Summary
This position is located at Departmental Offices,Domestic Finance-Office of Financial Research. As a/an Quantitative Analyst - Interdisciplinary, you will serve as a Quantitative Analyst in the Office of Financial Research (OFR), Department of the Treasury, reporting to the Associate Director in an assigned section in the OFRs Research and Analysis Center.
This job is open to
Clarification from the agency
U.S. citizens or U.S. Nationals; no prior Federal experience is required. This is an open continuous announcement. The open period is 6 months. Applications will be reviewed on the established cut dates: 5/31/2024, 6/30/2024, 7/31/2024, 8/30/2024, 9/31/2024, 10/31/2024.
Duties
The following are the duties of this position at the OR-53. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties and will receive training to help you grow in this position.
- Plan, formulate, conduct, evaluate, and carry out a wide range of financial and technical research and analysis relating to assigned duties and responsibilities.
- Provide data, information, research, quantitative, and technical support on issues relevant to the OFRs research agenda.
- Ensure the provision of authoritative data, analysis, and information to the Director, the Deputy Director of the Research and Analysis Center, the Associate Director, OFR Researchers, and, through them, to FSOC members and other senior FSOC officials as requested on all matters pertaining to their sector.
- Establish and maintain, with others, data and information systems, including information sharing arrangements with State, Federal, and foreign regulatory authorities; obtain data and information jointly with such authorities; obtain information from public sources; independently collect information and data, when necessary and in accordance with the Act.
- Participate in interagency working groups on questions pertaining to assigned issue areas; prepare replies to inquiries from the general public and members of Congress regarding assigned subject areas; consult with other professionals within the OFR, other Federal agencies, and outside the U.S. Government, and with Congressional staff on various financial issues.
Requirements
Conditions of Employment
Key Requirements:
- Must be U.S. Citizen or U.S. National.
- A one-year probationary period may be required.
- Must successfully complete a background investigation.
- Public Trust - Background Investigation will be required.
- All new hires will be required to comply with federal ethics laws. A review of financial or other interests may be conducted to determine if they create any real or apparent conflict of interests with official Treasury duties.
- Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
- Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
- 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.
- Please refer to the "Additional Information" section for additional Conditions of Employment.
Qualifications
You must meet the following requirements by the closing date of this announcement.
SPECIALIZED EXPERIENCE: For the OR-53, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the OR-52 grade level in the Federal service . Specialized Experience for this position includes:
- Independently utilizing quantitative methods from statistics, mathematics, or econometrics to research, analyze, develop reports and presentations addressing technical problems related to financial markets or financial institutions. AND
- Querying large data sets; utilizing SQL (MS SQL, PostgreSQL, MySQL, etc.) and NoSQL (HDFS/Hadoop, Hive, Pig, Impala, etc.) databases; with experience programming in Python and at least one of the following: R, Spark, Matlab, Stata, C, Perl, or Java; AND
- Experience independently performing analysis of economic, financial, or asset-pricing data using Stata, SPSS, SAS, or econometric methods.
SPECIALIZED EXPERIENCE: For the OR-52, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the OR-51 grade level in the Federal service . Specialized Experience for this position includes:
- Using quantitative methods from statistics, mathematics, or econometrics to conduct research and analysis of technical problems related to financial markets or financial institutions; and developing written reports and presentations of methods and findings from the analyses, AND
- Querying data sets; working with SQL (MS SQL, PostgreSQL, MySQL, etc.) and/or NoSQL (HDFS/Hadoop, Hive, Pig, Impala, etc.) databases; and programming in Python with experience in one of the following: R, Spark, Matlab, Stata, C, Perl, or Java; AND
- Analyzing economic, financial, or asset-pricing data using Stata, SPSS, SAS, or econometric methods.
SPECIALIZED EXPERIENCE: For the OR-51, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the OR-43 grade level in the Federal service . Specialized Experience for this position includes:
- Experience using, under the supervision and direction of senior staff, quantitative methods from statistics, mathematics, or econometrics to research and analyze issues related to financial markets or financial institutions producing written reports and presentations of methods and findings AND
- Experience querying data sets; working with SQL (MS SQL, PostgreSQL, MySQL, etc.) and/or NoSQL (HDFS/Hadoop, Hive, Pig, Impala, etc.) databases; and programming in one or more of the following: Python, R, Spark, Matlab, Stata, C, Perl, or Java; AND
- Experience performing, under the supervision of senior staff, analysis of economic, financial, or asset-pricing data using Stata, SPSS, SAS, or econometric methods.
OR
- 3 years of progressively higher-level graduate education leading to a Ph.D. degree or Ph.D. or equivalent doctoral degree as described in the individual occupation requirements specified in this announcement.
OR
- You may qualify on a combination of education and experience. To combine education and experience, the total percentage of experience at the required grade level compared to the requirement, as well as the percentage of completed education compared to the requirement must equal at least 100 percent. Only graduate level education in excess of the first 36 semester hours (54 quarter hours) may be combined to be considered for qualifying education.
