This Position Is No Longer Available
  1. Overview
  2. Duties
  3. Qualifications & Evaluations
  4. Benefits & Other Info
  5. How to Apply

Job Title:Risk Analyst

Agency:Commodity Futures Trading Commission

Job Announcement Number:CFTC-DCR-2013-0009

This position is closed and no longer accepting online applications through USAJOBS.

The contents of the announcement can still be viewed.

SALARY RANGE:

$75,493.00 to $158,046.00 / Per Year

OPEN PERIOD:

Wednesday, February 20, 2013 to Tuesday, October 22, 2013

SERIES & GRADE:

CT-1101-11/13

POSITION INFORMATION:

Full-Time - Permanent

PROMOTION POTENTIAL:

14

DUTY LOCATIONS:

2 vacancies in the following location:
Chicago, IL, USView Map

WHO MAY APPLY:

We will accept applications from any U.S. citizen including applicants eligible under special hiring authorities.

JOB SUMMARY:

Apply now for an exciting opportunity at the Commodity Futures Trading Commission (CFTC). With an expanded mission and authority to include oversight of the swap markets, the CFTC continues to protect market users and the public from fraud, manipulation, abusive practices and systemic risk related to derivatives that are subject to the Commodity Exchange Act, and to foster open, competitive, and financially sound markets.  Please visit www.cftc.gov to learn more about the CFTC.

Applicants with status or those eligible under special hiring authorities, should apply under CFTC merit promotion announcement CFTC-DCR-2013-0010. However, if you desire consideration also under this public non-status announcement, you must apply to both. Status applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.)

 

This position is located in the Examination Branch of the Division of Clearing and Risk (DCR).  The Examinations Branch plans and executes examinations of derivatives clearing organizations (DCOs) to determine compliance with the Commodity Exchange Act (Act) and Commission regulations.

KEY REQUIREMENTS

  • U.S. Citizenship.
  • Background/Security Investigation.
  • Males born after 12-31-1959 must be registered for Selective Service.
  • Travel will be required and is estimated at 10 to 15 percent annually.

DUTIES:

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As a Risk Analyst in the Examination Branch of the Division of Clearing and Risk, you will be responsible for conducting examinations of derivative clearing organizations (DCOs) to determine compliance with the Commodity Exchange Act and Commission regulations, providing technical assessments and evaluations related to the impact of financial risk, credit risk, liquidity risk, and operational risk, and monitoring the potential effects of the DCO’s risk management and other arrangements for clearing, margining, and settlement of derivatives products. You will also:

  • Execute risk surveillance activities for assessing and evaluating financial, counterparty and position risk at DCOs, futures commission merchants, swap dealers, and major swap participants, including using financial surveillance and risk surveillance applications to gather information, conduct analyses and identify market participants that pose unusual levels of risk.
  • Assemble and analyze information obtained during the examination process to prepare detailed reports, charts, and schedules describing the work conducted, including preparing segments of examination reports that set forth findings, conclusions, and recommendations, and communicates results to senior management.
  • Review periodic DCO financial statement filings.
  • Participate in the development of financial and risk surveillance applications used in conducting oversight of DCOs.
  • Travel will be required and is estimated at 10 to 15 percent annually.


QUALIFICATIONS REQUIRED:

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CT-11: 1 year of specialized experience equivalent to the CT-9 or GS-9; which includes performing risk surveillance work executing risk surveillance activities;

OR 3 years of progressively higher level, graduate-level education leading to a doctoral, L.L.M or L.L.B degree. Concentrations in business related fields, such as Accounting, Finance, Statistics, or Economics are preferred.

 

CT-12: 1 year of specialized experience equivalent to the CT-11 or GS-11; or specialized experience (which may have been gained as an Economist, Auditor, Risk Analyst or other financial professional) and includes:

-Experience in the execution of complex financial or risk surveillance activities such as counterparty credit analysis or familiarity with margin concepts;

OR

-Experience in conducting complex analysis or reviews of clearing organizations, futures commission merchants, banks, swap dealers or major swap participants.

 

CT-13: 1 year of specialized experience equivalent to the CT-12 or GS-12; or specialized experience (which may have been gained at the senior-level as an Economist, Auditor, Risk Analyst or other financial professional) and includes:

-Experience in the execution of complex financial or risk surveillance activities on a routine basis such as the use of quantitative techniques such as back testing or stress testing.

OR

-Experience in conducting complex analysis or reviews of clearing organizations, futures commission merchants, banks, swap dealers or major swap participants on a routine basis.


