Fdic jobs reddit
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Fdic jobs reddit. I counted the months and the days; tomorrow is the happiest day of my professional life. Because of the higher salary scale for Job #2, a CG-12 is like a GS-13 in terms of pay. CIOO interns are placed with talented, engaged teams of FDIC professionals who are working on real projects throughout the FDIC and the CIOO. 5 years ago I faced the choice of working for KPMG in Silicon Valley and the FDIC in Austin, TX. " This subreddit will primarily serve as a community for active and aspiring 1811s. If you haven’t used a program or have knowledge of something say do but talk about your willingness to learn and share a time in your work experience where you had to learn a new systems/program, etc. FDIC Savings Plan The FDIC also offers a 401(k) plan (FDIC Savings Plan) in addition to the Federal TSP. Sharing my hiring timeline -- be encouraged, believe in yourself, and keep pushing forward! The last year and a half has been the most stressful of my career. So no, the nature of the job is not a factor here NAVSEA HQ Your chart correctly states 6 days in PP. . The Good: To start, I have been trying to get a job with the FDIC for a while based all the glowing reviews about the agency and the prospect of the work aligning with my desire to pursue a career in finance. Your results will update as you select each filter. This subreddit is for all those interested in working for the United States federal government. 20 votes, 31 comments. true. The number after each filter type tells how many jobs are available. Employees also rated FDIC 3. FDIC regulations require a covered insured depository institution to submit a resolution plan under which the FDIC, as receiver, might resolve the institution under the Federal Deposit Insurance Act in a way that provides depositors timely access to their insured deposits, maximizes returns on the sale or disposition of assets, and minimizes If you search by a city, we'll include jobs within a 25-mile radius. It takes many different skills to accomplish the vital mission of the FDIC. Since joining the FDIC as a Bank Examiner, the opportunities to learn, grow, and enhance my technical and analytical skills have been endless. Hello, I got a tentative job offer as a FIS through the recent graduates program for the FDIC. However, my passion for public service, along with numerous conversations with FDIC examiners about the Corporation’s mission, integrity, and work-life balance led me to the FDIC. I'm extremely interested in learning more about the assistant bank examiner/financial institution specialist positions at the OCC and FDIC. Looking for any knowledge about determining salary when moving from a GS government job to FDIC. g. Anyway, I applied for an FDIC FIS (Risk Management) job and a GSA Program Analyst job and received offers for both after interviewing. These experiences allow FISs to cultivate the skills needed to regulate the evolving financial services industry. I got rather hosed in Austin, to be frank. They shut down for the 2013 lapse in appropriations, even though the rest of the Corporation stayed open. At the FDIC, we work diligently to ensure financial safety for depositors across America. I dont think the FDIC would be doing a ton with front office IB, trading, research, etc. Applicants are considered without regard to their race, religion, color, sex (including pregnancy, gender identity, and sexual orientation), national origin, disability, age, genetic information I was a SCEP turned FIS for about 5 years before I left the Corp in ‘17. e. There are technically 6 options that exist for FDIC employees. Benefits were comparable to FDIC. S. FDIC at least has a good baseline to roll back from. ) what are some of the specific, lesser known perks a federal employee can expect to enjoy/take advantage of? Hello. I received a tentative offer for a FIS position which is very exciting. But you would be looking a lot at the lending portfolio, deposits, and interest rates. Background process is pretty smooth, they do a good job of providing updates throughout the process, so even though it takes time, it doesn’t feel like nothing is happening. Some senior folks have moved between FDIC or OCC and the like, but each agency’s exam program is slightly different. It is really important that you clearly and concisely answer all parts of the question. However, from a strictly financial perspective, I the FDIC has much more income potential. ? At the FDIC, we work diligently to ensure financial safety for depositors across America. Also they have some benefits not offered to other feds like their own dental plan which they subsidize vs. It's all wishful thinkin. Starting in a PP or two the 401k will have an auto 4% contribution and match an additional 1%. and how you, your team, company/organization benefited from it. I know with government jobs the interviewing, hiring, onboarding stuff, etc. My biggest piece of advice for interviewing with FDIC is be honest. I applied for a Financial Institution Specialist position (GS11) a few weeks ago, but have not heard anything back. FILTERS Use one or more filters to search for jobs by hiring path, pay, departments, job series and more options under More Filters. NCUA may beat FDIC on WFH, I was just explaining why the score was suddenly lower. A cooler thing the FDiC does is take over the failing banks. Looking at the FDIC site, a CG14 in DC has a salary range of $138k - $221k. Yes, you read that right. I wonder if anyone at the FDIC, or recently hired at the FDIC, could give me some insight into the hiring timeline. Learn More About the FDIC This subreddit is for