RIMS Career Center

Position: Securities Compliance Examiner

Open and Close Dates: 04/28/2023 to 05/12/2023

Location: Chicago, IL, Denver, CO, Miami, FL, New York, NY, and Washington, DC

Salary: $96,636 - $213,547 per year

Application link: https://www.usajobs.gov/job/722671300

Summary

The Broker-Dealer and Exchange Examination Program within the Division of Examinations is hiring multiple positions in the following locations: Chicago, IL, Denver, CO, Miami, FL, New York, NY, and Washington, DC.

Conditions of Employment

CITIZENSHIP: This position is open to US Citizens.

Typical duties include:

If selected, you will join a team in the Division of Examinations responsible for conducting examinations of broker-dealers, national securities exchanges, transfer agents, municipal advisors, the Public Company Accounting Oversight Board and the Securities Investor Protection Corporation.

• Working as a member of a team of examiners with various levels of experience and professional backgrounds to conduct examinations of securities-related financial institutions registered with the SEC such as investment companies, investment advisers, broker-dealers, transfer agents, and municipal advisors.
• Evaluating possible risks to investors and the financial markets of registered securities-related financial institutions' business models and practices based on review and analysis, through modern quantitative techniques when possible, of information reported by the institutions to the SEC and other internal and external data sources.
• Executing risk-based examination plans, which frequently involves: (i) analyzing a financial institution's operations and procedures, sales practices, supervisory systems, books and records, and financial statements, (ii) reviewing investigatory complaints, (iii) investigating new financial products, (iv) examining specialized securities, (v) interviewing principals of registrants, and/or (vi) analyzing performance calculations to assess the level of compliance with federal securities laws and/or self-regulatory requirements.
• Developing recommendations and reports, presenting and defending findings, and collaborating as required with legal staff.

Qualifications

MINIMUM QUALIFICATION REQUIREMENT: Applicants must also meet the minimum qualification requirement.

SK-12: Applicant must have at least one year of specialized experience equivalent to the GS/SK-11 level. Specialized experience includes performing at least two of the following functions: 1) Participating in examinations, investigations, audits or internal compliance reviews of securities-related financial institutions such as broker-dealers, municipal advisors, national securities exchanges, transfer agents, investment advisers, investment companies, or clearing agencies; 2) Assisting in the adoption, implementation, review or testing of internal controls or internal risk management programs (such as operational or enterprise risk management); 3) Analyzing financial, operational, or securities industry data; 4) Assisting with the review of procedures, practices, or records related to the issuance, distribution, and/or trading of securities; 5) Engaging in securities trading, portfolio management, or investment management or performing investment analysis or management of securities; OR 6) Interpreting and applying the provisions of the Investment Advisers Act and/or the Investment Company Act, Securities Act of 1933, Securities Exchange Act of 1934 and any related rules and regulations and/or other federal securities rules.

SK-13: Applicant must have at least one year of specialized experience equivalent to the GS/SK-12 level. Specialized experience includes performing at least three of the following functions: 1) Performing examinations, investigations, audits or internal compliance reviews of securities-related financial institutions such as broker-dealers, municipal advisors, national securities exchanges, transfer agents, investment advisers, investment companies, or clearing agencies; 2) Developing and implementing assessments of internal controls or internal risk management programs (such as enterprise or operational risk management); 3) Analyzing financial, operational, or securities industry data using a relational database management system (e.g. SQL, Oracle) or through advanced skills with spreadsheets such as Microsoft Excel; 4) Performing reviews of procedures, practices, or records related to the issuance, distribution, and/or trading of securities; 5) Engaging in securities trading, portfolio management, or investment management or performing investment analysis, or management of securities; OR 6) Interpreting and applying the provisions of the Investment Advisers Act and/or the Investment Company Act, Securities Act of 1933, Securities Exchange Act of 1934 and any related rules and regulations and/or other federal securities rules.

Education

ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

PASS/FAIL COURSES: If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

All qualification and applications instructions are located here: https://www.usajobs.gov/job/722671300