Individual Occupational Requirements for
GS-570: Financial Institution Examining Series
The text below is extracted verbatim from
Section IV-B of the Operating Manual for Qualification Standards
for General Schedule Positions (p.IV-B-86), but contains minor edits
to conform to web-page requirements.
Use these individual occupational requirements in conjunction with
the "Group Coverage Qualification Standard for
Administrative and Management Positions."
EDUCATION
Major study--accounting, banking,
business administration, commercial or banking law, economics, finance, marketing, or other fields
related to the position. For Bank Examiner positions with the Federal Deposit Insurance Corporation
(FDIC), this education must have included at least 24 semester hours in business administration,
accounting, finance, marketing, or economics with at least 6 semester hours in accounting.
OR
EXPERIENCE
Experience that provided a
knowledge of accounting or auditing principles. Examples of qualifying general experience include:
- Work in a financial institution reviewing, analyzing, and recommending or approving loan
applications or investments.
- Accounting or auditing work related to the internal operations of a financial institution that
required an understanding of debits and credits, balance sheets, and operating statements.
- Reviewing, analyzing, and recommending or approving investments or other actions involving
the properties or monies of others held in trust by a financial institution.
Examples of qualifying
specialized experience include:
- Work requiring a thorough knowledge and the application of commercial accounting or auditing
principles and practices (but less than full professional accounting knowledge) with a
financial institution.
- 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.
- Professional accounting or auditing work that provided a broad knowledge of the application of
accounting or auditing principles and practices.
- Work that provided a thorough knowledge of Federal and State laws applicable to the type of
financial institution involved (e.g., savings and loan associations, Bank for Cooperatives,
savings or commercial banks, investment institutions, etc.), and of the operations and
practices of such institutions.
OR
CERTIFICATE
A certificate as a Certified Public Accountant (CPA) obtained through written examination in a
State, territory, or the District of Columbia meets the GS-5 level requirements. Applicants with such
certificates may also qualify for higher grade levels based on their education and/or experience.
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