Commonwealth of Pennsylvania


Position Number:  00063652

Description Activated On:  4/4/2023 9:34:23 AM

Position Purpose:
Describe the primary purpose of this position and how it contributes to the organizationís objectives. Example: Provides clerical and office support within the Division to ensure its operations are conducted efficiently and effectively. 

This position serves as an assistant examiner and participates in the examination of financial depository institutions throughout the Commonwealth to ensure compliance with established laws and regulations and sound management practices.

Description of Duties:
Describe in detail the duties and responsibilities assigned to this position. Descriptions should include the major end result of the task. Example: Types correspondence, reports, and other various documents from handwritten drafts for review and signature of the supervisor.

The employee performs a variety of assignments and participates in training programs designed to further competency and develop skills in the application of examining techniques.

Travels to various financial institution locations within and outside the Commonwealth to participate in the process of an examination.

Assists in the completion of examinations of financial institutions and conducts independent examinations of departments within financial institutions.

Participates in a variety of formal and on-the-job training assignments, attends basic examining or training seminars and studies training materials to develop competency and skill in examining the records, operations and procedures of financial institutions.

Analyzes records of financial institutions to determine compliance with the charter and bylaws, and the provisions of the following acts and regulations: Banking Code of 1965; Department of Banking Code of 1933; Title 17 Credit Union Code; Savings Association Code of 1969, and other acts and regulations.

Prepares or secures a trial balance as of the date of examination, reconciles it by verifying the existence of all assets and liabilities and makes a comparative analysis with the previous yearís statement.

Reconciles the undivided profits, loss reserves and capital accounts.

Reconciles total balances of all savings accounts, checking accounts, certificates of deposit, time open accounts and all loan accounts to the general ledger.

Review cash items, overdrafts, correspondent due from accounts, and other miscellaneous assets to determine amount of loss.

Review bank premises, furniture and fixtures accounts, other real estate and real estate sales contracts and classify as deemed appropriate.

Review written policies such as: loans, investments, funds management, and other planning documents for example: capital plan, strategic plan, and budget.

Prepare a schedule of investments, reconciles it to the general ledger, physically inspects securities, verifies those held under safekeeping arrangement and analyzes the profits and losses on investment account transactions.

Analyzes the operations of the institution for sound accounting, general operational procedures, and internal controls.

Reviews independent audit reports for supervisory problems and statutory/regulatory compliance.

Selects and analyzes segments of the various types of loans for appraisal, credit and sound underwriting practices.

Reviews open loan accounts for delinquencies and prepares a classified delinquent report by detailing profiles of delinquent accounts and quality of loans. In addition, reviews large borrower and insider loan relationships.

Assesses the methodology used for determining the adequacy of the loan and lease loss reserve and perform an independent evaluation.

Reviews correspondence with the institutionís legal counsel to determine if actual or potential litigation or contingent liabilities exist and the effect on the institution.

Balance Trust subsidiary accounts to trust control figures and analyzes various trust documents for compliance with laws and regulations.

Discusses with the management of the financial institution the irregularities and violations found in the examination, solicits responses and recommends corrective measures.

Assists in the preparation of reports of examination and investigations conducted, including recommendations for corrective action.

Prepare work papers and analyzes liquidity and asset liability management in order to evaluate the risk exposure in these areas.

Prepare a list of all sources of borrowed money, i.e. Federal funds purchased and FHLB borrowings.

Verify the accuracy of regulatory financial reporting.

Performs related duties as required.

Decision Making:
Describe the types of decisions made by the incumbent of this position and the types of decisions referred to others. Identify the problems or issues that can be resolved at the level of this position, versus those that must be referred to the supervisor. Example: In response to a customer inquiry, this work involves researching the status of an activity and preparing a formal response for the supervisorís signature.

Verbal and written work assignments are given by the Field Office Supervisor on a weekly basis. Work assignments after reporting to a particular job are given by the Examiner-in-Charge. Upon completion of all work assigned, the Examiner-in-Charge prepares a ďProgress ReportĒ for all work performed. Discuss findings with the Senior Financial Institutions Examiner and/or Field Office Supervisor.

Requirements Profile: Identify any specific experience or requirements, such as a licensure, registration, or certification, which may be necessary to perform the functions of the position. Position-specific requirements should be consistent with a Special Requirement or other criteria identified in the classification specification covering this position. Example: Experience using Java; Professional Engineer License


Licenses, registrations, or certifications:




Essential Functions
: Provide a list of essential functions for this position. Example: Transports boxes weighing up to 60 pounds.
 1. Travel to and conduct site examinations
 2. Interpret laws and regulations
 3. Calculate appropriate ratings
 4. Operate personal computer
 5. Work on specialty areas during an exam
 6. Solicits and Directs Corrective Action Measures
 7. Communicate effectively with management