Fdic jobs reddit. Military Service Credit Buy back military service for increased Federal Retirement Benefits. Because of the higher salary scale for Job #2, a CG-12 is like a GS-13 in terms of pay. As far as the actual experience, it will give you a good look at banking risk, compliance/legal, and ops. If management can do further changes to WFH less poorly, then score should normalize. Pay: $50,000 base x cost of living (locality) adjustment. This subreddit is not affiliated, sponsored, or in Thank you! Yes this would be my first federal job. FDIC Savings Plan The FDIC also offers a 401(k) plan (FDIC Savings Plan) in addition to the Federal TSP. This allows for a greater match. The interview had one job-related question: explain the process you'd go through to examine a bank's IT systems. 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. However, from a strictly financial perspective, I the FDIC has much more income potential. Learn about the FDIC’s mission, leadership, history, career opportunities, and more. I actually applied the previous cycle too, it took about 2 months for FJO and start date was about 2 months after that. This subreddit is for all those interested in working for the United States federal government. 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. 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. But feel like going for it, cause any fdic position is hard to come by. 9 out of 5 for work life balance, 3. Just wondering everyone’s thoughts on this. Aside from the job security and generous benefits package that comes with federal government employment (e. Hello, I got a tentative job offer as a FIS through the recent graduates program for the FDIC. It takes many different skills to accomplish the vital mission of the FDIC. The FDIC is an equal opportunity employer. " This subreddit will primarily serve as a community for active and aspiring 1811s. Besides the benefits being better at FDIC, does anyone have any input on which one has a better culture, job, etc. Since joining the FDIC as a Bank Examiner, the opportunities to learn, grow, and enhance my technical and analytical skills have been endless. ? At the FDIC, we work diligently to ensure financial safety for depositors across America. 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. and how you, your team, company/organization benefited from it. I dont think the FDIC would be doing a ton with front office IB, trading, research, etc. I received a tentative offer for a FIS position which is very exciting. I applied for a Financial Institution Specialist position (GS11) a few weeks ago, but have not heard anything back. These experiences allow FISs to cultivate the skills needed to regulate the evolving financial services industry. FDIC was by far the best and most fun job I’ve had. 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. Fed has federal and non federal positions. 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. Looking at the FDIC site, a CG14 in DC has a salary range of $138k - $221k. The number after each filter type tells how many jobs are available. We seek to recruit, develop, and maintain a cadre of talented individuals to fulfill our oversight mission. Also they have some benefits not offered to other feds like their own dental plan which they subsidize vs. There are technically 6 options that exist for FDIC employees. I chose the FDIC and have been there for about 2 years. Eligible employees may contribute a portion of their pay and receive agency-matching contributions. 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. It sounds dumb. Government job interviews are very objective. NCUA may beat FDIC on WFH, I was just explaining why the score was suddenly lower. IMO, Remote work is going to be rolled back to some degree for all agencies, so this is a ‘not if but when’ situation. Looking for any knowledge about determining salary when moving from a GS government job to FDIC. 10/10 would recommend. I interviewed years ago and nearly took a job there. CIOO interns are placed with talented, engaged teams of FDIC professionals who are working on real projects throughout the FDIC and the CIOO. 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. 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”. I know with government jobs the interviewing, hiring, onboarding stuff, etc. . It is really important that you clearly and concisely answer all parts of the question. 2 for career opportunities. Find out where you fit in at the FDIC. " Before term ends, secure a permanent position (apply for) within fdic using this term as a stepping stone. The FDIC OIG (and only the OIG) is funded by annual appropriations. Learn More About the FDIC This subreddit is for all those interested in working for the United States federal government. interview request - 6/4. 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. FEDVIP which is 100% employee funded. An employee has been charged with 188 hours of AWOL because I have to telework as an accommodation due to a disability. The FDIC follows a rigorous vetting process. FILTERS Use one or more filters to search for jobs by hiring path, pay, departments, job series and more options under More Filters. 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. Within the United States Government, different job types are assigned different series. 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. I will briefly describe it. 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. A cooler thing the FDiC does is take over the failing banks. Bonus points if you hit points mentioned on the job description and talk about relevant experience if you have any. 