SECURITIES SPECIAL INVESTIGATOR II4197A1 Pay Grade: 30 DEFINITION OF WORK Summary This is advanced securities investigation work. Work involves responsibility for investigating business entities or individuals and conducting field audits to ascertain facts and to gather evidence pertaining to allegations of illegal financial dealings or material non-compliance with federal and state securities laws, rules and regulations. Trains less experienced investigators and may act as a lead worker. Work also involves executing warrants, making arrests and testifying in court. Standard Classification Factors Supervision Received - LEVEL C: "Under direction..." Employees at this level usually receive a general outline of the work to be performed and are generally free to develop their own sequences and methods within the scope of established policies. New, unusual, or complex work situations are almost always referred to a superior for advice. Work is periodically checked for progress and conformance to established policies and requirements. Difficulty - LEVEL D: Unusual... The type of position which requires the exercise of unusual managerial, administrative, or scientific skill often involving several unrelated activities, frequent decisions, meeting of deadlines, negotiations with other high level functionaries, and planning, organizing, developing and coordinating large scale work projects requiring an unusual amount of concentration and analytic ability or unusually difficult engineering or scientific research or development or both. Complexity - LEVEL D: Work is of a diversified nature that usually involves multiple, unrelated steps. Analytical thought is necessary for dealing with complex data and situations. Work often involves a variety of unrelated processes and may require planning or carrying out a sequence of actions or both. Several alternatives usually exist at this level for approaching problems or situations. Workers at this level exercise a considerable amount of independent judgment. Work is controlled by occasional review and by reporting to or consultation with supervisors or superiors. When guidelines exist at this level, they are usually broadly defined or technical requiring careful analysis and interpretation. Consequences of Actions and Decisions - LEVEL D: Consequences of actions or decisions at this level are significant as the work may be rarely if ever reviewed, making errors difficult to detect. Errors may cause major program failure or a high degree of confusion. Injuries to others due to errors are serious or incapacitating or both and costs due to errors are substantial. Contacts - LEVEL D: The purpose of the contact is to justify, defend, negotiate, persuade or interrogate to settle matters, maintain good will, gain cooperation or reach compromises when the information is controversial or the individuals or groups have strong differences of opinions or diverse viewpoints. Extensive use of communication techniques and well developed communication skills are required for dealing with others. Physical Demands - LEVEL A: The work is predominantly sedentary and requires minimal or negligible physical exertion. The employee is normally seated; however, the nature of the work allows for periods of standing or walking at will. Environmental Conditions - LEVEL C: The work environment involves hazards, risks or discomforts typical of working with or around machinery with exposed moving parts, irritant chemicals, heavy equipment or abusive or hostile clientele and patients. Exposure to disagreeable weather conditions and extreme levels of temperature, ventilation, lighting and sound are normal. Protective clothing or gear and specific safety standards or procedures may be required. Serious injury is possible. Supervision/Leadership - LEVEL B: Involves functional leadership responsibility. As a "senior worker", performing essentially the same or similar work as those overseen, responsibility includes training, instructing, scheduling and reviewing. As a "project leader" may be responsible for a phase(s) of a single project which includes planning, coordinating and reviewing the work of others. This level may also involve limited administrative responsibility such as participating in the evaluation of work performance. Distinguishing Features Differs from Securities Special Investigator I which is beginning level work in field investigation of securities compliance. Differs from Securities Special Investigator III which is supervisory work in field investigation of securities compliance. Conducts complex investigations of alleged illegal conduct or material non-compliance with federal and state securities laws, rules and regulations. Acts as a lead worker and makes work assignments to section's employees; reviews and assists in evaluating employee performance and work product. Analyzes a variety of records to determine operational and financial condition of an entity, including business plans, use of investment capital proceeds, and disclosure of material information. Examines securities brokers-dealers to audit compliance in the areas of sales practices, supervision, financial and operations procedures, due diligence practices, books and records. Identifies, contacts and interviews victims, witnesses and principles, takes statements from witnesses, complainants and affected persons or their representatives. Gathers and organizes evidence to prove or disprove an allegation or claim. Prepares reports of the facts found during an investigation; and prepares a case for presentation to a superior, or at hearings, or in court. Prepares audit workpapers and other financial summaries for presentation at case reviews, administrative hearings, or court proceedings. Prepares and serves orders of subpoenas, affidavits, and warrants. REQUIRED KNOWLEDGE ABILITIES AND SKILLS Knowledge *Knowledge of principles and practices of accounting. *Knowledge of principles and techniques of financial investigations. Knowledge of federal and Kansas criminal law and procedures, securities laws and regulations, land sale and loan broker laws. *Knowledge of criminal investigation techniques and procedures. Knowledge of financial markets and investment products. Knowledge of business practices and records maintained by registered securities broker-dealers and investment advisers. Knowledge of ethical standards for registered securities broker-dealers and investment advisers. Abilities *Ability to establish and maintain effective relationships with public officials, private industry officials, and the public. *Ability to direct and evaluate complex financial investigations for criminal civil, or administrative prosecution. Ability to detect and explain unusual situations or departures from securities industry trade. *Ability to interview or interrogate others to elicit pertinent information. *Ability to evaluate the relative importance of all information received. *Ability to organize and clearly express information in concise written form. *Ability to operate firearms. *Ability to remain calm under stressful conditions. Ability to apply the force necessary to effect an arrest. Ability to resolve financial investigations and auditing problems and to recommend changes in investigative procedures. *Necessary at Entry MINIMUM REQUIREMENTS: Bachelor’s degree in criminal justice, accounting, business administration, or in a closely related field of study and five of years of experience in complex securities regulatory work. Additional experience in the areas listed above may be substituted for the required education as determined relevant by the agency. Necessary Special Requirements: NC: 06/94 |