This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/707956700. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Candidates selected for the Financial Institution Specialist (FIS) position will be assigned to an FDIC Field Office in the Division of Depositor and Consumer Protection (DCP) 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.
Please see the Clarification from Agency and Additional Information sections below for more information on telework options.
02/21/2023 to 04/20/2023
$64,809 - $87,261 per year
CG 07
Additional locations are listed below.
No
Yes—as determined by the agency policy.
Occasional travel - Travel varies by location. To see the percentage of travel by location, please see "Other Information."
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
2023-CEPRG--B0009
707956700
All United States Citizens who have graduated within the last two years, or will graduate by December 31, 2023 and have completed a qualifying associates, bachelors, masters, professional, doctorate, vocational or technical degree or certificate from a qualifying educational institution. Veterans have up to six years to apply due to military service obligations. Please see "Additional Information" for available telework options.
Financial Institution Specialists receive on-the-job and formal classroom training designed to provide practical experience in the compliance function of the FDIC.
Financial Institution Specialists participate in the assessment of financial institutions to ensure consumers and depositors are treated fairly and operate in compliance with federal consumer protection, anti-discrimination, and community reinvestment laws; and promoting economic inclusion by helping to build and strengthen positive connections between insured financial institutions and consumers, depositors, small businesses, and communities. Financial Institution Specialists also:
Must complete all training benchmarks and obtain a commission in Division of Depositor and Consumer Protection 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.
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 December 31, 2023, 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 December 31, 2023, 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 December 31, 2023, 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 and 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 and 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 months if you FAIL the assessment or 12 months if you PASS the assessment 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, depending on the outcome of your assessment as previously explained. Disclaimer:This does not restrict your ability to apply to other FDIC entry-level FIS job opportunity announcements within this 6 or 12 month window; however, if you previously failed the assessment you will be found ineligible during your 6-month retake period.
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 FISProgram@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.
The FDIC offers position-specific telework options. This position is eligible for the Home-Based Telework, Expanded Telework and Traditional Telework Options after the first six months of employment. Ad-Hoc requests for telework will be reviewed and approved at the discretion of the supervisor. For more information, please reference the above-mentioned telework options Here.
The range of pay shown includes base pay plus supplemental locality adjustments for the duty locations listed. The locality rates for these duty locations range from a low of 6.68% to a high of 49.15%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.
To see the percentage of travel by location, please click here.
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.
The starting base salary for candidates selected under this announcement is set at $58,000, plus the locality rates for their assigned locations. The CG-7 FIS is considered an entry-level trainee position and the intention is for candidates to receive starting base salaries. In rare circumstances, the FDIC may offer a higher base salary to candidates who supply documented proof that they have earned a higher salary in a related position; however, determinations will be made on a case-by-case basis. Approved pay exceptions generally do not exceed 10% of the basic pay rate. Current FDIC employees will have their pay set in accordance with the FDIC’s internal pay setting policy.
In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees on a full-time work schedule. 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.
You will be evaluated for this job based on how well you meet the qualifications above.
You must demonstrate that you meet the Selective Placement Factor by completing and passing an automated writing assessment in order to receive further consideration for this position. If you self-assess at 85 or above on the vacancy announcement assessment questionnaire, you will receive notification with a link to the automated writing assessment. (Refer to Qualifications Section - Selective Placement Factor).
If you pass the automated writing assessment, your resume will be reviewed, including the vacancy announcement assessment questionnaire, to determine whether you meet the remaining 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, duties performed, and if the position is/was in the Federal government, the position series and grade level. If you rate yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected. This could mean that you pass the automated writing assessment, thereby demonstrating that you meet the Selective Placement Factor, but are later deemed to be "not qualified" for failure to meet the remaining qualification requirements.
If you are found qualified, you will be placed in one of several categories: Best Qualified, Well Qualified, or Minimally Qualified, based upon the degree to which your background and responses to the assessment questions match the qualification requirements of the position. Within these categories, candidates eligible for veterans' preference will receive selection priority over non-veterans.
