Financial Economist, NB-0110-6
The U.S. Department of the Treasury has a distinguished history dating back to the founding of our nation. As the steward of U.S. economic and financial systems, Treasury is a major and influential leader in today's global economy. We have over 100,000 employees across the country and around the world and we celebrate each individual’s identities and experiences. Our core value of inclusive diversity encourages our employees to be themselves and innovate from their unique perspectives. Come Join the Department of the Treasury and Invest in Tomorrow.
This position is located in the OCC's Economics Department, Market Risk Analysis Division (MRAD) in Washington, DC.
As a Financial Economist in this division, you willserve as a professional with responsibility for conducting and managing project activities involving the application of economic research and analysis to a wide range public and regulatory policy issues that affect the performance and competition in financial markets.
- One or more positions may be filled using this announcement.
- Salary range includes geographical pay.
- Occasional Travel
- May require occasional travel within and outside of the local commuting area.
- Relocation expenses will be paid in accordance with the OCC's relocation policy.
To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume.
You must meet the following requirements by the closing date of this announcement:
- Degree (Undergraduate and/or Graduate) in Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR
- A combination of education and experience: Courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. Examples of qualifying experience include: a) individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation; b) supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or c) teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.
We recommend that you preview the online questions for this announcement before you start the application process. Please click on all the links provided in this vacancy announcement to view additional information and instructions.
Public Trust - Background Investigation
As a Financial Economist at this band level, you will:
- Conduct and manage project activities involving the application of economic research and analysis to a wide range of public and regulatory policy issues that affect the performance and competition in financial markets.
- Initiate research projects to facilitate the development and understanding of new techniques for risk measurement.
- Conduct on-site and off-site bank specific analyses of risk measurement systems and quantitative valuation and decision models in the relevant business context. Develop analytical models relating to these topics.
- Provide analysis and advice on risk-measurement issues to OCC policymakers, by researching and drafting memoranda and position papers in areas of recognized expertise, responding to general or specific questions posed by the policy makers.
- Represent the division in OCC or interagency task forces that analyze major issues affecting the financial system, and analyze and recommend policy options.
- Manage project team work to produce in final form long-term research projects using innovative and advanced methods of analysis.