This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/769676900. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
This position is located in the Product and Market Analytics Branch (PMAB), within the Division of Market Oversight (DMO or Division) and reports to the Division Director.
Learn more about this agency01/10/2024 to 02/23/2024
$234,382 - $284,600 per year
CT 16
1 vacancy in the following location:
No
Yes—as determined by the agency policy.
Occasional travel - Occasional Travel required
No
Permanent -
Full-time -
Competitive
16 - Position is at full performance level
Yes
No
CFTC-DMO-2024-0009
769676900
We will accept applications from US Citizens.
If selected for this position, you will lead, manage, and provide oversight to the PMAB programs in direct support of the Commission. The Deputy Director develops short- and long-range plans, makes binding decisions in any area of the PMAB activities, and carries out the administrative functions of the PMAB.
Ensures that PMAB resources are used in the most effective manner consistent with resources and budget determinations and is accountable for the success of the product and market analytics program, including the full range of factors that affect program and project accomplishment. This includes obtaining the resources necessary to accomplish the program or projects and assuming responsibility for their effective use, and dealing with key officials from within and outside the agency to gain understanding and support for the program or project.
Directs and supervises the Branch’s review and analysis of novel, extremely complex derivatives contracts for compliance with the Commodity Exchange Act (CEA) and CFTC regulations. Provides administrative direction with assignments in terms of the missions and functions of the CFTC and DMO.
Directs and supervises the Branch’s review and analysis of proposed contracts that may impact the jurisdiction and/or authority of the Commission and/or the intersection of the CFTC’s jurisdiction and/or other federal agencies. Encourages the Branch to develop practicable, reasonable approaches to resolving questions in a manner that protects market integrity, encourages innovation, and develops opportunities for market evolution.
Identifies and analyzes foundational, high-stakes issues relating to derivatives products, many of which are issues of first-impression for Branch staff, especially those involving the digital asset and environmental markets and related derivatives. Coordinates and collaborates with other Division branches in developing changes in the Commission’s approach to the oversight of products when necessary.
Regularly provides expert derivatives products advice and technical guidance to the Director, the Commission, and Commission senior staff related to the derivatives markets and product review program. Represents the Commission at meetings with congressional staff, senior staff of the Securities and Exchange Commission, U.S. Treasury, and other government agencies, officials of other countries, officials of international agencies, and representatives of nongovernmental international groups regarding issues identified. Regularly represents the Commission at meetings with industry trade associations, exchanges, market participants, and legal counsel on product filings.
Serves as the principal source of the Commission’s advice on pertinent market developments and potential problems. Conducts regular market briefings on significant market conditions and emerging market dynamics, developments, and trends and provides the Commission with accurate, meaningful, and properly evaluated information. Designs, coordinates, and organizes public events and conferences to obtain direct feedback from stakeholders, and to share CFTC views on market status and trends.
Often interacts with members of the Commission’s executive and senior management teams from various divisions and offices, representatives from other government agencies, and outside interest groups, which may require persuasive advocacy regarding market and product issues. Represents the Commission with respect to the PMAB in communications with Congress, the public, industry groups, trading facilities, and other U.S. and non-U.S. government agencies.
Collaborates with other Division branches and their Deputy Directors to resolve emerging issues in the derivatives markets that are covered by the mandate of the Division. Explores and develops ideas, evaluates problems, and implements novel courses of action in areas, most of which are either unprecedented or where precedent and past practice do not serve emerging needs.
Serves as CFTC representative on advisory panels and international working groups with representation of other U.S. and foreign agencies and industry officials regarding the functions of derivatives markets and the CFTC’s oversight.
Receives and addresses inquiries into market conditions and studies into international issues, such as the impact of proposed or existing rules or policies on domestic and foreign traders and exchanges. This process often requires collaboration with other branches within the Division, as well as other Commission Divisions and Offices.Supervises the Branch’s contributions to large-scale studies undertaken by the Division that address the primary concerns of the Commission.
Provides technical assistance to foreign governments, foreign exchanges, or international bodies in connection with derivatives trading, the regulatory framework, product design, and compliance through meetings, seminars, and onsite visits to the host country.
Your resume must include information that emphasizes progressive leadership responsibilities for positions held to include the scope and complexity, program accomplishments, and results of executive actions taken. Additionally, the resume must include information that addresses how your qualifications relate to the Mandatory Technical Qualifications (MTQs) and the Executive Competencies.
NOTE: EACH MANDATORY TECHNICAL QUALIFICATION and EXECUTIVE COMPETENCY must be addressed separately in a supplemental narrative statement. Narrative statements should not exceed one page per qualification/competency (7 pages maximum).
To qualify for the CT-16, you must possess at least one year of specialized experience equivalent to the CT/GS-15 level in the Federal service, or comparable experience gained outside federal service.
Specialized Experience is defined as experience using knowledge of financial policies, rules, regulations to oversee the health and market structure of the derivatives markets, as well as, oversee product development and/or product regulatory filings; foreign exchanges and derivatives trading.
Must demonstrate the ability to perform at an Executive Level – see competencies below
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., professional, philanthropic, religious, 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.
Mandatory Technical Qualifications
1. In-depth knowledge and thorough comprehension of the operation of the financial markets so as to assess and direct financial market research and analysis.
2. In-depth knowledge of financial market policymaking, as well as, an in-depth knowledge of trading, strategies, and participants; risk management practices; technological innovations; financial products; financial exchange operations; or financial industry practices.
3. Knowledge of derivatives products (futures, options, and swaps products based on a wide range of commodity asset classes (energy, power, agriculture, and virtual currencies) and financial indices), exchanges, intermediaries, and clearing organizations gained through either professional experience or educational coursework.
