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)!

 

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

 

The Division of Trading and Markets establishes and maintains standards for fair, orderly, and efficient markets. The Division regulates the major securities market participants, including broker-dealers, self-regulatory organizations (such as stock exchanges, FINRA, and clearing agencies), and transfer agents.

This position is in the Division of Trading and Markets, Office of Broker Dealer Finances located in Washington, DC. 

To find out more, go to http://www.sec.gov/jobs.shtml.

Duties

As the senior operations specialist in the Office of Broker Dealer Finances, Division of Trading and Markets, you will:

·         Perform on site reviews of specific areas of concern in a wide variety of broker dealer operations support functions and provide an independent evaluation to senior management in the Agency. The range of potential areas for concern could include: conduct an in depth review of the efficiency of the accounting process and related internal controls ( both systemic and manual) to produce an accurate set of books and records daily , e.g. the daily stock record; conduct an in depth review of compliance with Exchange Act Rule 15c3-3 (the Customer Protection Rule), including policies and procedures regarding possession and control requirements and the calculation of the reserve formula deposit requirement; compare and contrast best practices of broker dealers regarding their compliance with Rule 15c3-3; review procedures relating to cash sweep products offered to clients; evaluate the efficacy of processes to resolve the fails to receive and fails to deliver operations; illuminate the efficiency of operations procedures in minimizing the charges to capital emanating from operations units;

·         Monitor and evaluate current industry trends relating to the general field of broker dealer operations, e.g., impact of Reg SHo on short sales and fails to deliver, impact of industry imposed penalty on fails to deliver for selected MBS transactions, adequacy of protection for customer assets under current cash sweep programs.

·         Provide training to Trading and Markets staff on operations disciplines and topics as directed.

·         Provide coordination for operations centric issues across the various divisions and offices in the Agency.

·         Represent the division as directed at conferences or task forces relating to operations issues.

·         Make presentations to senior management.