Securities Compliance Examiner, SEC
U.S. Securities and Exchange Commission
Location: Boston, MA
Open and Close Dates: 02/06/2023 to 02/20/2023
Salary: $132,834 - $225,043 per year
Summary
The Boston Regional Office within the Division of Examinations is filling one position for a Securities Compliance Examiner, SK-1831-14 located in Boston, MA.
Conditions of Employment
CITIZENSHIP: This position is open to US Citizens.
Typical duties include:
The Division of Examinations' mission is to protect investors, ensure market integrity and support responsible capital formation through risk-focused strategies that: (1) improve compliance; (2) prevent fraud; (3) monitor risk; and (4) inform policy. The results of the Division's examinations are used by the SEC to inform rule-making initiatives, identify and monitor risks, improve industry practices and pursue misconduct.
If selected, you will join a well-respected team in the Division of Examinations that is responsible for the nationwide examination and inspection program for investment companies, investment advisers, broker-dealers, transfer agents, and/or municipal advisors.
As a Securities Compliance Examiner, you will:
Work 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;
Evaluate 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;
Execute 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; and
Develop recommendations and reports, presenting and defending findings, and collaborating as required with legal staff.
Qualifications
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
MINIMUM QUALIFICATION REQUIREMENT:
SK-14: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 level:
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:
AND performing at least three of the following functions:
Leading examinations, investigations, audits or internal compliance reviews of securities-related financial institutions such as investment advisers, investment companies, or private funds;
Developing and implementing tests of internal controls or internal risk management programs (such as enterprise or operational risk management);
Analyzing data related to financial institutions or the securities industry to determine compliance with rules, regulations and applicable laws;
Developing recommendations and/or reports of findings to address and resolve issues relating to the private fund industry, financial institutions, or the securities industry;
Performing examinations, investigations, audits or internal reviews that involve analyzing investments in a hedge fund, private equity or other alternative investment product;
Engaging in securities trading, portfolio management, or investment management or performing investment analysis, or management of securities.
Education
This job does not have an education qualification requirement.
Additional information and the link to the application can be found here: https://www.usajobs.gov/job/704783500