Securities Examiner Senior
State of Nebraska

Job Info

---

The work we do matters!

Hiring Agency:
Banking and Finance - Agency 19

Location:
Lincoln, NE

Hiring Rate:
$28.920

Job Posting:
JR2024-00009497 Securities Examiner Senior (Open)

Applications No Longer Accepted On (If no date is displayed, job is posted as open until closed):

Job Description:
Investigate possible violations of the Securities Act of Nebraska by gathering and analyzing evidence for suspected violations and recommend enforcement action. Draft enforcement orders. Prepare reports, schedules, summaries and any other required documentation on examination findings to present to the Assistant Director for review. Conduct special projects assigned by the Director, General Counsel and Assistant Director. Investigate complaints against Investment Advisers and Broker-Dealers. Analyze evidence and make recommendations.

This position can be underfilled as a Securities Examiner, with the potential of becoming a Securities Examiner Senior. Must complete required minimum qualifications for a Securities Examiner Senior within the first year of employment. Should these requirements not be met, work status and requirements will be assessed at that time. Starting pay for Securities Examiner is $23.278 per hour. Securities Examiner Senior starting pay is $28.920 per hour.

Job duties

Securities Examiner Senior: Performs routine, sweep, and focused examinations of investment advisers and broker-dealers registered with the State of Nebraska. Analyzes financial records, client investment accounts, compliance programs, books and records, and practices for compliance with the Securities Act of Nebraska and applicable rules. Conducts exit interviews with directors, management, and/or compliance personnel and provides specific written reports and verbal recommendations. Prepares written reports detailing examination findings and best practices, recommend corrective action to address deficiencies, and counsel firms on compliance. Makes recommendations about and participates in related enforcement action, including representing the Department as subject matter or evidentiary witness, if necessary. Conducts "for cause" exams of investment advisers and broker-dealers in response to consumer allegations of fraud, conversion of assets, theft, and sales practice violations. Assists Deputy Director-Securities Bureau in establishing examination policies and procedures, assessing firm risk, setting exam schedules, identifying industry trends and issues, and other duties as assigned. Occasional travel is required, including some overnight travel. Securities Examiner: Participates in the routine examinations of small to mid-sized investment advisers and broker-dealers registered with the State of Nebraska. Analyzes financial records, client investment accounts, compliance programs, books and records, and practices for compliance with the Securities Act of Nebraska and applicable rules. Prepares exit interviews with directors, management, and/or compliance personnel and provides specific written reports and verbal recommendations. Prepares written reports detailing examination findings and best practices, recommend corrective action to address deficiencies, and counsel firms on compliance. Makes recommendations about and participates in related enforcement action, including representing the Department as subject matter or evidentiary witness, if necessary. Other duties as assigned. Occasional travel is required, including some overnight travel.

Requirements/Qualifications

Minimum Qualifications:

Securities Examiner:Bachelor's Degree from an accredited college or university in a business-related field (accounting, business administration, business law, economics, finance, etc.), including at least six hours in accounting.

Securities Examiner Senior: Bachelor's Degree from an accredited college or university in a business-related field (accounting, business administration, business law, economics, finance, etc.), including at least six hours in accounting. And, at least one year of examination, audit, compliance, or investigative experience.

Preferred Qualifications: Securities background preferred. Law degree or advanced degree in business, finance, or accounting is preferred but not required.

Other: This position will be able to be under filled at a Securities Examiner for up to one year. Valid driver's license and evidence of vehicle insurance, or the ability to provide independent authorized transportation. Must be willing and able to travel overnight approximately 5% of the time. Ability to lift up to 25 pounds. Completion of fingerprinting.

Knowledge, Skills and Abilities

Knowledge of: the commercial law and general economic conditions; overall management and operations of the institutions examined; systems, procedures, and policies of management; administration of an examination, to include procedures, methods and reporting requirements. Ability to: accurately analyze financial and non-financial information and come to logical conclusions; interpret applicable state and federal laws, rules, regulations, policies, and industry guidelines; conduct exit interviews with management; read and understand charters and bylaws; determine compliance with laws, rules and regulations; evaluate overall operations including corporate structure, systems and procedures, policies of management, management effectiveness and various legal and technical problems as revealed by the examination; train, supervise and evaluate subordinate staff; present comments, opinions and factual information clearly and concisely; determine potential risks; and plan/organize time and resources in an effective manner. Securities Examiner: Knowledge of: the industry, applicable state and federal laws, rules, regulations, and policies; industry guidelines; theory and practice of higher accounting, examining and industry principles; commercial law and general economic conditions; overall management and operations of the institutions examined; systems, procedures, and policies of management. Ability to: examine expense vouchers and disbursements; prepare trial balances; check internal controls; verify assets and liabilities; deal effectively with others including co-workers and industry officers and staff; communicate effectively, both orally and in writing; accurately analyze financial and non-financial information and come to logical conclusions; interpret applicable state and federal laws, rules, regulations, policies and industry guidelines; conduct exit interviews with management.


Benefits

We offer a comprehensive package of pay, benefits, paid time off, retirement and professional development opportunities to help you get the most out of your career and life. Your paycheck is just part of your total compensation.

Check out all that the State of Nebraska has to offer! Benefit eligibility may vary by position, agency and employment status. For more information on benefits, please visit: https://statejobs.nebraska.gov/index.html#benefits

Equal Opportunity Statement

The State of Nebraska values our teammates as well as a supportive environment that strives to promote diversity, inclusion, and belonging. We recruit, hire, train, and promote in all job classifications and at all levels without regard to race, color, religion, sex. age, national origin, disability, marital status or genetics.

Current employees of the State of Nebraska should NOT apply on this external career. Instead go to Workday and access the Jobs Hub - Internal Apply app from your home landing page.

---