all those interested in working for the United States federal government. You also have free anonymous career coaching services and they will even help you with your resume and with interview prep for other jobs (inside or outside the FDIC), and your kids can also use the service if they are minors. This subreddit is not affiliated, sponsored, or in Thank you! Yes this would be my first federal job. Not all 6 options are available to everyone, so you will need to find out what options are available for your specific position. It sounds dumb. I chose the FDIC and have been there for about 2 years. I appreciate how much guidance and official training there is for the job, it may seem overwhelming at times but the job is designed to help you succeed in the position. Government job interviews are very objective. I have seen posts indicating this could take as long as six months, but those were generally for entry level/grad Under the direction of an experienced examiner, Compliance FISs: Evaluate compliance with applicable consumer protection, fair lending and civil rights laws and regulations, Community Reinvestment Act, and related enforcement responsibilities, through targeted compliance examination reviews. Aug 18, 2024 · How satisfied are employees working at FDIC? 77% of FDIC employees would recommend working there to a friend based on Glassdoor reviews. P. " Before term ends, secure a permanent position (apply for) within fdic using this term as a stepping stone. FEDVIP which is 100% employee funded. Whoever listed DON’s “posture” is misinformed. Fed has federal and non federal positions. how long it took, how many interviews you did, helpful advice/tips to interview process) I'm really interested in working with them, feel free to Thank you for your interest in a career at the FDIC OIG. Bonus points if you hit points mentioned on the job description and talk about relevant experience if you have any. Since the application process itself is often nothing short of herculean and time-consuming to boot, this place is meant to serve as a talking ground to answer questions, better improve applications, and increase one's chance of being 'Referred'. Thank you! Fidelity participates in asset protection programs, such as Federal Deposit Insurance Corporation (FDIC), Securities Investor Protection Corporation (SIPC), and additional types of account coverage. Learn about the FDIC’s mission, leadership, history, career opportunities, and more. I have a few questions and was wondering if anyone who has gone through the program can answer a few question? The offer I got is “Service 1 year appointment - Potential conversion eligibility to the Competitive Service”. As part of the FDIC’s hiring process, applicants and contractor personnel are required to submit personal identifiable information (PII). I’ve since worked on the other side for a community bank, worked 3 years in the car business (horrific experience) and now I’m back in banking. The job was "it examination analyst" and I had 0 experience as an examiner (qualified for the 9/11 ladder job on basis of my MS). If a particular job has a grade range of 1/2/3 then 3 is the terminal grade for the job. As far as the actual experience, it will give you a good look at banking risk, compliance/legal, and ops. In addition, knowing they can’t compensate to attract appropriate talent, such agencies have a 2nd 401(k) in addition to the TSP. Pay: $50,000 base x cost of living (locality) adjustment. FDIC matches 5% tsp and 5% 401(k) (effectively 10% of salary). SEC and FDIC have different pay scales, but a similar logic with how they work. Since FDIC insurance began in 1934, not a single depositor has lost a cent of insured funds as a result of a failure. An employee has been charged with 188 hours of AWOL because I have to telework as an accommodation due to a disability. interview request - 6/4. Fidelity's FDIC-insured deposit sweep program provides coverage of $250,000 per participating bank. Aside from the job security and generous benefits package that comes with federal government employment (e. The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. FDIC was by far the best and most fun job I’ve had. I'm pretty sure FDIC also offers health, dental, and vision insurance subsidies (NCUA offers $75, $40, and $25 per pay period, respectively). First and only fed application (recent grad) Job Series: 0570 Agency: FDIC Applied: 11/30/22 Referred: 1/25/2023 Interviewed: 2/23/2023 TJO: 3/6/2… Skip to main content Open menu Open navigation Go to Reddit Home This subreddit is for all those interested in working for the United States federal government. I'm currently in my last year of undergraduate studies, majoring in finance (political sci minor, too). Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship programmes. I think it depends on which office you are in but in it seemed a little more rigid and siloed (could be good). While not as high as the upper end of the NB pay scale, The Bureau of Engraving and Printing (BEP prints Federal Reserve Notes, aka currency) has some of the highest paying wage jobs in the federal government, and the supervisor rates (filled internally from the wage ranks) are even higher. Just wondering everyone’s thoughts on this. is quite long but I was wondering if anyone would be willing to share their experience on interviewing with the FDIC (i. Find out where you fit in at the FDIC. Therefore, applicants and contractor personnel must meet certain conditions for federal employment or contract services with the FDIC. Eligible employees may contribute a portion of their pay and receive agency-matching contributions. Sep 5, 2024 · FISs complete a rigorous