Supervisory Risk Analyst (Associate Director)

Summary This position is located in the Examinations Branch of the Division of Clearing and Risk (DCR). The Examinations Branch plans and conducts examinations of derivatives clearing organizations (DCOs) to evaluate compliance with the Commodity Exchange Act (Act) and Commission regulations and monitors financial, operational, and risk activities of DCOs to assess the actual and potential implications of those activities for the DCO and for financial markets generally. Duties If selected for this position, you will serve as an Associate Director responsible for managing and supervising a team of professional and technical experts responsible for assessing DCOs for compliance with the Act and CFTC regulations. This will include the following:

• Provide expert advice and technical guidance to the Deputy Director for Examinations in the formulation of an annual plan of examinations. Ensure the planned examinations are carried out in an efficient and effective manner.
• Prepare risk assessments that identify potential areas of risk at a DCO and assign rankings to each risk. This includes assessing business risks related to DCO’s risk management policies and procedures and the identification of potential gaps in the risk controls at a given DCO.
• Establish the scope and priorities for DCO examinations, including those focusing on financial resources, operational capabilities, and risk management activities, specializing in system operations and safeguards, with minimal guidance from the Deputy Director. Conduct meetings with other regulators regarding common registrants, including staff of the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission and manage these inter-agency relationships.
• Provide leadership and guidance to team members through identifying, distributing, and balancing workload and tasks among employees in accordance with established workflow, skill level, and/or occupational specialization; adjusting workload and tasks among employees.
• Supervise professional staff assigned to non-routine reviews arising from notifications filed by DCOs highlighting unexpected events or errors, as well as reviews involving complex or unusual issues arising from ongoing or ad hoc financial and operational analyses of such entities.
• Review and assess the sufficiency and accuracy of the reports prepared by staff that detail the analysis done in response to DCO notifications.
• Assist the Deputy Director in developing new examination standards and guidance for evaluating the compliance of DCOs with regulatory requirements. Review the effectiveness of these standards and guidance and update as necessary.
• Serve as an expert regarding the Examinations Branch’s internally developed software. Assist other staff in understanding the output of the software and respond to general or specific questions posed by senior DCR staff, other CFTC staff, and Commissioners and their staff related to the software.
• Represent the branch at program meetings, briefing reviews, technical assessments, training sessions and related activities for DCR senior staff and staff of other Commission offices/divisions regarding the examination program functions and activities. Answer questions from DCR and other Commission staff and the public concerning the examination program.
• Build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.
• Perform special projects, as assigned, and in support of DCR’s responsibilities in general.

Qualifications

CT-15: To qualify for the CT-15 level you must have one year of specialized experience equivalent to the next lower grade (GS/CT-14 level).

Specialized experience is defined as:

• Review and assess programs concerning risk management and risk operations and must have direct management.
• Experience in successfully leading or being part of an examination team in the evaluation of regulatory compliance of derivatives clearing organizations.
• Comprehensive knowledge about, and experience involving, derivatives clearing organizations and the derivatives clearing process.
• Prepare affidavits for use in Commission hearing and reviews and assists in the preparation of memorandum and pleading relative to Commission actions.
• Supervises professional staff assigned to an examination team, ensure staff completes all assignments using established policies and procedures.

Education

Requirements

Must submit all required documents by the closing date.

You will be evaluated on the basis of your level of competency (knowledge, skills, abilities) in the following areas:

• Accountability
• Customer Service
• Decisiveness
• Flexibility
• Interpersonal Skills
• Problem Solving
• Resilience

Skill in developing, planning, and coordinating examinations of DCOs for compliance with regulations;

Ability to communicate in a clear, concise and effective manner in order to prepare reports that document analysis, findings, and conclusions;

Ability to lead people toward meeting the organization’s vision, mission, and goals. Ability to provide an inclusive workplace that fosters the development of others and facilitates cooperation and teamwork;

Skill in building coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals. How you will be evaluated You will be evaluated for this job based on how well you meet the qualifications above.

