Financial Data Scientist, CG-1560-13 (FPL 14) Job

Vacancy No. 2024-DRR-DHB540 Department Federal Deposit Insurance Corporation
Salary $123,575.00 to $211,867.00 Grade 13 to 13
Perm/Temp Permanent FT/PT Full-time
Open Date 6/21/2024 Close Date 7/5/2024
Job Link Apply Online Who may apply Public
Locations:
Washington, DCDallas, TX


Job Description (Please follow all instructions carefully)

Summary

This position is located in the Division of Resolutions and Receiverships, Washington DC or Dallas TX, of the Federal Deposit Insurance Corporation and provides support in the areas of AMM program financial modeling needs including big data management, probabilistic modeling, structured finance modeling, and data science techniques and provides reports, recommendations, and presentations to management.

This job is open to

Clarification from the agency

This position is open to all United States Citizens. This is a Direct-Hire Public Notice.

Duties

  • Leads the development of auditable, flexible, repeatable, and scalable extract transform and load (ETL) or extract loan transforms (ELT) capabilities on structured and unstructured data sources in a variety of formats from multiple sources.
  • Advises on the potential benefit in developing and implementing lifecycle and analytic tools for a wide range of systems, applications, and end-users to improve the efficiency of program operations.  Analytic tools include artificial intelligence/machine learning (AI/ML) models, data visualizations, and other analysis supporting research, policy and risk assessment for insurance, supervision, and resolution activities.
  • Identifies and applies complex analytical techniques such as statistical and econometric analysis, machine learning algorithms, data missing, metadata management, and data standardization to data management and banking industry matters and trends.
  • Gathers, analyzes, and presents a wide range of financial information pertaining to FDIC insured commercial banks and thrifts, asset resolution strategies, financial market benchmarks, industry trends as well as state and regional economic conditions to specific FDIC risk exposures, and reports findings, conveys complex financial concepts and conclusions to Branch, Division and Corporation senior management, and translates results of analysis into clear, actionable communications that equip business decision makers to make informed, data-driven decisions.
  • Analyzes a variety of data sources to provide data-driven analytical software to programmatically prepare, clean, and augment imperfect data (using techniques of probabilistic matching, imputation of missing values, etc.) for business analytics, including the valuations of assets and liabilities for FDIC financial statements in conjunction with other divisions and stress tests and analyses to senior management on various economic scenarios based on the  PD/LGD framework for projecting credit losses on commercial bank loan assets such as single-family, commercial real estate, construction and development loans, etc., based on historical performance data.

Requirements

Conditions of Employment

Minimum Background Investigation (MBI) required

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.
Basic Requirements:
Degree: Mathematics, statistics, computer science, data science or field directly related to the position. The degree must be in a major field of study (at least at the baccalaureate level) that is appropriate for the position.
OR
Combination of education and experience: Courses equivalent to a major field of study (30 semester hours) as shown in paragraph A above, plus additional education or appropriate experience.
Specialized Experience:
To qualify, 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 in 1) designing or developing data analytics/science financial related products using techniques such as probabilistic modeling, structured finance modeling, machine learning, or artificial intelligence; or 2) conducting analysis using software and/or programming languages such as SQL, Python, R or Apache Spark to test hypotheses and predict outcomes; or 3) using data tools and techniques to process large datasets into structured formats for matching, analysis, or estimation.

Education

See requirements stated under QUALIFICATIONS.

Additional information

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Selectee(s) for this position will be required to report to their duty station office at least 1 day per pay period beginning January 2, 2024, and at their supervisor’s direction to support mission and project needs. In person reporting requirements are expected to increase in July 2024.

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.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 26.91% to a high of 33.41%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.

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. Opens in a new windowLearn more about federal benefits.

In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.

To find out more, click here.

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.

How You Will Be Evaluated

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

This is a Direct-Hire Public Notice.  Applications will be accepted for the location identified in the public notice.  Veteran’s preference and traditional rating and ranking of applicants DO NOT apply to positions filled under this public notice. 

All complete applications (transcripts must be included, if applicable) will be verified for eligibility requirements and will be submitted to the hiring official upon request.

https://www.opm.gov/policy-data-oversight/hiring-information/direct-hire-authority/#url=Governmentwide-Authority

Upon the submission of your application package to USAJobs.gov, you will receive an automatic reply informing you that your application has been submitted, received and is being processed. If you provided an email address, you will receive an email message acknowledging the receipt of your application. Your application will remain active through the open period of this Public Notice. You will not receive any additional notifications, and your resume may not be reviewed for qualifications unless a position is requested to be filled by the hiring official. After you submit your application, you will be contacted only if further evaluation or interviews are required or upon your selection.”

If requested by Management, your application 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 determination. 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.

You do not need to respond separately to these KSAs. Your resume will serve as responses to the KSAs.


You may preview questions for this vacancy.

Required Documents

INTERAGENCY TRANSITION ASSISTANCE PROGRAM (ICTAP): If you are a displaced Federal employee eligible for consideration under ICTAP, you must submit proof of eligibility. For more information, click here

EDUCATION DOCUMENTS:  This position has a positive education requirement. In order to be considered, you must 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.  If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.

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.

How to Apply

To begin, click the “Apply” button and follow the prompts. If you haven’t already, register and establish a USAJOBS account. After you register online, click the “Apply” button to complete the online assessment questionnaire, and submit all required documents. Please be sure to click “Submit Application” to complete the application process. You must apply online.

Applicants requesting an exception from the online process must contact the Human Resources Specialist or point of contact listed in this announcement prior to 12:00 noon local time on the closing date.

To return to your saved application, log in to your USAJOBS account and click on “Applications” tab. Click on the “Position Title,” and then select “Update Application” or “Additional Application Information” to continue.

You have until 11:59 p.m. ET (Eastern Time) on the closing date of this announcement to complete the application process.

Please ensure you have completed the application process by verifying the status of your application on-line to reflect: “Received”. Failure to complete the application process will result in an incomplete application and you will not be considered for the position.

Agency contact information

Derrick Carroll
Phone
678-916-2306
TDD
1-800-925-4618
Fax
000-000-0000
Email
dcarroll@fdic.gov
Address
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
Dallas, Texas 75201
United States
Learn more about this agency

Next steps

You may check the status of your application on-line 24 hours a day, 7 days a week through USAJOBS by signing in and selecting "Application Status." Thank you for your interest in working for the Federal Deposit Insurance Corporation.


Note: We cannot accept applications on behalf of Federal Agencies. Application instructions are listed within the Job Description.