Job Overview

Summary

Do you want to perform challenging work in a collegial environment, while enjoying quality of life and a competitive compensation package? Invest in your career at the U.S. Securities and Exchange Commission (SEC)!

Do you want to perform challenging work in a collegial environment, while enjoying quality of life and a competitive compensation package? Invest in your career at the U.S. Securities and Exchange Commission (SEC)!

The SEC's mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The agency seeks high-caliber professionals who share the same values of integrity, fairness, accountability, resourcefulness, teamwork, and commitment to excellence.

The SEC offers a number of enhanced pay and benefits plus the standard Federal benefits:

·         The SEC also has a Student Loan Repayment program for permanent employees. Up to $10,000 a year (60K cap) in student loan repayments for those who meet program criteria.

·         Paid dental insurance and vision insurance.

·         Increased agency subsidy for health insurance which supplements your health benefits premiums by $25 for self-only coverage, and $50 for family coverage.

·         Mass transportation subsidy up to $245 per month.

·         Telework Opportunities

·         Domestic Partner Health Insurance Reimbursement Program

Salary Range:   New York Regional Office - SK-13 $101,660-$169,559; SK-14 $116,731-$194,739

                      Chicago Regional Office -   SK-13 $97,647-$162,905; SK-14 $112,124-$187,053 

Travel is required.

Duties

Serves an an annountant in the Office of Clearance and Settlement in the Office of Compliance Inspections and Examinations.  Within the assigned area, interacts with senior management and personnel in various functions within registered and exempt clearing agencies to gain an understanding of their business, financial, and processing model and associated risks and internal controls.

Tailors examination approach and methods, in consultation with supervisor, based on clearing agency’s business, financial, and processing model, identified and emerging risks, and/or changes to regulations / standards / practices.

Conducts examinations (which may include work-throughs, sampling, data analysis) in accordance with standards.  Works with internal divisions and offices (e.g. Division of Trading and Markets, Office of International Affairs), and other US and non-US regulator bodies (e.g. CFTC, Federal Reserve Board, FSA) where specified to help ensure effective and efficient regulatory activity.

Compiles appropriate documentation and support for reports and other communications, drafts reports (including executive summary, business context, results of examinations, and recommendations), and drafts communications to clearing agencies.

Participates in meetings with, and reviews/conducts analysis on information provided by, clearing agencies and/or other regulators regarding risk management, governance, finance, operations, and control activities (e.g. internal audit, compliance).

Participates in meetings to communicate examination results or other regulatory activities.

Provides input into enhancing examination approaches, methods, processes, and training including relating to financial, operations, governance concepts.

Gains knowledge of clearance and settlement trends, activities, practices, and internal controls through interaction with internal and external parties, trainings, and review of regulations and written materials such as CPSS IOSCO standards, financial practices.