Duties

At the full performance level, major duties include:

• Serves as a subject matter expert in the development of recommendations on agency and/or interagency policy and guidance with respect to regulatory capital; liquidity; interest rate risk; capital markets instruments, activities, and strategies (including structured products, trading activities and derivatives activities); and other supervisory issues.
  
• Serves as a subject matter expert in the analysis of bank and non-bank financial institution activities including stress testing exercises, market risk reviews, capital markets-related horizontal reviews, market making and underwriting metrics, derivatives activities (including hedging), and other similar data intensive or model-based analyses.
• Evaluates the potential impact of regulatory and capital markets changes on the general economy, the banking industry and the Deposit Insurance Fund in developing recommended actions for purposes of promoting safety and soundness or protecting the financial stability of the United States. Conducts financial and capital markets research and analyses of financial instruments and analyzes the impact that such would have on the actions and activities of bank and non-bank financial institutions.
  
• Performs research and develops analytical reports on segments of capital markets issues regarding capital market instruments, insured institution's use and involvement with/in capital markets and the associated risks. Analyzes the actual and potential impact of capital, earnings, liquidity and market risks to insured financial institutions.
  
• Keeps abreast of trends and developments in the field of finance, economics and law related to financial institutions.
  

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 .

To qualify for CG-13, applicants must have completed at least one year of specialized experience equivalent to at least the 12 grade level or above in the Federal service. Specialized experience is defined as experience performing financial or economic analyses to identify sources of risk in a financial institution, assisting in the analysis of and compliance with regulations governing financial markets.

To qualify for CG-14, applicants must have completed at least one year of specialized experience equivalent to at least the 13 grade level or above in the Federal service. Specialized experience is defined as experience performing financial or economic analyses to identify sources of risk associated with the market making of financial derivatives in a financial institution environment; or, assisting in the development of regulations governing market making in financial derivatives activities.
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

There is no substitution of education for the experience for this position.

Additional information

COVID-19: Individuals who start their Federal government service after November 22, 2021, must be fully vaccinated against COVID-19 prior to their start date, except in limited circumstances where the law requires an exception. See "Next Steps" section.

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 .