Financial Examiner

Position: Financial Examiner 2-4

Providing Regulatory Oversight for Our State's Financial Service Providers
About Our Agency:

The Washington State Department of Financial Institutions (DFI) mission is to protect consumers and advance the financial health of Washington State by providing fair regulation of financial services and educating consumers to make informed financial decisions. Collectively and independently, the Department's nearly 250 employees within its 5 divisions - Administration, Banks, Consumer Services, Credit Unions, and Securities - work together to create a stronger economic future and secure financial environment for Washington's consumers and businesses alike.

DFI is self‑supporting, in that none of its operating revenues come from the state's general tax funds. Its operating revenues are paid by the organizations and individuals it regulates. To learn more about the Department of Financial Institutions, please visit (Use the "Apply for this Job" box below)..

We employ and serve diverse people of all backgrounds including people of color, women, LGBTQ+, people with disabilities, and veterans. This culture of respect promotes a professional and inclusive environment where maximizing potential through opportunity is achievable by everyone.

Benefits of Working for DFI:

• Medical, dental, retirement, and generous paid vacation, sick leave, and holidays.
• Healthy work‑life balance.
• Commitment to diversity, equity, and inclusion where every person is recognized and valued.
• Telecommuting up to three days per week and flexible work hours.
• Professional development and continuing education opportunities, including DFI’s in‑house CLE program and other training that ensures employees are successful.
• You may be eligible for Public Service Loan Forgiveness.

About the Division:

The Division of Securities is a dynamic, professional organization where you will experience a remarkable work‑life balance - 40 hour weeks with flexible schedules and a dedicated staff. If you are interested in a career with an agency whose primary mission is consumer protection, then the Securities Division is for you. The securities we regulate include cutting edge new products such as cryptocurrency and digital assets, as well as traditional investments such as stocks, bonds and mutual funds.

The Securities Division values diverse perspectives and life experiences. We offer a generous benefits package that includes defined benefit retirement plans, health, dental and vision coverage, and deferred compensation plans.

Additionally, we license and conduct examinations of the people that provide advice and sell these products and take action against those who violate the Securities Act. This includes bringing administrative, civil, and criminal enforcement cases against respondents.

The Licensing and Examination Unit in the Division of Securities is recruiting for a Financial Examiner, which may be filled at the 2, 3 or 4 level, depending on qualifications.
About the Position:

This Financial Examiner position supports the mission of the agency by reviewing initial licensing applications of investment advisers and broker‑dealers and their representatives; reviewing annual filings of investment advisers, broker‑dealers and their representatives and analyzing associated financial data that may lead to administrative, civil or criminal actions. These actions advance DFI’s goals of implementing and enforcing laws regulating financial institutions and consumer protection laws.

Some of

What You Will Do:

• Perform professional level review of complex investment adviser and investment adviser representative applications.
• Analyze financial statements, applying capital requirements and other financial ratios to determine compliance with minimum financial requirements.
• Review application and related disclosure materials, correspondence, and disciplinary history or current complaints and proceedings against the applicant.
• Interpret, apply and negotiate compliance with applicable statutes, rules and policies.
• Write comment letters describing substantive and disclosure issues, and discuss alternatives for compliance with the applicant, which may include meetings or conferences with the applicant or…