Bank and Credit Union Examiner

State of Indiana•Indianapolis, IN

11d

About The Position

The Bank and Credit Union Examiner assists in examining the safety and soundness of Indiana state-chartered banks and credit unions. The role assesses financial performance, inherent risk levels, and risk-management practices to help ensure institutions operate safely and soundly, protect consumers’ deposits, and support a strong Indiana economy. Examiners assess institutional risk in a changing economic environment and perform examination work individually and collaboratively to determine solvency and compliance with state laws and regulations. The examiner develops and executes examination plans informed by off-site surveillance, may serve as Examiner-In-Charge of a variety of institutions, and works directly with senior management teams and Boards of Directors. The position also collaborates with FDIC and Federal Reserve Bank examiners. It requires travel, including some overnight travel, primarily within Indiana. Essential functions require travel on most workdays to examine regulated entities and prepare reports at their sites or the employee’s home. The employee reports to the agency office for occasional meetings or events. Work hours may vary to accommodate operational needs. This exempt position may require work beyond 75 hours in a pay period without additional compensation.

Requirements

A degree is required; no specific degree level is stated.
Ability to complete agency-specific training programs.
Broad knowledge of computer applications, including examination software, internal DFI software, and external applications used to research, gather, and analyze examination activities.
Ability to conduct examinations and prepare examination reports.
Ability to identify, apply, and interpret applicable laws, regulations, policies, examination policies, and procedures.
Ability to train less experienced examiners.
Ability to analyze and interpret data and records.
Effective oral and written communication skills.
Ability to use tact and persuasion when dealing with institution managers and staff.
Ability to travel across or within an assigned region of Indiana.
For Depository Division assignments, ability to use Examination Tools Suite (ETS) to develop loan-review samples.
Ability to perform essential functions with or without reasonable accommodation.
Willingness to travel on most workdays, including some overnight travel.

Responsibilities

Conduct examinations of large and complex financial institutions, including safety-and-soundness and regulatory-compliance examinations.
Serve as Examiner-In-Charge for examinations, including those of high-risk institutions, and oversee staff to ensure examination procedures are followed.
Develop examination plans and adjust the examination scope based on analysis of loan portfolios, credit risk, management systems, off-site monitoring, and on-site findings.
Submit accurate and timely examination reports, discuss findings, and recommend corrective or compliance procedures.
Determine institutional ratings and design corrective programs with guidance.
Identify credit risks through loan-review sampling and use Examination Tools Suite (ETS) to develop samples consistent with department goals.
Act as Central Point of Contact for complex institutions, using off-site monitoring and on-site examinations to identify risks and trends.
Coordinate on-site visits and attend board and management meetings as needed with supervisory approval.
Examine complex depository institutions and other regulated entities, including lenders, pawnbrokers, and money transmitters, for compliance with state and federal consumer credit laws and regulations.
Serve as a subject matter expert on statutes and examination procedures and provide guidance to institutions on achieving and maintaining compliance.
Work collaboratively with FDIC and Federal Reserve Bank examiners.
Travel to regulated entities to inspect, audit, examine, survey, or investigate, and prepare reports at those sites or the employee’s home.
Perform other duties and responsibilities as assigned; the role may be used in a supervisory capacity based on agency needs.

Benefits

Three medical plan options with prescription coverage, plus vision and dental plans.
Wellness Rewards Program with gift card rewards for completing wellness activities.
Health savings account with biweekly state contributions.
Deferred compensation 457(b) account with employer match.
Two fully funded pension plan options.
Paid leave, including 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers.
Up to 15 hours of paid community service leave.
Combined 180 hours of paid vacation, personal, and sick leave.
12 paid holidays, or 14 in election years.
Education reimbursement program.
Group life insurance.
Referral bonus program.
Employee assistance program with covered behavioral health visits.
Qualified employer for the Public Service Loan Forgiveness Program.
Free parking for most positions.
Free LinkedIn Learning access.