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Supervisory Economist at SEC

  • Thread starter Thread starter QNJob
  • Start date Start date
Joined
2/21/12
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Supervisory Economist at U.S. Securities and Exchange Commission

Location
Washington, D.C./New York, New York


Compensation
$150,372.00 to $226,160.00 / Per Year

Job description
Serves as the Associate Director, in the Division of Trading Markets, Office of Broker-Dealer Finances (OBDF), responsibilities include:

Monitoring and oversight of risk management functions of registered broker-dealers and security-based swap dealers.
Directs the review and analysis of risk management and related risk reporting of regulated financial institutions, including broker-dealers and security-based swap dealers registered with the Commission. Leads the development of findings related to outsize exposures, unusual transactions, model failures, and risk governance; review of risk controls; and verification of the computation of capital adequacy measures.

Directs the review of regulatory compliance with the statutory and regulatory requirements of certain broker dealers under the net capital rule (SEC 240.15c-3-1e) and the broker-dealer risk assessment rule (SEC 240.17h-1T,2T).

Leads a staff of economists and financial analysts in the review of statistical models, including but not limited to models used for pricing securities and derivative positions, for calculating aggregated risk measures, such as Value-at-Risk ("VaR") and stress test methodologies, for both regulatory capital and internal risk management purposes, and for the calculation of regulatory margin requirements. Entities subject to these reviews include broker-dealers operating under the alternative net capital regime, over-the-counter (OTC) derivative dealers, and security-based swap dealers.

Serves as an expert in the field of statistical modeling, particularly with respect to the use of models for purposes of internal risk management, regulatory capital charges, and margin calculations, and directs the review of models at complex financial institutions.

Assists the Senior Associate Director, Deputy Directors, and Director in presentations to the Commission with regard to matters pertaining to oversight of risk management functions of registered broker-dealers, and the continuing review of Commission rules and regulations regarding broker-dealer risk controls and reporting, modifications thereof, and adoption of new rules and regulations relating to broker-dealer operations.

Apply/contact info for candidates
https://www.usajobs.gov/GetJob/ViewDetails/345600700

About the agency
The mission of the U.S. Securities and Exchange Commission is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The U.S. Securities and Exchange Commission strives to promote a market environment that is worthy of the public’s trust and characterized by transparency and integrity.
 
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