Credit Union Examiner
National Credit Union Administration - Orlando, FL

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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.

This position receives on-the-job training as a field examiner. The training assignments prepare you to manage, supervise and conduct examinations for a district of federal and federally-insured state credit unions.
This position is in a bargaining unit.

KEY REQUIREMENTS

You must be a U.S. Citizen.

Position requires travel more than 50% of the time.

Suitable adjudication of background/Security Investigation is required.

Relocation expenses are not authorized.

A probationary period is required.

Mobility Agreement and Financial Disclosure statement are required.

DUTIES:
Serves in a developmental position with assignments/training directed toward providing the capability of eventually performing the full scope of Credit Union Examiner duties. Works under the close supervision of the Supervisory Examiner who oversees on-the-job training, furnishes advice and is available for consultation. Completes on the job training including an initial overview of basic examination work methods, techniques and procedures, the financial principals and operating practices normally used, reading assignments pertaining to the laws, regulations, policies and directives which govern the operation of federal and federally insured credit unions. Plans, conducts, and completes examinations of federally chartered and federally insured credit unions. Obtains and protects confidential credit union data. Analyzes credit union data to detect financial trends and identify areas of examination concentration.

QUALIFICATIONS REQUIRED:
For the Grade 7: One full year of specialized experience equivalent to CU/GS-05 level 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. This experience must have included preparing or analyzing financial statements and posting and/or balancing general ledger accounts in accordance with Generally Accepted Accounting Principles (GAAP) and auditing work involved with examination and appraisal of financial records or statements for completeness and internal accuracy in accordance with Generally Accepted Auditing Standards. Examples of qualifying experience include: responsible work at a financial institution that required analyzing financial statements or analyzing and recommending action on loan applications; examination or audit of a credit union or a financial institution; responsible accounting or auditing work involved with examination and appraisal of financial records or statements for completeness and internal accuracy.

For the Grade 9: One year of specialized experience equivalent to CU/GS-07 level 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. This experience must have included assignments involved in the examination and auditing of credit unions or financial institutions through detailed examinations of accounting documents to verify accuracy of computations and to ascertain that all transactions are properly supported and are in accordance with pertinent laws and regulations. Examples of qualifying experience in planning, conducting and completing examinations and audits of financial institutions include assisting in: analyzing current and potential financial condition to determine financial soundness and level of risk; appraising quality of management, assuring compliance with law and regulation, and determining level of risk; identifying, determining causes, and evaluating areas of concern, risks, inefficiencies, and violations of law and regulation; resolving conflicts, making recommendations for correcting areas of concern, and developing a plan of action to control or reduce risks and prevent significant losses such as modifying the accounting systems, revising underwriting standards, and improving management information systems, reporting systems, and internal controls.

For the grade 11: One full year of specialized experience equivalent to the GS/CU-09 level which included responsibility of performing examining/auditing operations for a financial institution; and experience reviewing internal controls for a business or other organization to determine risk exposure.

To qualify for the CU-07 position based on education, you must meet one of the following qualification requirements: Completion of a full 4-year course of study leading to a bachelor's degree or higher degree in Economics, Accounting, Business, Business Administration, Finance, Marketing, or other directly related business field. This education must have included 6 Semester Hours of course work in Accounting (or equivalent courses) and 3 Semester Hours of course work in Introductory Auditing (or an equivalent course) for a total of 9 Semester Hours that provided instruction in the following: A. Basic accounting concepts and theories and the essentials of the accounting process (i.e., income determination and financial position; a fundamental understanding of the general ledger and subsidiary ledgers; evaluation of adjusting, closing, and correcting entries; analysis of financial statements and bank statement reconciliation; understanding of accrual and cash methods; awareness of Generally Accepted Accounting Principles); AND B. External financial reporting with emphasis on balance sheet valuations and their relationship to income determination; AND C. Principles of finance and their application to typical financial problems of business enterprises such as the measurement and disclosure problem associated with cash, receivables, fixed assets, and intangibles. Special emphasis on financial analysis, management of working capital, cost of capital, capital budgeting, long-term financing, dividend policy, and internal financing; AND D. Fundamental auditing concepts, such as, internal controls, separation of duties, independence of judgment, and verification of accounts; awareness of Generally Accepted Auditing Standards. In addition to the above degree/course work requirement, you must also meet ONE of the following which indicates Superior Academic Achievement:

Class standing: Upper third of the graduating class of the college, university, or major subdivision, such as College of Liberal Arts or the School of Business Administration, based on the completed courses.

