Clarification from the agency

Applications will be accepted from current competitive CFTC employees and CTAP eligibles.

The Budget Officer supports the Chief Financial Officer in the capacity of a deputy for daily operations in the budget and financial reporting functions. Responsibilities encompass financial planning, budget formulation and presentation, budget execution and analysis, financial reporting, financial data integrity, internal controls, and financial systems development and integration.

Specifically, you will:

• Stand in for the CFO as needed both at internal and external meetings involving budget and financial issues.
• Develop an annual financial plan for the agency, ensuring that funds are obligated and accounted for in accordance with Federal guidelines and regulations.
• Analyze the effect of various externally directed budget situations, such as continuing resolutions, rescissions, across-the-board reductions in budget authority, etc.
• Manage the calendar of events for the budget formulation process.
• Draft appeal documents for the Commission, supplying necessary backup analysis and graphical supporting documentation.
• Execute the Commission's budget and ensuring that financial obligations and expenditures are recorded properly in compliance with applicable law and are accounted for properly as to permit the preparation of reliable financial and statistical reports and to maintain accountability over Commission assets.
• Monitor legislative initiatives drafted by the Commission to determine resulting resource requirements or implications.
• Supervise the agency's budget staff of professional budget analysts.

Conditions of employment

• U.S. Citizenship
• Background/Security Investigation
• May be required to serve a one-year supervisory probationary
• Selective Service Registration is required for males born after 12/31/1959
• Subject to time-in-grade requirements, if applicable

Qualifications

CT-15 Level: To qualify for the CT-15 level you must have at least one year of specialized experience equivalent to the next lower grade (GS/CT-14 level).  Specialized experience includes but is not limited to:

• Extensive experience in the application of the Federal budget analysis and administration to facilitate analytical, technical, and administrative duties in one or more phases of the budgetary process, e.g., budget formulation, and budget execution.
• Extensive experience preparing and presenting complex information to senior level officials, including agency leadership, the Congress, Congressional staff, and staff of the Office of Management and Budget. 
• Knowledge of the concepts and capabilities of automated data processing and software and extensive experience using this knowledge to facilitate all aspects of budgeting (formulation, presentation, execution and analysis).

How you will be evaluated

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

Your application will be evaluated to determine if you meet the minimum qualifications required for this position. Applicants who meet the minimum qualifications will be evaluated against the core competencies required for this role using the assessment method(s) listed below.

Structured Resume Review: Your application will undergo a Structured Resume Review. Subject Matter Experts (SMEs) will review your resume to determine your technical qualifications for this position based on the required competencies. SMEs will review ONLY your two (2) page resume. SMEs will not review any additional information beyond your resume (e.g., cover letter, links embedded in your resume). This review is conducted on a Pass/Fail basis to validate your technical qualifications before further consideration.

If you are found qualified, your application may be moved forward to the next phase(s) of the review process.

Structured Interview Panel: Top candidates will be invited to participate in a Structured Interview Panel. This is a standardized interview process where all candidates are asked the same job-related questions and rated on the same consensus scoring scale of 1-5. This assessment evaluates your technical proficiency, problem-solving ability, and overall fit for the position.

The assessments for this position are designed to evaluate your proficiency in the following competencies:

• Budget Execution
• Supervision/Leadership
• Financial Systems
• Financial Management
• Oral & Written Communication

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.

• Resume showing all relevant and related experience (two pages max). If selected, your resume will be used to determine your initial pay setting decision;
• Cover letter; (optional)
• Most recent performance appraisal (optional)
• SF-50 showing you meet time in grade requirements, if applicable

Career Transition Assistance Program (CTAP). Provides eligible surplus and displaced competitive service employees in the CFTC with selection priority over other candidates for competitive service vacancies. If CFTC has notified you in writing that you are a surplus or displaced employee eligible for CTAP consideration, you may receive selection priority if: 1) this vacancy is within your CTAP eligibility, 2) you apply under the instructions in this announcement, and 3) you are found well-qualified for this vacancy. To be well qualified, you must rate equivalent to the Well Qualified or better category using established rating criteria. You must provide a copy of your written notification of CTAP eligibility with your application. Additional information about CTAP eligibility is at: http://www.opm.gov/ctap/index.asp.

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