Financial Investigator I

Description of Work ~RECRUITMENT RANGE: $54,197 – $65,000/NC16~ ~THIS IS A NON-SWORN FINANCIAL INVESTIGATOR POSITION~ ~READVERTISEMENT – PREVIOUS APPLICANTS NEED TO APPLY IN ORDER TO BE CONSIDERED~ The North Carolina Department of the Secretary of State is the heartbeat of the business community promoting economic growth and protecting the public from financial harm.
The Department works with business, banking and legal communities to strengthen our state's economy with a state-of-the-art system of reliable business and governmental records.
We also safeguard individuals and businesses against fraud.
The Financial Investigator Registration and Audit position is responsible for detection, investigation and enforcement activities relating to fraudulent and regulatory violations of the North Carolina Securities Act, Investment Advisers Act and Commodities Act (N .
C.
G.
S.
Chapters 78A, 78C, & 78D), collectively the Acts.
The Registration Section of the Division reviews proposed securities offerings and enforces compliance with state statutes and regulations governing these transactions and the registration of individuals and firms.
This position is primarily an auditing, compliance and registrar position, which will conduct books and records examinations of broker dealer and investment adviser firms to ensure compliance under the Acts; complete written reports of investigation and draft deficiency letters; conduct financial analysis and evaluation of accounting records and specialized transactional records; and review and examine applications for registration of securities broker-dealer firms, securities salesmen, investment advisers, and investment adviser representatives.
This position requires knowledge of financial accounting and auditing practices, and knowledge of and the ability to use investigative procedures and techniques, including interviews, obtaining and evaluating documentary evidence, preservation of evidence, and testimonial presentation of evidence before judicial tribunals.
The position will determine jurisdictional basis, conduct interviews, analyze data and documentary evidence from public sources or through legal process, perform financial analyses, and participate in sanctioning of violations.
This position may be eligible for an alternate worksite arrangement in accordance with the Secretary of State's Teleworking Policy but should permanently reside within 80 miles from the Securities Division's office in Raleigh, North Carolina.
The starting salary for a new hire for this position is limited to the recruitment range of $65,000.
Salary offers are based upon the candidate's education and experience related to the position, as well as departmental budget and equity considerations.
Knowledge, Skills and Abilities / Competencies Each applicant must possess the following skills and abilities and must be reflected in work experience: Considerable knowledge of financial accounting and auditing practices.
General knowledge of the regulatory system and practices applicable to the securities industry.
General knowledge of regulatory compliance processes for the provision of financial services.
Ability to examine registration applications and financial statements to determine compliance.
Ability to conduct routine and for-cause financial, compliance or securities related examinations and investigations.
Considerable knowledge of investigative examination processes and procedures.
General knowledge of and the ability to interpret and apply provisions of the Federal and North Carolina securities, investment adviser, and commodities laws and their related administrative regulations.
General knowledge of securities and commodities industries transactional accounting and operations procedures.
Ability to clearly communicate verbal and written information in order to facilitate books and records examinations and investigations.
Ability to develop and execute an investigative plan.
Ability to recommend action based upon acquired knowledge and information while maintaining confidentiality.
MANAGEMENT PREFERENCE: Management prefers applicants with experience in the finance, accounting or securities industry (securities broker-dealer or investment adviser), knowledge of securities regulations, and a strong attention to detail.
Broker-dealer, investment adviser, and banking compliance or operations professionals are encouraged to apply.
This is NOT a law enforcement position.
Minimum Education and Experience Requirements Some state job postings say you can qualify by an ‘equivalent combination of education and experience.
’ If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both.
See the Education and Experience Equivalency Guide for details.
Bachelor’s degree in accounting, finance, business administration or criminal justice from an appropriately accredited institution, with eighteen credit hours of accounting coursework and two years of experience in auditing and/or investigating tax, financial, or securities crimes; or equivalent combination of education and experience.
Please note: this is not a law enforcement position.
A valid North Carolina driver's license or ability to obtain one is required to operate a state vehicle.
SPECIAL NOTE: Applicants seeking to meet the Minimum Education and Experience Requirements using a combination of training and experience MUST include detailed information specifying experience, tasks, courses, and credit hours within the application.
Supplemental and Contact Information Applications that include "see attached" or rely solely on resumes instead of completing the formal application's education and work experience sections will be considered incomplete and ineligible for consideration for the vacancy.
Unless explicitly requested in the vacancy announcement (e.
g.
, transcripts, proof of licensure or certification), all attachments are considered optional and will not be reviewed during the initial screening to assess the applicant's eligibility for the vacancy.
Applicants seeking Veteran's Preference must attach a DD Form 214, Certificate of Release or Discharge from Active Duty, along with their application.
Applicants seeking National Guard Preference must attach a NGB 23A (RPAS) if currently serving as a member of the NC National Guard in good standing.
If you are a former member of the NC National Guard with a service tenure of at least 6 years and an honorable discharge, please attach either a DD256 or NGB 22.
The North Carolina Department of the Secretary of State is committed to Equal Opportunity Employment and employs the Merit-Based Recruitment and Selection Plan to fill positions subject to the State Human Resources Act with the most qualified candidates.
The actual salary will be determined based on relevant competencies, knowledge, skills, and abilities, as well as considerations for internal equity and budgetary considerations pertinent to the advertised position.
State Employees are encouraged to apply for positions of interest even if the salary grade is the same as, or lower than their current position.
The State of North Carolina offers health insurance, twelve paid holidays, one personal observance leave day, generous vacation and sick leave accrual, dental and vision coverage, and additional insurance options, along with retirement benefits.
Detailed information about our benefits can be found at NC OSHR: Benefits.
If you are having technical issues submitting your application, please call the NC Office of State Human Resources at 984-236-0800.
For further information, please contact: APRIL TIBBS, ASSISTANT HR DIRECTOR North Carolina Secretary of State Human Resources | Old Revenue Building 2 S.
Salisbury Street | Raleigh, NC 27601 Phone: (919) 814-5331 | Fax: (919) 814-5395 Email: atibbs@sosnc.
gov