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Financial Economist

Employer
USAJobs
Location
Washington, D.C
Closing date
Jan 20, 2022
Duties

Financial economists provide economic guidance and research expertise to a broad range of activities, including rulemakings, enforcement actions, market risk assessments, and other regulatory initiatives. In all roles, candidates must demonstrate their ability to apply their knowledge of economics and econometrics in support of the SEC's mission to protect investors, facilitate capital formation, and ensure fair and orderly markets.

TYPICAL DUTIES:
  • Provide economic guidance and research expertise to a broad range of activities, including federal policy, rule-making, enforcement actions, market risk assessment, and other regulatory initiatives, with opportunities to specialize in policy areas.
  • Apply advanced economic concepts and methods to the evaluation of federal financial rules and policies, including their impact on individuals, businesses, market efficiency, competition, and capital formation.
  • Analyze economic, financial, and administrative data to assess the efficiency and effectiveness of federal financial and securities regulations and policies.
  • Plan, organize, and prioritize tasks to address needs, emerging issues, and meet timelines, while working collaboratively and flexibly with multi-disciplinary team members, including lawyers and finance policy experts.
  • Evaluate economic research and comments authored by federal agencies, academics and other experts to determine their relevance and implications for federal financial rules and policies.
  • Review draft analyses and reports to ensure accuracy, precision, and clarity of presentation of economic issues and data.
  • Clearly communicate in writing the objectives, methods, and conclusions of economic analyses and evaluations of economic and financial research.
  • Present economic research and findings in formal and informal settings, including policy discussions, team meetings, and briefings for the SEC's leadership.
  • Recognize and act on opportunities to provide relevant technical information and work-related knowledge, skills, and lessons learned across the SEC's work environment.


Requirements

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.
  • This position has promotion potential to the SK-14 level.
  • PROBATIONARY PERIOD: This appointment may require completion of a one-year 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.
  • This position is located in Washington, D.C. - with limited opportunities for placement in regional offices, for well-qualified selectees.
  • Due to COVID-19, the SEC is currently in an optional telework posture. This position is eligible to request telework in accordance with the SEC 's telework policy.
  • All SEC employees (whether teleworking or working onsite) who are not approved for a reasonable accommodation must be fully vaccinated against COVID-19 by no later than Nov. 22, 2021.
  • For information about where to obtain a vaccine at no cost to you, please visit Vaccines.gov.


Qualifications

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

Applications will be reviewed on a rolling basis. Certificates will be issued on a bi-weekly basis. If all required documents are not received by the bi-weekly cut-off, your application will be reviewed once all documents are received. All required documents must be received by the closing date, to be considered.

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

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.

BASIC REQUIREMENT:
A. Applicants must show successful completion of a full four-year course of study in an accredited college or university leading to a bachelor's or higher degree in economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
--OR--
B. An appropriate combination of education and experience----courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. Examples of qualifying experience include economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation; supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or teaching assignments in a college or university in economic subjects in combination with one of the following: personal research that produced evidence of results, direction of graduate theses in economics, or service as a consultant or advisor on technical economics problems.

MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement.
SK-14: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 grade level:
(1) authoring economics or finance analyses that provide evidence of knowledge of current advanced economic theories and research techniques and are of comparable quality to those in peer-reviewed finance and economics journals, OR
(2) the application of economics as demonstrated in at least one three ways: (a) performing analyses that evaluate the economic effects, such as benefits and costs, of policies and rules on markets and their participants; (b) quantifying economic effects, such as harm or ill-gotten gains, in the context of litigation economics; and/or
(c) performing analyses that assess risks in economic or financial markets, including conduct, market or systemic risk.

Qualifying experience may have been obtained in the public or private sector, including faculty appointments at academic institutions, positions in economic and financial consulting firms, and certain staff positions at U.S. financial regulators.

**IMPORTANT NOTICE**
DERA is seeking candidates across two different vacancy announcements. Candidates should submit separate applications for each position they want to be considered for: Financial Economist (Fellow) or Financial Economist .

Education

You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

Additional information

SECURITIES AND EXCHANGE COMMISSION (SEC) VACCINATION REQUIREMENT: In accordance with Executive Order 14043 (Requiring Coronavirus Disease 2019 Vaccination for Federal Employees) and to protect the health and safety of the federal workforce, all SEC employees (whether teleworking or working onsite) must be fully vaccinated against COVID-19 no later than Nov. 22, 2021. If selected for this position, you will be asked to attest to your current vaccination status and provide a copy of the documentation to support your vaccination status. Additionally, if selected, you may request an exemption from the mandatory vaccination due to a qualifying disability or medical condition, or a sincerely held religious belief, practice or observance. If you have additional questions pertaining to the SEC's vaccination policy, email askHR at askHR@sec.gov .

IMPORTANT INFORMATION FOR SURPLUS OR DISPLACED FEDERAL EMPLOYEES: Career Transition Assistance Plan (CTAP) and Interagency Career Transition Assistance Plan (ICTAP) are available to individuals who have special priority selection rights under this plan. Individuals must be well-qualified for this position to receive consideration for special priority selection. CTAP or ICTAP eligibles will be considered well-qualified when receiving an adjudicated score of 80 or higher.

Reasonable Accommodation: If you are an applicant who needs a reasonable accommodation for disability to participate in the application process at the SEC, submit the form for Reasonable Accommodation for Participation in Job Application Process here . Please be sure to submit your request at least 5 business days in advance of the date you need the requested accommodation.

Equal Employment Opportunity (EEO) Information for SEC Job Applicants: Federal EEO laws protect all applicants from discrimination on the following bases: race, color, sex (not limited to conduct which is sexual in nature, includes pregnancy, gender identity, sexual orientation, transgender status), age (40 and over), religion, national origin, disability, genetic information, retaliation for participating in the EEO process or opposing discrimination. Applicants who believe they have been discriminated against on any EEO basis can seek recourse through the SEC's administrative complaints process. To be timely, an individual must enter the EEO process within 45 days from when they know (or should have known) of the alleged discrimination. Click here for additional information.

TTY/ASCII: Video Relay Service users are welcome to contact the appropriate SEC office or employee via the contact information listed above. If you do not otherwise have access to a Video Phone or Video Relay service, you may send us an email or use the Federal Video Relay Service via the internet. For more information about using the Federal Relay Service and to create a new account, please see: https://www.federalrelay.us/

SEC COMPENSATION PROGRAM: For questions regarding SEC pay setting practices, please click here .

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