Financial Institution Examiner 3 - 20059242

State of Ohio; Columbus (OH); On-site; USD 39,000 - 56,000; Full time

Job summary

Commerce's Division of Financial Institutions in Columbus, Ohio seeks a qualified financial examiner to regulate chartered banks, credit unions, and consumer lenders. The role focuses on examinations, compliance reviews, and issuing corrective actions to safeguard Ohioans’ financial interests.

The position requires an undergraduate degree in accounting or finance with 3 years of audit or financial analysis experience and a valid driver's license.

Qualifications

• Undergraduate degree in accounting or finance or comparable coursework.
• 3 yrs. exp. in audit or financial analysis related work experience for firm, government agency or financial institution; valid driver's license.
• For IT examinations, degree in information technology and 3 yrs. exp. in audit or information technology related work experience; valid driver's license.
• 12 mos. exp. as Financial Institution Examiner 2 or comparable regulatory experience; valid driver's license.

Responsibilities

• Examines financial institutions to assess financial condition, management practices, and compliance with laws and regulations.
• As examiner-in-charge, coordinates examination with a team and communicates with institution officials.
• Reviews work product from other examiners and ensures accuracy of examination reports.
• Discusses examination results with institution officials and recommends corrective actions.

Skills

Accounting and Finance

Education

Undergraduate degree in accounting or finance

Job description

All job postings will expire at 11:59 PM Eastern Time on the application deadline.

Organization:Commerce

Agency Contact Name and Information:[e-mail] or 614-995-7009

Work Location:
77 S. High St., 21st floor
Columbus, Ohio, 43215
United States

Compensation:Pay Range 33, Step 1 $34.53 per hour

Schedule:Permanent - Full Time

Work Hours:8:00am - 5:00pm M-F

Classified Indicator:Classified

Union:OCSEA

Primary Job Skill:Accounting and Finance

Who We Are

The Mission of the Ohio Department of Commerce is promoting prosperity by protecting what matters most.

As the state’s chief regulator, the Department of Commerce impacts Ohioans every day. We are motivated by our mission to promote prosperity for businesses and licensees by protecting what matters most to the residents of our state. We ensure compliance through proactive outreach, education, and customer-focused service.

Commerce is comprised of eight operating divisions and one standalone program that span a variety of industries including real estate, liquor, banking, securities, firefighting, construction and skilled trades, and cannabis. Through exceptional compliance practices and oversight, Commerce has a direct role in protecting Ohioans.

Our Guiding Principles

Making an IMPACT for the customer:
Inclusive
Motivated
Proactive
Accountable
Customer-Focused
Teamwork

For Information on Benefits, please click here.

What You'll Do

The Division of Financial Institutions ensures Ohioans’ money is safe by regulating financial institutions and service providers. This includes examining, supervising and regulating Ohio chartered banks and credit unions, and licensing and regulating non-depository mortgage brokers, mortgage loan originators, and other consumer lenders. The Division’s Office of Consumer Affairs provides assistance to consumers to help resolve complaints against these institutions and works to provide education to Ohioans regarding financial literacy and other consumer protection topics.

• Examines financial institutions to assess their financial condition, management practices, and compliance with applicable laws and regulations.
• As examiner-in-charge, coordinates the examination with a team of examiners and communicates with institution officials.
• Reviews work product from other examiners on the team and ensures accuracy and consistency of examination report.
• Discusses examination results with the institution officials and recommends corrective actions to address deficiencies.
• Monitors follow up efforts and helps ensure institutions resolve identified issues and maintain sound operations.
• Assists in the training and mentoring of financial examiners trainee, 1 and 2.

Additional Information

TRAINING AND DEVELOPMENT REQUIRED TO REMAIN IN THE CLASSIFICATION AFTER EMPLOYMENT:
Formal training programs scheduled by division of financial institutions which are designed to supplement, reinforce, or
enhance financial institution examiner knowledge.

UNUSUAL WORKING CONDITIONS:
Requires overnight travel.

This position is based out of Hamilton county, with accompanying work in contiguous counties. The headquarter location is the candidates home and the selected candidate must live in or in a contiguous county of Hamilton County.

Why Work for the State of Ohio:

At the State of Ohio, we take care of the team that cares for Ohioans. We provide a variety of quality, competitive benefits to eligible full-time and part-time employees*. For a list of all the State of Ohio Benefits, visit our Total Rewards website! Our benefits package includes:

• Medical Coverage
• Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
• Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
• Childbirth, Adoption, and Foster Care leave
• Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
• Public Retirement Systems (such as OPERS, STRS, SERS, and HPRS) & Optional Deferred Compensation (Ohio Deferred Compensation)

*Benefits eligibility is dependent on a number of factors. The Agency Contact listed above will be able to provide specific benefits information for this position.

Qualifications:

Undergraduate degree in accounting or finance or comparable coursework for all positions except those involved in information technology examinations 3 yrs. exp., within 5 years from date of application, in audit or financial analysis related work experience for firm, government agency or financial institution valid driver's license.
-Or for positions involved in information technology examinations, applicants must have undergraduate degree in information technology 3 yrs. exp., within 5 years from date of application, in audit or information technology related work experience for firm, government agency or financial institution valid driver's license.
-Or 12 mos. exp. as Financial Institution Examiner 2, 66142 or other comparable regulatory experience (office of thrift supervision, national credit union administration, federal deposit insurance corporation, office of comptroller of currency or federal reserve system) valid driver's license.
-Or equivalent of Minimum Class Qualifications for Employment noted above.
-Or 12 mos. exp. as Financial Institution Examiner 2, 66142 or other comparable regulatory experience (office of thrift supervision, national credit union administration, federal deposit insurance corporation, office of comptroller of currency or federal reserve system) valid driver's license.
-Or equivalent of Minimum Class Qualifications for Employment noted above.
Job Skills: Accounting and Finance

ADA Statement:

Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.

Drug-Free Workplace:

The State of Ohio is a drug-free workplace which prohibits the use of marijuana (recreational marijuana/non-medical cannabis). Please note, this position may be subject to additional restrictions pursuant to the State of Ohio Drug-Free Workplace Policy (HR-39), and as outlined in the posting.