Senior Financial Analyst, CG-1160-13/14 Job in Washington, DC

Vacancy No. 2024-DIR-DB779 Department Federal Deposit Insurance Corporation
Salary $129,904.00 to $250,360.00 Grade 13 to 14
Perm/Temp Permanent FT/PT Full-time
Open Date 9/20/2024 Close Date 10/3/2024
Job Link Apply Online Who may apply Public
Locations:
Washington, DC


Job Description (Please follow all instructions carefully)

Summary

This position is located in the Division of Insurance and Research, Large Bank Pricing Section, responsible for implementing and monitoring the Corporation’s risk-based deposit insurance assessment program for Large Banks.

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

This job is open to

Clarification from the agency

This position is open to all United States Citizens. Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2024-DIR-B779. 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.

Duties

At the full performance level, major duties include:

  • Serves as a subject matter expert on matters pertaining to deposit insurance pricing and emerging risks within the banking industry.
  • Plans, manages, and analyzes the financial performance and risk profile of Large Banks to determine the appropriateness of their calculated assessment rate and their relative risk rank.
  • Performs analyses of emerging risks and tends in the banking and thrift industries, including lending, investment and funding patterns, and concentrations, for the potential effect on the risk profile of Large Banks.
  • Reviews the effectiveness of insurance and supervisory programs designed to collect information on Large Banks and makes recommendations for improving quantitative risk measurement techniques.
  • Undertakes comprehensive reviews of Large Banks that have been identified as candidates for a potential scorecard adjustment.
  • Initiates and performs horizontal reviews of various Large Bank "peer groups" to identify pricing outliers and pricing anomalies.
  • Performs Call Report audits of Large Banks to identify potential reporting errors that may affect the calculation of assessment rates.
  • Prepares presentations and complex written analyses under tight time constraints.
  • Cultivates strong-inter-divisional relationships.

Requirements

Conditions of Employment

Registration with the Selective Service.

U.S. Citizenship is required.  

Employment Conditions.

Completion of Financial Disclosure may be required.

Minimum Background Investigation (MBI) 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 CG/GS-12 grade level or above in the Federal service.  Specialized experience is defined as examining or analyzing the financial conditions and performance of insured depository institutions; recommending corrections for weakness or deficiencies.
To qualify for CG-14, applicants must have completed at least one year of specialized experience equivalent to at least the CG/GS-13 grade level or above in the Federal service. Specialized experience is defined as examining or analyzing the financial conditions and performance of insured depository institutions; recommending corrections for weakness or deficiencies; serving as a corporate/company liaison or expert.
 
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

Selectee(s) for this position will be required to report to their duty station office two days per week.

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.

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.

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 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.

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.

The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below.

  1. Knowledge of the principles, techniques, and theories of financial analysis.
  2. Knowledge of bank examination techniques and policies.
  3. Knowledge of FDIC databases and the Federal Financial Institutions Examination [FFIEC] Consolidated Reports of Condition and Income (Call Report).
  4. Ability to use software spreadsheets, database management, report writing, graphical presentation applications to compile information for analytical decision making.
  5. Skill in written communication to present findings and make recommendations.
  6. Skill in oral communication.

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. 


You may preview questions for this vacancy.

Required Documents

Failure to provide all of the required documentation as stated in this vacancy announcement, may result in an ineligible determination or may affect your consideration status.  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 (e.g., DD-214, VA Letter, SF-15, etc.) to demonstrate veterans’ preference eligibility.)

INTERAGENCY CAREER 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.

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

Quiana Woodruff
Phone
678-916-2304
TDD
1-800-925-4618
Fax
000-000-0000
Email
QWoodruff@fdic.gov
Address
Federal Deposit Insurance Corporation
FDIC Human Resources Branch
Arlington, Virginia 22226
United States
Learn more about this agency

Next steps

The Fair Chance Act prohibits inquiries concerning an applicant's criminal history information unless the hiring agency has made a conditional (tentative) offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Federal Deposit Insurance Corporation’s Human Resources Staffing Policy and Accountability team at HRPolicyTeam@fdic.gov

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.