Large Bank Financial Examiner

About the role

The position will assist in examining the safety and soundness of Indiana’s largest and most complex state-chartered banks and credit unions, including assessing financial performance, inherent risk levels, and risk management practices. The role will work with other examiners on the unique institution team and collaborate with FDIC and Federal Reserve Bank examiners.

Responsibilities

• Assist in conducting examinations for large and complex institutions.
• Serve as an Examiner-In-Charge (EIC) of Safety and Soundness examinations, especially for high-risk institutions.
• Develop examination plans and oversee staff to ensure procedures are followed.
• Submit accurate and timely Reports of Examination with minimal errors.
• Determine ratings and design corrective programs with guidance.
• Identify credit risks through loan review sampling.
• Act as the Central Point of Contact (CPC) for complex institutions, using off-site monitoring tools and on-site examinations to identify risks and trends.
• Cookordinate on-site visits and attend board/management meetings as needed with supervisory approval.
• Analyze loan portfolios, assign credit risk, evaluate management systems, and adjust examination scope accordingly.
• Conduct regulatory compliance examinations with state and federal consumer credit laws and regulations for the financial entities, focusing on the most complex ones.
• Serve as Examiner-In-Charge (EIC) to assess compliance with laws and regulations.
• Serve as a Subject Matter Expert (SME) on statutes and examination procedures.
• Prepare accurate reports, hold findings discussions, and recommend compliance procedures.
• Provide guidance to help institutions achieve and maintain full compliance with laws and regulations.

Requirements

The essential functions of this role require travel on most workdays to inspect, audit, examine, survey, or investigate clients, customers, or other regulated entities and write reports at those sites or employee’s home.

Qualifications

Individuals in this role should minimally be able to articulate or demonstrate the following:

• 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.
• 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.

Skills

For success in this role, individuals should have the ability to perform essential functions with or without reasonable accommodation.

Benefits

The State of Indiana offers a comprehensive benefit package for full-time employees which includes:

• Three (3) medical plan options (including RX coverage) as well as vision and dental plans.
• A wellness rewards program: Complete wellness activities to earn gift card rewards.
• A health savings account, which includes bi-weekly state contribution.
• A deferred compensation 457(b) account (similar to 401(k) plan) with employer match.
• Two (2) fully-funded pension plan options.
• A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to: 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers.
• Up to 15 hours of paid community service leave.
• Coupled 180 hours of paid vacation, personal, and sick leave time off.
• 12 paid holidays, 14 on election years.
• Education Reimbursement Program.
• Group life insurance.
• Free parking for most positions.
• Free LinkedIn Learning access.

Pay

The starting salary based on previous relevant experience is $75,010.00 per year, with a potential opportunity for adjustment based on the skill set of the applicant. The Department utilizes eight different examiner classification levels that are based on experience and skills. Senior examiner positions are available for those individuals with expertise deemed appropriate for those levels. Compensation may be adjusted based on relevant experience.

Schedule

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. This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work.