05/01/2013 03208

SENIOR NON-DEPOSITORY FINANCIAL INSTITUTIONS EXAMINER

DEFINITION: This is advanced professional or supervisory work in the planning, directing, analysis and administration of examinations or financial investigations of non-depository financial institutions regulated by the Department of Banking and Securities for compliance with laws, regulations and sound management practices.

An employee in this job serves as Examiner-in-Charge of examinations of non-depository financial institutions, which include, but are not limited to, mortgage bankers and brokers, check cashers, pawn brokers, installment sellers, money transmitters, sales finance companies, debt management companies and consumer discount companies; or serves as the supervisor of a small examination or financial investigative unit within an assigned area. As the Examiner-in-Charge, an employee serves in an administrative and technical oversight role, with responsibility for all aspects of managing and directing an examination, including planning, scheduling and scoping the assignment and responsibility for the completion of all analyses, reports, ratings and recommendations resulting from an examination; assigning portions of the examination to lower-level examiners; reviewing reports and recommendations made by other examiners; providing direction to examination team members on problem issues; preparing the comprehensive examination report; serving as the Department’s primary liaison to clients; and explaining findings to financial institution officials. Work includes ensuring the appropriate implementation and application of Department policies, regulations and initiatives to the examination or financial investigative process and designing procedures accordingly based on the unique factors of each non-depository financial institution. An employee functions with considerable independence under the general direction of an administrative supervisor, who reviews work through conferences and written reports.

EXAMPLES OF WORK: Serves as Examiner-in-Charge of non-depository financial institution examinations.

Supervises a staff of professional employees engaged in examination or investigative functions relating to licensed or unlicensed activities for an assigned area.

Leads a group of examiners in the conduct of examinations through planning, organizing, scheduling, assigning and reviewing work.

Analyzes previous examination reports, correspondence, intelligence reports, consumer complaints, risk-based reports and spreadsheets, and other available information to prepare and plan for examinations or investigations.

Discusses irregularities and violations discovered during the examination with financial institution management.

Interprets and provides direction to lower-level examiners on rules, regulations, policies, standards, objectives and obligations of the examination and investigative process.

Prepares the Capital Adequacy, Agent Control, Management, Earnings, and Compliance (C.A.M.E.C.) rating or other appropriate rating for money transmitters.

Conducts off-site examinations of selected non-depository financial institutions.

Conducts examinations of identified high-risk non-depository financial institutions.

Analyzes institutional records and documents to determine operational soundness and compliance with the provisions of state and federal laws and regulations.

Conducts independent examinations of non-depository financial institutions.

Participates in or acts as lead examiner in multi-state examinations of identified high-risk companies.

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

Prepares an assignment performance report for examiners after each examination as Examiner-in-Charge.

Conducts on-the-job training for lower-level examiners.

Performs the full range of supervisory duties.

An employee in this job may participate in the performance of subordinates’ work consistent with operational or organizational requirements.

Performs related work as required.

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

Knowledge of financial data analysis techniques and principles.

Knowledge of accounting principles.

Knowledge of investigative procedures and techniques.

Knowledge of the principles and practices of non-depository financial institutional management.

Knowledge of all components of the non-depository examination process.

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 analyze and interpret written materials.

Ability to establish and maintain effective working relationships.

MINIMUM EXPERIENCE AND TRAINING: Two years as a Non- Depository Financial Institutions Examiner 2;

                                                                                                                           or

Four years of professional experience in examining or investigating non- depository financial records and business operations for conformance to laws, rules and regulations and a bachelor's degree, including or supplemented by nine credits in accounting, finance, economics or a closely related field;

or

An equivalent combination of experience and training which includes nine college credits in accounting, finance, economics or a closely related field.