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McNamara named as managing executive to SEC’s trading and markets division

The Securities and Exchange Commission announced on Friday that the agency has named James P. McNamara to the newly-formed position of managing executive of the agency’s trading and markets division.

Currently an assistant director for the SEC’s office of financial management, McNamara will be responsible for budget, planning and human resources in the trading and markets division.

“The breadth of [McNamara’s] management experience, including his expertise with respect to managing and improving business processes in the financial, human resources and IT areas, will be invaluable to the Division,” Robert Cook, the director of the SEC’s trading and markets division, said.

From 2003 to 2005, McNamara served as the branch chief for administration in the trading and markets division. He then became a branch chief for budget formulation and performance management at the office of financial management, where he served until 2006. McNamara returned to the SEC’s office of financial management in 2010 as budget officer before becoming assistant director in 2011.

“I am honored to have been selected for this position,” McNamara said. “I look forward to returning to the Division and working with [Cook] and the talented staff in Trading and Markets,” McNamara said.

McNamara began work in the public sector at the Department Of Justice, where he worked for 10 years in budget formulation and human resource management.

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