Federal Deposit Insurance Corporation logo

Student Trainee (Economist), CG-0199-04 FPL 5 (NTE 1 Year)

Federal Deposit Insurance Corporation

MULTIPLE LOCATIONSFull-time$41–52K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$41–52K/yr
Location
MULTIPLE LOCATIONS
Role Type
Internship
Schedule
Full-time
Work Authorization
US work authorization required

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Job overview

The Division of Insurance and Research seeks a student trainee economist to conduct financial and economic research, compile data using spreadsheet, database, and mapping tools, prepare draft summaries, present findings, and maintain office files, while meeting citizenship, selective service, and graduation requirements.

Skills & qualifications

RequiredNice to have

Skills

Financial ResearchEconomic ResearchSpreadsheetDatabasePresentation SoftwareMapping SoftwareDesign SoftwareReport GenerationOral PresentationWritten Communication

Qualifications

U.S. CitizenshipNational Agency Check Investigation (NACI)Registration With the Selective ServiceGraduation Date May 2027 or LaterGPA 2.5 or HigherTwo Full Academic Years Post-High SchoolAssociate DegreeOne Year General Experience in Clerical or Office Work

Full job description

Summary The Division of Insurance and Research (DIR) provides the public with a sound deposit insurance system by: providing comprehensive statistical information on banking; identifying and analyzing emerging risks; conducting research that supports sound deposit insurance, banking policy, improved risk assessment, and consumer protection; and assessing the adequacy of the deposit insurance fund and implementing an effective and fair risk-based premium system. Internship will begin Fall 2026. Responsibilities At the full performance level of the position, the duties are as follows: Performs research and compiles financial and economic information. Uses various computer software (e.g., spreadsheet, database, presentation, mapping, design, and economic) to extract data and generate reports. Prepares draft summaries of financial and economic research data on existing and emerging issues. Presents draft research findings orally and in writing to staff. Maintains and updates various office files to include work papers, data files, and records. Requirements Conditions of Employment Registration with the Selective Service. U.S. Citizenship is required. Employment Conditions. National Agency Check Investigation (NACI) required. Must sign pathways agreement if selected. Must provide official transcripts if selected. Must have a graduation date of May 2027 or later. Qualifications Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious/spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Additional qualifications information can be found here. (CG-04) Applicants must have completed: - two (2) full academic years of post-high school study or obtained an associate's degree; OR - one (1) year of general experience in clerical, office, or other work responsibilities, demonstrating the ability to acquire the particular knowledge and skills needed to perform the duties of the position to be filled; OR - a combination of education and experience: equivalent combinations of successfully completed post-high school education and experience may be used to meet total experience requirements. Combination of Education and Experience - Your current education completed is credited as a percentage of the education required for the grade level and your current experience is credited as a percentage of the total experience required for the grade level. The two percentages are added and must equal 100% in order to qualify for the desired grade level. Note: An academic year of undergraduate education is defined as 30 semester hours, 45 quarter hours, or the equivalent in an accredited college or university. One full academic year of study (30 semester hours) beyond the second year is equivalent to 6 months of specialized experience. Education A participant must be accepted for enrollment or are enrolled and seeking a degree (diploma, certificate, etc.) in a qualifying educational institution or accepted for enrollment or enrolled in a qualifying career or technical education program that awards a recognized postsecondary credential (such as a Registered Apprenticeship Program, Jobs Corps, AmeriCorps, and Peace Corps) on a full or half-time basis; have at least a cumulative (overall) 2.5 grade point average; and remain in good academic standing. Additional Information FDIC employees work full-time in the office in collaboration with other staff at the location for which they are hired. The duty location is determined upon selection. All selectees must sign an FDIC Pathways Internship Participant Agreement. To read about your rights and responsibilities as an applicant for Federal employment, click here. If selected, you may be required to serve a trial period. Interns will be offered a salary at the base pay for the grade in which they are qualified and selected. The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 18.97% to a high of 51.75%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here. The total salary for each location including base pay and locality is as follows: Atlanta, GA $42,352 | San Francisco, CA $51,918 | New York, NY $47,922 | Washington, DC $45,825 | Kansas City, MO $40,703 This appointment may be extended if interns continue to meet all educational and pathways requirements. Additional selections may be made from this vacancy announcement to fill similar vacancies that occur subsequent to this announcement.

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