Summary
This position is located at Departmental Offices,Domestic Finance - Office of Financial Research. As a/an Research Principal-Interdisciplinary, you will responsible for planning, leading, and coordinating economic and statistical modeling research projects, applying a wide range of complex statistical models empirical models, mathematical tools and/or computational models to develop sophisticated economic and statistical models and computational methods to support OFR research.
Duties
As a Research Principal-Interdisciplinary, you will:
- Provide authoritative advice and analytical support to the Deputy Director and/or Associate Director, Research and Analysis Center on key mission-critical issues, initiatives and operations.
- Take the lead or is independently responsible for the initiation, planning, implementation, control, modification and execution of all components of statistical and economic modeling research projects and assignments.
- Develop sophisticated economic and statistical models and computational methods to support OFR research, identification and evaluation of risks to financially stability, and evaluation of financial policies.
- Lead teams of Senior Researchers, Researchers, and Analysts investigating technical requirements to monitor risks to the financial system.
- Collaborate with Data Center staff in selecting and designing software for the modeling and solutions of multi-period stochastic programs, with empirical distributions modeled from simulations.
Requirements
Conditions of Employment
Key Requirements:
- Must be U.S. Citizen or U.S. National.
- A one-year probationary period may be required.
- Must successfully complete a background investigation.
- Public Trust - Background Investigation will be required.
- All new hires will be required to comply with federal ethics laws. A review of financial or other interests may be conducted to determine if they create any real or apparent conflict of interests with official Treasury duties.
- Complete a to determine your suitability for Federal employment, at the time requested by the agency.
- Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
- If you are a male applicant born after December 31, 1959, certify that you have registered with the or are exempt from having to do so.
- Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the . Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
- Obtain and use a Government-issued charge card for business-related travel.
- File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on, if required.
- Undergo an income tax verification, if required.
- Please refer to the "Additional Information" section for additional Conditions of Employment.
Qualifications
You must meet the following requirements by the closing date of this announcement.Specialized experience for the Band 70 (GS 15): An applicant must have one year of specialized experience, equivalent to at least the (BAND 60) (GS-14) in the Federal service.
Specialized experience for this position includes:
- Producing major reports and briefing materials on financial market and financial institution topics related to financial stability; AND
- Writing research papers published in academic, peer-reviewed journals related to economic or topics on financial markets, financial institutions, or financial stability; AND
-Leading researcher and analyst teams on projects, coordinating organization resources and process improvements.
Examples that meet the specialized experience include:
-Serving as a senior subject matter expert and project lead on reports or initiatives related to financial stability, monetary policy, or other macroeconomic issues or conditions. OR
-Applying quantitative analytical and research techniques to examine questions concerning financial market and financial institution issues relevant for financial stability and writing or co-authoring papers based on that research that have been published in a relevant academic, peer-reviewed journal or a government working paper series. OR
- Developing reports and briefing materials of financial or statistical analysis and trends for presentation to senior leaders.
Examples that do not meet the specialized experience include:
-Experience related to budgeting, corporate financial analysis, accounting, cost-benefit analysis, cost effectiveness, procurement, data management, data operations, IT management of data, operations research, marketing research, equity or fixed income or other securities analysis; AND/OR
-Experience as a minor contributor to an organization's reports and publications; AND/OR
-Teaching experience below the college or university level and/or outside the fields of economics, finance, or mathematics.
The experience may have been gained in either the public, private sector or . One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resumé.
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
This announcement is issued under the "direct-hire" authority. Consistent with 5 U.S.C. 3304(a)(3) and OPM regulations (5 CFR 337 Subpart B) on direct-hire: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.
Your application includes your resumé, responses to the online questions, and required supporting documents. Please be sure that your resumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resumé may result in a "not qualified" determination.
Rating: Your application will be evaluated in the following areas: Analytical, Communication, Research and Analysis, and Technical
Referral: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.
If you are a displaced or surplus Federal employee (eligible for the ) you must have a score of 85 or better to be rated as "well qualified" to receive special selection priority.
Required Documents
A complete application includes:
1. A resume: All applicants are required to submit a resumé, either by creating one in USAJOBS, or uploading one of their own choosing. (Cover letters are optional.)
- Please limit your resume to 5 pages. If more than 5 pages are submitted, your resume will still be accepted, however only the first 5 pages will be reviewed and considered for qualifications and eligibility determination in whether or not the minimum qualifications for the position have been met.
- To receive full credit for relevant experience, please list the month/date/year and number of hours worked for experience listed on your resumé.
- It is suggested that you preview the entire announcement and online assessment questionnaire, to ensure that your resumé thoroughly describes how your skills and experience align to the criteria defined in the "Qualifications" section of this announcement and support your responses to the online assessment questionnaire.
- For resumé writing guidance, please visit .
3. Submission of any required documents identified below, if applicable: Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible).
- CAREER TRANSITION ASSISTANCE PLAN (CTAP) OR INTERAGENCY CAREER TRANSITION ASSISTANCE PLAN (ICTAP) DOCUMENTATION: If you are a displaced or surplus Federal employee, click for eligibility and a detailed list of required documents you must submit in order to be eligible.
- EDUCATION DOCUMENTATION:
- You are not required to submit transcripts for this initial phase of the application process. Candidates will be referred for consideration based on their self-certification. If you are selected for a position which has a positive education requirement (as described in the vacancy announcement) and/or you are qualifying solely on your education, you will be required to submit official transcripts verifying your qualifications prior to a job offer being issued.
- A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to . If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the .
