Financial Analyst (Direct Hire)

About the role

This position is in the Division of Financial Responsibility Filings, Office of Registration, in the Federal Motor Carrier Safety Administration. Incumbent serves as a Financial Analyst who participates in the performance of work and support of the Team's and Division's goals and objectives.

What you will do

• Assist with the investigation of stakeholder complaints on trusts that are not in compliance with regulation, unpaid claims by trust providers, brokers/freight forwarders who fail to pay, and entities issuing trusts (financial institutions) and surety bonds (insurance companies).
• Develop procedures and processes for providers of surety bonds and trust fund agreements to notify FMCSA of any financial failure or insolvency of a broker or freight forwarder and initiate cancellation of the respective financial responsibility.
• Execute surety suspension/civil penalty procedures to suspend a surety/trust fund provider's authority.
• Assist with conducting budget analysis and reconciliations for the Licensing & Insurance fee-based account on behalf of the Agency.
• This includes completing and evaluating the general ledger month and year-end procedures for the Licensing & Insurance fee-based account, including but not limited to journal entries, account reconciliation, adjustments, accounts receivable, credit and collection, and accruals that needs to be documented in a reconciliation spreadsheet.
• Supports the Self-Insurance Program, to include implementing a comprehensive Self Insurance Program for motor carriers that oversees the financial, operational, and economic soundness of corporate businesses in order to evaluate the accuracy and adequacy of statements concerning financial condition and business operations made by such businesses in connection with FMCSA self-insurance eligibility.
• Analyze applications to enroll in the Self Insurance program, as well as requests to modify existing self-insurance authorizations.
• Review, analyze and audit a company's financial statements and claims data to determine their ability to self-insure and ability pay their own claims on a quarterly and annual basis.
• This includes conducting a comprehensive evaluation of corporation finances and financial management operations and practices of commercial or other corporate organizations.
• Assist in determining if Collateral Coverages are adequate and if a company's self-insured claims liabilities are secured by its letter of credit or trust fund.
• Assist with evaluating ATNW (Adjusted Tangible Net Worth)/Claims ratio that measures how much the company's or its guarantor's net assets back up the total self-insured claims liabilities of the company.
• Review applications from States, cities, towns, and other municipalities to self- insure motor carriers that want to operate under their Risk Pools, including the risk pool's financial condition, claims exposure, and continuous claims handling practices.
• Assist with program oversight and management of the Designation of Process Agents (Form BOC-3) process.
• This includes developing and implementing a Designation of Process Agents (Form BOC-3) program that meets regulatory guidelines, that is operationally effective and efficient, and that supports the FMCSA mission.
• The ideal candidate is a mid-career transportation professional capable of providing effective customer service support to motor carriers, brokers, freight forwarders, cargo tank facilities, intermodal equipment providers, insurance companies, financial institutions, process agents and members of the general public regarding their registration with FMCSA.
• Applicants must possess effective oral and written skills, research skills, and be capable of paying attention to details involved in the reviewing, analyzing, and processing of applications.

Requirements

• As a condition of employment for accepting this position, you will be required to serve a 1-year probationary period during which we will evaluate your fitness and whether your continued employment advances the public interest.
• In determining if your employment advances the public interest, we may consider: your performance and conduct; the needs and interests of the agency; whether your continued employment would advance the organizational goals of the agency or the Government; and whether your continued employment would advance the efficiency of the Federal service.
• Upon completion of your probationary period, your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.
• SELECTIVE SERVICE: Males born after 12/31/1959 must be registered for the Selective Service.
• GOVERNMENT TRAVEL CARD: This position involves travel.
• A government contractor-issued travel card will be issued and must be retained for official business only.
• BACKGROUND INVESTIGATION: A background security investigation is required for all selected individuals.
• Appointment will be subject to the applicant's successful completion of the security investigation and favorable adjudication.
• Failure to meet these requirements will be grounds for termination.
• PROBATIONARY PERIOD: Applicants may be required to successfully complete a one-year probationary period (unless already completed).

