Quantitative Research Analyst (Financial Engineer) in Office of Broker Dealer

Karla Jones

Senior Recruiter, SEC
The Securities and Exchange Commission is seeking a Quantitative Research Analyst (Financial Engineer) in our Office of Broker Dealer within the Office of Compliance Inspections and Examinations to be located in one of the following Offices:
  • Atlanta Boston
  • Chicago Denver
  • Fort Worth Los Angeles
  • Miami New York
  • Philadelphia San Francisco
  • Salt Lake Washington DC (HQ)

The mission of the SEC is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. We seek high-caliber professionals who share the same values of integrity, fairness, accountability, resourcefulness, teamwork and commitment to excellence. The SEC offers challenging work in a collegial environment, while enjoying quality of life and a competitive compensation package.

The Quantitative Research Analyst (Financial Engineer) will:
  • Serve as an expert on data analysis, working with top management on major examinations utilizing sophisticated models, determining proper empirical methodology, organizing data collection, writing unique programs, preparing written reports, and summarizing the studies in formal and informal presentations to enhance the analysis of the information collected from registrants.
  • Provide leadership and counsel in the area of data analysis exploring alternatives to current examination techniques and determining what improvements can be made to current work methods.
  • Provide expert technical advice to all levels within the organization including problem solving for examinations across the country.
  • Develop policies and procedures to ensure the optimization and utilization of such IT services delivered to the National Examination Program.
  • Plan and conduct high-level, high-visibility examinations of some of the largest firms in the country with a heavy emphasis on understanding their IT systems including potential weaknesses in the way they retain and share electronically stored, required books and records;
  • Write, edit, and review queries and exception reports in Structured Query Language (“SQL”) using large relational databases, like Oracle, Sybase, and other database vendors used to isolate high risk activities;
  • Utilize analysis and reporting software vendors, like Business Objects, Crystal Reports, etc., to generate reports to management and examiners that highlight areas of risk at firms;
  • Prepare concise, detailed, and easy to use reports and data summaries that breakdown complex findings from the analytical review into discernible, easy to act on steps for those selected to follow-up on the issue(s);
  • Advise and provide consultation and guidance to SEC program personnel and senior officers concerning trends, findings, risks, and other items of national interest emerging from the data analysis;
  • Train and support other examiners in the areas of data analysis across a variety of software platforms;
  • Leverage in-depth knowledge and subject matter expertise to develop, improve, and test new queries, reports and forensic tests based on emerging trends and issues to help ensure the relevancy of the analysis conducted by the RAE Team; and
  • Serve as a recognized authority and primary agency resource in the areas of data analysis and forensic review of IT systems.

The successful candidate MUST be a US Citizen.
  • Candidates must submit Official/Unofficial transcripts at the time of application. Failure to provide transcripts will result in your application being disqualified.
  • Resume
SK 14 Level:Must possess at least one year of experience equivalent to at least the GS/SK-13 grade level conducting examinations or audits of entities registered and regulated by the SEC (e.g., compliance audits, IT systems audits, etc.), programming queries and reports in a database program such as SQL, Oracle, or other substantially similar databases; planning, acquiring, and managing data analysis projects; managing projects for business process improvement and/or IT system implementation; interpreting complex financial and securities industry data; using models and other types of data analysis and statistical software applications to manipulate and use large data sets and ensure the accuracy of information produced; conveying complex and technical information both orally and in writing and presenting technical findings in meetings and formal presentations.
Preferred Experience:
  • Combination of education and experience in information systems; specifically, in programming queries and reports in SQL, stored procedures, Oracle, or other substantially similar databases.
  • Programming and database administration experience;
  • Knowledge of federal securities laws relating to trading and transaction supervision for all types of registered entities;
  • Designations, certifications, licenses, such as CFA, CPA, database vendor certifications, other relevant IT certifications;
  • Masters or PHD in a relevant field;
  • Strong interpersonal skills to interact effectively with industry representatives as well as with SEC senior officials, supervisors, co-workers, and the public.
  • Candidate must possess at least an undergraduate degree in: finance, engineering, mathematics, statistics, computer science, actuarial science, Economics or related technical field.
For more information about the position and to apply, please visit our website:
Please use Vacancy Identification Number: 715231
The closing date of this position is: August 31, 2012


C++ Student
This looks really interesting. Can anyone speak from experience about what it is like to interview/work at the SEC....

@Andy--I know that you mentioned you know of a few people at the SEC--how are financial engineers treated there?

Andy Nguyen

There are very few MFE grads working at SEC, compared to other financial institutions. But that number surely will grow.
From what I'm been told, it's standard one round, multiple people interview and job/life balance is pretty good. SEC compensation/benefit is excellent if you keep in mind this is a govt agency. I would suggest anyone that is eligible (US citizens) to check it out.