The highest-ranked candidates for each location may be invited to a virtual hiring event to participate in an interview during June 6-8, 2023. You may select up to 3 locations listed for which you would like to be considered.
FDIC provides reasonable accommodations to candidates with disabilities. If invited to interview and you need a reasonable accommodation, please notify us within three days of receiving the invitation to allow us adequate time to consider the request; however, you can make a reasonable accommodation request at any time once invited. The decision to grant a reasonable accommodations will be on a case-by-case basis.
Applicants who are selected to participate in the hiring event will receive an invitation no earlier than two weeks prior to the event.
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.
The starting base salary for candidates selected under this announcement is set at $58,000, plus the locality rates for their assigned locations. The CG-7 FIS is considered an entry-level trainee position and the intention is for candidates to receive starting base salaries. In rare circumstances, the FDIC may offer a higher base salary to candidates who supply documented proof that they have earned a higher salary in a related position; however, determinations will be made on a case-by-case basis. Approved pay exceptions generally do not exceed 10% of the basic pay rate. Current FDIC employees will have their pay set in accordance with the FDIC’s internal pay setting policy.
In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees on a full-time work schedule. 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.
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.
In order to receive consideration for this position, you must submit the following documents by the closing date of this announcement in addition to answering the questions in the online assessment questionnaire:
EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here. An official transcript will be required if you are selected. If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.
Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. educational program. For more information, click here.
VETERANS' PREFERENCE: If you are claiming veterans' preference, click here. If you are claiming veteran’s preference, you must submit documentation, e.g., DD-214 “Certificate of Release or Discharge from Active Duty,” which shows dates of service and discharge under honorable conditions, VA Letter, or SF-15 along with supporting documentation, or “certification” from the Armed Forces to demonstrate eligibility.
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.
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 p.m. ET 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.
For this job opportunity announcement: If you previously completed the automated writing assessment and your retake eligibility date is on or before the closing date of this announcement, you are eligible to retake the assessment and must do so as your current result (whether Pass or Fail) will not be valid on the closing date of this job opportunity announcement. If your retake eligibility date is after the closing date of this announcement, you are not eligible retake the assessment at this time, and your current result (whether Pass or Fail) will be used for this job opportunity announcement.
Selectees are expected to spend up to three and a half years (42 months) working in the duty location offered until the requirements are met to be commissioned as a bank examiner. Reassignment or transfer to a different duty location is highly unusual and will be made only in exceptional circumstances at the FDIC's complete discretion.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement, as allowed by regulation.
If selected, you will be required to serve a one year trial period.
Subject to Credit Limitations: Financial Institution Specialists must maintain the highest personal ethical standards as provided in Part 336 of the FDIC’s Rules and Regulations (Employee Responsibilities and Conduct). Financial Institution Specialists must comply with Section 3201.102 of Supplemental Standards of Ethical Conduct for FDIC Employees (5 CFR Part 3201), which, in part, prohibits them and their immediate families from accepting certain credit from State nonmember banks. All Financial Institution Specialists are prohibited from the following: 1. Obtaining a loan or a line of credit from any FDIC-insured state nonmember bank or its subsidiaries (either within or outside of the jurisdiction of the employee’s assigned field office) except a loan or line of credit secured by a primary residence issued under the same terms and conditions available to the public from an FDIC-insured state nonmember bank. Any extensions of credit held by the Specialist, the Specialist’s spouse, or any dependent children are extensions of credit to the Specialist. The Specialist must not participate in any examination of that institution which holds the primary residence loan, and a "cooling off" period may be required before negotiating a loan for a primary residence from any institution the Specialist has examined. Financial Institution Specialists may obtain and hold a credit card account established under an open end consumer credit plan and issued by an FDIC-insured State non-member bank or its subsidiaries. 2. Participating in any examination, or other matter, involving an insured depository institution or any person with whom the Specialist has an outstanding loan or line of credit. 3. Performing any service for compensation with any bank, or for any officer, director, or employee thereof, or for any person connected therewith. 4. Disclosing any confidential information from a bank examination report except as authorized by law. 5. Soliciting or accepting any gift from a prohibited source or because of the Specialist’s official position.
