Financial Economist - Policy and Economic Analysis


Job Details

Join us and make a difference in global investor protection.

Who We Are

The Public Company Accounting Oversight Board (PCAOB), a nonprofit organization established by Congress, oversees the audits of public companies and SEC-registered brokers and dealers to protect investors and to further the public interest in the preparation of independent, accurate, and informative audit reports.

Our investor protection mission is focused on modernizing audit standards, enhancing audit inspections, and strengthening enforcement of PCAOB rules and standards and other related laws and rules. People are at the heart of our mission at the PCAOB. As we carry out that mission, we strive to uphold the highest standards in audit quality with investors' families, savings, and futures in mind.

We are hiring mission-driven professionals interested in a career with purpose, competitive benefit offerings, and work-life flexibility. If you are interested in working with a diverse group of talented professionals to protect investors and drive audit quality and innovation while adhering to the highest standards of ethical and professional conduct, join us.

What We Offer

At the PCAOB, we offer a highly competitive compensation and benefits package with a focus on the health and financial well-being of our valued team members. Some of the features of our comprehensive Total Rewards package include:

  • Compensation - We support transparency, equity, and fairness in our compensation programs and provide a reasonable estimate of the salary range, based on data-driven market analysis, for each job posting. While it is not typical for an individual to be hired at or near the top of the range, a reasonable estimate of the salary range for this role in Washington, DC (Headquarters) is $153,600 - $224,000. Team members may also be eligible for performance-based discretionary awards.


  • Hybrid work option - Staff will be assigned to the Washington, DC (Headquarters) office. Staff can choose to live and work from anywhere within the United States but will be required to commute to their assigned office or location for occasional intentional gatherings or meetings at the frequency required by their supervisor. Travel to an assigned office or location for commuting purposes will not be considered reimbursable business travel, unless otherwise required by state law. Business travel is reimbursable in an amount not exceeding the cost to travel from the assigned office or location, unless otherwise required by state law.


  • Generous paid time off - Up to 6 weeks annually, in addition to 12 federal holidays, 2 floating holidays, and a year-end break from December 25 -31, 2024


  • Highly competitive 401(k) match and savings options - Immediate vesting and contributions matched dollar for dollar, up to 7 percent of eligible compensation. Roth in-plan conversion available.


  • Comprehensive and competitive health benefit offerings - Medical, dental, and vision plans


  • Supportive paid family leave benefits - Up to 16 weeks paid parental leave and up to 16 weeks paid caregiver leave


  • Life insurance benefits - Basic life and AD&D insurance provided; supplemental insurance also available


  • Education benefits - PCAOB staff qualify for the Public Service Loan Forgiveness (PSLF) program. We also offer student loan repayment assistance, staff college tuition assistance, and college coach program support.


  • Well-being and family resources - Mental health and well-being resources, paid volunteer time, emergency child/adult dependent back-up care services, family-forming assistance, discounted gym memberships, employee assistance program (EAP), health advocate program, and more


  • Commuter benefits - Tax-free employer subsidy and pretax employee deductions


Role Summary

The PCAOB has a full-time, regular position for a Financial Economist in the Office of Economic and Risk Analysis (OERA). The Financial Economist will develop economic analyses of rules and standards, perform post-implementation reviews, develop predictive econometric models, or conduct other research to support the PCAOB's strategic initiatives. The Financial Economist will report to a Deputy Director, Associate Director, or Assistant Director in OERA and will work in the PCAOB's Washington, DC (Headquarters) office.

Responsibilities
  • Perform economic analyses of rules and standards, conduct post-implementation reviews, develop predictive econometric models, or perform other research in support of the PCAOB's strategic initiatives.
  • Collaborate with staff in other offices and divisions on the development of economic analyses of rules and standards, post-implementation review reports, or predictive econometric models.
  • Develop technical papers and memoranda that support economic analyses of rules and standards, post-implementation review reports, econometric models, or other research and provide transparency for internal and external audiences into data sets used, methods applied, and results of analysis.
  • Present analysis and findings to internal and external audiences.
  • Identify opportunities to enhance the quality of the PCAOB's economic analysis, post-implementation reviews, or econometric models.
  • Engage with outside experts in academia and industry to further strengthen the PCAOB's understanding of auditing and its impact in capital markets or econometric modeling capabilities.
  • Analyze public and proprietary data to support and inform other PCAOB initiatives and projects.
  • Provide guidance to research analysts in the development of complex datasets.


Qualifications

Education/Technical Expertise
  • Ph.D. in accounting, finance, economics, or related field.
  • Expertise in conducting empirical research related to auditing, accounting, or financial markets, or developing econometric/statistical models for prediction and causal inference.
  • Expertise in statistical software packages (Stata, R, or SAS) and/or other programming languages (such as Python) to conduct econometric modeling and statistical analysis.
  • Outstanding collaborative skills and the ability to promote collaboration by unifying teams, setting common goals, and incentivizing collaborative behavior.
  • Ability to clearly articulate a position with sound logic, supporting empirical evidence, and impartiality.
  • Ability to effectively represent the organization to a variety of both internal and external constituencies.
  • A self-starter able to administer a number of open, ongoing assignments at any one time, where some assignments are routinely unstructured, requiring autonomy and independent judgment.
  • Ability to develop, coach, and mentor junior team members, providing constant feedback and clear direction.
  • Ability to develop positive working relationships with others, both internally and externally, to help achieve the goals of the organization.
  • In-depth experience successfully harmonizing diverse and competing interests.
  • Superior verbal and written communication skills.


Preferred Qualifications
  • 2+ years of relevant experience (excluding post-graduate experience).
  • Knowledge of corporate finance.


Equal Employment Opportunity

All PCAOB employees are entitled to equal opportunity and a professional work environment, free of discrimination and harassment. A workplace free of discrimination and harassment is fundamental to professional success and to the PCAOB's mission. The PCAOB will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law.

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 Public Company Accounting Oversight Board

 06/01/2024

 Washington,DC