Securities Examiner

State of Iowa•Des Moines - 50313 - Polk County, IA

5d•Hybrid

About The Position

This is a non-merit position. Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise. Candidates must follow the instructions in the "To Apply" section. The Iowa Insurance Division is recruiting for a Securities Examiner 1 in the Market Regulation Bureau. This crucial position will oversee the regulation of investment advisors and securities broker-dealer offices. It is dedicated to consumer protection by investigating and enforcing Iowa insurance and financial security statutes and regulations against unlawful, incompetent, or dishonest market conduct.

Requirements

Recent experience in financial security investigations, insurance investigations, regulatory compliance, financial crimes investigation, or a related enforcement field.
Strong understanding of securities, insurance and financial security principles, practices, and state regulatory requirements.
Ability to analyze complex business conduct.
Ability to interpret legal statutes.
Ability to conduct effective interviews.
Ability to prepare detailed, well-supported investigative reports.
Graduation from an accredited four-year college or university with a degree in insurance, accounting, actuarial science, risk management, finance, or business.
A total of four years of education and/or full-time experience, where thirty semester hours of accredited college or university course work in insurance, accounting, actuarial science, risk management, finance, or business equals one year of full-time experience in insurance industry examination, financial analysis, quality assurance, enterprise risk management, or corporate governance.

Nice To Haves

Travel, including overnight, out-of-state, and international travel, may be required for positions in this class.
Employees must arrange transportation to and from assigned work areas.

Responsibilities

Perform financial and market conduct examinations and data analysis related to various entities.
Initiate and lead thorough investigations into potential violations of state securities laws and regulations.
Conduct field and desk examinations of investment advisors and securities broker-dealer offices while maintaining compliance with FINRA and SEC standards.
Review, analyze and investigate consumer complaints, reports and inquiries to determine if unfair trade practices or securities law violations have occurred.
Perform accurate reporting and electronic record keeping for all assigned investigation and examination matters.
Participate in and document interviews and discussions with company personnel, licensed entities or individuals and policyholders.
Prepare and refer detailed fact-based investigative cases for administrative action for potential violations of securities laws.
Maintain compliance with FINRA and SEC standards.
Conduct risk-based insurance market conduct analysis and examinations consistent with the NAIC Market Regulation Handbook.