Duties
The Deputy Director for Examinations oversees financial and non-financial examinations related to the oversight of Market Participants, including SDs, FCMs, and retail foreign exchange dealers futures associations. The Deputy Director serves as a consultant and principal advisor to the Director concerning the Division's Examination program. The work performed by Branch staff may result in potential regulatory actions, including recommendations for enhancing oversight programs, issuance of staff advisories and interpretations, proposal of Commission rulemakings, and enforcement referrals. If selected for this position, you will;
- Develop and maintain procedures used to examine and review Market Participants and SROs in assessing their compliance with the Act, Commission regulations, and Division policy statements and interpretations.
- Conduct oversight and plan and supervise direct examinations of Market Participants undertaken by the Division to monitor their compliance with the Act and Commission financial and related reporting regulations. Routine examinations of Market Participants are performed by SROs, however, the Branch may conduct direct examinations of any registrant for cause or conduct direct examinations across several registrants in furtherance of the analysis of a specific issue or practice by registrants.
- Oversee the development of operational programs and supervision of the Branch’s oversight and examinations of SROs, including the National Futures Association and Chicago Mercantile Exchange. Such oversight and examinations are designed to evaluate an SRO’s performance in executing its examination and financial surveillance programs over member Market Participants for compliance with applicable provisions of the Act, Commission regulations, and staff guidance or interpretations.
- Manage the Branch’s overall program for the oversight of applicable financial surveillance activities of Market Participants, including the Branch’s work in assessing compliance with regulatory capital requirements. Participate in the planning, supervision and execution of any on-site investigations and oversee the resolution of issues raised by such reviews.
- Ensure appropriate and timely follow-up investigations of notices received from Market Participants, SROs, and public accountants relating to financial issues.
- Present the position of the Division concerning issues and other matters pertaining to financial examinations and reviews of Market Participants, and issues and other matters pertaining to an SROs execution of its financial surveillance and compliance programs for member Market Participants.
- Represent the Division at conferences, seminars, workshops, committees and meetings.
- Oversee the research and analysis of problems, issues, trends, and requirements concerning financial compliance and the preparation of analytical reports or recommendations for future actions.
- Provide executive direction and oversight and shares fully in the planning, organizing, directing, controlling, and coordinating the Branch.
- Establish and evaluate the goals, and the progress made toward achieving them, and institutes policies and procedures directed toward improving the efficiency and effectiveness of the Branch. Determine resource needs and allocates personnel, funding, and material to achieve overall work objectives. Manage the human, financial and material resources of the Branch.
- Build coalitions with other CFTC Directors and maintains effective relationships with regulated industry participants, other agencies, members of Congress and other interested parties.
- Assign and review work of subordinates. Set work priorities and assures timely performance of a satisfactory amount and quality of work. Delegated authority to subordinates to direct and manage operations under their immediate control. Make decisions on major policy and work issues presented by subordinates.
- Develop performance standards and prepares performance ratings for positions supervised. Serves as rating or reviewing official as appropriate. Interview and recommend selections for supervisory and non-supervisory positions. Hear grievances and serious employee complaints not resolved at a lower level; reviews serious disciplinary cases such as those proposing suspension or removal.
Requirements
Conditions of employment
- U.S. Citizenship
- Background/Security Investigation
- May be required to serve a one-year supervisory probationary period
- Selective Service Registration is required for males born after 12/31/1959
Your resume must include information that emphasizes progressive leadership responsibilities for positions held to include the scope and complexity, program accomplishments, and results of executive actions taken. Additionally the resume must include information that addresses how your qualifications relate to the Mandatory Technical Qualification (MTQs) and the Executive Core Competencies (ECCs).
Qualifications
CT-16 Level: To qualify for the CT-16 level you must have at least one year of specialized experience equivalent to the next lower grade (GS/CT-15 level). Specialized experience is defined as experience examining registrants for compliance with regulations, exchanges, and clearinghouse requirements. This specialized experience includes oversight, management, and conduct of a wide range of financial examination activities including directing the work of others.
In addition, you must show that you possess the Executive Core Competencies (ECCs) and Mandatory Technical Qualifications (MTQs) related to this position within your resume - NOT TO EXCEED 2 PAGES. Resumes over the 2-page limit, will not be reviewed beyond page 2 or may be disqualified. Your resume should include examples of experience and accomplishments applicable to the MTQs and ECCs. If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position.
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. Candidates will not be hired based on their race, sex, color, religion, or national origin.
Additional Assessment: Applicants who meet the specialized experience requirements will also be assessed on the following MTQs. A supplemental narrative must be uploaded and attached to your application addressing each MTQ listed below. Please limit your response to one page for each MTQ.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): Your resume should demonstrate accomplishments that would satisfy the technical qualification.
- MTQ 1- Experience examining registrants for compliance with the CEA, CFTC regulations, and exchange and clearinghouse requirements.
- MTQ 2 - Experience and skill in advising registrants on the development and remediation of governance, risk management, and compliance programs in the context of registration, examinations, and enforcement actions.
