SummaryThe Division of Trading and Markets ("TM"), Office of Clearance and Settlement ("OCS"), is seeking a Senior Financial Analyst (Financial Analyst). OCS administers wide-ranging elements of TM's regulatory program for clearing agencies, transfer agents, and other intermediaries. OCS administers TM's clearance and settlement program. OCS also works closely with other regulators and industry groups, on various legislative and regulatory initiatives.
DutiesHelp
In this role as a Senior Financial Analyst, you will be responsible for:
- Ongoing oversight of SRO operational risk, cybersecurity, and business continuity initiatives and reporting. Conducting periodic meetings with the SROs regarding such topics, including consulting with other regulators to develop an agenda, leading the meeting, and following up on outstanding topics.
- Reviewing and analyzing proposals from SROs related to proposed rule change filings by clearing agencies in the cash and derivatives markets, related to all aspects of a clearing agency's operations, including those related to operational risk, cybersecurity, business continuity, and cloud technology.
- Providing expert-level advice and consultation related to operational risk management, cyber security, and information technology as used by SROs to SEC staff. Also analyzing and developing reports, recommendations, and advice on regulatory developments affecting financial institutions including registered clearing agencies and other financial market infrastructures.
- Leading various OCS special projects as needed, including rulemaking initiatives.
- Preparing and presenting findings and recommendations to senior management within TM, to other offices, and the Chairman and Commissioners. Working closely with OCS attorneys, economists, and analysts, developing regulations and policy, and in connection with proposed rule changes by registered clearing agencies and other self-regulatory organizations involving OCS matters.
- Representing SEC in meetings, conferences and public forums; displaying current knowledge and understanding of policy issues related to the assigned segment of the market; maintaining productive work relationships with international, federal and state government agencies and the securities industry.
RequirementsHelp
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/).
- 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.
- The selectee is required to report to the duty station(s) listed.
QualificationsTime-in-grade for this announcement is one year at the GS/SK-14 level.
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.
MINIMUM QUALIFICATION REQUIREMENT:
SK-16: Applicant must have at least one year of specialized experience equivalent to the GS/SK-14 level:
- Planning, directing, or conducting projects related to operational risk, information technology, cybersecurity, cloud technology, and/or infrastructure development at a self-regulatory organization or financial institution, to develop recommendations to senior management based on such projects; AND
- Analyzing or interpreting the regulatory requirements related to operational risk, information technology, cybersecurity, or cloud technology (such as Exchange Act Regulation SCI; the CFTC's System Safeguards rule; the Computer-Security Incident Notification Requirements for Banking Organizations, and Their Bank Service Providers; OCC Bulletin 2023-22, Cybersecurity Supervision Work Program; or similar requirements) as applicable to self-regulatory organizations and/or financial institutes; AND
- Applying or interpreting standards established by the National Institute of Standards and Technology, the Federal Financial Institutions Examination Council, or other similarly situated organizations related to information technology practices.
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: Rule Development: Prepares recommendations for rules that meet desired policy objectives within the Commission's statutory authority or that implement legislation.
Competency 2: Legal and Regulatory Analysis: Conducts analysis and prepares documents and reports in compliance with Federal law that governs the rulemaking process.
Competency 3: Teamwork and Collaboration: Interacts with internal and external others in a manner that advances SEC goals and objectives.
Competency 4: Critical Thinking: Considers a variety of factors, general and subject matter-specific, when making decisions and determining next steps in a case.
Additional informationSupplementary 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. If your selection results in a change in grade from an SK-15 to an SK-16, you will maintain your current salary.
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.
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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.
BenefitsHelp
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.
