This position is located at Departmental Offices,Domestic Finance-Financial Markets. As a/an Financial Economist, you will perform sophisticated economic research and analysis on existing lending policies within the Office of Federal Lending that affect the FFB's statutory mission to offer low-cost borrowings to guarantor agencies and participants that utilize government financing as an alternative to the private market.

Duties

The following are the duties of this position at the GS-13. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties and will receive training to help you grow in this position. Conduct studies and policy analyses focused upon the Office of Federal Lending's lending policy development and borrower monitoring. Analyze and validate complex pricing methodologies. Serve as a technical authority and advisor to management and other technical specialists. Determine the accuracy and effectiveness of the loan documents in presenting and implementing the statutory and policy requirements of lending and credit programs to ensure economic outcomes are met. Interpret and submit policy recommendations and briefings to explain and clarify the macroeconomic and microeconomic implications that surround policy regarding loan programs financed by the Federal Financing Bank.

Requirements

Qualifications

You must meet the following requirements by the closing date of this announcement. SPECIALIZED EXPERIENCE: For the GS-12, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Specialized Experience for this position includes: Applying economic and fiscal analysis to assist with processing large structured financial transactions or commercial loans with borrowers, including processing disbursements, repayments, pricing calculations and prepayments; AND Assisting with pricing calculations and credit analysis to support processing large structure finance transactions or commercial loans; AND Performing loan pricing functions and contractual analysis of structured lending documents, such as analyzing loans and loan commitments for conformance to the terms of the financing commitment agreements. SPECIALIZED EXPERIENCE: For the GS-11, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-9 grade level in the Federal service. Specialized Experience for this position includes: Analyzing financial statements and preparing reconciliations; AND Using financial models to analyze financial transactions; AND Performing financial research and drafting presentations based on original research; OR 3 years of progressively higher level graduate education leading to a Ph.D. degree or Ph.D. or equivalent doctoral degree; OR A Combination of education and experience. To combine education and experience, the total percentage of experience at the required grade level compared to the requirement, as well as the percentage of completed education compared to the requirement must equal at least 100 percent. Only graduate level education in excess of the first 36 semester hours (54 quarter hours) may be combined to be considered for qualifying education.

Education

Applicants for this position must meet the following BASIC EDUCATION REQUIREMENT:

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.

Examples of qualifying experience include:
(a) individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
(b) supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
(c) teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.

Experience in related fields that did not involve the use and understanding of economic principles and theories may not be used as qualifying experience for these positions. Special attention on this point should be given to certain types of work that may or may not have provided professional economic experience. The following examples of work require special care in such determinations:

1. Economic statistics;
2. Industrial surveys;
3. Management of individual business enterprises, including farms;
4. Industrial planning;
5. Writing or editorial work in economic subjects; and
6. Financial market analysis.


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.

Contacts

• Address Domestic Finance-Financial Markets Administrative Resource Center Parkersburg, WV 26101 US
• Name: Applicant Call Center
• Phone: 304-480-7300
• Email: [email protected]