EXECUTIVE CORE COMPETENCIES (ECCs): In addition to the Mandatory Technical Qualification Requirements listed above, your resume will be assessed for executive competency against the following four mandatory ECCs.
- Leading the Organization - Develops and implements an organizational vision that integrates program goals, priorities, and values. Is able to build coalitions to execute the organizational vision with buy-in from internal and external stakeholders.
- Leading Others - Provides a clear direction and inspires others towards meeting the mission and vision in a changing environment. Displays the ability to provide constructive feedback, supports the resolution of conflict, demonstrates a collaborative and cooperative approach.
- Leading Yourself - Understands personal strengths and weaknesses and objectively views their behavior. Seeks and accepts constructive feedback and adapts personal leadership style/strategies as needed to most effectively build trust and lead their division/office. Takes advantage of learning opportunities to increase effectiveness.
- Driving Results - Ability to meet organizational goals and customer expectations. Makes decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. Assesses and adjusts to implementing innovative solutions to make organizational improvements. Develops and executes plans that achieve outcomes for the organization.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., professional philanthropic, religious, 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.
Note: This position is being advertised competitively via delegated examining procedures. Current Members of the SES, those that have been certified through successful participation in an OPM approved SES Candidate Development Program (SESCDP), or have SES reinstatement eligibility, MUST ensure the CFTC's ECCs are demonstrated within their experience and accomplishments. Proof of eligibility for a noncompetitive SES appointment (e.g., SF-50, Certification by OPM's SES Qualifications Review Board (QRB)) will not be accepted. If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position.
Education
To be creditable, education must have been obtained in an accredited college or university. You must report only attendance and/or degrees from schools accredited by accrediting institutions that are recognized by the U.S. Department of Education. For a list of schools that meet this criterion, see www.ed.gov.
SPECIAL INSTRUCTIONS FOR FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
Additional information
This position is not in the Bargaining Unit.
Relocation. Relocation expenses will not be paid.
EEO Policy Statement. The United States Government does not discriminate in employment on the basis of race, color, religion, sex, national origin, genetic information, political affiliation, sexual orientation, marital status, disability, age, membership in an employee organization, or other non-merit factor.
Reasonable Accommodation. Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application and hiring process should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.
Probationary Period. As a condition of employment for accepting this position, you will be required to serve a 1-year probationary period during which we will evaluate your fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider:
• your performance and conduct;
• the needs and interests of the agency;
• whether your continued employment would advance organizational goals of the agency or the Government; and
• whether your continued employment would advance the efficiency of the Federal service.
Upon completion of your probationary period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.
The law prohibits public officials from appointing, promoting, or recommending their relatives. The law prohibits requesting, making, transmitting, accepting, or considering political recommendations for employment or other personnel actions for non-political positions. This includes recommendations from Members of Congress, Congressional employees, elected state or local officials, and political party officials and any recommendation based on party affiliation.
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.
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.
How you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
ECCs and MTQs must be thoroughly addressed within your two (2) page resume. Once the application process is complete, a review of your resume and supporting documentation will be conducted. If you meet minimum qualifications, your resume will be further evaluated by a panel of subject matter experts to determine how well you meet the ECCs and MTQs criteria listed above. A panel of subject matter experts will place your application in one of three predefined categories: Best Qualified, Well Qualified, or Qualified. Within each category, those determined to be entitled to Veterans' Preference, consistent with 5 U.S. Code § 3319, who have supplied all appropriate documentation will be listed at the top of the category in which they are placed based on evaluation of their complete application. Minimally qualified preference eligibility candidates with a service-connected disability of 10% or more will be listed at the highest quality category.
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Required Documents
You must provide a complete Application Package, which includes:
- Resume showing all relevant and related experience (2 pages max);
- MTQ Narrative Responses: Please upload narrative statements (one page per MTQ);
- Most recent performance evaluation (strongly recommended);
- Veterans' preference documentation, if applicable.
Veterans Preference: If you are entitled to veteran preference, you should indicate the type of veteran preference you are claiming on your resume. In order to verify your veteran preference entitlement, please submit a copy of your veteran's documentation including a DD-214 (member 4 copy preferred, however, the documentation provided must contain dates and character of service); official statement of service from your command if you are currently on active duty; or other official documentation (e.g., documentation of receipt of a campaign badge or expeditionary medal) that shows your military service was performed under honorable conditions. In addition, if you are a disabled veteran, a Purple Heart recipient, or widow/widower of a veteran, the spouse of a disabled veteran or the natural mother of a disabled or deceased veteran, you must submit a Standard Form (SF) 15, “Application for 10-Point Veteran Preference,” and the other required documentation identified on the reverse side of the SF-15 to support your preference claim. Although veteran preference points are not assigned under the category rating procedures described under “How You Will Be Evaluated,” veteran preference eligibles are listed ahead of non-veterans within each category for which they are qualified.
OPM must authorize any employment offers made to current or former (within the last 5 years) political Schedule A, Schedule C, or Non-career SES employees in the executive branch. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, or Noncareer SES employee in the executive branch, you must disclose that to the Human Resources Office.
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from
schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.