Underwriting Trainee Jobs in Springfield, IL (NOW HIRING)

Assists higher-level examiners and receives training in performing on-site exams of records, documents or other data to ascertain compliance with State/Federal laws and regulations applicable to the state-chartered credit union under examination.  For training purposes, evaluates and analyzes data and financial statements to determine accuracy and appropriateness of controls, policies, and procedures of programs and services in order to ensure safety and soundness in the operations of the institution.  Completes writing assignments, including documentation of examination findings and scope narratives, to amass skills necessary to complete detailed examination reports.  Attends and participates in meetings relative to the examination of a credit union to discuss findings and provide routine advice and assistance, which addresses existing areas of concern. Often travels to conduct this duty.  Learns and retains knowledge of applicable State/Federal statutes and regulations governing the credit union industry.  Establishes and maintains effective public relations and working relationships with officials of the credit union industry.  Recognizes and reports existing and potential problems based upon established procedures and criteria.  Participates and completes various trainings as required.  Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

State of Illinois Benefits
   Health, Life, Vision, and Dental insurance
   12 weeks paid maternity/paternity leave
   Pension Plan - Vesting at 10 years for Tier II
   Full 20-year retirement awards free health insurance during retirement
   Deferred compensation and other pre-tax benefits programs
   Paid state holidays, 12-14 days annually
   3 paid Personal Business Days annually
   12 Paid Sick Days annually (Sick days carry over year to year)
   10-25 Days of Paid Vacation time annually (10 days in year one of employment)
   Personal, sick, and vacation rates modified for 12-hour work schedules (as applicable) 
   Employee Assistance Program and/or mental health resources
   For more information about our benefits please follow this link: https://www2.illinois.gov/cms/benefits/Pages/default.aspx 

• Assists higher-level examiners and receives training in performing on-site exams of records, documents or other data to ascertain compliance with State/Federal laws and regulations applicable to the state-chartered credit union under examination.

• For training purposes, evaluates and analyzes data and financial statements to determine accuracy and appropriateness of controls, policies, and procedures of programs and services in order to ensure safety and soundness in the operations of the institution.

• Completes writing assignments, including documentation of examination findings and scope narratives, to amass skills necessary to complete detailed examination reports. 

• Attends and participates in meetings relative to the examination of a credit union to discuss findings and provide routine advice and assistance, which addresses existing areas of concern. Often travels to conduct this duty.

• Learns and retains knowledge of applicable State/Federal statutes and regulations governing the credit union industry.

• Establishes and maintains effective public relations and working relationships with officials of the credit union industry.

• Recognizes and reports existing and potential problems based upon established procedures and criteria.

• Participates and completes various trainings as required.

• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

• Requires possession of a bachelor's degree in accounting, finance, economics or banking; or a master's degree in business administration.

• This class is included as an Upward Mobility Program credential title.

• Prefers eighteen months of experience working at a bank, credit union, mortgage company, or other financial institution as a banker commercial lender, or consumer lender within the last thirty-six months.

• Prefers eighteen months of audit or examination experience of banks, credit unions, mortgage companies, or other financial institutions within the last thirty-six months.

• Prefers eighteen months of professional office experience in a legal office, insurance office lending office or other similar financial institution within the last thirty-six months.

• Prefers eighteen months of experience collecting and analyzing financial data, as well as drafting detailed and complicated examination reports within last 36 months.

• Prefers twelve months of working knowledge of business administration, policy & procedures, and operation practices of financial institutions within the last 24 months.

• Prefers eighteen months of experience working with technology used by financial institutions or financial government regulators within the last 36 months.

• Requires possession of a valid driver's license.

• Requires the ability to travel extensively.

• Requires the ability to pick up and carry at least 25 pounds of equipment to and from job sites.

• Requires the ability to pass an Agency conducted background check.

• Certain provisions of the revolving door restrictions contained in 5 ILCS 430/5-45 apply to this position. As a result, the employee should be aware that if offered non-State employment during state employment or within one year immediately after ending State employment, the employee shall, prior to accepting any such non-State employment offer, notify the Office of the Executive Inspector General for the Agencies of the Illinois Governor (OEIG) or may be subject to a fine.

• This position has been found to meet the requirements in section 4A-101 of the Illinois Governmental Ethics Act requiring the occupant/employee to file a Statement of Economic Interest. The Illinois Governmental Ethics Act (5 ILCS 420/4A et seq.) requires certain state officials and employees to file annual Statements of Economic Interest with the Office of the Secretary of State that will be made available for examination and copying by the public. All employees required to file a Statement of Economic Interest are also required to file the Supplemental Statement of Economic Interest with the Executive Ethics Commission. (See Executive Order 15-09) Fines and penalties apply to untimely filings.

• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

IDFPR is a regulatory licensing and enforcement agency that protects the residents of Illinois, ensures the safety and soundness of financial institutions, ensures that competent professionals are licensed to provide services to the public, and enhances commerce in the state for the benefit of all its residents.