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    This position is located in the Examinations Branch of the Division of Clearing and Risk. The Examinations Branch plans and executes examinations of derivatives clearing organizations (DCOs) to determine compliance with the Commodity Exchange Act (Act) and Commission regulations and monitors financial, operational, and risk activities of DCOs to monitor the actual and potential implication of market events or systems events. 

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    If selected for this position, you will serve as the Associate Director responsible for managing and supervising teams of professional, technical, and support staff who execute financial, operational and risk examination activities. The Associate Director oversees work operations of professional staff responsible for assessing compliance with CFTC regulations and performing oversight activities of DCOs.  This will include the following:

    • Provide expert advice and technical guidance to the Deputy Director in the formulation of an annual plan of examinations.  Ensure the planned examinations are carried out in an efficient and effective manner.
    • Prepare risk assessments that identifies potential areas of risk at a DCO and ranks each risk.  This includes assessing business risks related to the DCOs risk management policies and procedures and the identification of potential controls that are not in place to control risks. 
    • Lead in setting examination scopes and priorities for oversight and examinations of DCOs concerning their financial resources, operational capabilities, and risk management activities with minimal guidance from the Deputy Director.  Conduct meetings with other regulators regarding common registrants, including the Board of Governors of the Federal Reserve for systemically important DCOs and manages this relationship.
    • Provide leadership and guidance to teams by: identifying, distributing, and balancing workload and tasks among employees in accordance with established work flow, skill level, and/or occupational specialization; adjusting workload and tasks among employees in order to accomplish the workload in accordance with established priorities to ensure timely completion of assigned tasks; and ensuring that each employee has an integral role in developing the final work product.
    • Supervise professional staff assigned to non-routine reviews arising from the notifications filed by DCOs, as well as reviews involving complex or unusual issues arising from the financial and operational information and analyses of such entities. Review and assess the sufficiency of the reports prepared by staff that details that analysis completed about the notifications. 
    • Assist the Deputy Director in developing new examination guides and programs for evaluating the compliance of DCOs with applicable Core Principles and establishing policies and procedures for conducting the examination.  Translate broad and ambiguous principles into practical program steps to be performed by staff.  Review the effectiveness of these programs to develop updated compliance criteria and examination approaches as necessary.
    • Participate with the Deputy Director in formulating policies and procedures for the Examination’s program.  Recommend changes to the examination program.
    • Serve as an expert regarding the Examination Branch’s internally developed software.  Assist other staff in understanding the output of the software and responds to general or specific questions posed by senior DCR staff, other CFTC staff, and Commissioners and their staff.
    • Coordinate the development of internally built tools along with tools built by the Office of Data Division.  This may take the form of defining and communicating functional and system requirements and offering suggestions for enhancements of the software applications.
    • Responsible for representation at program meetings, briefing reviews, technical assessments, training sessions and related activities for DCR senior staff and staff of other Commission offices/divisions regarding the examination program functions and activities.  Answer questions from DCR and other Commission staff and the public concerning the examination program.
    • Build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.
    • Perform special projects as assigned in the area of his/her responsibilities and in support of DCR’s responsibilities in general.

    Travel Required

    Occasional travel - 10-15% Annually

    Supervisory status


    Promotion Potential


This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/615571900. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.