Clarification from the agency

Applications will be accepted from all US Citizens.

As a Risk Analyst (Risk Analytics) the incumbent:

• Participates in the design, development, and maintenance of RSB’s advanced risk analytics platform to measure, monitor, and assess risk exposures across exchange-traded futures and options, cleared and uncleared swaps, and related cash or physical markets, as well as major participants in these markets.
• Participates in the design, coordination, and execution of the CFTC’s periodic supervisory stress tests by collaborating with DCR staff and with other relevant regulatory authorities.
• Plans, coordinates, and leads the development of tools for risk surveillance activities for evaluating market risk at clearing members and DCOs, conducting stress test analyses, and identifying market participants that pose unusual levels of risk.
• Ensures availability, functionality, integrity, and upgrading of DCR's financial surveillance applications to identify firms or large traders carrying potentially risky positions in these markets. Leads in the remediation of loss of availability or functionality of applications and any requested tool enhancements.
• Develops and deploys analytical tools that evaluate the sufficiency of margin levels for derivative products subject to CFTC oversight, with a focus on DCOs and cleared market margins.
• Leads the development and monitoring of DCR's financial surveillance applications with the assistance of the Division of Data (DOD), defining and communicating functional and system requirements and specifications to contractors, and identifying/implementing enhancements of DCR's financial surveillance applications.

Conditions of employment

• U.S. Citizenship
• Background/Security Investigation
• Selective Service Registration is required for males born after 12/31/1959
• May be required to serve a one-year probationary period

Qualifications

CT-14 Level: To qualify for the CT-14 level you must have at least one year of specialized experience equivalent to the next lower grade (GS/CT-13 level).  Specialized experience is defined that through which one has gained experience:

• Managing the design, development, and deployment of large-scale information technology projects to ensure continuous system operations and resolve time-sensitive issues related to risk surveillance and quantitative analysis.
• Conducting financial stress testing and analyzing market data (e.g. pricing, volatility, and margin portfolios) to assess the potential impact of market changes on the financial condition of futures and swaps market intermediaries.
• Developing new financial analysis approaches and methodologies to conduct effective risk surveillance of individual traders, derivatives market intermediaries, and clearing organizations.
• Leading project teams responsible for analyzing market data regarding pricing and volatility to determine the potential financial impact on the condition of individual traders, market intermediaries, and clearing organizations.

How you will be evaluated

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

This position uses a multiple-hurdle assessment process. Your application will be reviewed in a series of steps, and you must successfully pass each step to move forward in the hiring process. Only applicants who meet the required qualifications and achieve a passing score at each stage may advance. Applicants who do not pass a step will not continue to subsequent assessments.

Required Document Details:

You must provide a complete Application Package, which includes:

• Resume showing all relevant and related experience (two pages max). If selected, your resume will be used to determine your initial pay setting decision;
• Cover Letter (optional);
• Performance appraisal (optional);
• Work Sample (optional, but highly encouraged):

  • Please include a code sample for review by CFTC staff. The code sample must be:

    • your own work
    • legally allowed to be shared with CFTC staff
    • written in Python, R, or SAS
    • 1,000 rows or less 

    Note: Do not include any input or output data with the code sample.

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. 

Interagency Career Transition Assistance Program (ICTAP): The ICTAP provides eligible displaced federal competitive service employees with selection priority over other candidates for competitive service vacancies. If your agency has notified you in writing that you are a displaced employee eligible for ICTAP consideration, you may receive selection priority if: 1) this vacancy is within your ICTAP eligibility, 2) you apply under the instructions in this announcement, and 3) you are found well-qualified for this vacancy.  To be well qualified, you must score 85 or better on established ranking criteria. You must provide proof of eligibility with your application to receive selection priority. Additional information about ICTAP eligibility is at:
http://www.opm.gov/ctap/index.asp.ICTAP

Career Transition Assistance Program (CTAP): Provides eligible surplus and displaced competitive service employees in the CFTC with selection priority over other candidates for competitive service vacancies. If CFTC has notified you in writing that you are a surplus or displaced employee eligible for CTAP consideration, you may receive selection priority if: 1) this vacancy is within your CTAP eligibility, 2) you apply under the instructions in this announcement, and 3) you are found well-qualified for this vacancy. To be well qualified, you must rate equivalent to the Well Qualified or better category using established rating criteria. You must provide a copy of your written notification of CTAP eligibility with your application. Additional information about CTAP eligibility is at: http://www.opm.gov/ctap/index.asp.

ICTAP/CTAP Candidates MUST submit:
1. A copy of their agency reduction-in-force notice;
2. A copy of your most recent Performance Rating;
3. A copy of your most recent SF-50 noting current or last position held, the grade level, and the duty location; and
4. A copy of your notice of proposed removal for declining a directed reassignment or transfer of function outside the local
commuting area or documentation showing you were separated as a result of RIF or declining a directed reassignment or
transfer of function outside the local commuting area.

Next steps