Financial Institutions Examiner I - Dfi Credit Union Sangamon

State of Illinois•Springfield, WA

1d•Onsite

About The Position

This position involves conducting statutory exams of small, non-complex state-chartered credit unions independently, and assisting higher-level examiners with medium to large, more complex credit unions. The role requires compiling detailed reports of findings, discussing exam results with credit union management, providing routine advice, attending staff meetings, cooperating with federal counterparts on examinations, and completing required training. The position is part of the Upward Mobility Program (UMP), with a trainee period leading to advancement to Financial Institution Examiner I upon satisfactory performance for one year.

Requirements

Requires knowledge, skill, and mental development equivalent to the completion of four years of college; or possession of a Certified Public Accountant rating.
Requires completion of the approved agency training program; or one year professional experience involving either examination of financial institutions or the equivalent professional experience within a financial institution.
Requires possession of valid driver’s license.
Requires the ability to travel extensively.
Requires the ability to pick up and carry at least 25 lb. of equipment to and from job sites.
Requires the ability to pass an Agency conducted background check.

Nice To Haves

Prefers a bachelor’s degree in accounting, finance, economics or banking, or a master’s degree in business administration.
Prefers three years of audit or examination experience of banks, credit unions, mortgage companies, or other financial institution within the last 48 months.
Prefers three years of professional office experience in a legal office, insurance office, lending office or other similar financial institution within last 48 months.
Prefers three years of experience collecting and analyzing financial data, as well as drafting detailed and complicated examination reports within last 48 months.
Prefers thirty-six months working knowledge of business administration, policy & procedures, and operation practices of financial institutions within last 48 months.
Prefers working knowledge of State and Federal laws and regulations governing the financial industry and how they are applied.
Prefers three years of experience working with technology used by financial institutions or financial government regulators within last 48 months.

Responsibilities

Independently conducts statutory exams of small, non-complex state-chartered credit unions.
Assists higher level examiners in medium to large, more complex state-chartered credit unions.
Compiles a detailed and comprehensive report to support findings developed from the exam of the credit union being examined.
Submits findings and recommendations to the examiner in charge.
Discusses with management of credit unions being examined the results of the exam and provides routine advice and assistance.
Attends and participates in staff meetings and seminars to receive supervisory direction.
Works in conjunction and cooperation with Federal counterparts in performing either concurrent or joint examinations of financial institutions.
Participates and completes various trainings as required.
Performs other related 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