Clarification from the agency

All US Citizens

• Supports the mission of the Division by providing rigorous quantitative and qualitative analysis of the asset management industry, its investment products, and their potential market impacts.
• Works with SEC staff in building sophisticated models, determining proper empirical methodology, organizing data collection, writing unique programs, preparing written reports, and summarizing studies in formal and informal presentations.
• Provides senior level technical expertise for the design and conduct of comprehensive, complicated financial data studies, surveys, reviews, and research projects where the boundaries are extremely broad and difficult to determine in advance.
• Conducts research in new financial instruments and strategies, options, and derivatives which involves the application of financial engineering methodologies and employing financial theory and applied mathematics, computation and programming.
• Writes code, database queries, or otherwise implement analyses that apply financial, market, and/or regulatory data to empirically evaluate matters of regulatory policy and to identify, monitor, or evaluate risks.
• Participates in examinations of registered investment advisers, investment companies, and private fund managers. Conducts interviews for compliance, risk, investment and operations professionals, quantitative/modeling experts at the firms.
• Provides technical advice on designing requests to elicit information about registrants' products, strategies, and related risk management procedures and controls, to inform policy and complement the team's risk monitoring efforts.

Conditions of employment

• You must be a US Citizen.
• Application procedures are specific to this vacancy announcement. Please read all the instructions carefully. Failure to follow the instructions may result in you not being considered for this position.
• Supplementary vacancies may be filled in addition to the number stated in this announcement.
• This position has promotion potential to the SK-14.
• PROBATIONARY PERIOD: This appointment may require completion of a one-year probationary period.
• SECURITY CLEARANCE: Entrance on duty is contingent upon completion of a pre-employment security investigation. Favorable results on a Background Investigation may be a condition of employment or selection to another position.
• DRUG TESTING: This position may be subjected to drug testing requirements.
• PERMANENT CHANGE OF STATION (PCS): Moving/Relocation expenses are not authorized.
• DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.
• This position is in the collective bargaining unit.

Qualifications

All qualification requirements must be met by the closing date of this announcement.

Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education.

BASIC REQUIREMENT:

• Degree: Mathematics, statistics, economics, or other quantitative field of study. The degree must be in a major field of study (at least at the baccalaureate level) that is appropriate for the position. Or
• Combination of education and experience: Courses equivalent to a major field of study as shown in item 1 above, plus additional education or appropriate experience.

1. Assisting with the the analysis of asset management data, applying the theories, principles, and processes of quantitative research; assisting with the interpretation of financial and securities industry data; using models and other types of data analysis and statistical software applications; AND
2. Assisting with the development, maintenance and/or validation of models used for forecasting, valuation, liquidity, instrument strategy selection, portfolio construction, or risk management; AND
3. Using sophisticated models related to investment portfolios and/or the asset management industry.

1. Independently and with little supervision working with asset management data, applying the theories, principles, and processes of quantitative research; interpreting financial and securities industry data; using models and other types of data analysis and statistical software applications; AND
2. Independently and with little supervision developing, maintaining and/or validating models used for e.g., forecasting, valuation, liquidity, instrument strategy selection, portfolio construction, or risk management; AND
3. Independently and with little supervision, using sophisticated models related to investment portfolios and/or the asset management industry, such as VaR and stress testing models, hedging techniques, credit risk, counterparty risk, market risk, valuation and pricing, and model sensitivity and risk statistics.

How you will be evaluated

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

We will review your resume and supporting documentation to determine if you meet the minimum qualifications for the position. If you meet the minimum qualifications stated in the vacancy announcement, we will compare your resume and supporting documentation to your responses on the scored occupational questionnaire. Your resume must support your responses to the scored occupational questionnaire. If it is determined you meet minimum qualification requirements, your application will then be placed in one of three categories: Highly Qualified, Well Qualified, or Qualified. Within these categories, applicants eligible for Veterans' Preference will receive selection priority over non-veteran preference eligibles.

Your qualifications will be evaluated on the following competencies (knowledge, skills, abilities and other characteristics):

• Communication, Financial Analysis, Risk Management, and Technical Competence