Grade point average: A grade point average of (a) 3.0 or higher out of a possible 4.0 as recorded on the official transcript or as computed based on four years of education, or computed based on courses completed during the final two years of the curriculum; or (b) 3.5 or higher out of a possible 4.0 based on the average of the required courses completed in the major field or the required courses in the major field completed during the final two years of the curriculum. Grade point averages will be rounded to one decimal place. For example, 2.95 = 3.0.

Election to membership in a National Scholastic Honor Society: Applicants may be considered eligible based on membership in one of the national scholastic honor societies. Freshman scholastic honor societies cannot be used to meet the requirements of this position.
OR
One full year (18 semester hours) of graduate education in an accredited college or university in accounting, business, business administration (MBA), finance, marketing, economics or other directly related field. This education must have included or been supplemented by 6 Semester Hours in Accounting (or equivalent courses) and three hours in Introductory Auditing (or equivalent course) for of total 9 Semester Hours. These courses may have been at the graduate or undergraduate level and must have included course work that provided instruction as indicated in "d" above
To qualify for the CU-09 position based on education, you must meet one of the following qualification requirements: Completion of two full academic years of progressively higher level graduate education, or a master's degree in an accredited college or university in fields such as accounting, business, business administration (MBA), finance, marketing, economics or other directly related academic field. This education must have included or been supplemented by 6 Semester Hours in Accounting (or equivalent courses) and 3 Semester Hours in Introductory Auditing (or an equivalent course) for a total of 9 Semester Hours. These courses may have been at the graduate or undergraduate level and must have included course work that provided instruction in the following: A. Basic accounting concepts and theories and the essentials of the accounting process. For example, income determination and financial position; a fundamental understanding of the general ledger and subsidiary ledgers; evaluation of adjusting, closing, and correcting entries; analysis of financial statements and bank statement reconciliation; understanding of accrual and cash methods; awareness of Generally Accepted Accounting Principles; AND B. External financial reporting with emphasis on balance sheet valuations and their relationship to income determination; AND C. Principles of finance and their application to typical financial problems of business enterprises such as the measurement and disclosure problem associated with cash, receivables, fixed assets, and intangibles. Special emphasis on financial analysis, management of working capital, cost of capital, capital budgeting, long-term financing, dividend policy, and internal financing; AND D. Fundamental auditing concepts, such as, internal controls, separation of duties, independence of judgment, and verification of accounts; awareness of Generally Accepted Auditing Standards.
OR
CERTIFICATION Possession of a certificate as a Certified Public Accountant, obtained through written examination in a state, territory, or the District of Columbia.
To qualify for the CU-11 position based on education, you must meet one of the following qualification requirements: You must have successfully completed 3 full academic years of progressively higher level graduate education or Ph.D or equivalent doctoral degree. Such education must demonstrate the knowledge, skills and abilities necessary for successful job performance in the position to be filled; and include at least 6 semester hours of course work in Accounting or equivalent courses.

COMBINATION OF EDUCATION AND SPECIALIZED EXPERIENCE Completion of an equivalent combination of acceptable graduate level education and experience as described above sufficient to equal 100% of the job requirements.

NOTE: Alternative Method To Meet Auditing Experience/Education Requirement: For applicants who do not possess the required auditing experience/education, NCUA will allow applicants an opportunity to complete the 3 Semester Hours of course work in Introductory Auditing (or equivalent course) within 10 months after beginning employment at NCUA. This auditing course must provide instruction in the fundamental auditing concepts such as internal controls, separation of duties, independence of judgment, and verification of accounts; awareness of Generally Accepted Auditing Standards. The NCUA agrees to fund this course, if needed. Failure to successfully complete this course requirement within the required time period is cause for termination of employment at NCUA. The appropriate Regional Director may approve a waiver to extend the 10-month requirement (not-to-exceed a total of 18 months). Decisions are made on a case-by-case basis.

You must meet the qualifications for this position by the closing date of this announcement. 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. Professional knowledge of the principles, theories, and practices of accounting and auditing as applied to financial institutions. 2. Knowledge of business theory sufficient to understand how credit unions function. 3. Demonstrated ability to evaluate financial statements. 4. Demonstrated ability to produce a written examination report in an understandable format. 5. Demonstrated ability to communicate verbally to obtain requested information, and to persuade others to make changes. 6. Demonstrated ability to plan, organize, and manage work processes by initiating work and by operating independently.

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.

BENEFITS:
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.

Explore the major benefits offered to federal employees at https://www.opm.gov/Insure .

If selected, you must complete a Financial Disclosure Form 450.

OTHER INFORMATION:
If you are selected for this position at the CU-07, CU-09 or CU-11 you may be non-competitively promoted to the next level through CU-12 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 Local Pay Rate (LPR) which includes a locality rate of 10.32 percent for the Orlando, FL geographical area.

NCUA IS A COMPETITIVE SERVICE AGENCY.

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