Financial Modeler

Congressional Budget Office • Full-time • Baltimore, MD, US • $70k - $140k / year • 1w ago

The Congressional Budget Office, a small nonpartisan agency that provides economic and budgetary analysis to the Congress, is seeking a financial modeler to work in the Financial Analysis Division. This is a great opportunity for someone with outstanding econometric skills to contribute to objective economic and financial analysis that impact legislative decisions.

Responsibilities

The financial modeler develops financial models to estimate the cost of credit and insurance programs and to forecast financial variables such as stock prices, interest rates, and housing-market variables.

The focus of the division’s work is the risk and costs facing the federal government and how they can be mitigated through various policies. The division also produces reports about financial issues affecting the federal government, collaborating with a large network of academic and industry specialists.

CBO’s analysis plays an important role in Congressional deliberations on policy alternatives, and the financial modeler will work closely with other CBO staff in the preparation of studies, reports, and testimony for the Congress. Analysts are also encouraged to turn CBO projects and independent research into CBO working papers and outside publications.

Qualifications

The candidate must have

a graduate degree in finance, economics, or a related quantitative field;
strong experience with econometric programs such as Stata, SAS, R, MATLAB, or Python (SciPy or StatsModels);
Strong interpersonal and teamwork skills;
Initiative and independence;
Strong written and oral communication skills; and
A track record of meeting deadlines

Preferred skills

professional knowledge of asset valuation methods;
creativity in applying and adapting those methods to new applications;
the ability to explain financial concepts clearly and intuitively to a broad audience is strongly preferred; and
experience valuing financial risk, using large data sets, and forecasting financial variables.

Candidates must have passed or be able to pass a Tier 2 (Public Trust) investigation, which includes a credit check. A higher security clearance may be accepted instead.

Salary

Salaries at CBO are competitive with those at other organizations and are commensurate with experience, education, and other qualifications.

Benefits

Health Benefits -Federal Employees Health Benefits program offers a range of options for health care coverage from individual or a family coverage from a variety of HMOs, PPOs, and fee-for-service plans. CBO generally pays about 70 percent of the total cost of coverage.
Dental and Vision Benefits
Flexible Spending Accounts
Retirement -a monthly retirement annuity based on an employee’s age, years of federal service, and highest three consecutive years of salary.
Thrift Savings Plan -contribute to the before-tax or after-tax RothThrift Savings Plan, similar to a 401(k) plan, for retirement. CBO contributes 1 percent of the employee’s base pay and matches a portion of additional contributions by the employee.
Annual and Sick Leave -CBO employees accrue 6 hours of annual leave each pay period. Employees accrue 4 hours of sick leave each pay period.
Holidays -10 federal holidayseach calendar year.
Life Insurance -basic coverage for the employee and options for additional coverage. CBO shares the cost for basic coverage.
Long-Term Care Insurance
Commuting Assistance
Professional Development and Training
Health Club Membership -Employees are eligible for discounted rates at two local gyms.
Credit Union -joinCongressional Federal Credit Union
Community Service -Altruism is an important component of the CBO culture
On-Site Services -
cafeteria
post office
shower and locker facilities
shoe shine and repair stand

CBO is housed in the Ford House Office Building, just steps away from the Federal Center SW Metrorail stop and within walking distance of the National Mall and many of the Smithsonian Institution’s museums.

How to Apply

Submit your cover letter and resume through Indeed. CBO will review your application and contact you if you meet qualifications.

Contact

Annita Gulati Cox, Washington, DC, 202-226-2628

Job Type: Full-time

Pay: $70,000.00 - $140,000.00 per year

Benefits: