Connecticut StateDepartment of Administrative Services

License And Applications Specialist

Hybrid

Recruitment #220510-6490AR-001

Introduction



Are you looking to advance your career within the Department of Banking? If so, we encourage you to apply today!

The State of Connecticut Department of Banking invites its qualified agency employees to apply for the position of License And Applications Specialist at 260 Constitution Plaza in Hartford, CT.   The License and Applications Specialist will perform the most complex tasks in the analysis and processing of license and registration applications in the Securities Division.

While the location of our office is conveniently located in Hartford near major highways, this position can be performed in a hybrid capacity.

ABOUT US

The Connecticut Department of Banking is the primary state regulator for state-chartered banks and credit unions, securities, and consumer credit. Its mission is to protect users of financial services from unlawful or improper practices by ensuring regulated entities and individuals adhere to state banking, consumer credit and securities laws. The Department accomplishes this through regular, thorough, and cost-effective examinations of the entities it supervises. The Department also engages the public and other stakeholders through a variety of media platforms, educational outreach initiatives, and press communications.

POSITION HIGHLIGHTS

  • Monday - Friday
  • First shift
  • Full-time (40 hours per week)
RESPONSIBILITIES

  • Act as lead investigator of applicants for registration as a broker-dealer, agent, investment adviser, investment adviser agent, branch office and business opportunity, especially for those firms and individuals requiring a more sensitive and complex review including crypto currencies and fintechs
  • Conduct in-depth reviews of securities and business opportunity offering documents filed under the Connecticut Uniform Securities Act and the Connecticut Business Opportunity Investment Act, including offerings involving complex financial products and potentially fraudulent conduct
  • Train division staff, as required, in applying investigative techniques and protocols in reviewing licensing and registration applications
  • Draft summary memoranda and organize application documentation to assist division managers and attorneys in formulating case strategy for addressing applicants that have violated the Connecticut Uniform Securities Act and the Connecticut Business Opportunity Investment Act
  • Handle more complex situations involving an applicant’s failure to provide records and documents that are statutorily required to be submitted and maintained in order to complete the licensing process
  • Assist with communication to outside agencies and prosecuting officials to pursue matters where administrative, civil, or criminal sanctions are sought against applicants
WHAT WE CAN OFFER YOU

As a state employee, you would continue to be able to participate in our competitive benefits plan which includes health and dental insurance, a retirement plan, group life insurance, and other supplemental benefits. Paid time off is also offered, including 12 paid holidays per calendar year, in addition to vacation, sick and personal leave accruals. You would also continue to be part of a culture that encourages work-life balance.

Selection Plan

In order to be considered for this job opening you must be a current State of CT employee of the agency listed above for at least six (6) months of full-time service or full-time equivalent service, absent any applicable collective bargaining language, and meet the Minimum Qualifications as listed on the job opening. You must specify your qualifications on your application. The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified.

To Apply:

  • In order to be considered for this job opening, you must meet the Minimum Qualifications as listed on this job opening. You must specify your qualifications on your application.
  • The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified.
  • Ensure that your application is complete and detailed before submitting it. In order to comply with Public Act 21-69, the State of Connecticut is no longer asking for resumes during the initial application process. You will not be able to make revisions once your application is submitted into the JobAps system.
  • Please select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location or shift.
  • All application materials must be received by the recruiting agency by the time specified on the job opening for the position for which you are applying. Late applications may not be submitted and will not be considered. Exceptions are rare and limited to documented events that incapacitate a candidate during the entire duration of the job posting time period. It is the candidate’s obligation and responsibility to request an exception and provide a legally recognized justification to accommodate such exception. Requests should be made to DAS.SHRM@ct.gov.
Important Information After You Apply:

  • This posting may require completion of additional referral questions (RQs). You can access these RQs via an email that will be sent to you after the posting's closing date or by visiting your JobAps Personal Status Board (Certification Questionnaires section). Your responses to these RQs must be submitted by the questionnaire's expiration date. Please regularly check your email and JobAps Personal Status Board for notifications. Please check your SPAM and/or Junk folders on a daily basis in the event an email provider places auto-notification emails in a user's spam.
  • Although applicants will receive correspondence via email, as a backup they are also encouraged to sign on to their Personal Status Board on a daily basis to monitor their status, view all emailed notices and complete tasks required in the recruitment process.
  • Note: At any point during the recruitment process, applicants may be required to submit additional documentation which support their qualification(s) for this position. These documents may include: a cover letter, resume, performance reviews, attendance records, supervisory references, licensure, etc., at the discretion of the hiring agency.
  • Interviews will be limited to candidates whose experience and training most closely meet the requirements of the position.
  • The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.
Connect With Us:

Due to the large volume of applications received, we are unable to provide confirmation of receipt or status during the recruitment process. Updates will be available through your JobAps portal account. Should you have any questions pertaining to this recruitment, please contact Faith MacDonald at faith.macdonal@ct.gov or 860-937-6362.

PURPOSE OF JOB CLASS (NATURE OF WORK)

In a state agency, this class is accountable for performing the most complex tasks in the analysis and processing of license and registration applications in an agency with regulatory responsibility for specific industries or businesses.

EXAMPLES OF DUTIES

Performs the most complex related duties in processing complex certificate and permit applications; receives and processes fees; studies and analyzes factors and incidents impacting on regulatory responsibility and makes recommendations to implement changes; acts as a hearings officer or participates in public hearings concerning issuance, revocation or amendment of certificates and permits; explains laws and agency regulations to applicants and the public; prepares correspondence; assists in rate case matters; may perform or supervise investigations of violations; may supervise examination of and approve application process for interstate permits; performs related duties as required.

AGENCY RESPONSIBLE FOR ADMINISTRATION OF PROOF OF FINANCIAL RESPONSIBILITY FOR REGULATED TRANSPORTATION SERVICES: May supervise or perform issuance of identification stamps or permits for regulated transportation services and keeping of appropriate records; may supervise or perform administration of evidence of financial responsibility of licensees.

KNOWLEDGE, SKILL AND ABILITY

Knowledge of relevant licensure, certification or permit functions of regulated entities; knowledge of relevant regulated industry operations, practices and procedures; basic knowledge of statistics; interpersonal skills; oral and written communication skills; ability to understand, interpret and apply laws, regulations and other written materials pertaining to entities regulated by department; ability to research, analyze and evaluate data and prepare comprehensive written reports; ability to utilize computer software.

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

Seven (7) years of clerical or technical experience in a regulated industry or with a regulatory agency.

MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE

One (1) year of the General Experience must have been in preparing material for or actively participating in, hearings concerning the regulatory process.

NOTE: For State Employees, this is interpreted at the level of License and Applications Analyst.

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree.

PREFERRED QUALIFICATIONS

  • Experience with licensure and regulated industry operations
  • Experience communicating with internal and external stakeholders
  • Experience applying Connecticut state law pertaining to security licensing and registration
  • Experience researching, analyzing, and evaluating data
  • Experience with the e-License database system

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER

The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.



Click on a link below to apply for this position:

Fill out the Supplemental Questionnaire and Application NOW using the Internet.




The State of Connecticut is an Affirmative Action/Equal Opportunity Employer and strongly encourages the application of women, minorities and persons with disabilities.