Economist
Pension Benefit Guaranty Corporation - Washington, DC

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About the Agency

Marketing Statement:

The Pension Benefit Guaranty Corporation has a distinguished and important mission in protecting America's pensions. At PBGC, you will use your skills in accounting, auditing, business, finance, law, actuarial science, or information technology and more, to protect the retirement income of nearly 44 million hardworking Americans. Our work is challenging, compelling, and important. Whatever your background or expertise, you will find your future at PBGC exceptionally rewarding because the work you perform will have a daily impact on the lives of relatives, friends and neighbors. It will be like no other career choice you have explored.

We are counting on bright, talented and dedicated individuals like you to achieve our goals. You will be both challenged and supported, so whether you are just starting out or looking for new opportunities, consider PBGC and start making a difference today!

If you are interested in a challenging career with great benefits, training, and strong growth potential, we strongly encourage you to apply for the Economist position today!

CONCURRENT ANNOUNCEMENT: THIS POSITION IS ALSO BEING ADVERTISED UNDER MERIT PROMOTION PROCEDURES UNDER ANNOUNCEMENT NUMBER PRAD-2014-0004. IF YOU WISH TO BE CONSIDERED UNDER THAT ANNOUNCEMENT, YOU MUST APPLY.

TRAVEL REQUIRED
  • Not Required

RELOCATION AUTHORIZED
  • No

KEY REQUIREMENTS
  • You must be a U.S. citizen.
  • You may undergo a personnel security background
    investigation.
  • Selective Service registration required for male applicants, unless exempt.
  • 1 year probationary period required unless met during prior Federal service
  • Applicants selected for employment will be required to complete an OF-306.
  • Travel: less than 10%

DUTIES: Back to top As an Economist in the Policy, Research and Analysis Department you will:

GS-12
Conduct and support special reviews, studies and analyses of potential future outcomes for the financial condition of PBGC and the defined benefit pension system.
Participate in meetings with senior level PBGC officials, representatives of the Board of Directors, Congressional staff, representatives from Labor, Treasury and Commerce Departments, other Federal agencies, and members of the pension community to provide various economic and pension plan analyses, data and statistics.
Assist in developing a plan of organizing and integrating economic and statistical data from the varied sources.

GS-13
Conduct and support special reviews, studies and analyses of potential future outcomes for the financial condition of PBGC and the defined pension system and of important economic, policy and legislative factors affecting those outcomes.
Participate in meetings with senior level PBGC officials, representatives of the Board of Directors, Congressional staff, representatives from Labor, Treasury and Commerce Departments, other Federal agencies, and members of the pension community to provide complex economic and pension plan analyses, data and statistics.
Assist in developing a complex plan of organizing and integrating economic and statistical data from the varied sources.
If this position is filled at a level below the full performance level, you may be promoted without further competition.

QUALIFICATIONS REQUIRED: Back to top All qualification requirements must be met by the closing date of the announcement.

All Economist positions require the following by the closing date of the announcement: (A PH.D IS PREFERRED BUT NOT REQUIRED)

A. Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.

OR

B. A combination of education and experience -- courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education.

You may start at $75,621 if you possess the following in addition to the degree requirement above:

GS-12

At least one year of specialized experience at or equivalent to the next lower grade level (GS-11) using current economic theory and statistical and econometric methods for conducting research and preparing analyses; developing economic models; and organizing and integrating economic and statistical data from varied information sources (e.g., Federal Government, commercial sources and nonprofit organizations).

You may start at $89,924 if you possess the following in addition to the degree requirement above:

GS-13

At least one year of specialized experience at or equivalent to the next lower grade level (GS-12) that has equipped the applicant with the particular knowledge, skills and abilities to perform successfully the duties of the position. Specialized experience includes experience in the use of current economic theory and statistical and econometric methods to analyze policy, legislative and regulatory issues (e.g. economic research studies and use of statistical software packages like SAS or Stata to conduct analysis) and experience in the use of large databases.

HOW YOU WILL BE EVALUATED: Category Rating is being used for this position. If you meet the basic qualification requirements, we will further evaluate your resume and cover letter to determine the quality and extent to which your background (experience, education, training, etc.) relates to the following knowledge, skills, and abilities (KSAs):

1) Skill and expertise in conducting and supporting applied economic and financial research, studies and analyses.

2) Skill in explaining complex economic analyses to audiences with varied backgrounds.

3) Ability to organize and integrate economic and statistical data sets.

Based on that evaluation, we will place you in one of the following categories- 1) Gold; 2) Silver; 3) Bronze.

If, after your application has been rated by the Subject Matter Expert, you are found to meet none of the KSAs listed above, you will be placed in the Bronze category.
The Category Rating Method does not add veterans' preference points or apply the "rule of three," but protects the rights of veterans by placing them ahead of non-preference eligibles within each category. Preference eligibles who meet minimum qualification requirements and who have a compensable service-connected disability of at least 10 percent are listed in the highest quality category, except when the position being filled is scientific or professional at the GS-9 grade level or higher. A selecting official may make selections from the highest quality category (Gold) provided no preference eligible in that category is passed over to select a non-preference eligible in that category unless the requirements of 5 U.S.C 3317(b) or 3318(b) are satisfied.
To preview questions please click here .

BENEFITS: Back to top You can review our benefits at: https://jobs.mgsapps.monster.com/pbgc/vacancy/preview!benefits.hms?orgId=5&jnum=25196

OTHER INFORMATION: To be considered under a special hiring authority such as the Schedule A appointing authority for persons with disabilities ; the Veterans' Recruitment Appointment(VRA) authority ; the direct-hire authority to appoint veterans with service-connected disabilities of 30 percent or more ; Peace Corps or VISTA service; or another excepted service/special hire authority, you must submit documentation to support your claim for eligibility with your application package. For more details, visit Federal Hiring Flexibilities .

PBGC encourages qualified applicants with disabilities to apply. Applicants with disabilities who are interested in learning more about job opportunities under the Schedule A Hiring Authority and other available hiring flexibilities and authorities are encouraged to contact PBGC's Selective Placement Program Coordinator, Donald Beasley, at (202) 326-4000 ext. 3637 or Beasley.donald@pbgc.gov. TTY/TDD users should call the federal relay service at (800) 877-8339 and ask to be connected to (202) 326-4000 ext 3637.

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