About the Agency
PBGC is seeking a highly motivated person to lead a multidisciplinary team of professionals within the Pension Benefit Guaranty Corporation’s Office of Inspector General (OIG) and serve as the Inspector General. If you want an opportunity to have a positive impact on government, please consider applying to this vacancy announcement.
PBGC is one of the top small agencies in the federal government and is full of great and rewarding opportunities with a dynamic workforce dedicated and committed to its mission. In FY 2013, with an annual budget of approximately $500 million and over 900 employees, PBGC issued $5.5 billion in payments to approximately 850,000 participants in terminated pension plans, collected $3 billion in premiums from more than 24,000 ongoing pension plans, and had over $70 billion in investments under management.
The OIG reports directly to the PBGC’s Board of Directors: Secretary of Labor (Chair), Secretary of Treasury, and Secretary of Commerce. The OIG is headed by the Inspector General and supported by a Deputy Inspector General. The Deputy Inspector General has two direct reports: an Assistant Inspector General for Audit (AIGA) leading the Office of Audit and an Assistant Inspector General for Investigations (AIGI) leading the Office of Investigations.
The OIG provides independent and objective oversight of PBGC’s programs and activities. The OIG conducts audits and evaluations to promote efficiency and effectiveness within PBGC. Among other audits, the OIG oversees the annual financial statement audit conducted by an independent public accounting firm. The OIG also performs investigations to detect and prevent waste, fraud, and abuse and manages the PBGC OIG Hotline. On a semiannual basis, the OIG prepares a report to Congress as required by the IG Act.
- Occasional Travel
- travel: less than 20%
- Recruitment incentives, including relocation, may be authorized for this position, if applicable. If eligible, you may receive a recruitment incentive of up to 25% of your base salary.
- You must be a U.S. citizen.
- You must undergo a personnel security background investigation.
- Selective Service registration required for male applicants, unless exempt.
- 1 year probationary period required unless previously served.
- 1 year supervisory probationary period required unless previously served.
DUTIES: Back to top
As the Inspector General (Auditor),you will be responsible for all aspects of the PBGC’s Office of Inspector General (OIG), including a) establishing overall audit and investigative policies; b) ensuring that work performed by the OIG is accurate, objective, timely, and completed in a professional manner; and c) communicating with key stakeholders (including the PBGC Board of Directors, PBGC management, congressional oversight committees, etc.).
As to audits, the Inspector General (Auditor) oversight duties include:
· developing audit plans and policy objectives;
· determining audit project schedules and workload requirements;
· monitoring the progress, effectiveness and results of audit projects;
· preparing and disseminating audit products to stakeholders and other interested parties;
· coordinating with management in regard to audit follow-up and review of completed OIG recommendations; and
· ensuring that quality assurance procedures are in place to ensure compliance with Generally Accepted Audit Standards and/or Government Auditing Standards.
As to investigations, the Inspector General (Auditor) oversight duties include:
· developing and directing the PBGC’s OIG investigative program, including issuance of subpoenas and conducting interviews;
· detecting and preventing fraud, waste, abuse, and mismanagement in order to ensure the integrity of the PBGC’s programs and personnel, and/or administration of its affairs;
· working with Department of Justice representatives regarding prosecution referrals;
· managing the PBGC-OIG Fraud Hotline, and following up on fraud referrals; and
· ensuring that quality assurance procedures are in place to ensure compliance with Quality Standards for Investigations.
As to management of the OIG operations, the Inspector General (Auditor) duties include:
· developing and administering appropriate policies in the areas of personnel, budget, and procurement;
· supporting recruiting, staff development and compliance with minimum training requirements;
· managing staff performance to include recognizing and rewarding staff contributions, addressing performance issues, and overseeing the staff evaluations process;
· awarding contracts for services and ensuring that contractors working under the auspices of the OIG comply with contractual terms;
· promoting and liaising with the Council of Inspectors General on Integrity and Efficiency (CIGIE), Government Accountability Office (GAO), Office of Management and Budget (OMB), and other federal OIGs, as necessary;
· ensuring that appropriate quality assurance procedures are in place and that required peer reviews are conducted in a timely manner; and
· issuing required external reports, including Semiannual Reports to Congress, in a timely manner.
QUALIFICATIONS REQUIRED: Back to top
All qualification requirements must be met within 30 days of the closing date of this announcement. Applicants selected for employment will be required to complete a public financial disclosure form (Form 278). Applicants selected for employment will be required to complete an OF-306, Declaration for Federal Employment.
The following is required for all Auditor positions. See the “How to Apply” section for more information on how and what to submit to verify that you meet this requirement.
A. Degree : A degree from an accredited college or university 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. The 24 hours may include up to 6 hours of credit in business law; OR
B. Combination of Experience and Education: At least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. Your background must also include one of the following:
* Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law; or * A certificate as a Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or * Completion of the requirements for a degree that included substantial coursework 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) you have 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 you 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, your education, training, and experience fully meet the specified requirements.
In order to qualify for this position you must also possess the following within 30 days of the closing date of the announcement: One year of specialized experience at or equivalent to the GS-15 grade level overseeing financial-related audits or investigations (or a combination thereof), of a financial institution, government agency, or corporation. Examples of experience include any of the following: directing and overseeing financial statement audits using generally accepted auditing standards (GAAS) or Yellow Book Standards; directing and overseeing financial-related and performance audits based on internal auditing standards or Yellow Book Standards; overseeing investigations of fraud, waste, or abuse.
Specialized experience does not include non-financial audits or investigations (i.e. audits or investigations related to program operations, real estate, equipment/inventory, systems, safety, technical/engineering, sexual assault, subsidies, and/or security).
Note: Experience with the Employee Retirement Income Security Act (ERISA) is desired but not required. In addition, status as a Certified Public Accountant (CPA) is highly desirable, but not required. The following certifications are also desirable: Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), Certified Information Systems Auditor (CISA), Certified Government Auditing Professional (CGAP), Certified Information Security Manager (CISM), and Certified Information Systems Security Professional (CISSP).
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 in managing, developing, directing, and implementing an internal audit function or Office of Inspector General in compliance with the IG Act of 1978, as amended, or a subset thereof (i.e., Office of Audit, Office of Investigations, etc.).
2) Skill in interpreting and applying criminal and non-criminal investigative laws, polices, procedures and techniques (e.g., Federal Rules of Criminal Procedures, Federal Rules of Evidence, etc.).
3) Skill in supervising and directing staff in the conduct of an audit or an investigation and related follow-up activities.
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.
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BENEFITS: Back to top
You can review our benefits at:
Visit Federal Employee Benefits for information on the major benefits offered.
To be considered under a special hiring authority such as the Schedule A appointing authority for persons with disabilities ; 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.email@example.com. 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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