The Legal Policy 3 Group in the Office of the General Counsel provides legal and policy advice to the Commission concerning securities laws, administrative law, and other applicable legal authorities. In particular, the group analyzes regulatory recommendations to the Commission, primarily from the Division of Corporation Finance and the Office of the Chief Accountant, and advises on matters involving disclosures and accounting standards.
The position is located in Washington, DC.
This position serves as the Assistant General Counsel for Accounting and Disclosure Policy.
Typical Duties Include:
Advising the Commission, the General Counsel, and other divisions and offices on complex legal and policy matters involving the Securities Act of 1933, the Securities Exchange Act of 1934, related regulations, and administrative law.
Overseeing the legal advice given to the Commission, divisions and offices, and individual managers on rulemaking and other regulatory initiatives, with a particular focus on the work of the Office of the Chief Accountant.
Advising and supporting the Office of the Investor Advocate, the Office of the Advocate for Small Business Capital Formation, the EDGAR Business Office, and other offices within the Commission on various policy initiatives and outreach efforts.
Assisting the Office of the Chief Accountant with its oversight of the Public Company Accounting Oversight Board (PCAOB) and Financial Accounting Standards Board (FASB) standard setting.
Establishing and maintaining close cooperative working relationships with the Commission's management and officials, government agencies, and other institutions with related interests, in order to advance the programs and objectives of the Commission.
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; and carrying out Equal Employment Opportunity policies through active participation in program activities that foster positive working relationships and collaborative behavior.
CITIZENSHIP: You must be a US Citizen.
You must possess a J.D. or LL.B Degree and be an active member of the bar in good standing.
All qualification requirements must be met by the closing date of this announcement.
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.
SK-17: the applicant must have at least four years of post J.D. work experience identifying legal issues, conducting legal research, providing legal analyses, providing legal solutions/recommendations, and preparing legal documents, such as memoranda, correspondence and motions work experience as a practicing attorney that also includes at least three years:
Applying federal securities laws with particular emphasis on matters involving the Securities Act of 1933 and the Securities Exchange Act of 1934, and providing legal advice and analysis of complex issues relating to the registration, disclosure, and reporting (including financial reporting) requirements applicable to issuers of securities;
Providing a range of legal advisory services, including producing legal memoranda and providing oral presentations to leadership of an agency or organization on questions involving the federal securities laws and administrative laws;
Advising on the federal rulemaking process and applicable administrative laws; and
Managing a diverse workload and leading subordinate staff on complex securities laws questions.
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
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.