Requisition No: 813487
Agency: Office of Financial Regulation
Working Title: FINANCIAL CRIMES INVESTIGATOR – 43004179 (OFFICE OF FINANCIAL REGULATION)
Position Number: 43004179
Salary: $46,500.00
Posting Closing Date: 10/31/2023
****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY*****
CLASS TITLE: SENIOR FINANCIAL INVESTIGATOR
WORKING TITLE: FINANCIAL CRIMES INVESTIGATOR
OFFICE OF FINANCIAL REGULATION
BUREAU: FINANCIAL INVESTIGATIONS
CITY: ORLANDO
COUNTY: ORANGE
Candidates in the following counties may be considered: Orange, Seminole, and Osceola.
The position will be located in one of the advertised cities/counties and the incumbent will be expected to reside in and work from one of the cities/counties within the advertisement.
ABOUT THE AGENCY:
The Florida Office of Financial Regulation (OFR) provides regulatory oversight for Florida’s financial services industry. The OFR is organized into five areas: Executive Direction, Division of Financial Institutions, Division of Consumer Finance, Division of Securities, and Bureau of Financial Investigations (BFI). The programs oversee and regulate a wide range of financial enterprises and individuals, such as: securities industry participants, money transmitters, consumer finance companies, mortgage loan originators, foreign currency exchangers, payday lenders, state-chartered banks, and state-chartered credit unions. The OFR’s agency head, known as the Commissioner, is appointed by the Financial Services Commission, which is comprised of the Governor, the Attorney General, the Chief Financial Officer, and the Commissioner of Agriculture.
ABOUT THE POSITION:
The Senior Financial Investigator (working title “Financial Crimes Investigator”) position is a senior level investigator within the BFI that conducts criminal, administrative, and civil investigations under the regulatory jurisdiction of the OFR. BFI cases are prosecuted in state and federal courts. Applicants must have adequate experience conducting fraud and/or financial investigations and/or examinations and presenting complex case findings to criminal and administrative prosecutors. Candidates must have professional experience other than or aside from Bank Secrecy Act (BSA) or Anti Money Laundering (AML) experience within a financial institution in order to be considered for this position.
This position is being advertised in multiple counties. This position may also be eligible for voluntary non-full time field work (combination of in-office work and remote field work). Voluntary field work is subject to management approval and may be rescinded at any time. The selected candidate’s in-office work location will be the Orlando Regional Office. Office hours are M-F / 8 am to 5 pm, with a 1-hour unpaid lunch. However, a flexible work schedule may be available. This position requires some travel, including overnight travel for training and conducting field work (interviews, surveillance, subpoena service, etc.). Approximately 25% of time is spent in the field. The OFR does not offer state issued vehicles to its employees. Employees are required to travel using their personal vehicle with a mileage reimbursement of 44.5¢ a mile or a rental car that is paid for by the state. A state cell phone is not issued with this position.
Candidates should expect a professional office environment with a public service driven mission. Benefits include competitive health insurance, State of Florida retirement options, field work opportunities (for certain positions), and a flexible work/life balance.
Some of the excellent benefits available to Office of Financial Regulation (OFR) employees include:
- Field work opportunities for certain positions.
- Flexible work schedules for certain positions.
- Paid holidays and an annual personal holiday.
- Paid vacation and sick leave.
- Excellent health & life insurance options for individuals and/or family coverage.
- Additional supplemental insurances available such as dental, vision, disability, etc.
- Tax deferred medical and Dependent Care Benefit reimbursement accounts available.
- Deferred Compensation opportunities.
- Tuition waivers to attend state universities/community colleges.
- Retirement plans and options.
WORK LOCATION:
400 W. Robinson St., Suite S-216
Orlando, FL 32801-1799
SALARY:
Qualified candidates are normally hired at a salary that is within 10% of the advertised base salary for the position ($46,500.00). OFR Employees are paid on a monthly pay cycle.
All applicants seeking employment with the Office of Financial Regulation (OFR) are subject to mandatory background checks conducted through the Department of Financial Services (DFS), Bureau of Human Resource Management in accordance with the requirements of Chapter 435, F.S. and reviews by OFR. Applicants may be disqualified for employment with OFR based on the information that may be obtained through research and/or OFR’s review process.
