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Financial Assurance Officer (Regulatory Analyst 3) (In Training)

Accounting/Finance/Insurance Jobs
Washington State Department of Ecology

Job Summary

Full Time
Posted on
October 10, 2019
Washington State Department of Ecology
Lacey, WA
Years of Experiences
5 - 10
Career Level
Experienced (Non-Manager)
Education Level
Bachelor's Degree, Master's Degree
$67,248.00 - $88,236.00 Annually

About Washington State Department of Ecology

The Department of Ecology is Washington's environmental protection agency. Our mission is to protect, preserve and enhance Washington's land, air and water for current and future generations. We support environmental work throughout Washington. Nearly 70 percent of our budget is passed through to local communities to pay for projects that benefit the environment. We were founded in 1970 as the first agency in the nation dedicated to environmental protection.

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Keeping Washington Clean and Evergreen


Protecting Washington State's environment for current and future generations is what we do every day at Ecology. We are a culture that is invested in making a difference. If you want to join a team that is highly effective, collaborative, has leadership that embraces the value of people, and believes in the fun factor, Ecology is a good fit.

The Hazardous Waste and Toxics Reduction (HWTR) Program within the Department of Ecology is looking for a Financial Assurance Officer. This position is located in our Headquarters Building in Lacey, WA.

A successful candidate will be someone who is tenacious enough to spend hours reviewing legal, insurance, and financial documents; detailed enough to write thorough and defensible documentation of their findings; and confident enough to defend their determinations when challenged.

This is a great opportunity for someone looking for a position to learn and grow into. As an In Training position, we will consider applicants who meet at the Regulatory Analyst 2 requirements, and will use an established In Training plan for them to become a Regulatory Analyst 3 within a set period of time.

As an agency, we invest in our employees to create and sustain a working environment that encourages creative leadership, effective resource management, teamwork, professionalism and accountability. To learn more about The Department of Ecology, please visit our website at and follow, like or visit us on LinkedInTwitterFacebookInstagram or our blog.

Local efforts... Diverse people... Statewide impacts



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The Hazardous Waste and Toxics Reduction (HWTR) Program is made up of people dedicated to fostering sustainability, preventing pollution, and promoting safe waste management. We do many different things in a coordinated approach to protect the people and environment of Washington from pollution from hazardous products and waste.

Why join the team?
Join our team of diverse experts dedicated to supporting staff in the regional offices around the state in creating clear regulatory requirements, guidance and policies that are designed to protect the public and environment from mismanaged Dangerous Waste. At our best, we work as a unified team working to resolve difficult problems and meet expectations of staff and the regulated community.  Together, we:

  • Coordinate within the agency to identify problematic areas within the Dangerous Waste rules, and create viable solutions for consistent implementation.

  • Work with stakeholders to explore the intent of federal and state statues and rules in order to develop policy-based solutions for how these rules can be enforced in an environmentally sound, realistic, and economically viable way.

  • Develop clear, implementable, and enforceable permits for complex facilities that treat, store, dispose and/or recycle dangerous waste.

  • Update the dangerous waste rules to stay consistent with the Environmental Protection Agency's (EPA) rules.

  • Protect tax payers by requiring high risk dangerous waste processing and recycling facilities have funds set aside for emergencies or accidents.

  • Ensure public participation in rulemaking and cleanup processes.

  • Support Environmental Justice inclusion throughout the agency.


What does the Financial Assurance Officer do?

This position works to ensure that regulated facilities and cleanup sites are in compliance or are on the path to achieving compliance with their financial assurance obligations, and acts as the state's expert on financial assurance. This includes:

  • Providing technical assistance to regulated facilities and cleanup sites, facilities and cleanup sites that might be regulated in the future, attorneys and consultants, and the Attorney General's Office.

  • Reviewing and evaluating financial assurance submissions from regulated facilities and cleanup sites, and determining whether they are in compliance.

  • Writing defensible findings of their review and documents in the file or appropriate databases.

  • Researching and monitoring companies, keeping track of corporate and financial developments that may affect creditworthiness and financial standing.

What kinds of problems will you work to solve?

  • Reviewing each situation to ensure all information is accurate - There have been prior instances of facilities purposefully hiding their noncompliance.

  • Developing creative solutions for uncommon financial assurance problems, usually involving small financial assurance obligations or small businesses that have problems complying.  

  • This is a job that requires a very unique set of skills, including background in legal, financial, and regulatory work, including reading and understanding complex legal documents such as orders, trust agreements, insurance policies, and corporate annual reports (10-K forms). 

  • If you like to solve puzzles and come up with creative, practical solutions to real-world problems, this might be a great fit for you.

This recruitment will remain open until filled. The initial screening will be October 23, 2019.  In order to be considered for the initial screening, please submit an application on or before October 22, 2019. The agency reserves the right to make an appointment any time after the initial screening date.

Please do NOT include your salary history. Wage/salary depends on qualifications or rules of promotion, if applicable



The goal class for this position is a Regulatory Analyst 3 (RA3). We will consider applicants who meet the requirements for the RA3 and RA2 levels. If the finalist meets the requirements for the RA2 level, they will be hired in at that level and will be placed into a training program to become an RA3 within a specified period of time.

