Duties

Summary

This position is located at Consumer Financial Protection Bureau, MARKETS. As a Financial Analyst, you will be responsible for conducting complex financial analyses and market assessments regarding consumer financial product and service markets in order to assist in the identification and evaluation of industry trends.

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 a Financial Analyst, you will:

• Lead the analysis and evaluation of financial and operational data for market participants using complex quantitative and qualitative techniques.
• Gather, evaluate, and finalize key findings from market and company data gathered by junior analysts.
• Oversee the maintenance of databases of information pertaining to market participants and industry trends. Lead ad hoc querying support for specific requests made by senior staff members as directed.
• Develop measures for quantifying risks to consumers and markets in consumer lending markets and consumer risk analytics for monitoring of depository and non-depository institutions.

Travel Required

Not required

Supervisory status
No

Promotion Potential
53

Requirements

Conditions of Employment

This opportunity is also open to Status Candidates under Announcement 21-CFPB-303-MP. Please refer to that announcement for details on open period, eligibility, and how to apply.

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

As required by Executive Order 14043, Federal employees are required to be fully vaccinated against COVID-19 regardless of the employee's duty location or work arrangement (e.g., telework, remote work, etc.), subject to such exceptions as required by law. If selected, you will be required to be vaccinated against COVID-19 and submit documentation of proof of vaccination by November 22, 2021 or before appointment or onboarding with the agency, if after November 22. Please do not submit any vaccine documentation at this time. If you are selected for a position at the Bureau, additional information will be provided regarding what information or documentation will be needed and how you can request of the agency a legally required exception from this requirement.

Due to COVID-19, the Bureau is currently in a maximum telework posture through at least January 15, 2022 . If selected, you may be expected to temporarily telework, even if your home is located outside the local commuting area. Once employees are permitted to return to the office and maximum telework is revoked, you will be expected to report to the duty station listed on this announcement. At that time, you may be eligible to request to continue to telework on a routine or situational basis in accordance with the Bureau's telework policy.

Qualifications

You must meet the following requirements with 30 days of the closing date of this announcement.

Specialized Experience for CN-53: To qualify at CN-53, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the CN-52 grade level in the Federal service. (For qualification purposes, the CN-52 is broadly equivalent to the GS-12). Specialized experience for this position includes:

- Conducting financial or quantitative analysis and market assessments regarding one (1) or more of the following markets for consumer financial products and services: mortgage origination, mortgage servicing, auto lending, credit reporting, consumer financial data exchange, credit cards, consumer lending (e.g., small dollar and installment), credit reporting, deposits, payments, consumer permissioned data access, consumer financial technology (FinTech), small business lending (e.g., community development financial institution and minority depository institution), rental housing, and financial institution data and core processing systems;
-- Examples of specialized experience include: performing data analysis and evaluation using loan- or transaction-level data sets (e.g., credit bureau, Bloomberg, Moody's); conducting multivariate statistical analysis using tools (e.g., SAS, STATA or R); and writing quantitative financial reports analyzing developments in the relevant market or markets.
AND
- Working with stakeholders to gather inputs and validate recommendations in support of market analysis and market monitoring activities;
AND
- Developing written products to demonstrate analyses, policy or business options and implications, and recommendations.

Specialized Experience for CN-52: To qualify at CN-52, you must have one year of specialized experience at or equivalent to the next lower band/grade (CN-51, GS-11 or equivalent) in the Federal service. For this position specialized experience is defined as
- Conducting financial or quantitative analysis and market assessments regarding one (1) of the following markets for consumer financial products and services: mortgage origination, mortgage servicing, auto lending, credit reporting, consumer financial data exchange, credit cards, consumer lending (e.g., small dollar and installment), credit reporting, deposits, payments, consumer permissioned data access, consumer financial technology (FinTech), small business lending (e.g., community development financial institution and minority depository institution), rental housing, and financial institution data and core processing systems;
-- Examples of specialized experience include: performing data analysis and evaluation using loan- or transaction-level data sets (e.g., credit bureau, Bloomberg, Moody's); conducting multivariate statistical analysis using tools (e.g., SAS, STATA or R); and writing quantitative financial reports analyzing developments in the relevant market or markets.
AND
- Developing reports or technical materials relating to financial analysis, methods, or procedures.

Specialized Experience for CN-51: To qualify at CN-51, you must have one year of specialized experience at or equivalent to the next lower grade/band (CN-40, GS-9 or equivalent) in the Federal service. For this position specialized experience is defined as
- Analyzing data to identify problems and trends, and developing recommendations to improve gaps in policy and/or business procedures relating to one (1) of the following consumer financial services market areas: mortgage origination, mortgage servicing, auto lending, credit reporting, consumer financial data exchange, credit cards, consumer lending (e.g., small dollar and installment), credit reporting, deposits, payments, consumer permissioned data access, consumer financial technology (FinTech), small business lending (e.g., community development financial institution and minority depository institution), rental housing, and financial institution data and core processing systems; AND
- Utilizing analytical tools (e.g., SAS, STATA or R) or financial data systems to analyze financial data sets.
OR

• Ph.D. or equivalent doctoral degree.

OR

• 3 full years of progressively higher level graduate education leading to such a degree or LL.M., if related.

OR

• You may qualify by a combination of experience and education. Options for qualifying based on a combination will be identified in the online questions.

You MUST submit a copy of your transcripts or equivalent.

Education

Education Requirements:
The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. 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 .

You MUST submit a copy of your transcripts or equivalent.

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.
• 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.
• 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.

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

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.

Rating : Your application will be evaluated in the following areas: Subject Matter Expertise - Quantitative Analysis & Written Communication.

Category rating will be used to rank and select eligible candidates. If qualified, you will be assigned to one of three quality level categories: A, B or C depending on your responses to the online questions, regarding your experience, education, and training related to this position. Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application.
If you meet the minimum qualification requirements and receive a score within the top tier of candidates on the self-assessment questions, you will then be required to submit a work sample. Upon receiving an email notification from a CFPB representative to submit this work sample, applicants must acknowledge with a response within three business days or he/she will be removed from consideration for this position. It is advised to occasionally check your "junk mail"/SPAM folders within your email to ensure you do not miss an email. Your work sample will be evaluated by a panel of subject matter experts. The work sample must be submitted by the applicant within two weeks from the initial contact from a CFPB representative or he/she will be removed from consideration. The work sample is not required at the time of application. Your application will be evaluated in the following areas: Subject Matter Expertise - Quantitative Analysis & Written Communication.
Veterans' preference is applied after applicants are assessed. Preference-eligibles will be listed at the top of their assigned category and considered before non-preference-eligibles in that category.

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 receive a score in the middle category or better to be rated as "well qualified" to receive special selection priority.

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

It is anticipated that there will be significant interest in the announcement. As a result, the announcement will close at 11:59 p.m. ET on the date of receipt of the 150 application or at 11:59 p.m. ET on 10/19/2021; whichever occurs first. Any required documents should be submitted at the time that you apply as documents will not be accepted after the vacancy closes.

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.

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.