FINANCIAL INSTITUTION SPECIALIST (Compliance),

Company: US Government Other Agencies and Independent Organ
Location: Wichita
Posted on: January 24, 2023

Job Description:

Summary

Candidates selected for the Financial Institution Specialist (FIS) position will be assigned to an FDIC Field Office in the Division of Depositor and Consumer Protection (DCP) and participate in formal classroom training, self-study, and work assignments located in and outside of the employee's official duty station in the area of bank examination.

Please see the Clarification from Agency and Additional Information sections below for more information on telework options.

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Overview

* Accepting applications
* Open & closing dates

12/29/2022 to 02/16/2023


* Salary

$57,607 - $80,541 per year


* Pay scale & grade

CG 07


* Help

Locations

63 vacancies in the following locations:

* Hoover, AL 1 vacancy


* Montgomery, AL 1 vacancy


* Phoenix, AZ 1 vacancy


* Little Rock, AR 1 vacancy


* Show more locations (59)
* Los Angeles, CA 1 vacancy


* Orange, CA 1 vacancy


* Sacramento, CA 1 vacancy


* San Francisco, CA 1 vacancy


* Denver, CO 1 vacancy


* Windsor, CT 1 vacancy


* Sunrise, FL 1 vacancy


* Albany, GA 1 vacancy


* Atlanta, GA 1 vacancy


* Champaign, IL 1 vacancy


* Mount Vernon, IL 1 vacancy


* Princeton, IL 1 vacancy


* Springfield, IL 1 vacancy


* Indianapolis, IN 1 vacancy


* Cedar Rapids, IA 1 vacancy


* Des Moines, IA 1 vacancy


* Sioux City, IA 1 vacancy


* Hays, KS 1 vacancy


* Wichita, KS 1 vacancy


* Lexington, KY 1 vacancy


* Louisville, KY 1 vacancy


* Baton Rouge, LA 1 vacancy


* Shreveport, LA 1 vacancy


* Columbia, MD 1 vacancy


* Braintree, MA 1 vacancy


* Lexington, MA 1 vacancy


* Wixom, MI 1 vacancy


* Jackson, MS 1 vacancy


* Columbia, MO 1 vacancy


* Saint Louis, MO 1 vacancy


* Springfield, MO 1 vacancy


* Billings, MT 1 vacancy


* Grand Island, NE 1 vacancy


* Omaha, NE 1 vacancy


* Concord, NH 1 vacancy


* Monroe, NJ 1 vacancy


* Albuquerque, NM 1 vacancy


* Syracuse, NY 1 vacancy


* Charlotte, NC 1 vacancy


* Raleigh, NC 1 vacancy


* Fargo, ND 1 vacancy


* Columbus, OH 1 vacancy


* Oklahoma City, OK 1 vacancy


* Portland, OR 1 vacancy


* Harrisburg, PA 1 vacancy


* Seven Fields, PA 1 vacancy


* Columbia, SC 1 vacancy


* Knoxville, TN 1 vacancy


* Nashville, TN 1 vacancy


* Austin, TX 1 vacancy


* Houston 1 vacancy


* Lubbock, TX 1 vacancy


* Salt Lake City, UT 1 vacancy


* Richmond, VA 1 vacancy


* Seattle, WA 1 vacancy


* Scott Depot, WV 1 vacancy


* Appleton, WI 1 vacancy


* Eau Claire, WI 1 vacancy


* Madison, WI 1 vacancy




* Remote job

No


* Telework eligible

Yesas determined by the agency policy.


* Travel Required

Occasional travel - Travel varies by location. To see the percentage of travel by location, please see "Other Information."


* Relocation expenses reimbursed

YesRelocation benefits may be provided in accordance with FDIC's General Travel Regulations.


* Appointment type

Recent Graduates - Excepted Service 1 year appointment - Potential conversion eligibility to the Competitive Service.


* Work schedule

Full-time -


* Service

Excepted


* Promotion potential

12


* Job family (Series)

0570 Financial Institution Examining


* Supervisory status

No


* Security clearance

Other


* Drug test

No


* Position sensitivity and risk

Moderate Risk (MR)


* Trust determination process

Suitability/Fitness


* Announcement number

2022-CEPRG-B0059


* Control number

697233300



Help

This job is open to

* Recent graduates

Individuals who have graduated from an accredited educational institute or certificate program within the last 2 years or 6 years for Veterans.



Clarification from the agency

All United States Citizens who have graduated within the last two years, or will graduate by December 31, 2023 and have completed a qualifying associates, bachelors, masters, professional, doctorate, vocational or technical degree or certificate from a qualifying educational institution. Veterans have up to six years to apply due to military service obligations. Please see "Additional Information" for available telework options.

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Duties

Financial Institution Specialists receive on-the-job and formal classroom training designed to provide practical experience in the compliance function of the FDIC.

