JOE - December 2013

 
Office of the Comptroller of the Currency
Risk Analysis
Economics
Financial Economist
 
Position Title/Short Description
Title: Financial Economist
Section: 5 -- Full-Time Nonacademic
Location: Washington, DC, DC, USA
JEL Classifications:
C1 -- Econometric and Statistical Methods and Methodology: General
C5 -- Econometric Modeling
G1 -- General Financial Markets
G2 -- Financial Institutions and Services
Salary Range: $83,591-$182,428.

JOE ID Number: 201312_399399

Print This Page Back to Listings

Full Text of JOE Listing:
The OCC charters, regulates, and supervises all national banks, federal branches, and agencies of foreign banks and federal savings associations. The OCC's Risk Analysis Divisions (RAD) have openings for financial economists who have strong statistical and econometric background and have (or are interested in developing) modeling expertise in credit risk, market risk, or enterprise risk that includes one or more of the following areas: credit scoring, portfolio credit risk, regulatory capital models, economic capital models, enterprise-wide stress testing, derivatives trading, asset liability management, market and counter party risk management, asset securitization and stress testing, as well as expertise in quantitative statistical and mathematical modeling. To learn more about RAD staff,go to: http://www.occ.gov/topics/economics/ecomomics-staff/index-economics-staff.html.

Job Qualifications: At the senior level, the successful candidate will have a demonstrated expertise in credit, market, or enterprise risk modeling as evidenced by a substantial publication record and/or significant financial industry experience in related areas. At the junior level, candidates will have a demonstrated interest in developing credit, market, or enterprise risk modeling expertise and strong statistical and econometric background as evidenced by completed scholarly research work in related areas and a firm expectation of defending their Ph.D. in Economics, Finance, Statistics, or related field by summer 2014, or an equivalent combination of education and industry experience. The successful candidate will be expected to maintain an active research agenda and to stay current on modeling skills and expertise, and to participate in bank exams reviewing banks'quantitative risk models providing advice to national bank examiners, policy makers and to bankers on model appropriateness and accuracy, and on model risk management principles and practices. The job requires some overnight travel.

Position Requirement: Candidates must be US citizens or permanent residents.

Salary and Benefits: The Office of the Comptroller of the Currency is among the top places to work in the federal government. We offer performance-based annual merit pay increases and merit bonuses designed to reward employees for excellent performance. The Salary range for Financial Economists (at the NB V.2 level) is $83,591 to $155,630 per year and for Senior Financial Economists (at the NB VI level) $98,176 to $182,428 per year. We offer comprehensive and generous benefits package including a wide choice of subsidized health insurance plans, free OCC dental and vision insurance, a pension plan where OCC contributes 11.9% and defined contribution plans where OCC matches up to 10% of salary. To learn more about OCC-specific benefits,go to: http://www.occ.gov/about/who-we-are/careers/benefits.html, and about Federal benefits programs, http://www.opm.gov/healthcare-insurance/guide-me/new-prospective-employees/
Application Instructions:

Applicants should provide the following documents: a cover letter indicating your US citizenship or permanent resident status, current vita, and research paper. Please email your application material to Lori.Senft@occ.treas.gov. We will be interviewing at the ASSA meetings in Philadelphia. If you are interested in arranging an interview at the ASSA meetings, please indicate it in your cover letter.

Online Application URL: http://www.occ.gov

Note: This employer requires online Application.
Email for Applications: Lori.Senft@occ.treas.gov
FAX for Applications: 571-293-4278
Informational URL: http://www.occ.gov


For more information, email: Lori.Senft@occ.treas.gov
For more information, phone: 202-649-6672

Print This Page Back to Listings


Job Openings for Economists (JOE)

About JOE

Submit a Listing (Employer Access)

JOE Email notification alert

Follow JOE on Twitter!

Contact Us