Summary
This position is located in the Division of Insurance and Research, Headquarters, of the Federal Deposit Insurance Corporation and provides support in the areas of ensuring that regulatory data is reported accurately and meeting various stakeholder needs, assisting users of this information to understand the regulatory information better or to analyze it in conjunction with market-based data.
Duties
At the full performance level, major duties include: Reviews, analyzes, accepts, and validates financial reports (Reports of Condition and Income {Call Reports}, Summary of Deposits and structural data) filed by insured state non-member banks and national banks, trust companies, foreign banking organizations and/or institutions with foreign operations and non-banking lines of business. Reviews complex financial transactions for conformance with generally accepted accounting principles (GAAP), utilization of proper accounting methods, and appropriate presentation in the Call Report. Advises appropriate Division staff of any unusual situations, problems in resolving complex financial reporting and accounting issues involving banks in his/her caseload. Performs ratio and trend analysis; evaluates disclosure statements for information regarding changes in accounting methods, business combinations and/or other relevant facts; reviews risk-based calculations. Conducts discussions with a wide range of bank officials, accounting professionals, and regulatory personnel both domestic and international to confirm the accuracy of reported financial data. Provides advice on accounting, capital markets and/or trust matters related to the Call Report to financial analysts, senior bank officials, accounting professionals, other FDIC personnel and other regulatory agencies. Implements formal plans and programs designed to correct mathematical errors, deficiencies and inconsistencies in the Call Report data; and, he/she obtains formal commitments from bank officials to revise the Call Report as appropriate.
Requirements
Completion Of Financial Disclosure May Be Required. Registration with the Selective Service. U.S. Citizenship is required. Employment Conditions. Completion of Confidential Financial Disclosure may be required. Minimum Background Investigation (MBI) required
Education
See requirements stated under QUALIFICATIONS.
How you will be evaluated
Your resume and supporting documentation will be reviewed to ensure you meet the minimum qualifications/eligibility requirements. If you meet the minimum qualifications/eligibility, your experience, education, and training will be rated using accomplishment statements based on the competencies needed to perform the duties of the position. Occupational Experts (OEs) will review your resume to determine your technical qualifications for this position based on the required competencies. OEs will review ONLY the first two (2) pages of your resume and written responses to the accomplishment statements. OEs will not review additional information beyond your resume (e.g., cover letter, links embedded in your resume). The assessment includes a cut-off score based on the minimum level of required proficiency for the identified competencies. You must meet or exceed the cut-off score to receive consideration. You will not receive consideration for the position if you score below the cut-off score or fail to complete the assessments. Overstating your qualifications and/or experience in your application materials may result in your removal from consideration. You will be assessed using the following competencies: Critical thinking Oral/Non-Written Communication Teamwork Written Communication Financial Analysis Bank Accounting Business Technology You may preview questions for this vacancy.