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Apply now for an exciting opportunity at the Commodity Futures Trading Commission (CFTC). CFTC promotes the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation. Please visit www.cftc.gov. The CTFC is currently operating in a remote posture. If selected for this position, you will be required to report to a CFTC location for onboarding. Per Agency's policy, you may have to follow reporting procedures.
Learn more about this agency02/01/2024 to 02/15/2024
$24.83 - $44.67 per hour
CT 07 - 09
Few vacancies in the following locations:
No
Yes—as determined by the agency policy.
Not required
No
Internships - Excepted service - Temporary - Not to exceed 9/30/2024
Full-time
Excepted
Note - If selected at the CT-07 level the full promotion potential is the CT-07. If selected at the CT-09 level the full promotion potential is the CT-09. Temporary positions do not have promotion potential.
No
No
CFTC-Main-2024-0005
774275400
U.S. Citizens, Nationals or those who owe allegiance to the U.S.
Current students enrolled in accredited educational institutions from high school to graduate level. Includes internships, pathways and other student programs.
CFTC will accept applications from currently enrolled students who will have completed at least one or two years at an accredited school by May 31, 2024.
The CFTC is currently hiring students studying economics under the Pathways Program. The CFTC offers substantive work that gives interns an opportunity to demonstrate their skills through work experience. Students will be assigned to work with CFTC staff members on projects and assignments that cover a broad range of the Commissions’ work.
Students may be assigned to one of the following Divisions:
Chairman/Commissioner's Office
Five Commissioners administer the CFTC, all Commissioners are appointed by the President, with the advice and consent of the Senate. The President designates one of the Commissioners to serve as Chairman. The Chairman and Commissioners sponsor advisory committees as well as provide market oversight.
Division of Clearing and Risk (DCR)
DCR oversees derivatives clearing organization (DCOs) and other market participants in the clearing process. DCR monitors the clearing of futures, options on futures, and swaps by DCOs, assesses DCO compliance with Commission regulations, and conducts risk assessment and surveillance.
Duties of an economics intern under one of the following branches for DCR includes:
Risk Surveillance Branch
Examinations Branch
Division of Market Oversight (DMO)
DMO fosters open, transparent, fair, competitive, and secure markets through oversight of derivatives platforms, specifically, designated contract markets (DCMs) and swap execution facilities (SEFs).
Duties of an economics intern may include:
Market Participants Division (MPD):
MPD oversees swap dealers and derivatives market intermediaries, including commodity pool operators, commodity trading advisors, futures commission merchants, introducing brokers, major swap participants, and retail foreign exchange dealers, as well as designated self-regulatory organizations.
Duties of an economics intern may include:
NOTE: If selected at the CT-07 level the full promotion potential is the CT-07. If selected at the CT-09 level the full promotion potential is the CT-09. Temporary positions do not have promotion potential.
Pathways Internship Program Qualifications: Students must meet the qualifications requirements by May 31, 2024. The Summer Program will begin Jun 5,2024 thru September 30, 2024. Appointments are NOT TO EXCEED 90 days.
Basic Qualifications:
A Degree in economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
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.
MINIMUM QUALIFICATION REQUIREMENTS
To qualify for this position at the grade 07 level, you must meet the definition of a student and possess at least one of the following:
1. Completion of 1 full academic year of graduate level education; or Eligibility under the Superior Academic Achievement Provision and completion of a bachelor's degree by May 31, 2024.
To qualify for this position at the grade 09 level, you must meet the definition of a student and possess at least one of the following:
1. Completion of 2 academic years of graduate level education, or a master's degree or equivalent graduate degree by May 31, 2024.
Must submit a copy of final transcripts prior to establishing an official start date. See the Required Documents section for more information.
*If selected at the CT-07 level the full promotion potential is the CT-07. If selected at the CT-09 level the full promotion potential is the CT-09. Temporary positions do not have promotion potential since positions are temporary NTE 9/30/2024.
