Director's Financial Analyst Program

ntThe Bureau's Director's Financial Analyst Program is a two-year rotational analyst program that will give a select number of recent college graduates with undergraduate degrees the unique opportunity to work with senior-level executives on some of the most critical issues facing consumer financial markets in the United States.

Responsibilities

This position is located in the Consumer Financial Protection Bureau, Office of the Director. Members of the Director's Financial Analyst Program will experience diverse roles, responsibilities, and areas of expertise. As a result, in a short period of time, analysts will play an integral role in everything the Bureau does, from rigorous data-driven policy creation and market monitoring to on-site supervision of market participants. All analysts will complete developmental rotations in offices throughout the Bureau. These rotations are designed to provide exposure to the analysis, strategy, research, education, policy development, supervision, enforcement, and rule making activities throughout the Bureau.

The following are the duties of this position at the CN-51, broadly equivalent to the GS-11. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.

• Extract data from data stores and perform ad-hoc or periodic queries for use by CFPB staff engaged in research and policy development. Provide feedback and suggestions on the queries and implement improvements.
• Mine data from selected data sources to arrive at specific information to conduct research and analysis of issues relating to consumer finance. Document the analyses performed to ensure that future verification and reproduction of results can take place. Seek out innovative, new sources of data to improve quality of analysis and incorporate them into analysis.
• Determine programming languages, analytical tools, data structures, and data logic to maintain data quality programs.
• Participate in the implementation of segments of new production and data storage systems to support research, inform consumers, guide the supervision of covered persons, and enforce rules relating to consumer financial protection.
• Support internal clients with analytical projects relating to the consumer finance markets and providers. Draft segments of reports, analyses and interpretations of data to CFPB staff to monitor business critical results. Assemble relevant data and other information from internal and external sources, including financial, banking industries, businesses, or regulatory agencies; and from commercial vendors, solving straightforward problems as they arise. Prepare drafts of findings for review by senior specialists.

Requirements:

Key Requirements:

• Must be U.S. Citizen or U.S. National
• A one year probationary period may be required.
• Public Trust - Background Investigation will be required.
• Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
• Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
• If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
• Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
• Report (OGE Form 278e) within 30 days of appointment and annually from then on.

Qualifications

Applicants must meet the following requirements by the closing date of this announcement.

Eligible applicants must be either:

• Current undergraduate students who anticipate graduation between December, 2024 and June, 2025; OR
• Individuals who have earned an undergraduate degree on or after April 1, 2022.

Eligibility Requirement: Applicants must apply within 2 years of completing an undergraduate (BA/BS) degree. An exception to the two years of undergraduate degree completion will be granted to veterans who are precluded from applying within 2 years due to a military service obligation. Veterans who meet this exception will have up to six years from the date they completed their undergraduate degree to participate in the Director's Financial Analyst Program.

AND

2. Candidates must also complete the simulation exercise and be scored by the SMEs at or above the passing grade of 4.
 

Education Requirements:
To qualify at the CN-30, applicants must have completed a 4-year course of study leading to a bachelor's degree with an overall GPA of at least 3.0 (or equivalent); and successful completion of at least 5 courses in any of the following: econometrics, statistics, mathematics, quantitative methods, or finance or similar coursework indicating numeric competency and/or grounded in quantitative analysis. Course work must have prepared the candidate to perform basic statistical techniques such as regression analysis, descriptive statistics, probability distributions, statistical t-tests, confidence intervals, ANOVA, and correlation coefficients.