The Division of Trading and Markets (TM) establishes and maintains standards for fair, orderly, and efficient markets. The division regulates the major securities market participants, including broker-dealers, self-regulatory organizations (such as stock exchanges, FINRA, and clearing agencies), and transfer agents.
If selected, you will join a well respected team that is responsible for:
- Assisting in the oversight of cash securities and derivatives central counterparties.
- Applying knowledge of statistical models to assess market, credit, and liquidity risk. Reviewing risk management practices of various complex financial products including equities, ETFs, fixed income and derivatives such as swaps and options. Communicating findings and recommendations to senior management, across SEC divisions as well as communicating and managing relationships with other regulatory agencies.
All qualification requirements must be met by the closing date of this announcement.
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education.
Applicants must show successful completion of a full four-year course of study in an accredited college or university leading to 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-- An appropriate combination of education and experience ---- courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. Examples of qualifying experience include economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions 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 in economic subjects in combination with one of the following: personal research that produced evidence of results, direction of graduate theses in economics, or service as a consultant or adviser on technical economics problems.
MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement
SK-14: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 level:
Creating or analyzing statistical models used to measure and aggregate risk; and Performing economic analysis and developing recommendations to senior management; and Planning, directing, or conducting projects, such as those involving new or complex financial instruments, with emphasis on risk management and capital treatment.
ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.
PASS/FAIL COURSES: If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.