Duties

Summary

The positions are located in the Economic Analysis and Regulatory Analysis Sections in the Division of Insurance and Research at the Federal Deposit Insurance Corporation, conducting economic research in support of the Corporation's efforts to identify, monitor and address critical existing and emerging aggregate risks to the FDIC's deposit insurance funds.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Learn more about this agency

Responsibilities

• Develops and assists on projects and studies concerning insurance fund exposure, including methodologies to improve the pricing of risks to the funds.
• Investigates emerging issues and topics pertaining to the risk exposure of the deposit insurance funds. Gathers, analyzes, and presents information pertaining to the performance of insured institutions and other developments affecting the deposit insurance funds.
• Compiles and provides information for incorporation into studies, policy analyses, testimony, and other corporate documents.
• Assists in the use and enhancement of financial and statistical models and organizes data for presentation.
• Communicates about projects and findings to other divisions and other regulators orally and in writing.

Travel Required

Occasional travel - Occasional overnight travel may be required.

Supervisory status
No

Promotion Potential
12

Requirements

Conditions of Employment

Registration with the Selective Service.

U.S. Citizenship is required.

Employment Conditions.

Completion of Financial Disclosure may be required.

Qualifications

Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious/spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Additional qualifications information can be found here .

CG-09: Applicant must have one year of specialized experience equivalent to at least the grade 07 level in the Federal Service. Specialized experience is experience performing at least two or more of the following functions: (1) evaluating policy alternatives in a regulated banking environment; (2) using statistical software programs to evaluate and manipulate large data sets; (3) developing and working with economic models; or (4) evaluating bank data in a regulatory environment to identify risks and trends in the banking/financial industry.

OR you may substitute education as follows:

You must have earned a master's or equivalent graduate degree or 2 full years of progressively higher level graduate education leading to such a degree in economics or a related field.

Have a combination of education and experience that meets the requirements for the CG-09. You must have graduate level education as described above, beyond the 1st full year of graduate level education and specialized experience as describe above that together meet the qualification requirements for this position.

CG-11- Applicants must have at least 1 year of specialized experience equivalent to the CG/GS-09 level in the Federal service. Specialized experience is experience performing three or more of the following functions: (1) evaluating policy alternatives in a regulated banking environment; (2) creating computer software programs to evaluate and manipulate data sets using SAS, STATA, MATLAB, SQL or Python; (3)using computers to construct economic and financial models covering the banking and financial industry using SAS, STATA, MATLAB or Python; or (4) evaluating banking data in a regulatory environment to identify risks and trends in the banking/financial industry.

OR you may substitute education as follows:

You must have earned a Ph.D. or equivalent doctoral degree or 3 full years of progressively higher level graduate education leading to such a degree in economics or a related field.

Have a combination of education and experience that meets the requirements for the CG-11. You must have graduate level education as described above, beyond the 2nd full year of graduate level education and specialized experience as describe above that together meet the qualification requirements for this position.

Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined "well qualified" for this position. For more information, click here .

Education

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.

YOU MUST PROVIDE YOUR TRANSCRIPT(S) (unofficial copy is acceptable)

Additional information

If selected, you may be required to serve a probationary period.

To read about your rights and responsibilities as an applicant for Federal employment, click here .

How You Will Be Evaluated

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

Your resume and the online assessment questionnaire will be reviewed, to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, average number of hours worked per week, and if the position is/was in the Federal government, you should provide the position series and grade level.

Your resume will also be evaluated to measure your responses to the assessment questions. If you rated yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected.

Top ranked candidates will be referred to the selecting official for further review and consideration.

The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below.

A. Knowledge of principles, theories, and research methods pertaining to economic and financial analysis.I

B. Knowledge of concepts, procedures, and methods used in mathematical and statistical calculations.

C. Ability to conduct financial, economic, and banking analysis.

D. Skill using personal computers and software applications for data analysis/presentation.

E. Ability to write statistical reports.

F. Ability to communicate orally to gather information, reporting findings and explain statistical results to varied audiences.

You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.

To preview questions please click here .

Background checks and security clearance

Security clearance
Other

Drug test required
No

Position sensitivity and risk
Non-sensitive (NS)/Low Risk

Trust determination process
Suitability/Fitness

Required Documents

Failure to provide all of the required documentation as stated in this vacancy announcement may result in an ineligible determination or may affect your consideration status. Please review the following to determine your eligibility and which document(s) is required to complete your application:

VETERANS EMPLOYMENT OPPORTUNITY ACT (VEOA) ELIGIBLES AND SPECIAL HIRING AUTHORITIES FOR VETERANS: If you are applying for consideration under VEOA and special hiring authorities for veterans, click here . You must submit documentation (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans' eligibility.

SPECIAL APPOINTING AUTHORITIES FOR PEOPLE WITH DISABILITIES: If you are applying for consideration under special appointing authorities for people with disabilities, you will be required to provide proof of disability documentation to specify that you are a person who (1) has a severe physical disability; (2) an intellectual disability; or (3) a psychiatric disability. The documentation does NOT need to detail your specific disability, medical history, or need for accommodation, however; the letter MUST clearly state that you are eligible for appointment under this authority and that your eligibility is based on a severe physical disability; an intellectual disability; or a psychiatric disability. THE DOCUMENTATION MUST HAVE BEEN OBTAINED FROM: (a). Licensed medical professionals; or (b). State or private vocational rehabilitation specialists; or (c). Any Government agency (e.g., VA, etc.) that issues or provides disability benefit. THE DOCUMENTATION MUST INCLUDE: a statement that you are eligible based on one of the following: severe physical disability, an intellectual disability, or a psychiatric disability. To view sample Schedule A proof of disability letters, click here , and for more information on this special appointing authority, click here . Please note that employees hired under this Schedule A hiring authority will be required to complete a Standard Form 256 to identify their disability status.

INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a displaced or surplus Federal employee eligible for consideration under the ICTAP, you must submit proof of eligibility. For more information, click here .

CURRENT FEDERAL EMPLOYEES OR REINSTATEMENT ELIGIBLES WITH COMPETITIVE STATUS: A copy of your most recent SF Form 50, Notification of Personnel Action that shows: (1) permanent or career-conditional tenure (codes 1 or 2, in block 24), and (2) position occupied in the competitive service (code 1, in block 34). If reinstatement eligible include your Career/Career conditional SF-50. To be considered as a non-competitive eligible candidate, the SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying.

NONCOMPETITIVE CONVERSION ELIGIBLES UNDER A PATHWAYS PROGRAM: If you are applying under this noncompetitive conversion authority, you must provide proof of program completion. A letter from your current agency certifying completion is acceptable documentation.

FDIC EMPLOYEES: Submit a final digitally signed copy of your most recent Annual Performance Appraisal and Evaluation form. The final PDF form is also acceptable. If you want to be considered non-competitively include a copy of your SF-50. The SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying.

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.