Clearing Financial Risk Analyst

Clarification from the agency

Well-qualified surplus/displaced Federal employees (i.e. CTAP/ICTAP) in the local area and current/former Federal employees in permanent competitive service positions (i.e. status candidates). VEOA eligibles and those eligible for non-competitive appointment under special hiring authority such as Individuals with Disabilities, Military Spouses, VISTA/Peace Corps, some Land Management employees, and certain veterans (e.g., 30% Disabled). See link in "How to Apply" for additional information.

In this role, you will be responsible for assisting the Office in administering the Division's clearance and settlement program, which involves the following: (i) monitoring the operations and the risk management practices of clearing agencies, and developing and recommending regulatory and supervisory policies and objectives for the clearance and settlement risk program; (ii) assuring that policy decisions and directions relating to this program relating to risk management are properly implemented and that prescribed objectives are achieved; (iii) assisting with developing, planning, and implementing the Commission's policies designed to promote, and manages the Office's role in the coordination of, the Commission's clearing oversight program, especially relating to risk management.

In this role as a Clearing Financial Risk Analyst, you will be responsible for:

• Providing advice and consultation relating to financial risk management, including, but not limited to, credit risk, market risk, and liquidity risk on a broad range of asset classes including equities, fixed income, derivatives and digital assets, to SEC staff.
• Analyzing and developing reports, recommendations, and advice on regulatory developments affecting risk management of financial institutions including clearing agencies.
• Helping develop and implement methodologies for resolving complex problems encountered by registered clearing agencies relating to financial risk management.
• Working with other OCS staff in analyzing key risk metrics, determining proper empirical methodologies, planning and organizing complex, large-scale data collection and analysis, preparing written reports and data representations, and summarizing studies in formal and informal presentations.
• Preparing and presenting findings and recommendations to senior management.
• 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.
• Supporting other offices, focusing on financial risk management matters at registered clearing agencies relating to a broad range of asset classes including equities, fixed income, derivatives, and digital assets.

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.
• 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.
• 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

Time-in-grade for this announcement is one year at the GS/SK-13 level.

Applicants are responsible for confirming all required materials are submitted by the closing date of the announcement. Please check the How You 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-14: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 level:

1. Contributing to rulemaking, policy, and/or oversight of the secondary markets of different asset classes and/or related markets (such as the market for equities, fixed income, derivatives and/or digital assets) or related market infrastructure, including clearing services; and
2. Planning, directing, or conducting research projects, with an emphasis on financial risk management or financial market infrastructure to further develop recommendations to senior management based on that research.

• Critical Thinking: Considers a variety of factors, general and subject matter-specific, when making decisions and determining next steps in a case.
• Legal and Regulatory Analysis: Conducts analysis and prepares documents and reports in compliance with Federal law that governs the rulemaking process.
• Teamwork and Collaboration: Interacts with internal and external others in a manner that advances SEC goals and objectives.
• Workload Management: Effectively prioritizes workload in a way that accommodates unforeseen developments and achieves successful outcomes.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

You will be evaluated for this position based on how well you meet the qualifications listed in this announcement.

Your resume and application package will first be reviewed to determine whether you meet the minimum qualification requirements outlined in the announcement. If you are found minimally qualified, the Office of Human Resources will contact you to request an Accomplishment Record. You will have 3 business days from the date of the request to submit it. Failure to submit the Accomplishment Record on time will remove you from further consideration. Because of the short turnaround time, you are strongly encouraged to begin preparing your Accomplishment Record in advance.

Once your Accomplishment Record is received, a rating panel will review both your resume and your narrative responses. Your Accomplishment Record must clearly demonstrate your proficiency in the competencies listed in the Qualifications section.

Click here for guidance on writing your Accomplishment Record.

Your resume must provide evidence that supports the claims in your Accomplishment Record. Each narrative must describe one specific, relevant example from your experience or training. Responses are limited to 300 words per competency; any text beyond this limit will not be reviewed.

You must provide one document containing your narrative responses for all four competencies. Failure to address each competency annotated on the announcement or failure to provide the correct document will result in loss of further consideration. Please note: A Performance Appraisal does not satisfy the requirement for an Accomplishment Record.

Required Accomplishment Record Format:

Applicant First Name and Last Name
Competency Title

• Position title and dates from your resume that this experience was obtained
• Describe the situation (i.e., the challenged faced, the problem solved)
• Describe the specific actions you took
• State the outcome, results, or long-term impact of your accomplishment
• Name and email address of someone who can verify this information

Reference checks may be conducted as part of the final selection process, and you will be notified before any contacts are made.

Basis for Rating: The rating panel will evaluate applicants' accomplishment records and resume, then place them into one of the following categories:

• Highly Qualified - Meets the minimum qualification requirements and has extensive skills and experience in most of the job related competencies.
• Well Qualified - Meets the minimum qualification requirements and has a moderate amount of skills and experience in most of the job related competencies.
• Qualified - Meets the minimum qualification requirements, but may have a limited amount of experience in several of the job related competencies.

You must provide a complete Application Package, which includes:

• Required: Your responses to the Questionnaire.
• Required: Resume - Resumes should include relevant work experience, with specific employment dates, that demonstrates qualifications for the specialized experience and competencies as outlined above. If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position. Resumes that exceed two pages will be deemed ineligible and receive no further consideration. For resume writing tips, visit USAJOBS and the SEC careers page.
• Required, if you are a current or former Federal employee*: Your most recent Promotion, Within Grade Increase (i.e. WGI), or Appointment/Conversion SF-50 or non-award Notification of Personnel Action (if applying as a current or former Federal Employee) must show you are/were in the competitive service and the highest grade or promotion potential held. Note: If you are in the excepted service, your current agency must have an interchange agreement with OPM - for a list of agencies with current interchange agreements please click here.
• Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.)
• Required, if applicable: VEOA documentation (DD-214, member 4 copy or other documentation containing dates of service and character of discharge.)
• Required, if applicable: Special Hiring Authority eligibility documentation (VA letter, Schedule A eligibility letter, Peace Corp letter, etc)
• Required, if applicable: Land Management Workforce Flexibility Act supporting documentation.

Next steps