Securities and Exchange Commission SUPERVISORY FINANCIAL ENGINEER in New York, New York

Job Overview

Job Overview

About the Agency

The U.S. Securities and Exchange Commission is looking for the best and brightest to join our team. Our mission includes advocating for investors who seek to secure a future for their family, providing guidance and regulations for the nation's securities industry in an increasingly global market, and taking action with an eye toward promoting the capital formation necessary to sustain economic growth.

A career with the Securities and Exchange Commission (SEC) offers work that is exciting, challenging and rewarding. You can contribute to securities regulation and enforcement while making a positive difference for the American investing public. The SEC provides:

  • Careers that broaden and deepen your already accomplished knowledge, skills and abilities;
  • An environment that allows you to work and learn with the nation's experts;
  • Benefits, compensation and career expansion opportunities; and
  • A balance between your professional and family life. The SEC offers a number of enhanced pay and benefits plus the standard Federal benefits:

  • Paid dental and vision insurance;

  • Subsidy for health insurance, which supplements your health benefits premiums by $28.66 for self-only coverage, $53.55 for self plus one, and $57.32 for family coverage;
  • Domestic Partner Health Insurance Reimbursement Program;
  • Mass transportation subsidy;
  • "WorkSmart" - Opportunities for flexible work schedules and expanded telework. This position is in the Office of Compliance Inspections and Examinations' in the Quantitative Analytics Unit (QAU) located in New York, NY.

Office of Compliance Inspections and Examinations ("OCIE") protects investors through administering the SEC's nationwide examination and inspection program. Examiners in Washington DC and in the Commission's 11 regional offices conduct examinations of the nation's registered entities, including clearing agencies, broker-dealers, transfer agents, investment advisers, investment companies, the national securities exchanges, clearing agencies, SROs such as the Financial Industry Regulatory Authority ("FINRA") and the Municipal Securities Rulemaking Board, and the Public Company Accounting Oversight Board ("PCAOB"). Office of Quantitative Analytics Unit (QAU) is primarily responsible for the analysis of regulatory and other data to help identify industry risks/trends and potential examination targets.

  • Serves as a supervisor and senior adviser working with SEC senior management in building sophisticated models, determining proper empirical methodology, organizing data collection, writing unique programs, preparing written reports, and summarizing the studies in formal and informal presentations;
  • Provides technical expertise to design and conduct financial data studies, surveys, reviews, and research projects;
  • Conducts and supervises research in areas such as the analysis of new financial instruments and strategies, options, and derivatives which involves the application of financial engineering methodologies and employing financial theory and applied mathematics, as well as computation and the practice of programming;
  • Supports and supervises the review of trading strategies and order information for a variety of instruments and markets such as high frequency trading, algorithmic trading, statistical arbitrage, correlation trading, and volatility trading;
  • Works and supervises work with large volumes of quantitative and qualitative data from different sources for back-testing and validation of models, algorithms, and calculations; and
  • Develops and presents authoritative reports based on the evaluation and interpretation of studies in the assigned area of financial engineering; and
  • Conducts with recruiting, interviewing, hiring, educating, mentoring and reviewing quantitative research analysts and financial engineers performance.
Travel Required
  • Not Required
Relocation Authorized
  • No

Job Requirements

Job Requirements
Key Requirements
  • You must be a US Citizen

All qualification requirements must be met by the closing date of this announcement.

Time-in-grade for this announcement is one year at the GS/SK-13 level.

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. Additional qualifications information can be found here. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education.

BASIC REQUIREMENT: Applicant must show successful completion of a full four-year course of study in an accredited college or university leading to a bachelor's or higher degree in mathematics, statistics, or actuarial science. The degree must be in a major field of study (at least at the baccalaureate level) that is appropriate for the position; or An appropriate combination of education and experience: Courses equivalent to a major field of study as shown in paragraph A above, plus additional education or appropriate experience. Examples of qualifying experience include: applying financial engineering concepts; analyzing financial documents; preparing statistical reports on financial data; developing computer-based programs to statistically analyze data; reviewing and analyzing financial data.

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

SK-15: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 level. Specialized must have all the following below: 1. Applying the theories, principles, and processes of quantitative research from financial and securities industry data;


2. Using models and other types of data analysis and statistical software applications to manipulate and use large data sets and ensure the accuracy of the information produced.

ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUSTprovide 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 of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

PASS/FAIL COURSES: If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.

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 and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit:

Important Notes:

  1. Application procedures are specific to this vacancy announcement. Please read all the instructions carefully. Failure to follow the instructions may result in you not being considered for this position.
  2. Supplementary vacancies may be filled in addition to the number stated in this announcement.
  3. This position has promotion potential to the SK-15.
  4. SUPERVISORY PROBATIONARY* PERIOD:This appointment may require completion of a two-year supervisory probationary period. *5. SECURITY CLEARANCE: Entrance on duty is contingent upon completion of a pre-employment security investigation. Favorable results on a Background Investigation may be a condition of employment or selection to another position. 6. DRUG TESTING: This position may be subjected to drug testing requirements. 7. PERMANENT CHANGE OF STATION (PCS):Moving/Relocation expenses are not authorized. 8. DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.
  5. This position is not in the collective bargaining unit.
Security Clearance


Additional Information

Additional Information
What To Expect Next

You will be notified of your application status through USAJOBS at four points during the hiring process, as applicable. You can check the status of your application by accessing the USAJOBS website at and clicking on "Track Your Online Application."

By submitting your application, you are certifying the accuracy of the information contained in your application. If you make a false statement in any part of your application, you may not be hired, you may be terminated after you begin work, or you may be fined or jailed. After making a tentative job offer, we will conduct a suitability/security background investigation. You will be required to submit official documentation before appointment. The agency will then verify the information provided on your application (i.e., degree, Veterans? Preference, certification of disability, etc.).


Review our benefits

Other Information

Disability Employment:For information on disability appointments, please visit

IMPORTANT INFORMATION FOR SURPLUS OR DISPLACED FEDERAL EMPLOYEES:Career Transition Assistance Plan (CTAP) is available to individuals who have special priority selection rights under this plan. Individuals must be well-qualified for this position to receive consideration for special priority selection. CTAP eligibles will be considered well-qualified when receiving an adjudicated score of 80 or higher.

Reasonable Accommodation: If you are an applicant who needs a reasonable accommodation for disability to participate in the application process at the SEC, submit the form for Reasonable Accommodation for Participation in Job Application Process here. Please be sure to submit your request at least 5 business days in advance of the date you need the requested accommodation.

TTY/ASCII: Video Relay Service users are welcome to contact the appropriate SEC office or employee via the contact information listed above. If you do not otherwise have access to a Video Phone or Video Relay service, you may send us an email or use the Federal Video Relay Service via the internet. For more information about using the Federal Relay Service and to create a new account, please see:

This job originated on For the full announcement and to apply, visit Only resumes submitted according to the instructions on the job announcement listed at will be considered.

Salary Range: $135,699.00 to $227,361.00 / Per Year

Series & Grade: SK-1501-15/15

Promotion Potential: 15

Supervisory Status: Yes

Who May Apply: SEC employees in competitive service only

Control Number: 472295100

Job Announcement Number: 17-IN-10014108-CSS