Report: Judd Gregg leading contender for $3 million job at Wall Street lobby

Former Sen. Judd Gregg (R-N.H.) is reportedly in the running to lead one of the biggest lobbying groups for Wall Street.

The former senator is the "leading candidate" to serve as chief executive officer and president of the Securities Industry and Financial Markets Association (SIFMA), according to Bloomberg.

A SIFMA spokesman told Bloomberg only that the search for a successor wasn't concluded.

Judd told The Hill he currently has no comment.

The group is looking to replace Tim Ryan, who left the organization for a job at JPMorgan Chase. Former Rep. Ken Bentsen (D-Texas) is serving as SIFMA’s acting president and CEO.

The head job at SIFMA, which represents the financial services industry, is among the most prestigious positions on K Street — and one of the highest paying.

Ryan earned $2.9 million in benefits in compensation in 2010, according to the group's tax form.

The Hill reported earlier this year that retired lawmakers were buzzing about the SIFMA position as they looked to start new careers after Congress. SIFMA told The Hill it was planning to hire an executive search firm as it hunted for a successor.

In addition to his time in the Senate, Gregg served as governor of New Hampshire. He is also a columnist for The Hill.

—This story was updated at 6:35 p.m.