Job opening: Senior Financial Economist (Research), NB-0110-VI
Salary: $133 428 - 247 936 per year
Published at: Mar 08 2024
Employment Type: Full-time
As Senior Financial Economist, you will provide advice and consultation by performing research, analysis, or modeling to: effectively assess banks' compliance with laws, regulations and model risk management practices; identify/quantify emerging risks; or further understand the evolving behaviors/trends of financial institutions, consumer behavior, and financial markets.
The position is located with the Supervision Risk and Analysis, Economic & Risk Analysis-Compliance Risk Analysis Division.
Duties
Economists in the Compliance Risk Analysis Division (CRAD) will conduct quantitative analysis and research to support bank supervision and to advise OCC senior management on policy and regulation related to topics including consumer protection, fair lending, financial technology and financial inclusion, credit access and community reinvestment, and bank secrecy/anti-money laundering. As a Senior Financial Economist, you will:
Qualifications
BASIC REQUIREMENTS:
- Degree (Undergraduate and/or Graduate) in Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
- A 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.
AND
In addition to meeting the BASIC REQUIREMENTS above, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the NB-V band level or GS-13 grade level in the Federal service. Specialized experience is experience that equipped the applicant with the particular knowledge, skills, and abilities to perform successfully the duties of the position and is typically in or related to the work of the position to be filled. Specialized experience for this position is:
Applying economic or quantitative theories, principles or methods to effectively assess a bank's compliance risk in terms of fair lending risk under various compliance regulations including Fair Housing Act and anti-money laundering risk under the Bank Secrecy Act;
AND
Conducting research involving the application of economic, financial, or quantitative theories, principles or methods (e.g. dissertation, Working Papers, or publications).
NOTE: Examples of research may include: Independently planning and conducting financial or economic research projects; experience applying analytical and research techniques (e.g., econometrics, mathematical economics, operations research, benefit-cost analyses, and cost-effectiveness analyses); developing mathematical or statistical models to assess the impact of financial developments on the economy.
This experience may have been gained in the public sector, private sector, or through volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis.
To receive any credit for your work experience, please indicate dates of employment by month/year, and indicate the number of hours worked per week, on your resume.
Education
Please see Qualifications section for education.
Contacts
- Address Supervision Risk and Analysis/Economic and Risk Analysis
400 7th Street SW
Washington, DC 20219
US
- Name: Dekieta Bethea
- Phone: 202-679-1591
- Email: [email protected]
Map