Examiner-in-Charge (Financial/Credit Examiner III) - DORA: Division of Banking Hybrid

This position is designated under the department's hybrid workplace program but will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business needs. This announcement may be used to fill multiple vacancies. Position: SCA 2062.

About the Role

The Division of Banking (DOB) within the Department of Regulatory Agencies (DORA) is responsible for the regulation of state chartered commercial banks, trust companies, and state licensed money transmitters; holds charter and license application hearings and issues rules and regulations affecting regulated institutions; conducts examinations of state chartered institutions and licensees; works closely with the Federal Reserve Bank and the Federal Deposit Insurance Corporation in the regulation of commercial banks and certain federally insured trust companies; and is responsible for the enforcement of the Public Deposit Protection Act to protect public entity deposits held by state and national banks. The examinations unit exists to serve and protect the public interest by promoting a safe and sound financial institutions industry.

This position is responsible for regulating and reporting on the safety and soundness of trust companies and trust departments of banks by planning, organizing, and managing assigned examination personnel; supervises the preparation of the report of each examination; ensures the examination is thorough, complete, and places full responsibility of this activity on the assigned person. This position independently evaluates the adequacy, effectiveness, and efficiency of the systems within a financial entity and the quality of ongoing operations. The position provides reasonable assurance that bank/trust company assets and fiduciary assets are safeguarded, information is timely and reliable, and that errors/violations are corrected promptly to safeguard the public interest.

Responsibilities

• Determine examination objectives/areas of review.
• Set priorities that ensure the completion of the assigned task within the allotted time.
• Contribute to the development of subordinate staff by ensuring trainees receive assignments to further their professional development.
• Prepare and review complex examination work papers, ensuring that the depth of review by assigned staff is sufficient to accurately assess the institution's condition as well as support the examination ratings and conclusions reached in the written report.
• Provide interpretations of rules and regulations to examiners and institution management during the examination.
• Communicate examination findings with trust company and bank management and/or the board of directors.
• During the exit meeting, communicate overall conclusions and recommendations that support the preliminary examination rating.
• Address strengths and weaknesses noted and recommend corrective action when necessary and appropriate.
• Address management concerns and respond to the audience's questions.
• Interpret banking/trust statutes, rules, policies, and procedures to ascertain the institution's compliance therewith, and cite violations of federal and state laws and regulations when appropriate.
• Interview and investigate all areas of the bank and trust company with employees and officers.
• Perform off-site monitoring on a caseload of commercial banks and trust companies each quarter.

Minimum Qualifications

There are two ways to qualify for this position: 1) Experience OR 2) A Combination of Education and Experience.

Option 1: Experience

• Eight (8) years full-time professional work experience in a financial institution, domestic state or federal commercial bank or trust company, and/or with a state or federal banking regulatory body.
• Of the eight (8) years of professional work experience, at least one (1) year must include leading teams, including distributing and assigning work, ensuring timeliness and accuracy of work performed, and being accountable for the work product of other team members.

Option 2: A Combination of Education AND Experience

Associate's Degree and Experience:

• Graduation from an accredited college or university with an associate's degree in accounting, business administration, economics, finance, statistics, or a field of study related to the work assignment; AND
• Six (6) years full-time professional work experience in a financial institution, domestic state or federal commercial bank or trust company, and/or with a state or federal banking regulatory body.
• Of the six (6) years of professional work experience, at least one (1) year must include leading teams, including distributing and assigning work, ensuring timeliness and accuracy of work performed, and being accountable for the work product of other team members.

OR

Bachelor's Degree and Experience:

• Graduation from an accredited college or university with a bachelor's degree in accounting, business administration, economics, finance, statistics, or a field of study related to the work assignment; AND
• Four (4) years full-time professional work experience in a financial institution, domestic state or federal commercial bank or trust company, and/or with a state or federal banking regulatory body.
• Of the four (4) years of professional work experience, at least one (1) year must include leading teams, including distributing and assigning work, ensuring timeliness and accuracy of work performed, and being accountable for the work product of other team members.

Document this experience in your application IN DETAIL, as your experience will not be inferred or assumed. Part-time experience will be prorated.

Benefits

• Employer-sponsored RTD EcoPass, with offices located at Civic Center Plaza, above the RTD Civic Center station and just a few blocks from RTD light rail.
• Extensive work-life programs such as flexible schedules, training and professional development opportunities on a wide variety of subjects, and more.
• Employee wellness programs, including the Colorado State Employee Assistance Program (CSEAP), which provides free, confidential counseling services.
• Bike-to-work programs, including access to storage lockers and bike racks.
• Flexible retirement benefits, including a choice of the PERA Defined Benefit Plan or the PERA Defined Contribution Plan, plus optional 401K and 457 plans.
• Medical and Dental Health Insurance for employees and optional coverage for their dependents.
• Life Insurance for employees, and optional coverage for their dependents.
• Paid Time Off, including 11 paid holidays.
• Short- and long-term disability coverage.
• Tuition assistance program.