What are the responsibilities and job description for the Dept Banking - Financial Examiner II - III: Commercial Bank Examiner position at TEXAS DEPARTMENT OF BANKING?
Working Title: Financial Examiner II – III: Commercial Bank Examiner
State Classification: Financial Examiner II - III
Class No. / Sal Grp: U1102 – U1104 / EE00
Monthly Salary: FE II - $5,989.00 / FE III - $6,483.00
(Salary/Classification Commensurate with Qualifications)
Location: Dallas, Houston, San Antonio, Lubbock
FLSA Status: Non-Exempt / Exempt
Overnight Travel: Extensive Travel - Up to 50%
Mission:
The mission of the Texas Department of Banking is to ensure Texas has a safe, sound, and competitive financial services system.
General Description:
Works as part of a team that examines the financial condition of state-chartered banks by following approved Departmental policies and procedures. Reviews and analyzes bank records to determine the bank's financial condition and compliance with laws, regulations, supervisory guidelines, and internal policies and procedures. Actively participates in on-the-job training and formal training to acquire basic banking knowledge and bank supervisory skills. Participates in training designed to enhance oral and written communication skills, acquire fundamental analytical skills, and develop strong work ethics. Uses personal computer for various operations and to assist in preparing reports.
- Complete all detail assignments with limited supervision.
- Demonstrate knowledge of regulatory policies, procedures, laws and regulations.
- May assist in the examination of trust companies or information technology departments.
- Act as assistant examiner-in-charge (AEIC) at most financial institutions. May also act as the EIC, under direct supervision, at smaller, non-problem financial institutions.
- Review pre-examination data and assist with analyzing, evaluating, and interpreting information to assess capital, asset quality, management, earnings, liquidity, and sensitivity to market risk.
- Prepare examination related documents such as workpapers and procedures.
- Attend or participate in meetings with bank personnel, management, and boards of directors.
- Interact with and interview bank personnel of various levels to obtain information and documents, determine awareness of poli-cies, practices, and laws and regulations, and provide feedback regarding examination activities.
- Prepare written comments and conclusions of CAMELS component areas when acting as the AEIC.
- Complete assigned tasks in a thorough and timely manner.
- Attend all assigned schools and training seminars in the prescribed training matrix.
- Communicate examination findings to bank management and boards of directors, under direct supervision.
- Develop a basic understanding of financial and credit analysis, with direct supervision. Obtain needed information from man-agement through loan discussions to make an informed credit evaluation decision in a non-complex situation. Prepare written summarizations of criticized or adversely classified assets.
- All job duties listed above.
- Effectively prepare both the operational portion of the examination report and a thorough tieback before submission to the re-gional office.
- Achieve general understanding of financial and credit analysis. Supervision for the Senior Assistant is primarily limited to training on large, complex, or unusual loan relationships or situations.
- Assist in the supervision, training, and evaluation of subordinate personnel.
- Performs related work as assigned.
Required Minimum Qualification:
Experience and Education Requirements:
- Graduation from an accredited four-year college or university with major course work in finance, accounting, economics, business administration or job-related field with a minimum of six hours in accounting, nine hours preferred, to include basic and / or intermediate accounting courses.
- Must have a minimum grade point average of 2.50 on a 4.0 scale for all accounting hours.
- Must have a minimum overall grade point average of 2.75 on a 4.0 scale.
- A graduate degree in finance, accounting, business administration, economics, or job-related field may substitute for an undergraduate degree that is not business related.
- One-year progressive, responsible experience in the regulation, examination, and analysis of financial institutions.
- Same Educational requirements of a Financial Examiner II (above)
- Satisfactory completion of all loan procedures, numerous times, and performed EIC assignments a sufficient number of times.
- Successful completion (or scheduled to take) of bank operations, credit, and EIC schools, or their equivalents.
- Two years progressive, responsible experience in the regulation, examination, and analysis of financial institutions.
Copy of official college transcripts must be submitted with The State of Texas Application for Employment.
- Work experience with a financial institution desired.
