Job Description

Requisition No: 832798 

Agency: Office of Financial Regulation

Working Title: FINANCIAL EXAMINER/ANALYST II - 43004375

 Pay Plan: Career Service

Position Number: 43004375 

Salary: $53,000.00 - $58,000.00 

Posting Closing Date: 08/06/2024 

Total Compensation Estimator 

*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY*****

OFFICE OF FINANCIAL REGULATION

DIVISION OF FINANCIAL INSTITUTIONS

BUREAU: BANK REGULATION

CITY: WEST PALM BEACH

COUNTY: PALM BEACH AND SURROUNDING COUNTIES

SPECIAL NOTES:

Four (4) or more years of professional examination, regulatory, auditing, or accounting work experience relating to financial institutions within the public or private sector is required. A bachelor’s degree from an accredited college or university may substitute for the required experience.

Preference:

• Bachelor’s degree in accounting, finance, economics, or business administration.
• One (1) or more years of experience working in a financial institution (bank, credit union, trust company, or similar), in the areas of operations, oversight, lending, BSA/AML compliance, auditing, or having examination or regulatory experience relating to financial institutions.
• Proficient in Microsoft Office programs (Word, Excel, Outlook, and PowerPoint).
• Certification as a Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS), licensure as a Certified Public Accountant (CPA).

The position will be required to perform a majority of the work in field locations.

The position will report to the Office of Financial Regulation’s (OFRs) West Palm Beach office.

The anticipated annual salary range will be from $53,000 to $58,000. The starting salary will be commensurate with the selected candidate’s experience and qualifications.

Employees of the Department of Financial Services are paid on a monthly pay cycle.

This position may require working at off-site locations approximately 50% of the time, which will involve overnight stays.

Responses to qualifying questions must be clearly supported by the state application and any omission, falsification, or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.

All applicants seeking employment with the Office of Financial Regulation (OFR) are subject to mandatory background checks conducted through the Department of Financial Service (DFS), Bureau of Human Resource Management in accordance with the requirements of Chapter 435, F.S. and reviews by OFR. Applicants may be disqualified for employment with OFR based on the information that may be obtained through research and/or OFR’s review process. 

No applicant may begin employment until the background screening results are received, reviewed for any disqualifying offenses, and approved by the Agency. Background screening shall include, but not be limited to, fingerprinting for State and Federal criminal records checks through the Florida Department of Law Enforcement (FDLE) and Federal Bureau of Investigation (FBI) and may include local criminal history checks through local law enforcement agencies.

Candidates should expect a professional office environment with a public service-driven mission. Benefits include competitive health insurance, State of Florida retirement options, and a flexible work/life balance.

Some of the excellent benefits available to Office of Financial Regulation (OFR) employees, include:

• Flexible work schedules for certain positions.
• Paid holidays and an annual personal holiday.
• Paid vacation and sick leave.
• Excellent health & life insurance options for individuals and/or family coverage.
• Additional supplemental insurances available such as dental, vision, disability, etc.
• Tax deferred medical and Dependent Care Benefit reimbursement accounts available.
• Deferred Compensation opportunities.
• Tuition waivers to attend state universities/community colleges.
• Retirement plans and options.

MINIMUM QUALIFICATIONS FOR THIS POSITION INCLUDE THE FOLLOWING REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:

1. Knowledge of financial accounting or auditing principles.
2. Knowledge of methods of compiling, analyzing, and presenting data.
3. Knowledge, skills, and the ability to utilize and understand techniques used in conducting examinations or investigations of commercial banks, trust companies, savings associations, credit unions, international offices, securities or finance companies or insurance companies.
4. Skilled in monitoring techniques and mathematics.
5. Ability to understand and apply laws, rules, regulation, policies, and procedures.
6. Ability to review, analyze and evaluate data, examine financial records, understand, and apply laws, rules, regulations, policies, and procedures.
7. Ability to conduct research and prepare reports, probe, and obtain critical facts, utilize problem-solving techniques.
8. Ability to communicate effectively, establish and maintain effective working relationships with others.
9. Ability to recognize the validity, authenticity, and propriety of accounting and operating records.
10. Ability to attend, participate in, and complete training programs.
11. Ability to work independently.
12. Must be computer literate, with the ability to effectively use computer hardware and software programs.

OTHER KSAs (Incumbent may learn on job): Ability to safely operate a motor vehicle as evidenced by a valid driver’s license.

BRIEF DESCRIPTION OF DUTIES :

A financial institution examiner will interact with the assigned examination team and financial institution management. As a Financial Examiner/Analyst II you will complete a wide range of financial, analytical, and financial institution oversight activities. Financial institution examinations utilize a risk-based examination approach to assess a financial institution’s condition and identify and evaluate risk management policies, practices, and results. Assignments cover all areas of the operation of a financial institution, including, but not limited to, loans, interest rate risk, capital, liquidity, and compliance with financial institution laws and regulations. Through a program of formal and informal training, an examiner expands their knowledge and skills.

Job Summary :

• Organize and analyze selected data.
• Complete assigned regulatory supervision procedures.
• Review financial institution risk management policies and practices.
• Assess compliance with laws and regulations.
• Gather information through collaboration with other division employees and regulatory counterparts.
• Discuss findings with other examiners and financial institution management.
• Draw conclusions and recommend corrective action.
• Perform off-site analyses, write correspondences and reports, and update or write examination comments under close supervision.

This position will primarily be involved in the regulatory oversight of state-chartered banks. However, the examiner may get the opportunity to also participate in the regulation of other state-chartered, licensed, and registered financial institutions and entities. These include trust companies, trust departments of state-chartered banks, credit unions, licensed branch, agency, administrative and representative offices of international banking corporations, family trust companies, and affiliates of international trust entities.

May be assigned as the Examiner-in-Charge (EIC) for the examination of a noncomplex or non-problem financial institution. The EIC is responsible for conducting pre-examination analysis, exam planning, coordination of exam assignments, and collecting, verifying, analyzing, and editing all work products prepared during the examination process. The EIC identifies required corrective actions and communicates exam findings to the financial institution’s management team. The EIC is responsible for submitting a comprehensive prepared and properly documented Report of Examination (ROE) in a timely manner. Through continuing education and career development, the examiner will become involved in progressively larger and more complex assignments. When not serving as the EIC, assigned work will be submitted timely to the EIC or appropriate review party for determination of quality and accuracy.

Independently perform visitations. Visitation assignments include, but are not limited to, reviewing for compliance with administrative actions, corrective action plans, and status discussions with financial institution management.

This position requires frequent travel from Monday through Friday. When traveling more than 50 miles from the office, overnight stay and car rental is generally required. When traveling for work, employees are required to follow all travel policies, and travel in the most effective and efficient means possible. Employees are encouraged to carpool whenever possible.

Serve as point of contact for assigned institutions in periodic offsite monitoring.

Perform other related duties and responsibilities as assigned.

If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended, or deemed ineligible depending upon the date of your retirement.

The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.

Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.

The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.

VETERANS’ PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans’ Preference documentation requirements are available by clicking here . All documentation is due by the close of the vacancy announcement. 

Job Tags

Similar Jobs