- Salary
- $5k – $7k/mo
- Location
- Denver Metro, CO, CO, US
- Workplace
- Remote, Hybrid
- Department
- Finance
- Education
- PhD
- Source
- GovernmentJobs
Description
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Although this position will be designated under the department’s hybrid workplace program, it will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business need.
The salary range posted for this position is $5,203 - $6,760/monthly; although a salary range is listed, hiring salary will be set commensurate with the successful candidate's qualifications and in compliance with the Equal Pay for Equal Work Act
The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado.
Consumer protection is our mission.
DORA values and promotes diversity, supporting a workplace that is inclusive of people from different backgrounds and experiences; creating an environment that is reflective of our communities; promoting positive relationships; and putting forth unique perspectives to fulfill our mission.
Employer-sponsored RTD EcoPass, with offices located at Civic Center Plaza, above the RTD Civic Center station and just a few blocks from RTD light rail.
Extensive work-life programs such as flexible schedules, training and professional development opportunities on a wide variety of subjects, and more!
Employee wellness programs, including the Colorado State Employee Assistance Program (CSEAP), which provides free, confidential counseling services.
Bike-to-work programs, including access to storage lockers and bike racks.
Flexible retirement benefits, including a choice of the PERA Defined Benefit Plan or the PERA Defined Contribution Plan, plus optional 401K and 457 plans.
Medical and Dental Health Insurance for employees and optional coverage for their dependents.
Life Insurance for employees, and optional coverage for their dependents.
Paid Time Off, including 11 paid holidays.
Short- and long-term disability coverage.
Tuition assistance program.
The Division of Securities exists to protect investors and maintain confidence in the securities market, while avoiding unreasonable burdens on the marketplace by licensing securities professionals, enforcing securities law violations, and helping Coloradans become more informed investors. The Examination Section work unit serves as an early warning system for investors by ensuring that securities firms are complying with the law and to prevent dishonest and unethical sales practices. This work unit accomplishes this mission through the examination and licensing of securities professionals and ensuring compliance with the securities laws. This work unit conducts field and desk (remote) examinations, or audits, and off-site monitoring of broker dealers and investment advisers with the purpose of preventing and detecting unlawful behavior and ensuring compliance with industry standards and rules. The result of the audit can include comment letters, recommendations for corrective action, and referrals to Enforcement for revocation of license proceeding, or civil or criminal enforcement actions. The purpose of this work unit includes the licensure of securities broker-dealers, investment advisers, investment adviser representatives, and sales representatives as well as registering securities offerings and exemptions in Colorado.
Position: SLA 8542
The purpose of this position is to conduct field and desk examinations, which includes examining the books and records of licensees and to answer inquiries from the general public and the industry regarding Colorado Securities Act, the Colorado Commodity Code, and the Colorado Municipal Bond Supervision Act.
Duties include, but are not limited to:
- Preparing for each examination by performing analysis and due-diligence research tailored to the particular examinee;
- Conducting examinations of books and records of licensees that includes review and analysis of financial statements, general ledgers, and documents required by the Colorado Securities Act, rules under the Colorado Securities Act, and by federal regulations;
- Requesting records, analyzing the records received, requesting additional information, and arriving at conclusions regarding whether the licensee's books and records are deficient in any aspect of securities laws and regulations;
- Responding to questions from the public regarding broker-dealers, investment advisers, and general securities inquiries;
- Responding to questions regarding Colorado securities laws from the regulated industry and other federal, state, and self-regulatory securities agencies.
MINIMUM QUALIFICATIONS (MQs):
There are two ways to qualify for this position: 1) Experience OR 2) A Combination of Education and Experience
Option 1: Experience
- Five (5) years of professional* experience working in the securities or financial industry, and/or in a securities regulatory agency performing any one (1) of the following three (3) functions:
- Internal auditing, compliance, sales, operations, and/or trade support;
- Conducting examinations and/or audits of financial institutions;
- Examining financial records for accuracy, completeness, and compliance.
