Website US Department of the Treasury
This job role is available in Los Angeles, CA offices. Motivated candidates with good teamwork skills are invited to apply for the Economist. These new positions are offered by the US Department of the Treasury.
$101,176 – $144,676 a year – Full-time, Part-time
– Full-time, Part-time
Company: US Department of the Treasury
Location: Los Angeles, CA
WHAT IS THE LARGE BUSINESS AND INTERNATIONAL (LB&I) DIVISION OF THE INTERNAL REVENUE SERVICE? The Large Business and International (LB&I) business unit provides service and enforcement activities to support tax compliance of businesses and related entities with assets of $10 million or more, as well as small U.S. businesses engaged in international, U.S. citizens abroad, and foreign persons and businesses with a U.S. tax requirement.
See “Other Information” for Locations
WHAT DOES AN ECONOMIST DO? Economists perform microeconomic research and analysis of complex transactions, economic structures, and valuations. They review and analyze economic, statistical, and tax data to determine the existence of a potential economic issue; develop an effective work plan, conduct research in source materials, explain and defend research findings. They provide technical guidance and serve as qualified witnesses for the Government in cases reaching litigation.
As an Economist, you will:
Perform assignments based on research and analyses involved in examinations, including complex issues covering a range of industries and specializations.
Conduct microeconomic research and analyses that require the study of economic structure, business practices, interest rates, competitive conditions, trade barriers and product life cycles.
Review and analyze economic, statistical, and tax data to determine the existence of a potential economic issue; recommend formal or limited assistance or withdrawal; develop an effective work plan, conduct research in source materials that include databases, journals and government publications.
Explain and defend research findings to the taxpayer, taxpayer’s representatives, exam team, Appeals, Counsel, and other IRS personnel, and serve as a witness in cases reaching litigation.
Provide expert technical advice and direction to service employees relative to the largest and most complex economic issues.
Provide technical support on complex cases which have economic issues and entail in-depth analyses of economic structures, interest rates, business practices, product life cycles, etc.
Prepare written findings, reports and other technical guidance.
Perform multiple assignments or projects of a highly technical nature requiring advanced economic knowledge, and make precedent-setting and industry – or nationwide determinations
WHERE CAN I FIND OUT MORE ABOUT OTHER IRS CAREERS? If you want to find out more about IRS careers, visit us on the web at www.jobs.irs.gov
Occasional travel – 1 to 5 nights per month.
Job family (Series)
Conditions of Employment
Refer to Other Information
Click “Print Preview” to review the entire announcement before applying.
Must be a U.S. Citizen or National
You must meet the following requirements by the closing date of this announcement:
BASIC REQUIREMENTS: You must meet a Bachelor’s or higher degree in economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR A combination of education and experience – courses equivalent to a major in economics as shown above plus appropriate experience or additional education. Examples of qualifying experience include (this list is not all inclusive):
Individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusion and report preparation; Supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or Teaching assignments in a college or university that included both class instruction in economics subjects and include one of the following (1) personal research that produced evidence of results (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.
The quality of the combination of education and experience must be sufficient to demonstrate that the applicant possesses the knowledge, skills, and abilities required to perform work in the occupation, and is comparable to that normally acquired through the successful completion of a full 4-year course of study with a major in economics.
GS-13 LEVEL: In addition to the basic requirements for this position, candidates must have one year of specialized experience equivalent to the GS-12 level. Specialized experience is experience that is related to this job and has equipped you with the competencies required for successful job performance.
Specialized experience for the Economist position is experience that required the application of comprehensive knowledge of economic concepts, theories, principles and practices related to research and analyses of a variety of business specializations; experience with economic factors related to international movements of goods and services, consumers and labor, money and technology and an understanding of the variety of factors affecting international economic movements such as national tariffs, national and international law, transportation systems, and geographic considerations to address international issues; experience in analyzing factual information to recognize and evaluate significant and critical factors, solve increasingly complex problems, draw rational economic conclusions, and prepare comprehensive reports; experience in oral communications to explain and defend research findings.
Examples of qualifying specialized experience include:
Conducting various kinds of microeconomic research and analyses that require the study of economic structure, business practices and functions;
Performing research and analyses involved in examinations that include complex issues covering an extensive range of industries and specializations;
Reviews and analyzes economic, statistical, and tax data to determine the existence of a potential economic issue; develops an effective workplan, conducts research in databases, professional journals and publications, government publications and studies by other economists;
Conducts various kinds of microeconomic research and analyses that require the study of economic structure, business practices and functions, competitive conditions, trade barriers, government imposed barriers, financial markets, interest rates, technology transfers and product life cycles;
Reviews and analyzes economic, statistical and tax data to determine the existence of a potential economic issue;
In tandem with senior economists, performs analysis to determine the value of tangible and intangible products, services, and assets, and evaluates the values and analysis reported by taxpayers.