Required Qualifications:

At the Regulatory Analyst 3 Level: $5,604 - $7,353 per month
A Bachelor's degree involving major study in economics, accounting, business or public administration, finance, social sciences, engineering, law or related field AND four years of professional research or analysis experience with an institution engaged primarily in regulatory matters.


A Bachelor's degree in one of the fields listed above AND three years of experience doing regulatory analysis for Washington State government, one year of which must have been at the Regulatory Analyst 2 level or equivalent.

An advanced degree in one of the fields listed above will substitute for one year of the required experience.

At the Regulatory Analyst 2 Level: $4,953 - $6,496 per month

A Bachelor's degree involving major study in economics, accounting, business or public administration, finance, social sciences, engineering, law or related field AND three years of professional research or analysis experience with an institution engaged primarily in regulatory matters.


A Bachelor's degree in one of the fields listed above AND two years of experience doing regulatory analysis for Washington State government at the Regulatory Analyst 1 level or equivalent.

An advanced degree in one of the fields listed above will substitute for one year of the required experience.


Desired Qualifications:

  • A Master's degree in one of the above fields or a law degree.

  • Two or more years of experience doing regulatory analysis for Washington State government, including one year at the Regulatory Analyst 2 level or equivalent.

  • Experience with financial statements, insurance policies, and related business information.

  • Experience with environmental and other legislation and regulations at the federal, state, and local level.

  • Experience with reviewing and understanding technical documents.

  • Experience with applying negotiation and conflict resolution skills.

  • Experience with collecting information, detecting potentially problematic situations, and analyzing and critically evaluating data.

Special Requirements / Conditions of Employment:

Valid Driver's License

Why work for Ecology?

Joining Ecology means becoming a part of a team committed to protecting and restoring Washington State's environment.

A career in public service allows you to help solve some of the most challenging problems facing our state, while keeping the health and financial security of you and your family a priority. We combine one of the most competitive benefits packages in the nation with a strong commitment to work/life balance.

Ecology employees may be eligible for the following:
Medical/Dental/Vision for employee & dependent(s)Public Employees Retirement System (PERS),  Vacation, Sick, and other Leave*, 11 Paid Holidays per year*, Public Service Loan ForgivenessTuition Waiver,  Long Term Disability & Life InsuranceDeferred Compensation ProgramsDependent Care Assistance Program (DCAP),  Flexible Spending Arrangement (FSA)Employee Assistance ProgramCommute Trip Reduction Incentives (Download PDF reader)Combined Fund DriveSmartHealth
Student debt and how working for Ecology can help
Employees may be eligible for the Public Service Loan Forgiveness (PSLF) Program, which forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer. See for more details.
*See the Benefits tab in this announcement for more information

Supplemental Information

Application Instructions:

Please include the following documents as an attachment to your application:

  • A cover letter describing how your experience, skills and abilities meet the required/desired qualifications of this position.

  • A resume outlining your professional experience.

Please do NOT include your salary history. Wage/salary depends on qualifications or rules of promotion, if applicable


Please complete the applicant profile when applying for this position. Or, you may paste the text of your resume within the profile's resume text field.

Please read the supplemental questions carefully and answer completely. Incomplete responses, including "please see resume", may disqualify you from further consideration.

Department of Ecology employees, please make sure to answer the agency-wide questions regarding permanent status as a classified employee within the Washington General Service or Washington Management Service. Do not forget to select Department of Ecology as a response to question 2, and type your personnel ID number for question 3. If you are not sure of your status or do not know your personnel ID number, please contact Human Resources at (360) 407-6186.

If you are reading this announcement in print format, please visit to access the online recruitment system. Click on "Look for Jobs" and select Dept. of Ecology under the "Department" search list. Click "Apply Search."

Other Information:

If you need assistance applying for this job, please call Human Resources at (360) 407-6186 or e-mail Please do not call this number or send an email to this address to follow-up the status of your application. You can view the latest status of your application on your profile's main page.

If you have specific questions about the position, please email Michelle Underwood at: Please do not contact Michelle to inquire about the status of your application.

The act of submitting application materials electronically is considered affirmation that the information is complete and truthful. The state may verify this information and any untruthful or misleading answers are cause for rejection of your application or dismissal if employed.

This is a position covered by a bargaining unit for which the Washington Federation of State Employees (WFSE) is the exclusive representative.  

The Washington State Department of Ecology is an equal opportunity employer. We strive to create a working environment that includes and respects cultural, racial, ethnic, sexual orientation and gender identity diversity. Women, racial and ethnic minorities, persons of disability, persons over 40 years of age, veterans or people with military status, and people of all sexual orientations and gender identities are encouraged to apply. Persons needing accommodation in the application/testing process or this job announcement in an alternative format may call (360) 407-6186. Applicants who are deaf or hard of hearing may call the Washington Relay Service by dialing 7-1-1 or 1-800-833-6388.