FINANCIAL INSTITUTION SPECIALIST (Compliance),
Company: US Government Other Agencies and Independent Organ
Posted on: January 24, 2023
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.
Learn more about this agency
* Accepting applications
* Open & closing dates
12/29/2022 to 02/16/2023
$57,607 - $80,541 per year
* Pay scale & grade
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
* 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
* 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
* Promotion potential
* Job family (Series)
0570 Financial Institution Examining
* Supervisory status
* Security clearance
* Drug test
* Position sensitivity and risk
Moderate Risk (MR)
* Trust determination process
* Announcement number
* Control number
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
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.
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
* 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
* 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.
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,
* Pass automated writing assessment - see
* Subject to relocation to any duty location to meet management
* 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)
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
Superior Academic Achievement (SAA):
To qualify for SAA, applicants must have met one of the
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
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
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
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.
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
* Skill in fact-finding, analysis, and problem solving.
* Ability to communicate orally.
* Ability to communicate in writing to prepare a variety of
* 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
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
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 email@example.com 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.
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.
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
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the
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
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
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