Summary

The Division of Investment Management is seeking a Supervisory Attorney-Adviser (Assistant Director). As a Supervisory Attorney-Adviser, you will serve as a second-level supervisor overseeing managers and staff responsible for reviewing investment company disclosures. The role provides expert legal guidance on complex securities issues, supports disclosure and policy initiatives, and contributes to the Commission's efforts to promote clear, accurate, and investor-focused disclosure.

Duties

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In this role as an Assistant Director, you will be responsible for:

• Conducting complex reviews of statutes, regulations, and disclosure documents related to investment companies and providing legal analysis and guidance based on those reviews.
• Providing leadership and direction to staff and work products by maintaining expertise in the assigned segment of the investment company market; monitoring new or novel offerings, financial techniques, and industry developments; coordinating with federal and state agencies and registrants; and participating in outreach activities that communicate Commission initiatives.
• Participating in discussions with SEC senior management on complex disclosure and policy matters, including issues involving sensitive considerations or significant policy implications.
• Analyzing complex factual and policy issues by conducting research, evaluating relevant precedent, and coordinating with stakeholders to assess implications for Commission policy and programs.
• Addressing legal questions that require developing and evaluating policy approaches to balance differing interests in the formulation of regulations and guidance.
• Serving as a senior legal adviser by participating in meetings and conferences where disclosure policy, procedures, and program plans are discussed and agency positions are developed.

Requirements

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Conditions of employment

• CITIZENSHIP: You must be a US Citizen.
• SELECTIVE SERVICE: Males born after 12/31/59 must be registered or exempt from Selective Service (see https://www.sss.gov/).
• DRUG TESTING: This position may be subjected to drug testing requirements.
• PERMANENT CHANGE OF STATION (PCS): Moving/Relocation expenses are not authorized.
• DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.
• TRIAL PERIOD: Consistent with 5 U.S.C. a7 7511, you will be required to serve a two-year trial period (one year for preference eligible veterans) if the position to which you have applied is not the same or similar to your current position of record.
• SUPERVISORY TRIAL PERIOD: This appointment may require completion of a two year supervisory/managerial trial period.
• You must possess a J.D. or LL.B Degree and you must be an active member of the bar in good standing.
• The selectee is required to report to the duty station(s) listed.

Qualifications

Applicants are responsible for confirming all required materials are submitted by the closing date of the announcement. Please check the HowYou Will Be Evaluated and Required Documents sections carefully, as missing documents will render the application incomplete and ineligible for review.

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. All qualification requirements must be met by the closing date of this announcement.

BASIC REQUIREMENT: All applicants must possess the following

• J.D. or LL.B. degree AND
• Active membership of the bar in good standing in any state, territory of the United States, the District of Columbia, or the commonwealth of Puerto Rico. (Note: proof of bar membership will be required before entry on duty.

MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement.

SK-17: Applicant must have one year of specialized experience equivalent to the GS/SK-14 level. Specialized experience includes:

1. Interpreting and applying the provisions regarding the Investment Company Act and Investment Advisers Act, as well as the Securities Act and Exchange Act; AND
2. Independently preparing and/or reviewing SEC filings of investment companies; AND
3. Conducting second level reviews of filings; AND
4. Recommending resolution to a variety of disclosure reporting issues.

ACCOMPLISHMENT RECORD COMPETENCIES: Your Accomplishment Record narratives should address the following competencies. See the How You Will Be Evaluated section below for more information:

Disclosure Examination - Reviews and analyzes disclosure documents in accordance with relevant rules, regulations, accounting principles, standards, and Agency, Division, and Office positions and interpretations to determine compliance with agency and industry regulations.

Disclosure Guidance and Advice - Applies legal and accounting expertise, and knowledge of industry issues and current topics, to provide guidance and recommendations to others.

Critical Thinking - Considers a variety of factors, general and subject matter-specific, when making decisions and determining next steps in a case.

Developing and Managing Others - Ability to recruit, develop and manage the workforce to meet organizational goals, with little or no guidance.

Education

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 your courses, grades, semester, year, and credit for the course. If you are qualifying for this position by substituting education or training for experience, you must submit a copy of your unofficial transcripts or equivalent by the closing date of the announcement. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education. Internal Applicants: OHR will verify education qualifications for internal applicants using documents in the Electronic Official Personnel Folder (eOPF). If required transcripts or certificates are not present in your eOPF, you will be required to provide them to OHR. If selected, a start date will not be established until official transcripts are received.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs. For more information, click here.

Applicants may also find the following helpful:

National Association of Credential Evaluation Services (NACES) is an association of 19 credential evaluation services with admission standards and an enforced code of good practice.

Association of International Credentials Evaluators (AICE) is an association of 10 credential evaluation services with a board of advisors and an enforced code of ethics.

Additional information

Supplementary vacancies may be filled in addition to the number stated in this announcement and may be filled from any division or office within the agency.

SEC COMPENSATION PROGRAM: Total salary (base pay + locality) is dependent upon duty location. The overall salary range listed above is provided for informational purposes. The pay for current SEC employees will be determined according to the procedures specified in the agency's policy.

IMPORTANT INFORMATION FOR SURPLUS OR DISPLACED FEDERAL EMPLOYEES: Career Transition Assistance Plan (CTAP) is available to individuals who have special priority selection rights under this plan. Individuals must be minimally qualified for this position to receive consideration for special priority selection. CTAP eligibles will be considered minimally qualified if they meet the minimum requirements for this position.

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Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

Benefits

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A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

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Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.