Financial Institution Examiner

South Dakota AG; Sioux Falls (SD); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Health Insurance

Employee Assistance Program

Vision Insurance

Health Savings Account

Basic Life Insurance Coverage

Membership in SDRS

Vacation Leave

Sick Leave

Paid Family Leave

Military Leave

11 Paid Holidays

Longevity Pay

Semimonthly Pay Periods

Job summary

The South Dakota Division of Banking is seeking an inquisitive Financial Institution Examiner in Sioux Falls to assess the financial condition of licensed companies, evaluate internal controls, and ensure compliance with state and federal statutes. This is a full-time, on-site position.

The ideal candidate has a bachelor’s degree in trust, banking, finance, or accounting (advanced degree preferred) and strong communication and analytical skills.

Qualifications

• Bachelor’s degree in trust, banking, finance, or accounting; advanced degree preferred.
• Professional experience in financial regulation and reporting is advantageous.
• Strong written and verbal communication and analytical abilities.
• Ability to interpret and apply state and federal statutes and regulations.

Responsibilities

• 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.

Skills

Communication

Interpret financial information

Time management

Regulatory knowledge

Education

Bachelor's degree in trust, banking, finance, or accounting

Advanced degree preferred

Tools

Microsoft Office

Management information systems

Job description

PLEASE ATTACH THE ADDITIONAL REQUIREMENTS LISTED AT THE BOTTOM OF THIS PAGE

Job ID: 37665

Agency: Department of Labor & Regulation - Division of Banking

Pay Grade: Z

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 professional Financial Institution Examiners in 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 training.
• 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

A 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.

Additional Requirements:

To be considered, please attach a letter of interest, resume, post-secondary transcripts, and a writing sample.

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 a $ 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.

South Dakota Bureau of Human Resources and Administration

Telephone: [phone] Email: [e-mail]