This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/581991300. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
The Financial Institution Internship is a paid internship that may lead to a post-graduation employment offer with the Federal Deposit Insurance Corporation, Division of Risk Management Supervision. This post-graduation 3-4-year training program is designed to lead to a professional certification as a commissioned financial institution examiner.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
Learn more about this agency12/14/2020 to 12/18/2020
$41,654 - $56,506 per year
CG 04
No
75% or less - May require extensive overnight travel. Required to work at remote and multiple work sites.
No
Internships - Internships - The applicants selected will be offered a position in the FDIC Internship Program. The starting date of employment is expected to be May 2021.
Full-time - Interns are expected to work full-time during the summer months.
Excepted
04
No
No
2020-ATLP-0055
581991300
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Current students enrolled in accredited educational institutions from high school to graduate level. Includes internships, pathways and other student programs.
This announcement is open to all U. S. citizens who are enrolled at least half-time as students in an accredited 4-year college or university who have completed at least the sophomore year in college when they enter the program; a planned graduation date of December 2021 or later and are majoring in a certain specified field, (see Education Requirements); and are in good academic standing.
Most interns will work directly on teams with experienced FDIC employees to evaluate bank operations, business planning, risk management strategies. These teams are responsible for assessing financial institutions to determine whether they are following safe and sound banking practices, maintaining effective controls and procedures, managing their institutions effectively, and complying with all applicable laws and regulations.
Under the direction and supervision of an Examiner or Assistant examiner of higher grade, the incumbent will participate in and/or independently perform the following:
Conducts reviews and assessments of the following:
Assists in evaluating the adequacy of the insured depository institution procedures and internal routine controls.
Assists in the preparation of information requisite to a thorough analysis of the earnings of an institution.
Prepares drafts of schedules, exhibits, and comments for inclusion in the completed report of examination.
Participates in other phases of an examination as assigned.
Performs functions related to the insured depository institution examination work to include:
The applicants selected will be offered a position in the FDIC Pathways Internship Program. The starting date of employment is expected to be approximately May 2021. After successful completion of the program requirements and based on the FDIC’s needs, the selectees may be non-competitively converted to the Financial Institution Specialist (Risk) position in the competitive service with promotion potential to the CG-12 grade level.
To be eligible for conversion to the Financial Institution Specialist (FIS) position, interns must complete 640 hours of work experience (up to 320 hours may be waived based on successful performance in the position and a 3.5 overall GPA or membership in a national honor society); meet the OPM qualification standards for the FIS position, which includes six (6) semester hours in accounting coursework; meet the requirements of the FDIC Pathways Internship Program Participant Agreement; and successfully complete various skills assessments.
Interns being considered for conversion will complete and must pass an automated writing assessment to be eligible for a post-internship employment offer. Interns who pass the writing assessment will participate in an additional skills assessment. Interns entering the program will be non-competitively converted to a term appointment as a FIS. Upon successful completion of the program, FIS's may be non-competitively converted to a permanent appointment. Service in the FDIC Pathways Internship program confers no right to further employment in the competitive or excepted service.
Registration with the Selective Service.
U.S. Citizenship is required.
Must successfully pass a background investigation.
If selected, you may be required to serve a trial period.
All selectees must sign an FDIC Pathways Internship Participant Agreement.
For CG-4: completed 2 full academic years of post-high school study or associate's degree.
To be eligible applicants must:
See requirements stated under QUALIFICATIONS.
You will be evaluated for this job based on how well you meet the qualifications above.
See vacancy announcement.
See vacancy announcement.
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.
Click the following link for more information on the FDIC Pathways Student Internship Program and to access the vacancy announcement for instructions on how to apply: https://www.fdic.gov/about/jobs/fiinternprogram.html.
See vacancy announcement.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/581991300. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
The Federal Deposit Insurance Corporation (FDIC) is one of the most respected forces in America’s financial community.Our mission is to maintain stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.
The FDIC has ranked as one of the best places to work among mid-sized agencies in the Federal Government for the past seven years.