Duties

Summary

This Internship will begin Summer 2021.

Internship opportunities are available within the Division of Insurance and Research (DIR). Interns will assist in projects related to enhancing the Corporation's programs for identifying, monitoring, and addressing existing and emerging aggregate risks to the Corporation'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

• Researches, gathers information and compiles data pertaining to the financial services industry, financial markets, FDIC-insured commercial banks and thrifts, as well as national, international and regional economic developments. Documents work.
• Participates in program studies and analysis of financial, statistical and econometric models.
• Organizes data for effective presentation.
• Contributes to reports or working papers describing the results of economic research.
• Responds to routing/factual requests for analyses for information from other divisions, agencies, state and local governments and bankers on economic and financial matters.

Travel Required

Not required

Supervisory status
No

Promotion Potential
09

Requirements

Conditions of Employment

U.S. Citizenship is required.

Employment Conditions.

Registration with the Selective Service.

Background Investigation required

Must complete a FDIC Pathways Participant Agreement.

Applicant must provide official transcript if selected.

Qualifications

To be eligible for this program, applicants must: (1) be enrolled or accepted for enrollment in a degree seeking program at a qualifying educational institution on a full or half-time basis; (2) have an academic major in economics, public policy, or applied statistics; (3) have a minimum cumulative (overall) GPA of 3.0 out of 4.0; and (4) be in good academic standing.

Eligible applicants may qualify for grades based on education, experience, or a combination of education and experience. Education and experience requirements must be met by the closing date of the announcement.

Education

Completion of 2 academic years of graduate level education, or a master's degree or equivalent graduate degree.

Qualifying Experience

CG-09: 1 year of specialized experience equivalent to the GS-07

Specialized experience is experience using economic principles and research methods to perform developmental research activities for program studies and analyses of the financial, statistical, and economic models; organizing data for effective presentation; and researching, gathering information, and compiling data pertaining to the financial services industry, financial markets, FDIC-insured commercial banks and thrifts, and national, international and regional economic developments.

Education

Additional information

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

This appointment may be extended if interns continues to meet all educational and pathways requirements.

The applicants selected will be offered an excepted appointment not-to-exceed 1 Year. After successful completion of the program requirements and based on FDIC's needs, the selectees may be non-competitively converted to a Term or Permanent position based upon an evaluation of performance, completion of at least 640 hours of work experience acquired through the Internship Program, and a skills assessment. However, service in the FDIC Internship Program confers no right to further employment in the competitive or excepted service.

How You Will Be Evaluated

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

Your application package will be reviewed to determine if you meet the eligibility and qualification requirements outlined in this announcement. The application package must include all required supporting documents (resume and transcripts). If you meet the basic eligibility and qualification requirements and have submitted all required documents, your application package may be forwarded to the selecting official for further review and consideration based on FDIC's needs.

Qualified applicants who are eligible for veterans' preference will have selection priority.

• Practical knowledge of evaluative methods in the field of economics, requiring extended training or experience such as: evaluating financial information in support of economic research projects; interpreting results of compiled data; or extracting information from various sources when this requires considering the applicability of information and the characteristic and quality of the sources,
• Knowledge of economic principles and research methods sufficient to contribute to economic research.

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

Current resume. Your resume must include your degree/major and anticipated graduation date to include month and year.

EDUCATION DOCUMENTS: You must submit ALL college transcripts attended or completed (official or unofficial) showing the classes you are currently enrolled in (Spring 2021) as well as your overall cumulative GPA. If you are not a student, you must submit proof of enrollment (i.e., letter from the registrar's office or acceptance letter from an accredited educational institution). Your transcript must document the educational requirements for this position. Education must be from an accredited educational institution. For a listing of accredited educational institutions , click here . If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program. For more information, click here .

VETERANS' PREFERENCE: If you are claiming veterans' preference, click here . Veterans should submit the Member 4 copy of the DD 214, Certificate of Release or Discharge from Active Duty - or other copy showing the type of discharge/character of service (e.g., Honorable, Under Honorable Conditions, etc.) along with any other required documents.

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.