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DEPOSITORY FINANCIAL INSTITUTIONS EXAMINER 2

DEFINITION: This is professional work in the examination of depository financial institutions or trust companies regulated by the Department of Banking and Securities for compliance with laws, regulations and sound management practices.

An employee in this job independently conducts examinations of small and less complex institutions and assists in the examination of all other depository financial institutions or trust companies. Work involves examining records, policies and regulations for compliance with established laws, regulations and sound banking principles. Employees in this job are responsible for discussing financial safety and soundness issues and examination findings with institutional management, developing reports of findings and making recommendations for improvement. Work may involve the independent examination of an entire department within a financial institution with responsibility for all aspects of an assigned portion of the final report. Work may also involve providing informal on-the-job training and guidance to lower-level examiners. Work is assigned by a higher-level examiner or supervisor and is reviewed for adherence to established procedures through discussion and analysis of written reports and recommendations.

EXAMPLES OF WORK: Prepares ratings for one or more of the following institutional ratings: Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, and Sensitivity (C.A.M.E.L.S) for commercial banks; Capital Adequacy, Asset Quality, Management, Earnings and Liquidity (C.A.M.E.L) for credit unions; Management, Operations, Internal Controls and Audit, Earnings, Compliance, and Asset Management (M.O.E.C.A.) for trust departments and companies; Audit , Management, Development and Acquisition, Support and Delivery (A.M.D.S.) for information technology (IT) Departments; or other appropriate ratings based on the institution.

Completes or assists in completing examination reports, including recommendations for corrective action and discussions with institutional management regarding irregularities and violations.

Analyzes loans for sound underwriting and credit administration practices.

Functions as a lead examiner in a loan review by establishing the volume of loans to be reviewed, assigning and reviewing the work of other examiners, serving as a liaison with institutional management, preparing loan classification summaries, writing loan analysis comments and recommending ratings to the Examiner-in-Charge.

Discusses asset classifications with officials and recommends corrective action.

Reviews documents and reports obtained during the examination.

Analyzes and evaluates the operations and structures of holding companies.

Analyzes stock ownership, institutional operations and common trust funds to determine levels of control, monitor sound accounting practices and ensure legality.

Analyzes trust operations, trust administration and common trust funds to determine levels by contact, monitor sound accounting practices and ensure legality.

Reviews interdepartmental transactions between the trust and commercial departments for prohibited transactions.

Analyzes and evaluates financial institutions’ IT systems and procedures.

Travels to financial institutions and required training sites located in areas both within and outside of the state.

Provides on-the-job training and reviews the work of lower-level examiners for adherence to standards.

Performs related work as required.

REQUIRED KNOWLEDGES, SKILLS, AND ABILITIES: Knowledge of the laws, rules and regulations governing the operation of depository financial institutions.

Knowledge of accounting principles.

Knowledge of auditing techniques and standards.

Knowledge of computerized accounting processes.

Knowledge of the operations of depository financial institutions.

Knowledge of the basic examination process for depository institutions.

Knowledge of financial data analysis techniques and principles.

Knowledge of the use and functionality of standard software application programs, such as word processing, spreadsheet, e-mail and database.

Ability to perform and interpret mathematical calculations and expressions.

Ability to communicate effectively orally.

Ability to communicate effectively in writing.

Ability to apply and interpret written materials.

Ability to establish and maintain effective working relationships.

MINIMUM EXPERIENCE AND TRAINING: Two years as a Depository Financial Institutions Examiner 1;

                                                                                                                           or

Two years of professional experience in examining depository financial institution or trust company records and operations for conformance to laws, rules and regulations and a bachelor's degree with a major in finance, accounting, economics or information technology including or supplemented by nine credits in accounting;

                                                                                                                          or

Two years of professional internal auditing experience in a depository financial institution or trust company and a bachelor's degree with a major in finance, accounting, economics or information technology, including or supplemented by nine credits in accounting;

                                                                                                                         or

Two years of professional operating experience in a depository financial institution or trust company with experience in any of the following areas: lending, audit, risk management, transactions processing, trust department, branch management, compliance, finance/accounting, information technology systems or capital markets/treasury; and a bachelor’s degree with a major in finance, accounting, economics or information technology, including or supplemented by nine credits in accounting;

                                                                                                                        or

An equivalent combination of experience and training which includes nine college credits in accounting.