The Division of Trading and Markets (TM) establishes and maintains standards for fair, orderly, and efficient markets. It regulates the major securities market participants, including broker-dealers, self-regulatory organizations (such as stock exchanges, Financial Industry Regulatory Authority, and clearing agencies), and transfer agents.
The position is located in Washington, DC.
The Division of Trading and Market's Office of Broker-Dealer Finances (OBDF) supervises broker-dealer financial responsibility requirements, including protection of customer assets held by broker-dealers.
- Under OBDF, the 17(H) Risk Assessment Program monitors concerns that arise regarding the financial conditions of a broker-dealer, its holding company, and its affiliates pursuant to section 17(h) of the Exchange Act. This position supports the 17(H) Risk Assessment Program and serves an integral role within the OBDF Working Group, using a variety of financial data to provide comprehensive analysis.
- Typical duties include:
- Serve as technical expert on understanding financial conditions and issues related to liquidity, market, credit, and operations risk at regulated entities.
- Perform reviews to understand the structure of regulated entities and interconnectedness with material affiliates to identify, assess and aggregate risk.
- Review and analyze 17(H) filings of assigned monitoring broker-dealers. Archive paper filings based on federal agency record keeping guidelines.
- Conduct extensive research of industry, academic, and media financial information and data to present current securities industry trends and emerging issues affecting regulated broker-dealer entities.
- Proficient in gathering, combining and reporting on large quantities of financial data. Research and analyze such data sets to identify patterns or trends to augment risk assessment and risk monitoring over regulated entities.
- Use various technical tools (databases, statistical programming, or analytical tools) to enhance data management and analytical capabilities.
- Prepare and present findings and recommendations of the review and analysis to TM senior leadership.
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.
MINIMUM QUALIFICATION REQUIREMENT:
SK-14: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 level:
Analyzing key financial, operational, and/or risk metrics related to financial institutions;
Developing tools, applications and approaches for monitoring the financial and operational risks, and interpreting the results;
Planning or directing a large-scale data driven analysis and research related to financial markets, products, regulations, or processes.