Student Trainee (Economist), CG-0199-04 FPL 5 (NTE 1 Year)

Federal Deposit Insurance Corporation

Summary

The Division of Insurance and Research (DIR) provides the public with a sound deposit insurance system by: providing comprehensive statistical information on banking; identifying and analyzing emerging risks; conducting research that supports sound deposit insurance, banking policy, improved risk assessment, and consumer protection; and assessing the adequacy of the deposit insurance fund and implementing an effective and fair risk-based premium system.

Internship will begin Fall 2026.

This job is open to

The public

U.S. Citizens, Nationals or those who owe allegiance to the U.S.

Students

Current students enrolled in an accredited high school, college or graduate institution.

Clarification from the agency

Applicants who have been accepted for enrollment or enrolled and seeking a degree (diploma, certificate, etc.) in a qualifying educational institution; or applicants who are enrolled or accepted for enrollment in a qualifying career or technical education program that awards a recognized postsecondary credential. Applicants must be enrolled on a full or half-time basis; have at least a cumulative (overall) 2.5 grade point average; and remain in good academic standing. Must be a US Citizen.

Duties

At the full performance level of the position, the duties are as follows:

Performs research and compiles financial and economic information.
Uses various computer software (e.g., spreadsheet, database, presentation, mapping, design, and economic) to extract data and generate reports.
Prepares draft summaries of financial and economic research data on existing and emerging issues.
Presents draft research findings orally and in writing to staff.
Maintains and updates various office files to include work papers, data files, and records.

Requirements

Conditions of employment

Registration with the Selective Service.

U.S. Citizenship is required.

Employment Conditions.

National Agency Check Investigation (NACI) required.

Must sign pathways agreement if selected.

Must provide official transcripts if selected.

Must have a graduation date of May 2027 or later.

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.

(CG-04) Applicants must have completed:
- two (2) full academic years of post-high school study or obtained an associate's degree; OR
- one (1) year of general experience in clerical, office, or other work responsibilities, demonstrating the ability to acquire the particular knowledge and skills needed to perform the duties of the position to be filled; OR
- a combination of education and experience: equivalent combinations of successfully completed post-high school education and experience may be used to meet total experience requirements.

Combination of Education and Experience - Your current education completed is credited as a percentage of the education required for the grade level and your current experience is credited as a percentage of the total experience required for the grade level. The two percentages are added and must equal 100% in order to qualify for the desired grade level.

Note: An academic year of undergraduate education is defined as 30 semester hours, 45 quarter hours, or the equivalent in an accredited college or university. One full academic year of study (30 semester hours) beyond the second year is equivalent to 6 months of specialized experience.

Education

A participant must be accepted for enrollment or are enrolled and seeking a degree (diploma, certificate, etc.) in a qualifying educational institution or accepted for enrollment or enrolled in a qualifying career or technical education program that awards a recognized postsecondary credential (such as a Registered Apprenticeship Program, Jobs Corps, AmeriCorps, and Peace Corps) on a full or half-time basis; have at least a cumulative (overall) 2.5 grade point average; and remain in good academic standing.

Additional information

FDIC employees work full-time in the office in collaboration with other staff at the location for which they are hired.

The duty location is determined upon selection.

All selectees must sign an FDIC Pathways Internship Participant Agreement.

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

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

Interns will be offered a salary at the base pay for the grade in which they are qualified and selected.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 18.97% to a high of 51.75%. 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. The total salary for each location including base pay and locality is as follows: Atlanta, GA $42,352 | San Francisco, CA $51,918 | New York, NY $47,922 | Washington, DC $45,825 | Kansas City, MO $40,703

This appointment may be extended if interns continue to meet all educational and pathways requirements.

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

Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

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.

Interns may be eligible for certain Federal employee benefits. To find out more, https://www.fdic.gov/about/careers/student-opportunities/index.html.

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.

Once the application process is complete, your two page resume and supporting documentation will be used to determine whether you meet the job qualifications.

Structured Resume Review: Occupational Experts (OEs) will review your resume to determine your technical qualifications for this position based on the required competencies. OEs will review ONLY your two (2) page resume. OEs will not review additional information beyond your resume (e.g., cover letter, links embedded in your resume).

If you are found qualified, your application will move forward to additional phase(s) of the review process.

You will be assessed on the following competencies:

Critical Thinking

Researching

Business Technology

Written Communication

Oral/Non-Written Communication

Economics

You may preview questions for this vacancy.

Required Documents

RESUME:

A resume (must be submitted by the closing date of this announcement).

Note: Your resume should include your graduation date or anticipated graduation date.

EDUCATION DOCUMENTS: A copy of all college transcripts (an unofficial transcript is acceptable) showing:

Classes you are currently enrolled (by the closing date of this announcement)
Overall cumulative GPA (by the closing date of this announcement)

Note: Your resume should include your graduation date or anticipated graduation date.

If you are not a student enrolled in the current semester, you must submit proof of enrollment in the upcoming semester (i.e., letter from the registrar’s office or acceptance letter from an accredited educational institution). If you are a student who is enrolled in the current semester and your transcript does not show current enrollment or if you have completed the semester and your transcript does not show enrollment for the upcoming semester, you must submit proof of continued enrollment (i.e., letter from the registrar’s office or course enrollment print out, etc.). Your transcript or registrar’s letter must document the educational requirements for this position.

Education must be from an accredited educational institution. For a listing of accredited educational institutions, http://ope.ed.gov/accreditation/. 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.

Upon selection, you will be required to provide a copy of your official transcripts.

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.

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 have not 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 contact point 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 the “Applications” tab Click on the “Position Title” and then select “Update Application” or Additional 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.

To claim veteran's preference, veterans must submit a copy of the DD214 and/or other applicable veteran's documents.

Agency contact information

Sarah Chow

Phone: 227-200-3246
TDD: 800-925-4618
Fax: 000-000-0000
Email: sachow@fdic.gov

Address: Federal Deposit Insurance Corporation
FDIC Human Resources Branch
3501 Fairfax Drive
Arlington, Virginia 22226
United States

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.

The Fair Chance Actprohibits 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 FairChanceAct@fdic.gov

For more information go to FDIC Fair Chance to Compete for Jobs Act.

Additional locations

New York, NY

1 vacancy

Student Trainee (Economist), CG-0199-04 FPL 5 (NTE 1 Year) Job