Securities Enforcement Auditor II

Illinois Secretary of State•Chicago, IL

13d•Onsite

About The Position

Performs difficult and complex financial and other reviews, regulatory compliance examinations for registered securities dealers, investment advisors and other entities selling securities mineral investment contracts, mineral deferred delivery contracts or rendering investment advise; reviews complex periodic and annual financial filings; advises the department of the results of these reviews and examinations and recommends action to be taken; provides assistance and advise to attorneys and investigators and testifies in administrative, civil and criminal proceedings; supervises and trains Auditor I’s and trainees.

Requirements

Requires knowledge, skill and mental development equivalent to completion of four years of college with advanced courses in accounting, business, bookkeeping, economics, business administration and two years of professional experience in accounting or a related field or any equivalent combination of training.
Requires working knowledge of the principles and concepts of accounting.
Requires ability to conduct complex reviews and examinations and to write reports on findings.
Requires the ability to examine books and records and to competently investigate complex industry practices.
Requires the ability to express ideas clearly and accurately, both orally and in writing.
Requires possession of a valid Illinois drivers’ license.
Requires proof of automobile liability insurance as required by State law.
Requires working knowledge of the Illinois Securities Law of 1953 and its attendant Rules and Regulations.
Requires the ability to supervise and train subordinate technical staff.
Requires willingness to travel extensively.

Responsibilities

Conducts complex financial and other reviews and examinations of registered dealers, investment advisors and other entities selling securities, mineral investment contracts, mineral deferred delivery contracts or rendering investment advise
Reviews department records to become familiar with the firm being reviewed or examined
Reviews firm's books and records to determine whether all records required by Illinois Securities Law or regulations adopted there under are current and in proper form
Evaluates firm's sales practices and interviews firm's personnel, as required
Supervises, assists and trains Auditor I’s and trainees; evaluates employee performance.
Prepares detailed and complex reports of review or examination findings and recommends departmental action based on these findings
Reviews and supervises reports of Securities Enforcement Auditor I's.
Assists in the development of and modification of the internal Securities Department Audit Program.
Provides assistance and advice to attorneys and investigators on difficult and complex matters
Reviews complex financial and other records of investigative subjects
Analyzes complex data and develops evidentiary conclusions
Advises on accepted accounting standards and techniques
Prepares detailed and complex written reports.
Supervises audit staff engaged in the above activities
Helps prepare budgetary projections and proposals subsequent to expenditure and assessment of program needs.
Conducts investigations of fraudulent activities by interviewing victims, witnesses and investigative subjects
Develops and analyzes Information
Prepares thorough, detailed and accurate written reports
Makes recommendations for administrative or judicial action in complex cases.
Travels extensively for audits, investigations and training often overnight and on short notice statewide and out-of-state.
Reviews firm's periodic net capital computations to determine whether proper methodology was employed in making the computation and whether the firm is complying with the net capital requirements, if required
Reviews complex periodic financial statements filed with the Department to determine compliance with the Illinois Securities Law.
Testifies in complex administrative, civil and criminal proceedings.
Performs other related duties as required or assigned.