No applicant may begin employment until the background screening results are received, reviewed for any disqualifying offenses, and approved by the Agency. Background screening shall include, but not limited to, fingerprinting for State and Federal criminal records checks through the Florida Department of Law Enforcement (FDLE) and Federal Bureau of Investigation (FBI) and may include local criminal history checks through local law enforcement agencies.
Responses to qualifying questions must be clearly supported by the state application and any omission, falsification, or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.
SPECIAL NOTES:
Applicants are required to meet one (1) of the following:
- A bachelor’s degree from an accredited college or university and two (2) years of recent professional experience (recent means within the past three (3) years) conducting complex financial crimes investigations or examinations.
OR
- A bachelor’s degree from an accredited college or university and a master’s degree from an accredited college or university and one (1) year of recent professional experience (recent means within the past three (3) years) experience conducting complex financial crimes investigations or examinations.
OR
- Six (6) years of experience conducting complex financial crimes investigations with at least one of those years of experience occurring within the past three (3) years.
Preference will be shown to applicants with degrees in Criminal Justice
Additional preference will be given to applicants who have experience and expertise in the following areas:
- Accounting.
- Utilizing open source and license-based tools for virtual data capture.
- Utilizing command line in Linux/Windows OS.
- Performing undercover detail, both virtually and in-person.
- Analyzing bank and/or brokerage records (financial records).
- Conducting complex financial examinations or investigations.
- Interviewing subjects and witnesses.
- Possess Certified Fraud Examiner (CFE) designation, Certified Public Accountant (CPA) License, or Certified Anti-Money Laundering Specialist (CAMS) designation.
- Developing/Running bash scripts.
- Recent professional experience (within the past 3 years): drafting affidavits; drafting comprehensive case reports; working joint investigations with other agencies; presenting complex case findings to prosecutorial agencies.
- Writing investigative reports.
Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:
- Knowledge of basic investigative techniques
- Knowledge of the rules of evidence
- Knowledge of court procedures and requirements
- Ability to conduct fact-finding interviews and take statements.
- Ability to analyze financial records.
- Ability to collect and analyze evidence.
- Ability to use deductive reasoning.
- Ability to analyze information and determine its validity.
- Ability to write accurate investigative reports and verbally brief them.
- Ability to make independent decisions.
- Ability to maintain strict confidentiality.
- Ability to communicate effectively.
- Ability to establish and maintain effective working relationships with others.
- Ability to navigate Windows and/or Linux Operating Systems.
- Ability to troubleshoot basic data-harvesting challenges.
BRIEF DESCRIPTION OF DUTIES:
Investigators are responsible for conducting financial investigations. Duties include, but are not limited to reviewing, and analyzing financial records and reports, issuing subpoenas, interviewing witnesses, taking sworn statements, developing cases, and giving testimony in administrative, civil, and criminal cases. Investigators must also prepare detailed charts, exhibits, and reports for use by attorneys and state and federal prosecutors. This position may conduct joint investigations with other local, state, and federal agencies.
Duties include, but are not limited to:
- Identify indicia of fraud and other financial crimes from search results of open and confidential sources as lawful and appropriate
- Triage preliminary investigative findings and complaints to determine order in which appropriate cases are presented for potential referral to Investigations Managers for further development.
- Prepare case referral packages for Investigations Managers that clearly explain the potential violations at issue and the preliminary investigative steps taken.
- Proactively searches for and obtains initial evidence for each lead.
- Conducts investigations into alleged or suspected violations within the OFR’s enforcement authority.
- Develops investigative plans to expedite the collection of evidence and the prosecution of violators.
- Interviews witnesses, victims and suspects regarding alleged violations and documents interviews commensurate with evidence requirements. Takes sworn statements as appropriate.
- Obtains subpoenas, reviews, and analyzes books and records. Gives testimony in administrative, civil, and criminal cases.
- Conducts analysis of complex financial records
- Writes detailed reports and prepares exhibits for use by Office attorneys and criminal prosecutors. Reports include but are not limited to affidavits, comprehensive case reports, financial records analyses, and interview memoranda.
- Acts as liaison with local representatives of law enforcement and regulatory agencies and conducts joint investigations with same
- Serves as lead investigator in complex financial crimes cases. Responsible for maintaining technical investigative proficiency; and high ethical standards.
- Handles other duties as required.
If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended, or deemed ineligible depending upon the date of your retirement.
The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.
Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.
The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.
VETERANS’ PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans’ Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement.