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 Auditor position today!

  • 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 Auditor you will:
Participate in the audit planning process a using agreed upon evaluation procedures established by management and in accordance with professional auditing standards.
Identify hard to value assets to be reviewed by the Accounting and/or Valuation Specialist.
Analyze financial related information for the purpose of testing/determining fair market value of plan assets and liabilities.

QUALIFICATIONS REQUIRED: Back to top You may start at $89, 924.00 (GS-13) if you possess the following by the closing date of the announcement:

In order to qualify for the auditor position at the GS-13 level, applicants must meet the education and specialized experience qualification requirements:
Education Requirements : A course of educational study as described below: A degree in accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting and/or auditing. This requirement of 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.")
OR A combination of education and experience encompassing at least 4 years of experience in accounting, or an equivalent combination of accounting or auditing experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:
1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
3. Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting or auditing, the applicant's education, training, and experience fully meet the specified requirements.
Specialized Experience Requirements: Applicants must possess at least one year of specialized experience at or equivalent to the GS-12 grade level in the Federal service that demonstrates experience with pension plans within public accounting, banking, insurance; conducting and executing plan audits to ensure evaluation procedures are adequately and accurately documented in work papers in accordance with professional auditing standards, procedures, and requirements. Examples of the types of plan assets being evaluated include cash, cash equivalents, stocks, bonds or other easily observable assets.

All requirements must be met by midnight EST by the closing date of this vacancy

HOW YOU WILL BE EVALUATED: Category Rating is being used for this position. You will respond to a series of questions designed to assess your possession of the Knowledge, Skills, and Abilities (KSAs) below. Be sure that your resume contains accurate and sufficient information that clearly supports your responses to all of the questions. Your responses to the questions must be substantiated by your resume and/or supporting documentation. If you exaggerate or falsify your experience, education and/or your responses to questions, your ratings will be changed and you may be removed from employment consideration.
The KSAs for the position are:

1) Skill in auditing and accounting principles and techniques to review defined-benefit pension plans.
2) Skill in how to value observable assets commonly held by large pension plans.
3) Skill in identifying financial instruments often found in pension plans to determine issues related to potential claims.
You will be placed in one of the following categories based on your vacancy question responses- 1) Gold; 2) Silver; 3) Bronze.
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:!benefits.hms?orgId=5&jnum=25218

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 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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