BANK EXAMINER I - UMP

State of Illinois•Springfield, IL

About The Position

Under direct supervision, receives training and works under an examiner-in-charge to assist in conducting selected, less complex portions of bank, corporate fiduciary, data processing center and/or service provider examinations assigned to the Banks, Trusts Companies and Savings Institutions Section in the Division of Banking. Gathers information; analyzes and evaluates data and provides written reports. Travels extensively to assigned facilities for examinations. This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.

Requirements

Requires knowledge, skill, and mental development equivalent to completion of four years of college with courses in accounting, corporate finance, banking, and monetary theory.
Requires successful completion of the Financial Institutions Examiner Trainee program.
This class is included as an Upward Mobility Program credential title.
Requires the ability to pass an agency conducted background check.
Requires ability to travel frequently and extensively, both in and out-of-state.
Requires a valid appropriate driver's license and access to a vehicle for travel.
Certain provisions of the revolving door restrictions contained in 5 ILCS 430/5-45 apply to this position.
This position has been found to meet the requirements in section 4A-101 of the Illinois Governmental Ethics Act requiring the occupant/employee to file a Statement of Economic Interest.

Nice To Haves

Prefers two years of Bank Examination Experience with Federal or State Agency.
Prefers one year of Bank Examination Experience with successful completion of the FDIC Introduction to Exam School or equivalent.
Prefers one year of Bank Examination Experience with successful completion of the FDIC Asset Liability Management School or equivalent.
Prefers one year of Bank Examination Experience with successful completion of the FDIC Financial Institution Analysis School or equivalent.

Responsibilities

Under direct supervision and in conjunction with higher-level examiners, travels to perform examinations of state-chartered banks, corporate fiduciaries, data processing centers and/or service providers assigned to the Banks, Trusts Companies and Savings Institutions Section in the Division of Banking.
Gathers information, analyzes, and evaluates the financial condition of the bank or corporate fiduciary.
Gathers information, analyzes, and evaluates trust instruments and court documents, securities, real estate loan portfolio, consumer loan portfolio, and other real estate owned, to determine the degree of risk, the adequacy and extent of compliance with policies, procedures, and internal controls, the extent of adherence to safe and sound practices, and the extent of compliance with state and federal laws, rules and regulations.
Reads the corporate minutes and by-laws of the bank, corporate fiduciary, data processing center and/or service provider and reviews the audit program and reports.
Completes examination report pages and supporting work papers, verifies arithmetic calculations and submits to superior for review, input and inclusion in completed reports.
Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

Benefits

Health, Life, vision, and dental insurance
12 weeks paid maternity/paternity leave
Pension Plan – Vesting at 10 years for Tier II
Full 20-year retirement awards free health insurance during retirement
Deferred compensation and other pre-tax benefits programs
Paid state holidays, 12-14 days annually
3 paid Personal Business Days annually
12 Paid Sick Days annually (Sick days carry over year to year)
10-25 Days of Paid Vacation time annually (10 days in year one of employment)
Personal, sick, and vacation rates modified for 12 hour work schedules (as applicable)
Employee Assistance Program and/or mental health resources