Financial Legal Examiner 3-4

State of Washington • Thurston County – Tumwater, WA

1d • Hybrid

About The Position

This position is for an attorney interested in financial services, banking law, and consumer protection, specifically examining credit unions for compliance with laws and regulations. The role involves understanding financial services innovation and emerging fintech industries, with opportunities for public service and loan forgiveness. The Financial Legal Examiner (FLE) will lead consumer compliance supervision efforts in regulated entities. This position may be filled at the 3 or 4 level, depending on applicant qualifications and experience. The Division of Credit Unions (DCU) is recruiting for this role.

Requirements

• Graduation from an accredited law school.
• Active membership in good standing with the Washington State Bar Association (WSBA).

Nice To Haves

• A bachelor’s in finance, accounting, business administration, economics or related field.
• Two years of professional experience in one of, or a combination of, the following: Consumer finance law or consumer protection law, Deputy or prosecuting attorney, Assistant attorney general or other governmental attorney or attorney in private practice, Corporate law, bankruptcy law, business law, etc., Accounting or auditing, Analyzing or examining regulated entities, Working in a regulated entity in the areas of lending, operations, analysis of loan or securities portfolios, auditing, reinsurance investments, information system reviews or any combination of these.
• Effective team player who is highly communicative and cooperative, an active listener, a problem solver and innovative researcher with analytical thinking skills.
• A strong work ethic, professionalism, respectfulness and dependability to the team.
• Collaborator who can work with teammates and regulated institution’s management and employees.
• Positive learning attitude and understanding of workplace etiquette.
• Excellent verbal and non-verbal communication skills.
• Strong conflict management and conflict resolution skills.

Responsibilities

• Perform onsite and/or virtual legal analysis of Washington State chartered credit unions for compliance with state and federal laws.
• Serve as Examiner in Charge (EIC) of stand-alone consumer compliance examinations to determine if state-chartered credit unions are compliant with consumer protection laws.
• Establish the scope of individual examinations, plan and direct the efforts of the examination team, and complete the examination report.
• Review and discuss with management critical findings that are identified during the exam process to fully understand the circumstances surrounding each finding and encourage corrective action.
• Organize and conduct meetings with the institution’s executive management, Supervisory Committee, and/or Board of Directors, detailing the final findings and conclusions regarding complex legal consumer protection information.
• Provide both formal and informal guidance in the areas of state and federal laws and regulations to fellow examiners.
• Assist division staff with consumer compliance related complaints about state-chartered credit unions.
• Contact credit unions to determine course of action or recommend further research to resolve customer complaints.
• Write complaint closure letters to consumers when needed.
• Represent the Division in public forums, on committees and at training sessions.
• Give presentations as part of the Division’s education and outreach and continuing legal education (CLE) efforts.
• Travel approximately 25% of worktime to state credit unions, and occasional conferences and training.
• Utilize various IT hardware and software, including Microsoft Office, internet resources, NCUA examination software and other software as necessary.

Benefits

• Medical, dental, retirement, and generous paid vacation, sick leave, and holidays.
• Healthy work-life balance, wellness benefits, and the ability to often work remotely.
• Commitment to diversity, equity, and inclusion where every person is recognized and valued.
• Professional development and continuing education opportunities, including DFI’s in-house CLE program and other training that ensures employees are successful.
• Tuition reimbursement of up to $5,250 per calendar year toward pursuit of advanced degrees or certifications.
• Eligibility for Public Service Loan Forgiveness.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree