FINANCIAL INSTITUTION EXAMINER 5

About the role

The Department of Business and Industry is recruiting to fill a Financial Institutions Examiner 5 position within the Financial Institutions Division in Las Vegas. This position is responsible for managing, developing, and implementing examination programs of financial institutions for the Division.

Responsibilities

• Review an institution's prior examinations, correspondence and documents on file in order to become familiar with the nature of the institution and to develop an exam plan.
• Ensure compliance with regulatory licensing requirements for various types of financial entities, including depository, trust, lending, collection, 1031 exchange, and money transmission entities.
• Conduct entrance and exit meetings with management of the institution to answer questions regarding the examination, verify facts and discuss findings.
• Review activities to ensure compliance with laws and regulations; evaluate internal and external audit procedures to ensure that adequate controls are in place; analyze the financial and operating condition of each institution to assist in the determination of the institution’s safe and sound operation and overall condition.
• Analyze key safety and soundness components, ratios and trends; review adequacy of capital to assets and liabilities; determine the viability of loans and investments; evaluate the adequacy of management policy and procedures, earnings, and liquidity; determine market and interest rate sensitivity; examine interest rates and fees applied; verify cash, deposit and share account balances.
• Prepare and/or assimilate and analyze reports prepared by assisting examiners and arrive at a conclusion regarding the overall condition of the institution; prepare final report detailing findings and recommendations; assist in coordinating appropriate corrective measures in accordance with established laws, regulations, policies and procedures.
• Review, investigate and process licenses for newly approved institutions and for institutions renewing their licenses; make recommendations for acceptance or denial; respond to informational inquiries and complaints from licensees and the general public; conduct follow-up investigations as necessary; and take enforcement actions as necessary or make referrals to the criminal division in the Attorney General’s Office if warranted.
• Perform related duties as assigned.

Requirements

• Manage program(s) relevant to assigned area(s) to achieve performance indicators and fiscal goals and objectives;
• Plan, coordinate, and expedite work projects;
• Provide presentations of complex ideas and information to senior managers, state officials, legislators, industry representatives and public forums;
• Communicate and interact effectively with representatives of a broad variety of federal and State offices, associations and conferences;
• Ensure proper training of subordinate staff including both on-the-job training and formal training.

Qualifications

• Bachelor’s degree from an accredited college or university in business administration, accounting, economics, finance, or related discipline and four years of increasingly responsible professional experience in conducting institutional examinations;
• One year of experience as a Financial Institutions Examiner IV in Nevada State service;
• An equivalent combination of education and experience as described above.

Skills

• Supervisory techniques including selection, motivation, training, work assignment and review, employee evaluations, setting work performance standards, and discipline.

Benefits

• Health Insurance: Medical, dental, life, and disability insurance programs for employees and their dependents/family are offered through the Public Employees’ Benefits Program (PEBP).
• Vacation: Accrual of three weeks of annual leave each year.
• Sick Leave: Accrual of three weeks of sick leave each year.
• Holidays: 12 paid holidays per year.
• Retirement: Participation in the Nevada Public Employees Retirement System (PERS).
• Earned Longevity Pay: Employees who have received a performance rating of “standard” or better and have completed eight (8) or more years of continuous service are eligible for longevity pay.

Pay

• Salary range: $84,840 - $114,480 annually.

Schedule

• Full-time, 40 hours per week.