FINANCIAL ECONOMIST

Securities and Exchange Commission
San Francisco, CA

JobSummary

These positions may be filled in either the Office of Economic Analysis (OEA) or the Office of Litigation Economics (OLE). Both offices perform economic analysis in support of the agency's mission; however, the specific duties of the position differ depending on the office in which the selection is made. The duties for each office are described separately below.

LowGrade

14

HighGrade

14

PromotionPotential

14

SubAgencyName

Division of Economic and Risk Analysis

OrganizationCodes

OT/SE00

Relocation

False

HiringPath

  • public

MCOTags

  • 07
  • 03

TotalOpenings

6

AgencyMarketingStatement

Our mission includes advocating for investors who seek to secure a future for their family, providing guidance and regulations for the nation's securities industry in an increasingly global market, and taking action with an eye toward promoting the capital formation necessary to sustain economic growth. A career with the Securities and Exchange Commission (SEC) offers work that is exciting, challenging and rewarding. You can contribute to securities regulation and enforcement while making a positive difference for the American investing public. The SEC provides: Careers that broaden and deepen your already accomplished knowledge, skills and abilities; An environment that allows you to work and learn with the nation's experts; Benefits, compensation and career expansion opportunities; and A balance between your professional and family life. The SEC offers a number of enhanced pay and benefits plus the standard Federal benefits. Please be sure to visit the SEC's compensation and benefits program pages.

TravelCode

0

ApplyOnlineUrl

https://apply.usastaffing.gov/Application/Apply

DetailStatusUrl

https://apply.usastaffing.gov/Application/ApplicationStatus

MajorDuties

  • Responsibilities: Office of Economic Analysis: Performing economic analysis of the benefits and costs of a SEC rule or policy, including the effects on efficiency, competition, and capital formation. Authoring economic analyses of SEC rules and policies, which incorporate research and comments by academics, lawyers, market participants, and other experts. Applying advanced economic concepts and methods to the analysis of the economic effects of a SEC rule or policy, including by leveraging economics related to corporate issuers, brokers, dealers, exchanges, asset managers, or other financial intermediaries. Conducting statistical analyses, including sensitivity analysis, that inform on the economic effects of a SEC rule or policy, and quantifying these effects where feasible. Planning, prioritizing, and adapting tasks when performing an economic analysis to meet timelines. Working flexibly within multi-disciplinary teams that include finance lawyers and policy experts, and demonstrating ability to communicate economics within such teams. Office of Litigation Economics: Conducting economic analyses to evaluate specific violations of securities laws, including assessing stock-market impacts, measuring investor harm, and quantifying ill-gotten gains. Using statistical software and programming languages to analyze complex datasets for evidence of stock-price manipulation, insider trading, biased trade allocations, and other forms of misconduct. Researching emerging analytical techniques and developing sophisticated empirical methodologies that strengthen enforcement recommendations and inform investigative strategy. Providing objective and credible expert-witness testimony in litigation by presenting intricate economic concepts and analytical methods in an impartial and accessible manner. Preparing written reports and presentations that communicate complex economic findings to enforcement attorneys, investigative staff, and senior leadership. Prioritizing and coordinating multiple projects to ensure timely completion of economic analyses while adapting to evolving investigative needs, tight deadlines, and shifting enforcement priorities.

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 your courses, grades, semester, year, and credit for the course. Internal Applicants: OHR will verify education qualifications for internal applicants using documents in the Electronic Official Personnel Folder (eOPF). If required transcripts or certificates are not present in your eOPF, you will be required to provide them to OHR. If selected, a start date will not be established until official transcripts are received 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. For more information, click here. Applicants may also find the following helpful: National Association of Credential Evaluation Services (NACES) is an association of 19 credential evaluation services with admission standards and an enforced code of good practice. Association of International Credentials Evaluators (AICE) is an association of 10 credential evaluation services with a board of advisors and an enforced code of ethics

