FINANCIAL ANALYST, CG-1160-11/12/13

Washington, District of Columbia


Employer: Federal Deposit Insurance Corporation
Industry: Financial Analysis
Salary: Competitive
Job type: Full-Time

Summary

This position is located in the Division of Insurance and Research, Data Collection & Analysis Section of the Federal Deposit Insurance Corporation and provides support in the areas of ensuring that regulatory data is reported accurately and meets various stakeholder needs.

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

This job is open to

  • Internal to an agency

    Current federal employees of this agency.


Clarification from the agency

This position is open to current FDIC permanent employees with competitive status eligibility.

Duties

  • Reviews, analyzes, and validates financial information submitted by insured state nonmember banks, national banks, and trust companies. Such information is contained in electronically filed Reports of Condition, Reports of Income, Summary of Deposits, structural data submissions, and other data collections.
  • Analyzes tax-related data included in Call Report and verifies that income tax calculations are consistent with GAAP and IRS rulings.
  • Reviews complex financial transactions for conformance with generally accepted accounting principles (GAAP), utilization of proper accounting methods, and appropriate presentation in the Call Report.
  • Advises appropriate Division staff of any unusual situations, problems in resolving complex financial reporting and accounting issues involving banks in his/her caseload.
  • Performs ratio and trend analysis; evaluates disclosure statements for information regarding changes in accounting methods, business combinations and/or other relevant facts.
  • Conducts discussions with a wide range of bank officials, accounting professionals, and regulatory personnel both domestic and international to confirm the accuracy of reported financial data.
  • Provides advice on accounting, capital markets and/or trust matters related to the Call Report to financial analysts, senior bank officials, accounting professionals, other FDIC personnel and other regulatory agencies.
  • Implements formal plans and programs designed to correct mathematical errors, deficiencies and inconsistencies in the Call Report data; and obtains formal commitments from bank officials to revise the Call Report as appropriate.


Requirements

Conditions of Employment

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.

CG-11: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG-09 grade level or above in the Federal service. Specialized experience is defined as experience working in at least one of these areas: (1) bank reporting requirements, (2) the bank examination process, (3) capital and money markets, (4) assessing economic conditions impacting financial institutions; or (5) analyzing the banking industry to identify economic developments that could affect insured institutions.

OR you may substitute education as follows:

EDUCATION: A Ph.D. or equivalent doctoral degree or 3 full years of progressively higher level graduate education with a major study in finance, business administration , economics, accounting, insurance, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position.

OR COMBINATION of graduate level education as described above beyond the 2nd full year of graduate education, and specialized experience as described above, that together meet the qualification requirements for this position.

CG-12: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG-11 grade level or above in the Federal service. Specialized experience is defined as experience working in at least one of these areas: (1) resolving accounting and capital market issues, (2) identifying economic developments affecting insured institutions, or (3) compiling and supplying information for studies and/or policy decisions related to financial institutions.

CG-13: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG-12 grade level or above in the Federal service. Specialized experience is defined as experience performing mathematical and statistical calculations, resolving accounting, and capital market discrepancies; making recommendations for corrective action; compiling and providing information for examinations or studies related to financial institutions.

Applicants must have met the qualification requirements (including selective placement factors - if any) for this position within 30 calendar days of the closing date of this announcement.

Education

See requirements stated under QUALIFICATIONS.

Additional information

If selected, you may be required to serve a probationary or trial period as applicable to appointment type.

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

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.

Top ranked candidates will be referred to the selecting official for further review and consideration.

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

  1. Knowledge of financial institutions, including commercial banks, savings banks, trust companies and holding companies including their regulatory structure.
  2. Skill in resolving accounting, capital markets or trust issues.
  3. Ability to review and analyze bank or thrift financial statement analysis including the requirements and contents of bank financial statements as prescribed by Generally Accepted Accounting Principles (GAAP).
  4. Knowledge of the tools and techniques of financial analysis and accounting methods.
  5. Ability to communicate orally with personnel at all levels of financial institutions and affiliated companies, internal employees, and other regulatory agencies.


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.

  • 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.
  • Required Documents

    As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.

    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:

    FDIC EMPLOYEES: If you want to be considered non-competitively include a copy of your SF-50. The SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying.


    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

    571-629-0740

    TDD
    1-800-925-4618
    Fax
    000-000-0000
    Email

    dcarroll@fdic.gov

    Address

    Federal Deposit Insurance Corporation

    FDIC Human Resources Branch

    3501 Fairfax Drive

    HRB (PA-1730-5007)

    Arlington, Virginia 22226

    United States

    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.
  • Fair and Transparent

    The Federal hiring process is set up to be fair and transparent. Please read the following guidance.

    • Criminal history inquiries
    • Equal Employment Opportunity (EEO) Policy
    • Financial suitability
    • New employee probationary period
    • Privacy Act
    • Reasonable accommodation policy
    • Selective Service
    • Signature and false statements
    • Social security number request


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:

FDIC EMPLOYEES: If you want to be considered non-competitively include a copy of your SF-50. The SF-50 must show the highest grade level or full performance level applicant has attained competitively on a permanent basis, and grade must be equivalent or higher than the grade for which applying.


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

571-629-0740

TDD
1-800-925-4618
Fax
000-000-0000
Email

dcarroll@fdic.gov

Address

Federal Deposit Insurance Corporation

FDIC Human Resources Branch

3501 Fairfax Drive

HRB (PA-1730-5007)

Arlington, Virginia 22226

United States

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.

Fair & Transparent

The Federal hiring process is set up to be fair and transparent. Please read the following guidance.

  • Criminal history inquiries
  • Equal Employment Opportunity (EEO) Policy
  • Financial suitability
  • New employee probationary period
  • Privacy Act
  • Reasonable accommodation policy
  • Selective Service
  • Signature and false statements
  • Social security number request

Created: 2024-09-19
Reference: 809905200
Country: United States
State: District of Columbia
City: Washington
ZIP: 20010