The experience may have been gained in the public sector, private sector or Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis.
To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume.
5 Positions are located in Large Business and Int’l-LB&I, to be filled in any of the following locations; New York, NY., Chicago, IL., San Francisco, CA., San Jose, CA., Los Angeles, CA.
Conditions of Employment:
We may select from this announcement or any other source to fill one or more vacancies. Additional jobs may be filled.
This is a bargaining unit position.
We offer opportunities for flexible work schedules.
A 1-year probationary period is required.
Must successfully complete a (high or moderate) background investigation including an FBI criminal history record check (fingerprint check).
Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
Obtain and use a Government-issued charge card for business-related travel.
File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
Undergo an income tax verification and review of prior performance/conduct.
Tour of Duty: Monday – Friday 8:00 a.m. – 4:30 p.m.
Must meet IRS telework eligibility requirements.
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Your application includes your resume, responses to the online questions, and required supporting documents. Please be sure that your resume includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resume may result in a “not qualified” determination.
Rating: Your application will be evaluated in the following areas: Economics, Quantitative Techniques, Problem Solving/Decisiveness, Written Communication, Interpersonal Skills, Oral Communication/Speaking, Technology Application. Category rating will be used to rank and select eligible candidates. If qualified, you will be assigned to one of three quality level categories, (i.e., A = Superior, B = Highly Qualified, C= Qualified) depending on your responses to the online questions, regarding your experience, education, and training related to this position. Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application. Veterans’ preference is applied after applicants are assessed. Preference-eligibles will be listed at the top of their assigned category and considered before non-preference-eligibles in that category. Qualified preference-eligibles with a compensable service-connected disability of 10% or more will be listed at the top of the highest category for this position, except at the GS-09 and above.
Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview (telephonic and/or in person at the discretion of the Selecting Official in accordance with hiring polices). We will notreimburse costs related to the interview such as travel to and from the interview site.
If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP), you must receive a rating of category B or better to be rated as “well qualified” to receive special selection priority.
To preview questions please click here.
Background checks and security clearance
Drug test required
A complete application includes 1. A resume, 2. Vacancy question responses, and 3. Submission of any required documents. Please note that if you do not provide all required information, as specified in this announcement, you will not be considered for this position (or may not receive the special consideration for which you may be eligible).
All applicants are required to submit a resume either by creating one in USAJOBS or uploading one of their own choosing. (Cover letters are optional). To receive full credit for relevant experience, please list the month/year and number of hours worked for experience listed on your resume. We suggest that you preview the online questions, as you may need to customize your resume to ensure that it supports your responses to these questions. Please view Resume Tips.
VETERANS’ PREFERENCE DOCUMENTATION: If you are claiming veterans’ preference, you must submit a copy of your DD-214 (Member 4 copy), or other official documentation from a branch of the Armed Forces or the Department of Veterans Affairs showing dates of service and type of discharge. Ten-point preference eligibles must also submit an Application for 10-point Veteran Preference, SF-15, along with the required documentation listed on the back of the SF-15 form. For more information on veterans’ preference view FedsHireVets.
Career Transition Assistance Plan (CTAP) or Interagency Career Transition Assistance Plan (ICTAP) DOCUMENTATION: If you are a displaced or surplus Federal employee, click CTAP/ICTAP for eligibility and a detailed list of required documents. IRS CTAP eligibles can apply for jobs both within and outside the commuting area.
EDUCATION DOCUMENTATION: For positions with an education requirement, or if you are qualifying for this position by substituting education or training for experience, submit a copy of your transcripts or equivalent. An official transcript will be required if you are selected. A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to Department of Education Accreditation page. If you are qualifying based on foreign education, you must submit proof of creditability of education as evaluated by a credentialing agency. Refer to the OPM instructions.
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
A career with the U.S. Government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Learn more about federal benefits.
Our comprehensive benefits are very generous. Our benefits package includes:
Challenging work, opportunities for advancement, competitive salaries, bonuses and incentive awards.
Ten paid holidays, 13 days of sick leave, and 13 to 26 days of vacation time each year.
Access to insurance programs that may be continued after you retire.
A wide choice of health insurance plans, coverage for pre-existing conditions, and no waiting periods. We pay a substantial amount (up to 75%) of the health insurance premiums.
A retirement program which includes employer-matching contributions.
Learn more about Federal benefits programs at: Pay and Benefits
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time, or intermittent. Contact the hiring agency for more information on the specific benefits offered.
This job is open to
U.S. citizens, nationals or those who owe allegiance to the U.S.
Clarification from the agency
U.S. Citizens or Nationals.
To apply for this job please visit www.usajobs.gov.