Duties

Summary

Apply now for an exciting opportunity at the Commodity Futures Trading Commission (CFTC). CFTC promotes the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation. Please visit www.cftc.gov to learn more about the CFTC.

Learn more about this agency

Responsibilities

The CFTC offers interns many developmental opportunities in the areas of accounting, auditing and financial management.

Duties may include:

• Performing a variety of routine technical accounting and auditing assignments in compliance with the appropriate principles, procedures, and techniques
• Examining accounting documents for proper authorization
• Creating excel spreadsheets
• Creating risk analysis tools
• Conducting research on various financial markets/trends

Interns may be placed in one of the following Divisions:

Chairman/Commissioner's Office

Five Commissioners administer the CFTC, all Commissioners are appointed by the President, with the advice and consent of the Senate. The President designates one of the Commissioners to serve as Chairman. The Chairman and Commissioners sponsor advisory committees as well as provide market oversight.

Division of Clearing and Risk (DCR)

DCR oversees derivatives clearing organization (DCOs) and other market participants in the clearing process. DCR monitors the clearing of futures, options on futures, and swaps by DCOs, assesses DCO compliance with Commission regulations, and conducts risk assessment and surveillance.

Travel Required

Not required

Supervisory status
No

Promotion Potential
None - If selected at the CT-07 level the full promotion potential is the CT-07. If selected at the CT-09 level the full promotion potential is the CT-09. Temporary positions do not have promotion potential since positions are temporary NTE 9/30/21.

Requirements

Conditions of Employment

• U.S. Citizenship.
• Must attend an accredited law school.
• Relocation expenses will NOT be paid.

• You must be a U. S. citizen or national
• Enrolled/accepted in an accredited educational institution
• Pursuing a degree
• Maintain enrollment at least half time as defined by the institution
• If selected, official transcripts must be submitted prior to establishing a start date
• Veteran's preference applies in the hiring process. In order to receive preference in hiring, you must clearly identify your claim for veteran's preference when you apply
• Must maintain eligibility and enrollment for the duration of the internship

Qualifications

Pathways Internship Program Qualifications:
You must meet the qualifications requirements by the closing date of this announcement.

To qualify at the CT-07:

• One year of graduate-level education or superior academic achievement
  

To qualify at the CT-09

• Completion of 2 academic years of graduate level education, or a master's degree or equivalent graduate degree

*If selected at the CT-07 level the full promotion potential is the CT-07. If selected at the CT-09 level the full promotion potential is the CT-09. Temporary positions do not have promotion potential since positions are temporary NTE 9/30/21.

Education

Basic Degree Requirements:

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 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 also include one of the following:

Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;

A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or

Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of 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 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.

All applications must be received via www.usajobs.gov

Additional information

Additional selections may be made from this announcement from other geographical locations as needed.

By submitting your application you are certifying the accuracy of the information contained in your application. If you make a false statement in any part of your application, you may not be hired, you may be terminated after you begin work, or you may be fined or jailed. After making a tentative job offer we will conduct a suitability/security background investigation. You will be required to submit official documentation before appointment. The agency will then verify the information provided on your application (e.g., degree, veterans' documentation, certification of disability, etc.).

How You Will Be Evaluated

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

Your application package (resume, supporting documents, and responses to the questionnaire) will be reviewed to verify that you meet the basic eligibility and qualification requirements. Your responses to the questionnaire will be used to evaluate your relevant personal, educational, and work experiences.

Qualified applicants eligible for veteran's preference will be referred and considered ahead of non-veterans. Veterans' Preference: Preference eligibles with a compensable service-connected disability of 10 percent or more (CPS, CP) are placed at the top of the referral list. XP and TP preference eligibles are placed above non-preference eligibles. For more information on entitlement go to: http://www.fedshirevets.gov/job/vetpref/index.aspx

You must maintain good academic standing, as defined by your school, generally at least a 3.0 GPA for advanced degree programs. You must submit with your application a current academic transcript and/or other official documentation from your academic institution demonstrating your eligibility for appointment. See the "QUALIFICATIONS REQUIRED" section of this announcement.

NOTE: You must maintain student eligibility and enrollment for the duration of the internship. If you cannot, you are ineligible for this program. Please review the "QUALIFICATIONS REQUIRED" section of this vacancy announcement to ensure that you qualify for this internship.
To preview questions please click here .

Background checks and security clearance

Security clearance
Other

Drug test required
No

Position sensitivity and risk
Non-sensitive (NS)/Low Risk

Trust determination process
Suitability/Fitness

Required Documents

You must provide a complete Application Package, which includes:

• Your resume showing relevant duties, when the duties were performed (MM/YY), and your work schedule. Your resume must indicate your citizenship and if you are registered for Selective Service if you are a male born after 12/31/59. Your resume must also list your educational and work experience including the following information for each employment listed: job title; duties and accomplishments; employer's name and address; supervisor's name and phone number; starting and ending dates formatted in month/day/year; hours worked per week; salary; if the employment was federal: title, series, and grade/pay band. Your resume should also list your expected graduation date. Your resume may be used to validate your responses to the scored occupational questionnaire.
• Proof of current student status. You must submit proof of current student status to be considered for this position. This can be in the form of current registration, an acceptance letter from the institute of higher education, a receipt of tuition payment, etc.
• You must submit an unofficial transcript or a list of courses that includes the following information: name of accredited institution, grades earned, completion dates, and quarter and semester hours earned. Education completed in foreign colleges or universities may be used to meet the requirements. Please refer to http://www.opm.gov/qualifications/policy/ApplicationOfStds-04.asp for more information.
• Writing sample. Please limit writing sample to under 5 pages in length.
• If applicable: Veteran's Preference Documentation (your DD-214, Member Copy 4). Please indicate on your resume the type of veterans' preference you are claiming and provide the appropriate supporting documentation (DD-214 stating disposition of discharge or character of service, VA letter, SF-15, etc.) to validate your claim. For more information regarding eligibility requirements, please go to: http://www.fedshirevets.gov/job/vetpref/index.aspx .

You are not required to submit official documents at this time; copies are sufficient.

Special Instructions for Foreign Education: Qualifying education from colleges and universities in foreign countries must be evaluated in terms of equivalency to that acquired in U.S. colleges and universities. Applicants educated in whole or in part in foreign countries must submit sufficient evidence, including transcripts, to an accredited private organization for an equivalency evaluation of course work and degree. A listing of these accredited organizations can be found on the Department of Education's website - http://www2.ed.gov/about/offices/list/ous/international/usnei/us/edlite-students.html . You must provide a copy of the letter containing the results of the equivalency evaluation with a course by course listing along with your application. Failure to provide such documentation when requested will result in lost consideration.

If you are relying on your education to meet qualification requirements:

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.