Assistant Bank/Credit Union Examiner/Professional Auditor

State of South Carolina; Columbia (SC); On-site; USD 45,000 - 60,000; Full time

Job summary

A governmental agency in South Carolina seeks an Assistant Examiner to assess and ensure compliance within state-chartered financial institutions. This role requires a Bachelor's degree, with significant coursework in accounting or finance. Responsibilities include report preparation, personnel interviews, and compliance reviews. The position offers competitive benefits including health insurance and flexible work schedules.

Benefits

Health, Dental, and Vision Insurance

15 days vacation leave per year

Flexible work schedules

Qualifications

• A Bachelor's degree is required with specific coursework in accounting or finance.
• Candidates must have a strong understanding of financial compliance.
• Skills in communication and following instructions are essential.

Responsibilities

• Prepare reports and schedules for banking institutions.
• Interview staff to gather necessary information.
• Verify financial positions and review institution-prepared reports.
• Assess compliance with banking regulations.

Skills

Knowledge of money and banking practices

Ability to learn laws and regulations

Effective oral and written communication

Education

Bachelor's degree with 12 hours of accounting/finance coursework

Job description

Join South Carolina state government where you can have a meaningful career, incomparable benefits, and a positive work-life balance.

The Office of the Commissioner of Banking is responsible for chartering, examining and otherwise regulating all South Carolina state-chartered banks, savings banks, savings and loan associations, credit unions and trust companies. Working as a member of a team, examiners review the operations of state-chartered institutions and determine compliance with laws and regulations in order to help promote a safe and sound financial system.

The specific duties of an Assistant Examiner include, but are not limited to, the following:

1. Preparing report schedules, including comparative statements of condition and income, schedules of adversely classified assets, interest rate risk exposure measurements, recapitulation of securities and liquidity analyses.
2. Interviewing institution personnel to gather necessary information.
3. Verifying asset, liability and capital positions and reviewing supporting information for accuracy.
4. Reviewing institution-prepared reports.
5. Reviewing compliance with applicable laws, regulations, and guidelines.
6. Generally determining whether the operations of the institutions are consistent with safe and sound practices.

To provide the skills necessary to complete this important work, examiners have the opportunity to complete coursework offered by the Federal Deposit Insurance Corporation (FDIC), including:

• Introduction to Examinations School
• Financial Institution Analysis School
• Asset Liability Management School
• Loan Analysis School
• Examination Management School

Completion of these courses is a part of the agency's career development path, which, in addition to promotional opportunities, includes the opportunity to become a subject matter expert in specialty examination areas.

A Bachelor's degree which includes at least 12 hours of accounting and/or finance related coursework is required. Knowledge of the practices and principles of money and banking, the ability to learn and apply provisions of laws and regulations relating to financial institutions, the ability to follow oral and written instructions and the ability to communicate orally and in writing are necessary skills. This position requires overnight travel throughout the state. Travel costs will be reimbursed according to State regulations; however, the employee must provide his or her own transportation.

The Banking Division of the State Board of Financial Institutions is committed to providing equal employment opportunities to all applicants and does not discriminate on the basis of race, color, religion, sex (including pregnancy), national origin, age (40 or older), disability or genetic information.

A copy of the applicant's college transcript must be submitted for the application to be complete. The transcript may be attached to the application itself, mailed to the address below, or faxed to [phone].

Benefits

The Board of Financial Institutions offers an exceptional benefits package for FTE positions that includes:

• Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse, and Children
• 15 days annual (vacation) leave per year
• 15 days sick leave per year
• 13 paid holidays
• State Retirement Plan and Deferred Compensation Programs
• Employee Assistance Program
  • Free counseling sessions for employees and household members
  • Free legal counseling
  • Free financial counseling
• Flexible Work Schedules
  • Part-time telecommuting (Contingent upon completing a mandatory probationary period)
  • Flexible working hours
• Growth Opportunities
  • Specialty programs allowing for salary increases