Operations Research Analyst (Senior Financial Modeler) – Direct Hire – Open to All U.S. Citizens

Job title:

Operations Research Analyst (Senior Financial Modeler) – Direct Hire – Open to All U.S. Citizens

Company

Federal government of the United States

Job description

SummaryThe NCUA is ranked #9 for the 2023 best places to work in the Federal government (mid-size agencies).This position is at the National Credit Union Administration (NCUA) in the Office of National Examinations and Supervision. This position serves as an Operations Research Analyst (Senior Financial Modeler).Overview

• Accepting applications

Open & closing dates01/07/2025 to 01/23/2025Salary$136,954 – $215,019 per yearThe salary range shown is for the Rest of the US (RUS) locality only, please view the additional information section for specific locality rates.Pay scale & gradeCU 15Location1 vacancy in the following location:Location Negotiable After SelectionRemote jobNoTelework eligibleYes—as determined by the agency policy.Travel RequiredOccasional travel – You may be expected to travel for this position.Relocation expenses reimbursedNoAppointment typePermanentWork scheduleFull-timeServiceCompetitivePromotion potential15Job family (Series)Supervisory statusNoSecurity clearanceDrug testNoPosition sensitivity and riskTrust determination processFinancial disclosureBargaining unit statusAnnouncement numberONES-DH-2074-12653553-25Control number827113500This job is open toClarification from the agencyAll U.S. Citizens and ICTAP eligibles.VideosDutiesAs an Operations Research Analyst (Senior Financial Modeler), you will:

• Serve as the primary analyst responsible for the model development process including conceptualization through data exploration, model selection, model building and testing, model documentation and deployment, user training, ongoing monitoring, leveraging best industry practice while simultaneously accounting for the unique characteristics and risks of credit unions industry.
• Serve as a primary ONES resource on quantitative methods and research, and identify opportunities to utilize data mining and statistical techniques to develop and provide analytic insights, innovative and practical solutions to support NCUA’s strategies and initiatives.
• Analyze economic conditions and policy developments in the financial service industry for their potential impact on the federally insured credit unions and the NCUSIF. Perform economic forecast and develop economic products and presentations to support ONES supervision program and scenario development.
• Review business processes, portfolio characteristics and technical documentations and apply econometric or quantitative methods to evaluate the full life cycle of models used by credit unions, focusing on conceptual model design and methodology, data inputs, model implementation and performance, model on-going monitoring and change management processes.
• Work with other members of ONES analytic team, ONES field examiners and specialists, and other NCUA groups to build ONES analytic capability and establish the internal model governance and model risk management framework.
• Work with ONES credit unions and third-party vendors to develop and implement independent validation strategies, including assessing their model development methodologies and processes, identifying potential model weaknesses and materiality of the risk, and developing necessary challenge models using statistical and econometric techniques and industry and proprietary data.

RequirementsConditions of Employment

• You must be a U.S. Citizen.
• Suitable adjudication of background/security investigation is required.
• A probationary/trial period may be required.
• A financial disclosure is required.
• Must complete initial online questionnaire.
• Applicants must complete an assessment battery (i.e., Assessment Questionnaire and USA Hire Assessment) via the USA Hire platform if notified to do so.

