This position is located at Departmental Offices,Domestic Finance-Office of Financial Research. As a Supervisory Research Financial Economist, you will be responsible for organizing and conducting financial and economic research and analysis projects to identify and evaluate risks to the U.S. financial system and for providing analysis on other issues relevant to the OFR and the Council.

Duties

As a Supervisory Research Financial Economist, you will: Supervise an assigned team of staff within the Financial Markets or Financial Institutions section performing original research and analysis that focuses on systemic risks in financial markets, financial institutions and/or risk management, and the implications of these on financial stability. Plan, conduct, provide, and ensure the quality of research and data to the Director, the Deputy Director of the Research and Analysis Center, and the assigned Associate Director, and through them, to the public, Council members and other senior Council officials as requested. Provide staff support and supervisory direction to subordinates to produce the OFR's Annual Report, the annual Financial Stability Report, and other OFR publications and papers. May lead the production of specific chapters or sections for OFR reports or publications.

Requirements

Qualifications

Specialized experience for the Band 60, (GS 14): An applicant must have one year of specialized experience at or, equivalent to at least the Band 53 (GS-13) in the Federal service, directly related to the position to be filled and that has equipped the candidate with the particular knowledge, skills, and abilities to successfully perform the duties of the position. Specialized experience for this position includes: A. Experience in a senior or leadership position, directing a program or group conducting short and long-term research and analysis of economic phenomena. Examples areas may include, but not limited to: Financial activity; identifying and evaluating innovations and their impact on financial markets, institutions, and the economy, where innovations could include economic, political, and technological developments and existing or proposed policies; experience assessing threats to financial stability; applying complex statistical techniques to facilitate economic research; preparing reports, memoranda, articles, presentations, or similar materials on complex economic problems and presenting findings to management, policymakers, or research communities, or through publication. AND B. Providing direction, advice, and guidance to a team performing research and analysis that focuses on financial stability for specific sectors and activities in the financial system. Examples of sectors and activities may include, but are not limited to: Asset-backed securities; asset management; commercial banking; credit and equity markets; derivatives and structured products; high-frequency trading; housing finance; insurance; options and futures; and short-term funding. AND C. Preparing analytical research finding reports for management officials, based on projects related to data collection, analysis, and research of specific financial sectors, which outline findings, solutions, or recommendations for improvements.

Education

Education Requirements: 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:
1.individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
2.supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
3.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.

OR 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.

The total course work in either A or B above must have included differential and integral calculus and, in addition, four advanced mathematics courses requiring calculus or equivalent mathematics courses as a prerequisite.

OR

1. 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
2. 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.

Contacts

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