Website U.S. Securities and Exchange Commission (SEC)
The Office of Credit Ratings is charged with administering the rules of the Commission: for the protection of users of credit ratings and in the public interest; promoting accuracy in credit ratings issued by NRSROs; ensuring that credit ratings are not unduly influenced by conflicts of interest; with respect to the practices of NRSROs in determining credit ratings, and helping to ensure that firms provide greater disclosure to investors.
- Leading the Office of Credit Ratings staff and providing overall strategic direction and management oversight for the office.
- Leading oversight of credit rating agencies pursuant to the requirements of the Dodd-Frank Act, including the production of studies and development of recommendations.
- Managing a team of approximately 45 interdisciplinary team members that will examine, monitor and analyze developments at credit rating agencies registered with the Commission as nationally Recognized Statistical Rating Organizations (NRSROs) under Section 15E of the
- Securities Exchange Act of 1934. The results of this work inform senior policy makers at the Commission, and is frequently shared with other relevant regulators in the US and internationally.
- Managing the annual examinations of the credit rating agencies required by the Dodd-Frank Act and the preparation and publication of an annual public report on such examinations.
- Formulating, implementing and interpreting policies, rules and regulations applicable to registered credit rating agencies, consistent with the Commission’s statutory mandates under the Exchange Act and subject to approval by the Chairman and other Commissioners as appropriate.
- Overseeing the execution of on-site examinations of NRSROs for compliance with Commission’s rules and applicable provisions of the Exchange Act and works closely with other Commission divisions/offices in the preparation of the studies and reports.
- Assessing the economic impact, feasibility, practicality, and effectiveness of existing and/or proposed legislation, standards, regulations, and/or policies in order to develop, review, and/or approve high-level policies that have a broad impact on the NRSROs.
- Promoting the spirit and practice of diversity, and further the goals of equal employment opportunity (EEO) by taking positive steps to ensure the accomplishment of affirmative action objectives, and adherence to nondiscriminatory employment practices.
- You must be a US Citizen.
- 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 SO-02.
- PROBATIONARY PERIOD: This appointment may require completion of a two year supervisory/managerial probationary 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.
- DRUG TESTING: This position may be subjected to drug testing requirements.
- 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 not in the collective bargaining unit.
- For consideration at the SO-2 level, you must currently hold a SO-2 position within the SEC.
Company: U.S. Securities and Exchange Commission (SEC)
Vacancy Type: Full Time
Job Functions: Others
Job Location: Washington, DC, US
Application Deadline: N/A