Invest in your nation's future, make a difference in your community...gain from the experience. At the National Credit Union Administration (NCUA) you're not just a number, working to make quotas or improve the bottom line, you have the opportunity to make a difference. NCUA is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country through the National Credit Union Share Insurance Fund (NCUSIF), a federal fund backed by the full faith and credit of the United States Government.
You will serve as a regional expert on asset liability management (ALM) and investments. The primary purpose of the position are to continually evaluate market conditions, provide expert advice to NCUA regional staff on credit union balance sheet risk, and serve as an analyst handling difficult and complex investments and ALM issues in natural person credit unions.
You must be a U.S. Citizen.
Position requires greater than 50% travel.
Suitable adjudication of background/Security Investigation is required.
A probationary/trial period may be required.
This position is in a bargaining unit.
Relocation expenses are authorized for current NCUA employees only.
DUTY STATION STATEMENT: Negotiable between Philadelphia, Baltimore, Washington, D.C., Pittsburgh, and Newark . If you are a current Region II staff member you will not have to move.
Relocation expenses will be paid by the agency for NCUA employees residing outside Region II states only.
You will assist in the supervision of large complex credit unions and problem credit unions with balance sheet risk issues. In some cases, you may serve as the examiner-in-charge of the most complex credit unions in the region with responsibility for monitoring monthly board minutes and ALM reports. You will develop training material, which includes writing examiner guidance and teaching at all levels of national and regional investment and ALM curriculum; be responsible for periodic macro analysis of the conditions and elements within the region that impact on credit union ALM and investments; develop agency guidance, examination procedures, and regulations to evaluate balance sheet and investment risk; assess risk using sophisticated Bloomberg analytics, OIS pricing tables, call report data, and regional risk reports; and you will answer numerous inquiries from field and office staff, credit unions, and state credit union regulatory agencies.
You must meet the qualifications requirements of this position no later than the closing date of this vacancy announcement. You must have one full year of specialized experience equivalent to the next lower grade level in the federal service. Specialized experience is experience that has equipped the applicant with the particular knowledge, skills, and abilities to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled.
To qualify at the CU-13 level, you must have one full year of specialized experience at the CU/GS-12 level. Qualifying specialized experience is experience conducting financial institutions examinations and making recommendations to resolve issues noted during the examination review and analysis process; AND, experience working in the areas of investment portfolios and asset/liability management (ALM).
For the CU-14 level, you must have one full year of specialized experience comparable to the CU/GS-13 level. Qualifying specialized experience is experience reviewing and making recommendations in the areas of investment portfolios and ALM management, which included investment appropriateness, balance sheet structure, loan/share pricing, and ALM model assumptions/output; experience developing and teaching investment and ALM curriculm at a regional and national level; AND, experience examining financial institutions with diversified balance sheets and assets of at least $500 million.
You cannot qualify for this position based on education. You must have at least one year of specialized experience as described under the "Qualifications" section.
You must meet the qualifications requirements of this position no later than the closing date of this vacancy announcement. You must have one year of specialized experience equivalent to the next lower grade level within the federal service.
KNOWLEDGE, SKILLS AND ABILITIES (KSAs): Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas:
1. Knowledge of the Federal Credit Union Act, federal, state and local laws, credit union regulations, policies and directives which govern the operation of federal and federally -insured credit unions in order to evaluate investments and asset liability practices and procedures for credit unions to determine safety, soundness, suitability and legality.
2. Knowledge of various asset liability management simulations models and techniques, cash management practices, yield spread analysis, and short and long-term investment markets.
3. Ability to use and evaluate the results of the Bloomberg analytics system, other related highly technical evaluation methodology and information obtained from national recognized information providers.
4. Ability to communicate in writing facts, ideas, or conterns in a clear and convinicng manner, tailored to the audience and nature of the information.
5. Ability to explain facts, ideas, problems, or concerns in a clear and convincing manner.
HOW YOU WILL BE EVALUATED:
Your application package will be reviewed for completeness (resume, completed assessment questionnaire, and supporting documentation). You will not be considered if you fail to submit all the required documents as outlined in this vacancy announcement. If you meet the qualification requirements, your application will be placed in one of three categories: Best Qualified, Better Qualified, or Qualified. Within these categories, applicants eligible for veterans' preference will receive selection priority over non-veterans.
Do not overstate or understate your level of experience and capability. You should be aware that your ratings are subject to evaluation and verification.
NCUA participates in all Federal Benefits programs including but not limited to: Leave, Health Benefits, Life Insurance, Retirement Benefits, Long Term Care and Flexible Spending Account.
This position is being filled as a Term Appointment/Temporary Promotion Not-to-Exceed 4 years.
If you are not a current NCUA employee, you will be placed on a Term Appointment for up to 4 years. Your employment will end on the expiration date of the Term Appointment unless you are separated earlier.
Permanent NCUA employees may apply for this Term Appointment and, if selected, will be converted to a Term Appointment. However, employees who convert from permanent status to non-status Term Appointments face termination upon the expiration of the appointment and are not entitled to placement back to former permanent positions.
If you are selected for this position at the CU-13, you may be non-competitively promoted to the next level through CU-14 level provided that you have fulfilled the necessary qualification requirements including any applicable certification processes. Promotion is not automatic and is conditional on demonstrated ability to perform the higher grade level duties, a current written performance appraisal rating of "fully successful" or better, fulfillment of the necessary qualification requirements, and sufficient work at the higher grade level position.
Salary: Pay will be set using NCUA's Compensation policy. The
salary range shown is NCUA's National Pay Rate (NPR). The NPR will increase by
the geographic rate for the assigned duty location.
NCUA IS A COMPETITIVE SERVICE AGENCY.