Duties

Summary

This position is located at Consumer Financial Protection Bureau, ENFORCEMENT. As an Enforcement Economist, you will conduct complex data and economic analysis and use econometric models and compliance analytics on difficult and complex topics related to consumer financial markets.

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

As an Enforcement Economist, you will:

• Provides expert advice to attorneys; supports and participates in drafting discovery requests; helps select, works with, and supports external testifying expert witnesses; and provides testimony in support of the CFPB's cases, as appropriate.
• Takes full technical responsibility for independent analysis projects and research plans through their entire lifecycle, including but not limited to identifying issues, assessing different potential methodologies, assembling data sets, completing analyses, and presenting results.
• Develops data, document, and narrative response requests to obtain information for economic, statistical, mathematical, and econometric analysis of investigational subjects' acts and practices for conformance with consumer financial protection law.
• Independently identifies potential problems in consumer financial markets and anticipates the need for economic knowledge and plans accordingly.

Travel Required

Occasional travel - Occasional Travel

Supervisory status
No

Promotion Potential
60

Requirements

Conditions of Employment

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.
Key Requirements:

Please refer to "Conditions of Employment."

Must be U.S. Citizen or U.S. National

A Public Trust background investigation will be required

Qualifications

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

Specialized Experience: For the CN-60, you must have at least one year of specialized experience performing Economist functions equivalent to the CN-53 level (For qualification purposes, the CN-53 is broadly equivalent to the GS-13) that equipped you with the particular knowledge, skills, and abilities to successfully perform the duties of this position. Specialized experience is defined as:

• Planning and executing economic research projects, using appropriate theoretical models, statistical and analytical techniques (such as statistical analysis, geospatial analysis, or predictive modeling; AND
• Using statistical packages, such as SAS, STATA, SPSS, Tableau, R or SQL; AND
• Conducting data and economic analyses on topics related to consumer financial markets; AND
• Compiling and analyzing macro data sets to construct tables or graphs that capture key findings.

We also take the selectee's skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range as listed in this vacancy announcement. Salary may be set from the minimum of the salary range to the midpoint of the salary range. In some instances, based on a selectee's extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that band level. See information on our base pay ranges and salary structure.

Our comprehensive benefits are among the most generous in the federal government. They include:- Challenging and rewarding work benefiting American consumers - Opportunities for development and advancement- Comprehensive Federal health, vision, dental, life, and long-term care insurance programs- Learn more about Federal benefits programs at: http://files.consumerfinance.gov/f/documents/201706_cfpb_benefits.pdf

Education

Basic 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 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.

Experience in related fields that did not involve the use and understanding of economic principles and theories may not be used as qualifying experience for these positions. Special attention on this point should be given to certain types of work that may or may not have provided professional economic experience. The following examples of work require special care in such determinations: (a) economic statistics; (b) industrial surveys; (c) management of individual business enterprises, including farms; (d) industrial planning; (e) writing or editorial work in economic subjects; and (f) financial market analysis. The education must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education

Additional information

OTHER INFORMATION:

• We may select from this announcement or any other source to fill one or more vacancies.
• This announcement may be used to fill like positions in other organizations within the Consumer Financial Protection Bureau
• This is a bargaining unit position.
• Relocation expenses will not be paid.
• We offer opportunities for telework.
• We offer opportunities for flexible work schedules.
• 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 one year probationary period may be required.
• Public Trust - Background Investigation will be required.
• Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
• Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
• 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.

A new hire's direct and overall experience are critical factors in determining a salary offer, it is important that your resume fully reflects all of your work experience. The Consumer Financial Protection Bureau determines the salary offer for each selectee based primarily on three key factors:

• The selectee's directly related experience at the same level as the position
• The selectee's overall experience in a particular industry or area
• The salaries of other Bureau employees in similar positions and with similar levels of experience.

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 résumé may result in a "not qualified" determination.
We will evaluate your application by comparing your description of your work experience, level of responsibility, and accomplishments, with the requirements of the position to determine whether you meet all the qualification requirements. Your application may also be evaluated in the following areas: Analytical Thinking, Subject Matter Expertise, Written Communication, and Oral Communication.

This notice is issued under the Direct-Hire authority. Using Office of Personnel Management (OPM) approved government-wide direct hire authorities, agencies may appoint candidates directly to jobs, without regard to the provisions of Title 5 U.S.C.3309 through 3318, for which OPM determines that there is a severe shortage of candidates or a critical hiring need. Candidates will be evaluated on their basic eligibility for Federal employment, minimum qualifications and possession of job-related knowledge, skills and abilities and other factors. All applicants who meet basic qualification requirements will be forwarded to the Selecting Official for further consideration. Veterans' Preference and traditional rating and ranking of applicants do not apply to this vacancy.

Background checks and security clearance

Security clearance
Other

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

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 .

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 you must submit in order to be eligible.

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.