Department of Professional & Financial Regulation (and Boards) - Office of Securities

Job Class Code: MA31
Grade: 31 (Confidential)
Salary: $68,432 - $93,184
Location: Gardiner, ME

Opening Date: May 19, 2023

Closing Date:  June 5, 2023

Are you suspicious of ads on the internet that promise high returns on risky investments and guarantee against any financial loss?  We are too.  These ads are always too good to be true, but that doesn’t stop con artists from trying to get Maine investors to send them their hard-earned money.  Come join the team at the Maine Office of Securities that helps protect Mainers from falling prey to investment scams like this.  Watch this short PSA to learn more about the important work we do at the Office of Securities to protect the people of Maine.

As a Public Service Manager II (“Director of Investigation and Enforcement”) within the Office of Securities, you will be responsible for overseeing and directing the work of a team of 5 investigators responsible for conducting investigations into possible violations of state securities laws. 

While no two days are the same, in this position you can expect to...

Direct Investigations

• Direct and oversee investigative/enforcement staff including providing guidance on investigative approaches, negotiation of resolutions, and drafting of relevant documents.
• Assure the efficient and timely investigation and resolution of complaints.
• Analyze evidence to identify patterns of spending, additional accounts, entities or individuals to subpoena and potential co-conspirators or witnesses.
• Provide expertise relating to complex and difficult financial investigations, including the development and preparation of investigative reports.
• Interpret statutes, rules and orders and conduct necessary research to analyze findings and recommend action.

Resolve Cases

• Draft administrative orders, consent agreements and other legal documents.
• Negotiate resolutions of matters with attorneys representing targets of investigations.

Participate on Senior Management Team

• Train and coach professional and support staff.
• Assist in the development and implementation of agency policies and procedures.
• Assist in the development and implementation of legislative and rulemaking initiatives.

Skills or knowledge required:

• Ability to research and analyze applicable agency and industry laws, rules, regulations, policies and procedures.
• Knowledge of investigative procedures and protocols.
• Ability to develop effective working relationships with outside agencies.
• Ability to engage in effective communication with staff, state officials and the public at large.

Minimum qualifications:

A combination of education, training and/or professional experience in securities regulation, financial services, accounting, investigations, or law which includes management or supervision experience. 

Preference will be given to those applicants:

 Preference will be given to those licensed to practice law in Maine and/or holding the designation of Certified Fraud Examiner.

Contact information:

Questions about this position should be directed to Judith Shaw at judith.m.shaw@maine.gov or 207-592-1645

judith.m.shaw@maine.gov

Application Instructions:

Interested applicants need to apply online by selecting the "Apply for this opening" button along with uploading a cover letter, current resume, and copies of any transcripts or certifications you wish to have considered while evaluating your application.  In order for us to properly determine if you meet the minimum qualifications for any posting, you must be sure your resume includes month and year for any experience listed along with the duties and responsibilities associated with each particular time period.  Any experience that was not full-time employment should be identified as such. 

If you require a paper application, please download and print one here https://www.maine.gov/bhr/state-jobs/application-process or contact our office at 207-623-6700.  Paper applications for this posting should be submitted along with cover letter and resume before the closing date to Security & Employment Service Center, 45 Commerce Drive, Augusta, ME  04330 or faxed to 207-287-2018.  Be sure title of the job you are applying for is included.  Applications cannot be accepted after the posting closing date.  

Benefits of working for the State of Maine:

No matter where you work across Maine state government, you find employees who embody our state motto—"Dirigo" or "I lead"—as they provide essential services to Mainers every day. We believe in supporting our workforce's health and wellbeing with a valuable total compensation package, including: 

• Work-Life Balance – Rest is essential. Take time for yourself using 13 paid holidays, 12 days of sick leave, and 3+ weeks of vacation leave annually. Vacation leave accrual increases with years of service, and overtime-exempt employees receive personal leave. 
• Health Insurance Coverage – The State of Maine pays 85%-100% of employee-only premiums ($10,150.80-$11,942.16 annual value), depending on salary. Use this chart to find the premium costs for you and your family, including the percentage of dependent coverage paid by the State.  
• Health Insurance Premium Credit – Participation decreases employee-only premiums by 5%. Visit the Office of Employee Health and Wellness for more information about program requirements. 
• Dental Insurance – The State of Maine pays 100% of employee-only dental premiums ($350.40 annual value). 
• Retirement Plan – The State of Maine contributes  17.96% of pay to the Maine Public Employees Retirement System (MainePERS), on behalf of the employee.  
• Gym Membership Reimbursement – Improve overall health with regular exercise and receive up to $40 per month to offset this expense. 
• Health and Dependent Care Flexible Spending Accounts – Set aside money pre-tax to help pay for out-of-pocket health care expenses and/or daycare expenses. 
• Public Service Student Loan Forgiveness – The State of Maine is a qualified employer for this federal program. For more information, visit the Federal Student Aid office. 
• Living Resources Program – Navigate challenging work and life situations with our employee assistance program. 
• Parental leave is one of the most important benefits for any working parent. All employees who are welcoming a child—including fathers and adoptive parents—receive four weeks of fully paid parental leave. Additional, unpaid leave may also be available, under the Family and Medical Leave Act.  
• Voluntary Deferred Compensation – Save additional pre-tax funds for retirement in a MaineSaves 457(b) account through payroll deductions. 
• Learn about additional wellness benefits for State employees from the Office of Employee Health and Wellness. 

There's a job and then there's purposeful, transformative work. Our aim is to create a workplace where you can learn, grow, and continuously refine your skills. Applicants demonstrate job requirements in differing ways, and we appreciate that many skills and backgrounds can make people successful in this role. As an Equal Opportunity employer, Maine State Government embraces a culture of respect and awareness. We are committed to creating a strong sense of belonging for all team members, and our process ensures an inclusive environment to applicants of all backgrounds including diverse race, color, sex, sexual orientation or gender identity, physical or mental disability, religion, age, ancestry, national origin, familial status or genetics. If you’re looking for a great next step, and want to feel good about what you do, we’d love to hear from you. Please note reasonable accommodations are provided to qualified individuals with disabilities upon request.

Thinking about applying?

Research shows that people from historically excluded communities tend to apply to jobs only when they check every box in the posting. If you’re currently reading this and hesitating to apply for that reason, we encourage you to go for it! Let us know how your lived experience and passion set you apart.