Financial Economist, NB-0110-V.2

You must meet the following requirements by the closing date of this announcement: BASIC REQUIREMENTS: Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR A combination of education and experience: courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education. Examples of qualifying experience include: a) individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation; b) supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or c) 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. In addition to meeting the BASIC REQUIREMENTS above, you must meet and/or possess at least the following: One year of specialized experience at a level of difficulty and responsibility equivalent to the next lower level, NB-IV or GS-11 in the Federal service. This experience may have been gained in either the public or private sector. Specialized experience for this position includes: Conducting research involving the application of economic, financial, or quantitative theories, principles or methods. (e.g. dissertation, Job Market Paper, Working Papers, Work-in-progress, or publications). NOTE: Examples of research may include: Independently planning and conducting financial or economic research projects; experience applying analytical and research techniques (e.g., econometrics, mathematical economics, operations research, benefit-cost analyses, and cost-effectiveness analyses); developing mathematical or statistical models to assess the impact of financial developments on the economy. While your application may include, but not be limited to, dissertation, Job Market Papers, Working Papers, Work-in-Progress, or publications, you must fully demonstrate one year of specialized experience in your resume. The experience may have been gained in the public sector, private sector, or through volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To receive any credit for your work experience, please indicate dates of employment by month/year, and indicate the number of hours worked per week, on your resume.
As Financial Economist, you will provide advice and consultation by performing research, analysis, or modeling to: effectively assess banks compliance with laws, regulations and model risk management practices; identify/quantify emerging risks; or further understand the evolving behaviors/trends of financial institutions, consumer behavior, and financial markets. The position is located with the Supervision Risk and Analysis, Economic & Risk Analysis-Compliance Risk Analysis Division.