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Candidates selected for the Financial Institution Specialist (FIS) position will be assigned to an FDIC Field Office in the Division of Risk Management Supervision (RMS) and participate in formal classroom training, self-study, and work assignments located in and outside of the employee's official duty station in the area of bank examination.
Successful applicants will start with the FDIC beginning March 2021 or after.
12/02/2020 to 12/03/2020
$53,355 - $73,430 per year
CG 07
No
75% or less - Very frequent overnight travel, up to 3 weeks per month (most locations).
Yes—Relocation benefits may be provided in accordance with FDIC's General Travel Regulations.
Recent Graduates - Excepted Service 1 year appointment - Potential conversion eligibility to the Competitive Service.
Full-Time
Excepted
12
No
No
2020-CEPHQ-B0069
585939400
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Individuals who have graduated from an accredited educational institute or certificate program within the last 2 years or 6 years for Veterans.
All United States Citizens who have graduated within the last two years, or will graduate by June 30, 2021 and have completed a qualifying associates, bachelors, masters, professional, doctorate, vocational or technical degree or certificate from a qualifying educational institution.
Financial Institution Specialists receive on-the-job and formal classroom training designed to provide practical experience in the risk management function of the FDIC.
Financial Institution Specialists participate in the assessment of financial institutions to determine the existence of unsafe and unsound practices; violations of law and regulation; the adequacy of internal controls/procedures; and the general character of management. Financial Institution Specialists also:
Must complete all training benchmarks and obtain a commission in Risk Management in order to be promoted to the CG-11 level. Those who do not complete these requirements within 3 and a half years (42 months) will be separated from employment.
Moderate Risk Position--Minimum Background Investigation (MBI) Required.
Registration with the Selective Service http://www.sss.gov
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.
Applicants may qualify based on education, work experience, or a combination of both, as defined below:
A. Has received within the last two years, or if not already graduated, will receive by June 30, 2021, a bachelor’s degree from an accredited college or university that included the following: (a) completion of a major course of study in accounting, banking, business administration, commercial or banking law, economics, finance, marketing or other related fields; (b) completion of at least 24 semester hours of combined course work in business administration, accounting, finance, marketing, mathematics, statistics, or economics that included at least 6 semester hours in accounting; and (c) fulfillment of one or more of the requirements listed below for Superior Academic Achievement (SAA).
Superior Academic Achievement (SAA):
To qualify for SAA, applicants must have met one of the following:
a. A grade-point average of "B" (a GPA of 2.95 or higher out of a possible 4.0) for all completed undergraduate courses, or those completed in the last two years of undergraduate study.
b. A grade-point average of "B+" (a GPA of 3.45 or higher out of a possible 4.0) for all courses in your major field of study, or those courses in your major completed in the last two years of undergraduate study.
c. Rank in the upper one-third of your class in the college, university or major subdivision.
d. Membership in a national honor society (other than freshman honor societies) recognized by the Association of College Honor Societies. OR
B. Has completed within the last two years, or will complete by June 30, 2021, one academic year of graduate study at an accredited college or university in accounting, banking, business administration, commercial or banking law, economics, finance, marketing or other related fields. In addition, has completed or if not already graduated, will complete by June 30, 2021, at least 24 semester hours of combined undergraduate and graduate course work at accredited colleges or universities in business administration, accounting, finance, marketing, mathematics, statistics, or economics that included at least 6 semester hours in accounting. OR
C. If the candidate did not complete an undergraduate or graduate major in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other related field and/or at least 24 semester hours (or equivalent) of undergraduate and/or graduate course work in accounting, business administration, economics, finance, mathematics, statistics, and marketing that included at least 6 semester hours (or equivalent) of course work in accounting, equivalent qualifying experience may be substituted for the major and some or all of the required course work. To be creditable, experience must be at the next lower grade, i.e. at the CG-5 for the CG-7, and must demonstrate skill in gathering and analyzing financial data; interpreting balance sheets and income statements.
OR
D. Combinations of successfully completed post-high school education and experience may be used to meet total qualification requirements for the CG-07 position, as long as the education and experience demonstrates skill in gathering and analyzing financial data; interpreting balance sheets and income statements.
The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below:
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.
AND
SELECTIVE PLACEMENT FACTOR: In addition to meeting the qualification requirements as described above, this position has the following Selective Placement Factor:
Ability to effectively communicate in writing as evidenced by using proper grammar to compose written documents which are clear, concise, thorough, and free of spelling, grammatical, and punctuation errors.
Automated Writing Assessment: Candidates must demonstrate that they meet the Selective Placement Factor by passing an automated writing assessment. Candidates who self-assess at 85 or above on the vacancy announcement assessment questionnaire will receive notification with a link via e-mail within two weeks from the closing date of the announcement to take the automated writing assessment. Candidates will be allotted twenty-five (25) minutes to complete the assessment after clicking on the “Begin Assessment” button. Candidates will have three days to complete the assessment. The completion deadline will be indicated in the notification e-mail. Candidates must complete and pass the automated writing assessment in order to receive further consideration for this position. Candidates who fail will be deemed not qualified for failure to meet the Selective Placement Factor and will receive no further consideration for this position.
If you PASS the writing assessment, your score is valid for twelve (12) months for the entry-level FIS position within the FDIC only. If you FAIL the writing assessment, your score is valid for (6) months for the entry-level FIS position within the FDIC only. You will not be able to retake the assessment for a period of 6 or 12 months from the date you complete the assessment. You will be notified of your assessment results and your assessment retake eligibility date. Your assessment results will be used for this entry-level FIS placement opportunity and reused for future entry-level FIS job opportunities for 6 or 12 months should you elect to apply for those opportunities. Disclaimer:This does not restrict your ability to apply to other FDIC entry-level FIS job opportunity announcements within this 6 to 12 month window; however, if you previously failed the assessment you will be found ineligible.
For this job opportunity announcement: If you previously completed the automated writing assessment see "Other Information".
Tablet/phone mobile devices do not support all features for the assessment; therefore, it is recommended that you use a desktop/laptop to complete the assessment. If you have questions about the computer requirements please contact PFhelpdesk@PDRI.com. If you wish to request a reasonable accommodation for the automated writing assessment, you must email us at cephrb@fdic.gov by the closing date of this announcement. If your reasonable accommodation request is submitted after the closing date of the announcement, it will be considered on a case-by-case basis as there may not be adequate time to process your request.
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 here to apply to the Recent Graduates vacancy announcement.
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/585939400. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
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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.
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