ATTORNEY ADVISER

The Office of Clearance and Settlement (“OCS”) engages in oversight, rulemaking, and other supervisory and policy matters for registered and exempt clearing agencies, transfer agents, and swap data repositories. Specifically, OCS develops and administers the Commission’s regulatory program under Section 17A of the Exchange Act for the national system for the clearance and settlement of securities transactions.

Duties

At the Securities and Exchange Commission (SEC), we are committed to diversity, equity, inclusion and accessibility (DEIA) and value a workforce that reflects the diverse experiences and perspectives of the communities we serve. As such, we welcome applications from qualified individuals of all backgrounds who share our commitment to public service.

OCS oversees all aspects of the national clearance and settlement system, including systemically important financial market utilities and security-based swap clearing activity, with an emphasis on the regulation and oversight of clearing agencies that provide central counterparty clearing services, swap data repositories, and transfer agents.

• Assisting and providing support and advice regarding TM’s oversight of clearing agencies; transfer agents; security based swap data repositories; and other market infrastructure.
• Reviewing and analyzing proposed rule changes and advance notices by registered clearing agencies filed under Section 19(b) of the Exchange Act and/or Title VIII of the Dodd-Frank Act.
• Developing and preparing guidance and facilitating action on complex legal and policy issues arising from the interpretation and application of the federal securities laws and the rules and regulations promulgated thereunder.
• Participating in the development and implementation of regulatory initiatives, including Commission rulemaking, exemptive requests, interpretive guidance, staff studies, and other Commission or staff initiatives.
• Reviewing, analyzing, and interpreting new legislative initiatives, Congressional mandates, Commission or Court decisions, actions taken by other regulators, and other events that may affect the securities markets.
• Consulting and coordinating with domestic and international regulators and participating in international regulatory organizations.

Requirements

Conditions of Employment

• CITIZENSHIP: This position is open to US Citizens.
• You must possess a J.D. or LL.B Degree.
• You must be an active member of the bar in good standing
• 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.
• Supplementary vacancies may be filled in addition to the number stated in this announcement.
• This position has promotion potential to the SK-14.
• TRIAL PERIOD: This appointment may require completion of a two-year trial period.
• 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.
• PERMANENT CHANGE OF STATION (PCS): Moving/Relocation expenses are not authorized.
• DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.
• This position is in the collective bargaining unit.
• This position is eligible to request telework in accordance with the SEC ‘s telework policy.