Fellow (Director's Financial Analyst)

Employer
USAJobs
Location
Washington, D.C
Posted
Oct 29, 2020
Closes
Nov 06, 2020
Function
Executive, Director
Hours
Full Time
Duties

Summary

The Bureau's Director's Financial Analyst Program is a two-year rotational analyst program that will give a select number of recent college graduates with undergraduate degrees the unique opportunity to work with senior-level executives on some of the most critical issues facing consumer financial markets in the United States.

See our tips on the application process and printable checklist to ensure each step of the application is completed.

Learn more about this agency

Responsibilities

This position is located in the Consumer Financial Protection Bureau, Office of the Director. Members of the Director's Financial Analyst Program will experience diverse roles, responsibilities, and areas of expertise. As a result, in a short period of time, analysts will play an integral role in everything the Bureau does, from rigorous data-driven policy creation and market monitoring to on-site supervision of market participants. All analysts will complete developmental rotations in offices throughout the Bureau. These rotations are designed to provide exposure to the analysis, strategy, research, education, policy development, supervision, enforcement, and rulemaking activities throughout the Bureau.

Specific duties include:
  • Assist internal clients with analytical projects relating to the consumer finance markets and providers. Draft segments of reports, analyses, and interpretations of data to Bureau staff to monitor business critical results. Assemble relevant data and other information from internal and external sources, including financial or banking industries, businesses, or regulatory agencies or from commercial vendors; solve straightforward problems as they arise. Prepare drafts of findings for review by senior specialists. Provide feedback and suggestions on projects and products and, as directed, implement improvements.
  • Support the development of substantive policy choices and agency-wide strategy through qualitative research, including policy, legal, and market research.
  • Extract data from data sources and perform ad-hoc or periodic queries for use by Bureau staff engaged in research and policy development. Provide feedback and suggestions on the queries and, as directed, implement improvements.
  • Mine data from selected data sources to arrive at specific information to be used by Bureau staff to conduct research and analysis of issues relating to consumer finance. Document the analyses performed to ensure that future verification and reproduction of results can take place. Seek out innovative, new sources of data to improve quality of analysis and, as directed, incorporate them into analysis.
  • Use selected programming languages, analytical tools, data structures, and data logic to maintain data quality programs. Provide feedback and suggestions and as directed, implement process, data, and reporting improvements for the organization to improve operational efficiencies and effectiveness.
  • Participate in the implementation of segments of new production and data storage systems to support research, inform consumers, guide the supervision of covered persons, and enforce rules relating to consumer financial protection.
  • Perform analysis of defined segments of business and data structures to generate business insights or gauge product performance. Provide feedback and suggestions on analyses and, as directed, implement improvements.
  • Communicate to senior leaders across the Bureau through written and oral presentations.


Travel Required

Occasional travel - Occasional travel may be required.

Supervisory status
No

Promotion Potential
51

Requirements

Conditions of Employment

  • Please refer to "Conditions of Employment."
  • Click "Print Preview" to review the entire announcement before applying.
  • Must be a U.S. Citizen or U.S National
  • Public Trust background investigation will be required


The experience may have been gained in either the public or 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/year, and indicate number of hours worked per week on your résumé.

Qualifications

Eligible applicants must be either:
  • Current undergraduate students who anticipate graduation between December, 2020 and June, 2021; OR
  • Individuals who have earned an undergraduate degree on or after April 1, 2018.

Eligibility Requirement: Applicants must apply within 2 years of completing an undergraduate (BA/BS) degree. An exception to the two years of undergraduate degree completion will be granted to veterans who are precluded from applying within 2 years due to a military service obligation. Veterans who meet this exception will have up to six years from the date they completed their undergraduate degree to participate in the Director's Financial Analyst Program.

Education Requirement: To qualify at the CN-30, applicants must have completed a 4-year course of study leading to a bachelor's degree with an overall GPA of at least 3.0 (or equivalent); and successful completion of at least 5 courses in any of the following: econometrics, statistics, mathematics, quantitative methods, or finance or similar coursework indicating numeric competency and/or grounded in quantitative analysis. Course work must have prepared the candidate to perform basic statistical techniques such as regression analysis, descriptive statistics, probability distributions, statistical t-tests, confidence intervals, ANOVA, and correlation coefficients.

To qualify at the CN-30: You must meet both the education and eligibility requirement listed in this section of the announcement.

Education

You MUST submit a copy of your transcripts or equivalent.

To qualify at the CN-30, applicants must have completed a 4-year course of study leading to a bachelor's degree with an overall GPA of at least 3.0 (or equivalent); and successful completion of at least 5 courses in any of the following: econometrics, statistics, mathematics, quantitative methods, or finance or similar coursework indicating numeric competency and/or grounded in quantitative analysis. Course work must have prepared the candidate to perform basic statistical techniques such as regression analysis, descriptive statistics, probability distributions, statistical t-tests, confidence intervals, ANOVA, and correlation coefficients.

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.
- This is a non-bargaining unit position.
- We offer opportunities for telework.
- We offer opportunities for flexible work schedules.
-Ethics: 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 .

CONDITIONS OF EMPLOYMENT:
- A trial period that will cover the full period of the appointment 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.
- 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.

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 résumé, responses to the online questions, and required supporting documents. Please be sure that your résumé 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:

Your application includes your:
  • Resume
  • Transcripts or Proof of degree completion (Required)
  • Cover letter (optional but recommended)

Your application must show that you meet all minimum qualifications as described under the Qualifications section. If your application is incomplete, you will not be considered.

If you meet the minimum qualification requirements, you may be invited to complete a written narrative exercise. If you fail to complete the exercise you will no longer be considered for the position.

Written Exercise: An assessment specialist from the Bureau's Office of Human Capital will contact you, if you are found minimally qualified, and you will have 72 hours to submit your written narrative. It is advised to occasionally check your "junk mail"/SPAM folders within your email to ensure you do not miss a message. You may request reasonable accommodation to complete the exercise through your assessment specialist. The submitted exercise will be assessed by a panel of trained Subject Matter Experts (SMEs) to determine your level of proficiency in the following competencies:
  • Analytical Thinking: Gathers and analyzes information, identifies and addresses problems or issues, and makes informed decisions or recommendations.
  • Written Communication: Chooses appropriate communication modes and mediums and prepares written materials that are accurate, clear, and responsive to requests.

If you complete the written narrative exercise and are rated by the SMEs among the top qualified candidates, your application may be referred to a selecting official, after which you will be requested to participate in a series of selection interviews. Additionally, the score you receive may be applied to future job announcements that:
  • are identical in occupation/level;
  • use the identical assessment materials; AND,
  • are posted within 360 days of your completed assessment.

Review your resume and responses carefully. Responses that are not fully supported by the information in your application package may result in adjustments to your score. Your resume will be among the factors used in setting your pay, should you be made an offer of employment. Please ensure that it fully describes your experience as it relates to the position for which you are applying.

Veteran's preference does not apply, however, it will be considered a positive factor in the candidate evaluation process.

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 résumé, 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).

Please ensure all required documents, including any required work samples, narratives, or other materials as stated in this announcement, are attached to your application package. Documents can be uploaded under the category of "Cover Letter".

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

VETERANS' PREFERENCE DOCUMENTATION: If you are claiming veterans preference, please see applicant guide for required documentation . In order to be considered for veterans preference, you must submit all required documentation as outlined in the applicant guide.

EDUCATION DOCUMENTATION: For positions with an education requirement, or if you are qualifying for this position by substituting education or training for experience, you MUST submit a copy of your transcripts or equivalent. An official transcript will be required if you are selected.

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. Refer to the OPM instructions .

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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