Your application will be evaluated and rated under CFTC Category Rating and Selection Procedures. Your resume and supporting documentation will be used to determine whether you meet the job qualifications listed on this announcement. If you are minimally qualified for this job, your resume and supporting documentation will be compared to your responses on the online assessment questionnaire. If you rate yourself higher than is supported by your application materials, your responses may be adjusted and/or you may be excluded from consideration for this job. Your application will then be placed in one of three categories: Best Qualified, Well Qualified, or Qualified. Names of all candidates in the best qualified category will be sent to the hiring official for employment consideration. Candidates within the best qualified category who are eligible for veteran's preference will receive selection priority over non-veteran preference eligibles.

This recruitment will utilize the following assessment tools: Structured Evaluative Review

Your application will be evaluated through an SME Evaluative Review. Subject Matter Experts (SMEs) will independently review your resume to assess how well your experience demonstrates the required competencies for this position. SMEs will assign scores based on the strength, relevance, and clarity of the information provided in your resume. These individual evaluations will then be combined to determine your final score or rating category.

Quality Category Definitions:

• Best Qualified – Applicants who substantially exceed the minimum qualifications and demonstrate exceptional proficiency across the core competencies.
• Well Qualified – Applicants who clearly exceed the minimum qualifications and demonstrate strong competency across most areas.
• Qualified – Applicants who meet the minimum qualifications for the position.

When the application process is complete, we will review your resume and other supporting documentation, to ensure you meet the hiring eligibility and qualification requirements listed in this announcement.

You may preview questions for this vacancy. How to apply YOU MUST APPLY ONLINE: Your complete application, including required documents, must be received by 11:59 p.m. Eastern Time (EST) on the closing date of this announcement. You must complete and submit an application by accessing the USAJOBS website at USAJOBS.GOV. To begin, click the Apply Online button within the vacancy announcement and follow the prompts to create an account using LOGIN.GOV, if you have not done so already. LOGIN.GOV will walk you through each step of the account set-up and will automatically link your USAJOBS profile to LOGIN.GOV. Once you have established an account using LOGIN.GOV, you will then go back to USAJOBS.GOV using your LOGIN.GOV user name and password to answer the questions, and submit all required documents. If you already have established an LOGIN.GOV account or want to return to your saved application go to USAJOBS.GOV using your LOGIN.GOV user name and password to apply or view your profile. If you have problems completing your on-line application, including problems submitting your supporting documents, please contact the Help Desk by e-mail at mgshelp@monster.com or phone at 1-866.656.6831. The help desk is available Monday-Friday, 7:00 a.m. to 7:00 p.m. EST.

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/. Other information Probationary Period. If selected, you may be required to serve a one year supervisory/managerial probationary period.

Relocation: Relocation expenses will not be paid.

All newly appointed employees to the competitive (or excepted) service are subject to a probationary (or trial) period, in determining if your employment advances, we may consider:

• Your performance and conduct;
• The needs and interests of the agency;
• Whether your continued employment would advance organizational goals of the agency or the Government; and
• Whether your continued employment would advance the efficiency of the Federal service. Upon completion of your probationary/trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

This position is not in the bargaining unit.

More than the number of positions listed may be filled through this vacancy announcement.

The overall salary range is provided for informational purposes as it represents the full range that is applicable to current employees in this occupation/grade. A new hire's direct and overall experience are critical factors in determining a salary offer, therefore, it is important that your resume fully reflects all of your work experience. Note that the upper end of each range is typically applicable only to candidates with significant years of work experience and qualifications Please review the CFTC Compensation Program website for additional information.

The law prohibits public officials from appointing, promoting, or recommending their relatives. The law prohibits requesting, making, transmitting, accepting, or considering political recommendations for employment or other personnel actions for non-political positions. This includes recommendations from Members of Congress, Congressional employees, elected state or local officials, and political party officials and any recommendation based on party affiliation.