Financial/Credit Examiner I

State of Colorado • Denver, CO

1d • Onsite

About The Position

The Office of the Attorney General/Department of Law is seeking a Financial/Credit Examiner I to join the Consumer Credit Unit. This role is responsible for investigating and examining potential violations of various consumer credit protection statutes, including the Colorado Uniform Consumer Credit Code, the Federal Truth in Lending Act, and related state and federal laws. The examiner will conduct on-site, mail-in, and digital compliance examinations of various regulated entities such as retail sales companies, rent to own businesses, sales finance companies, and supervised lending companies. Key duties include preparing examination reports, conducting licensing investigations, reviewing consumer complaints, and collaborating with other unit members and legal enforcement staff. This position offers a rewarding career in public service, protecting consumers and ensuring compliance within the financial industry.

Requirements

• Five years of professional experience in consumer finance, auditing, regulatory analysis and other closely related duties.
• OR Bachelor's degree from an accredited institution AND one year of professional experience in consumer finance, auditing, regulatory analysis and other closely related duties.
• OR Master's in public administration, business administration, economics or accounting/finance.
• Proficiency with MS Office Suite.
• Financial math skills, ability to calculate and interpret loan and interest terms.
• Must have a valid CO driver's license.
• Ability to travel within and outside the State of Colorado up to 25% of the time in state with occasional out of state travel.

Nice To Haves

• Strong analytical skills.
• Demonstrated strong writing, reviewing and editing skills.
• Professional experience with report writing.
• Experience conducting compliance exams.
• Experience in interpreting and analyzing statutes, regulations and proposed legislation.
• Strong interpersonal skills and ability to communicate effectively with the public and regulated entities.
• Professional demeanor.
• Demonstrated commitment to public service.
• Relevant State of Colorado work experience.
• Experience applying the Truth in Lending Act (Regulation Z).

Responsibilities

• Investigate and examine potential violations of Colorado Uniform Consumer Credit Code (“CUCCC”), Colorado Rental Purchases Agreement Act ("RPAA"), Federal Truth in Lending Act (TILA), and related state and federal statutes.
• Prepare and conduct compliance examinations of retail sales, rent to own, sales finance, and supervised lending companies, as well as other regulated entities.
• Conduct examinations on-site, in the field, and off-site through mail and digital means.
• Prepare examination reports, conduct licensing investigations, and communicate with notifiers, licensees, and other external parties.
• Review documents related to consumer complaints, official inquiries, and emergent consumer credit issues.
• Examine regulated creditors' financial records, reports, and policies to ensure compliance with statutes, rules, regulations, and lending principles.
• Use complex financial calculators and software to perform financial calculations for compliance purposes.
• Prioritize examinations based on compliance history, consumer complaint data, information from other regulators, risks to consumers, and examination history.
• Coordinate in-person and mail-in compliance examinations, ensuring accuracy, timeliness, and consistency.
• Contact creditors, request consumer account data and correspondence, and select files for review.
• Follow up on overdue examination responses and recommend action for non-compliance.
• Assist in determining whether isolated or systemic violations of law have occurred through examination reports and discussions.
• Draft examination reports and memos for additional legal analysis or action.
• Coordinate with legal enforcement staff to provide assistance during litigation, including written memos, spreadsheet analysis, or restitution calculations.
• Formulate public and stakeholder outreach strategies when exam results reveal systemic issues.
• Recommend changes to examination processes, correspondence, and documentation.
• Assist in reviewing consumer complaint documents.
• Identify potential violations of statutes and rules while reviewing consumer complaint documentation.
• Determine if misrepresentations and deceptive acts may have occurred.
• Provide assistance during litigation and/or attorney-led investigations.
• Provide assistance in the initial and final processing of licensing applications and renewals.
• Recommend adjustments or changes to licensing applications, forms, or investigation procedures.
• Assist on complex investigations.
• Prepare exhibits as requested by Assistant Attorney Generals.
• Evaluate compliance with discovery requests.
• Testify in hearings.
• Perform administrative tasks related to regulatory work.

Benefits

• Competitive medical and dental health plans
• Employer-paid life insurance
• Paid vacation and sick leave earned each month
• 11 paid holidays per year
• Public Service Loan Forgiveness Program
• Free access to an on-site fitness center
• Strong, flexible retirement benefits including 401K and 457 plans
• Distinctive career advancement opportunities throughout the State personnel system
• Excellent work-life programs, such as flexible work schedules, professional development opportunities, and an employee discount program

What This Job Offers

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