What are the responsibilities and job description for the Large Bank Financial Examiner (Hybrid) position at Indiana BMV?
The Job
The agency seeks motivated and high-performing candidates to assess the financial condition and risk mitigation strategies of some of Indiana’s largest and most complex financial institutions. Individuals in this role become immersed in complex financial transactions, risk management and mitigation strategies, enterprise risk management programs, corporate governance practices, and the assessment of financial performance in ever-evolving and growing financial institutions. The large and unique financial institution portfolio encompasses financial institutions with product lines and business strategies that may differ from a traditional community bank platform and / or, due to the financial institution’s size, require a different and more in-depth regulatory oversight process. Examiners will interact routinely with senior management officials of Indiana’s largest financial institutions and serve as a critical contributor to an interagency team.
An ideal candidate would have, at a minimum, a basic background in banking, financial services, or risk management, where they have assessed risk management programs, financial performance, and / or have experience in conceptualizing inherent and residual risks in financial activities.
About The Indiana Department of Financial Institutions :
The Indiana Department of Financial Institutions (DFI) works to promote the growth and prosperity of Indiana communities through effective and common-sense regulation. The agency’s mission is to ensure depositors' funds are safe while providing an Indiana-centric perspective and expertise in financial institution regulation rather than a “one-size-fits-all” approach.
Examiners at the agency work in the dynamic and ever-evolving financial services industry, often working with entities on the leading edge of market participation. The agency has adopted a hybrid work environment, with examiners working on-site at financial institutions, in the agency’s main office, and from their homes. While a hybrid work schedule is in place, the majority of activities are conducted on-site at the financial institutions in the portfolio, with some overnight travel necessary.
Supervisory Responsibilities / Direct Reports :
This role will not have any direct reports and will report to the Large and Unique Institutions Senior Field Manager.
Benefits of Employment with the State of Indiana :
The State of Indiana offers a comprehensive benefit package for full-time employees, which includes :
- Well-defined career progression opportunities
- Three (3) medical plan options (including RX coverage) and vision / dental coverage
- Wellness program (offers gift cards for certain milestones)
- Health savings account (includes bi-weekly state contribution)
- Deferred compensation account (similar to 401k plan) with employer match
- Two (2) fully-funded pension plan options
- Group life insurance
- Employee assistance program that allows for covered behavioral health visits
- Paid vacation, personal and sick time off
- Competitive leave policies covering a variety of employee needs
- 12 company paid holidays, 14 on election years
- An alternative work program that allows an employee to have every other Friday off
- Qualified employer for the Public Service Loan Forgiveness Program
- New Parent Leave
- Free Parking
- Free LinkedIn Learning
Salary :
This position is considered a Senior Examiner position, with an expected minimum starting salary of $75,000 for someone with the requisite requirements. Senior examiner positions are available for those individuals with experience deemed appropriate for those levels, and compensation may be adjusted based on relevant experience.
Equal Employment Opportunity :
The State of Indiana is an Equal Opportunity Employer.
Employment Type : Full Time
Years Experience : 3 - 5 years
Salary : $70,000 - $90,000 Annual
Bonus / Commission : No
Salary : $70,000 - $90,000