Requirements

Evaluations

This position is being advertised through the Office of Personnel Management's (OPM) Delegated Direct-Hire Authority (5 U.S.C. Section 3304 and 5 CFR Part 337, Subpart B) and is open to All U.S. Citizens. Under this authority, competitive rating, ranking and veterans' preference procedures do not apply. Your resume will be reviewed by an HR Specialist and a Subject Matter Expert to determine if you meet the basic requirement (if applicable) and minimum qualification requirements as outlined in the announcement. If you are found minimally qualified, a rating panel will review your resume and Accomplishment Record narratives. Accomplishment Record narratives should clearly demonstrate your proficiency in the following competencies: Economic Analysis - Evaluates economic effects of financial actions related to a rule, conduct in the marketplace, and/or risks in the market. Statistical Expertise - Performs and interprets data analysis. Teamwork and Collaboration - Interacts with internal and external others in a manner that advances examinations and SEC goals and objectives. Workload Management - Effectively prioritizes workload in a way that accommodates unforeseen developments and achieves successful outcomes. Your resume must provide evidence that supports the claims made in your Accomplishment Record narratives; both documents must effectively showcase your qualifications. Each competency narrative should detail one specific, relevant example from your training or experience. Please limit each response to a maximum of 300 words, as any text beyond this limit will not be considered during the evaluation. You will upload one pdf or Word document with your narrative responses to each of the four competencies. Your responses must be in the below format: Competency Title Position title and dates from your resume that this experience was obtained Describe the situation (i.e., the challenged faced, the problem solved) Describe the specific actions you took State the outcome, results, or long-term impact of your accomplishment Name and email address of someone who can verify this information Basis for Rating: The rating panel will evaluate applicants' accomplishment records and resume, and then place them into one of the following categories: Pass or Fail Pass - Meets the minimum qualification requirements and has at least a moderate amount of skills and experience in most of the job related competencies above. Fail - Meets the minimum qualification requirements, but has only limited experience in several of the job related competencies. Passing applicants will be referred to the hiring office for further review and consideration. The hiring office may directly contact recommended candidates for interview(s). When the selection is made, applicants will be sent a referral status notification and a final disposition notification. *If you are invited to participate in the interview stage, you may be asked to provide a job market paper related to economic theory and research for which you are the author or co-author. You may also be asked to present the paper and discuss your research approach and findings.* To preview the Questionnaire, click https://apply.usastaffing.gov/ViewQuestionnaire/12901799

HowToApply

To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below. A complete application package must be submitted by 11:59 PM (EST) on the closing date of the announcement to receive consideration. To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application. Follow the prompts to select your resume and/or other supporting documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process. After acknowledging you have reviewed your application package, complete the Include Personal Information section as you deem appropriate and click to continue with the application process. You will be taken to the online application which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application. To verify the status of your application, log into your USAJOBS account (https://my.usajobs.gov/Account/Login), all of your applications will appear on the Welcome screen. The Application Status will appear along with the date your application was last updated. For information on what each Application Status means, visit: https://www.usajobs.gov/Help/how-to/application/status/.

WhatToExpectNext

You will be notified of your application status through USAJOBS at four points during the hiring process, as applicable. You can check the status of your application by accessing the USAJOBS website at http://usajobs.gov/ and clicking on "Track Your Online Application." 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 (i.e., degree, Veterans' Preference, certification of disability, etc.).

