Bank Examiner-Multiple Vacancies

State of Maine • Gardiner, ME

3d • Hybrid

About The Position

Every day, people rely on banks and credit unions to safeguard their money, provide loans, and support their financial goals. As a Bank Examiner in the Maine Bureau of Financial Institutions, you’ll help ensure these institutions operate safely and responsibly, protecting not just dollars and cents but the trust and economic stability of individuals and businesses across Maine. As financial institutions subject to the Bureau of Financial Institutions’ jurisdiction are located state-wide and, in some cases, out of state, candidates must have access to reliable transportation. Some overnight state-wide travel and some out-of-state travels are required. Overnight travel averages 15-20% of an examiner’s work year, depending upon assignments and location of residence. Primary responsibilities include: As you develop your skills, you may work as an examiner-in-charge.

Requirements

• A Bachelors Degree in Accounting, Finance, Economics, Business Administration, or related Bachelors Degree with coursework in these areas -OR- an equivalent amount of experience in accounting, auditing, economics, business administration, or banking.
• If work experience is used in lieu of education, it must be at the professional level in the areas indicated.
• An understanding of accounting and auditing principles, practices, and procedures.
• Analytical expertise – you are able to analyze management practices, accounting data, loan and investment portfolio data, and other information necessary to conduct an examination.
• Problem-solving mindset – you can develop actionable recommendations to correct deficiencies noted.
• Candidates must have access to reliable transportation.

Nice To Haves

• Preference will be given to those applicants:

Responsibilities

• Evaluate the securities portfolios of financial institutions to determine the quality and market value.
• Examines, correlates, and adjusts asset, liability, and capital numbers from financial institution records to ensure their correctness and place them in a uniform format.
• Analyzes earnings and dividends from reports to determine the accuracy and to prepare necessary schedules.
• Evaluate deposits, deposit trends, and other liabilities to determine and prepare required schedules.
• Evaluate installment, real estate, and commercial loans to determine the value as a book asset and prepare required schedules.
• Review examination results with financial institution management to inform management of findings and to determine unsafe and unsound banking practices and necessary corrective action.
• Analyzes the asset/liability management practices of financial institutions.
• Evaluate the quality of a financial institution’s audit program.
• Evaluate the effectiveness of internal controls.
• Determines compliance with laws and regulations

Benefits

• 13 paid holidays
• 12 days of sick leave
• 3+ weeks of vacation leave annually
• Health Insurance Coverage – The State of Maine pays 85%-95% of employee-only premiums ($11,196.96 - $12,514.32 annual value), depending on salary.
• Dental Insurance – The State of Maine pays 100% of employee-only dental premiums ($387.92 annual value).
• Retirement Plan – The State contributes the equivalent of 14.11% of the employee's pay towards the Maine Public Employees Retirement System (MainePERS) for MSEA, or 18.91% for Confidential employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level