Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is the independent agency that insures bank deposits, examines and supervises state-chartered banks that are not members of the Federal Reserve System, and resolves banks that fail. It is funded by the industry rather than by appropriations and runs its own pay system: most announcements use CG (corporate graded) grades, with CM for managers and EM for executives, and the grade is usually written into the job title.

Recent listings have included information technology examiners, a senior complex bank examiner for compliance, examination specialists and senior examination specialists in capital markets policy, senior CFI specialists, senior asset management specialists, strategic operations specialists, IT specialists in data management, a human resources classification and compensation specialist, and a run of legal roles: attorney-advisers, a regional counsel and an assistant general counsel.

Applying tip: don’t map FDIC grades onto the GS pay tables; the FDIC sets its own pay, and the announcement’s salary range is the figure that counts. Titles marked “FDIC-Only” are open to current FDIC employees, so skip them unless you already work there. Our GS pay scale guide is still useful for comparing an FDIC offer with the rest of the federal market.