CONCURRENT ANNOUNCEMENT: THIS POSITION IS ALSO BEING ADVERTISED UNDER MERIT PROMOTION PROCEDURES UNDER ANNOUNCEMENT NUMBER AED-2017-0004. IF YOU WISH TO BE CONSIDERED UNDER THAT ANNOUNCEMENT, PLEASE REVIEW TO DETERMINE IF YOU QUALIFY.
The Pension Benefit Guaranty Corporation has a distinguished and important mission in protecting America's pensions. At PBGC, you will use your skills in accounting, auditing, business, finance, law, actuarial science, or information technology and more, to protect the retirement income of nearly 44 million hardworking Americans. Our work is challenging, compelling, and important. Whatever your background or expertise, you will find your future at PBGC exceptionally rewarding because the work you perform will have a daily impact on the lives of relatives, friends and neighbors. It will be like no other career choice you have explored.
We are counting on bright, talented and dedicated individuals like you to achieve our goals. You will be both challenged and supported, so whether you are just starting out or looking for new opportunities, consider PBGC and start making a difference today!
If you are interested in a challenging career with great benefits, training, and strong growth potential, we strongly encourage you to apply for the Supervisory Auditor position today!
- Occasional Travel
- less than 20%
You may start at $131,767, if you possess the following within the closing date of the announcement.
Specialized Experience: One year of experience at or equivalent to the GS-14 grade level in the Federal sector or equivalent to in the private sector auditing or managing assets of pension plans within the field of public accounting, banking, or insurance or leading a group of auditing professionals who determine or assist in determining the value of plan assets. Examples of the types of plan assets being evaluated may include: complex derivatives, variable securities, private equity funds, hedge funds, funds of funds, venture capital funds, infrastructure funds, structured products, commodity pools, real estate funds, contingent securities, privately held companies, limited partnerships, fixed income, or equity linked securities.
Education Requirements: A degree in accounting or in a related field such as business administration, finance or public administration that included or was supplemented by 24 semester hours in accounting and/or auditing. 24 semester hours may include up to 6 hours in business law. (The term "accountant" should be interpreted, generally, as "accountant and/or auditor) OR A combination of education and experience encompassing at least 4 years of experience in accounting, or an equivalent combination of accounting or auditing experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:
1. 24 semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law; 2. A certificate as a Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or 3. Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24 semester hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4 year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting or auditing, the applicant's education, training, and experience fully meet the specified requirements.
Q - Sensitive
This position is located in the Office of Benefits Administration (OBA), Plan Assets and Data Management Department (PA&DMD), Asset Evaluation Division (AED), at the Pension Benefits Guaranty Corporation (PBGC)
As a Supervisory Auditor in the Asset Evaluation Division, you will:
- Oversee comprehensive audits associated with evaluating plan assets to ensure accurate and timely identification and valuation of all plan assets and liabilities. Identify plan assets to be valued and sets up an audit plan to ensure completion within OBA’s goals and objectives. Ensure that all plan asset evaluations, as assigned by OBA management are accomplished and within established protocols.
- Provide supervisory guidance to design an audit plan to assess the reasonableness/accuracy of the values of the assets and liabilities of a pension plan.