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This position is located at Departmental Offices,Domestic Finance - Office of Financial Research. As a/an Research Principal-Interdisciplinary, you will responsible for planning, leading, and coordinating economic and statistical modeling research projects, applying a wide range of complex statistical models empirical models, mathematical tools and/or computational models to develop sophisticated economic and statistical models and computational methods to support OFR research.
Learn more about this agency11/05/2024 to 03/31/2025
$177,167 - $302,200 per year
OR 70
1 vacancy in the following location:
No
Yes—as determined by the agency policy.
Occasional travel - You may be expected to travel for this position.
No
Permanent
Full-time
Competitive
None
No
No
No
25-DO-79-DH
817600400
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Federal employees who meet the definition of a "surplus" or "displaced" employee.
U.S. citizens or U.S. Nationals; no prior Federal experience is required. This is an open continuous announcement. The open period is 5 months. Applications will be reviewed on the established cut dates: 11/30/2024, 12/31/2024, 1/15/2025, 1/31/2025, 2/28/2025, 3/31/2025.
As a Research Principal-Interdisciplinary, you will:
Key Requirements:
Basic Requirements for Economist, 0110
A. Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR
B. Combination of education and experience: Courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.
Basic Requirements for Mathematician, 1520:
A. Degree: mathematics; or the equivalent of a major that included at least 24 semester hours in mathematics.
OR
B. Combination of education and experience -- courses equivalent to a major in mathematics (including at least 24 semester hours in mathematics), as shown in A above, plus appropriate experience or additional education.
Basic Requirements for Statistician, 1530:
A. Degree: that included 15 semester hours in statistics (or in mathematics and statistics, provided at least 6 semester hours were in statistics), and 9 additional semester hours in one or more of the following: physical or biological sciences, medicine, education, or engineering; or in the social sciences including demography, history, economics, social welfare, geography, international relations, social or cultural anthropology, health sociology, political science, public administration, psychology, etc. Credit toward meeting statistical course requirements should be given for courses in which 50 percent of the course content appears to be statistical methods, e.g., courses that included studies in research methods in psychology or economics such as tests and measurements or business cycles, or courses in methods of processing mass statistical data such as tabulating methods or electronic data processing.
OR
B. Combination of education and experience -- courses as shown in A above, plus appropriate experience or additional education. The experience should have included a full range of professional statistical work such as (a) sampling, (b) collecting, computing, and analyzing statistical data, and (c) applying statistical techniques such as measurement of central tendency, dispersion, skewness, sampling error, simple and multiple correlation, analysis of variance, and tests of significance.
The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the OPM instructions.
The Office of Financial Research (OFR) is recruiting to fill a key position. We offer both flexible work schedules and an opportunity for challenging and interesting work. The OFR is located in the heart of Washington, DC with an office on 14th street, near the White House, a few blocks from the McPherson Square and Metro Center metro stations, and close to shops, museums, and restaurants. The Office of Financial Research (OFR or Office) is a newer organization established by the Dodd-Frank Wall Street Reform and Consumer Protection Act in the Treasury Department to provide data and analysis to the Financial Stability Oversight Council (the Council) and its member agencies, improve the quality and transparency of financial information, conduct and sponsor research related to financial stability, and promote best practices in risk management.
OTHER INFORMATION:
OFR's benefits package includes: - Challenging work, opportunities for advancement, federal and non-federal benefits and competitive salaries- Eleven paid holidays, 13 days of sick leave, and 13 to 26 days of vacation time each year- Health insurance plans, paying a substantial amount (up to 75%) of the health insurance premiums, coverage for pre-existing conditions, and no waiting period.-Retirement program, including employer-matching contributions- Supplemental dental and vision coverage at no cost to the employee, long and short term disability coverage, domestic partner subsidies (where applicable), 24-hour business travel accident insurance, and enhanced life insurance coverage- Performance-based merit pay program designed to reward employees for excellent performance- For more information on OFR's benefits, visit: https://www.financialresearch.gov/compensation-and-benefits/- Learn more about Federal benefits programs at: https://help.usajobs.gov/index.php/Pay_and_Benefi
You will be evaluated for this job based on how well you meet the qualifications above.
This announcement is issued under the "direct-hire" authority. Consistent with 5 U.S.C. 3304(a)(3) and OPM regulations (5 CFR 337 Subpart B) on direct-hire: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.
Your application includes your resumé, responses to the online questions, and required supporting documents. Please be sure that your resumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resumé may result in a "not qualified" determination.
Rating: Your application will be evaluated in the following areas: Analytical, Communication, Research and Analysis, and Technical
Referral: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.
If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP)) you must have a score of 85 or better to be rated as "well qualified" to receive special selection priority.
A complete application includes:
1. A resume: All applicants are required to submit a resumé, either by creating one in USAJOBS, or uploading one of their own choosing. (Cover letters are optional.)
DO has partnered with the Treasury's Bureau of the Fiscal Service to provide certain personnel services to its organization. Fiscal Service's responsibilities include advertising vacancies, accepting and handling applications, and extending job offers.
The following instructions outline our application process. You must complete this application process and submit any required documents by 11:59 p.m. Eastern Time (ET) on the closing date of this announcement. We are available to assist you during business hours (normally 8:00 a.m. - 5:00 p.m. ET, Monday - Friday). If applying online poses a hardship, please contact us by noon ET on the announcement's closing date.
Are you unsure how to write your federal resume? We are here to help. The Treasury Recruitment Service regularly offers Writing Your Federal Resume training sessions, and other career-related information sessions, to assist you in your career search journey. To register for a session, click here to go to our Career Information Sessions webpage.
The Bureau provides reasonable accommodation to applicants with disabilities on a case-by-case basis. Please contact us if you require this for any part of the application and hiring process.
Once the online questionnaire is received, you will receive an acknowledgement email that your submission was successful. We will review your resumé and transcript(s) (if appropriate) to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided and may interview the best-qualified applicants. After making a tentative job offer, we will conduct any required suitability and/or security background investigation.
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/817600400. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
The U.S. Department of the Treasury has a distinguished history dating back to the founding of our nation. As the steward of U.S. economic and financial systems, Treasury is a major and influential leader in today's global economy. We have over 100,000 employees across the country and around the world and we make diversity of thoughts and inclusion a core value. Come Join the Department of the Treasury and Invest in Tomorrow.
