U.S. SECURITIES AND EXCHANGE COMMISSION

Visiting Academic Scholars and Economic Fellows

The U.S. Securities and Exchange Commission in Washington, DC is seeking candidates for positions as Visiting Scholars and Economic Fellows in the Division of Risk, Strategy, and Financial Innovation. Division staff will be available for meeting with interested parties at this year’s meetings of the Financial Management Association and the American Finance Association.

JOB DESCRIPTION:

Visiting Academic Scholars and Economic Fellows participate in research and analyses as members of the Division and provide economic guidance and research expertise to the Commission with respect to policy, enforcement, and regulatory initiatives. Opportunities exist to focus on specific policy/research areas or in litigation support. The Division is seeking candidates who have experience in areas including, but not limited to (and in no particular order): hedge funds, financial derivatives, market microstructure, credit ratings and credit risk, mutual funds, municipal securities, financial intermediaries, disclosure policy, corporate governance and finance, securities issuance, financial accounting, clearance and settlement, and litigation support. We are interested in tenured and tenure-track faculty, as well as recent Ph.D. graduates who are interested in visiting positions for a year or more. The staff is expected to conduct high quality research that benefits the Commission, on par with that which is published in academic journals.

JOB QUALIFICATIONS:

• A Ph.D. in Finance, Accounting, Economics, or related area, plans to finish a Ph.D. before or shortly after starting employment, or industry experience commensurate with a doctoral degree.
• Evidence of a strong research background or potential
• Interest in the application of economic research and theory to issues of interest to the Commission.
• Visiting Academic Scholars must already have a permanent position at a U.S. college or university. Economic Fellows do not.
• While U.S. citizenship is generally required, certain situations may allow for non-U.S. citizens to be employed in permanent positions (such as persons lawfully admitted for permanent residence and seeking citizenship as outlined in 8 U.S.C. 1324b(a)(3)(B)). For information on employment eligibility for non-U.S. citizens, see http://www.usajobs.gov/ei/noncitizensemployment.asp. Positions are contingent upon all candidates passing a background check.

TERMS, COMPENSATION AND BENEFITS:

• Visiting Scholar positions are one-year appointments, renewable once.
• Economic Fellows are appointed for a one-year term that is renewable up to a maximum of four years.
• Visiting Scholars continue receiving salary and benefits from their universities, which are reimbursed for the academic salary and benefits, up to a maximum salary reimbursement of approximately $198,333. Compensation includes an allowance for moving expenses.
• Economic Fellows are compensated according to qualifications on the SK scale. They receive benefits as if they were permanent government employees.

INSTRUCTIONS FOR UPLOADING DOCUMENTS:

After you have registered and created a User ID and Password, please follow the instructions below to upload the necessary documents.

1. Visit http://www.sec.futurestep.com and click "Already Registered" at top of page

2. Enter your User ID and Password and select "Go"

3. Click 'Review Resume Now' and, from the left-hand menu, scroll down to 'Attach Resume'

4. Click "Choose File" then click "Browse" to locate the document on your computer

5. Once you have located the file you wish to upload, please make sure that the document has a descriptive name (i.e., "John Smith Resume", "John Smith Writing Sample" or "John Smith Transcript").

6. Click "Open", and then click "Upload File" to transmit document to the SEC Recruitment Center.

7. Your document(s) will be listed and you may view/replace it at any time.Supported file formats are: .doc (MS Word), .wpd(WordPerfect), .rtf, .txt and .html.

If it is not possible for you to complete this application on-line, follow these steps to fax your application and/or supporting documentation:

1. Print a copy of this job announcement so that you can read and respond to the questions offline.

2. Fax your materials to 713-583-1533. Your cover sheet must identify the job title, location and posted date.

In addition to the positions listed above, The Division of Risk, Strategy, and Financial Innovation also seeks candidates interested in permanent positions as Financial Economists. Financial Economists perform the same duties as those described here, however; they must apply under an open vacancy announcement. Vacancy announcements are posted on the Commission’s website and through other U.S. government employment resources. There are currently seven vacancies for Financial Economists, which close on Friday, October 1, 2010. Please go to http://sec.futurestep.com/Opportunities/SEC71023 for positions at the SK-14 level, or http://sec.futurestep.com/Opportunities/SEC71056 for positions at the SK-16 level. You may also apply through the SEC’s vacancy announcements on USA Jobs; scroll through the listings to find the Financial Economist postings.

ABOUT THE DIVISION OF RISK, STRATEGY, AND FINANCIAL INNOVATION:

The Division of Risk, Strategy, and Financial Innovation was created in September 2009 to provide sophisticated analysis that integrates economic, financial, and legal disciplines. The Division’s responsibilities cover three broad areas: risk and economic analysis; strategic research; and financial innovation. Its responsibilities include providing economic analyses of proposed Commission actions and providing expertise in analytical approaches and methods in support of the Commission’s enforcement and examinations program. In its “think tank” and other roles, the Division is involved across the entire range of SEC activities, including policy-making, rule-making, enforcement, examination, and other matters.