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

Job Title:Economist

Agency:Commodity Futures Trading Commission

Job Announcement Number:CFTC-DMO-2013-0040

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

The contents of the announcement can still be viewed.

SALARY RANGE:

$61,956.00 to $110,117.00 / Per Year

OPEN PERIOD:

Wednesday, February 27, 2013 to Wednesday, March 13, 2013

SERIES & GRADE:

CT-0110-09/11

POSITION INFORMATION:

Full Time - Permanent

PROMOTION POTENTIAL:

13

DUTY LOCATIONS:

1 vacancy in the following location(s):
Washington, DC, USView Map
20581View Map

WHO MAY APPLY:

We will accept applications from U.S. Citizens. Applicants with status or those eligible under special hiring authorities, should apply under CFTC Merit Promotion announcement CFTC-DMO-2013-0038 however if you desire consideration also and 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.)

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 the American public by promoting market integrity, transparency and preventing and prosecuting fraud, manipulation and other abuse in the futures and options markets. Please visit www.cftc.gov to learn more about the CFTC.

This position is in the Division of Market Oversight, where the incumbent serves as an Economist.

KEY REQUIREMENTS

  • U.S. Citizenship
  • Background/Security Investigation
  • Males born after 12-31-1959 must be registered for Selective Service

DUTIES:

Back to top

  • Plans and carries out economic reviews and analyses of derivatives contracts (e.g., futures, options on futures, and swaps), rule changes to the terms and conditions of existing derivatives contracts, applications for designation as a contract market, registration as a swap execution facility or registration as a swap data repository, and filings by foreign boards of trade, to determine their conformance with the economic and other requirements under the Commodity Exchange Act and the Commission’s rules and policies.
  • Based on a technical knowledge of futures, options on futures, and swap markets, cash market operations, and the economic standards under the Commodity Exchange Act, provides advice and counsel in regard to contract design issues, enforcement actions, technical assistance to foreign governments and exchanges.
  • Conducts studies and analyses related to derivative markets and regulatory issues. Makes inferences based on these analyses, and prepares both oral and written reports on the analyses and related findings.
  • Perform other duties as assigned.
 


QUALIFICATIONS REQUIRED:

Back to top

GS-9 Level: To qualify for the GS-9 level, you must meet the basic requirements listed above and have one year of specialized experience equivalent to the next lower grade (GS-7 level). Examples of qualifying specialized experience include: experience applying and using economic and statistical concepts, techniques, and methods; identifying and resolving data abnormalities; estimating and manipulating data; working collaboratively with others or as a part of a team to develop economic statistics or reports and other economic/statistical materials; communicating in person or in writing on economic related topics; and using IT tools to develop computer programs, subroutines, or data processing algorithms.

 

OR

 

2 years of progressively higher level graduate education leading to a master's degree or master's or equivalent graduate degree

 

GS-11 Level: To qualify for the GS-11 level, you meet the basic education requirements and have one year of specialized experience equivalent to the next lower grade (GS-9 level). Examples of qualifying specialized experience include: experience applying and using economic and statistical concepts, techniques, and methods; identifying and resolving data abnormalities; estimating and manipulating data; working collaboratively with others or as a part of a team to develop economic statistics or reports and other economic/statistical materials; communicating in person or in writing on economic related topics; and using IT tools to develop computer programs, subroutines, or data processing algorithms.

 

OR

 

A Ph.D. in Economics or you must have three years of progressively higher level graduate education leading to a Ph.D. in Economics.


Education: A Degree in economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. OR B. Combination of education and experience--courses equivalent to a major in economics as shown in A above, plus appropriate experience or additional education. The education generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. If you are qualifying based on foreign education, you must submit proof of creditably of education as evaluated by a credentialing agency.

PLEASE PROVIDE COPY OF MOST RECENT Relevant COLLEGE TRANSCRIPTS. 

Must have a working knowledge of financial principles and theories. A basic knowledge of economic theory and of commodity futures and options trading theory; training in econometrics or multivariate statistics as the undergraduate level. Good data presentation skills. Basic knowledge is essential to providing accurate and useful data to OCE research initiatives. Must be able to communicate clearly and effectively the conclusions from basic statistical analyses.

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:

Back to top

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/EmployeeBenefits/index.htm.



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:

Back to top

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:

Larry Mack
Phone: 202-418-5013
Fax: 202-418-5521
Email: lmack@cftc.gov
Agency Information:
Commodity Futures Trading Commission
CFTC
Three Lafayette Centre
1155 21st Street, NW
Washington, DC
20581
US
Fax: 202-418-5521

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.”


Back to top
Dock
Print Preview

Job Announcement Number:

CFTC-DMO-2013-0040

Control Number:

338658600