Senior Securities Examiner - Senior Compliance Examiner - Anticipated Vacancy

Location: Gardiner,Maine,United States

Department of Dept of Professional & Financial Reg (and Boards) - Office of Securities

Job Class Code: 0349
Grade: 24 (Professional & Technical)
Salary: $51,688 - $72,467
Location: Gardiner

Opening Date: July 29, 2024

Closing Date:  August 12, 2024

The Maine Office of Securities, an agency within the Department of Professional and Financial Regulation, protects Maine investors from fraudulent, deceptive and unethical practices in the securities and investment industry and promotes trustworthy and efficient capital markets.

The Senior Securities Examiner (“Senior Compliance Examiner”) works as part of the Examinations & Licensing team to ensure that financial firms and professionals serve Maine clients ethically, responsibly, and in compliance with applicable laws and regulations. The Senior Compliance Examiner serves as a frontline gatekeeper for the regulated industry by reviewing licensing applications and conducting examinations of licensed firms and individuals.

If you are detail-oriented, personable, a team player with strong writing and communication skills, and want to use your industry experience to benefit Maine investors, come join our team! 

Primary responsibilities include:  

• Conducting field and desk examinations of broker-dealers and investment advisers – including review of books and records, internal controls, client files, and correspondence – to ensure compliance with state law, rules and regulations.
• Preparing examination reports with findings and recommendations as well as supporting data, including analysis and preparation of financial statements.
• Testifying at hearings to explain examination findings.
• Reviewing license applications for investment advisers, broker-dealers and representatives, and making licensing recommendations.
• Communicating with securities firms and industry professionals to provide guidance and feedback on examination and licensing deficiencies.
• Recommending new or revised laws, rules, policies and procedures to respond to changes in industry practice and maintain appropriate investor protections.
• Assisting investigative staff with the review and analysis of financial and transactional information as needed to address consumer complaints and support enforcement activities. 

Skills or knowledge required:

• Experience, training or education in the securities or other financial services or accounting fields.
• Being able to learn, explain, and apply applicable laws, rules, and policies.
• Analyzing financial records and data.
• Reaching logical conclusions and making sound recommendations.
• Writing clear, effective and precise reports.
• Managing multiple tasks and priorities.
• Leading examinations and other team projects. 

Minimum qualifications:

A six (6) year combination of education, training, and/or experience in the securities or other financial services industry, securities or other financial services regulation, finance, law, accounting, or auditing.  Preference will be given to applicants with financial examination or securities industry experience.

Preference will be given to those applicants:

• Financial examination or securities industry experience.
• Strong working knowledge of Excel and comfort with Microsoft collaboration tools including Teams, SharePoint, and OneDrive.

Contact information:

Questions about this position should be directed to Cathy Williams, Director of Examinations & Licensing at Cathy.williams@maine.gov

Application Instructions:

Interested applicants need to apply online by selecting the "Apply for this opening" button along with uploading a cover letter, current resume, and copies of any transcripts or certifications you wish to have considered while evaluating your application.  In order for us to properly determine if you meet the minimum qualifications for any posting, you must be sure your resume includes month and year for any experience listed along with the duties and responsibilities associated with each particular time period.  Any experience that was not full-time employment should be identified as such. 

If you require a paper application, please download and print one here https://www.maine.gov/bhr/state-jobs/application-process or contact our office at 207-623-6700.  Paper