The Market Participants Division (MPD) leads the Commission’s efforts in protecting market participants and their funds by ensuring the financial integrity, fitness, and fair business conduct of derivatives market intermediaries. The Division oversees the registration and compliance of intermediaries and futures industry self-regulatory organizations, including U.S. derivatives exchanges and the National Futures Association (NFA).Learn more about this agency
The incumbent of this position serves as Associate Director (Branch Chief) of the New York Examinations Section of the Market Participants Division, Examinations Branch. The incumbent is principally responsible for implementing the Examinations Section's financial and sales practices oversight and audit program in the Commission's Eastern Regional office. The Branch carries out the following major program activities: (1) oversight and review of self-regulatory organizations' (SRO) enforcement of rules related to net capital, segregation of customers' funds, disclosure, sales practices, and related reporting and recordkeeping; (2) oversight and audit of registrant's compliance with the net capital, segregation, disclosure, sales practices, swap dealer requirements and related reporting and recordkeeping rules; (3) investigation of alleged violations of the Commodity Exchange Act and Commission regulations; (4) interpretation of such rules; and (5) analyses, reviews, studies and special projects related to the formulation of Commission rules or policies with respect to oversight, audit and review, and investigations. These activities are carried out by groups of auditors and, if necessary, futures trading specialists, each headed by a supervisory auditor (group leader) who reports to the Branch Chief. Specific duties of this position include the following:
- Participates with the Deputy Director in the formulation of policies and programs for audit and review which support the Commission's statutory authority to regulate and oversee the derivatives markets. Recommends to the Deputy Director revisions to policy and procedures which will improve the effectiveness and efficiency of the Division's audit and review programs.
- Provides policy direction, planning, and guidance to regional audit and financial review activities.
- If warranted, directs the Division's financial and sales practices oversight program activities over SROs allocated to the Eastern Region. Plans and oversees the conduct of oversight and review activities and the preparation of reports on the results of such reviews which are presented to the Commission.
- Directs the Division's oversight and audit of registrants allocated to the Eastern Region, ensuring that firms are selected and scheduled for audit, that audits are well-executed and documented, and that violations detected are resolved. Considers the implications of audit findings as they relate to the SRO's audit and financial surveillance programs.
- Plans and directs ventures in cooperation with the Division of Enforcement in the conduct of audits or investigations for the purpose of detecting and securing information and evidence relating to fraud or other prohibited practices.
- Advises and apprises the Deputy Director on all matters relating to the region's compliance programs, especially those situations which may impact upon programs or the work of other regions.
- Confers with SRO officials and members, determines important matters relating to procedures and action, and prepares special reports and recommendations relating to procedures as well as substantive matters.
Occasional travel - You will be required to travel on an occasional basis.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/599350300. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.