submit official transcripts verifying your qualifications prior to a job offer being issued.
A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to Department of Education Accreditation page.If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the OPM instructions.Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
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.
DO has partnered with the Treasury's Bureau of the Fiscal Service to provide certain personnel services to its organization. Fiscal Service's responsibilities include advertising vacancies, accepting and handling applications, and extending job offers.
The following instructions outline our application process. You must complete this application process and submit any required documents by 11:59 p.m. Eastern Time (ET) on the closing date of this announcement. We are available to assist you during business hours (normally 8:00 a.m. - 5:00 p.m. ET, Monday - Friday). If applying online poses a hardship, please contact us by noon ET on the announcement's closing date.
The Bureau provides reasonable accommodation to applicants with disabilities on a case-by-case basis. Please contact us if you require this for any part of the application and hiring process.
Once the online questionnaire is received, you will receive an acknowledgement email that your submission was successful. We will review your resume and transcript(s) (if appropriate) to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided and may interview the best-qualified applicants. After making a tentative job offer, we will conduct any required suitability and/or security background investigation.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/619219100. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
The Office of Financial Research (OFR) is recruiting to fill a key position. We offer both flexible work schedules and an opportunity for challenging and interesting work. The OFR is located in the heart of Washington, DC with an office on 14th street, near the White House, a few blocks from the McPherson Square and Metro Center metro stations, and close to shops, museums, and restaurants.
The Office of Financial Research (OFR) was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act in the Treasury Department to provide data and analysis to the Financial Stability Oversight Council (the Council) and its member agencies, improve the quality and transparency of financial information, conduct and sponsor research related to financial stability, and promote best practices in risk management.