This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/486225700. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
The Office of the Chief Economist (OCE) conducts research on major policy issues facing the Commission; assesses the economic impact of regulatory changes on derivatives and related commodities and financial markets; participates in the development of Commission rulemakings; partners with other CFTC Offices and Divisions to provide quantitative and economic analysis for the Commission; conducts special studies and evaluations; and produces public-facing research targeting both the general public and academic audiences.
Note: Multiple selections will be filled from this announcement in each geographic location (Washington, DC, New York, NY)
12/08/2017 to 12/22/2017
$96,607 - $162,402 per year
CT 12 - 13
FEW vacancies in the following locations:
Occasional travel - 15% or less
No
Permanent
Full-time - Full Time
14
No
CFTC-OCE-2018-0001
486225700
As a Research Economist your duties will include the following:
Providing rigorous economic analyses related to derivatives (futures and swaps) markets. Evaluating market structure and trading practices in the futures, options and swaps markets for their impacts on price discovery, liquidity, and risk.
These responsibilities will contribute to the Commission's policy development and enforcement proceedings; the analyses will be used by the Commission's various Divisions. Th is includes conducting research on topics within the scope of the Commission's policy agenda that can be expected to maintain and enhance the Commission's standing among its peer agencies. In addition, research will serve to inform and educate the general public about markets the Commission regulates through white papers and peer-reviewed research publications.
Among the prospective topics of study are:
• systemic risk issues related to derivatives, including theoretical and empirical analyses of margin, clearing, liquidity, optimal levels of transparency, and market design;
• econometric analysis of derivatives data (exchange-traded and over-the-counter);
• theoretical and econometric analysis of high frequency data, including order book and message data;
• models of trading activity, intermediation, and market microstructure, including network analyses of derivatives markets;
• economic and empirical analysis of regulations on markets.
Post Dodd-Frank, the regulatory data available to the Commission includes over-the-counter swap transactions and positions from over 100 registered swap dealers. This rich data augments the traditional message, transaction, and position data for listed futures markets received by the Commission. This data and other data sets will be analyzed in order to provide advice and guidance to the Chief Economist and the Commission. As such, the incumbent is expected to have technical knowledge in (1) econometric analyses of high frequency data, (2) leading edge models of financial market behavior, and (3) experience with large, complex data sets. Experience analyzing unstructured data, coupled with a deep interest in the institutional practices associated with the data, would be beneficial.
You will be rated on the following Knowledge, Skills, and Abilities (KSAs):
Experience cannot be substituted by education at this grade level.
Relocation. Relocation expenses will not be paid.
Probationary Period. Candidates selected under competitive examining procedures will subject to a one-year probationary period.
CTAP and ICTAP. Candidates will be eligible if it is determined that they have exceeded the minimum qualifications for the position by attaining at least a rating of 85 out of 100. Information about CTAP/ICTAP eligibility is on the Office of Personnel Management's Career Transition Resources website at: http://www.opm.gov/ctap/index.asp.
CTAP applicants MUST submit the following documents: 1. A copy of your specific RIF notice, written notice of your expected separation or other documentation of priority consideration status; 2. A copy of your latest SF-50 - noting current position, grade level, and duty location; 3. A copy of your latest performance appraisal including your rating; and 4. Any documentation from your agency that shows your current promotion potential.
ICTAP applicants MUST submit the following: 1. A copy of your RIF separation notice, notice of proposed removal for failure to relocate, or notice of disability annuity termination; 2. A copy of your SF-50 "Notification of Personnel Action", documenting your RIF separation, noting your position, grade level, and duty location; 3. A copy of your latest performance appraisal including your rating; and 4. Any documentation from your agency that shows your current promotion potential.
The following links provide information on how you may be eligible for various hiring authorities: 1. VRA - http://federaljobs.net/veterans.htm 2. VEOA - http://opm.gov/staffingPortal/Vetguide.asp 3. 30% or more disabled veteran - http://opm.gov/staffingPortal/Vetguide.asp 4. Persons with disabilities - http://www.opm.gov/DISABILITY/ 5. CTAP - http://www.opm.gov/ctap/ 6. ICTAP - http://www.opm.gov/ctap/
EEO Policy Statement. The United States Government does not discriminate in employment on the basis of race, color, religion, sex, national origin, genetic information, political affiliation, sexual orientation, marital status, disability, age, membership in an employee organization, or other non-merit factor.
Reasonable Accommodation. Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application and hiring process should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case
The law prohibits public officials from appointing, promoting, or recommending their relatives. The law prohibits requesting, making, transmitting, accepting, or considering political recommendations for employment or other personnel actions for non-political positions. This includes recommendations from Members of Congress, Congressional employees, elected state or local officials, and political party officials and any recommendation based on party affiliation.
You will be evaluated for this job based on how well you meet the qualifications above.
Your application will be evaluated and rated under CFTC Category Rating and Selection Procedures. Your resume and supporting documentation will be used to determine whether you meet the job qualifications listed in this announcement. If you are minimally qualified for this job, your resume and supporting documentation will be compared to your responses on the online assessment questionnaire. If you rate yourself higher than is supported by your application materials, your responses may be adjusted and/or you may be excluded from consideration for this job. Your application will then be placed in one of three categories: Best Qualified, Well Qualified, or Qualified. Names of all candidates in the best qualified category will be sent to the hiring official for employment consideration. Candidates within the best qualified category who are eligible for veteran’s preference will receive selection priority over non-veteran preference eligibles.
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Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
YOU MUST APPLY ONLINE. Your complete application, including required documents, must be received by 11:59 p.m. Eastern Time (EST) on the closing date of this announcement. You must complete and submit an application by accessing the USAJOBS website at USAJOBS. To begin, click the Apply Online button near the bottom of this screen and follow the prompts to register into your USAJOBS account, answer the questions, and submit all required documents. To return to your saved application, log in to your USAJOBS account at USAJOBS and click on "Application Status." Click on the position title, and then select Apply Online to continue. If you have problems completing your on-line application, including problems submitting your supporting documents, please contact the Help Desk by e-mail at mgshelp@monster.com or phone at 866.656.6831. The help desk is available Monday-Friday, 7:00 a.m. to 7:00 p.m. EST.
Your status will also be updated on USAJOBS throughout the process. To check your status, log on to your USAJOBS account, click on “Application Status,” and then click “More Information.”
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/486225700. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
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