Assistant Director

Securities and Exchange Commission•Washington, DC

About The Position

The Division of Trading and Markets is seeking a Supervisory Attorney Adviser (Assistant Director) in the Office of Clearance and Settlement's Office of Derivatives Clearing. The Assistant Director assists the Associate Director with the Division's program for the national clearance and settlement system, focusing on options, security-based swaps, and other derivatives markets. The role involves reviewing clearing-agency rule-change filings, advising on legal and policy matters, coordinating the Commission's clearance and settlement program, and representing the Office with regulators, market participants, and the public.

Requirements

J.D. or LL.B. degree.
Active membership in good standing of the bar in a U.S. state, territory, the District of Columbia, or the Commonwealth of Puerto Rico.
At least one year of specialized experience equivalent to the GS/SK-14 level.
Experience interpreting, applying, and explaining laws, rules, and regulations governing the securities industry, particularly the Securities Exchange Act of 1934.
Experience providing legal advice on matters pertaining to clearing agencies serving as central counterparties for options, security-based swaps, and other derivatives markets; derivatives clearing organizations regulated by the CFTC; or other payment, clearing, and settlement systems.
Experience explaining how legal principles and precedents apply to developing and justifying recommendations or conclusions regarding clearing and settlement operations.
U.S. citizenship.
Males born after December 31, 1959, must be registered with or exempt from Selective Service.
Must report to the listed duty station(s).
Applicants must meet all qualification requirements by the announcement closing date.

Responsibilities

Review and analyze notices for public comment and, as applicable, draft orders related to self-regulatory organization proposed rule-change filings by clearing agencies serving as central counterparties for options, security-based swaps, and other derivatives markets.
Assist with developing, planning, and implementing Commission policies to promote the clearance and settlement program, and coordinate the Office's role in that program with other Division offices, the Division of Economic and Risk Analysis, the Office of Compliance Inspections and Examinations, and the Office of International Affairs.
Render legal advice and interpretations concerning provisions of the Securities Exchange Act of 1934 and related rules dealing with clearance and settlement.
Serve as an expert advisor on programs and events involving the clearance and settlement of options, security-based swaps, and other derivatives.
Assist the Associate Director with policy and supervisory determinations concerning the Office's responsibilities, and present recommendations on those determinations to the Associate Director, Deputy Director, Director, and Commission.
Represent the Office in presentations and discussions with Commissioners and their counsel; communications, negotiations, working groups, and committees involving other federal financial regulators and international regulatory agencies and organizations; and presentations and discussions with market participants and the public.