Senior Financial Analyst

Summary

This position is located in the Division of Insurance and Research, Headquarters, of the Federal Deposit Insurance Corporation and provides support in the areas of ensuring that regulatory data is reported accurately and meeting various stakeholder needs, assisting users of this information to understand the regulatory information better or to analyze it in conjunction with market-based data.

Duties

At the full performance level, major duties include:

• Reviews, analyzes, accepts, and validates financial reports (Reports of Condition and Income {Call Reports}, Summary of Deposits and structural data) filed by insured state non-member banks and national banks, trust companies, foreign banking organizations and/or institutions with foreign operations and non-banking lines of business.
• Reviews complex financial transactions for conformance with generally accepted accounting principles (GAAP), utilization of proper accounting methods, and appropriate presentation in the Call Report.
• Advises appropriate Division staff of any unusual situations, problems in resolving complex financial reporting and accounting issues involving banks in his/her caseload.
• Performs ratio and trend analysis; evaluates disclosure statements for information regarding changes in accounting methods, business combinations and/or other relevant facts; reviews risk-based calculations.
• Conducts discussions with a wide range of bank officials, accounting professionals, and regulatory personnel both domestic and international to confirm the accuracy of reported financial data.
• Provides advice on accounting, capital markets and/or trust matters related to the Call Report to financial analysts, senior bank officials, accounting professionals, other FDIC personnel and other regulatory agencies.
• Implements formal plans and programs designed to correct mathematical errors, deficiencies and inconsistencies in the Call Report data; and, he/she obtains formal commitments from bank officials to revise the Call Report as appropriate.

Requirements

Conditions of employment

Completion Of Financial Disclosure May Be Required.

Registration with the Selective Service.

U.S. Citizenship is required.  

Employment Conditions.

Completion of Confidential Financial Disclosure may be required.

Minimum Background Investigation (MBI) required

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.

CG-11:  
Applicant must have one year of specialized experience equivalent to at least the grade 09 level in the Federal Service, working with bank reporting requirements, the bank examination process, capital and money markets, and economic conditions impacting financial institutions; and analyzing the banking industry to identify economic developments that could affect insured institutions.
OR
You may substitute a Ph.D. or equivalent doctoral degree, or three full years of progressively higher level graduate education leading to such a degree, or an LL.M, if related. Degree program must have a major study in one of the following: finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.
OR
You may qualify by a combination of successfully completed graduate level education and specialized experience. Only graduate level education in excess of the first 2 years may be combined with experience as described above.

CG-12:
Applicant must have at least 1 year of specialized experience equivalent to the grade 11 level in the Federal service, resolving accounting, capital markets, and trust company issues to answer questions from internal and external sources; identifying economic developments affecting insured institutions; and compiling and supplying information for studies and policy decisions related to financial institutions. 

CG-13:
Applicant must have at least 1 year of specialized experience equivalent to the grade12 level in the Federal service, performing mathematical and statistical calculations, resolving accounting, capital markets, and trust company issues, determining the nature of those issues, considering alternatives, and making recommendations for corrective action; and compiling and supplying information for studies and policy decisions related to financial institutions.

Applicants must have met the qualification requirements (including selective placement factors – if any) for this position within 30 calendar days of the closing date of this announcement.

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.

For qualification determinations, your resume must contain the following for each work experience listed:

• Organization/Agency's Name
• Title
• Salary (series and grade, if applicable)
• Start and end dates (including the month and year)
• Number of hours you worked per week
• Relevant experience that supports your response to the specialized experience that is stated in the job announcement

If your resume does not contain this information, your application may be marked as incomplete and you may not receive consideration for this position.

NOTE: Please indicate how you meet the specialized experience under each applicable position. Do not copy and paste the duties or specialized experience from this announcement into your resume as that will not be considered a demonstration of your qualifications.

Education

• See requirements stated under QUALIFICATIONS.

Additional information

Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement.

If selected, you may be required to serve a probationary or trial period as applicable to appointment type. During the probationary or trial period, you will be evaluated for fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider: 

• your performance and conduct;
• the needs and interests of the agency;
• whether your continued employment would advance organizational goals of the agency or the Government; and
• whether your continued employment would advance the efficiency of the Federal service.

Upon completion of your probationary or trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

To read about your rights and responsibilities as an applicant for Federal employment, click here.

Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees. These benefits, some at minimal cost, are some of the best and most competitive in both the private and public sectors.

To find out more, click here.

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.