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Economist

Department of the Treasury
Treasury, Departmental Offices
Office of the Assistant Secretary for Economic Policy, Office of Macroeconomic Analysis
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Summary

This position is located at Departmental Offices, Office of the Assistant Secretary for Economic Policy, Office of Macroeconomic Analysis. As an Economist, you will provide intelligence and research support to senior Treasury officials concerning current and future developments in the U.S. economy that cut across all economic sectors.

Overview

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Hiring complete
Open & closing dates
12/15/2023 to 12/29/2023
Salary
$94,199 to - $172,075 per year
Pay scale & grade
GS 12 - 14
Location
1 vacancy in the following location:
Washington, DC
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
14
Job family (Series)
Supervisory status
No
Security clearance
Not Required
Drug test
No
Announcement number
24-DO-178-DH
Control number
766327800

This job is open to

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Clarification from the agency

U.S. citizens or U.S. Nationals; no prior Federal experience is required.

Duties

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The following are the duties of this position at the GS-14. If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position. As an Economist, you will:

-Analyze and assess the potential impact of U.S. policy shifts or global economic developments on the U.S economy and specific special interests.
-Identify and analyze substantive issues, independently structuring the work to be performed, evaluating the results attained, and recommending potential policy changes.
-Work with other analysts to monitor and assess the significance of emerging economic issues with implications that cut across many sectors of the economy.
-Study highly technical and complex questions assigned by the Office Director, the Deputy Assistant Secretary for Macroeconomic Analysis and the Assistant Secretary for Economic Policy

Requirements

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Conditions of employment

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 resumé.

Key Requirements:
  1. Please refer to "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.

Specialized experience for the GS-14: To be qualified for GS-14 level, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the federal service. This is equivalent to performing the following duties for a minimum of one year:

Conducting independent research into questions of economic significance and using advanced statistical and econometric techniques; AND
Published independent research in peer-reviewed journal articles, doctoral dissertation chapters, or equivalent publications; AND
Planned and implemented applied macroeconomic and/or economic policy-driven modeling; AND
Led intra-office or interagency work groups to study questions of applied macroeconomic and/or economic policy significance; AND
Developed applied economic or policy ideas through the use of economic research.

Specialized experience for the GS-13: To be qualified for GS-13 level, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the federal service. This is equivalent to performing the following duties for a minimum of one year:

Planning, executing, and completing independent economic research projects by using appropriate theoretical models, statistical techniques, and software packages that would suitable for publication in academic journals; AND
Compiling and analyzing macro data sets to construct tables or graphs that capture key findings; AND
Working with macroeconomic data by collection methods or time-series techniques to assess the significance of changes in economic conditions; AND
Communicating effectively, both in written products and orally, to present analysis at interagency policy meetings, policy-oriented workshops outside government, or private-sector consulting projects related to the public sector.

Specialized experience for the GS-12: You must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the federal service. This is equivalent to performing the following duties for a minimum of one year:

Plan and execute independent economic research projects, using appropriate theoretical models, statistical techniques, or software packages, that would be suitable for publication in academic journals; AND
Compile and analyze macroeconomic data sets to construct tables or graphs that capture key findings; AND
Communicate effectively, both in written products and during oral presentations.
OR
A related Ph.D. or equivalent doctoral degree
OR
Combination of specialized experience and graduate level education. Only graduate level education in excess of the first 36 semester hours (54 quarter hours) may be combined to be considered for qualifying education.

Candidates who are in the process of completing the requirements for a Ph.D. will be considered for the GS-12 level as long as the requirements for a Ph.D. are completed within 9 months of application.

Education

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

OR

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


The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the OPM instructions.

Additional information

OTHER INFORMATION:

  • We may select from this announcement or any other source to fill one or more vacancies.
  • This is a non-bargaining unit position.
  • We may offer opportunities for telework.
  • We may offer opportunities for flexible work schedules.
CONDITIONS OF EMPLOYMENT:
  • A one year probationary period may be required.
  • Must successfully complete a background investigation.
  • 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.
  • File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
  • Undergo an income tax verification
  • 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.
  • Learn more about Federal benefits programs at: https://help.usajobs.gov/index.php/Pay_and_Benefits

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

This announcement is issued under the "direct-hire" authority. Consistent with 5 U.S.C. 3304(a)(3) and OPM regulations (5 CFR 337 Subpart B) on direct-hire: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.

Your application includes your resumé, responses to the online questions, and required supporting documents. Please be sure that your resumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resumé may result in a "not qualified" determination.

Rating: Your application will be evaluated in the following areas: Technical, Communication, Analytical.

Referral: All candidates who meet all the qualifications and other eligibility requirements may be referred for consideration. Competitive examining rules providing for rating and ranking and veterans' preference do not apply.

If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP)) you must have a score of 85 or better to be rated as "well qualified" to receive special selection priority.

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