Financial Examiner

Introduction

The�State of Connecticut, Department of�Banking (DOB)�is now accepting applications for multiple exciting�Financial Examiner�opportunities in Hartford, CT!� WHAT WE OFFER Visit our�new�State Employee Benefits Overview�page! Work at a Forbes-recognized company! Connecticut is proud to be featured on both�America's Best Employers by State�and�Best Employers for New Grads�in 2024. With our dynamic job market and commitment to fostering a thriving workforce, Connecticut stands out as a top destination for both seasoned professionals and fresh graduates seeking to launch their careers.� Professional growth and development opportunities A healthy�work/life balance�to all employees POSITION HIGHLIGHTS Full time, 40 hours per week Monday through Friday schedule First shift hours A hybrid schedule (combination of in-office and telework) will be available based on business needs, in accordance�with the�Telework Policy� Location: 260 Constitution Plaza Hartford, CT� POSITION DETAILS The Financial Examiner position will independently conduct routine examinations and investigations or participate as a member of a team on larger and more complex examinations and investigations. � The selected candidate will:�� Conduct or assist in inquiries, investigations, and/or examinations of mortgage lenders, brokers, or servicers; student loan servicers; or other entities regulated by the Consumer Credit Division. Investigate consumer complaints regarding complex or specialized issues in the conduct and delivery of services by regulated entities as necessary Review, analyze, and assess financial and operational documentation, including bank and financial statements and reports, loan files, investments, management policies, consumer complaints, risk management programs, advertising, licensing information, and other records� Investigate, research, and document apparent violations of applicable laws and contraventions of policy� Interact and communicate with both industry as well as internally to review issues and findings� Write reports and communicate report findings to stakeholders in examination and application processing� Collect and analyze information relating to the application review process including financial and operational documentation, compliance with statutes, etc.� Analyze and assess compliance with federal and state laws and regulations� Learn and utilize the Nationwide Multi-state Licensing System (NMLS), the State Exam System (SES), and the e-license system.

Selection Plan

FOR ASSISTANCE IN APPLYING:� Check out our Applicant Tips on How to Apply! Need more resources? Visit our Applicant Reference Library for additional support throughout the recruitment process.� BEFORE YOU APPLY:� Meet Minimum Qualifications: Ensure you meet the Minimum Qualifications listed on the job opening by the job closing date. You must specify your qualifications on your application. The minimum experience and training requirements listed must be met by the close date on the job opening, unless otherwise specified. � Educational Credits: List your earned credits and degrees from accredited institutions accurately on your application. To receive educational credits towards qualification, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the contact listed below. Resume Policy: Per Public Act 21-69, resumes are not accepted during the initial application process. As the recruitment process progresses, candidates may be required to submit additional documentation to support their qualification(s) for this position. This documentation may include: a cover letter, resume, transcripts, diplomas, performance reviews, attendance records, supervisory references, licensure, etc., at the request and discretion of the hiring agency.� Preferred Shift/Location:�Select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location or shift.� Timely Submission: All application materials must be received by the job posting deadline. You will be unable to make revisions once you officially submit your application to the State. �Late submissions are rarely accepted, with exceptions only for documented events that incapacitate individuals during the entire duration of the job posting. Request exceptions by emailing DAS.SHRM@ct.gov.� Salary Calculations: For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e., Executive, Legislative, Judicial) to the other.� Note: The only way to apply to this posting is via the ‘Apply’ or ‘Apply Online’ buttons on the official State of Connecticut Online Employment Center job posting. AFTER YOU APPLY:� Referral Questions: This posting may require completion of additional Referral Questions (RQs), which must be completed by the questionnaire’s expiration date. If requested, RQs can be accessed via an email sent to you after the job close date or by visiting your JobAps Personal Status Board (Certification Questionnaires section).��� Prepare For An Interview: Interviews are limited to those whose experience and training are most aligned with the role. To prepare, review this helpful Interview Preparation Guide to make the best impression!� Stay connected! Log in daily to your JobAps Personal Status Board to track your status and check email (including spam/junk folders) for updates and tasks.�� The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.�� Note: This position will be filled in accordance with contractual language, reemployment, SEBAC, transfer, promotion and merit employment rules. Candidates who are offered and accept a position with the State of Connecticut are bound by the State Code of Ethics for Public Officials and State employees, available at www.ct.gov/ethics. QUESTIONS? WE’RE HERE TO HELP:� Due to high volume, we are unable to confirm receipt or provide status updates directly. For recruitment updates, please check your Personal Status Board and review our Frequently Asked Questions. If you have additional questions about the recruitment process, reach out to Hayley Newhouse at hayley.newhouse@ct.gov. Join the State of Connecticut and take your next career step with confidence!

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Department of Banking this class is accountable for independently performing a full range of tasks in the examination and investigation of financial entities regulated by the Department of Banking.

EXAMPLES OF DUTIES

Conducts or assists in the conduct of examinations and investigations of domestic and international banks, credit unions, broker-dealers, investment advisers, mortgage companies, consumer lenders and other financial entities;� Assesses financial condition and/or regulatory compliance by reviewing financial and operational documentation, including financial statements and reports, loan files, investments, management policies, consumer complaints, risk management programs, advertising, licensing information and other records;� Researches and documents apparent violations of applicable laws and contraventions of policy;� Communicates with industry and department managers to review issues and findings;� Assists in enforcement activities such as drafting subpoenas and interviewing witnesses;� Provides guidance to public on industry regulatory requirements and business practices through consumer complaint resolution and outreach activities;� Reviews and makes decisions on non-routine license and registration applications;� Prepares exam and investigation reports and correspondence;� May provide guidance to lower level staff regarding examining procedures and techniques;� May work with prosecuting attorneys and testify with regard to examinations or investigations;� Performs related duties as required.

KNOWLEDGE, SKILL AND ABILITY

Knowledge of� the organization, operations and business practices of financial entities such as banks, credit unions, trust companies, broker-dealers, investment advisors, mortgage companies and other non-bank grantors of credit;� principles and practices of accounting, auditing and finance;� laws applicable to regulated entities;� regulatory and investigative procedures and techniques;� Ability to� interpret and apply applicable statutes and regulations;� utilize computer software; Skills oral and written communication skills;� interpersonal skills.�

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

Six (6) years of experience in the regulation of financial entities or in accounting, auditing, banking or finance. NOTE: Financial entities are defined as domestic and international banks, credit unions, broker-dealers, investment advisors, mortgage companies and consumer lenders.

MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE

Two (2) years of the General Experience must have been at the paraprofessional level. NOTE: This experience is interpreted as work requiring the exercise of some independent judgment in the application of basic principles and practices of accounting, auditing, banking, finance or the regulation of financial entities.

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

Successful completion of an Accounting Careers Trainee program approved by the Department of Administrative Services may be substituted for the General Experience and Special Experience. Successful completion of a Connecticut Careers Trainee program approved by the Department of Administrative Services may be substituted for the General Experience and Special Experience. College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor’s degree. A Master’s degree in business, accounting, finance or closely related field may be substituted for one (1) additional year of the General Experience.

PREFERRED QUALIFICATIONS

Experience with mortgage origination, mortgage servicing, or student loans.� Experience with consumer financial protection laws. Experience conducting examinations or compliance audits. Experience communicating both verbally and in writing with all levels of the organization.

SPECIAL REQUIREMENTS

Incumbents in this class may be required to travel. Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator’s license.

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.

ACKNOWLEDGEMENT

As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes.� As such, a job class is not meant to be all-inclusive of every task and/or responsibility.

Salary : $78,296 - $101,215