Financial Analyst (Financial Analyst III)

Bureau of the Fiscal Service

$85K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial analysis or related fields
  • Experience with risk-focused financial examinations
  • Knowledge of managing or developing internal controls
  • Experience in financial compliance for various organizations
  • Strong analytical skills to assess complex financial reports

Responsibilities

  • Develop and implement frameworks for financial analysis of insurance companies
  • Evaluate financial conditions considering economic and technological changes
  • Establish and maintain industry contacts for up-to-date information
  • Perform detailed financial analyses of corporate insurance companies
  • Mentor and train lower-graded specialists in financial and policy analysis

Benefits

  • Challenging work with opportunities for advancement
  • Eleven paid holidays and 13 to 26 days of vacation time per year
  • Wide choice of health insurance plans, with significant premium coverage
  • Retirement program with employer-matching contributions
  • Student loan repayment may be available
Full Job Description
Summary

PLEASE NOTE: Based on the current hiring restrictions, selectees may be subject to additional approvals prior to an offer being extended.

This position is located at Bureau of the Fiscal Service, Special Assets and Liabilities Division. As a Financial Analyst, you will develop, execute, and evaluate policies, plans and techniques relating to the financial analysis methodology relating to the qualification and renewal of approved companies to act as acceptable sureties on Federal bonds.

Duties

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As a Financial Analyst (Financial Analyst III), you will:

  • Assist in developing, implementing, and evaluating the framework necessary to perform the financial analysis relating to the financial condition of insurance companies applying for and currently holding Treasury Certificates of Authority as acceptable sureties on Federal bonds and Treasury approved Admitted Reinsurers.
  • Assist in the continuous development, implementation, and evaluation of the financial analysis framework to ensure certified companies, admitted reinsurers and new applicants have met the financial soundness criteria in light of the following: (a) technological advancements, (b) changing economic conditions, (c) changing industry practices/policies and (d) budgetary constraints.
  • Establish contacts with various entities impacting the surety and insurance industries to ensure the Surety Bond Program is kept informed of the most current developments within the insurance industry.
  • Perform financial analyses of low, moderate and high risk corporate insurance companies, which involve detailed analysis of complex financial reports, transactions and activities that can potentially mask deteriorating financial conditions.
  • Serve as a mentor and guide for lower graded level specialists providing applicable training in financial analysis, policy analysis/research and regulatory compliance.


Requirements

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Conditions of employment

  • All newly appointed employees to the competitive (or excepted) service are subject to a probationary (or trial) period. During this time, your performance, conduct, and suitability for continued employment will be evaluated. You will not automatically convert to permanent status at the end of the probationary (or trial) period. Your supervisor must affirmatively determine that continued employment is in the best interest of the Federal service. If no certification is made before the probationary (or trial) period ends, your appointment will be terminated. You are encouraged to actively engage with your supervisor, seek feedback, and understand role expectations. Additional guidance and support will be provided during onboarding.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • Obtain and use a government-issued charge card for business-related travel.


Key Requirements:

  1. Please refer to the "Additional Information" section for additional Conditions of Employment.
  2. Click "Print Preview" to review the entire announcement before applying.
  3. Must be U.S. Citizen or U.S. National


Qualifications

You must meet the following requirements by the closing date of this announcement.

The experience may have been gained in either the public, private sector or volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your résumé.

Specialized Experience for the GS-13, you must have one year (full 52 weeks) of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience for this position is defined as:

  • Reviewing and performing risk-focused financial examinations to determine solvency and regulatory compliance for financial institutions; AND
  • Experience managing, leading or assisting in developing, testing or analyzing internal controls for publicly traded companies, private companies, non-profit entities, or state/local/federal government agencies.


Education

Additional information

OTHER INFORMATION:

  • We may select from this announcement or any other source to fill one or more vacancies.
  • Factors such as cost effectiveness, labor market conditions and difficulties in filling the position will be reviewed in determining if payment of relocation expenses is in the best interest of the Government.
  • This position is a Non-Sensitive High Risk Public Trust position.
  • Student loan repayment may be offered.
  • We offer opportunities for telework.
  • We offer opportunities for flexible work schedules.
  • This position requires that the successful candidate undergo personnel vetting, which includes a background investigation and enrollment upon onboarding into "Continuous Vetting." Enrollment in Continuous Vetting will result in automated record checks being conducted throughout one's employment with Treasury. The successful candidate will also be enrolled into FBI's Rap Back service, which will allow Treasury to receive notification from the FBI of criminal matters (e.g., arrests, charges, convictions) involving enrolled individuals in near real-time. For more information about individual rights, Noncriminal Justice Applicant's Privacy Rights - FBI, FD-258 Privacy Act Statement - FBI, and SEAD-3-Reporting-U.pdf (dni.gov).


Our comprehensive benefits are very generous. Our benefits package includes:

  • Challenging work, opportunities for advancement, competitive salaries, bonuses and incentive awards.
  • Eleven paid holidays, 13 days of sick leave, and 13 to 26 days of vacation time each year.
  • Access to insurance programs that may be continued after you retire.
  • A wide choice of health insurance plans, coverage for pre-existing conditions, and no waiting periods. We pay a substantial amount (up to 75%) of the health insurance premiums.
  • A retirement program which includes employer-matching contributions.


Reasonable Accommodation (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended and Americans with Disabilities Act 1990 as amended, that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments, if you received the link after the close of the announcement. To determine if you need a RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments.

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Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

Benefits

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A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.

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