Executive Competencies
1. Leading the Organization - Develops and implements an organizational vision that integrates program goals, priorities, and values. Assesses and adjusts to changing situations, and implements innovative solutions to make organizational improvements. Strategically formulates objectives and priorities and implements plans consistent with the organization mission.
2. Leading Others - Provides clear direction and ensures accountability; inspires others; provides constructive feedback; encourages and fosters an environment that supports diversity, inclusion, and equal opportunities. Demonstrates collaborative and cooperative approach. Develops and manages workforce based on staffing needs and budget.
3. Leading Self – Understands personal strengths and weaknesses and objectively views their behavior. Seeks and accepts constructive feedback and adapts personal leadership style/strategies as needed to most effectively build trust and lead their division.
4. Business Results - Ability to meet organizational goals and customer expectations. Makes decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks. Forms and communicates a vision and priorities. Develops and executes plans that achieve outcomes for the organization.
This job does not have an education qualification requirement.
Relocation. Relocation expenses will not be paid.
Probationary Period. One year managerial/supervisory period may be required.
EEO Policy Statement. The United States Government does not discriminate in employment on the basis of race, color, religion, sex, national origin, genetic information, political affiliation, sexual orientation, marital status, disability, age, membership in an employee organization, or other non-merit factor.
Reasonable Accommodation. Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application and hiring process should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.
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.
You will be evaluated for this job based on how well you meet the qualifications above.
You will be evaluated on the technical and leadership qualification requirements below. The quality and extent of your total accomplishments, experience, and education will be evaluated by a rating and ranking panel according to criteria in the MTQs and Executive Competencies. Using these criteria, a panel of subject matter experts will place your application in one of three predefined categories: Best Qualified, Well Qualified, or Qualified. Within each category, those determined to be entitled to a Veterans’ Preference, consistent with 5 U.S.C. § 3319, who have supplied all appropriate documentation will be listed at the top of the category in which they are placed based on evaluation of their complete application. Minimally qualified preference eligible candidates with a service-connected disability of 10% or more will be listed at the highest quality category.
Best Qualified applicants will be referred to the Selecting Official for further consideration and may undergo an interview and reference check.
Failure to provide verifiable evidence when submitting your narrative statements that describes fully and concisely how your experience meets the qualifications/competencies described in the MTQs and Executive Competencies will eliminate you from consideration.
Required Documents:
Veterans Preference. If you are entitled to veteran preference, you should indicate the type of veteran preference you are claiming on your resume.
In order to verify your veteran preference entitlement, please submit a copy of the Member Copy 4 of your DD-214 (Certificate of Release or Discharge from Active Duty); official statement of service from your command if you are currently on active duty; or other official documentation (e.g., documentation of receipt of a campaign badge or expeditionary medal) that shows your military In addition, if you are a disabled veteran, a Purple Heart recipient, or widow/widower of a veteran, the spouse of a disabled veteran or the natural mother of a disabled or deceased veteran, you must submit a Standard Form (SF) 15, “Application for 10-Point Veteran Preference,” and the other required documentation identified on the reverse side of the SF-15 to support your preference claim.
Although veteran preference points are not assigned under the category rating procedures described under “How You Will Be Evaluated,” veteran preference eligibles are listed ahead of non-veterans within each category for which they are qualified. In addition, qualified veterans with a compensable service-disconnected disability of 10% or more are placed at the top of the highest quality category (i.e., Best Qualified).
Agency Career Transition Assistance Program (ICTAP). The ICTAP provides eligible displaced federal competitive service employees with selection priority over other candidates for competitive service vacancies. If your agency has notified you in writing that you are a displaced employee eligible for ICTAP consideration, you may receive selection priority if: 1) this vacancy is within your ICTAP eligibility, 2) you apply under the instructions in this announcement, and 3) you are found well-qualified for this vacancy. You must provide proof of eligibility with your application to receive selection priority. Additional information about ICTAP eligibility is at: http://www.opm.gov/ctap/index.asp.
ICTAP candidates MUST submit:
1. A copy of their agency reduction-in-force notice;
2. A copy of your most recent Performance Rating;
3. A copy of your most recent SF-50 noting current or last position held, the grade level, and the duty location; and
4. A copy of your notice of proposed removal for declining a directed reassignment or transfer of function outside the local
commuting area or documentation showing you were separated as a result of RIF or declining a directed reassignment or transfer of function outside the local commuting area.
Career Transition Assistance Program (CTAP). Provides eligible surplus and displaced competitive service employees in the CFTC with selection priority over other candidates for competitive service vacancies. If CFTC has notified you in writing that you are a surplus or displaced employee eligible for CTAP consideration, you may receive selection priority if: 1) this vacancy is within your CTAP eligibility, 2) you apply under the instructions in this announcement, and 3) you are found well-qualified for this vacancy. To be well qualified, you must rate equivalent to the Well Qualified or better category using established rating criteria. You must provide a copy of your written notification of CTAP eligibility with your application. Additional information about CTAP eligibility is at: http://www.opm.gov/ctap/index.asp.
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/
Your status will also be updated on USAJOBS throughout the process. You can check your status, by accessing the USAJOBS website at http://usajobs.gov/ and clicking on "Track Your Online Application."
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/769676900. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
Apply now for an exciting opportunity at the Commodity Futures Trading Commission’s (CFTC). The CFTC is a dynamic and fast-paced independent financial regulatory agency that oversees the complex and
varied commodity futures, swaps and option
markets in the U.S. At the CFTC, we value diversity of perspectives and backgrounds and are committed to building an inclusive work environment where all employees can contribute to their fullest potential. Please visit www.cftc.gov to learn more about the CFTC.