Regulatory Financial Services Investigator

Government of the Virgin Islands; Christiansted (United States Virgin Islands); On-site; USD 65,000 - 90,000; Full time

Job summary

The Government of the Virgin Islands is seeking a Financial Services Examiner to assess eligibility, solvency, and regulatory compliance of financial institutions operating in the Territory. The role involves reviewing applications, conducting on-site examinations, and preparing formal reports under supervision.

Applicants should have advanced degrees or professional designations in accounting or finance, and experience in government or financial services.

Qualifications

• Knowledge of insurance, banking, securities, and other financial services practices, procedures and laws.
• Knowledge of accounting principles and practices in relation to various insurance, banking, securities, and other financial services transactions.
• Ability to interpret and apply legislation, rules and regulations as they relate to the: financial services industry.
• Working knowledge of Microsoft Office programs such as Word, Excel and Power Point. Ability to communicate ideas orally and in writing.
• Ability to prepare clear and concise written reports.
• Ability to maintain reports and records.
• Ability to communicate effectively and professionally with all persons contacted during the course of work.

Responsibilities

• Reviews original applications of financial services providers to determine eligibility to conduct business in the Territory.
• Examines and analyzes data contained in application forms, agency reports, business records, public documents or other records to gather facts, and verifies correctness and authenticity of the information submitted by financial services providers.
• Provides information and answer questions of individuals or groups concerning the business operations of a financial services provider.
• Determines eligibility for participation in activity, conformity to program requirements, or liability for damages or financial losses based on findings.
• Analyzes statistical data to insure that administrative policies, regulatory codes, legislative directives and other guidelines are being met.
• Interviews licensees, confers with officials and technical or professional specialists, in order to obtain information or clarify facts.
• Performs onsite examination of company data contained in business records, public documents or other records to determine solvency; ascertain that the financial services providers are in compliance with statutory requirements, to include federal and local laws and standards.
• Prepares reports of examinations and evaluations, determines the eligibility or ineligibility of financial services applicants and makes appropriate recommendations to the Chief Financial Services Examiner and/or the Director.
• Performs other related duties incidental to the work described herein.

Job description

The Government of the Virgin Islands is seeking a Financial Services Examiner to assess eligibility, solvency, and regulatory compliance of financial institutions operating in the Territory. The role involves reviewing applications, conducting on-site examinations, and preparing formal reports under supervision.

Applicants should have advanced degrees or professional designations in accounting or finance, and experience in government or financial services.