Summary

OIAD is seeking a Financial Economist. As a Financial Economist, you will be part of a team that has a track record of strong empirical research abilities using a variety of methodologies (including primary data collection), and excellent communication skills. The position requires interest in investor behavior and decision-making, desire to produce applied research that informs policy, as well as the ability to collaborate within scientific research teams and with other groups of individuals.

Duties

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In this role as a Financial Economist, you will be responsible for:

• Analyzing problems that investors face with financial service providers or investment products, and analyzing the potential impact on investors of proposed regulations of the Commission and proposed rules of self-regulatory organizations, consistent with OIAD's statutory mission.
• Designing and implementing research using a combination of empirical methodologies, including analysis of nationally representative survey data, investor testing, and qualitative interviews, with a particular focus on primary data collection.
• Supporting economic analysis of SEC rulemakings as needed, such as by designing and delivering custom research projects designed to inform policy questions facing the SEC.
• Exhibiting exemplary collaboration and teamwork skills by working on a multidisciplinary scientific team (including with individuals who have training outside of economics and finance) to conduct research regarding investor behavior and/or regulated entities.
• Organizing data collection and research processes by tracking project tasks and delivering updates to senior OIAD staff.
• Co-authoring academic or policy papers broadly related to issues relevant to investor behavior, investor testing, or the overall mission of OIAD.

Requirements

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Conditions of employment

• CITZENSHIP: 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/).
• SECURITY CLEARANCE: Entrance on duty is contingent upon completion of a pre-employment security investigation. Favorable results on a Background Investigation may be a condition of employment or selection to another position.
• 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.
• PROBATIONARY PERIOD: This appointment may require completion of a one-year probationary period.
• 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. All qualification requirements must be met by the closing date of this announcement.

BASIC REQUIREMENT:

A. Applicants must possess a degree in economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.

OR

B. An appropriate combination of education and experiencecourses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. Examples of qualifying experience include individual 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: (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor 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 that includes any of the following:

1. Economic analysis in support of rulemaking involving federal securities laws; OR

2. Economic analysis of investor behavior, such as participation in capital markets or responses to investment advice; OR

3. Economic research of problems that investors have with financial products or service providers.

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

Competency 1: Economic Analysis - Evaluates economic effects of financial actions related to a rule, conduct in the marketplace, and/or risks in the market.

Competency 2: Economic Modeling- Applies economic theory to make predictions and develop hypotheses.

Competency 3: Statistical Expertise - Performs and interprets data analysis.

Competency 4: Teamwork and Collaboration - Interacts with internal and external others in a manner that advances agency goals and objectives.

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; a selectee's initial pay will be established below the maximum rate of the range. The pay for current SEC employees will be determined according to the procedures specified in the agency's policy. Please click here for a compensation overview.

IMPORTANT INFORMATION FOR SURPLUS OR DISPLACED FEDERAL EMPLOYEES: If you have never worked for the federal government, you are not I/CTAP eligible. To receive selection priority for this position, you must: (1) meet CTAP or ICTAP eligibility criteria; the questionnaire asks you to identify your ICTAP/CTAP eligibility (2) be rated well-qualified; and, (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. View information about I/CTAP eligibility on OPM's Career Transition Resources website.

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.