Mission: 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 by: insuring deposits, examining and supervising financial institutions for safety and ...
I have been working at FDIC full-time (More than 3 years)
2 401k plans that each match up to 5%
Federal pension upon retirement
Plenty of time off and bank holidays
Excellent training, most often in Arlington, VA
Fantastic coworkers who are the best at what they do.
Per diem, mileage, frequent traveler bonus, teleworking opportunities
Flexible schedule can allow you to work extra hours during the week to get every other Friday ogf
Must pass a Technical Evaluation to earn Commissioned Bank Examiner status or be fired.
Depending on the office, you may be traveling 60-95% of the time. I was closer to 95% and I essentially lived out of my suitcase and only saw my loved ones on weekends.
Advice to Management
Get rid of the Technical Evaluation, it often doesn't apply to the candidates and places additional pressure to study on non-work hours, further straining personal relationships.
Get your people home more often. You have a work/life program, but people are still on the road for unacceptable time frames.
I applied online. I interviewed at FDIC (Arlington, VA) in June 2017.
I completed the application via USAjobs.gov and received a phone call inviting me to attend the applicant assessment event that was scheduled about 2 weeks out. The event was very well planned and executed. The activities followed the schedule that was emailed in advance of the event, so you will know what to expect. You could tell the FDIC wanted to impress the applicants and convey how special the agency is, in general and especially for a government agency. There will be a lot of FDIC staff present. I suggest that you chat with them when you get the chance to gain a great deal of insight into the agency and the position. There will be several staff there who went through the CEP program.
Once the event officially begins, you don't get much down time, so you have to be "on" all the time. I found that to be the most difficult part. I'm not suggesting that you should be phony, but this is an interview event. Be yourself but be professional. You'll be assigned to a group once you check in and this will be your group for the duration of the event. You go from activity to activity together and even eat meals as a group. If you want to see DC, your only opportunity will be the day you arrive, before the event officially starts, and on the second day after the interviews have been completed. There is a reception and dinner the first night where you will have the chance to network with the people who will be on your business analysis and interview panels. Make use of that opportunity and seek them out!
The actual assessments aren't very difficult at all and in truth, I don't think you can really prepare in advance for them. The information/knowledge you need is VERY basic. It's just managing the time constraints and doing your best with what you're given. Listen to what the staff tells you to help you prepare. You will have plenty of chances to ask them questions and they encourage it. They were constantly asking if we had questions about what was coming up. Their advice is spot on. They want everyone to be as successful as they can be. And no, they will not tell you anything specific regarding the actual assessments. And yes, we asked many times :)
The interview questions weren't difficult. They just have multiple parts. Be sure to answer all the parts. Ask them to repeat the question and write the parts down. This is the same advice your recruiters will tell you. LISTEN TO YOUR RECRUITERS!!!! The questions are behavior based. Use STAR, CAR, or whatever other acronym your university's career center uses to formulate your answers.
All in all it was a great event. The food was fantastic! All of the staff I met were very nice and willing to talk to us even if they were assigned to different groups or regions and seemed to enjoy talking to us. Be yourself. Show that you are someone who works well on a team, can communicate well, and are pleasant to be around.
Learn more about recruitment through the Corporate Employee Program! http://glassdoor.com/slink.htm?key=vQP4C