Overview

<b>Duties</b><br /><br /><b>Summary</b><br /><br />This Fellowship position is located in the <strong>Consumer Financial Protection Bureau/Research, Markets, and Regulations/Office of Mortgage Markets/Washington DC. </strong>The Division brings an empirical, data-driven approach to regulation of consumer financial markets; performs research, monitors markets, conducts rulemakings and implements regulations, and advises other divisions.<br /><br />See our tips on the application process and printable checklist to ensure each step of the application is completed.<br /><br />Learn more about this agency <br /><br /><b>Responsibilities</b><br /><br />-This position is being filled under CFPB's excepted service authority.<br /><br />-Appointment under this authority does not convey competitive status.<br /><br />-This appointment may be extended.<br /><br />The following are the duties of this position at the CN-60 (Equivalent to 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.<br /><br />The position will provide the Fellow with exposure to the analysis, strategy, research, policy development, market monitoring, rulemaking, and regulatory implementation activities throughout RMR and the Bureau. The incumbent will:<br /> <ul> <li>Work closely with RMR staff and other internal offices and external stakeholders to design, execute, and coordinate regulatory implementation and guidance activities and materials. Provide expertise and guidance to cross-RMR rulemaking project teams to identify, develop, and execute strategies, plans, and proposals for innovative ways to provide regulatory implementation support and guidance to the consumer financial industry and other stakeholders.</li> <li>Identify and review issues likely to impact industry and other stakeholder efforts to understand, implement, and comply with the Bureau's regulations. Develop and implement strategies, ideas, tools, and approaches that support communication and delivery of regulatory implementation and guidance information and promotes understanding, implementing, and complying with the Bureau's regulations.</li> <li>Use and provides subject matter and functional expertise in consumer financial industry laws and regulations, operations, systems, and regulatory frameworks to develop, prepare, and deliver substantive materials, training, presentations, and guidance on an independent basis training and educational materials that explain regulatory requirements or facilitate and implementation of and compliance with Bureau regulations.</li> <li>Conduct verbal and written presentations, deliver or participate with others in delivering regulatory training and education, provide oral guidance, and engage in other activities to communicate regulatory subject matter and guidance on implementing or applying consumer protection regulations in a clear, concise, understandable, and professional manner.</li> <li>Proactively monitor, assess, engage with, and collect, synthesize, and analyze information from industry representatives, individual institutions, consumer intermediaries, internal Bureau staff, other agencies, and other parties regarding the regulatory implementation needs and challenges of effected entities. Advise on appropriate responses and support mechanisms, and develops and executes strategies and responses.</li> </ul> <br /><br /><b>Travel Required</b><br /><br />Occasional travel – 1 – 5 nights per month<br /><br />Supervisory status <br /> No <br /><br />Promotion Potential <br /> 60 <br /><br /></li> <b>Requirements</b><br /><br /><b>Conditions of Employment</b><br /><br /><ul> <li>Please refer to "Conditions of Employment."</li> <li>Click "Print Preview" to review the entire announcement before applying.</li> <li>Public Trust Background Investigation will be required</li> </ul> <br /><br />The experience may have been gained in either the public or 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/year, and indicate number of hours worked per week on your résumé.<br /><br />-This position is being filled under the Bureau's excepted service authority.<br />-Appointments under this authority will be made in the excepted service and do not convey competitive status.<br />-This appointment may be extended.<br /><br /><b>Qualifications</b><br /><br />You must meet the following requirements within 30 days of the closing date of this announcement.<br /><br /><strong>Specialized experience: </strong> For the<strong> CN-60</strong>, you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the <strong>CN-53 </strong>grade level in the Federal service (For qualification purposes, the CN-53 is broadly equivalent to the GS-13). Specialized experience for the CN-60 grade level includes: <br /><br />Interpreting and applying consumer financial laws and regulations for mortgages;<strong> AND</strong><br /><br />Applying quantitative and qualitative analytical methods and techniques to conduct analyses of an organization's programs and operations to develop and recommend new strategies, policies, and solutions; <strong>AND</strong><br /><br />Developing and preparing substantive materials, presentations, and other tools that translate and communicate in clear and plain language to financial industry professionals or other professional audiences the requirements of laws and regulations and how to implement or comply with these laws and regulations; <strong>AND</strong><br /><br />Working with, researching, and/or presenting to a professional audience on government-sponsored enterprise (GSE), government, and non-agency mortgage products and credit policy from lender's perspective, including secondary market requirements; <strong>AND</strong> <br /><br />Working with, researching, and/or presenting to a professional audience on lender operational systems and change processes; <strong>AND</strong><br /><br />Explaining, training, presenting to, or educating a professional audience on the substantive requirements of consumer financial protection laws and regulations and how to implement or comply with these laws and regulations.