U.S. EDUCATION: Institutions located within the United States that have attained accreditation are listed on the U.S. Department of Education's website. To verify your institution's accreditation, please access this website: http://ope.ed.gov/accreditation/search.aspx
SPECIAL INSTRUCTIONS FOR FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html.
Supplementary vacancies may be filled in addition to the number stated in this announcement.
By submitting your application you are certifying the accuracy of the information contained in your application. If you make a false statement in any part of your application, you may not be hired, you may be terminated after you begin work, or you may be fined or jailed. After making a tentative job offer we will conduct a suitability/security background investigation. You will be required to submit official documentation before appointment. The agency will then verify the information provided on your application (e.g., degree, veterans’ documentation, certification of disability, etc.).
You will be evaluated for this job based on how well you meet the qualifications above.
Candidates will be assessed based on basic eligibility requirements (either Agency-developed standards or the OPM Qualification Standards for the position being filled). Veterans' preference applies to selection for positions in the Pathways Programs. Selections must be made in accordance with the requirements of 5 CFR part 302, veterans' preference laws, and OPM guidance.
You must provide a complete Application Package, which includes:
You are not required to submit official documents at this time; copies are sufficient.
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
YOU MUST APPLY ONLINE: Your complete application, including required documents, must be received by 11:59 p.m. Eastern Time (EST) on the closing date of this announcement. You must complete and submit an application by accessing the USAJOBS website at USAJOBS.GOV. To begin, click the Apply Online button within the vacancy announcement and follow the prompts to create an account using LOGIN.GOV, if you have not done so already. LOGIN.GOV will walk you through each step of the account set-up and will automatically link your USAJOBS profile to LOGIN.GOV. Once you have established an account using LOGIN.GOV, you will then go back to USAJOBS.GOV using your LOGIN.GOV user name and password to answer the questions, and submit all required documents. If you already have established an LOGIN.GOV account or want to return to your saved application go to USAJOBS.GOV using your LOGIN.GOV user name and password to apply or view your profile. If you have problems completing your on-line application, including problems submitting your supporting documents, please contact the Help Desk by e-mail at mgshelp@monster.com or phone at 1-866.656.6831. The help desk is available Monday-Friday, 7:00 a.m. to 7:00 p.m. EST. To verify the status of your application, log into your USAJOBS account (https://my.usajobs.gov/Account/Login), all of your applications will appear on the Welcome screen. The Application Status will appear along with the date your application was last updated. For information on what each Application Status means, visit: https://www.usajobs.gov/Help/how-to/application/status/.
The law prohibits public officials from appointing, promoting, or recommending their relatives. The law prohibits requesting, making, transmitting, accepting, or considering political recommendations for employment or other personnel actions for non-political positions. This includes recommendations from Members of Congress, Congressional employees, elected state or local officials, and political party officials and any recommendation based on party affiliation.
EEO Policy Statement. The United States Government does not discriminate in employment on the basis of race, color, religion, sex, national origin, genetic information, political affiliation, sexual orientation, marital status, disability, age, membership in an employee organization, or other non-merit factor.
Reasonable Accommodation. Applicants requiring reasonable accommodation for any part of the application and hiring process should contact the CFTC directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.
Your status will also be updated on USAJOBS throughout the process. You can check your status, by accessing the USAJOBS website at http://usajobs.gov/ and clicking on "Track Your Online Application."
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/774275400. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
Learn more about
Apply now for an exciting opportunity with the Commodity Futures Trading Commission (CFTC). With an expanded mission and authority including oversight of the swap markets, the CFTC continues to protect the American public by promoting market integrity, transparency and preventing and prosecuting fraud, manipulation and other abuse in the futures and options markets. Please visit http://www.cftc.gov/ to learn more about the CFTC.
At CFTC, we value diversity of perspectives and backgrounds and are committed to building an inclusive work environment where all employees can contribute to their fullest potential.