Financial Institution Specialists participate in the assessment of financial institutions to ensure consumers and depositors are treated fairly and operate in compliance with federal consumer protection, anti-discrimination, and community reinvestment laws; and promoting economic inclusion by helping to build and strengthen positive connections between insured financial institutions and consumers, depositors, small businesses, and communities. Financial Institution Specialists also:

* Evaluate compliance with applicable consumer protection, fair lending and civil rights laws and regulations, Community Reinvestment Act, and related enforcement responsibilities, through targeted compliance examination reviews.
* Research, compile, manipulate, and/or evaluate data to prepare a variety of documents, management reports and presentations.
* Identify and report unusual transactions, irregularities, weaknesses or deficiencies to a higher-graded specialist/examiner and/or supervisor.
* Utilize computer software programs to perform analysis and generate applicable reports and documents.
* Attend meetings with FDIC officials, attorneys, representatives of financial institutions or other private sector representatives, and/or other federal and state regulatory agency officials to discuss issues of mutual concern when applicable, and under the guidance of higher-graded specialists/examiners and/or supervisors.
* Meet with and conduct interviews of institution personnel of various levels to determine their awareness of current laws and regulations, obtain information and documents, and provide feedback regarding examination activities.
* Prepare examination reports and related documents (examination scope memoranda, work papers, compliance examination reports, CRA performance evaluations, visitation reports, and consultation memoranda when applicable).
* Participate as members of the compliance examination team by ensuring that their portion of an examination is completed timely; communication with co-workers regarding work performed on an examination; and, sharing information with co-workers.

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Requirements

Conditions of Employment

* U.S. Citizenship
* Completion of Recent Graduates Participant Agreement.
* Travel varies by location.
* MUST be available for a virtual interview between April 11 - 13, 2023.
* Pass automated writing assessment - see Qualifications/Evaluations Sections
* Subject to relocation to any duty location to meet management needs.
* Registration with the Selective Service http://www.sss.gov

Must complete all training benchmarks and obtain a commission in Division of Depositor and Consumer Protection in order to be promoted to the CG-11 level. Those who do not complete these requirements within 3 and a half years (42 months) will be separated from employment.

Moderate Risk Position--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.

Applicants may qualify based on education, work experience, or a combination of both, as defined below:

A. Has received within the last two years, or if not already graduated, will receive by December 31, 2023, a bachelor's degree from an accredited college or university that included the following: (a) completion of a major course of study in accounting, banking, business administration, commercial or banking law, economics, finance, marketing or other related fields; (b) completion of at least 24 semester hours of combined course work in business administration, accounting, finance, marketing, mathematics, statistics, or economics that included at least 6 semester hours in accounting; and (c) fulfillment of one or more of the requirements listed below for Superior Academic Achievement (SAA).

Superior Academic Achievement (SAA):

To qualify for SAA, applicants must have met one of the following:

a. A grade-point average of "B" (a GPA of 2.95 or higher out of a possible 4.0) for all completed undergraduate courses, or those completed in the last two years of undergraduate study.

b. A grade-point average of "B+" (a GPA of 3.45 or higher out of a possible 4.0) for all courses in your major field of study, or those courses in your major completed in the last two years of undergraduate study.

c. Rank in the upper one-third of your class in the college, university or major subdivision.

d. Membership in a national honor society (other than freshman honor societies) recognized by the Association of College Honor Societies. OR

B. Has completed within the last two years, or will complete by December 31, 2023, one academic year of graduate study at an accredited college or university in accounting, banking, business administration, commercial or banking law, economics, finance, marketing or other related fields. In addition, has completed or if not already graduated, will complete by December 31, 2023, at least 24 semester hours of combined undergraduate and graduate course work at accredited colleges or universities in business administration, accounting, finance, marketing, mathematics, statistics, or economics that included at least 6 semester hours in accounting. OR

C. If the candidate did not complete an undergraduate or graduate major in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other related field and/or at least 24 semester hours (or equivalent) of undergraduate and/or graduate course work in accounting, business administration, economics, finance, mathematics, statistics, and marketing that included at least 6 semester hours (or equivalent) of course work in accounting, equivalent qualifying experience may be substituted for the major and some or all of the required course work. To be creditable, experience must be at the next lower grade, i.e. at the CG-5 for the CG-7, and must demonstrate skill in gathering and analyzing financial data and interpreting balance sheets and income statements.

OR

D. Combinations of successfully completed post-high school education and experience may be used to meet total qualification requirements for the CG-07 position, as long as the education and experience demonstrates skill in gathering and analyzing financial data and interpreting balance sheets and income statements.

The competencies/knowledge, skills, and abilities (KSAs) you will be assessed on are listed below:

* Knowledge of banking theory, banking operations, banking and commercial law, economics, business administration, accounting, and the functions, procedures and practices of financial institutions sufficient to permit independent performance of recurring assignments.
* Skill in fact-finding, analysis, and problem solving.
* Ability to communicate orally.
* Ability to communicate in writing to prepare a variety of reports.
* Ability to effectively deal with institution representatives, co-workers, and the general public.

You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs.

AND

SELECTIVE PLACEMENT FACTOR: In addition to meeting the qualification requirements as described above, this position has the following Selective Placement Factor:

Ability to effectively communicate in writing as evidenced by using proper grammar to compose written documents which are clear, concise, thorough, and free of spelling, grammatical, and punctuation errors.

