what careers are available at the fdic

What does the FDIC do with IT professionals?

Our IT professionals ensure that we are keeping pace with developments in the banking industry, implement IT initiatives to improve our supervision and internal operations, and develop ironclad systems to secure our networks and information. Administrative professionals at the FDIC perform a wide range of vital functions.

What does an attorneys general do for the FDIC?

Attorneys provide legal expertise to support the mission and operations of the FDIC, from interpreting banking law, regulations, and procedures to representing the Corporation on matters of banking regulations and labor law.

What does an administrative administrator do at the FDIC?

Administrative professionals at the FDIC perform a wide range of vital functions. They support business activities through training, consulting, human resources, corporate services, and acquisition services.

What jobs are veterans eligible to apply for?

As a Veteran, you are also eligible to apply to jobs that are open to the publicand in some cases jobs open to federal employees. Okay, got it.

How much do FDIC employees make?

Federal Deposit Insurance Corporation (FDIC) pays its employees an average of $95,767 a year. Salaries at Federal Deposit Insurance Corporation (FDIC) range from an average of $56,106 to $159,820 a year.

Is FDIC a good career?

FDIC Reviews FAQs 76% of employees would recommend working at FDIC to a friend and 83% have a positive outlook for the business. This rating has decreased by -1% over the last 12 months.

What do FDIC workers do?

The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.

How do you become part of the FDIC?

institutions apply for federal deposit insurance by filing an Interagency Charter and Federal Deposit Insurance Application (Application Form) with the appropriate FDIC regional office.

Why does FDIC pay more?

The FDIC has a 15-grade system which mirrors the General Schedule, but the agency's exemption from standard civil service rules allows it pay higher salaries at each grade level to attract top-level bank examiners and other employees.

Do FDIC employees get a pension?

FDIC employees are covered by one of the Federal retirement systems and/or Social Security. The type of appointment and employment history of prior Federal Service determines retirement coverage.

How long is the FDIC hiring process?

How long does it take to get hired at FDIC? The hiring process at FDIC takes an average of 40 days when considering 156 user submitted interviews across all job titles.

What is the salary of the FDIC Chairman?

Gruenberg was a Miscellaneous Administration And Program at the Federal Deposit Insurance Corporation in Washington, District Of Columbia. Gruenberg began working at the Federal Deposit Insurance Corporation in 2005 with a starting salary of $140,300. Since then, Gruenberg's salary has increased to $158,500 in 2021.

What is it like working for the FDIC?

Good benefits and pay. Excellent government agency to work. Excellent working conditions and flexible work schedule to include telework. Pay and benefits are very good and retirement benefits are good based on total federal service.

Is the FDIC a government agency?

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.

What are FDIC background check requirements?

Accordingly, the FDIC requires that all individuals subject to background investigations have an FBI Fingerprint Identification Check performed in connection with applications for federal deposit insurance, notices of change in control, applications subject to Section 19 of the FDI Act, and notices subject to Section ...

What are the 8 ownership categories of the FDIC?

Ownership CategoriesSingle Accounts.Certain Retirement Accounts.Joint Accounts.Revocable Trust Accounts.Irrevocable Trust Accounts.Employee Benefit Plan Accounts.Corporation/Partnership/Unincorporated Association Accounts.Government Accounts.

What is it like working for the FDIC?

Good benefits and pay. Excellent government agency to work. Excellent working conditions and flexible work schedule to include telework. Pay and benefits are very good and retirement benefits are good based on total federal service.

How much do FDIC auditors make?

The estimated total pay for a Auditor at FDIC is $77,165 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $73,687 per year.

What type of banker makes the most money?

The highest paying jobs in retail banking usually belong to loan officers and major corporate executives, such as the chief financial officer (CFO) and chief risk officer (CRO).

What do millionaires do about FDIC?

Millionaires don't worry about FDIC insurance. Their money is held in their name and not the name of the custodial private bank. Other millionaires have safe deposit boxes full of cash denominated in many different currencies.

Where do FDIC employees train?

The L. William Seidman Center in the Metropolitan Washington, DC area is where most FDIC employees nationwide participate in technical training. Training at this state-of-the-art facility allows professionals to come together to learn and share ideas in a supportive environment. Most often, Examiners meet at the Center to train in core curriculum areas, including examination policy and procedures, automation, management and trust department examinations.

What are the courses offered by the Federal Financial Institutions Examination Council?

Courses include communications, contract, Equal Employment Opportunity and diversity, financial analysis, legal, management and supervisory, retirement planning, examination and Federal Financial Institutions Examination Council (Federal Financial Institutions Examination Council) training.

What are the benefits of FDIC?

Among the most valuable benefits you can receive at the FDIC are training and development opportunities . There is no better way to increase your professional skills and to prepare yourself for advancement and greater responsibility.

What are the topics of a supervisor's training course?

For supervisors, course topics include equal opportunity employment, labor relations, workplace violence, performance management and management excellence. For all employees, course topics include ethics, contract administration, oversight management, fundamentals of contracting and diversity awareness.

What is external management training?

External management training programs are available which focus on a variety of topics, from leading the process of change to developing high-performance teams to management skills for new managers.

What is an EOI?

The Expression of Interest Program (EOI) enables employees to assume new responsibilities by promoting short-term work assignments to other positions in the Corporation.

Why is it important to participate in professional associations?

Participating in professional associations and attending paid conferences keeps you on the leading edge of your profession.