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State of Tennessee

FINANCIAL SERVICES INVESTIGATOR 2* - 12232025-73705

State of Tennessee, Nashville, Tennessee, United States

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FINANCIAL SERVICES INVESTIGATOR 2* Job ID:

12232025-73705

Location:

Nashville, TN

Department:

Commerce and Insurance, Securities Division, Davidson County

Type:

Full-Time

Opening Date:

12/23/2025 12:00 AM Central Time

Closing Date:

01/05/2026 11:59 PM Central Time

Salary:

$43,572.00 annually ($3,631.00 monthly)

Qualifications

Graduation from an accredited college or university with a bachelor’s degree in finance, criminal justice, or accounting and three years of professional experience in financial examination or fraud investigations.

Or graduation with a bachelor’s degree and four years of experience in the same fields.

Experience in banking, financial services, auditing, accounting, law enforcement, risk management, or related investigative fields can substitute for up to four years of education on a year‑for‑year basis.

Three years of full‑time professional financial services investigation experience with the State of Tennessee.

A valid motor vehicle license is required for employment.

Overview This classification functions at the intermediate working level with a moderate sized workload. An employee is responsible for conducting financial investigations of routine or considerable difficulty related to securities or insurance fraud, performing all investigatory duties and collaborating with internal and external personnel relevant to each case. The role differs from Level 1 investigators who perform entry‑level duties and are learning to conduct investigations, and from Level 3 investigators who conduct more complex investigations and serve as leads for less experienced investigators.

Responsibilities

Conduct preliminary investigations of alleged insurance or securities fraud, determining if violations have occurred, gathering documentation, and interviewing witnesses. Compare allegations with data from insurance or computer systems, financial spreadsheets, offering documents, prospectuses, and other financial records to determine adequacy for a full‑scale investigation. Submit findings to the Expert Investigator for review and to the Investigation Unit Director.

Analyze preliminary findings to determine if additional resources or other subjects are needed. Interview witnesses and respondents to substantiate allegations. Compare financial records of individuals or companies with those of insurers, vendors, customers, or banks to assess accuracy. Compile a detailed report, including interviews, recordings, and supporting documentation. Forward findings to the Expert Investigator and the Unit Director.

Work with departmental leadership and staff, including Assistant Commissioners, to determine appropriate outcomes for conclusions reached during an investigation.

Collaborate with the agency legal division to schedule witness participation for hearings, serve subpoenas, and assist with interviews. Prepare the investigator for hearing testimony.

Coordinate with external agencies (local/federal law enforcement, District Attorney’s office, Attorney General’s office, etc.) to enforce penalties for violations determined through investigation.

Communicate with potential witnesses in a fraud investigation hearing to schedule participation and provide pertinent case information.

Maintain working knowledge of software used by the Securities Division, including State Based System (SBS‑NAIC), FINRA’s Central Registration Depository (CRD), and background/identity search systems. Comprehend laws and rules of Tennessee Insurance Law, Tennessee Securities Acts and Rules, and related regulations.

Review bi‑weekly reports from the section administrative assistant to ensure compliance with internal and regulatory deadlines. Provide case updates on high‑profile investigations in monthly reports to the division’s Assistant Commissioner.

Assist in training other Financial Services Investigators.

Coordinate and conduct educational outreach events.

Provide recommendations to the internal leadership team regarding policies and processes used in the work unit.

Competencies (KSA's)

Decision Quality

Instills Trust

Situational Adaptability

Communicates Effectively

Action Oriented

Knowledges

Economics and Accounting

Customer and Personal Service

English Language

Skills

Critical Thinking

Active Learning and Listening

Time Management

Judgment and Decision Making

Social Perceptiveness

Abilities

Written Comprehension

Deductive Reasoning

Inductive Reasoning

Tools & Equipment

Basic Office Equipment

Laptop/Computer

TN Driver Standards State of Tennessee positions that may involve driving responsibilities require candidates to meet the following minimum driver qualifications:

A valid driver’s license.

For the past five years, the candidate’s driver record must not contain a DUI, reckless driving, license suspension for moving violations, or more than four moving violations.

Licenses and Certifications Please include your Driver's License Information under the Licenses and Certifications section of your application.

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