Financial/Credit Examiner III: DORA/Division of Banking

Although this position will be designated under the department’s hybrid workplace program, it will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business need.  

The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado.

Consumer protection is our mission.

DORA values and promotes diversity, supporting a workplace that is inclusive of people from different backgrounds and experiences; creating an environment that is reflective of our communities; promoting positive relationships; and putting forth unique perspectives to fulfill our mission. 

• 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.

The Division of Banking protects the public interest and preserves public trust in the Colorado banking industry by regulating the business of state-chartered commercial banks and trust companies, state-licensed money transmitters, and enforcing the Public Deposit Protection Act.

Position: SCA 2060

This position is responsible for regulating and reporting on the safety and soundness of banks by planning, organizing and managing assigned examination personnel; supervising the preparation of the report of each examination; ensuring the examination is thorough and complete, including holding the assigned team accountable in the performance of their duties; independently evaluating the adequacy, effectiveness and efficiency of the systems within a financial entity and assessing the quality of ongoing operations; as well as providing reasonable assurance that bank assets are safeguarded, information is timely and reliable, and that errors/violations are corrected promptly to safeguard the public interest.

Duties include, but are not limited to:

• Serving as the Examiner-in-Charge (EIC) on commercial bank examinations, functioning as the work leader over assigned examiners, which includes determining examination objectives/areas for review; performing pre-exam scoping and determining what areas of the bank present the highest risk factors; as well as determining what staffing resources are needed to adequately assess these risks through the examination process;
• Setting priorities that ensure the completion of assigned tasks within the allotted timeframes, and contributing to the development of subordinate staff by ensuring trainees receive assignments to further their professional development;
• Preparing and reviewing complex examination work papers to ensure 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;
• Providing interpretations of rules and regulations to examiners and institution management during the examination;
• Supervising the preparation of the written report of examination,  and finalizing the report for submission to the Caseload Manager;
• Communicating examination findings with bank management and/or the board of directors, addressing strengths as well as weaknesses noted, and recommending corrective actions when necessary and appropriate;
• Performing off-site monitoring on a caseload of commercial banks each quarter, and completing written reports to highlight both positive and negative ratios and trends, as well as background developments that result in any major concerns and conclusions regarding the overall financial condition of the bank. 

MINIMUM QUALIFICATIONS (MQs):

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 of professional* auditing/examination experience with a domestic state or federal commercial bank, and/or with a state or federal banking regulatory body.

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, statistics or finance; AND
• Six (6) years of full-time professional* auditing/examination experience with a domestic state or federal commercial bank, and/or with a state or federal banking regulatory body.

OR

• Bachelor’s Degree and Experience: Graduation from an accredited college or university with a bachelor's degree in  accounting, business administration, economics, statistics or finance; AND
• Four (4) years of full-time professional* auditing/examination experience with a domestic state or federal commercial bank, and/or with a state or federal banking regulatory body.

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

SUBSTITUTIONS:

• Partial credit toward the degree requirement will be given for completed college/university coursework that did not result in a degree.  A master's or doctorate degree from an accredited college or university in a field of study related to the work assignment will substitute for one (1) year of the required professional* experience. 

*Professional work involves exercising discretion, analytical skill, judgment and personal accountability and responsibility for creating, developing, integrating, applying, and sharing an organized body of knowledge that characteristically is: uniquely acquired through an intense education or training regimen at a recognized college or university; equivalent to the curriculum requirements for a bachelor's or higher degree with major study in or pertinent to the specialized field; and continuously studied to explore, extend, and use additional discoveries, interpretations, and application and to improve data, materials, equipment, applications and methods. 

Preferred Qualifications:

• Certified Public Accountant (CPA);
• Experience working with and knowledge of the Uniform Financial Institutions Rating System (UFIRA), Uniform Interagency Trust Rating System (UITRS), and Non-depository Trust Company Rating System (NTCRS);
• Demonstrated experience working in a commercial banking environment, strategizing and coordinating operations while ensuring compliance with laws;
• Demonstrated experience working in a commercial banking environment performing risk management and/or internal auditing;
• Auditing or examination experience with a state or federal financial institution regulatory body (OCC, FDIC, FRB, or a state banking regulatory agency);
• Experience as a Commissioned Bank Examiner assisting, conducting or directing examinations of insured depository institutions to determine their financial condition; evaluate management; and determine the safety, soundness and risk posed to consumers;
• Demonstrated experience interpreting Colorado banking statutes, laws and regulations.

Required Competencies: The following knowledge, skills, abilities, and personal characteristics are required competencies and may be considered during the selection process (including examination and/or interview):

• Demonstrated ability to direct, coordinate, and review the work of others;
• Demonstrated written communication skills, including the ability to convey information to various stakeholders in a clear, accurate, and concise written manner;
• Demonstrated verbal communication skills, including the ability to effectively convey information to audiences in a concise manner;
• Demonstrated attention to detail;
• Critical thinking and analysis skills, including having the ability to evaluate and analyze information in order to apply knowledge and to determine cases of non-compliance;
• Demonstrated knowledge of the banking industry (theory and practice);
• Demonstrated prioritization skills, including planning, organizing tasks, and managing work assignments;
• Demonstrated time management skills, including the ability to multi-task to effectively manage competing and constantly changing priorities in order to meet tight deadlines;
• Demonstrated ability to understand and abide by workplace principles, practices and behaviors as internally identified and defined by the division and department;
• Demonstrated ability to read, understand, interpret, apply, and explain laws, rules, policies, and procedures;
• Sound judgment and the confidence to make decisions on a routine basis;
• Ability to travel independently, including work in-office, as required by business needs and scheduled by the supervisor;
• Integrity and high ethical standards;
• Accountability, reliability, including attendance;
• Ability to maintain confidential, controversial, or sensitive information;
• Self-starter, including the ability to work independently, learn new processes, utilize own knowledge and that of supervisor, and complete work with minimal supervision;
• Demonstrated professional demeanor;
• Knowledge and understanding in the use of PC software applications including Microsoft Office (Access, Word, Excel, etc.), and Google Suite (Doc’s, Sheets, Slides, etc).

