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Job opening: Financial Institution Specialist (Compliance), CG-570-07

Salary: $67 756 - 88 015 per year
Relocation: YES
Published at: Apr 02 2024
Employment Type: Full-time
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. Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Duties

Financial Institution Specialists receive on-the-job and formal classroom training designed to provide practical experience in the compliance function of the FDIC. 

Requirements

  • U.S. Citizenship.
  • Examiners are subject to credit limitations - see "How to Apply."
  • Travel varies by location.
  • Subject to relocation to any duty location to meet management needs.
  • MUST be available for a hiring event on June 5, 2024.
  • Pass automated writing assessment - see Qualifications/Evaluations Sections
  • Registration with the Selective Service http://www.sss.gov.

Qualifications

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. Additional qualifications information can be found here. Applicants may qualify based on education, work experience, or a combination of both, as defined below: CG-7 Education-Based Qualifications Requirements: (Note: Applicants may substitute quarter or other credit hour equivalents for the semester hour requirements indicated.) To qualify based on education, candidates must meet one of the following two requirements by the closing date of this announcement: 1. Completion of 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 coursework 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 2. Completion of 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, completion of at least 24 semester hours of combined undergraduate and graduate coursework at accredited colleges or universities in business administration, accounting, finance, marketing, mathematics, statistics, or economics that included at least 6 semester hours in accounting.  ORCG-7 Experience-Based Qualification Requirements: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the 05 grade level or above in the Federal service. Specialized experience is defined as skill in gathering and analyzing financial data and interpreting balance sheets and income statements.  OR Combinations of successfully completed education and experience may be used to meet the full qualification requirements for the CG-7, 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: Knowledge of banking theory, banking operations, banking and commercial law, economics, business administration, accounting, and the functions, procedures and practices of financial institutions sufficient to permit independent performance of recurring assignments. Skill in fact-finding, analysis, and problem solving. Ability to communicate orally. Ability to communicate in writing to prepare a variety of reports. Ability to effectively deal with institution representatives, co-workers, and the general public. 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. ANDSELECTIVE 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 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 "How to Apply".  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 [email protected]. If you wish to request a reasonable accommodation for the automated writing assessment, you must email us at [email protected] 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. Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 85 “well qualified” for this position. For more information, Click Here.

Education

See requirements stated under QUALIFICATIONS.

Contacts

  • Address Federal Deposit Insurance Corporation FDIC Human Resources Branch 3501 Fairfax Drive HRB (PA-1730-5007) Arlington, Virginia 22226 United States
  • Name: Taylor Frazer
  • Phone: 571-363-1075
  • Email: [email protected]

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