Supervisory Research Financial Economist

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.

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Requirements

Conditions of Employment

The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resumé.

Key Requirements:

• Please refer to "Conditions of Employment."

• Click "Print Preview" to review the entire announcement before applying.

• Must be U.S. Citizen or U.S. National.

• Public Trust background investigation will be required.

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:

Basic Requirements for Economist, 0110

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

Basic Requirements for Mathematician, 1520

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

Basic Requirements for Statistician, 1530

• 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
• 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.

Additional information

OTHER INFORMATION:

• We may select from this announcement or any other source to fill one or more vacancies.

• This is a non-bargaining unit position.

• A recruitment incentive may be offered.

• Student loan repayment may be offered.

• We offer opportunities for telework.

• We offer opportunities for flexible work schedules.

CONDITIONS OF EMPLOYMENT:

• A one year probationary period may be required.

• A one year supervisory or managerial probationary period may be required.

• Must successfully complete a background investigation.

• Public Trust

• Background Investigation will be required.

• Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.

• Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.

• If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.

• Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.

• Obtain and use a Government-issued charge card for business-related travel.

• File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on, if required.

• Undergo an income tax verification, if required.

• This position requires that the successful candidate undergo personnel vetting, which includes a background investigation and enrollment upon onboarding into "Continuous Vetting." Enrollment in Continuous Vetting will result in automated record checks being conducted throughout one's employment with Treasury. The successful candidate will also be enrolled into FBI's Rap Back service, which will allow Treasury to receive notification from the FBI of criminal matters (e.g., arrests, charges, convictions) involving enrolled individuals in near real-time. For more information about individual rights, Noncriminal Justice Applicant's Privacy Rights

• FBI, FD-258 Privacy Act Statement

• FBI, and SEAD-3-Reporting-U.pdf (dni.gov).

Our comprehensive benefits are very generous. Our benefits package includes:

• Challenging work, opportunities for advancement, competitive salaries, bonuses and incentive awards.

• Eleven paid holidays, 13 days of sick leave, and 13 to 26 days of vacation time each year.

• Access to insurance programs that may be continued after you retire.

• A wide choice of health insurance plans, coverage for pre-existing conditions, and no waiting periods. We pay a substantial amount (up to 75%) of the health insurance premiums.

• A retirement program which includes employer-matching contributions.

• Learn more about Federal benefits programs at: https://help.usajobs.gov/index.php/Pay_and_Benefits

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