SENIOR OFFICER-ASSOCIATE DIRECTOR (DISCLOSURE OPERATIONS)
U.S. Securities and Exchange Commission
Location: Philadelphia, Pennsylvania
Type: Full Time
Salary: $190,564 - $275,867 per year
The Senior Officer-Associate Director position is in the Division of Corporation Finance's Disclosure Review Program. This position is located in Washington, D.C and is open to US citizens.
As an Associate Director in Disclosure Operations within the Division of Corporation Finance, and a direct report to the Deputy Director, Disclosure Operations, you would be responsible for assisting Division leadership with oversight of the Disclosure Review Program, including the Division's selective review of offering documents and periodic filings submitted pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. You would supervise the staff's reviews to ensure compliance with the applicable disclosure and accounting requirements, collaborate with the Division's senior leadership to set guidelines for interpretive positions taken by staff within certain industry offices, consistent with the Commission's statutory mission.
Typical duties include:
Advising on transactions and interpretive questions arising under the Securities Act of 1933; the registration, reporting, proxy, and other disclosure and fraud provisions of the Securities Exchange Act of 1934; the Trust Indenture Act of 1939; the Sarbanes-Oxley Act of 2002; the Dodd-Frank Wall Street Reform and Consumer Protection Act; and the rules and regulations promulgated under the foregoing statutes; and assuring compliance with the requirements of the forms and procedures administered by the Division.
Establishing review goals and assisting the Deputy Director, Disclosure Operations with administration of the Disclosure Review Program to efficiently achieve specified goals and objectives. Maintaining policies, procedures, and resources to reflect current priorities; developing new policies and procedures in response to emerging trends, changing priorities and new legislation.
Supervising the maintenance of an informational and legal interpretative program in assigned offices to assist and advise registrants, prospective registrants, accounting firms, legal firms, financial firms, investment firms, and the general public with respect to the registration, reporting, and other disclosure requirements of the statutes and rules administered by the Division.
Providing guidance and leadership to direct reports, including assigned Industry Office Chiefs, and collaborating with other Division offices to enhance the effectiveness of filing review outcomes.
Serving as an advisor on a broad set of functions that support innovation in Disclosure Operations. Maintaining the Division's outreach and consultation efforts to inform the Division's work to facilitate capital formation and enhance investor protection.
Performing the administrative and human resource management functions relative to supervised staff including: planning, scheduling, and assigning work; establishing guidelines and performance expectations for staff; providing feedback; periodically evaluating employee performance; overseeing training and development of staff; managing time and attendance; promoting a diverse and inclusive work environment that drives a positive "tone at the top"; and carrying out Equal Employment Opportunity (EEO) policies through active participation in program activities that foster positive working relationships and collaborative behavior.
You must possess a J.D. or LL.B Degree.
You must be an active member of the bar in good standing.
CITIZENSHIP: This position is open to US Citizens.
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education.
BASIC REQUIREMENT: All applicants must possess the following
J.D. or LL.B. degree --AND--
Active membership of the bar in good standing in any state, territory of the United States, the District of Columbia, or the commonwealth of Puerto Rico. (Note: proof of bar membership will be required before entry on duty.
MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement.
SO-01: Applicant must have at least four years of post J.D. work experience identifying legal issues, providing legal analyses, recommendations, and preparing complex legal documents, which also includes at least three years of specialized experience:
1) Interpreting and providing guidance on securities regulatory matters involving business combinations, proxy solicitations, tender offers, beneficial ownership reporting, corporate governance, securities issuances by sovereigns or foreign private issuers, or issuances of asset-backed securities; 2) Overseeing the preparation or review of SEC filings in connection with the foregoing; 3) Providing legal advice regarding the general application of the Securities Act of 1933, Exchange Act of 1934, and other federal securities laws and recommending the resolution of disclosure reporting issues; and 4) Providing guidance and evaluation of rulemaking initiatives and overarching policy issues related to the federal securities laws.
FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show 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
Official Transcripts will be required at the time of appointment to verify educational eligibility.
The SEC is a bipartisan Commission consisting of up to five Commissioners appointed by the President and confirmed by the Senate. The President designates one Commissioner to serve as Chairman of the Commission. The SEC’s mission is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. Accordingly, as outlined in the SEC’s Strategic Plan, the SEC’s goals are to focus on the long-term interests of our Main Street investors; recognize significant developments and trends in our evolving capital markets and adjust our efforts to ensure we are effectively allocating our resources; and elevate the agency’s performance by enhancing our analytical capabilities and human capital development. The SEC oversees the nation’s securities markets and certain market participants, including broker-dealers, investment companies, investment advisers, clearing agencies, transfer agents, credit rating agencies, and securities exchanges, as well as organizations such as the Financial Industry Regulatory Authority, Municipal Securities Rulemaking Board, and the Public Company Accounting Oversight Board. The agency’s functional responsibilities are carried o...ut through five divisions and 25 offices, each of which is headquartered in Washington, DC. The SEC also has 11 regional offices located throughout the country.
The SEC is considered a mid-sized federal agency, with 4,350 employees at the start of FY20. The SEC offers a competitive compensation and benefits package. In additional to standard federal benefits (i.e., escalating annual and sick leave, shared premiums for health, dental, vision, and life Insurance), we offer additional benefits related to child and elder care support, student loan repayment, generous retirement matching, transportation subsidy and many more benefits to support employee growth and development in our workforce.