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. I wonder if anyone at the FDIC, or recently hired at the FDIC, could give me some insight into the hiring timeline. Anyway, I applied for an FDIC FIS (Risk Management) job and a GSA Program Analyst job and received offers for both after interviewing. FDIC has gone the passed 20 years through the 2008 crash and the current pandemic without ever seeing a single furlough Technically not true. e. Therefore, applicants and contractor personnel must meet certain conditions for federal employment or contract services with the FDIC. Starting in a PP or two the 401k will have an auto 4% contribution and match an additional 1%. This is much higher than a GS14 in DC. Just a trip into the federal blue collar world for comparison sake. Job posting closing date - 4/15. If a particular job has a grade range of 1/2/3 then 3 is the terminal grade for the job. Benefits were comparable to FDIC. I'm pretty sure FDIC also offers health, dental, and vision insurance subsidies (NCUA offers $75, $40, and $25 per pay period, respectively). I interviewed for the FDIC and am waiting to hear back and now the SEC wants to do an interview. FDIC, NCUA and the FED are funded through assessments, which means no pay stoppage due to Congress. I don't know anyone in this line of work, so I'm soliciting a mentor/advisor here on Reddit. 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. Fidelity's FDIC-insured deposit sweep program provides coverage of $250,000 per participating bank. We recruit, hire, and develop a high-performing workforce that reflects the communities we serve. It's all wishful thinkin. They shut down for the 2013 lapse in appropriations, even though the rest of the Corporation stayed open. My biggest piece of advice for interviewing with FDIC is be honest. Hi everyone, any updates on the return to office for the FDIC? I know management is pushing for 3 days a week come July. 20 votes, 31 comments. Hope for this 2-yr term job turns into 4-yr term as the description provides it's "possible. 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. FDIC at least has a good baseline to roll back from. 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. FDIC matches 5% tsp and 5% 401(k) (effectively 10% of salary). Generally speaking the pay tends to be better than at the FDIC (especially FDIC) and OCC. 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. 5 years ago I faced the choice of working for KPMG in Silicon Valley and the FDIC in Austin, TX. I think it depends on which office you are in but in it seemed a little more rigid and siloed (could be good). Whoever listed DON’s “posture” is misinformed. I expect to get an offer for a lateral move, GS 14 to CG 14. I'm currently in my last year of undergraduate studies, majoring in finance (political sci minor, too). If education isn’t a substitute, you need 52 weeks of full time work performing equivalent work experience to what you’re applying for. While I appreciate that the FPL 13 is very attractive, overall earning potential is higher with the FDIC, I think. TSP, insurance options, pension, etc. 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. ) About 2. Some senior folks have moved between FDIC or OCC and the like, but each agency’s exam program is slightly different. 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. 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. is quite long but I was wondering if anyone would be willing to share their experience on interviewing with the FDIC (i. They will go into effect on July 3. 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. P. , I work in an asministrative/desk job. 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. As part of the FDIC’s hiring process, applicants and contractor personnel are required to submit personal identifiable information (PII). I counted the months and the days; tomorrow is the happiest day of my professional life. Employees also rated FDIC 3. At the FDIC, we work diligently to ensure financial safety for depositors across America. So no, the nature of the job is not a factor here NAVSEA HQ Your chart correctly states 6 days in PP. I got rather hosed in Austin, to be frank. 9 for culture and values and 4. I'd personally say a confirmed FDIC job offer is better than hoping to get an OCC offer. In addition, knowing they can’t compensate to attract appropriate talent, such agencies have a 2nd 401(k) in addition to the TSP. S. 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. But you would be looking a lot at the lending portfolio, deposits, and interest rates. 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). 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. 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. FDIC Timeline. For FDIC, depends on the announcement and job series on if they’d take your education into account. Not all 6 options are available to everyone, so you will need to find out what options are available for your specific position. Awesome pay and benefits. I'm extremely interested in learning more about the assistant bank examiner/financial institution specialist positions at the OCC and FDIC. 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. Your results will update as you select each filter. ) what are some of the specific, lesser known perks a federal employee can expect to enjoy/take advantage of? Hello. 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. SEC and FDIC have different pay scales, but a similar logic with how they work. If you don't know about how the Fed pays, then definitely learn about it *before* you switch careers. Since FDIC insurance began in 1934, not a single depositor has lost a cent of insured funds as a result of a failure. 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'. g. 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. Yes, you read that right. true. The "1811" series refers to federal criminal investigators, commonly titled "special agents. 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). udyhn emrqbau hmotxknj xpcqj vdjrsfc enwc bczxh bbjurt ptlt tllinij