Research Economist

To qualify for this position, applicants must meet both the basic requirement and specialized experience for the positions.

Basic Requirement Applicants must possess one of the following: A) Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus. (Transcripts MUST be submitted) -OR B) Combination of education and experience: Courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. (Transcripts MUST be submitted) In addition to the basic requirements for this position: To qualify for the CT-14 level you must have at least one year of specialized experience equivalent to the next lower grade (GS/CT-13 level).

Specialized experience includes but is not limited to: Experience performing quantitative and qualitative studies of financial markets. Experience performing economic research and analysis related to the regulation of derivatives markets. Experience translating complex economic and data‐driven information into clear, policy‐relevant, guidance to support senior‐level decision‐making.

If selected for this position you will; Formulate and conduct economic research and expert analyses for the CFTC as it relates to the Commission's policy development. Provide expert advice on matters considered by the Commission and the operating divisions. Serve as a consultant and advisor to senior Commission policymakers on policy issues and proposed legislation. Examine the impact of proposed policies on the structure and performance of futures, options, swaps, and other derivative markets.

Conduct in-depth qualitative and quantitative analysis related to the function, utilization, or regulation of derivatives markets. The products of such studies provide guidance throughout the CFTC in such activities as developing and revising regulations, evaluating exchange rules, developing trade reporting requirements, and taking regulatory actions. Conduct research on the history of derivatives markets and their regulation.

Study the historical performance of futures and swaps contracts, with the objective of increasing the Commission's understanding of which contract features contribute to a contract's commercial success or failure. Analyze the economic costs and benefits of proposed regulatory actions on the futures and swaps markets, cash commodity markets, and the U.S. economy, based on the result of analysis and research and development of proposed regulatory policies for consideration by CFTC.

Analyze the structure of the various futures, swaps, and other derivatives markets and the composition and nature of market participation.

Identify and define the nature and scope of issues and problems; gather, develop, weigh and/or validate data; balance a wide variety of requirements and concerns such as financial, historical, technical, political, public interest and broad direct and indirect impacts; develop and evaluate the strengths and weaknesses of various alternatives; prepare documents, present findings and conclusions; recommend and advise on policies and strategies in assigned areas and identifies areas where additional study and analysis is needed.

Educate other staff members and the public on the economics of futures, derivatives, and cash markets. This may involve teaching classes for CFTC employees or preparing brochures and documents for the Office of Public Affairs.