Financial Economist (Market RAD), NB-0110-V.2 (Full Performance Level NB-VI)
Company
Department of the Treasury - Office of the Comptroller of the Currency
Location
Washington, District of Columbia Washington, District of Columbia
Type
Full Time
Job Description
Summary
As Financial Economist, you will provide advice and consultation by performing research, analysis, or modeling to effectively assess bank's model risk management practices; compliance with laws and regulations; identify and quantify emerging risks; or further understand the evolving behaviors and trends of financial institutions, consumer behavior, and financial markets. This position is located in Supervision Risk and Analysis, Economic & Risk Analysis, Market Risk Analysis Division.
Learn more about this agencyRequirements
Conditions of Employment
This position requires that the successful candidate undergo personnel vetting, which includes a background investigation and enrollment upon onboarding into "Continuous Vetting." Enrollment in Continuous Vetting will result in automated record checks being conducted throughout one's employment with Treasury. The successful candidate will also be enrolled into FBI's Rap Back service, which will allow Treasury to receive notification from the FBI of criminal matters (e.g., arrests, charges, convictions) involving enrolled individuals in near real-time.
There are three key documents that contain important information about your rights and obligations. Please read and retain these documents:
- Noncriminal Justice Applicant's Privacy Rights, for those who undergo an FBI fingerprint-based criminal history record check for personnel vetting, which includes Rap Back,
- FD-258 Privacy Act Statement - FBI (this is the same statement used when your fingerprints are submitted as part of your background investigation), and
- SEAD-3-Reporting-U.pdf (dni.gov), (applicable to those who hold a sensitive position or have eligibility for access to classified information).
- Complete a one-year probationary period (unless already completed).
- Complete a background investigation (unless already completed).
- Complete a Declaration for Federal Employment to determine your suitability for Federal employment.
- Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
- 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.
- Travel occasionally to attend conferences and/or training.
- Obtain and use a Government-issued charge card for business-related travel.
- File an OCC Financial Disclosure Form.
- Click here for important information about OCC ethics standards, such as the requirement that new hires divest their bank securities.
- Successfully complete a background investigation that includes criminal history, financial history (including a credit check) and other information.
Qualifications
You must meet the following requirements by the closing date of this announcement:
BASIC REQUIREMENTS:
Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
A combination of education and experience: courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education. Examples of qualifying experience include: a) individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation; b) supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or c) teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.
In addition to meeting the BASIC REQUIREMENTS above, you must meet and/or possess at least one of the following:
- Conducting research involving the application of economic, financial, or quantitative theories, principles or methods. (e.g. dissertation, Job Markert Paper, Working Papers, Work-in-progress, or publications).
The experience may have been gained in the public sector, private sector, or through volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis.
To receive any credit for your work experience, please indicate dates of employment by month/year, and indicate the number of hours worked per week, on your resume.
Education
Please see Qualifications section for education.
Additional information
- This position is included in the bargaining unit.
- This position is a Step 2 level position within the NB-V pay band. Step 2 level positions are distinguished by additional job complexity, responsibility, and advanced skill levels required by the work.
- Salary range includes 25.04% geographical pay.
- If you are a current OCC employee who previously received a waiver determination permitting you to retain bank securities due to extenuating circumstances, please note that this determination may be rescinded if the nature of your duties changes. We strongly suggest that you discuss the potential implications of any change in duties on a prior securities determination with your ethics official.
- We may select from this announcement or any other source to fill one or more positions.
- Click all links in this vacancy announcement to view additional information and instructions.
- The candidate selected for this position may be credited with directly-related non-Federal experience for annual leave purposes if eligible and considered appropriate.
- Please refer to "Conditions of Employment."
- Click "Print" to review the entire announcement before applying.
Date Posted
11/10/2024
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