Vacancy Announcement EXT-TM-08-005-DHA

OCC Logo


    VACANCY ANNOUNCEMENT NUMBER: EXT-TM-08-005-DHA

    TITLE, PAY PLAN, SERIES AND PAY BAND: Financial Economist, NB-110-V/VI

    This is a permanent position in the competitive service.

    PROMOTION POTENTIAL: NB-VI

    SALARY RANGE: NB-V $67,235 to $125,091 per year
    NB-VI $88,931 to $165,432 per year

    The salary range above includes 13% geographic differential pay.

    OPENING DATE: December 14, 2007

    CLOSING DATE: Open Until Filled*

    *Certificates of qualified candidates may be issued periodically during the open recruitment period.


    ORGANIZATION, DUTY LOCATION, AND NUMBER OF VACANCIES:
    Office of the Comptroller of the Currency
    International and Economic Affairs
    Risk Analysis Division
    Washington, D.C.
    More than 1 vacancy may be filled (this position is in the bargaining unit)

    RELOCATION: Relocation may be provided to selectees in accordance with OCC’s relocation policy. Free real estate information on job locations is available to OCC employees and job applicants by calling OCC’s relocation management firm at 1-800-210-0299 (Ext. 6989).


    AREA OF CONSIDERATION: This announcement is open to the public. All qualified U.S. citizens may apply, regardless of where they reside.

    THIS ANNOUNCEMENT IS ISSUED UNDER THE DIRECT HIRE AUTHORITY TO RECRUIT NEW TALENT TO OCCUPATIONS FOR WHICH THE DEPARTMENT OF TREASURY, OFFICE OF COMPTROLLER OF THE CURRENCY HAS A CRITICAL HIRING NEED.

    For more information on Direct-Hire Authority:
    http://www.opm.gov/employ/direct_hire/factsheet.asp

    MAJOR DUTIES:

    Conducts on-site and off-site bank-specific analyses of risk measurement systems and quantitative valuation and decision models in the relevant business context. Develops analytical models relating to these topics. These analyses and models assist in the development of the bank-specific supervisory strategies.

    Initiates research projects to facilitate the development and understanding of new techniques for risk measurement and credit scoring.

    Provides analysis and advice on risk-measurement issues to OCC policy makers, by researching and drafting memoranda and position papers in areas of recognized expertise, responding to general or specific questions posed by the policy makers.

    Develops and demonstrates expertise in the research into questions of importance to the Division. Assists with projects, analyses, and reports that deliver such expertise to support bank examinations and supervision.

    Conducts long-term research projects relating to the structure, operation and regulation of national banks, other depository institutions and financial markets. Such research requires information gathering, sophisticated economic, statistical and financial analysis techniques, narration and presentation to diverse audiences.

    Supports projects that respond to requests by the Comptroller and other senior management for materials on a variety of topics including policy and management issues confronting the OCC, analyses of banking legislation and regulations, and assessments of significant trends and developments in the banking industry and financial markets.

    Responds to requests for analysis of issues affecting the banking system and financial markets and broad OCC operations from the Comptroller and senior managers by contributing to data collection, analysis and interpretation.

    Contributes to the division's participation in OCC group projects and task forces analyzing major issues affecting the banking industry, and the OCC, and recommending policy choices.

    QUALIFICATION REQUIREMENTS:

    Basic Requirements:

    A. Degree: economics, that includes at least 21 semester hours in economics and 3 semester hours in statistics.

    OR

    B. Combination of education and experience—courses equivalent a major in economics as shown in A. above, plus additional experience or additional education.

    And

    This position also requires one year of specialized experience equivalent to the next lower pay band.

