This announcement may be used to fill multiple vacancies.

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.

Check out our excellent benefits package!

Description of Job

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 preventing dishonest and unethical sales practices that harm Colorado investors. The work unit accomplishes this mission through the examination and licensing of securities professionals and ensuring compliance with securities laws. The 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 includes comment letters, recommendations for corrective action, and referrals to enforcement for revocation of license proceedings, or civil/criminal enforcement actions. The purpose of the 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 8535

The purpose of this position is to perform the tasks of an examiner-in-charge (EIC), who is assigned to support the chief examiner by becoming the Examination Section subject matter expert and develop and lead a training program for new field examiners. The position regularly interacts with stakeholders, including division management, staff members, applicants, licensees, and members of the public with respect to securities examinations and licensing. As an examiner-in charge, the position analyzes and makes recommendations to improve the examination processes, serves as a resource to other examiners who have complex examinations or examination questions, trains new examiners, and conducts examinations of licensees. Examinations include reviewing the books of records of licensed investment advisers and broker dealers analyzing databases, narrative disclosure documents, and all information gathered/submitted during an examination. The position answers inquiries from the public and the industry regarding the Colorado Securities Act, the Colorado Commodities Code, and the Colorado Municipal Bond Supervision Act; supports licensing examiners; and devotes more time and resources in shifting areas (i.e. examinations, licensing, registrations, etc.) as needed by the business and as directed by the chief examiner.

Duties include, but are not limited to:

• Collecting information and determining the proper guidance or direction to give internally and/or to the public;
• Reviewing various letters drafted by other Examiners before they are sent out to licensees;  
• Assisting other examiners with guidance on how to effectively navigate complex examinations or guidance on other issues facing examiners;       
• Training new examiners including on how to be effective and efficient with examination processes;
• Assisting the chief examiner with various projects that may include internal process improvements and assessment of effectiveness with current internal practices;
• Conducting examinations of books and records of licensees, including reviewing and analyzing financial statements, general ledgers, trade records, financial plans, supervisory procedures, cybersecurity policies, and other records that licensees are required to maintain;
• Requesting records, analyzing the records received, requesting additional information and/or records, and arriving at conclusions regarding whether the licensee's books and records are deficient in any aspect of securities laws and regulations;
• Providing support as a back-up to the lead licensing examiners who analyzes processes, approves, denies, or places limitations on licensing applicants (i.e. registered representatives, broker/dealers, investment advisers, investment adviser representatives, etc.);
• Providing support as a backup to the licensing examiners by reviewing and processing application materials submitted by broker-dealers, sales representatives, investment advisers, and investment adviser representatives who are seeking a securities license, and ensuring they meet rules and regulations; AND
• Providing support as a backup to the licensing examiners by sending written correspondence to gather information from the prospective licensees in order to better understand disclosed events or an application, in order to determine if it is appropriate to impose conditions upon the license, deny the application, or approve the application.

Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights

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 

• Eight (8) years of full-time professional* work experience in a government agency, finance industry, securities industry, securities firms, investment advisory, and/or broker-dealer firms, performing at least two (2) the following:  
  • 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;
  • Experience working with various customers such as securities broker-dealers, investment advisers, investment adviser representatives, and/or securities sales representatives.

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 finance, accounting, business administration, economics, statistics, mathematics, law, or a field of study related to the work assignment; AND
• Six (6) years of full-time professional* work experience in a government agency, finance industry, securities industry, securities firms, investment advisory, and/or broker-dealer firms, performing at least two (2) the following:  
  • 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;
  • Experience working with various customers such as securities broker-dealers, investment advisers, investment adviser representatives, and/or securities sales representatives.

OR

• Bachelor’s Degree and Experience: Graduation from an accredited college or university with a bachelor's degree in finance, accounting, business administration, economics, statistics, mathematics, law, or a field of study related to the work assignment; AND
• Four (4) years of full-time professional* work experience in a government agency, finance industry, securities industry, securities firms, investment advisory, and/or broker-dealer firms, performing at least two (2) the following:  
  • 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;
  • Experience working with various customers such as securities broker-dealers, investment advisers, investment adviser representatives, and/or securities sales representatives.

Document this experience in your application IN DETAIL, as your experience will not be inferred or assumed. Part-time experience will be prorated.

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 bachelor's degree requirement.

*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. 

