Financial Examiner

State of Connecticut; Hartford (CT); Hybrid; USD 70,000 - 95,000; Full time

Job summary

The State of Connecticut Department of Banking seeks a Financial Examiner in Hartford, CT. The role involves conducting examinations of financial institutions, including banks and credit unions, and investigating complex consumer issues while reviewing financial statements and compliance.

The selected candidate will prepare reports, interact with stakeholders, and use the e-license and other examination systems.

Responsibilities

• Conduct or assist in inquiries, investigations, and/or examinations of state-charted institutions including but not limited to: traditional banks, innovation banks, trust banks, and credit unions
• Investigate consumer complaints regarding complex or specialized issues in the conduct and delivery of services by regulated entities as necessary
• Review, analyze, and assess financial and operational documentation, including bank and financial statements and reports, loan files, investments, management policies, consumer complaints, risk management programs, advertising, licensing information, and other records
• Investigate, research, and document apparent violations of applicable laws and contraventions of policy
• Interact and communicate with both industry as well as internally to review issues and findings
• Write reports and communicate report findings to stakeholders in examination and application processing
• Collect and analyze information relating to the application review process including financial and operational documentation, compliance with statutes, etc.
• Analyze and assess financial institutions' compliance with federal and state laws and regulations
• Learn and utilize the e-license system, and the other federal agency examination systems used in conducting examinations

Job description

The State of Connecticut Department of Banking (DOB) is now accepting applications for a Financial Examiner opportunity in Hartford, CT!

WHAT WE CAN OFFER YOU

• Visit our new State Employee Benefits Overview page!
• Professional growth and development opportunities.
• A healthy work/life balance to all employees.

THE ROLE

The Financial Examiner position will conduct examinations of greater than average difficulty and complexity of the financial entities regulated by the Financial Institution Division at the Department of Banking.

The selected candidate will:

• Conduct or assist in inquiries, investigations, and/or examinations of state-charted institutions including but not limited to: traditional banks, innovation banks, trust banks, and credit unions
• Investigate consumer complaints regarding complex or specialized issues in the conduct and delivery of services by regulated entities as necessary
• Review, analyze, and assess financial and operational documentation, including bank and financial statements and reports, loan files, investments, management policies, consumer complaints, risk management programs, advertising, licensing information, and other records
• Investigate, research, and document apparent violations of applicable laws and contraventions of policy
• Interact and communicate with both industry as well as internally to review issues and findings
• Write reports and communicate report findings to stakeholders in examination and application processing
• Collect and analyze information relating to the application review process including financial and operational documentation, compliance with statutes, etc.
• Analyze and assess financial institutions' compliance with federal and state laws and regulations
• Learn and utilize the e-license system, and the other federal agency examination systems used in conducting examinations

POSITION HIGHLIGHTS

• Monday - Friday
• Full-time (40 hours per week)
• First shift
• Location: 280 Trumbull Street, Hartford, CT
• A hybrid schedule (combination of in-office and telework) will be available based on business needs, in accordance with the Telework Policy

OUR MISSION

At the Department of Banking, our mission is to protect users of financial services from unlawful or improper practices by ensuring regulated entities and individuals adhere to state banking, consumer credit and securities laws. The Department accomplishes this through regular, thorough, and cost-effective examinations of the entities it supervises. The Department also engages the public and other stakeholders through a variety of media platforms, educational outreach initiatives, and press communications.