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.
You will be notified of the status of your application via e-mail at various points in the process. Please notify us if your contact information changes after the closing date of the announcement. Also, note that if you provide an inaccurate e-mail address or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive the automated assessment link which will affect your consideration for this position.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
In order to receive consideration for this position, you must submit the following documents by the closing date of this announcement in addition to answering the questions in the online assessment questionnaire:
EDUCATION DOCUMENTS: If you are using education to meet all or part of the qualification requirements, submit a copy of your college transcript (an unofficial transcript is acceptable). Education must be from accredited institutions. For a listing of accredited educational institutions, click here. An official transcript will be required if you are selected. If you attended more than one university and need to send multiple transcripts, please upload/fax all transcripts as one document.
Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. educational program. For more information, click here.
VETERANS' PREFERENCE: If you are claiming veterans' preference, click here. If you are claiming veteran’s preference, you must submit documentation, e.g., DD-214 “Certificate of Release or Discharge from Active Duty,” which shows dates of service and discharge under honorable conditions, VA Letter, or SF-15 along with supporting documentation, or “certification” from the Armed Forces to demonstrate eligibility.
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.
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 p.m. ET 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.
For this job opportunity announcement: If you previously completed the automated writing assessment and your retake eligibility date is on or before the closing date of this announcement, you are eligible to retake the assessment and must do so as your current result (whether Pass or Fail) will not be valid on the closing date of this job opportunity announcement. If your retake eligibility date is after the closing date of this announcement, you are not eligible retake the assessment at this time, and your current result (whether Pass or Fail) will be used for this job opportunity announcement.
Selectees are expected to spend up to three and a half years (42 months) working in the duty location offered until the requirements are met to be commissioned as a bank examiner. Reassignment or transfer to a different duty location is highly unusual and will be made only in exceptional circumstances at the FDIC's complete discretion.
To read about your rights and responsibilities as an applicant for Federal employment, click here.
Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement, as allowed by regulation.
If selected, you will be required to serve a one year trial period.
Subject to Credit Limitations: Financial Institution Specialists must maintain the highest personal ethical standards as provided in Part 336 of the FDIC’s Rules and Regulations (Employee Responsibilities and Conduct). Financial Institution Specialists must comply with Section 3201.102 of Supplemental Standards of Ethical Conduct for FDIC Employees (5 CFR Part 3201), which, in part, prohibits them and their immediate families from accepting certain credit from State nonmember banks. All Financial Institution Specialists are prohibited from the following: 1. Obtaining a loan or a line of credit from any FDIC-insured state nonmember bank or its subsidiaries (either within or outside of the jurisdiction of the employee’s assigned field office) except a loan or line of credit secured by a primary residence issued under the same terms and conditions available to the public from an FDIC-insured state nonmember bank. Any extensions of credit held by the Specialist, the Specialist’s spouse, or any dependent children are extensions of credit to the Specialist. The Specialist must not participate in any examination of that institution which holds the primary residence loan, and a "cooling off" period may be required before negotiating a loan for a primary residence from any institution the Specialist has examined. Financial Institution Specialists may obtain and hold a credit card account established under an open end consumer credit plan and issued by an FDIC-insured State non-member bank or its subsidiaries. 2. Participating in any examination, or other matter, involving an insured depository institution or any person with whom the Specialist has an outstanding loan or line of credit. 3. Performing any service for compensation with any bank, or for any officer, director, or employee thereof, or for any person connected therewith. 4. Disclosing any confidential information from a bank examination report except as authorized by law. 5. Soliciting or accepting any gift from a prohibited source or because of the Specialist’s official position.
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.
You will be notified of the status of your application via e-mail at various points in the process. Please notify us if your contact information changes after the closing date of the announcement. Also, note that if you provide an inaccurate e-mail address or if your mailbox is full or blocked (e.g., spam-blocker), you may not receive the automated assessment link which will affect your consideration for this position.
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/707956700. 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 been ranked as one of the best places to work among mid-sized agencies in the Federal Government for the past seven years.