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 resumé.
Education
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.
Individual Occupational Requirements
Basic Requirements for Economist, 0110 A. Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR B. Combination of education and experience: Courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.
Basic Requirements for Mathematician, 1520: A. Degree: mathematics; or the equivalent of a major that included at least 24 semester hours in mathematics. ORB. Combination of education and experience -- courses equivalent to a major in mathematics (including at least 24 semester hours in mathematics), as shown in A above, plus appropriate experience or additional education.
Basic Requirements for Statistician, 1530: A. Degree: that included 15 semester hours in statistics (or in mathematics and statistics, provided at least 6 semester hours were in statistics), and 9 additional semester hours in one or more of the following: physical or biological sciences, medicine, education, or engineering.
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.
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 announcement is issued under the "direct-hire" authority. Consistent with 5 U.S.C. 3304(a)(3) and OPM regulations (5 CFR 337 Subpart B) on direct-hire: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.
Your application includes your resumé, responses to the online questions, and required supporting documents. Please be sure that your resumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resumé may result in a "not qualified" determination.
Referral: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.
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 have a score of 85 or better to be rated as "well qualified" to receive special selection priority.
Required Documents
A complete application includes:
1. A resume: All applicants are required to submit a resumé, either by creating one in USAJOBS, or uploading one of their own choosing. (Cover letters are optional.)
- Please limit your resume to 5 pages. If more than 5 pages are submitted, your resume will still be accepted, however only the first 5 pages will be reviewed and considered for qualifications and eligibility determination in whether or not the minimum qualifications for the position have been met.
- To receive full credit for relevant experience, please list the month/date/year and number of hours worked for experience listed on your resumé.
- It is suggested that you preview the entire announcement and online assessment questionnaire, to ensure that your resumé thoroughly describes how your skills and experience align to the criteria defined in the "Qualifications" section of this announcement and support your responses to the online assessment questionnaire.
- For resumé writing guidance, please visit USAJOBS Resources Center.
2. Vacancy assessment question responses: All applicants are required to complete vacancy question responses by clicking the apply online button of this vacancy announcement.
3. Submission of any required documents identified below, if applicable: 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).
- 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:
- You are not required to submit transcripts for this initial phase of the application process. Candidates will be referred for consideration based on their self-certification. If you are selected for a position which has a positive education requirement (as described in the vacancy announcement) and/or you are qualifying solely on your education, you will be required to submit official transcripts verifying your qualifications prior to a job offer being issued.
- 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.
How to Apply
DO has partnered with the Treasury's Bureau of the Fiscal Service to provide certain personnel services to its organization. Fiscal Service's responsibilities include advertising vacancies, accepting and handling applications, and extending job offers.
The following instructions outline our application process. You must complete this application process and submit any required documents by 11:59 p.m. Eastern Time (ET) on the closing date of this announcement. We are available to assist you during business hours (normally 8:00 a.m. - 5:00 p.m. ET, Monday - Friday). If applying online poses a hardship, please contact us by noon ET on the announcement's closing date.
The Bureau provides reasonable accommodation to applicants with disabilities on a case-by-case basis. Please contact us if you require this for any part of the application and hiring process.
- To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
- Follow the prompts to select your resumé and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
- After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process.
- You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.
To verify the status of your application:
-Log into your USAJOBS account ( USAJOBS Login). A list of announcements in which you have applied is at the Welcome screen.
-Under "application status," click "Track this application" and you will be taken to the agency website where you can check your application status.
For more information regarding the job and applicant status, please refer to https://www.usajobs.gov/Help/how-to/application/status/
If you wish to make changes/updates to your application and the vacancy is still open, you can click on the job announcement and "Update Application" to be taken back to your application. No updates can be made once the announcement has closed.
Please notify us if your contact information changes after the closing date of the announcement. Also, note that if you provide an email address that is inaccurate or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive important communication that could affect your consideration for this position.
For additional information on how to apply, please visit the Partnership for Public Service's Go Government website.
The Fair Chance to Compete for Jobs Act prohibits the Department of Treasury and its bureaus from requesting an applicant's criminal history record before that individual receives a conditional offer of employment. In accordance with 5 U.S. Code § 9202(c) and 5 C.F.R § 920.201 certain positions are exempt from the provisions of the Fair Chance to Compete Act. Applicants who believe they have been subjected to a violation of the Fair Chance to Compete for Jobs Act, may submit a written complaint to the Department of Treasury by email at, FairChanceAct@treasury.gov.
To learn more, please visit our page at: Treasury.gov/fairchanceact.
To preview the assessment questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/12417362
Next steps
Once the online questionnaire is received, you will receive an acknowledgement email that your submission was successful. We will review your resumé and transcript(s) (if appropriate) to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided and may interview the best-qualified applicants. After making a tentative job offer, we will conduct any required suitability and/or security background investigation.
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