Automated Writing Assessment: Candidates must demonstrate that they meet the Selective Placement Factor by passing an automated writing assessment. Candidates who self-assess at 85 or above on the vacancy announcement assessment questionnaire will receive notification with a link via e-mail within two weeks from the closing date of the announcement to take the automated writing assessment. Candidates will be allotted twenty-five (25) minutes to complete the assessment after clicking on the "Begin Assessment" button. Candidates will have three days to complete the assessment. The completion deadline will be indicated in the notification e-mail. Candidates must complete and pass the automated writing assessment in order to receive further consideration for this position. Candidates who fail will be deemed not qualified for failure to meet the Selective Placement Factor and will receive no further consideration for this position.

If you PASS the writing assessment, your score is valid for twelve (12) months for the entry-level FIS position within the FDIC only. If you FAIL the writing assessment, your score is valid for (6) months for the entry-level FIS position within the FDIC only. You will not be able to retake the assessment for a period of 6 months if you FAIL the assessment or 12 months if you PASS the assessment from the date you complete the assessment. You will be notified of your assessment results and your assessment retake eligibility date. Your assessment results will be used for this entry-level FIS placement opportunity and reused for future entry-level FIS job opportunities for 6 or 12 months, depending on the outcome of your assessment as previously explained. Disclaimer:This does not restrict your ability to apply to other FDIC entry-level FIS job opportunity announcements within this 6 or 12 month window; however, if you previously failed the assessment you will be found ineligible during your 6-month retake period.

For this job opportunity announcement: If you previously completed the automated writing assessment see "Other Information".

Tablet/phone mobile devices do not support all features for the assessment; therefore, it is recommended that you use a desktop/laptop to complete the assessment. If you have questions about the computer requirements please contact PFhelpdesk@PDRI.com. If you wish to request a reasonable accommodation for the automated writing assessment, you must email us at cephrb@fdic.gov by the closing date of this announcement. If your reasonable accommodation request is submitted after the closing date of the announcement, it will be considered on a case-by-case basis as there may not be adequate time to process your request.

Additional information

The FDIC offers position-specific telework options. This position is eligible for the Home-Based Telework, Expanded Telework and Traditional Telework Options after the first six months of employment. Ad-Hoc requests for telework will be reviewed and approved at the discretion of the supervisor. For more information, please reference the above-mentioned telework options Here.

The range of pay shown includes base pay plus supplemental locality adjustments for the duty locations listed. The locality rates for these duty locations range from a low of 6.68% to a high of 49.15%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.

To see the percentage of travel by location, please click here.

Read more

* Benefits

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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.

The starting base salary for candidates selected under this announcement is set at $58,000, plus the locality rates for their assigned locations. The CG-7 FIS is considered an entry-level trainee position and the intention is for candidates to receive starting base salaries. In rare circumstances, the FDIC may offer a higher base salary to candidates who supply documented proof that they have earned a higher salary in a related position; however, determinations will be made on a case-by-case basis. Approved pay exceptions generally do not exceed 10% of the basic pay rate. Current FDIC employees will have their pay set in accordance with the FDIC's internal pay setting policy.

In addition to the regular benefits offered by Federal agencies, the FDIC offers additional benefits to its employees on a full-time work schedule. 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.



How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

You must demonstrate that you meet the Selective Placement Factor by completing and passing an automated writing assessment in order to receive further consideration for this position. If you self-assess at 85 or above on the vacancy announcement assessment questionnaire, you will receive notification with a link to the automated writing assessment. (Refer to Qualifications Section - Selective Placement Factor).

If you pass the automated writing assessment, your resume will be reviewed, including the vacancy announcement assessment questionnaire, to determine whether you meet the remaining qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, average number of hours worked per week, duties performed, and if the position is/was in the Federal government, the position series and grade level. If you rate yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected. This could mean that you pass the automated writing assessment, thereby demonstrating that you meet the Selective Placement Factor, but are later deemed to be "not qualified" for failure to meet the remaining qualification requirements.

If you are found qualified, you will be placed in one of several categories: Best Qualified, Well Qualified, or Minimally Qualified, based upon the degree to which your background and responses to the assessment questions match the qualification requirements of the position. Within these categories, candidates eligible for veterans' preference will receive selection priority over non-veterans.

The highest-ranked candidates for each location may be invited to a virtual hiring event to participate in an interview during April 11-13, 2023. You may select up to 3 locations listed for which you would like to be considered.

FDIC provides reasonable accommodations to candidates with disabilities. If invited to interview and you need a reasonable accommodation, please notify us within three days of receiving the invitation to allow us adequate time to consider the request; however, you can make a reasonable accommodation request at any time once invited. The decision to grant a reasonable accommodations will be on a case-by-case basis.

Applicants who are selected to participate in the hiring eve

Keywords: US Government Other Agencies and Independent Organ, Wichita , FINANCIAL INSTITUTION SPECIALIST (Compliance),, Other , Wichita, Kansas