Office of the Comptroller of the Currency

Position Title/Short Description

Full Text of JOE Listing:

The Retail Credit Risk Analysis Division (RC-RAD), within Economics and Risk Analysis at the Office the Comptroller of the Currency, located in Washington D.C., has openings for financial economists and senior financial economists. The OCC charters, regulates, and supervises all national banks, federal branches, and agencies of foreign banks and federal savings associations. RC-RAD economists serve as advisors to the agency on supervision and banking policy in the areas of consumer credit risk modeling and broader consumer credit research questions related to consumer credit, consumer/household finance, and bank/non-bank financial institutions.

Salary and Benefits: The OCC is among the top places to work in the federal government. OCC employees enjoy all the standard federal benefits plus additional agency-specific benefits and competitive salaries not tied to the traditional government’s General Schedule pay system. We offer a comprehensive and generous benefits package including a wide choice of subsidized health insurance plans, free OCC dental and vision insurance, and a pension plan. To learn more about OCC-specific pay and benefits, go to https://careers.occ.gov/pay-and-benefits/benefit-programs/index-benefit-programs.html and about Federal benefits programs, go to https://www.opm.gov/healthcare-insurance/Guide-Me/New-Prospective-Employees/.

Areas/Skills of Interest: Household/Consumer Finance, Real Estate Finance, Bank/Non-Bank Financial Institutions, Retail Credit Market, Retail Credit Risk, Retail Asset Securitization, AI/Machine Learning, Alternative/Big Data, Climate Risk.

Qualifications: At the junior level, candidates will have a demonstrated understanding in econometrics, household/consumer finance, or bank/non-bank financial institutions, as evidenced by completed scholarly research. At the senior level, the successful candidate will have a demonstrated expertise as evidenced by a substantial publication related to household/consumer finance, bank/non-bank institutions, applied micro-economics and/or significant financial industry experience in the areas of retail credit risk modeling or validation. The successful candidate will be expected to participate on bank examinations reviewing quantitative models used by banks for underwriting, portfolio management, or loss forecasting for reserves, capital, and stress testing as well as maintain an active research agenda and support other policy work. The nature of the work demands strong communication and interpersonal skills.

Position Requirement: Candidates must be U.S. citizens or U.S. nationals.

We are accepting applications for Financial Economists through December 9, 2022. To learn more about the role and to submit an application, please visit: https://www.usajobs.gov/job/689205500.