Attorney - Broker-Dealer Finance

The Division of Trading and Markets (TM), Office Broker-Dealer Finance (OBDF), is seeking an Attorney-Adviser (Attorney - Broker-Dealer Finance) for its Office of Policy Regulation and Inspection (formerly the Office of Broker-Dealer Financial Responsibility) (OPR). OPR administers wide-ranging elements of TM's financial responsibility regulatory program for broker-dealers.

Major duties

OPR works closely with other federal regulators, self-regulatory organizations (SROs), state securities regulators, and investor advocacy and industry groups. In addition to these matters and those listed below, OPR assists TM staff on various projects, including legal, policy, and administrative matters, as well as leading and/or facilitating special projects across TM, including matters involving multiple offices within and outside the Division. In this role as an Attorney - Broker-Dealer Finance, you will be responsible for: Carrying out a wide variety of duties relating to broker-dealers, including leading projects such as rulemaking initiatives and special projects, as well as reviewing draft rulemakings from other federal agencies. Leading projects may include significant drafting and editing responsibilities. Reviewing and evaluating interpretive/no-action requests regarding broker-dealer operations and financial responsibility; Drafting responses to interpretive/no-action requests regarding broker-dealer operations and financial responsibility; Reviewing and evaluating self-regulatory organization rule filings related to matters such as margin requirements; Reviewing and evaluating preliminary examination findings and enforcement cases related to broker-dealer operations and financial responsibility; Participating in emerging matters involving the intersection of non-security crypto assets and broker-dealer financial responsibility requirements, including interpretive/no-action requests and rulemaking; Participating in meetings with other US and international regulators regarding supervision and resolution matters related to broker-dealers; and Assisting with the administration of matters arising under the Securities Investor Protection Act of 1970.

Qualifications

Applicants are responsible for confirming all required materials are submitted by the closing date of the announcement. Please check the How You Will Be Evaluated and Required Documents sections carefully, as missing documents will render the application incomplete and ineligible for review. Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional, philanthropic, religious, spiritual, 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. You will receive credit for all qualifying experience, including volunteer experience. All qualification requirements must be met by the closing date of this announcement.

BASIC REQUIREMENT: All applicants must possess the following: J.D. or LL.B. degree --AND-- Active membership of the bar in good standing in any state, territory of the United States, the District of Columbia, or the commonwealth of Puerto Rico. (Note: proof of bar membership will be required before entry on duty.

MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement.

SK-14: In addition to the Basic Requirements, the applicant must have at least three (3) year(s) of post J.D. work experience, independently identifying legal issues, providing legal analyses, providing legal solutions/recommendations, and preparing legal documents, such as legal memoranda and presentations, which also includes at least two (2) years: Interpreting, applying, and explaining the provisions of the laws, rules, and regulations that govern the securities industry, in particular, the Securities Exchange Act of 1934, and related self-regulatory organization rules; OR Developing and justifying recommendations or conclusions related to federal, state, or local law regarding financial institutions, including experience gained through relevant litigation or enforcement activities, or similar experience in an area such as banking, commodities, or corporate.

ACCOMPLISHMENT RECORD COMPETENCIES: Your Accomplishment Record narratives should address the following competencies. See the How You Will Be Evaluated section below for more information:

• Competency 1: Rule Development: Prepares recommendations for rules that meet desired policy objectives within the Commission's statutory authority or that implement legislation.
• Competency 2: Legal and Regulatory Analysis: Conducts analysis and prepares documents and reports in compliance with Federal law that governs the rulemaking process.
• Competency 3: Teamwork and Collaboration: Interacts with internal and external others in a manner that advances SEC goals and objectives.
• Competency 4: Critical Thinking: Considers a variety of factors, general and subject matter-specific, when making decisions and determining next steps in a case.

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. If you are qualifying for this position by substituting education or training for experience, you must submit a copy of your unofficial transcripts or equivalent by the closing date of the announcement. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education.

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.