    Examples of specialized experience include: (1) Individual Master’s- or Ph.D.- level finance or economic research projects requiring planning; data collection, analysis and evaluation; conclusions and report preparation; and presentation of results to diverse audiences. (2) Construction of finance or economic models, either theoretical or empirical, requiring the evaluation and interpretation of model results, (3) Teaching assignments in a college or university that included class instruction in finance or economic subjects, or (4) Experience conducting advanced research in an academic or other setting, e.g., (i) personal research that produced evidence of results, (ii) a graduate thesis in economics, or (iii) service as a consultant or advisor on technical financial economics problems. Experience in related fields that did not involve the use and understanding of finance or economic principles and theories may not be considered as qualifying experience for these positions.


    SELECTIVE PLACEMENT FACTOR:

    In addition to the above qualification requirements, candidates must possess the following Selective Placement Factor to be considered qualified for the position. Applicants must describe how they meet this requirement in their application:

    Experience in evaluating, developing, and conducting advanced research in areas related to financial economics.

    Evaluation Criteria

    Evaluation of applicants for selection consideration is based on the following criteria. Please submit a narrative statement addressing these criteria to ensure full consideration.

    1. Skill in developing, applying, and interpreting finance or economic models, either theoretical or empirical, in debt, equity, commodity, or currency markets.

    2. Knowledge of computer programming languages used for financial, economic, or statistical modeling of financial markets or instruments demonstrated by use of computer programming languages in specific research projects.

    3. Ability to communicate effectively, orally and in writing, to technical and non-technical audiences on finance or economic modeling or financial risk measurement and management.


    BASIS FOR RATING:

    Using OPM's approved Direct Hire Authority, the OCC may appoint candidates directly to this position, without regard to provisions of Title 5 U.S.C. 3309 through 3318; therefore, rating criteria is not applicable.
    Although written responses to the KSAs will not be used for rating purpose, they will be provided to the selecting official as part of resume material. Applicants should describe experience, education, training, and other activities that reflect possession of the above KSAs.

    CONDITIONS OF EMPLOYMENT:

    A background security investigation will be required for all new hires. Appointment will be subject to the applicant’s successful completion of a background security investigation and favorable adjudication. Failure to meet these requirements will be grounds for termination.

    Under Executive Order 11935, only United States citizens and nationals (residents of American Samoa and Swains Island) may compete for civil service jobs. Agencies are permitted to hire noncitizens only in very limited circumstances where there are no qualified citizens available for the position.

    As a condition of employment, male applicants born after December 31, 1959 must certify that they have registered with the Selective Service System or are exempt from having to do so under the Selective Service Law.

    OTHER INFORMATION:

    Applications received from OCC employees will be considered under merit promotion procedures.

    The Comptroller of the Currency provides the following benefits:

    *401(k) Program
    *Thrift Savings Program
    *Free Dental and Vision Insurance
    *Free Long-Term Disability
    *Work Life Programs
    *Free Business Travel Insurance
    *Federal Employees’ Health Benefits Program
    *Federal Employees’ Group Life Insurance Program
    *OCC Group Life Insurance Program
    *Domestic Partner Program

    All qualified applicants will receive appropriate consideration without regard to non-merit factors such as race, color, religion, sex, national origin, marital status, age, politics, disability, or sexual orientation that do not relate to successful performance of the duties of this position. To request information and application forms, hearing impaired applicants may use TDD # (202) 874-5642. OCC provides reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please notify the agency. The decision on granting reasonable accommodation will be made on a case-by-case basis.

    HOW TO APPLY:
    Applications must be received in the Human Resources Office by the closing date of the announcement. Receipt of applications will be acknowledged. Applicants’ qualifications will be evaluated solely on the information submitted. Failure to submit all of the items listed below may result in you not receiving full consideration. All application materials become the property of the Office of the Comptroller of the Currency and will not be returned.

    The OCC utilizes a variety of methods to evaluate the qualifications of applicants. The most commonly used methods include, but are not limited to, rating and ranking by a Human Resources Specialist, use of a rating panel, or use of an automated applicant system such as Career Connector.

