Financial Institutions Examiner Trainee - Ump
About The Position
Under direct supervision, for a period of six to twelve months, receives on the job and classroom training and completes assignments to acquire knowledge and skills in performing evaluations assigned to the Banks, Trust Companies and Savings Institutions Section in the Division of Banking. Assists higher level examiners, travels, and receives training in gathering information to analyze consumer compliance risk and Community Reinvestment Act (“CRA”) practices; to analyze and evaluate the institution’s compliance with consumer protection laws and regulations; to analyze relevant demographic, economic, and loan data; and to analyze and evaluate compliance with Fair Lending laws. Participates in seminars and classroom training.
Requirements
- Requires possession of a bachelor's degree in accounting, finance, economics or banking; or a master’s degree in business administration.
- Requires completion of a background check and self-disclosure of criminal history.
- Requires ability to travel frequently and extensively both in-state and out-of-state.
- Requires the possession of a valid, appropriate driver’s license and access to a vehicle for travel.
Nice To Haves
- Prefers at least four years of experience working in a bank or financial institution.
- Prefers at least three years of auditing experience.
Responsibilities
- Under direct supervision, for a period of up to twelve months, travels and receives training in gathering information to assist higher level examiners with analyzing consumer compliance risk, Community Reinvestment Act (CRA) practices, and the adequacy and extent of compliance with policies, procedures, and internal controls.
- Travels and receives training in gathering information to assist higher level examiners with analyzing and evaluating the institution’s compliance with consumer protection laws and regulations, performance under the CRA, and the extent of compliance with state and federal laws, rules, and regulations.
- Travels and receives training in gathering information to assist higher level examiners with analyzing relevant demographic, economic, and loan data (including aggregate lending trends) to the extent available.
- Receives training in gathering information to analyze and evaluate compliance with Fair Lending laws.
- Participates in seminars and classroom training to learn more about the IL CRA and various state and federal laws, rules and regulations.
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
