Financial Institutions Examiner Trainee - Dfi Credit Union Sangamon
About The Position
Assists higher-level examiners and receives training in performing on-site exams of records, documents or other data to ascertain compliance with State/Federal laws and regulations applicable to the state-chartered credit union under examination. For training purposes, evaluates and analyzes data and financial statements to determine accuracy and appropriateness of controls, policies, and procedures of programs and services in order to ensure safety and soundness in the operations of the institution. Completes writing assignments, including documentation of examination findings and scope narratives, to amass skills necessary to complete detailed examination reports. Attends and participates in meetings relative to the examination of a credit union to discuss findings and provide routine advice and assistance, which addresses existing areas of concern. Often travels to conduct this duty. Learns and retains knowledge of applicable State/Federal statutes and regulations governing the credit union industry. Establishes and maintains effective public relations and working relationships with officials of the credit union industry. Recognizes and reports existing and potential problems based upon established procedures and criteria. Participates and completes various trainings as required. Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
Requirements
- Requires possession of a bachelor's degree in accounting, finance, economics or banking; or a master's degree in business administration.
- Requires possession of a valid driver's license.
- Requires the ability to travel extensively.
- Requires the ability to pick up and carry at least 25 pounds of equipment to and from job sites.
- Requires the ability to pass an Agency conducted background check.
Nice To Haves
- Prefers eighteen months of experience working at a bank, credit union, mortgage company, or other financial institution as a banker commercial lender, or consumer lender within the last thirty-six months.
- Prefers eighteen months of audit or examination experience of banks, credit unions, mortgage companies, or other financial institutions within the last thirty-six months.
- Prefers eighteen months of professional office experience in a legal office, insurance office lending office or other similar financial institution within the last thirty-six months.
- Prefers eighteen months of experience collecting and analyzing financial data, as well as drafting detailed and complicated examination reports within last 36 months.
- Prefers twelve months of working knowledge of business administration, policy & procedures, and operation practices of financial institutions within the last 24 months.
- Prefers eighteen months of experience working with technology used by financial institutions or financial government regulators within the last 36 months.
Responsibilities
- Assists higher-level examiners and receives training in performing on-site exams of records, documents or other data to ascertain compliance with State/Federal laws and regulations applicable to the state-chartered credit union under examination.
- Evaluates and analyzes data and financial statements to determine accuracy and appropriateness of controls, policies, and procedures of programs and services in order to ensure safety and soundness in the operations of the institution.
- Completes writing assignments, including documentation of examination findings and scope narratives, to amass skills necessary to complete detailed examination reports.
- Attends and participates in meetings relative to the examination of a credit union to discuss findings and provide routine advice and assistance, which addresses existing areas of concern.
- Learns and retains knowledge of applicable State/Federal statutes and regulations governing the credit union industry.
- Establishes and maintains effective public relations and working relationships with officials of the credit union industry.
- Recognizes and reports existing and potential problems based upon established procedures and criteria.
- Participates and completes various trainings as required.
- 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
