The Office of Compliance Inspections and Examinations ("OCIE") administers the SEC's nationwide examination and inspection program for registered investment advisers, investment companies, broker-dealers, transfer agents, clearing agencies, self-regulatory organizations, and other entities registered with the SEC.
The Securities Compliance Examiner position is within the National Examination Program in the Philadelphia Regional Office located in Philadelphia, PA and is open to all US citizens.
Responsibilities
If selected, you will join a well-respected team of the National Examination Program in the Philadelphia Regional Office that is responsible for the examination of registered investment companies, investment advisers, broker-dealers, transfer agents, and municipal advisors.
Typical duties include:

Working 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.
Evaluating 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.
Executing 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 organization requirements.
Developing recommendations and reports, presenting and defending findings, and collaborating as required with legal staff.

 
Qualifications
All qualification requirements must be met by the closing date of this announcement.
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-12: Applicant must have at least one year of specialized experience equivalent to at least the GS/SK-11 level. Specialized experience includes the following:
Interpreting and applying the provisions of the Investment Advisers Act of 1940, the Investment Company Act of 1940, and/or the Securities Exchange Act of 1934 and related rules and regulations;
AND
Performing at least two of the following functions: (1) Participating in audits, examinations, investigations, or internal compliance reviews of securities-related financial institutions, such as investment advisers, investment companies, broker-dealers, clearing agencies, or transfer agents;(2) assisting with the review of procedures, practices, and records related to the issuance, distribution, and trading of securities; (3) performing investment analysis and/or management of securities; (4) assisting in the adoption, implementation, or testing of internal controls or internal risk management programs (such as cybersecurity risk management) of financial organizations; (5) engaging in securities trading, portfolio management, or investment management; or (6) engaging in back office support functions such as settlements, clearances, record maintenance, accounting, and IT services for securities-related financial institutions; AND
Preparing reports, memoranda, or other documents based on the activities described in choice 2 above;
AND
Identifying and analyzing compliance issues, such as issues with disclosure, record keeping, financial reporting, or prohibited activities; AND
Performing and facilitating interviews to gather operational data and information from employees and management.
 
SK-13: Applicant must have at least one year of specialized experience equivalent to at least the GS/SK-12 level. Specialized experience includes the following:
Interpreting and applying the provisions of the Investment Advisers Act of 1940, the Investment Company Act of 1940, and/or the Securities Exchange Act of 1934 and related rules and regulations; AND
Performing at least two of the following functions: (1) Examining, auditing investigating or performing internal compliance reviews of securities-related financial institutions such as investment advisers, investment companies, broker-dealers, clearing agencies, or transfer agents; (2) reviewing the procedures, practices, and records related to the issuance, distribution, and trading of securities; (3) performing investment analysis, and/or management of securities; (4) adopting, implementing, or testing of internal controls or internal risk management programs (such as cybersecurity risk management) of financial organizations; (5) engaging in securities trading, portfolio management, or investment management; or (6) engaging in back office support functions such as settlements, clearances, record maintenance, accounting, and IT services for securities-related organizations; AND
Analyzing and reporting on financial and other data gathered through any of the processes listed in choice 2 above using, for example, a relational database management system or through advanced skills with spreadsheets such as Microsoft Excel; AND
Developing recommendations and/or reports of findings to resolve issues based on the activities described in choice 2 above; AND
Identifying and analyzing compliance issues, such as issues with disclosure, record keeping, financial reporting, or prohibited activities; AND
Performing and facilitating interviews to gather operational data and information from employees and management.
 
Education
This job does not have an education qualification requirement.