You must meet the basic education requirements for this position plus the specialized experience required for this position.
Basic Requirements: Degree: Economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR Combination of education and experience -- courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education. 1. Examples of qualifying experience include: (a) individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation; (b) supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or (c) teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1)personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems. 2. Experience in related fields that did not involve the use and understanding of economic principles and theories may not be used as qualifying experience for these positions. Special attention on this point should be given to certain types of work that may or may not have provided professional economic experience. The following examples of work require special care in such determinations: (a) economic statistics; (b) industrial surveys; (c) management of individual business enterprises, including farms; (d) industrial planning; (e) writing or editorial work in economic subjects; and (f) financial market analysis. The education must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education
In addition to the above basic education requirements, you must meet the following:
Specialized Experience: You must have at least one year of specialized experience performing Economist functions equivalent to the CN-60 level (For qualification purposes, the CN-60 is broadly equivalent to the GS-14) that equipped you with the particular knowledge, skills, and abilities to successfully perform the duties of this position.
Specialized experience is defined as: Economist experience using expert knowledge formulating, planning, and guiding economic study assignments covering consumer decision making or behavior, consumer product markets, or consumer financial markets involving significant breadth of responsibility forming a pattern within, and exercising control over, major special studies or continuing projects in two or more continuing program areas of great significance; or expert level economist experience with assignments covering consumer decision making or behavior, consumer product markets, or consumer financial markets of significant depth rather than breadth with responsibility for formulating and guiding major research attacks on problems of great difficulty and critical importance in a continuing area of economic activity. Experience requires expert knowledge of quantitative and qualitative methods and techniques and the development and use of econometric models. This position requires expert professional economist knowledge through experience conducting studies on consumer decision making or behavior, consumer product markets, or one or more of the following consumer financial markets: consumer mortgage and home-equity financial markets, consumer credit and pre-paid card markets, the consumer payday loan industry, student loan markets, credit information markets, or consumer banking markets.
The experience may have been gained in either the public or private sector. One year of experience refers to full-time work; part-time work is considered on a prorated basis.
Your application includes your:
2. Responses to the online questions,
3. Required supporting documents;
4. Cover letter (optional). Note: If a cover letter is submitted, it may be used to assess your qualifications.
We use a multi-step process to evaluate and refer applicants:
1. Minimum Requirements: Your application must show that you meet all requirements, including the education and/or experience required for this position. You may be found "not qualified" if you do not possess the minimum competencies required for the position. If your application is incomplete, we may rate you as ineligible.
2. Rating: Your application will be evaluated by a Panel of Subject Matter Experts (SME) based on the following competencies:
- Knowledge of economic, statistical, and/or econometric analytic techniques that are appropriate for conducting research and policy analysis on household finance and behavior, consumer financial firms or markets, or other areas relevant to the mission of the bureau.
- Ability to initiate, develop and carry out original and innovative economic research or projects.
- Ability to communicate effectively and persuasively with a broad range of influential internal and external contacts.
If selected for an interview, you will be required to provide and discuss a research paper that you have authored. Category rating procedures will be used to rank and refer eligibles. Based on the review of your application by a panel of Subject Matter Experts, you will be assigned a score. Your score will determine in which of the three categories you will be placed: Categories A, B, or C. Under this process, veterans will be assigned to the appropriate category (without additional preference points) and then placed at the top of their category. Review your resume and responses carefully. A human resources representative will validate the qualifications of those candidates eligible to be referred to the selecting official. Your resume will be among the factors used in setting your pay, should you be made an offer of employment. Please ensure that it fully describes your experience as it relates to the position for which you are applying.
3. Referral: If you are among the top qualified candidates, your application will be referred to a selecting official for consideration and possible interview. If you are a displaced or surplus Federal employee (eligible for the Interagency Career Transition Assistance Plan (ICTAP)), you must be rated in Category B, or higher, in order to be considered as well-qualified to receive special selection priority.