Economist

Employer
USAJobs
Location
Wallops Island, Virginia
Posted
Dec 01, 2022
Closes
Dec 03, 2022
Function
Administrative
Hours
Full Time
Duties

The following are the duties of this position at the CN-60, broadly equivalent to the GS-14. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.
  • Analyze, synthesize, interpret, and lead responsibility of providing information, analysis, technical advice, and recommendations on current developments in consumer financial markets and services.
  • Plan, organize and participate in the collection of data on a wide variety of problems in consumer financial markets and services. These collections may include lead responsibility of planning, designing and implementation of surveys of households and firms.
  • Develop and maintain econometric models of consumer financial markets for use in policy analysis. Support analysis with statistical, mathematical, and econometric methods and techniques, and consistently exhibits professional judgment.
  • Analyze issues and changes in consumer financial markets and services and analyzes and develops or evaluates proposals for policy or regulatory change including effects of proposed policies and regulations on competition and consumers.


Requirements

Conditions of Employment



Key Requirements:
  • Must be U.S. Citizen or U.S. National
  • A one year probationary period may be required.
  • Public Trust - Background Investigation will be required.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • Obtain and use a Government-issued charge card for business-related travel.
  • File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.


Qualifications

You must meet the following requirements by the announcement's closing date.

Specialized experience for the CN-60
For the CN-60, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the CN-53 grade level in the Federal service (For qualification purposes, the CN-53 is broadly equivalent to the GS-13). For this position, specialized experience must include:
  • Independently conducting research or analysis to define potential economic risks and/or statistics for reports intended for publication in relevant government or industry publications or academic journals in the areas of applied microeconomics, labor economics, industrial organization, development economics, public economics, health economics, finance, behavioral economics, urban economics, and/or experimental economics.
Specialized Experience for the CN-53
For the CN-53 level, you must have one year of specialized experience at or equivalent to the CN-52 level in the Federal service. (For qualification purposes, the CN-52 level is broadly equivalent to the GS-12 level). For this position, specialized experience must include:
  • Conducting primary research using economic data or developing economic models for the purpose of preparing primary research intended for publication in relevant government or industry publications or academic journals in the areas areas of applied microeconomics, labor economics, industrial organization, development economics, public economics, health economics, finance, behavioral economics, urban economics, and/or experimental economics.
Specialized Experience for the CN-52
To qualify at the CN-52 level, you must have one year of specialized experience at or equivalent to the CN-51 level in the Federal service. (For qualification purposes, the CN-51 level is broadly equivalent to the GS-11 level). For this position, specialized experience must include:
  • Collecting and analyzing economic data or developing economic models for the purpose of preparing primary research intended for publication in relevant government or industry publications or academic journals in the areas of applied microeconomics, labor economics, industrial organization, development economics, public economics, health economics, finance, behavioral economics, urban economics, and/or experimental economics; OR
  • Conducting economic analysis in these areas as an economist or consultant.
OR
You may substitute education for specialized experience as follows: Ph.D. or equivalent doctoral degree in a related field that provided you with the knowledge, skills, and abilities necessary to do the work or a combination of education and experience.

OR

You may qualify on a combination of education and experience. To combine education and experience, the total percentage of experience at the required grade level compared to the specialized experience requirement, as well as the percentage of completed education compared to the educational requirement must equal at least 100 percent. Only graduate level education in excess of 36 semester hours (54 quarter hours), may be used to combine education and experience.

Note: Candidates who are in the process of completing qualifying education requirements will be considered as long as the requirements are completed within 9 months from the closing date of this vacancy.

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.

Education

Basic Requirements
  • Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
  • Combination of education and experience: courses equivalent to a major in economics, as shown in 1 above, plus appropriate experience or additional education.
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 .

You MUST submit a copy of your transcripts or equivalent.

Additional information

OTHER INFORMATION:
  • We may select from this announcement or any other source to fill one or more vacancies.
  • This announcement may be used to fill like positions in other organizations within the Consumer Financial Protection Bureau
  • This is a bargaining unit position.
  • Relocation expenses will not be paid.
  • We offer opportunities for flexible work schedules.
  • Bureau employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions, which applicants may review at www.oge.gov. In addition, employees must comply with the Supplemental Standards of Ethical Conduct for Employees of the Consumer Financial Protection Bureau (5 CFR 9401), which, among other things, prohibit an employee or the employee's spouse or minor child from owning or controlling a debt or equity interest in an entity supervised by the Bureau. Regulations also impose restrictions on the outside activities of certain Bureau employees, including examiners and attorneys. Applicants may review the Bureau ethics regulations and a summary of the regulations at www.consumerfinance.gov. Questions regarding these requirements and prohibitions should be directed to the Bureau Ethics Office at EthicsHelp@cfpb.gov .
A new hire's direct and overall experience are critical factors in determining a salary offer, it is important that your resume fully reflects all of your work experience. The Consumer Financial Protection Bureau determines the salary offer for each selectee based primarily on three key factors:
  • The selectee's directly related experience at the same level as the position
  • The selectee's overall experience in a particular industry or area
  • The salaries of other Bureau employees in similar positions and with similar levels of experience.

We also take the selectee's skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range as listed in this vacancy announcement. Salary may be set from the minimum of the salary range to the midpoint of the salary range. In some instances, based on a selectee's extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that band level. See information on our base pay ranges and salary structure.

Our comprehensive benefits are among the most generous in the federal government. They include:- Challenging and rewarding work benefiting American consumers - Opportunities for development and advancement- Comprehensive Federal health, vision, dental, life, and long-term care insurance programs- Learn more about Federal benefits programs at: http://files.consumerfinance.gov/f/documents/201706_cfpb_benefits.pdf