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Director of Derivatives Policy
Better Markets is a high-profile financial reform non-profit organization that seeks a Director of Derivatives Policy to lead our work regarding derivatives and commodities across the policymaking process, with a focus on the CFTC. That includes acting throughout the rulemaking process (which often includes Congress and litigation), performing research, formulating policy recommendations, authoring original materials, and engaging with regulators, policymakers, and industry on issues related to the derivatives market, derivatives regulation, and financial stability.
Given the importance of derivatives and commodities to the well-being of all Americans, this is an exciting opportunity to lead the fight for ensuring finance supports the real economy and jobs while promoting competition and fair dealing. Done right, this will help with capital formation and allocation as well as broader wealth creation and, ideally, reducing inequality and poverty. Our goal is nothing less than to make the American Dream available to everyone and ensure the economic and financial laws, rules and regulations work for Main Street American families, workers, investors, and consumers.
The ideal candidate will be a senior and highly motivated professional with significant experience in derivatives trading, analytics, and/or regulation. An in-depth knowledge of the Dodd-Frank Wall Street Reform and Consumer Protection Act and related rulemakings is highly desirable, along with a strong understanding of financial markets more generally.
- Closely monitor activities at the CFTC, SEC, Treasury, and other agencies involved in derivatives regulation and rulemakings, as well as developments in the industry.
- Perform detailed analyses related to the derivatives market, identify problems or potential problems, and develop policy and regulatory recommendations accordingly.
- Conceptualize and author comment letters, issue briefs, reports, and other products for a range of audiences.
- Participate in panels and other public discussions, as well as briefings with Congressional, regulatory, and Administration staff.
- Engage with reporters and the media on areas of expertise as appropriate.
- Bachelor’s degree, preferably in finance, business administration, economics, or a related field. Advanced degree desirable.
- At least three to five years of experience at the CFTC or analyzing policy issues and/or rulemakings relating to derivatives, preferably with 8 or more years of relevant experience overall.
- In-depth knowledge of the Dodd-Frank Act.
- Extremely strong written and verbal communication skills.
- Proactive, self-directed work style.
- Ability to work in a fast-paced environment.
- Strong team ethic.
- A good sense of humor!
Better Markets is a leading non-profit, non-partisan, and independent organization in Washington DC fighting for a financial system that supports the real productive economy, jobs, and growth. It was founded in the wake of the 2008 financial crisis to promote the public interest in the financial markets, support the financial reform of Wall Street, and make our financial system work for all Americans again. We pursue these goals through a variety of advocacy and activities, including throughout the rulemaking process at all the financial regulators, in-depth research reports, litigation in the federal courts, and through all mainstream and social media channels.
SALARY AND BENEFITS
The salary range for this position is $150,000-$250,000 dependent upon qualifications and experience. Excellent benefits package including no monthly contribution health insurance (dental and vision included), 401K with 5% annual employer contribution, tax-deferred flexible spending accounts, phone allowance, and commuter benefits, and paid membership to the in-building fitness center.
Downtown, Washington, DC conveniently close to Red, Blue, Silver and Orange line stations at Farragut North and Farragut West. (Currently under remote work until DC government and local health officials have determined employees may safely return to their physical work sites.)
Please send your resume and cover letter to email@example.com
Better Markets is an equal opportunity employer.
Job posted: 2022-01-04