Apply now for an exciting opportunity at the Commodity Futures Trading Commission (CFTC). With an expanded mission and authority to include oversight of the swap markets, the CFTC continues to protect the American public by promoting market integrity, transparency and preventing and prosecuting fraud, manipulation and other abuse in the futures and options markets. Please visit www.cftc.gov to learn more about the CFTC.
BASIC REQUIREMENT: All applicants must possess the following: J.D.; 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) AND CT-15 Level: Candidates with a law degree (J.D. or equivalent) and bar membership and 5 years of relevant legal experience after completion of law school. At least one year of this experience must have been at a level of responsibility and difficulty to that of the position at the next lower level in the federal service (e.g., GS/CT-14) and clearly demonstrate knowledge, skills and ability to perform the duties to deal with cases characterized by complex legal or factual issues. Relevant legal experience is defined as attorneys, law clerk, or other legal experience which was obtained after graduation from a law school. Legal and non- legal experience gained in the Federal government or private sector prior to completing a law degree cannot be used to satisfy the legal experience requirement. Work while in law school does not count.
As a Supervisory Attorney Advisor (Associate Director) in the Division of Clearing and Risk (DCR), Clearing Policy Branch, the incumbent provides legal services and supervises work with respect to the Commodity Exchange Act (Act), Commission regulations, and other relevant statutes and regulations, particularly with respect to the oversight of DCOs and clearing. Responsibilities include: Render written and/or oral legal analysis and advice on assigned projects with respect to relevant provisions of the Act and Commission regulations, and other relevant statutes, regulations, and judicial decisions. Advice addresses conventional, novel and complex issues and legal analyses and application of the Act and Commission regulations related to derivatives clearing, including proposed regulatory work product. Develop and coordinate preparation of proposed regulations, orders guidelines and other regulatory work product (such as interpretative, exemptive, and no-action letters) applicable to the clearing of swaps, futures, and options on futures. Coordinate the review and evaluation of applications for DCO registration, applications for exemptions from DCO registration, and DCO rule submissions, including making recommendations to the Commission. Develop regulations, orders, guidelines, and other regulatory work product applicable to the clearing of swaps, futures, and options on futures. Review proposed legislations, changes in regulations, enforcement actions, questions of law, administrative policy, staff reports, and other Commission regulatory initiatives, and develops comments, critiques, and recommendations.