Financial Economist

U.S.-Securities-and-Exchange-Commission; Washington (District of Columbia); On-site; USD 90,000 - 140,000; Full time

Job summary

The U.S. Securities and Exchange Commission seeks an economist to perform economic analyses tied to securities policy, market performance, and regulatory effects.

Applicants must hold an economics degree with at least 21 semester hours in economics and 3 in statistics, accounting, or calculus, plus at least one year of specialized experience at GS/SK-13. The role involves planning and conducting research, assembling and evaluating information, and producing reports; potential supervision or

Qualifications

• Must possess an economics degree with at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
• Minimum one year of specialized experience equivalent to GS/SK-13 providing economic analysis.
• Qualifying experience includes economic research, analysis of financial markets, and policy evaluation.

Responsibilities

• Conduct economic research assignments, including planning, information assembly, analysis, evaluation and report preparation.
• Supervise or coordinate a staff of economists and interpret economic information.
• Teach or supervise graduate work in economics in combination with research or advisory roles.

Skills

Economic Analysis

Statistical Expertise

Teamwork

Workload Management

Education

Economics degree + required coursework

Job description

BASIC REQUIREMENT:--OR-- A. Applicants must possess a degree in economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. B. An appropriate combination of education and experience----courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. Examples of qualifying experience include individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation; supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or teaching assignments in a college or university in economic subjects in combination with one of the following: (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.

MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must have at least one year of specialized experience equivalent to the GS/SK-13 grade level providing economic analysis which includes at least one of the following:

1. Success in conducting research that is of comparable quality to peer-and economics journals;
2. Experience analyzing the economics of securities litigation that have been submitted in federal courts or in the context of an SEC action, including the quantification of either harm to investors or ill-gotten gains;
3. Experience writing reports that evaluate the effect of policy and rule changes on market performance and function;
4. Experience writing reports in market microstructure or similar applied microeconomic fields such as industrial organizations and auction theory;
5. Experience in analyzing the costs and benefits of regulations in financial markets, including effects on market efficiency, competition, and capital formation;
6. Experience in developing, writing, and presenting economic risk analyses to intra-agency or international organizations, or other standard setting bodies.

ACCOMPLISHMENT RECORD COMPETENCIES:

Competency 1: Economic Analysis - Evaluates economic effects of financial actions related to a rule, conduct in the marketplace, and/or risks in the market.

Competency 2: Statistical Expertise - Performs and interprets data analysis.

Competency 3: Teamwork and Collaboration - Interacts with internal and external others in a manner that advances examinations and SEC goals and objectives.

Competency 4: Workload Management - Effectively prioritizes workload in a way that accommodates unforeseen developments and achieves successful outcomes.