How you will be evaluated

For this announcement, applications will be reviewed to determine if the applicant meets the basic qualifications for this position. The applications of individuals who meet the basic qualifications will be assessed to validate that the applicant possesses the Knowledge, Skills, and Abilities (KSAs) at the level of proficiency needed to perform the job successfully.

Applicants who are found to possess the necessary KSAs to perform the job may be referred to the selecting official for further consideration. To receive full credit during evaluation, your assessment responses must explicitly point back to your resume, as HR cannot make assumptions about your experience.

You must write your narrative answers in full paragraph format, beginning each response with the exact position title, organization, employment dates (MM/YYYY–MM/YYYY), full-time/part-time, average hours worked per week, and federal series/grade (if applicable) as listed on your resume.

Within the paragraph, clearly describe your specific individual duties, actions taken, tools used, and measurable outcomes to prove your level of expertise.

HR will cross-check your narrative against your resume; if your resume does not fully support every detail and timeframe claimed in your written response, the claimed experience will be disallowed, which may result in an ineligible determination. You will not be considered for the position if any part of the application or supporting documentation is incomplete.

Falsifying your background, education, and/or experience is cause for not hiring you or adverse action after hiring. This announcement may be used to fill additional positions if similar vacancies occur within 90 days of the issue date of the referral certificate. You may preview questions for this vacancy.

Documents you must provide

• In accordance with the OPM memorandum titled Merit Hiring Plan, dated May 29, 2025, resumes with a maximum of two (2) pages in length will be accepted as part of your application.
• These should be legible and in a readable font size.
• A determination of your eligibility and/or qualifications will be based only on those two (2) pages.
• Your resume MUST contain specific information that can be used to make a qualification determination, including employment beginning and ending dates for each position, whether employment is Full-time or Part-time, or average number of hours worked per week, and position titles.
• If the position is/was in the Federal government, you will need to provide the position series and grade level.
• The resume should show relevant experience and education, as well as support the required specialized experience.
• For assistance with the resume builder, please visit: *** DISPLACED EMPLOYEES: If requesting consideration under the Career Transition Assistance Program (CTAP) or Interagency CTAP program (ICTAP), you must meet the standards for this vacancy and provide all of the following documents: your most recent performance appraisal, the proof of eligibility letter from the Agency, and your most current SF-50, displaying current series and grade.
• Qualified CTAP/ICTAP candidates receive priority and will be referred to the hiring manager.
• For more information, please review the OPM Employee's Guide to Career Transition.
• Failure to submit any of the required documents by the closing date of the vacancy will result in your removal from consideration for this position.
• Please review your application prior to final submission and ensure you have submitted all appropriate documents.
• Uploading documents to USA Jobs does NOT ensure inclusion with your application to our system.
• You must verify that the documents are in the system with your application prior to final submission.

What to expect next

You may check your application status by logging into USAJobs.com (Select "My USAJobs" and click "Applications". Within two weeks of the closing date, a Human Resources Specialist may evaluate your application. If evaluated, qualified candidates will be referred to the hiring manager.

If you are selected for an interview, the hiring agency will contact you directly. Once the position is filled, we will notify all applicants of their final status.

Additional information

The Fair Chance to Compete for Jobs Act prohibits the Department of Transportation and its Operating Administrations from requesting an applicant's criminal history record before that individual receives a conditional offer of employment.

In accordance with 5 U.S. Code § 9202(c) and 5 C.F.R § 920.201 certain positions are exempt from the provisions of the Fair Chance to Compete Act. Applicants who believe they have been subjected to a violation of the Fair Chance to Compete for Jobs Act, may submit a written complaint to the Department of Transportation by email at, ***.

To learn more, please visit our page at: The Fair Chance to Compete Act | US Department of Transportation