U.S. Commodity Futures Trading Commission - Office of the Chief Economist
Research Economists

WHO WE ARE: The Commodity Futures Trading Commission (CFTC) is an independent U.S. Federal government agency that regulates futures, options, and swaps markets. The CFTC's mission is to protect market users and the public from fraud, manipulation, abusive practices and systemic risk related to derivatives, and to foster open, competitive and financially sound markets. Visit the Commission’s website for additional information: http://www.cftc.gov

RESPONSIBILITIES: The Office of the Chief Economist (OCE) conducts research on major policy issues facing the Commission; assesses the economic impact of regulatory changes on derivatives and related commodities and financial markets; participates in the development of Commission rulemakings; partners with other CFTC Offices and Divisions to provide quantitative and economic analysis for the Commission; conducts special studies and evaluations; and produces public-facing research targeting both the general public and academic audiences.

Among the prospective topics of study are:
- systemic risk issues related to derivatives, including theoretical and empirical analyses of margin, clearing, liquidity, optimal levels of transparency, and market design;
- econometric analysis of derivatives data (exchange-traded and over-the-counter);
- theoretical and econometric analysis of high frequency data, including order book and message data;
- models of trading activity, intermediation, and market microstructure, including network analyses of derivatives markets;
- economic and empirical analysis of regulations on markets.

DESIRED QUALIFICATIONS: Applicants should be able to show evidence of contributions to research projects in economics and finance that have led to a completed white papers, working papers, or publications. Applicants should be able to convey research results both verbally and in writing, evidenced by samples of past writings and/or formal presentations. Applicant must know how to use SAS, SQL, Python, or R for the statistical analysis of large data sets by showing completed analyses of data sets containing at least 1 million rows of data. In addition, the applicant must be familiar with derivatives and derivatives markets (contingent cash flows, institutional details, exchanges vs. over-the-counter markets, commodity and financial products), shown by relevant education and work experience.

APPLICATION PROCEDURE: Applications are only accepted through http://www.usajobs.gov. View the current official job posting at https://www.usajobs.gov/GetJob/ViewDetails/486225700. US citizenship is required for appointments.

Posted: 18 Dec 2017