Securities Commissioner

Classification Number: S025

Starting Wage: $12,308.66/ Month
Opening Date: 6/29/2017
Closing Date: Until Filled

Agency: STATE SECURITIES BOARD
Mailing Address: P.O. Box 13167, Austin, Texas 78711-3167
Work Location Address: 208 E. 10th Street, 5th Floor, Austin, Texas 78701

Number of Openings: 1
Duration: Regular
Hours/Week: 40

Merit System: No
FLSA Exempt: Yes
Travel Required: Yes, up to 25%

JOB DESCRIPTION:

The Securities Commissioner serves as the executive director of the Texas State Securities Board (the Agency) and is responsible for the administration and enforcement of the Texas Securities Act (the Act).  The Securities Commissioner directs all activities of the Agency, implements the policies of the Agency’s governing Board, and ensures that the provisions of the Act are at all times obeyed.  The Securities Commissioner is appointed by the Board and serves at the pleasure of the Board.   Specific duties include: Ensuring that investigations are initiated to prevent or detect violations of the Act and that evidence of violations is promptly referred for criminal, civil, or administrative enforcement action; overseeing the administrative, law enforcement, inspections, securities registration, dealer registration and investment adviser registration functions of the Agency; Supervising the activities of a highly-specialized staff of attorneys, accountants, financial examiners, and support personnel; Serving as the Agency’s representative to the North American Securities Administrators Association; Supervising the submission of legislative appropriations requests and compliance with state reporting requirements; and Representing the Agency in presentations made to state and federal regulators, securities industry groups, consumer organizations, and Texas legislature as necessary.  

Minimum Qualifications (License, Education, Experience):

J.D. degree from an accredited law school.  Five years experience with securities-related matters.  Thorough understanding of the Texas Securities Act and Rules adopted by the State Securities Board.  Substantial knowledge of the uniform guidelines adopted by the North American Securities Administrators Association.  Substantial experience managing professional and support personnel and supervising the operations of a professional office environment.  Ability to evaluate legal and factual issues to determine whether administrative subpoenas or administrative orders should be issued or referrals for civil or criminal action should be made.  Excellent public speaking abilities and presentation skills including the ability to effectively represent the Agency in presentations to state and federal regulators, securities industry groups, consumer organizations, and at legislative hearings. 

REMARKS (Application procedure, Special requirements):

A completed state application must be submitted and accompanied by: 1) A writing sample; 2) Official transcript or degree certification issued by an ABA accredited law school; and 3) The Supplement to Application for Employment form. 

The Application and Supplement may be obtained at 208 E. 10th Street, 5th Floor, Austin, TX, requested by calling 512/305-8301, or downloaded from the employment opportunities area of the agency's website at http://www.ssb.texas.gov

Information submitted by applicants will be accepted through regular mail addressed to Human Resources, State Securities Board, P.O. Box 13167, Austin, TX 78711-3167, via email to human.resources@ssb.state.tx.us, or via facsimile to 512/305-8327.  Applicants to be interviewed will be contacted by the Agency.  It is anticipated that interviews will be conducted on August 1, 2017. EOE.