Financial Examiner: Bank-Credit Union

As the Financial Examiner, you will be responsible for working individually and collectively performing a variety of examination related tasks to determine a financial institution's solvency and compliance with state laws and regulations. In this position, you will examine institutions of larger size and complexity.  You will develop and execute examination plans, building upon information gathered during off-site surveillance activities and programs. You will serve as an Examiner-In-Charge of a variety of financial institutions along with joint examinations with other Federal agencies.  You will provide support for supervisory personnel of the department. 

The essential functions of this role are as follows:
Depository: 

• Perform various examinations that are conducted on institutions of large size and complexity. 
• Serve as an Examiner-In-Charge (EIC) of Safety and Soundness examinations for institutions of the largest size and complexity, and those exhibiting financial or operating weakness. 
• Submit examination plans that recognize the condition and risk profile of the institution.
• Oversee examination staff to affirm the appropriateness of scope and assure that established examination procedures are followed.
• Submit timely Reports of Examination that are analytically correct, void of major errors, and contain minimal errors. 
• Make accurate ratings determinations and develop corrective programs with assistance.
• Develop loan review samples consistent with department goals of identifying credit risks.
• Serve as the Central Point of Contact (CPC) for the most complex institutions. Recognize and analyze risk and trends in institutions through effective use of off-site monitoring tools, on-site examinations, and communication with other DFI staff, federal regulators, and institution management. 
• Coordinate on-site visitations at necessary intervals with supervisory approval or direction and attend board/management exit meetings as necessary. 
• Perform all examination and assign appropriate Capital Adequacy, Asset Quality, Management, Earnings, Liquidity and Sensitivity to Interest Rate Risk (CAMELS) ratings
• Perform asset quality reviews by analyzing the loan portfolios in complex institutions and demonstrate the ability to assign accurate credit risk assessments with decreasing levels of assistance.  Further, evaluate credit risk management systems and adjust the examination scope accordingly.
• Use Examination Tools Suite (ETS) to develop loan review samples consistent with department goals of identifying credit risks. 

Consumer Credit/Bank Compliance: 

• Perform various examination duties related to regulatory compliance with state and federal consumer credit laws and regulations. 
• Conduct examinations on the following types of entities with a focus on the most complex State Chartered Depository Institutions, Licensed Lenders, Licensed Small Lenders, Non-Lenders, Rental Purchase Registrants, Pawnbrokers, Debt Management Companies, Check Cashers, Civil Proceeding Advance Payment Providers, First and Subordinate Lien Mortgage Lenders, and Money Transmitter Licensees. 
• Serve as an Examiner-In-Charge (EIC) to evaluate the degree of compliance with governing statutes and regulations.  
• Serve as a Subject Matter Expert (SME) regarding statutes and examination procedures germane to the types of examinations being conducted.
• Prepare examination reports of findings that are accurate, pertinent, and comply with Department policies and procedures. Hold meetings with officers and managers to discuss these findings. 
• Assist in bringing the organization into full compliance with laws and regulations and recommend procedures to maintain compliance. 
• Review work produced by other staff in a timely manner and provide effective feedback to less tenured examiners. 
• Understand and interpret state laws and regulations concerning financial institutions such as the Indiana Uniform Consumer Credit Code and Title 28.

The job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Other duties, responsibilities, and activities may change or be assigned at any time with or without notice. 

You must meet the following requirements to be considered for employment: 

• Ability to complete the Agency specific training programs.
• Broad knowledge of computer applications, including examination software, internal DFI software, and external computer applications used to research, gather, and analyze examination activities. 
• Broad knowledge of principles and theories related to accounting and banking, bank holding companies and bank branching.
• Ability to conduct and prepare examination reports.
• Ability to identify, apply and interpret laws, regulations, and policies applicable to assigned areas, as well as examination policies and procedures including training less experienced examiners.
• Ability to analyze and interpret data and records.
• Ability to communicate effectively, both orally and in writing.
• Ability to exercise both tact and persuasion in dealing with institution managers and staff.
• Ability to travel across or within a specified region of the State based on the job assignment.
• At the Depository Division - Ability to use Examination Tools Suite (ETS) to develop loan review samples consistent with department goals of identifying credit risks. 
• Bachelor's Degree in Accounting, Finance, or related area
  • Substitution: Academic training plus comparable work experience may substitute for a bachelor's degree where appropriate.