Examiner

Responsibilities

This announcement is for Compliance Examiners in the West, Midwest, Northeast, and Southeast Regions. These career-ladder positions are located within the Consumer Financial Protection Bureau (CFPB), Office of Supervision Examinations. The function of the office is to conduct consumer protection supervision and examinations at a wide variety of depository financial institutions and non-depository financial services. You will rotate through the Bureau's examinations and supervisory activities under a designed development plan to gain exposure to, and participate in, depository financial institutions' and non-depository consumer financial services companies' (regulated entities) examination and supervision activities and programs.

The duties of the position require you to work on-site at regulated entities in order to conduct supervisory activities. This on-site work generally includes, but is not limited to: accessing, testing and or reviewing entity work materials, transactions, and systems that are not portable or available offsite; interviewing entity personnel; observing entity operations and transactions; and conducting meetings with entity senior leadership. The following are duties at the full performance level of this position, CN-52 (equivalent to the GS-12 level). If you are selected at a lower level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.

• Develop and implement supervision strategies for regulated entities being examined.
• Evaluate adequacy of Board and/or management oversight of the compliance program.
• Evaluate adequacy of the regulated entity's compliance program, including policies, procedures, controls, staff expertise and training.
• Assess risk and prepare Risk Profile of the entity and affiliates.
• Examine the entity's audit procedures, including resource materials.

When not on-site conducting examinations, you will perform work from your duty location. You will be duty-stationed at your home address and affiliated with a CFPB Supervision Region for reporting purposes. You must travel to a satellite office when required. To view a map of CFPB Supervision regions, click here.

• West - Regional Headquarters in San Francisco: California, Nevada, Utah, Colorado, Kansas, Arizona, New Mexico, Washington, Oregon, Idaho, Montana, Wyoming, North Dakota, South Dakota, Nebraska, Alaska, Hawaii, and Guam.
• Midwest - Regional Headquarters in Chicago: Minnesota, Iowa, Illinois, Michigan, Ohio, Indiana, Kentucky, Missouri, and Wisconsin.
• Northeast - Regional Headquarters in New York: Connecticut, Delaware, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virgin Island, and Puerto Rico.
• Southeast - Regional Headquarters in Atlanta: Alabama, Arkansas, Florida, Georgia, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.

To receive a final offer of employment for this position, you must reside within 90 minutes commuting time of an airport within the contiguous United States (the lower 48 states and the District of Columbia) which has daily flights to three frequented destination airports within your assigned region. This is subject to agency approval during the pre-employment process.

The Salary Range for this position shows the lowest minimum salary without locality pay up to the highest maximum salary without locality pay per the CFPB 2023 Base Pay Band Ranges. Your pay will depend on your pay band and home duty station locality pay area.

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 EthicsHelp@cfpb.gov.

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Requirements

Conditions of Employment

• You must be a US citizen.
• You may be required to complete a trial/probationary period.
• You must complete a Public Trust background investigation.
• You must file a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
• You must meet all the requirements of the Examiner Commissioning Program (ECP). Completion of the ECP within 7 years of entry on duty, or within 5 years of promotion to CN-51 is required to reach the full performance level of this position, CN-52.
• You must meet all qualifications requirements by the closing date of this announcement.

Qualifications

MINIMUM QUALIFICATIONS: To be considered minimally qualified for this position, you must demonstrate that you have the education and/or experience required for the level(s) to which you apply.

For the purpose of determining qualifications, per 12 CFR Part 1003.2(g), Financial Institutionmeans a depository financial institution or a nondepository financial institution.

• Depository Financial Institution means a bank, savings association, or credit union.
• Nondepository Financial Institution means a for-profit mortgage-lending institution (other than a bank, savings association, or credit union).

To qualify at the CN-51 (or GS-11) level, you must meet one of the following:

• Specialized Experience: You must have at least 1 year (12 months) of specialized experience at the CN-40 level (For qualification purposes, broadly equivalent to the GS-09 grade level) in the Federal service related to the duties of this position. Specialized Experience includes performing or overseeing examinations, audits, investigations or similar processes; and ALL of the following:
  • Researching, analyzing and interpreting financial regulations, laws, practices or procedures;
  • Examining or auditing such financial institutions as savings and loan associations, savings or commercial banking institutions or trust companies, farm credit associations, or Federal or State credit unions;
  • Communicating, both orally and in writing, legal, regulatory or technical financial subjects; AND
  • Developing recommendations from reviews and analysis of financial institution examinations or audits.

OR

• Education: You must have a Ph.D or equivalent doctoral degree or 3 years (54 semester hours) of progressively higher level graduate education leading to such a degree with major study in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or other fields related to the position (e.g., business management, political science, public administration.), or a master of laws (LL.M.)

OR

• Combination: You must have a combination of the specialized experience and graduate level education described as described above that totals 100% when combined. Only graduate level education beyond the first 36 semester hours of graduate level study may be combined with experience.

When citing your education and/or experience, be clear and specific. We cannot make assumptions about your education and/or experience. If your transcripts and/or resume do not support your application questionnaire answers, we will not allow credit for your response(s).

Education

It is your responsibility to provide documentation that you meet the education qualification(s) you claim. If you do not submit transcripts we will not use your education when determining if you are qualified for the position.

Transcripts: You may submit official or unofficial transcripts as part of the application process. If you are selected, you will be required to provide official transcripts to receive a final offer of employment. A transcript is a copy of your permanent academic record and includes:

• Your full name.
• The name of the college, university, or other educational institution.
• Your major and degree.
• The date your degree was awarded/conferred.
• Your cumulative grade point average (GPA).
• Any honors you received.
• The dates you attended the school.
• A list of the courses you took, to include the total number of credits completed.

Academic degrees must be granted from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. To determine if a school or program is accredited, refer to the Database of Accredited Postsecondary Institutions and Programs .

Foreign Education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For more information, click here .

• Travel Required

76% or greater - You will be expected to travel 76% or more of your regular work schedule; 11 or more nights per month away from home in a travel status. The work of the position routinely requires transporting items such as luggage, laptops, and files.

• Supervisory status

No