You must meet the qualifications requirements for this position by the closing date of this vacancy announcement.  See OPM's Qualifications Standards:  http://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/#url=GS-ADMIN

HOW YOU WILL BE EVALUATED:

Your application will be evaluated and rated under CFTC Category Rating and Selection Procedures.  Your resume and supporting documentation will be used to determine whether you meet the job qualifications listed on this announcement.  If you are minimally qualified for this job, your resume and supporting documentation will be compared to your responses on the online assessment questionnaire.  If you rate yourself higher than is supported by your application materials, your responses may be adjusted and/or you may be excluded from consideration for this job.  Your application will then be placed in one of three categories:  Best Qualified, Well Qualified, or Qualified.  Names of all candidates in the best qualified category will be sent to the hiring official for employment consideration.  Candidates within the best qualified category who are eligible for veterans preference will receive selection priority over non-veteran preference eligibles.


To preview questions please click here.


BENEFITS:

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We offer a comprehensive benefits package that includes, in part, paid vacation, sick leave, holidays, life insurance, employer paid dental, medical benefits, Life Cycle Fund and participation in the Federal Employees Retirement System. Explore the major benefits offered to CFTC employees at http://www.cftc.gov/About/Careers/Employee benefits/index.ht.

 



OTHER INFORMATION:

Relocation. Relocation expenses will not be paid.

 

Probation Period. Candidates selected under competitive examining procedures will subject to a one-year probationary period.

 

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 the Member Copy 4 of your DD-214 (Certificate of Release or Discharge from Active Duty); 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.  In addition, qualified veterans with a compensable service-disconnected disability of 10% or more are placed at the top of the highest quality category (i.e., Best 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 rate equivalent to the Well Qualified or better category using established rating criteria.  You must provide proof of eligibility with your application to receive selection priority.  Such proof may include a copy of your written notification of ICTAP eligibility or a copy of your separation personnel action form.  Additional information about CTAP eligibility is at:  http://www.opm.gov/ctap/index.asp.ICTAP 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.

 

Career Transition Assistance Plan (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.

 

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. 

 

Veterans Recruitment Act (VRA). VRA allows eligible veterans to be appointed without competition to any grade level through GS/CT-11 or equivalent.  VRA appointees are hired under excepted appointments to positions that would otherwise be in the competitive service.  Refer to http://www.opm.gov/staffingPortal/Vetguide.asp for additional information on Veteran’s Preference, VEOA, and VRA.

 

 

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.



HOW TO APPLY:

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YOU MUST APPLY ONLINE. Your complete application, including required documents, must be received by 11:59 p.m. Eastern Time (EST) on the closing date of this announcement. You must complete and submit an application by accessing the USAJOBS website at USAJOBS. To begin, click the Apply Online button near the bottom of this screen and follow the prompts to register into your USAJOBS account, answer the questions, and submit all required documents. To return to your saved application, log in to your USAJOBS account at USAJOBS and click on "Application Status." Click on the position title, and then select Apply Online to continue. If you have problems completing your on-line application, including problems submitting your supporting documents, please contact the Help Desk by e-mail at mgshelp@monster.com or phone at 866.656.6831. The help desk is available Monday-Friday, 7:00 a.m. to 7:00 p.m. EST.



REQUIRED DOCUMENTS:

  • Resume showing relevant experience (cover letter optional).
  • An unofficial college transcript (Note: if you are selected for this position, official transcript(s) will be required prior to your first day. Submit only if specified in the announcement. )   (Use if education is being credited for the purpose of meeting minimum qualification requirements or if grade point average is being used to determine superior academic achievement.)
  • If you are requesting Veterans Preference, you must submit:
  1. Copy of the Member Copy 4 of your DD-214 (Certificate of Release or Discharge from Active Duty).
  2. Standard Form (SF) 15, “Application for 10-Point Veteran Preference.
  3. VA Letter

 

 

 

 

AGENCY CONTACT INFO:

Rosalind Epps
Phone: 202-418-5003
Fax: 999-999-9999
Email: repps@cftc.gov
Agency Information:
Commodity Futures Trading Commission
CFTC
Three Lafayette Centre
1155 21st Street, NW
Washington, DC
20581
US
Fax: 999-999-9999

WHAT TO EXPECT NEXT:

Your status will also be updated on USAJOBS throughout the process. To check your status, log on to your USAJOBS account, click on “Application Status,” and then click “More Information.”


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Job Announcement Number:

CFTC-DCR-2013-0009

Control Number:

338157500