    Persons with disabilities, disabled veterans, and others eligible for noncompetitive appointments under special appointing authorities must clearly indicate eligibility on their application and provide supporting documentation. Failure to provide proof of eligibility will result in you not receiving full consideration.

    1. Resume, or OF-612, Optional Application for Federal Employment, or other written application format of your choice. The OF-612 is available on the Office of Personnel Management’s electronic forms website at www.opm.gov/forms/. Be sure to provide all of the information requested below:

    - Job announcement number, title, series, grade and location for which you are applying
    - OCC employee identification number (for OCC employees only)
    - Country of Citizenship
    - If ever employed by the Federal Government, show the highest Federal civilian grade held, job series, and dates of employment in the grade
    - Education
    - Work experience including dates of employment, employer’s name, address and phone number
    - Other relevant qualifications
    2. A supplemental statement describing how you meet the selective placement factor(s), if applicable, and Knowledge, Skills, and Abilities (KSAs).

    3. Copy of most recent performance appraisal, if available.

    4. All federal employees must submit a copy of their most recent Notification of Personnel Action (Standard Form 50) showing tenure group and promotion potential (if any).

    5. Applicants claiming veteran preference must submit a copy of their DD-214 and, if disabled, an SF-15 with letter from the Department of Veterans Affairs.

    6. Please include an E-mail address where status notifications may be sent.

    CTAP AND ICTAP APPLICANTS:

    In addition to standard competitive service CTAP eligibility, the OCC provides special selection priority for its excepted service employees.

    Career Transition Assistance Plan (CTAP) and Interagency Career Transition Assistance Plan (ICTAP) applicants must provide proof of eligibility, such as a copy of their specific RIF notice of separation, Notification of Personnel Action (SF-50) showing the RIF separation, or Certification of Expected Separation. Applicants may also be asked for documentation from their human resources office reflecting the promotion potential of their most recent federal position.

    Selection priority will be given to eligible, well-qualified CTAP/ICTAP applicants.

    Well-qualified employees are eligible employees who (i) meet the basic qualification standards and eligibility requirements for the position, including any medical qualifications, suitability, and minimum educational and experience requirements for the position; (ii) meet all selective placement factors, where applicable, and are rated above the minimum level on all quality ranking factors (KSAs); (iii) are physically qualified, with reasonable accommodation where appropriate, to perform the essential duties of the position; (iv) meet any special qualifying condition(s) that OPM has approved for the position; and (v) are able to satisfactorily perform the duties of the position upon entry.
    You have three methods for submitting your applications:

    1) Email to IEAJobs@occ.treas.gov OR;
    2) Fax to (301) 433-9645 OR;
    3) Mail to the following address listed below:
    Comptroller of the Currency
    Human Resources Service Center
    Mail Stop 4-17
    Attn: Tracey McIlwain, EXT-TM-08-005-DHA
    250 E Street, SW
    Washington, D.C. 20219

    The OCC highly recommends that applicants submit their documents via fax or e-mail. Due to mail screening, it may take up to two weeks for the OCC to receive any mailed documents.

    For more information, you may contact Tracey McIlwain on (202) 874-4915 or you may submit questions to careers@occ.treas.gov.

    OCC IS AN EQUAL OPPORTUNITY EMPLOYER




"How did you find out about this job?"

Information Request Instructions: Please indicate below how you first became aware of this employment opportunity at the Office of the Comptroller of the Currency (OCC) by checking only one response. In addition, please write in the information requested. Thank you for your cooperation.




________OCC's Home Page on the World Wide Web

________Other Internet Site:___________________________________________
(Name of Internet site or URL)

________Printed Ad:___________________________________________
(Name of newspaper, magazine, etc.)

________College Placement Office:___________________________________________
(Name of school)

________Job Fair:___________________________________________
(Job Fair sponsor and/or location)

________Current or Former OCC Employee

________Relative or Friend

________Other:___________________________________________
(Please explain)