program of classroom and on-the-job training, and learn to apply practical bank supervision tools while traveling within a region to interact with bankers. I will briefly describe it. I'd personally say a confirmed FDIC job offer is better than hoping to get an OCC offer. In addition to actively contributing to the overall success of your team, you will have the opportunity to develop crucial new technical skills and build leadership skills in a professional setting. I know they won't put me at the top of the band like they do for people coming in from big private sector salaries, but do they consider years of experience or other information in setting 100% Had the FDIC announced employees must return to the office 3x a week or even 5x/week after the pandemic, I would have strongly disagreed with the decision and I would have been very grumpy and I might have considered other job options with more flexible telework, BUT I would not have held any animus against the FDIC for choosing to Greetings, Excel monkeys (and monkeys in training. The FDIC is an equal opportunity employer. They will go into effect on July 3. , I work in an asministrative/desk job. But feel like going for it, cause any fdic position is hard to come by. 2 for career opportunities. I actually applied the previous cycle too, it took about 2 months for FJO and start date was about 2 months after that. For FDIC, depends on the announcement and job series on if they’d take your education into account. 10/10 would recommend. This is much higher than a GS14 in DC. The interview had one job-related question: explain the process you'd go through to examine a bank's IT systems. Just a trip into the federal blue collar world for comparison sake. This allows for a greater match. Within the United States Government, different job types are assigned different series. FDIC, NCUA and the FED are funded through assessments, which means no pay stoppage due to Congress. IMO, Remote work is going to be rolled back to some degree for all agencies, so this is a ‘not if but when’ situation. The "1811" series refers to federal criminal investigators, commonly titled "special agents. On your day-to-day, the work is incredibly similar, and your office will dictate a lot of what's "better", between work culture and the area of banks covered. Military Service Credit Buy back military service for increased Federal Retirement Benefits. I interviewed for the FDIC and am waiting to hear back and now the SEC wants to do an interview. The FDIC follows a rigorous vetting process. FDIC-FIS job requirements Hi everyone, I applied to FIS position with FDIC about 2 weeks ago and today, I got an update saying that I’m no longer being considered since I don’t meet the educational requirement of having taken 6 semester hours of accounting classes. If you don't know about how the Fed pays, then definitely learn about it *before* you switch careers. I interviewed years ago and nearly took a job there. The FDIC OIG (and only the OIG) is funded by annual appropriations. While I appreciate that the FPL 13 is very attractive, overall earning potential is higher with the FDIC, I think. The FDIC has much better benefits than the average federal agency, make sure you get the 5% match on the TSP and 5% match on the FDIC supplemental 401(k). If education isn’t a substitute, you need 52 weeks of full time work performing equivalent work experience to what you’re applying for. We seek to recruit, develop, and maintain a cadre of talented individuals to fulfill our oversight mission. Awesome pay and benefits. FDIC has gone the passed 20 years through the 2008 crash and the current pandemic without ever seeing a single furlough Technically not true. Besides the benefits being better at FDIC, does anyone have any input on which one has a better culture, job, etc. A 0580 is only at NCUA (job series is Credit Union Examiner after all), but with a few years experience as an examiner, there are other regulatory type jobs you could qualify for defending on the specific position. Hi everyone, any updates on the return to office for the FDIC? I know management is pushing for 3 days a week come July. Has there been any movement from the union to stop this? Maybe 2 days a week in the office instead or anything like that? I am considering a job at the FDIC, but it will be a no if it is in office 3 days a week. I expect to get an offer for a lateral move, GS 14 to CG 14. If management can do further changes to WFH less poorly, then score should normalize. People that work at HQ and Regional Offices are required to go into the office at least 3 days a week while Field Offices have more discretionary privilege. FDIC Timeline. 9 out of 5 for work life balance, 3. We recruit, hire, and develop a high-performing workforce that reflects the communities we serve. Generally speaking the pay tends to be better than at the FDIC (especially FDIC) and OCC. If I can get the promotions--the spots are fairly available, I'd just like to hear how available from someone familiar with FDIC examination teams. ) About 2. We hire a variety of specialized professionals, including auditors, evaluators, criminal investigators, program and management analysts, human resource professionals, information This subreddit is for all those interested in working for the United States federal government. Job posting closing date - 4/15. 9 for culture and values and 4. TSP, insurance options, pension, etc. Hope for this 2-yr term job turns into 4-yr term as the description provides it's "possible. I don't know anyone in this line of work, so I'm soliciting a mentor/advisor here on Reddit. ibnq snvyt wrct zavk rjseg szdqg duxyfpo ztzje ziwg hahpkfi