This position is responsible for the daily operation and administration of the Division of Securities Licensing, Compliance Inspections and Examinations section. The section is responsible for the licensing, compliance inspections and examinations on all of the regulated industry groups, including broker-dealers and investment advisers, investigation of consumer complaints regarding investment advisers and broker-dealers, approval of investment adviser and broker-dealer initial applications and licensing enforcement action based on information obtained through the licensing process.

Some of What You Will Do:

• This position is responsible for the supervision of the Licensing, Compliance Inspections and Examination unit of the Division and the coordination of regulatory activities with the enforcement, and registration, units.
• Acts on behalf of the Director of Securities in his or her absence.
• Manages Compliance Inspections and Examinations Unit. Coordinates and directs joint compliance inspections, examinations and licensing enforcement actions with other department units and other state or federal agencies.
• Conducts a final review of examination reports, licensing application and enforcement, and other unit generated work assignments.
• Final review of investment adviser and broker-dealer licensing applications and financial statements.
• Supervision of complaints received against broker-dealers and investment advisers, coordinating examiner investigation and determining appropriate resolution, including referrals to the enforcement unit.
• Develops regulatory responses to Investment Advisers and Broker-dealers in the form of policy statements and interpretive statements and guidance.
• Handles regulatory, supervisory, and legislative inquiries from regulated entities, other stakeholders, and the general public.
• Develops and reviews policy and procedural changes in the Division and Agency.
• Participates in the development, implementation, and monitoring of strategic business plans and budget.
• Maintains knowledge of regulatory pronouncements, legislative changes, examination processes, enforcement trends and industry practices.
• Participates in the development and assistance of public education, outreach, and victim support projects. Develops and coordinates special projects for the division.
• Participates in the development of proposed legislation and rules, and formulation of high-level policies impacting the state’s securities and investment industry.
• Participates in the agency Program Manager meetings for resolution of administrative, policy, and divisional and cross-divisional issues.
• Plans, leads, organizes and controls the work performed by the organization.
• Assures appropriate and optimum use of the organization’s resources and enhance the effectiveness of employees through timely appraisal and professional development opportunities.
• Supports effective communications throughout the organization.
• Maintains the highest standards of personal/professional and ethical conduct and supports the State’s goals for a diverse workforce.

Desired Qualifications:

• Bachelor's in a related discipline - Business, Accounting, Economics or Finance.
• Strong management and leadership skills.
• High level advocacy and mediation experience.
• Expert knowledge of securities laws and related consumer protection laws and regulation.
• Development of regulatory policy and administrative rules based on knowledge of industry practice and examination findings.
• Comprehension, interpretation and influence of financial industry trends and business practices.
• Experience working collaboratively with peers and subordinates to comply with OFM Budget instructions in developing and managing divisional budget.
• Developing and implementing short and long-term goals to achieve measurable business results.

Official Work Station:
The Division of Securities Enforcement Unit currently employs a hybrid work schedule (two days in office, three days telework). Your official work station will be defined as the Tumwater Headquarters Office.

• Cover Letter
• Resume
• Three professional references* (provide contact name, phone number, email address, company name, and job title)

• A professional reference is someone who has been paid to supervise your work and can attest to your work performance, technical skills, and job competencies. If you do not have sufficient professional references, please include non-professional references, such as educators or other professional associates.