What are the responsibilities and job description for the SML-Financial Examiner I - Mortgage - REMOTE IN TEXAS position at DEPARTMENT OF SAVINGS AND MORTGAGE LENDING?
SML-Financial Examiner I - Mortgage - REMOTE IN TEXAS (00049103)
Organization: DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
Primary Location: Texas-Austin
Work Locations: Austin Office 2601 North Lamar Blvd Suite 201 Austin 78705-4241
Job: Business and Financial Operations
Employee Status: Regular
Schedule: Full-time
Standard Hours Per Week: 40.00
Travel: Yes, 75 % of the Time
State Job Code: 1100 1102
Salary Admin Plan: B
Grade: 17 19
Salary (Pay Basis): 3,581.33 - 5,372.41 (Monthly)
Number of Openings: 3
Overtime Status: Non-exempt
Job Posting: Apr 1, 2025, 8:34:57 AM
Closing Date: Apr 15, 2025, 11:59:00 PM
Description
JOB TITLE: Financial Examiner I / II – Mortgage Examinations
LOCATION: Austin, TX - Remote work must reside in Texas.
POSITIONS: Up to 3 Regular - Full-time positions- Group/Class #: B17/1100 or B19/1102
SALARY*: FINANCIAL EXAMINER I - $3,582 MIN - $5,372 MAX; FINANCIAL EXAMINER II - $4,021 MIN - $6,335 *Based on education/experience.
MILITARY SPECIALTY CODES: ARMY-36A; NAVY N/A; AIR FORCE: 6F0X1, 65FX, 65WX; MARINE: 3404, 3408, 8844; SPACE FORCE- N/A. Additional information on the SAO Military Crosswalk.
BENEFITS OFFERED: Comprehensive healthcare options, State of Texas Retirement plan, paid vacation/holidays, Employee Assistance Program, Training
JOB DESCRIPTION:
Financial Examiner I: Performs entry-level financial examination work, specifically: routine compliance examinations of residential mortgage loan companies, mortgage bankers, wrap lenders, and residential mortgage loan originators with the assistance of others. Work involves conducting examinations of mortgage originator operations to evaluate and assess compliance with state and federal laws and regulations. Works remotely under close supervision, with minimal latitude for the use of initiative and independent judgment.
Financial Examiner II: Performs routine (journey-level) financial examination work, specifically: compliance examinations of residential mortgage loan companies, mortgage bankers, wrap lenders, and residential mortgage loan originators. Work involves conducting examinations of mortgage originator operations to evaluate and assess compliance with state and federal laws and regulations. Works remotely under moderate supervision, with limited latitude for the use of initiative and independent thinking.
EXAMPLES OF WORK PERFORMED:
- Conducts routine compliance examinations with the assistance of other examiners.
- Assists examiner-in-charge or serves as examiner-in-charge by planning, organizing, and supervising examinations.
- Adheres to examination schedule and monitors examination activity to ensure compliance with examination priorities.
- Coordinates with the industry to schedule examinations, convey requirements, and gather the required documentation.
- Reviews and analyzes records and policies and procedures related to the activities of mortgage companies/bankers and their loan originators to determine compliance with state and federal laws and regulations.
- Verifies the accuracy of records, work papers and related financial statements; determines proper documentation and adequate procedures; and detects and records variances.
- Follows established examination procedures to collect and analyze data.
- Works with the Chief Mortgage Examiner, Senior Review Examiner, Review Examiner, and Supervising Mortgage Examiners to analyze issues and develop action plans to complete examinations.
- Conducts exit meetings to communicate findings, address deficiencies, and provide guidance and recommended corrective measures with the guidance and assistance of other examiners.
- Prepares mortgage examination reports and work papers.
- Coordinates with complaint investigators to follow up on consumer complaints.
- Performs related work as assigned.
Qualifications
FINANCIAL EXAMINER I:
Graduation from an accredited four-year college or university with major course work in business administration, finance, accounting, economics, or a related field is generally preferred.
One year of experience in compliance, regulation, legal, audit, or financial analysis is preferred.
FINANCIAL EXAMINER II:
Graduation from an accredited four-year college or university with major course work in business administration, finance, accounting, economics, or a related field is generally preferred.
Minimum two years of experience in compliance, regulation, legal, audit, or financial analysis is required.
Completion of a minimum of one-year on-the-job service and training relating to financial institution audit or examinations.
SPECIAL REQUIREMENTS:
Position may require at least 10% overnight travel.
Must possess or obtain within six months a valid Texas Driver License. Satisfactory driving record, credit and criminal background check.
KNOWLEDGE, SKILLS AND ABILITIES:
Knowledge of compliance procedures/practices; mortgage industry terminology and practices; business operating procedures; and management control and internal reporting techniques.
Extensive personal computer skills, including spreadsheet and work processing software.
Ability to examine or inspect records, operation procedures, and documents; draft clear and concise reports and correspondence regarding findings; and apply relevant rules, regulations and statutes.
Ability to work independently, meet deadlines, and handle multiple tasks.
Strong analytical and critical thinking skills.
Attention to detail.
Ability to maintain confidentiality and handle sensitive information.
NOTE:
This position may require additional work hours, including evenings, weekends, and/or holidays to meet critical deadlines.
The job posting in no way states or implies that the duties listed above are all inclusive. Employees are required to perform other duties as assigned.
External male applicants who are 18-25 years of age will be required to furnish proof of registration or exemption from registration with the Selective Service System as a condition of State Employment.
All offers of employment are contingent upon the candidate having a legal right to work in the United States. Failure to present such authorization within the time specified by the U.S. Department of Labor will result in the offer being rescinded.
All offer of employment are also contingent upon satisfactory credit and criminal background check.
Resumes and cover letters are optional. Resumes are not accepted in lieu of a completed application.
To request physical accommodations, contact Human Resources at (512) 475-0614 or humanresources@sml.texas.gov
E-Verify - This organization participates in E-Verify. This employer will provide the Social Security Administration (SSA), and if necessary, the Department of Homeland Security (DHS), with information from each new employee's for I-9 to confirm work authorization.
Department of Savings and Mortgage Lending is an Equal Opportunity Employer