Option 2: A Combination of Education AND Experience
- Associate’s Degree and Experience: Graduation from an accredited college or university with an associate’s degree in accounting, banking, business, economics, finance, mathematics, statistics, or a closely-related field; and
- Three (3) years of professional* experience working in the securities or financial industry, and/or in a securities regulatory agency performing any one (1) of the following three (3) functions:
- Internal auditing, compliance, sales, operations, and/or trade support;
- Conducting examinations and/or audits of financial institutions;
- Examining financial records for accuracy, completeness, and compliance.
OR
- Bachelor’s Degree and Experience: Graduation from an accredited college or university with a bachelor’s degree in accounting, banking, business, economics, finance, mathematics, statistics, or a closely-related field; and
- One (1) year of professional* experience working in the securities or financial industry, and/or in a securities regulatory agency performing any one (1) of the following three (3) functions:
- Internal auditing, compliance, sales, operations, and/or trade support;
- Conducting examinations and/or audits of financial institutions;
- Examining financial records for accuracy, completeness, and compliance.
Document this experience in your application IN DETAIL, as your experience will not be inferred or assumed. Part time experience will be prorated.
*Professional work involves exercising discretion, analytical skill, judgment and personal accountability and responsibility for creating, developing, integrating, applying, and sharing an organized body of knowledge that characteristically is: uniquely acquired through an intense education or training regimen at a recognized college or university; equivalent to the curriculum requirements for a bachelor's or higher degree with major study in or pertinent to the specialized field; and continuously studied to explore, extend, and use additional discoveries, interpretations, and application and to improve data, materials, equipment, applications and methods.
SUBSTITUTIONS:
- Partial credit toward the degree requirement will be given for completed college/university coursework that did not result in a degree. A master's or doctorate degree from an accredited college or university in a field of study related to the work assignment will substitute for the required professional* work experience on a year-for-year basis.
PREFERRED QUALIFICATIONS:
- Certified Public Accountant (CPA) or Certified Fraud Examiner (CFE) or Certified Internal Auditor (CIA), AND/OR Certified Financial Planner (CFP);
- Experience working with and knowledge of the Colorado Securities Act, and federal and state financial institution regulations;
- Master’s degree or Juris Doctorate (J.D.);
- Experience conducting examinations or acting as a legal or compliance advisor in the area of broker-dealer, investment adviser, or financial institution examinations;
- Experience conducting on-site and desk examinations of securities firms, their personnel and affiliated entities to determine compliance with state securities laws, rules and regulations;
- Demonstrated experience working in the securities industry ensuring compliance with policies and procedures and/or experience working on a sales or trade desk;
- Demonstrated experience conducting fraud investigations in a financial setting;
- Experience explaining securities products or investments to customers;
- Experience working with various customers in the securities industry such as securities broker-dealers, investment advisers, and investment adviser representatives.
- Experience performing securities industry functions while holding an active FINRA (Financial Industry Regulatory Authority) Securities license.
Required Competencies: The following knowledge, skills, abilities, and personal characteristics are required competencies and may be considered during the selection process (including examination and/or interview):
- Demonstrated written communication skills, including the ability to convey information to various stakeholders in a clear, accurate, and concise written manner;
- Demonstrated verbal communication skills, including the ability to effectively convey information to audiences in a concise manner;
- Demonstrated attention to detail;
- Demonstrated critical thinking and analytical skills, including having the ability to evaluate information in order to apply knowledge and to decide on the most appropriate course of action;
- Demonstrated prioritization skills, including planning, organizing tasks, and managing work assignments;
- Demonstrated time management skills, including the ability to multi-task to effectively manage competing and constantly changing priorities in order to meet tight deadlines;
- Demonstrated ability to understand and abide by workplace principles, practices and behaviors as internally identified and defined by the division and department;
- Demonstrated ability to read, understand, interpret, apply, and explain laws, rules, policies, and procedures;
- Sound judgment and the confidence to make decisions on a routine basis;
- Ability to travel independently, including work in-office, as required by business needs and scheduled by the supervisor;
- Integrity and high ethical standards;
- Accountability, reliability, including attendance;
- Demonstrated ability to inform and collaborate with stakeholders who may hold competing interests, and if and when necessary be able to bring them into compliance with established laws;
- Leadership skills, including the ability to lead and manage a team, as well as disseminate work;
- Ability to identify issues in team performance and have tough conversations as necessary;
- Comfortability in engaging in public speaking, including demonstrating expertise in front of authorities;
- Ability to maintain confidential, controversial, or sensitive information;
- Self-starter, including the ability to work independently, learn new processes, utilize own knowledge and that of supervisor, and complete work with minimal supervision;
- Demonstrated professional demeanor;
- Knowledge and understanding in the use of PC software applications including Microsoft Office (Access, Word, Excel, etc.), and Google Suite (Doc’s, Sheets, Slides, etc).
