Financial Institutions Examiner I - Ump

State of Illinois•Chicago, IL

7d•Hybrid

About The Position

Under direct supervision, the Financial Institutions Examiner I receives six to twelve months of classroom and on-the-job training in conducting on-site examinations related to pawnbroker regulation. The role reviews applicants’ financial condition, safety and soundness, and compliance with state and federal laws and regulations. It also evaluates management, operations, internal controls and auditing, earnings, compliance, and asset management. The position requires extensive travel to assigned facilities for examinations. Under general supervision, the examiner conducts select, less complex portions of examinations under the Pawnbroker Regulation Act and applicable service-provider requirements. Working with other examiners, the employee gathers and reviews information, assists higher-level examiners with compliance evaluations and examination findings, communicates with applicants, and maintains daily oral and written contact with applicants during reviews. Other reasonably related duties may be assigned.

Requirements

Knowledge, skill, and mental development equivalent to completion of four years of college, or possession of a Certified Public Accountant rating.
Completion of the approved agency training program, or one year of professional experience involving examinations of financial institutions or equivalent professional experience within a financial institution.
Ability to pass an agency-conducted background check.
Ability to travel frequently and extensively, both in and out of state.
Possession of a valid, appropriate driver's license and access to a vehicle for travel.

Nice To Haves

At least three years of experience working in a bank or financial institution.
At least three years of experience working in a pawn brokerage or similar environment.
At least two years of auditing experience.

Responsibilities

Conduct select, less complex portions of examinations under the Pawnbroker Regulation Act and related service-provider requirements.
Gather and review information with other examiners to determine whether pawnbroker functions and operations comply with the Pawnbroker Act.
Assist higher-level examiners in evaluating compliance with applicable state and federal laws, rules, regulations, and internal routines and controls, using department procedures and the uniform interagency trust rating system as guidelines.
Assist higher-level examiners in communicating with and interviewing officers, directors, and employees of pawnbroker applicants in a professional and tactful manner.
Assist higher-level examiners in presenting examination findings.
Maintain daily oral and written contact with applicants regarding day-to-day reviews.
Travel to assigned facilities to conduct examinations.
Perform other duties as required or assigned that are reasonably within the scope of the listed duties.

Benefits

Health, life, vision, and dental insurance.
12 weeks of paid maternity/paternity leave.
Pension plan, with Tier II vesting at 10 years.
Full 20-year retirement awards include free health insurance during retirement.
Deferred compensation and other pre-tax benefits programs.
Paid state holidays, 12–14 days annually.
Three paid personal business days annually.
12 paid sick days annually, with sick days carrying over year to year.
10–25 days of paid vacation annually, including 10 days in the first year of employment.
Employee Assistance Program and/or mental health resources.