Conditions of Employment: Candidates who fail to meet the conditions of employment will be removed from consideration.

• The successful passing of a reference check and/or, if required, a background check.
  1. A reference check may include but is not limited to: contacting previous and current supervisors to verify employment and discuss performance, a review of the personnel file, a review of the performance record, a review of job-related public information,etc.
  2. The type of background check depends on the job duties of the position, and can include a review of any criminal record, credit report, and/or driving record.
• Ability to travel independently, including work in-office, as required by business need and scheduled by the supervisor.
• Effective September 20, 2021, employees will be required to attest to and verify whether or not they are fully vaccinated for COVID-19. Employees who have not been fully vaccinated may be required to submit to serial testing in the future. Upon hire, new employees will have three (3) business days to provide attestation to their status with proof of vaccination. Vaccinated employees must provide proof of vaccination.
• Note: Fully Vaccinated means two (2) weeks after a second dose in a two-dose series of the COVID-19 vaccine, such as the Pfizer or Moderna vaccine, or two (2) weeks after the single-dose vaccine, such as Johnson & Johnson’s Janssen vaccine, as defined by the most recent State of Colorado’s Public Health Order and current guidance issued by the Colorado Department of Public Health & Environment.
• Applicants must possess and maintain a valid driver's license and the ability and willingness to travel independently in own vehicle.
• This position requires the ability to travel in and out of the state. The amount and frequency of the travel will be determined based on the needs of the examination unit. Travel is required up to 40% of the time, including staying out over weekends when required.
• Position requires the ability to transport equipment including, but not limited to, laptop computers, printers, manuals and supplies.

Interested individuals must submit the following online:

1. A completed State of Colorado Application (log-in to your current NeoGov account or create a NeoGov account to complete the online application). Note: Incomplete applications, including incomplete work history sections or "see résumé," "see attachment," or "see addendum" statements, will not be accepted in lieu of a completed application form.

2. A current email address on your application, as all communication pertaining to this position will be conducted via email. Please set up your email to accept messages from info@governmentjobs.com and '@state.co.us' addresses, and check your email often. Note: The department cannot guarantee the successful delivery of email, including incorrect filtering into junk mail folders.

3. A detailed cover letter, explaining how you meet the required competencies and how your accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make you a good fit for this position; you may also attach additional documents that demonstrate this.

Comparative Analysis Process: Structured Application Review
Part of, if not the entire, comparative analysis process for this position will involve a review of the information you submit in your application materials; Therefore, it is paramount that in the experience portion of your application and cover letter, you describe the extent to which you possess the education, experience, and competencies outlined in the job announcement as well as the required and/or preferred qualifications/competencies. You are also encouraged to attach additional documents to that effect. Failure to include adequate information or follow instructions may affect your score and prevent you from competing in subsequent measures used to arrive at a top group of applicants.

Veterans' Preference: Candidates who wish to assert Veterans' Preference should attach a copy of their DD-214 to their application. Failure to do so will result in being denied Veterans Preference.

PLEASE NOTE: Former State Personnel System employees who were disciplinarily terminated or resigned in lieu of termination must disclose this information on the application.  Colorado Revised Statutes require that all state employees be hired and promoted through competitive examination of merit and fitness.  Failure to include the required information, failure to follow instructions, and/or failure to submit materials by the application deadline may result in your application not being considered for the position and may affect your score or inclusion in the final pool of qualified candidates.

The State of Colorado believes that equity, diversity, and inclusion drive our success, and
we encourage candidates from all identities, backgrounds, and abilities to apply. The State
of Colorado is an equal opportunity employer committed to building inclusive, innovative
work environments with employees who reflect our communities and enthusiastically serve
them. Therefore, in all aspects of the employment process, we provide employment opportunities to
all qualified applicants without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity or expression, pregnancy, medical condition related to pregnancy, creed, ancestry, national origin, marital status, genetic information, or military status (with preference given to military veterans), or any other protected status in accordance with applicable law.

DORA is committed to the full inclusion of all qualified individuals. As part of this
commitment, our agency will assist individuals who have a disability with any reasonable
accommodation requests related to employment, including completing the application
process, interviewing, completing any pre-employment testing, participating in the
employee selection process, and/or to perform essential job functions where the requested
accommodation does not impose an undue hardship. If you have a disability and require
reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to our ADAAA Coordinator, Rachael Alkayali, at dora_hr@state.co.us or call (303) 894-2441.

APPEAL RIGHTS:
If you receive notice that you have been eliminated from consideration for this position, you may file an appeal with the State Personnel Board or request a review by the State Personnel Director. 

An appeal or review must be submitted on the official appeal form, signed by you or your representative. This form must be delivered to the State Personnel Board by email, US Mail, faxed or hand-delivered within ten (10) calendar days from your receipt of notice or acknowledgment of the department’s action.

For more information about the appeals process, the official appeal form, and how to deliver it to the State Personnel Board go to spb.colorado.gov or refer to 4 Colorado Code of Regulations (CCR) 801-1, State Personnel Board Rules and Personnel Director's Administrative Procedures, Chapter 8, Resolution of Appeals and Disputes, at spb.colorado.gov under Rules.   

Salary : $6,138 - $7,970