The CFTC is seeking an Auditor in NYC (Salary $97,244-$203,584/yr)

• Plans, coordinates and conducts ongoing risk surveillance activities of swap dealers, major swaps participants, futures commission merchants and retail foreign exchange dealers.
• Develops and maintains watch list of swap dealers, major swaps participants, futures commission merchants and retail foreign exchange dealers.
• Participates in evaluation of swap dealers and major swaps participants global trading, risk management processes, financial reporting systems and internal control environment swaps dealers.
• Participates on rule writing committees for development of Commission regulations promulgated in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.
• Plans, coordinates and conducts risk-based oversight and examination of swap dealers, major swaps participants, futures commission merchants and retail foreign exchange dealers, and other categories of registrants subject to Commission regulatory authority.
• Plans, coordinates and conducts oversight and examination of self-regulatory organizations (SROs), including the National Futures Association, a registered future association.
• Reviews and investigates notices received from registrants, SROs and public accountants relating to financial and recordkeeping deficiencies.

Requirements

Conditions of Employment

• Knowledge in auditing and/or accounting theory, concepts, practices, and procedures to evaluate financial information, draw conclusions and/or develop sound recommendations pertaining to areas such as regulatory compliance, internal controls, financial reporting, etc.
• Professional level knowledge of the Commodity Exchange Act and/or related regulatory frameworks to evaluate registrant compliance and develop sound products and conclusions.
• Professional level knowledge of swaps and/or commodity futures trading practices and procedures to perform financial oversight and associated examination programs for a wide range of registrations (e.g., futures commission merchants, swap dealers, self-regulating organizations SROs), etc.).
• Ability to develop high quality written and analytical products.
• Skill in oral communication in order to successfully engage with a variety of internal and external stakeholders.  

Qualifications

BASIC REQUIREMENTS:

1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
3. Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.

• evaluating financial and industry data and its effects on Futures Commission Merchants (FCMs), Swap Dealers, other market participants and the industry;
• applying financial and risk analysis techniques and methods to assess actual and potential impact on financial industry entities, the financial condition of commodity derivatives or related markets;

• evaluating financial and industry data and its effects on FCMs, Swap Dealers, other market participants and the industry;
• applying financial and risk analysis techniques and methods to assess actual and potential impact on financial industry entities, the financial condition of commodity derivatives or related markets;
• presenting findings and recommendations relating to examinations, financial analysis and risk management activities

• evaluating financial and industry data and its effects on FCMs, Swap Dealers, other market participants and the industry;
• applying financial and risk analysis techniques and methods to assess actual and potential impact on financial industry entities, the financial condition of commodity derivatives or related markets;
• experience presenting findings and recommendations relating to examinations, financial analysis and risk management activities
• leading development of financial review products and recommendations and presenting findings to management.

Education