Office of the Comptroller of the Currency

Position Title/Short Description

Full Text of JOE Listing:

The Compliance Risk Analysis Division (CRAD), part of the OCC Economics Department, located in Washington D.C., has openings for financial economists and senior financial economists. The OCC charters, regulates, and supervises all national banks, federal branches, and agencies of foreign banks and federal savings associations. Financial Economists in CRAD conduct quantitative analysis and research to provide supervision support and to advise the OCC senior management on policy and regulation in compliance risk, including areas such as consumer protection, credit access, fair lending, fintech and financial inclusion, community reinvestment under the Community Reinvestment Act, and bank secrecy/anti-money laundering. Financial Economists in CRAD also conduct research and analysis on the topics of banking, financial/consumer markets and general applied micro-economics.

Salary and Benefits: The OCC is among the top places to work in the federal government. OCC employees enjoy all the standard federal benefits plus additional agency-specific benefits and competitive salaries not tied to the traditional government’s General Schedule pay system. We offer comprehensive and generous benefits package including a wide choice of subsidized health insurance plans, free OCC dental and vision insurance, and a pension plan. To learn more about OCC-specific benefits, click here and about Federal benefits programs, click here.

Requirements
At the junior level, candidates will have a demonstrated interest and capability in understanding compliance risk analysis and research, as evidenced by completed scholarly research work in related areas or defending their research dissertation in Economics, Finance, Statistics, or related field in a timely manner, or an equivalent combination of education and industry experience. At the senior level, the successful candidate will have a demonstrated expertise as evidenced by a substantial publication record and/or significant financial industry experience in related areas. The successful candidate will be expected to maintain an active research agenda and participate on bank exams developing econometric models that detect violations of consumer laws and reviewing banks’ quantitative models used in compliance risk management.

Areas/Skills of Interest: Micro-Econometrics, Data Science, Labor Economics, Industrial Organization, Public Finance, Housing Finance, Discrimination, Compliance Risk, Risk Management, Financial/Consumer Markets, Financial Institutions and Services

Position Requirement: Candidates must be U.S. citizens or U.S. nationals.