SECURITIES EXAMINER I

Position Summary

The Securities Examiner I assists in evaluating securities firms, broker-dealers, and investment advisers, non-depository mortgage companies and loan officers, and money services businesses in an attempt to ensure compliance with financial institution laws and regulations. This role involves supporting senior examiners by analyzing financial transactions, assessing operational practices, and identifying potential risks. The Securities Examiner I gains hands-on experience in financial institution regulation while contributing to the transparency and stability of financial markets.

Typical Functions Include:

• Assist in conducting licensing and/or examinations of securities firms, broker-dealers, and investment advisers, non-depository mortgage companies and loan officers, and money services businesses under the supervision of senior examiners.
• Review and analyze financial records, investment activities, and operational practices to identify abnormalities, irregularities, or areas of concern.
• Evaluate basic compliance with financial institution laws, regulations, and policies.
• Support the preparation of licensing and/or examination reports by summarizing findings and drafting sections of the report.
• Participate in meetings with firm representatives to discuss findings and gather additional information.
• Stay informed about changes in securities regulations and financial industry practices through training and research.
• Collaborate with team members to enhance licensing and/or examination processes and ensure accurate assessments.

Preferred Qualifications

• Minimum of 1-2 years of experience in the field of finance.
• A general understanding of financial principles and the securities, mortgage, and money services industries.
• Proficiency with data tools with advanced skills in Microsoft Excel.
• Knowledge of cryptocurrency and basic blockchain familiarity.
• Advanced understanding of Securities products.
• Ability to analyze financial statements and perform financial analysis of accounts.
• Regulatory knowledge and familiarity with Arkansas Securities Act.
• Ability to conduct research for investigative purposes.

Job Responsibilities and Expected Results

The State Securities Department, a division of the AR Department of Commerce, is responsible for protecting investors from fraud and preserving the integrity of capital markets in Arkansas. The ASD is responsible for the regulation of securities, non-depository mortgages, money services, state-chartered credit unions, and state-chartered savings and loan industries in Arkansas.

Job Summary

The Securities Examiner I assists in evaluating securities firms, broker-dealers, and investment advisers in an attempt to ensure compliance with securities laws and regulations. This role involves supporting senior examiners by analyzing financial transactions, assessing operational practices, and identifying potential risks. The Securities Examiner I gains hands-on experience in securities regulation while contributing to the transparency and stability of financial markets.

Primary Responsibilities

Assist in conducting examinations of securities firms, broker-dealers, and investment advisers under the supervision of senior examiners. Review and analyze financial records, investment activities, and operational practices to identify abnormalities, irregularities, or areas of concern. Evaluate basic compliance with securities laws, regulations, and policies. Support the preparation of examination reports by summarizing findings and drafting sections of the report. Participate in meetings with securities firm representatives to discuss findings and gather additional information. Stay informed about changes in securities regulations and financial industry practices through training and research. Collaborate with team members to enhance examination processes and ensure accurate assessments.

Knowledge and Skills

Strong analytical and problem-solving skills. Attention to detail and accuracy in reviewing financial data. Effective written and verbal communication skills for reporting findings. Willingness to learn and adapt in a regulatory environment. Ability to work both independently and as part of a team.

Minimum Qualifications

A bachelor’s degree in accounting, finance, economics, business administration, or a related field.

Coursework should include subjects such as accounting, financial markets, securities regulation, and investment analysis.

A general understanding of financial principles and the securities industry.

Licensure/Certifications

N/A