Economic Analyst, CG-0110-09/11

U.S. Federal Government - Washington, DC (30+ days ago)4.3

    • Summary

      This position is located in the Division of Insurance and Research, Headquarters Office, of the Federal Deposit Insurance Corporation and conducts 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.

      • Develops and assists on projects and studies concerning insurance fund exposure including methodologies to improve the pricing of risks to the funds.
      • Gathers, analyzes, and presents information pertaining to the performance of insured institutions and other developments affecting the deposit insurance funds.
      • Investigates emerging issues and selected topics pertaining to the risk exposure of the deposit insurance funds.
      • Compiles and provides information for incorporation into studies, policy analyses, testimony, and other corporate documents.
      • Assist 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

      Who May Apply This job is open to… All United States Citizens.

      (Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2018-HQ-B0251. However, if you desire consideration also under this public non-status announcement, you must apply to both. Status applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.)

      Questions? This job is open to 1 group.

    • Job family (Series) 0110 Economist

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    • Requirements Requirements Conditions of Employment
      • Transcripts Required (unofficial transcripts acceptable)

      Completion of Confidential Financial Disclosure may be required.

      U.S. Citizenship is required.

      Employment Conditions.

      Registration with the Selective Service.

      Low Risk Position - National Agency Check Investigation (NACI) 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.

      1. Individual Occupational Requirements:

      Basic Requirements

      A. Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.


      B. Combination of education and experience: courses equivalent to a major in economics, as shown in A 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.

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

      In addition to meeting the Basic Individual Occupational Requirement, applicants must meet the defined qualification requirements listed below:

      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.
    • CG-11: Applicant must have one year of specialized experience equivalent to at least the grade 09 level in the Federal Service. Specialized experience is defined as experience performing three or more of the following functions: (1) evaluating and proposing 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 "well qualified" for this position. For more information, click here .


      Additional information

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

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

      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. 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.

      If you are found qualified, you will be placed in one of three categories: Best Qualified, Highly Qualified, or Qualified. These category assignments are a measure of the degree in which your background and responses to the assessment questions match the competencies/knowledge, skills, and abilities (KSAs) listed below. Within these categories, candidates eligible for veterans’ preference will receive selection priority over non-veterans.

    • Knowledge of principles, theories, and research methods pertaining to economic and financial analysis.
    • Knowledge of concepts, procedures, and methods used in mathematical and statistical calculations.
    • Ability to conduct financial, economic, and banking analysis.
    • Skill using personal computers and software applications for data analysis/presentation.
    • Ability to write reports and explain statistical results to varied audiences.
    • Ability to communicate orally to gather information and reporting findings.
    • 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 Public Trust - Background Investigation

      Drug test required No

    • Required Documents Required Documents

      Please review the following to determine your eligibility and which document(s) is required to complete your application:

      VETERANS’ PREFERENCE: If you are claiming veterans’ preference, click here . (Note: Veterans must 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.)

      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 .

      EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here . An official transcript will be required if you are selected.

      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 .

      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.

    • Benefits Benefits A career with the U.S. Government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Learn more about federal benefits .

      Review our benefits

      Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time, or intermittent. Contact the hiring agency for more information on the specific benefits offered.