Financial Institution Examiner

Sdsoybean; Sioux Falls (SD); On-site; USD 55,000 - 58,000; Full time

Benefits offered by this job

Health Insurance

Vision Insurance

Health Savings Account

Life Insurance

Retirement System

Vacation Leave

Sick Leave

Paid Family Leave

Military Leave

11 Paid Holidays

Longevity Pay

Semimonthly Pay Periods

Employee Assistance Program

Job summary

South Dakota Division of Banking within the Department of Labor & Regulation is seeking a Financial Institution Examiner for Sioux Falls or Pierre, SD. This full-time, on-site position offers a structured career path with training and certification opportunities.

You will assess financial conditions, internal controls, and compliance for licensed entities, while contributing to risk management and regulatory oversight.

Qualifications

• Bachelor’s degree in trust, banking, finance, or accounting.
• Professional experience in financial examinations or regulatory work is desirable.
• Strong communication and analytical abilities.

Responsibilities

• Determine the financial condition of licensed companies.
• Evaluate adequacy of internal control procedures and compliance with statutes.
• Review investment portfolios and governance structures.
• Investigate consumer complaints related to supervised entities.

Skills

Analytical skills

Technical accounting

Communication

Regulatory knowledge

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Sioux Falls, SD or Pierre, SD | Labor and Regulation | Full-Time 40 Hours Weekly

26.68 - 27.82 US per hour

Posted 2 days ago

Description

Job ID: 37665
Agency: Department ofLabor & Regulation - Division of Banking
Location:Sioux Falls, SD or Pierre, SDSalary:$26.68 - $27.82/hr., depending on qualifications
Pay Grade:Z
Closing Date:Open Until Filled

The South Dakota Division of Banking regulates the state’s banking, trust, and financial services industries to assure that our citizens have confidence in our state’s financial markets and services. We are seeking an inquisitive individual with analytical and communication skills to join our team of professionalFinancial Institution Examinersin Sioux Falls. This position is not eligible for remote work.

Examiners at the Division of Banking enjoy:

• Training – Effective on-the-job training is combined with annual off-site training at locations across the United States.
• Pay Advancements – Salary increases are offered for successful work performance and completion of formal trainings.
• Positive working environments – Enjoy having your own office while still working as part of a knowledgeable and supportive team.
• Personal growth – Develop comprehensive knowledge of the financial industry while developing leadership and communication skills.
• Advancement – Successful examiners will receive numerous certifications with internal promotional opportunities available.

As part of a team, you will:

• determine the financial condition of licensed companies;
• evaluate adequacy of company internal control procedures;
• determine compliance with State and Federal statutes;
• evaluate investment portfolios and decision-making to determine suitability;
• review and evaluate the oversight and governance structure of companies;
• make recommendations on findings;
• investigate consumer complaints related to supervised companies.

What we offer to you beyond the paycheck:

• Health Insurance ($0 employee-only premium option)
• Employee Assistance Program
• Vision Insurance
• Health Savings Account
• Basic Life Insurance Coverage (free to employees)
• Membership in the South Dakota Retirement System
• Vacation Leave (15 paid vacation days per year)
• Sick Leave (14 paid sick days)
• Paid Family Leave (40 hours per week for twelve weeks for birth or adoption of a child)
• Military Leave (15 paid days per calendar year)
• 11 Paid Holidays
• Longevity Pay
• Semimonthly Pay Periods

This is a full-time position with the Department of Labor & Regulation, Division of Banking. For more information on the Department of Labor & Regulation, Division of Banking, please visit https://dlr.sd.gov/banking/default.aspx .

Licenses and Certifications:
Bachelor’s Degree is required.

The Ideal Candidate Will Have:
A bachelor's degree in trust, banking, finance, accounting, or a related field with an advanced degree preferred. Professional experience that leads to mastery of the following knowledge and abilities will be considered.

Knowledge of:

• accounting and auditing principles and procedures;
• the organization of companies;
• financial work environments;
• state and federal statutes and regulations;
• consumer protection statutes and regulations;
• Microsoft Office products and management information systems.

Skill to:

• communicate concisely and effectively with co-workers, financial institution personnel, and examiners from other agencies;
• gather, interpret, report, and use financial information;
• understand and interpret federal and state trust regulations;
• effectively manage time and prioritize tasks.

This position is exempt from the Civil Service Act.
This position is eligible for Veterans’ Preference per ARSD 55:10:02:08.

Successful applicant(s) will be required to undergo a background investigation. An arrest/conviction record will not necessarily bar employment.

The State of South Dakota does not sponsor work visas for new or existing employees. All persons hired will be required to verify identity and eligibility to work in the United States and complete an Employment Eligibility Verification, Form I-9.The State of South Dakota as an employer will be using E-Verify to complete employment eligibility verification upon hire.

The State of South Dakota offers $0 premium employee health insurance option plus eleven paid holidays, generous vacation and sick leave accrual, dental, vision, and other insurance options, and retirement benefits. You can view our benefits information here .This position is a member of Class A retirement under SDRS.