Clarification from the agency

This position is open to current SEC employees in the Division of Corporation Finance. This position is open to: Well-qualified surplus/displaced Federal employees (i.e., CTAP) in the local area and current U.S. Securities and Exchange Commission employees.

The Disclosure Operations (DO) Associate Director position is in the Division of Corporation Finance located in Washington, DC.

In addition to serving as a member of the Division's Senior Staff and leading the Division to meet its strategic priorities, you would be a member of Division leadership responsible for oversight of the Disclosure Review Program, including the Division's selective review of offering documents and periodic filings submitted pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. You would supervise multidisciplinary offices that conduct reviews to ensure compliance with the applicable disclosure and accounting requirements and collaborate with the Division's senior leadership to set guidelines for interpretive positions taken by staff, consistent with the Commission's statutory mission.

Typical duties include:

1. Advising on transactions and interpretive questions arising under the Securities Act of 1933; the registration, reporting, proxy and other disclosure and fraud provisions of the Securities Exchange Act of 1934; the Sarbanes-Oxley Act of 2002; the Dodd-Frank Wall Street Reform and Consumer Protection Act; and the rules and regulations promulgated under the foregoing statutes; assuring compliance with the requirements of the forms and procedures administered by the Division.
2. Developing new policies and procedures in response to emerging trends, changing priorities and new rules and regulations.
3. Supervising the maintenance of an informational and legal interpretative program in assigned offices to assist and advise registrants, prospective registrants, accounting firms, legal firms, financial firms, investment firms, and the general public with respect to the registration, reporting, and other disclosure requirements of the statutes and rules administered by the Division.
4. Establishing review goals and assisting the Deputy Director, Disclosure Operations with administration of the Disclosure Review Program to efficiently achieve specified goals and objectives. Maintaining policies, procedures and resources to reflect current priorities.
5. Providing guidance and leadership to direct reports, including assigned Industry Office Chiefs, and collaborating with other Division offices to enhance the effectiveness of filing review policies and procedures and individual filing review outcomes.
6. Serving as an advisor on a broad set of functions that support innovation in Disclosure Operations. Maintaining the Division's outreach and consultation efforts to inform our work to facilitate capital formation and enhance investor protection.
7. Perform the administrative and human resource management functions relative to supervised staff including: plans, schedules, and assigns work; establishes guidelines and performance expectations for staff; provides feedback; periodically evaluates employee performance; oversees training and development of staff; manages time and attendance; promotes a diverse and inclusive work environment that drives a positive "tone at the top"; and carries out Equal Employment Opportunity (EEO) policies through active participation in program activities that foster positive working relationships and collaborative behavior

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 and may be filled from any division or office within the agency.
• This position has promotion potential to the SO-02.
• PROBATIONARY PERIOD: This appointment may require completion of a two year supervisory/managerial 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 not in the collective bargaining unit.
• For consideration at the SO-2 level, you must currently hold a SO-2 position within the SEC.
• This position is open to current SEC employees in the Division of Corporation Finance only.

Qualifications

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

Time-in-grade for this announcement is one year at the GS/SK-14 level.

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:

Candidate must possess: Degree: accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.")
OR
Combination of education and experience -- at least four (4) years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must include ONE of the following:

1. 24 semester/36 quarter hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 semester/9 quarter hours of business law;
2. A certificate as Certified Public Accountant or Certified Internal Auditor, obtained through written examination; or
3. Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester/22 quarter hours, but that does not fully satisfy the 24-semester hour/36-quarter hour requirement in paragraph A, provided that (a) the applicant has successfully worked at the full performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the four-year course of study described in paragraph A; and (c) except for literal non-conformance to the requirement for 24 semester/36 quarter hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.

1. Developing policy for an organization related to the securities industry;
2. Serving as a senior accounting adviser, providing program direction, technical leadership, and oversight to the activities of the accounting and auditing phases of a program; and
3. Preparing or reviewing public company financial statements and SEC filings and applying Regulations S-X and S-K, GAAP and related interpretations, or interpretive accounting and financial reporting releases of the SEC to resolving complex or novel financial reporting issues.

How you will be evaluated

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

After the vacancy announcement closes, all applicants will be notified of their application status.
Applicants who receive a tentative eligible rating will first be reviewed to confirm they meet the basic qualification and eligibility requirements. Those who meet these requirements will be referred to a resume review panel, designated by the hiring office. The panel will evaluate applications and rate candidates based on how well the resume shows the required qualifications and competencies for the position. Your resume must clearly demonstrate that you meet the qualifications for the position.

Additional application materials submitted outside of the USAJOBs system or after the position is closed will not be accepted, unless requested by the hiring office as part of the evaluation process (e.g. writing sample).

Once the resume review panel has completed their review of all applicants, they will recommend the top candidates for referral to the hiring manager. The hiring office will schedule the interview(s) directly with the recommended candidates.

When the selection is made, applicants will be sent a referral status notification and a final disposition notification.

You will be rated on the following Competencies:

1. Leading the Organization: Building and supporting the organization's vision, creating strategies to achieve the vision, supporting and leading innovative and creative initiatives to meet organizational goals.
2. Leading and Developing People: Ability to recruit, lead, develop and manage the workforce, constructively manages differences and potential conflicts between employees, building teams that meet and exceed an organizations' mission, strategic plan, and goals.
3. Results Orientation: Ability to meet organizational goals by effectively managing program area, identifying and solving important problems, making sound and timely decisions, and effectively managing and sharing information.
4. Building Coalitions: Ability to build coalitions by partnering with others to build strategic relationships, influencing and negotiating with those in sphere of influence to achieve favorable outcomes for an organization.
5. Disclosure Examination: Reviews and analyzes disclosure documents in accordance with relevant rules, regulations, accounting principles, standards, and Commission, Division, and Office positions and interpretations to determine compliance with SEC and industry regulations.
6. Disclosure Guidance and Advice: Applies legal and accounting expertise, and knowledge of industry issues and current topics, to provide guidance and recommendations to others.