Posted by: Federal Deposit Insurance Corporation on Nov 20, 2024
Job Description:
Duties
At the full performance level, major duties include:
• Performs economic analysis of the financial services industry, the financial markets, real estate markets, FDIC-insured commercial banks and thrifts, as well as national, international, and regional economic developments.
• Plans, performs and provides complex financial and economic analyses related to identifying existing and emerging aggregate risks to the Corporation's deposit insurance fund.
• Perform economic analysis for incorporation into studies, policy decisions, executive briefings, and testimony.
• Design and use financial and data analysis models.
• Conduct continuous reviews of economic, banking, and financial and related matters to keep abreast of current developments in those areas.
• Participate in the design, production, and administration of FDIC publications to disseminate analysis to supervisory personnel, senior management of the Corporation, other regulators, the industry, and the public.
• Attend meetings with Corporation officials, representatives of other federal and state regulatory agencies, and representatives of financial institutions and private industry.
Requirements
Conditions of Employment
Registration with the Selective Service.
U.S. Citizenship is required.
Employment Conditions.
Completion of 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: 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.
In addition to meeting the Basic Requirement above, applicants must also meet the minimum qualifications to be considered:
CG-13
To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the 12 grade level or above in the Federal service. Specialized experience is defined as work as an Economist using principles and theories to perform analyses of the financial services industry; financial markets; real estate markets; and national, international, or regional economic developments; to design and use financial and data analysis models; and to analyze written reports and quantitative data.
CG-14
To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the 13 grade level or above in the Federal service. Specialized experience is defined as work as an Economist using principles and theories to perform analyses of the financial services industry; financial markets; real estate markets; and national, international, or regional economic developments; to design and use financial and data analysis models; and to analyze written reports and quantitative data. This experience requires conceptualization of large or complex economic problems (such as but not limited to Gross Domestic Product (GDP) calculations, economic forecasting and/or modeling, recessionary effects, real estate, energy, agriculture, fiscal policy implications, international economic impact on the national economy) and the development of new techniques and original methods.
Education
See requirements stated under QUALIFICATIONS.
Additional information
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
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.
If selected, you may be required to serve a probationary period.
• 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.
To find out more, click here.
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.
https://www.opm.gov/policy-data-oversight/hiring-information/direct-hire-authority/#url=Governmentwide-Authority
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.
If you are found qualified, you will be referred to the selecting official for further review and consideration. The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below:
• Professional knowledge of the principles, theories, research methods, and techniques of economics and finance (particularly as they apply to the financial system and the operation of depository institutions), and demonstrated ability to apply such knowledge.
• Ability to perform financial and economic analysis to evaluate risk to the banking system and present data in forms such as studies, policy decisions, and testimony.
• Ability to conduct advisory work regarding the economic aspects of institutional programs or services.
• Ability to perform economic research to develop financial and econometric models current to economic developments.
• Ability to communicate in writing.
• Ability to communicate orally. Ability to organize, direct, and coordinate complex research programs related to economic policy, the financial system, and banking operations. You do not need to respond separately to these KSAs. Your resume will serve as responses to the KSAs.
You may preview questions for this vacancy.
• 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.
To find out more, click here.
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.
• As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.
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
If you are relying on your education to meet qualification requirements:
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 .
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 Application Information" 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.
HR. Website URL:
https://www.usajobs.gov/Search/Results?a=FD00&p=1