Summary

The Division of Trading and Markets is seeking a Senior Officer-Associate Director in the Office of Market Supervision (OMS). This position is located in Washington, DC and is open to the public.

Duties

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The Division of Trading and Markets (TM) is seeking a Senior Officer to help lead its Office of Market Supervision (OMS), based in Washington, DC to oversee and administer professional legal work involved in overseeing all aspects of securities and securities-based swap trading platforms such as national securities exchanges, security-based swap execution facilities, and alternative trading systems. The office also oversees rules and policy related to securities trading and the national market system.

OMS uses a collaborative, team-based approach where high-performing Assistant Directors and Senior Special Counsels lead teams of attorneys and professionals to do the work of OMS. Working with and supervising the Assistant Directors and Senior Special Counsels, you will have the opportunity to work with staff across OMS, TM, and the Commission on a variety of matters and subjects related to the trading of securities on regulated platforms. This work can include Commission rulemakings, rule and product filings by trading platforms, registration of new platforms, capital market structure issues, and new technologies such as AI and blockchains. You will be at the forefront of the Commission's efforts to establish, maintain, and review standards for fair, orderly, and efficient capital markets.

TM is particularly interested in candidates with demonstrated, experience in managing staff and/or teams, developing and advising on regulatory policy, and substantial knowledge of securities, security derivatives, or commodity derivatives markets. Significant experience with and knowledge of the Exchange Act of 1934 is required. Experience with other areas of securities regulation will be considered for exceptional candidates.

Duties:

• Plans, directs and supervises and active program of regulation of the securities industry, both directly and through supervision of national securities exchanges, alternative trading systems, security-based swap execution facilities, and FINRA. Also, organizes the implementation of Commission rulemaking as a means of ensuring the fair, orderly, and efficient operation of U.S. capital markets.
• Assists the Division Director in developing additional rules, regulations and policies in the area of market supervision, designed to assure appropriate and effective oversight of the U.S. securities markets by the Commission and self-regulatory organizations. Advises on questions of structure and operations of the securities markets, security-derivatives markets, and self-regulatory organizations.
• Establishes priorities and program goals for the regulation of the trading of securities on the equities and options exchanges and the over-the-counter market, the trading of securities-based swaps and fixed income securities, the dissemination of market data, and the listing of new products and other securities. Assesses the adequacy, efficiency, and effectiveness of regulatory measures in view of changing market conditions. Develops policies and rule recommendations to be incorporated into the program.
• Directs and coordinates studies to analyze the risks posed by new derivative products to securities markets and the financial system as a whole. Analyzes the results of studies and develops policy and rule and regulatory recommendations that provide the foundation for a comprehensive, coordinated program for regulation and oversight of derivative product trading.
• Contacts, advises and collaborates with high-ranking officials, such as agency heads, top congressional staff officials, state executives, legislative leaders, and/or executives of comparable private sector organizations. Maintains an active liaison relationship with the senior staff of other financial regulators, including the CFTC, Treasury and banking regulators.

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/).
• 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.
• 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.
• SUPERVISORY TRIAL PERIOD: This appointment may require completion of a two year supervisory/managerial trial period.
• 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.
• 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. 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.

• SO-01: Applicant must have at least four years of experience in addressing and providing guidance and expertise in the evaluation of legal and policy securities law issues that govern the securities industry, in particular, the Securities Exchange Act of 1934, which also includes at least three years of specialized experience. Specialized experience includes:
  
  
  1. Advising on the Securities Exchange Act of 1934 compliance matters, particularly with respect to self-regulatory organizations, broker-dealers, securities exchanges, derivatives products, equities, fixed income or derivatives; OR
  2. Analyzing issues and developing regulatory policy related to the Securities Exchange Act of 1934 and its regulations, including such issues and policy related to exchange-traded products subject to the Investment Advisors Act of 1940 or Securities Act of 1933.

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

1. Leading the Organization: Build and support the organization's vision, create strategies to achieve the vision, support and lead innovative and creative initiatives to meet organizational goals.
2. Leading and Developing People: Recruit, lead, develop and manage the workforce, constructively manages differences and potential conflicts between employees, building teams that meet and exceed an organization's mission, strategic plan, and goals.
3. Results Orientation: Meet organizational goals by effectively managing program area, identifying and solving important problems, making sound and timely decisions, and effectively managing and sharing information.
4. Building Coalitions: Build coalitions by partnering with others to build strategic relationships, influencing and negotiating with those in sphere of influence to achieve favorable outcomes for an organization.
5. Rule Development: Prepares recommendations for rules that meet desired policy objectives within the Commission's statutory authority or that implement legislation.
6. Market Operations Analysis: Advises on operational risks and practices requiring an understanding of the marketplace landscape to inform and support policy development.

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: 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.

Disability Employment: For information on disability appointments, click here.

Reasonable Accommodation: If you are an applicant who needs a reasonable accommodation to participate in the SEC application process due to a medical disability, please contact [email protected]. For religious-based accommodations, please contact [email protected] . Please be sure to submit your request at least 5 business days in advance of the date you need the requested accommodation.

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.