Industry Economist

Found in: beBee jobs US - 2 weeks ago


Washington, Washington, D.C., United States Non-Departmental Agency Full time
Summary

This position is in the Division of Market Oversight (DMO), in the Product and Market Analytics Branch (PMAB) at the Commodity Futures Trading Commission (CFTC), in Washington, D.C. PMAB is responsible for the review of the terms and conditions of futures, options, and swap contracts, as well as new exchange applications to determine their conformance with the economic and other requirements under the Commodity Exchange Act and the Commission's rules and policies.



Duties

If selected for this position, you will serve as an Economist within the Product and Market Analytics Branch (PMAB), Division of Market Oversight (DMO). At the full performance level, the Economist applies critical thinking to derivative product-related filings and, as needed, plans, designs, and carries out complex economic analyses on financial, virtual currency or derivative markets. The incumbent also works closely with DMO senior staff to identify emerging issues in derivative markets and related financial and virtual currency spot markets.

At the full performance level, duties include:

  • Review new derivative product submissions and product amendments to ensure that products comply with relevant provisions of the CEA, CFTC regulations, and Core Principles.
  • Communicate any deficiencies in product filings to PMAB and DMO leadership and also to the submitting exchange.
  • At the direction of the Associate Director, analyze product and amendment filings, including conducting interviews with market participants and exchange staff, and document in a memorandum to PMAB and DMO leadership and, as needed, to the Commission.
  • Provide expert technical assessment and support DMO's regulatory activities such as reviewing exchange applications, participating in rulemakings, issuing no-action relief, as needed.
  • As needed, provide support to Division of Enforcement in their investigations.
  • Provide technical assistance to foreign government authorities and exchanges on regulations related to derivative and commodity markets.

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