<br /><br /><strong>Specialized Experience:</strong> For the <strong>CN-53</strong> you must have one year of specialized experience at or equivalent to the next lower band/grade (<strong>CN-52</strong>, GS-12 or equivalent) in the Federal service. Specialized experience for the CN-53 grade level includes:<br /><br />Interpreting and applying consumer financial laws and regulations for mortgages; <strong>AND</strong><br /><br />Developing and preparing substantive materials, presentations, and other tools for communication to financial industry professionals or other professional audiences the requirements of laws and regulations and how to implement or comply with these laws and regulations; <strong>AND</strong><br /><br />Applying quantitative and qualitative analytical methods and techniques to conduct analyses of an organization's programs, operations, and challenges and to develop and recommend new strategies, policy options, and solutions<strong> AND</strong><br /><br />Working with, researching, and/or presenting to a professional audience on government-sponsored enterprise (GSE), government, and non-agency mortgage products and credit policy from lender's perspective, including secondary market requirements; <strong>AND </strong><br /><br />Working with, researching, and/or presenting to a professional audience on lender operational systems and change processes.<br /><br /><b>Education</b><br /><br /><b>Additional information</b><br /><br />- We may select from this announcement or any other source to fill one or more vacancies. <br />- This is a bargaining unit position.<br />- We offer opportunities for telework.<br />- We offer opportunities for flexible work schedules.<br />-Ethics: Consumer Financial Protection Bureau employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions, which applicants may review at www.oge.gov. In addition, Bureau employees must comply with the Supplemental Standards of Ethical Conduct for Employees of the Consumer Financial Protection Bureau (5 CFR 9401), which, among other things, prohibit an employee or the employee's spouse or minor child from owning or controlling a debt or equity interest in an entity supervised by the Bureau. Regulations also impose restrictions on the outside activities of certain Bureau employees, including examiners and attorneys. Applicants may review the Bureau ethics regulations and a summary of the regulations at www.consumerfinance.gov. Questions regarding these requirements and prohibitions should be directed to the Bureau Ethics Office at EthicsHelpcfpb.gov .<br /><br /><strong>CONDITIONS OF EMPLOYMENT</strong>: <br />- A two year trial period may be required.<br />- Must successfully complete a background investigation.<br />- Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency<br />- 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.<br />- 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.<br />- Obtain and use a Government-issued charge card for business-related travel. <br /><br /><b>How You Will Be Evaluated</b><br /><br />You will be evaluated for this job based on how well you meet the qualifications above.<br /><br />Your application includes your résumé, responses to the online questions, and required supporting documents. Please be sure that your résumé includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resume may result in a "not qualified" determination.<br /><br /><strong>Rating</strong>: Your application will be evaluated in the following areas: Subject Matter Expertise, Analytical Thinking, Oral Communication, and Written Communication.<br /><br />Veterans' preference does not apply, however, it will be considered a positive factor in the candidate evaluation process.<br /><br /><strong>Referral</strong>: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview. <br /><br /><b>To preview questions please click here .</b> <br /><br /><b>Background checks and security clearance</b><br /><br />Security clearance <br /> Not Required <br /><br />Drug test required <br /> No <br /><br /></li> <b>Required Documents</b><br /><br /><strong>A complete application includes 1. A résumé, 2. Vacancy question responses, and 3. Submission of any required documents.</strong> Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible). <br /><br />Please ensure all required documents, including any required work samples, narratives, or other materials as stated in this announcement, are attached to your application package. Documents can be uploaded under the category of "Cover Letter".<br /><br /><strong>All applicants</strong> <strong>are required to submit a résumé</strong> either by creating one in USAJOBS or uploading one of their own choosing. (Cover letters are optional.) To receive full credit for relevant experience, please list the month/year and number of hours worked for experience listed on your résumé. We suggest that you preview the online questions, as you may need to customize your résumé to ensure that it supports your responses to these questions. Please view résumé tips. <br /><br /><strong>VETERANS' PREFERENCE DOCUMENTATION:</strong> If you are claiming veterans preference, please see applicant guide for required documentation . In order to be considered for veterans preference, you must submit all required documentation as outlined in the applicant guide.<br /><br /><b>If you are relying on your education to meet qualification requirements:</b><br /><br />Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education . <br /><br />Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.


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