Conditions of Employment: Candidates who fail to meet the conditions of employment will be removed from consideration.
- The successful passing of a reference check and/or, if required, a background check.
- A reference check may include but is not limited to: contacting previous and current supervisors to verify employment and discuss performance, a review of the personnel file, a review of the performance record, a review of job-related public information, etc.
- The type of background check depends on the job duties of the position, and can include a review of any criminal record, credit report, and/or driving record.
- Ability to travel independently up to 10% of the time, including work in-office, as required by business need and scheduled by the supervisor.
1. A completed State of Colorado Application (log-in to your current NeoGov account or create a NeoGov account to complete the online application). Note: Incomplete applications, including incomplete work history sections or "see résumé," "see attachment," or "see addendum" statements, will not be accepted in lieu of a completed application form.
2. A current email address on your application, as all communication pertaining to this position will be conducted via email. Please set up your email to accept messages from [email protected] and '@state.co.us' addresses, and check your email often. Note: The department cannot guarantee the successful delivery of email, including incorrect filtering into junk mail folders.
3. A detailed cover letter, explaining how you meet the required competencies and how your accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make you a good fit for this position; you may also attach additional documents that demonstrate this.
Comparative Analysis Process: Structured Application Review
Part of, if not the entire, comparative analysis process for this position will involve a review of the information you submit in your application materials; Therefore, it is paramount that in the experience portion of your application and cover letter, you describe the extent to which you possess the education, experience, and competencies outlined in the job announcement as well as the required and/or preferred qualifications/competencies. You are also encouraged to attach additional documents to that effect. Failure to include adequate information or follow instructions may affect your score and prevent you from competing in subsequent measures used to arrive at a top group of applicants.
Veterans' Preference: Candidates who wish to assert Veterans' Preference should attach a copy of their DD-214 to their application. Failure to do so will result in being denied Veterans Preference.
PLEASE NOTE: Former State Personnel System employees who were disciplinarily terminated or resigned in lieu of termination must disclose this information on the application. Colorado Revised Statutes require that all state employees be hired and promoted through competitive examination of merit and fitness. Failure to include the required information, failure to follow instructions, and/or failure to submit materials by the application deadline may result in your application not being considered for the position and may affect your score or inclusion in the final pool of qualified candidates.
The State of Colorado strives to create a Colorado for All by building and maintaining workplaces that value and respect all Coloradans through a commitment to equal opportunity and hiring based on merit and fitness.
The State is resolute in non-discriminatory practices in everything we do, including hiring, employment, and advancement opportunities.
DORA is committed to the full inclusion of all qualified individuals. As part of this commitment, our agency will assist individuals who have a disability with any reasonable
accommodation requests related to employment, including completing the application process, interviewing, completing any pre-employment testing, participating in the
employee selection process, and/or to perform essential job functions where the requested accommodation does not impose an undue hardship. If you have a disability and require reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to our ADAAA Coordinator, at [email protected].
APPEAL RIGHTS: If you receive notice that you have been eliminated from consideration for this position, you may file an appeal with the State Personnel Board or request a review by the State Personnel Director.
An appeal or review must be submitted on the official appeal form, signed by you or your representative. This form must be delivered to the State Personnel Board by email, US Mail, faxed or hand-delivered within ten (10) calendar days from your receipt of notice or acknowledgment of the department’s action.
For more information about the appeals process, the official appeal form, and how to deliver it to the State Personnel Board go to spb.colorado.gov or refer to 4 Colorado Code of Regulations (CCR) 801-1, State Personnel Board Rules and Personnel Director's Administrative Procedures, Chapter 8, Resolution of Appeals and Disputes, at spb.colorado.gov under Rules.