Office of the Illinois Secretary of State
Alexi Giannoulias

Job Title: Securities Enforcement Auditor II
Division: Audit and Compliance
Union: IFT
Location: 69 W Washington St, Chicago – Cook County
Salary: $4,849 to $9,298 monthly – commensurate with experience
Benefits: https://cms.illinois.gov/benefits/stateemployee.html

Overview:

Performs difficult and complex financial and other reviews, regulatory compliance examinations for registered securities dealers, investment advisors and other entities selling securities mineral investment contracts, mineral deferred delivery contracts or rendering investment advise; reviews complex periodic and annual financial filings; advises the department of the results of these reviews and examinations and recommends action to be taken; provides assistance and advise to attorneys and investigators and testifies in administrative, civil and criminal proceedings; supervises and trains Auditor I’s and trainees.

Duties and Responsibilities:

• Conducts complex financial and other reviews and examinations of registered dealers, investment advisors and other entities selling securities, mineral investment contracts, mineral deferred delivery contracts or rendering investment advise; reviews department records to become familiar with the firm being reviewed or examined; reviews firm's books and records to determine whether all records required by Illinois Securities Law or regulations adopted there under are current and in proper form; evaluates firm's sales practices and interviews firm's personnel, as required; supervises, assists and trains Auditor I’s and trainees; evaluates employee performance.
• Prepares detailed and complex reports of review or examination findings and recommends departmental action based on these findings; reviews and supervises reports of Securities Enforcement Auditor I's. Assists in the development of and modification of the internal Securities Department Audit Program.
• Provides assistance and advice to attorneys and investigators on difficult and complex matters; reviews complex financial and other records of investigative subjects; analyzes complex data and develops evidentiary conclusions; advises on accepted accounting standards and techniques; prepares detailed and complex written reports. Supervises audit staff engaged in the above activities; helps prepare budgetary projections and proposals subsequent to expenditure and assessment of program needs.
• Conducts investigations of fraudulent activities by interviewing victims, witnesses and investigative subjects; develops and analyzes Information; prepares thorough, detailed and accurate written reports; makes recommendations for administrative or judicial action in complex cases. Travels extensively for audits, investigations and training often overnight and on short notice statewide and out-of-state.
• Reviews firm's periodic net capital computations to determine whether proper methodology was employed in making the computation and whether the firm is complying with the net capital requirements, if required; reviews complex periodic financial statements filed with the Department to determine compliance with the Illinois Securities Law.
• Testifies in complex administrative, civil and criminal proceedings.
• Performs other related duties as required or assigned.