Office of the Comptroller of the Currency

Position Title/Short Description

Full Text of JOE Listing:

The Retail Credit Risk Analysis Division (RC-RAD), within 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. RC-RAD economists serve as advisors to the agency on supervision and banking policy in the areas of consumer credit risk modeling and broader consumer credit research questions related to consumer credit, consumer/household finance, bank/non-bank financial institution.

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 pay and benefits, click here and about Federal benefits programs, click here.

Areas/Skills of Interest: Household/Consumer Finance, Real Estate Finance, Bank/Non-Bank Financial Institutions, Retail Credit Market, Retail Asset Securitization, Credit Risk, AI/Machine Learning, Alternative Data, Big Data.

Qualifications: At the junior level, candidates will have a demonstrated understanding in econometrics, household/consumer finance, or bank/non-bank financial institutions, as evidenced by completed scholarly research. At the senior level, the successful candidate will have a demonstrated expertise as evidenced by a substantial publication related to household/consumer finance, bank/non-bank institutions, applied micro-economics and/or significant financial industry experience in the areas of retail credit risk modeling or validation. The successful candidate will be expected to maintain an active research agenda as well as participate on bank examinations reviewing quantitative models used by banks for underwriting, portfolio management, or loss forecasting for reserves, capital, and stress testing as well as support policy work. The nature of the work demands strong communication and interpersonal skills.

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