The U.S. Securities and Exchange Commission (SEC) in Washington, DC is seeking for visiting financial economist positions in the Division of Economic and Risk Analysis (DERA). Interested candidates should have a research and policy interest in one of the following areas:
- Behavioral finance
- Household or retail finance
- Experimental economics
Specifically, the Behavioral and Retail Finance Working Group will provide analysis in support of the Commission on issues related to retail investors. Topical areas include investor testing and the effects of disclosures and other SEC actions on retail investor psychology and behavior.
The Division of Economic and Risk Analysis (DERA) works to integrate the sophisticated analysis of economic, financial, accounting, and legal disciplines with data analytics and quantitative methodologies in support of the SEC's mission. DERA provides economic analyses of proposed Commission actions and expertise in analytical approaches and methods in support of the agency's enforcement and examination programs. The Division's expertise is leveraged to support a wide spectrum of SEC activities including: policymaking, rulemaking, enforcement, examination, and data processing and analytics. Please visit the website for additional information about the SEC and DERA: http://www.sec.gov/dera
JOB DESCRIPTION: Visiting financial economists at the Commission provide economic guidance and research expertise to a broad range of activities, including rule-making, enforcement actions, market oversight and monitoring, and other regulatory initiatives. Candidates must have the ability to apply academic research and empirical methods in support of Commission actions and regulatory programs, and are expected to engage in independent research directed at top-tier professional journals.
Visiting Academics: DERA uses the Intergovernmental Personnel Act (IPA) Mobility Program to bring in talented academics as Visiting Academics, typically for one-year appointments that may be extended another year if the home organization approves it.
- Education: A Ph.D. in economics, finance, accounting, mathematics, statistics, or similarly quantitative field
- Additionally, preferred candidates have at least two years post-graduate experience conducting high-quality research on behavioral, household, retail, or experimental finance or economics, and other topics of interest to the SEC
- Experience: evidence of a strong research background or potential
- Must have, and retain, a permanent (tenure or tenure-track) position at a public or private U.S. college or university
TERMS, COMPENSATION AND BENEFITS: These positions are one-year or two-year appointments, renewable up to four years. Visiting Scholars are compensated pursuant to the Intergovernmental Personnel Act contract, whereby professors are detailed to the government but remain employed by their universities, which are reimbursed for the academic salary and benefits. Visiting academics may be reimbursed for moving expenses.
APPLICATION PROCEDURE: To apply, please submit a packet to DERA-Recruiting@sec.gov
Please include your last name, first name and position type (Visiting Behavioral Finance) 2016 Application Packet in the subject line in the following format: LastNameFirstName_SSRN ASSA Position Type 2016 Application Packet. For example, the subject line would read: SmithJohn_SSRN Visiting Behavioral Finance2016 Application Packet. Please follow the naming conventions below in your application package. The packet must include:
1. a brief cover e-mail indicating your research interests or other reason for seeking the position, Veteran's status (CPS, CP, XP, TP, NA)
2. a CV or resume (Last NameFirstInitial_CV, e.g. SmithJ_CV)
3. sample working papers or research (Last NameFirstInitial_ Paper title , e.g. SmithJ_ Strategy Execution)
To ensure proper consideration, please submit your application by March 25, 2016.