QualificationsPlease note: Under the provisions of the Direct-Hire Authority, veterans’ preference does not apply. Applicants who meet the minimum qualifications and the basic requirements and who are otherwise eligible to apply for this position, may be referred for selection consideration. Traditional rating and ranking of applications does not apply.Specialized experience is the experience that has equipped you with the specific knowledge, skills, and abilities to successfully perform the duties of the position, and that is typically in or related to the work of the position to be filled. All applicants applying for the CU-15 level must have at least one full year of specialized experience equivalent to the CU/GS-14 level obtained in the private or public sector.Specialized experience for this position is defined as experience:
1) applying mathematical, statistical, or econometric techniques to develop quantitative models that predict asset performance, member/deposit behaviors, or financial institution performance; and
2) conducting economic research and data analysis in the financial services industry.You must meet the qualifications for this position by the closing date of this announcement.Please note, all experience statements (i.e., duties, specialized experience, or occupational assessment questionnaire) copied from this announcement and pasted into your resume will not be considered as a demonstration of your qualifications for this position.YOUR RESUME MUST provide specific details as to how your experience meets the specialized experience and support your responses to the online questionnaire as described in the vacancy announcement. When describing your experience in your resume, please be specific. We will not make assumptions regarding your experience. Please ensure that your resume includes the grade (if you are a current or previous federal employee), month, and year that you began and ended for each position held or that position may not be credited toward meeting the specialized experience requirement. Full-time employment will be assumed unless otherwise stated on your resume. Part-time employment will be prorated in crediting experience. Failure to provide details will result in an ineligible rating.Your resume must also support your responses to the online questionnaire. Failure to provide support may result in a lower rating and/or you may be excluded from consideration. Your latest resume submitted for this vacancy announcement will be used to determine qualifications and supersedes previous submissions.EducationIn addition to meeting specialized experience requirements, applicants must also meet the following Basic Requirement:A. Degree in operations research;ORB. At least 24 semester hours in a combination of operations research, mathematics, probability, statistics, mathematical logic, science, or subject-matter courses requiring substantial competence in college-level mathematics or statistics. At least 3 of the 24 semester hours must have been in calculus.Transcripts are required and must be submitted at the time of application. All education must be received by an accredited institution recognized by the U.S. Department of Education for it to be credited towards qualifications (particularly positions with an education requirement) therefore, applicants must report only attendance and/or degrees received from schools recognized by the U.S. Department of Education. Applicants may verify accreditation at the following website: .FOREIGN EDUCATION: Education completed outside of the United States must be deemed equivalent to that gained in accredited U.S. education programs to be acceptable for federal employment. A third party equivalency evaluation must be submitted at the time of application for all foreign education to receive consideration.For special instructions pertaining to foreign education, see , and for a list of organizations that can evaluate foreign education, visit .Additional informationClick on the link below for essential guidance on navigating the federal job application process and to learn how to avoid common mistakes and increase your chances of success.SALARY: Pay will be set within the advertised pay range to align with the selectee’s skills and experience and the requirements of the position in accordance with NCUA’s compensation policy.The salary range shown is NCUA’s National Pay Rate (NPR) which includes a locality rate of 16.32% for the Rest of the U.S. (RUS) geographical area. Actual salary will be determined upon the location of the selectee and the applicable locality pay, per the NCUA’s CU pay table, will be applied. The locality rates, by location, can be found on the NCUA Careers webpage under the .SELECTIVE SERVICE: If you are a male applicant born after December 31, 1959, you must certify that you have registered with the Selective Service System or are exempt from having to do so under the Selective Service Law. You may register or check the status of your registration by visiting the Selective Service website at .This position is in the bargaining unit.Effective January 1, 2010, OPM must authorize any employment offers we make to current or former (within the last 5 years) political Schedule A, Schedule C, or Non-career SES (political) employees in the executive branch. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, or Non-career SES employee in the executive branch, you must disclose that to the point of contact listed on this vacancy announcement.The Fair Chance Act: In accordance with the Fair Chance to Compete for Jobs Act of 2019 (Fair Chance Act), 5 U.S.C. Sec. 9202, and 5 C.F.R. Part 920, the National Credit Union Administration (NCUA) may not request, in oral or written form, that an applicant for employment disclose criminal history record information before the NCUA makes a tentative offer of employment, absent an exception. Complaints that the NCUA violated the Fair Chance Act must be submitted to or to the Office of Human Resources, Employee Relations, National Credit Union Administration, 1775 Duke Street, Alexandria, VA 22314 within 30 days from the agency’s alleged non-compliance with the Fair Chance Act.Illegal drug use by individuals working for or on behalf of the federal government, whether on duty or off duty, is contrary to the efficiency of the service and in direct violation of the Controlled Substance Act and the Drug-Free Workplace Act.NCUA IS A COMPETITIVE SERVICE FEDERAL AGENCY.NCUA uses E-Verify, a web-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about , including your rights and responsibilities.More than the number of positions listed may be filled through this vacancy announcement.

• Benefits

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. .

Expected salary

$136954 – 215019 per year

Location

Salt Lake City, UT

Job date

Thu, 09 Jan 2025 00:58:46 GMT

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