RequiredDocuments

You must provide a complete Application Package, which includes: Required: Your responses to the Occupational Questionnaire. Required: Resume - To meet the minimum qualification requirements for this position, you must show that you possess the specialized experience related to this position within your two-page resume - NOT TO EXCEED 2 PAGES. Resumes over the 2-page limit, will not be reviewed beyond page 2. Your resume should highlight the competencies required for the position and include examples of experience, education, and accomplishments applicable to the qualification(s) and include specific employment dates (month and year and start and ends dates) and differentiate between full-time and part-time work. To help ensure the resume review fully credits your relevant experience, we recommend clearly referencing the competency and specialized experience demonstrated in each position or example you include in your resume. If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position. Candidates external to the SEC will be allowed to submit a comprehensive resume for pay setting purposes after a tentative offer is made. If the applicant fails to provide the comprehensive resume by the specified deadline, the resume submitted at the time of application will be used to determine pay. No additional documentation will be accepted after the deadline. Note: Your resume must NOT contain pictures. For external candidates: Information on how your resume will be used for pay setting purposes can be found here. If you are a current SEC employee selected for this position, the standard percentage increases will be applied (i.e., 6% for non-supervisory and 10% for supervisory positions) if your selection results in a promotion. If your selection results in lateral movement (i.e. no change in grade) you will maintain your current salary. . For helpful guidance for writing a two-page resume, click here. Required: Unofficial Transcripts/Registration/License - If education is a qualification for this position, you must submit a copy of your unofficial transcripts with your application. Official documents will be required if selected. Required, if applicable: CTAP/ICTAP documentation (a copy of a separation notice or other proof of eligibility for priority selection; a copy of an SF-50, Notification of Personnel Action, showing current position, grade, promotion potential, and duty location; AND a copy of your most recent performance appraisal.) Required: Accomplishment Record - For each competency, applicants must provide a 300 word or less written narrative describing one example of competency-related experience. Each example should document the position title and dates when the experience was obtained, detailed information about the problem or situation, the specific actions taken by the applicant, and the results or outcomes achieved by those actions. The applicant will also provide the name and contact information of an individual who can verify the provided information. This document must be uploaded to the application under Accomplishment Record. An accomplishment record submitted outside the USA Staffing system will not be accepted. Failure to provide the Accomplishment Record will result in a rating of IFFM: You were not considered because you did not submit all required documents and/or they were not in English as specified in the announcement. Required: An original job market paper or industry report or other in-depth writing sample that provides evidence of knowledge of current advanced economic theories and research techniques in applied economics.

Benefits

BenefitsUrl

https://www.sec.gov/ohr/overview-of-sec-benefits-link.html

OtherInformation

Salary Ranges: Washington, DC: $151,597 - $256,833 Chicago: $148,111 - $250,927 San Francisco: $165,632 - $280,610 Ft. Worth: $144,037 - $244,024 SEC COMPENSATION PROGRAM: The overall salary range listed above is provided for informational purposes as it represents the full range that is applicable to current employees in this occupation/grade; however, a selectee's initial pay is always set below the maximum rate of the range. Please click here for additional information. IMPORTANT INFORMATION FOR SURPLUS OR DISPLACED FEDERAL EMPLOYEES: If you have never worked for the federal government, you are not I/CTAP eligible. To receive selection priority for this position, you must: (1) meet CTAP or ICTAP eligibility criteria; the questionnaire asks you to identify your ICTAP/CTAP eligibility (2) be rated well-qualified; and, (3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. View information about I/CTAP eligibility on OPM's Career Transition Resources website. Reasonable Accommodation: If you are an applicant who needs a reasonable accommodation to participate in the SEC application process due to a medical disability, please contact reasonableaccommodation@sec.gov. For religious-based accommodations, please contact religiousaccommodation@sec.gov . 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, religion, sex, pregnancy, national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service or other non-merit factor. 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. The Fair Chance Act prohibits specific inquiries concerning an applicant's criminal or credit background unless the hiring agency has made a conditional offer of employment to the applicant. An applicant may submit a complaint, or any other information, to the agency within 30 calendar days of the date of alleged non-compliance by contacting the Legal and Policy Office in the Office of Human Resources at ElliottT@sec.gov.

KeyRequirements

WithinArea

False

CommuteDistance

0

ServiceType

01

AnnouncementClosingType

01

AgencyContactEmail

askHR@sec.gov

SecurityClearance

Other

DrugTestRequired

False

PositionSensitivitiy

High Risk (HR)

AdjudicationType

  • Suitability/Fitness
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