Associate Director, Supervisory Financial Analyst
The Division of Trading and Markets (TM) is seeking an Associate Director, Supervisory Financial Analyst for (Broker-Dealer Risk Oversight); the duty station for this position may be either New York, NY or Washington, DC. The Division of Trading and Markets mission is to establish and maintain standards for fair, orderly, and efficient markets. It regulates the major securities market participants, including broker-dealers, self-regulatory organizations (such as stock exchanges, FINRA, and clearing agencies), and transfer agents.
Salary Range: SO-01, $158,265- $238,030 (NY); SO-01, $150,372- $226,160 (DC)
Promotion Potential: These positions have full performance level to the SO-02.
DUTIES Serves as the Associate Director, in the Division of Trading Markets, Office of Broker-Dealer Finances (OBDF), responsibilities include:
Organizes, directs, and supervises an active program with respect to the monitoring and oversight of risk management functions of registered broker-dealers and security-based swap dealers.
Directs the review and analysis of risk management and related risk reporting of regulated financial institutions, including broker-dealers and security-based swap dealers registered with the Commission. Leads the development of findings related to outsize exposures, unusual transactions, model failures, and risk governance; review of risk controls; and verification of the computation of capital adequacy measures.
Directs the review of regulatory compliance with the statutory and regulatory requirements of certain broker-dealers under the net capital rule (SEC 240.15c-3-1e) and the broker-dealer risk assessment rule (SEC 240.17h-1T,2T).
Leads a staff of economists and financial analysts in the review of statistical models, including but not limited to models used for pricing securities and derivative positions, for calculating aggregated risk measures, such as Value-at-Risk (“VaR”) and stress test methodologies, for both regulatory capital and internal risk management purposes, and for the calculation of regulatory margin requirements. Entities subject to these reviews include broker-dealers operating under the alternative net capital regime, over-the-counter (OTC) derivative dealers, and security-based swap dealers.
Serves as an expert in the field of statistical modeling, particularly with respect to the use of models for purposes of internal risk management, regulatory capital charges, and margin calculations, and directs the review of models at complex financial institutions.
Assists the Senior Associate Director, Deputy Directors, and Director in presentations to the Commission with regard to matters pertaining to oversight of risk management functions of registered broker-dealers, and the continuing review of Commission rules and regulations regarding broker-dealer risk controls and reporting, modifications thereof, and adoption of new rules and regulations relating to broker-dealer operations.
REQUIREMENTS
U.S. Citizen Required.
Experience:
Applicants must have one year of specialized experience equivalent to a least the GS/SK-14 which includes conducting risk monitoring of large broker-dealers and quantitative reviews of the computer models used by large broker-dealers, reviewing models used by clearing agencies, reviewing of statistical models, calculating aggregated risk measures, such as Value-at-Risk ("VaR") and stress test methodologies developing findings related to models and risk governance, reviewing pricing models, and/or analyzing independent risk controls.
Knowledge, Skills and Abilities: Your qualifications will be further evaluated based upon the following KSAs. Your resume and application package will be used to evaluate your qualifications for this position. Accordingly, KSA narratives are not required. Failure to demonstrate your qualifications may result in being considered not highly qualified for the position.
· Leading Change/Achieving Results.
· Building Coalitions/Communications.
· Management Experience.
· Ability to Analyze Complex Problems and Devise Innovative Solutions.
OTHER INFORMATION:
· This position is NOT in bargaining unit.
· You may be required to serve a supervisory probationary period of one-year.
Ready to apply? Here are your next steps:
1. You must address the required experience in your resume.
2. If you are claiming Veteran’s Preference, you must attach your DD-214. For Disabled Veterans: DD-214, SF-15 and VA letter dated 1991 or later. For more information please visit: http://www.fedshirevets.gov/job/vetpref/index.aspx.
3. To fax supporting documents you are unable to upload, complete this cover page http://staffing.opm.gov/pdf/usascover.pdf. Fax your documents to 1-478-757-3144.
4. If you cannot apply online, print the 1203FX form to provide your response to the occupational questionnaire: http://www.opm.gov/forms/pdfimage/opm1203fx.pdf and fax it along with any supporting documents to 1-478-757-3144. Your 1203FX will serve as a cover page for your fax transmission.
5. Need help or more information? Contact Nicole R. Woodard at 202-551-7460 or beattief@sec.gov.
6. Click on the following link to begin the application process for this position: https://www.usajobs.gov/GetJob/ViewDetails/345670100.
Important Notes for SEC positions
Open all references in tabs: [1 - 4]
Leave a Reply
You must be logged in to post a comment.