Securities Compliance Technician-Part Time

The Montana State Auditor’s Office, Commissioner of Securities and Insurance (CSI) has an exciting opportunity available for a part-timeCompliance Technicianin the Securities Division*! *To learn more about the Agency, the Securities Division, and this position, please continue to read more. CSI Overview We are entrusted with protecting all Montanans from bad actors by regulating two of the state’s largest industries—securities and insurance. We strive to foster a thriving Montana industry marketplace through education, common-sense regulation, and equitable enforcement of the law with swift accountability for fraudsters and justice for their victims. Our Vision At the CSI, our vision is to safeguard Montana consumers by regulating the insurance and securities industries, investigating fraud, and prosecuting criminals. Our Mission Our Mission consists of the following: * Informing consumers and industry through education and outreach * Providing responsive and meaningful customer service. * Supporting Montana business by promoting industry innovation and removing unnecessary regulatory roadblocks and red tape. * Managing State Trust Lands with long-term goals of stewardship for the ongoing benefit of public education. Why Work with Us? * All of our positions with the agency are located in Helena, Montana. Montana is an all-around great place! We are centrally located in the heart of Helena and within walking distance of beautiful downtown. With countless outdoor opportunities, great schools, and a small-town atmosphere, Helena is an excellent place to live. You can also learn more about moving to and living in Helena, Montana here. The Montana State Auditor’s Office is an equal opportunity employer. About this Opportunity The Securities Act of Montana (Act) is designed to protect investors and persons engaged in securities transactions. Additionally, the Act requires the Securities Division to encourage, promote, and facilitate Montana investment opportunities while promoting uniformity among the states. Together, these three tasks—/investor protection, capital formation, and uniformity/—guide our processes and policies. The Securities Division accomplishes this by ensuring all persons and offerings are registered with the agency (or have a valid exemption for not registering), conducting examinations of our registered entities, investigating allegations of wrongdoing, and promoting outreach to Montana citizens. The Securities Division works to protect investors and maintain public confidence in the securities markets by providing education and outreach to consumers, the public, and regulated entities. This Securities Division is also responsible for providing consumers and the public with education regarding financial literacy and fraud prevention, tailored to meet the specific needs of each audience. The Division develops, maintains, and administers a statewide public affairs program for the Commissioner of Securities and Insurance, and contributes to the national investor education and outreach efforts in connection with the North American Securities Association (NASAA). The Securities Compliance Technician serves this mission by performing compliance and application review functions for the Securities Division which include the following: * Reviews salesperson, investment adviser representatives, broker-dealer firms, and multi-level marketing company applications and amendments to such applications to ensure compliance with the Montana Securities Act. * Assists the Deputy Securities Commissioner in investor outreach, capital formation outreach, and financial literacy efforts. * Ensures accurate information is provided in accordance with governing laws and policies. Previous securities industry experience is not required. The responsibilities include but are not limited to: * Receives and reviews initial and amendments of Form U-4s (Uniform Application for Securities Industry Registration or Transfer) and Form U-5s (Uniform Termination Notice for Securities Industry Registration). * Makes registration and termination decisions based on a review of the form and supporting information provided to protect investors and ensure the representative is and/or has complied with the Montana Securities Act. * Seeks additional information from salesperson and investment adviser representatives’ firm’s Compliance Officer to determine the materiality of the disclosure item(s). * Reviews information received and makes licensing decisions including requests for withdrawal, proposal of a heightened supervision plan, referral to Legal Bureau for legal action, or closing matter with no action. * Reviews initial disclosures and amendments of broker-dealer firm’s Forms BD and BDW to protect investors and ensure the firm’s operations in Montana are in the public’s interest. * Maintains an Electronic Filing Depository (EFD) with account information for both internally and with registrants of mutual funds and UITs, in addition to notice filings for Regulation D offerings. * Codes and reconciles funds. * Sends letters to late registrants requesting information on sales and commissions. * Coordinates with other states on complex filings that require a heightened level or multi-state review. * Serves as backup to paralegal on issuer application review and processing on an as needed basis. What can you offer us?Minimum Qualifications (Education and Experience): * Graduation from an accredited college or university with an associate's degree in business administration, accounting, or in a field of study related to the work assignment, or a bachelor’s degree in any field; and * Two (2) years professional work experience. Must be willing and able to learn the securities industry to include laws, rules and regulations. Other combinations of education and experience will be considered on a case-by-case basis. Preferred Qualifications: * Knowledge of the methods, practices, and terminology of regulation and industry practices; data and records management. * Knowledge of the Securities Act of Montana, the Montana Administrative Rules regarding the regulation of securities, the Securities and Exchange Acts of 1933 and 1940, the Investment Adviser’s Act of 1940 and the Financial Industry Regulatory Authority’s policies and rules. Knowledge, skills, and abilities in the following areas: * Ability to establish and maintain effective working relationships with other employees, the securities industry, and the public. * Excellent demonstrated written communication skills including the ability to relay complex and detailed information to various stakeholders in a clear and concise manner. * Strong proficiency in the use of PC software applications including Microsoft Office (Word, Excel, PowerPoint, Google Suite, etc.). * Ability to exam technical data and identify discrepancies with keen attention-to-detail in order to ensure accuracy, thoroughness, and consistency of all information to be communicated. How to apply?Special Instructions: If you feel you have the qualifications for this position and have an interest in providing meaningful and responsive customer service to the public and agency staff, while protecting Montana consumers, please submit all the following with your application materials: 1. Cover letter: Please see details below on what to include in your cover letter. 2. Resume 3. Transcripts may be required upon requestCover Letter: In your cover letter: * * Describe how your work experience and educational background relate to the requirements of this position, to include the knowledge, skills, and abilities outlined in this job posting. *Important Tip: When uploading and submitting your application materials, please make sure to mark your attachments as "relevant" or we will be unable to view your documents. Please Note: In order to be considered, all application materials (see items 1-3 above), must be submitted by no later than the closing date/time on this posting. CSI will invite a limited number of applicants to a minimum of one structured interview. Selectees are subject to successful reference, background, and fingerprint check. Those selected for an interview may be subject to taking a performance test prior to the interview. A minimum of three professional references will be required. Successful applicant(s) will be subject to criminal history background check. Only electronic materials will be accepted. If you need assistance or an accommodation, please contact Human Resources. Materials submitted but not requested will not be considered in the selection process. Applicants claiming employment preference are required to provide proper documentation, i.e., Veteran Preference (DD214), Disabled Veteran document from U.S. Veterans Administration certifying service-connected disability or purple heart medal, disabled (DPHHS Disability Certification), by the closing date. The State of Montana Careers system will generate an email with instructions on how to submit preference documents. The Montana State Auditor’s Office is an equal opportunity employer. If another department vacancy occurs in this job title within six months, the same applicant pool may be used for the selection. Title:Securities Compliance Technician-Part TimeLocation:HelenaRequisition ID:23141463