The Financial Enterprises Examiner will be responsible for performing professional work of unusual difficulty in the examination and analysis of the conditions and overall operations of financial enterprises including conditions of credit, financial statements, internal controls, general operations and methods and trust operations.
The Financial Enterprises Examiner applies and interprets state and federal laws, rules and regulations; establishes priorities and scope of examination and analysis; writes a final report of examination; conducts exit reviews with management and directors; calculates enterprises overall rating; develops cases involving violations of laws by licensees, and testifies as the expert witness at administrative hearings.
The Financial Enterprises Examiner will work under close supervision of a higher-level examiner or supervisor examiner who assigns work. Work is frequently reviewed for accuracy and adherence to standards and guidelines.
The Financial Enterprises Examiner will also perform examinations of financial enterprises to ensure compliance with laws and regulations.
• Examining complex records, accounts, and portfolios of securities of licensees; Verifying that proper and lawful procedures are being followed, that securities are appropriate for licensee being examined, and that abusive practices are not taking place
• Writing detailed reports based on an examination, analysis, and evaluation of data pertaining to specific licensees in accordance with established policies and procedures. Conducting exit reviews to discuss the results of the examinations. Conducting field investigations relating to reported violations or irregularities in business or practice; interviewing complainants and others, examining evidence and recommending actions
• Reviewing financial documents and other data used by licensees and verifying that financial accounting controls and figures are in compliance with state and federal laws
• Examining department files and other data prior to examination of business records to determine the scope of examination needed
• Analyzing financial statements of licensees in order to make determinations on compliance with state laws and regulations
• Other duties as assigned as related to the position
• Generally Accepted Accounting Principles and examination procedures
• Software platforms relevant to financial services business operations
• Policies and procedures established for the work units
• Investigative techniques and reporting procedures
• Applying federal and state laws, rules and regulations as they pertain to licensee’s operations and activities
• Using investigative methods and techniques and maintaining chain of evidence
• Researching, analyzing and interpreting complex financial data
• Applying examining and accounting methods and techniques
• Interpreting complex laws, rules and regulations
• Work management and leadership
• Oral and written communications
• Mathematical calculations
• Interpersonal relationships
• Excellent oral and written communication skills to provide conclusions and work products to other examiners and financial licensee managers
• Interpersonal skills to work well in a team environment and to interact with staff and management at various financial institutions
• Be able to travel with overnight stays away from home base. Typical out of town travel can be up to 1/3 of the time
• Past experience and training in examination or investigative work related to Financial Enterprises
• Knowledge of accounting principles (Certified Public Accountant designation a plus)
• Knowledge of state and federal laws pertaining to Financial Services
• Employees who drive on state business are subject to driver’s license record checks, must maintain acceptable driving records and must complete any required driver training (see Arizona Administrative Code R2-10-207.12.)
• Employment is contingent on the selected applicant passing a background investigation and Fingerprint Clearance Card
• Requires possession of and ability to retain a current, valid state-issued driver’s license appropriate to the assignment
The State of Arizona offers a comprehensive benefits package to include:
• Optional employee benefits include short-term disability insurance, deferred compensation plans, and supplemental life insurance
• Life insurance and long-term disability insurance
• Vacation plus 10 paid holidays per year
• Health and dental insurance
• Retirement plan
• Sick leave
For a complete list of benefits provided by The State of Arizona, please visit our benefits page
• Positions in this classification participate in the Arizona State Retirement System (ASRS)
• Please note that enrollment eligibility will become effective after 27 weeks of employment
• If you have any questions please feel free to contact Shawn McConnell at firstname.lastname@example.org
ARIZONA MANAGEMENT SYSTEM (AMS)
All Arizona state employees operate within the Arizona Management System (AMS), an intentional, results-driven approach for doing the work of state government whereby every employee reflects on performance, reduces waste, and commits to continuous improvement with sustainable progress. Through AMS, every state employee seeks to understand customer needs, identify problems, improve processes, and measure results.
State employees are highly engaged, collaborative and embrace a culture of public service.
The State of Arizona is an Equal Employment Opportunity Employer.