Preferred Qualifications:

• Master’s degree in Business Administration or Juris Doctor;
• Certified Financial Planner (CFP), Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), or Certified Internal Auditor (CIA);
• Demonstrated professional* experience working in the Colorado Division of Securities, government agency, finance industry, securities industry, securities firms, investment advisory, and/or broker-dealer firms to ensure compliance with policies and procedures when conducting examinations and audits of financial institutions; 
• Demonstrated professional experience providing training or supervision to team members;
• Demonstrated professional* experience working in a high-stress, fast-paced, high-volume environment, and adapting to shifting priorities;
• Demonstrated ability to analyze documents for completeness, correctness, and/or compliance with securities laws, rules, policies, and procedures; 
• Demonstrated professional* experience conducting examinations or acting as a legal or compliance advisor in the area of broker-dealer, investment adviser, or financial institution examinations;
• Demonstrated professional* experience conducting on-site and desk examinations of securities firms, their personnel and affiliated entities to determine compliance with state securities laws, rules, and procedures; 
• Demonstrated professional* experience examining books and records of licensees to ensure compliance with the Colorado Securities Act, the Colorado Commodities Code, the Colorado Municipal Bond Supervision Act, and/or federal securities regulations; 
• Demonstrated professional* experience working with or knowledge of Colorado Revised Statutes, Colorado Division of Securities Rules and Regulations, Colorado Securities Act, the Colorado Commodities Code, the Colorado Municipal Bond Supervision Act, and/or federal securities regulations;
• Demonstrated professional* experience conducting fraud investigations in a financial setting.

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;
• Sound judgment and the confidence to make decisions on a routine basis;
• Interpersonal skills, including the ability to collaborate with various stakeholders;
• 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 time management in order to meet deadlines;
• Flexibility and ability to shift to the needs and circumstances of an examination, and ability to adapt to changing work assignments;
• Customer service, including the ability to diplomatically interact with difficult customers and maintain communication with stakeholders;
• Problem-solving skills, including the ability to identify potential problems and use internal guidance in order to find solutions to complex problems;
• Ability to conduct research and gather pertinent information;
• 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;
• Ability to travel independently, including work in-office, as required by business need and scheduled by the supervisor;
• Integrity and high ethical standards;
• Dependability, reliability, and self-motivated: Regular and consistent work attendance is pivotal, as this position serves a critical role in the business of the department; 
• 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;
• Proficiency in the use of PC software applications including Microsoft Office (Word, Excel, etc.), and Google Suite (Doc’s, Sheets, Slides, Calendar, 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, 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, including work in-office, as required by business need and scheduled by the supervisor.
• Applicants must possess and maintain a valid State of Colorado driver's license and the ability and willingness to travel independently. You must include your State of Colorado driver's license number on your application in order to be considered. Traveling is up to 10% of the time, including traveling overnight and staying out over weekends when required.
• Effective September 20, 2021, employees will be required to attest to and verify whether or not they are fully vaccinated for COVID-19. Employees who have not been fully vaccinated may be required to submit to serial testing in the future. Upon hire, new employees will have three (3) business days to provide attestation to their status with proof of vaccination. Vaccinated employees must provide proof of vaccination.
  • Note: Fully Vaccinated means two (2) weeks after a second dose in a two-dose series of the COVID-19 vaccine, such as the Pfizer or Moderna vaccine, or two (2) weeks after the single-dose vaccine, such as Johnson & Johnson’s Janssen vaccine, as defined by the most recent State of Colorado’s Public Health Order and current guidance issued by the Colorado Department of Public Health & Environment.

Supplemental Information

PLEASE READ - Required Application Materials

Interested individuals must submit the following online:

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 info@governmentjobs.com 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 DD214 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 believes that equity, diversity, and inclusion drive our success, and we encourage candidates from all identities, backgrounds, and abilities to apply. The State of Colorado is an equal opportunity employer committed to building inclusive, innovative work environments with employees who reflect our communities and enthusiastically serve them. Therefore, in all aspects of the employment process, we provide employment opportunities to all qualified applicants without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity or expression, pregnancy, medical condition related to pregnancy, creed, ancestry, national origin, marital status, genetic information, or military status (with preference given to military veterans), or any other protected status in accordance with applicable law.

ADAAA Accommodations: 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 dora_adacoordinator@state.co.us.

While a salary range is posted for this position, an eventual salary offer is determined by a comprehensive salary analysis, which considers multiple factors including but not limited to education and experience compared to others in the organization doing substantially similar work. 

Websitehttps://careers.colorado.gov/