- Bilingual in Spanish and English with the ability to communicate well, both verbally and in writing.
- Position requires at least 50 % overnight travel.
- Must possess or obtain within 90 days a valid Texas Driver’s license. Satisfactory driving records are required for driving any vehicle to conduct agency business. Final applicants must certify that personally owned vehicles used for agency business have Texas minimum liability coverage and a valid state inspection.
- This position requires that the incumbent demonstrate strong personal financial responsibility and integrity.
- Final applicants may be subject to an employment credit check, driving record check, and criminal background check.
- Applicants selected for an interview may be asked to complete a work style profile.
- Demonstrates clear and effective oral and written communication skills.
- Possesses working knowledge in the use of personal computers, especially word processing and spreadsheet programs.
- Accuracy in performing mathematical and financial calculations.
- Skill in collecting, analyzing, and documenting research data.
- Skill in preparing accurate written reports on research findings.
- Ability to maintain effective working relationships with supervisors, co-workers, team members, regulated entity employees, and the public.
- Ability to be self-motivated and follow established procedures involved in examinations and
- understand the overall operations involved.
- Ability to learn moderately complex technical issues and maintain complex records.
- Ability to learn to analyze financial statements, reports, records, and forms.
- Ability to read, comprehend and apply rules and statutes regulating the banking industry.
- Ability to maintain confidentiality and handle sensitive information.
Physical Requirements and/or Working Conditions:
The physical demands described here are represented of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This position requires the incumbent to primarily perform sedentary office work; however, mobility (standing and walking) is routinely required to carry out some duties. It requires extensive computer, copiers, printers, telephone, and client/customer contact. The job also requires normal cognitive abilities requiring the ability to learn, recall, and apply certain practices and policies. It requires the stamina to maintain attention to detail despite interruptions. Marginal or corrected visual, speech and auditory requirements are required for reading printed materials and computer screens and communicating with internal and external customers.
- Regular and punctual attendance.
- Frequent use of personal computer, copiers, printers, and telephones.
- Frequent sitting.
- Frequent work under stress, as a team member, and in direct contact with others.
- Position requires up to 50% overnight travel.
How to Apply:
To submit your application for employment, select Apply Online. Create and/or Login to your on- line applicant profile and electronically submit your State of Texas Application for Employment.
All applications must contain complete job histories, which includes job title, dates of employment, name of employer, supervisor's name and phone number and a description of duties performed. If this information is not submitted, your application may be rejected because it is incomplete. Resumes do not take the place of this required information.
Applications Submitted through Work in Texas:
Applicants may submit applications through Work in Texas (WIT), however applicants must complete the supplemental questions in CAPPS Recruit to be considered for the position. In order to complete the supplemental questions, please register and/or login to CAPPS Recruit and access your profile. Go to CAPPS Recruit to Sign In (Link: https://capps.taleo.net/careersection/ex/jobsearch.ftl?lang=en) .
Transcripts:
If education is used to meet the minimum requirements of the job posting, a copy of college transcript(s) issued from the registrar must be uploaded in CAPPS for your application to be considered complete. Foreign education credentials must be evaluated by a NACES or AICE member credential evaluation service. Please contact jobs@dob.texas.gov immediately if you are having difficulty uploading transcripts to your application.
Military Crosswalk: https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AccountingAuditingandFinance.pdf
Remarks: State law prohibits any employee of the Department from being or becoming “directly or indirectly indebted to, or financially interested in an entity supervised or regulated by the Banking Commissioner.” See Texas Finance Code, Section 12.107. Those selected for an interview will be contacted by telephone. Final male applicants between the ages of 18 to 26 will be required to furnish proof of registration or exemption from registration with the selective service system.
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 Form I-9 to confirm work authorization.
The Texas Department of Banking is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, national origin, veteran status, age or disability in employment or the provision of services. A disabled individual requiring reasonable accommodation shall not be denied opportunity due to the disability. The applicant should contact Human Resources if reasonable accommodation is required during the application process at (512) 475-1345.
Salary : $5,989
