SUPERVISORY FINANCIAL ECONOMIST (ASSOCIATE DIRECTOR, RESEARCH)

Employer
USAJobs
Location
Washington, D.C
Posted
Sep 09, 2019
Closes
Sep 17, 2019
Function
Executive, Director
Hours
Full Time
Duties

Summary

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 14 th street, near the White House, a few blocks from the McPherson Square and Metro Center metro stations, and close to shops, museums, and restaurants.

Learn more about this agency

Responsibilities

As a Supervisory Financial Economist, you will:
  • Oversee a team within the Research and Analysis division that is responsible for producing high quality, innovative research on financial markets and/or financial institutions with particular focus on implications for financial stability. Topics include, but are not limited to, asset management, asset pricing, banking, contagion, derivatives, fire sales, hedge funds, high-frequency trading, housing finance, financial innovation, financial market microstructure, financial networks and spillovers, insurance, interconnectedness, leverage, liquidity, macroeconomic amplifiers and transmission channels, macroprudential policy tools, private equity, risk management models and practices of financial institutions, runs on financial institutions, securitization, short-term funding, stress testing, systemic risk, and volatility.
  • Manage the provision of research, information, and data generated by the team on a wide range of financial market and/or financial institution issues relevant to financial stability, to the public and policymakers. Provide authoritative research and data to the OFR Director and the Deputy Director of the Research and Analysis Center, and, through them, to the public, Financial Stability Oversight Council members and senior Council officials as requested.
  • Serve as the Office's authority on matters involving data collection and research and analysis of financial markets and/or financial institutions and polocies affecting them, as they relate to financial stability and associated data gaps.
  • Provide staff support to the production of the OFR's Annual Report, Financial Stability Report, and other OFR publications, papers, and products.
  • Collaborate with other Associate Directors within the Office to monitor and assess the significance of current and future financial, economic, policy, and technological developments as they relate to financial stability, including producing memos, publications, papers, and other products on such developments, occasionally under tight time constraints.


Travel Required

Occasional travel - 1 - 5 days a month

Supervisory status
Yes

Promotion Potential
70

Requirements

Conditions of Employment

  • Please refer to "Conditions of Employment."
  • Click "Print Preview" to review the entire announcement before applying.
  • Must be U.S. Citizens or U.S. Nationals


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.

Qualifications

You must meet the following requirements by the closing date of this announcement.

Specialized experience: For the OR-70 (GS-15), you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the OR-60 (GS-14)grade level in the Federal service. Specialized experience for this position includes:
  • Experience leading or supervising the activities of researching, interpreting and communicating research on financial market and/or financial institution issues relevant for financial stability; AND
  • Experience leading or supervising the production and presentation of formal research products, such as papers, presentations, briefing memos, analyses, and recommendations, on financial market and/or financial institution issues relevant for financial stability; AND
  • Producing and publishing research or analysis on financial and economic topics concerning financial market and/or financial institution issues relevant for financial stability, in papers or reports intended for publication in relevant academic, government or industry publications or refereed academic journals; AND
  • Monitoring, investigating, and reporting on changes in financial markets and/or financial institutions and their implications for financial stability; AND
  • Developing mathematical or statistical models to assess the nature, behavior, or structure of financial markets and/or financial institutions and their implications for the economy and policies pertaining to financial stability.

Examples of research on the relevant topics (financial stability-related issues regarding financial markets, financial institutions, or risk management practices of financial institutions) may include independently planning and conducting financial or economic research projects; experience applying analytical and research techniques (e.g., econometrics, mathematical economics, network analysis, game theory); developing mathematical or statistical models to assess the impact of the financial sector or financial developments on the economy.

- Qualifying experience does NOT include:
- Performing economic research or publishing on subjects unrelated to financial institutions or financial markets or policies affecting financial institutions or financial markets (including but not limited to accounting, health care, agriculture, energy, or environmental economics).
- Managing or performing business operations functions within an organization, such as budgeting, corporate 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 or other security analysis, financial compliance filings, customer service functions, business planning or analysis, or facilities management.


Education

Education 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 A 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.

Additional information

- We may select from this announcement or any other source to fill one or more vacancies.
- Relocation expenses will not be paid.
- This is a non-bargaining unit position.
- A recruitment incentive may be offered.
- We offer opportunities for telework.
- We offer opportunities for flexible work schedules.

CONDITIONS OF EMPLOYMENT:
- A one year probationary period may be required.
- A one year supervisory or managerial probationary period may be required.
- Must successfully complete a background investigation.
- Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
- 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.
- Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
- 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.
- Undergo an income tax verification.
- Public Trust - Background Investigation will be required.

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Your application includes your resume, responses to the online questions, and required supporting documents. Please be sure that your resume includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resume may result in a "not qualified" determination.

Rating: Your application will be evaluated in the following areas: Technical. Based on your responses to the questions, your application will be sent to a subject matter expert (SME) for review and ranking. The SME will sort all applicants into three categories (A, B, and C) based on the three rating factors in the questions (please review before submitting your application). Those in category A will be forwarded on to the hiring manager for review (category B may be sent at a later date if needed).

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.

Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. 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.

To preview questions please click here .

Background checks and security clearance

Security clearance
Not Required

Drug test required
No

Required Documents

A complete application includes 1. A resume, 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).

All applicants are required to submit a resume 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 resume. We suggest that you preview the online questions, as you may need to customize your resume to ensure that it supports your responses to these questions. Please view resume 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.

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, if you are selected. Refer to the OPM instructions .

SPECIAL INSTRUCTIONS FOR SUBMITTING ACADEMIC-STYLE CURRICULUM VITAE FOR A RESUME

An academic curriculum vitae does not generally include sufficient information to satisfy the requirements of this posting. All experiences relevant to your responses for the specialized experience and questionnaire must be listed and described. Provide detailed descriptions for each experience that can be used to support your responses, including but not limited to:
  • Dates of employment in relevant research, research assistant, teaching, or teaching assistant positions, if those were paid positions, and if those positions were required as part of an educational program or to obtain an educational degree (meaning that you could not get the degree unless you had held the position;
  • For each research project or existing paper, whether the topic concerns financial markets, financial institutions, or financial stability;
  • Evidence of training for technical skills through either coursework or research experience (for example, what analytical or quantitative techniques did individual courses or research projects involve);
  • Formal presentations of research to internal and/or external audiences.

We recommend that you preview the specialized experience and online questions for this announcement before you start the application process and revise your resume or curriculum vitae as needed so it has sufficient detail for a reviewer to know that you have every aspect of the specialized experience. Do not worry about the length of your resume or curriculum vitae. There is no length limit.

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 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.

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