Job opening: Interdisciplinary Economist/Statistician
Salary: $74 076 - 117 783 per year
Published at: May 02 2024
Employment Type: Full-time
The Economist/Statistician plays a role in handling various data-related tasks and projects. They lead in producing, sharing, and promoting precise mortgage and housing statistics. Desired expertise in economics, statistics, housing finance, accounting, and knowledge of credit, financial and regulatory reporting. Proficiency in research, analysis, assessment, programming, and data analytics with formal training in economics, statistics, or a related quantitative field.
Duties
Division of Research & Statistics (DRS)
DRS carries out its work through four main organizational areas - the Office of Research and Analysis (ORA), the Office of Data and Statistics (ODS), the Office of the Chief Data Officer (OCDO), and the Climate Change and ESG (Environmental, Social, and Governance) Branch. ORA is responsible for producing and disseminating high quality research and analysis related to housing market and housing finance. ODS is responsible for primary collection, development, production, management, validation, documentation, and dissemination of data and statistics over several key FHFA datasets. OCDO supports FHFA in managing and leveraging data as a strategic asset by improving data governance, lifecycle data management, analytics capabilities, and public data dissemination for DRS and throughout the Agency. The Climate Change and ESG Branch provides the coordination needed to achieve the Agency's Climate Change and ESG strategic objectives and leads the Agency's research on climate change.
Major Duties & Responsibilities
The Interdisciplinary Economist/Statistician duties listed below are at the EL-11 level. The incumbent will perform the following duties with varying levels of supervision and difficulty:
Performs various aspects of the lifecycle of data: design, development, collection, storage, production, validation, management, maintenance, documentation, dissemination, usage, and user support.
Conducts primary data collection of administrative and survey data, including mortgage, borrower, and property data.
Conducts validation and quality assessment of data to produce and disseminate accurate and reliable data and statistics.
Conducts survey design, questionnaire design, sampling, survey weights, data imputation, non-response analysis, and bias analysis.
Conducts research, analysis, assessment, modeling, and programming to improve production and dissemination of housing and mortgage data and statistics.
Writes and disseminates technical documentation, technical reports, statistical blogs, analytical insights, and research papers, including internal and external presentations.
Develops, creates, and produces statistical products, including dashboards and other similar tools.
Provides support of internal and external users of the data and statistics produced and disseminated by the office.
Communicates with users of data and statistics to improve and further development data and statistics.
Monitors developments in data and quantitative methods and industry best practices in economics, statistics, housing finance, and credit, financial, and regulatory reporting to improve and further develop data production and dissemination.
Provides technical information and briefings to peers and senior staff in the agency, regulated entities, industry groups, and the public.
Performs other duties as assigned.
Requirements
- Must be a U.S. Citizen or National
- Males born after 12-31-59 must be registered for Selective Service
- Suitable for Federal employment, as determined by background investigation
- May be required to successfully complete a probationary period
- Only experience and education obtained by the closing date of this announcement will be considered.
- Resume and supporting documents (See How To Apply)
- If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office.
- This position may be required to complete a financial disclosure report.
- FHFA participates in e-Verify. All new hires must complete the I-9 Employment Verification form either on or before their first day of employment. If a discrepancy arises, you must take affirmative steps to resolve the matter.
- This position is eligible for inclusion in the bargaining unit. The union that represents employees in this position is the National Treasury Employees Union (NTEU) Local 343.
- This is NOT a remote position; you MUST live within or be willing to relocate within a commutable distance of the Washington, DC duty location.
Qualifications
You may qualify for your desired series and grade level if you meet the following qualification requirements:
BASIC REQUIREMENTS:
Basic Entry Requirements for an Economist (0110 series):
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:
individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
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.
Note: 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:
economic statistics;
industrial surveys;
management of individual business enterprises, including farms;
industrial planning;
writing or editorial work in economic subjects; and
financial market analysis.
Basic Entry Requirements for a Statistician (1530 series):
A. 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.-OR-
B. 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.
In addition to meeting the above basic education or education and experience requirements, applicants must also meet the following minimum qualifications for their desired grade level:
MINIMUM QUALIFICATIONS:
Minimum Qualification EL-09: Applicants must have 52 weeks (one-year) of specialized experience equivalent to the next lower grade level and/or directly related education as described below. From the description below, if you choose options "B" or "C" you must provide transcripts with your application.
A. Experience: I qualify for the EL/GS-09 because I have at least 52 weeks of specialized experience at the EL/GS-07 or equivalent demonstrating work experience with one or more of the following: (1) demonstrated work experiences with financial institutions associated issues and industry practices related to the data analysis; and/or (2) demonstrated work experiences in researching, analyzing, and summarizing data and information; and/or (3) demonstrated work experiences with federal laws applicable to the type of financial institution involved; and/or (4) experience effectively dealing with institution representatives, co-workers, and the general public; and/or (5) experience with data visualization. -OR-
B. Education: Completion of two (2) academic years of graduate-level education, or a master's degree or equivalent graduate degree from an accredited college of university directly related to the work of the position (i.e., accounting, banking, business administration, commercial or banking law, data science, economics, econometrics, finance, marketing, public policy, or statistics). -OR-
C. Combination of education and experience as described above in options "A" and "B". Note: Less than one year of specialized experience may be combined with graduate education more than the amount required for the next lower grade level. One academic year of graduate education is the number of credits hours determined to represent one academic year of full-time study (i.e., 18 semester hours (or 27 quarter hours).
Selective Placement Factor: This section will be used to determine if you have the experience required by the selective placement factor.
I have experience performing primary data collection; producing and managing databases, including data storage, maintenance, and documentation; and writing code in a statistical program language such as SAS or SQL to conduct economic research/analysis or conduct statistical analysis/build statistical models.
**Failure to provide your transcripts, when required, for any of the options above will remove you from the hiring process.**
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.
Education
ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.
GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.
FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show 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. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
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