FINANCIAL INSTITUTIONS EXAMINER I - UMP

Position Overview

Under direct supervision, for a period of six to twelve months, travels to receive classroom and on-the-job training in performing on-site examinations of all aspects of pawnbroker regulation applications for the purpose of determining their financial condition, safety and soundness, compliance with state and federal laws and regulations. Evaluates the corporate fiduciaries management, operations, internal controls and auditing, earnings, compliance, and asset management.  Travels extensively to assigned facilities for examinations.

State of Illinois Benefits 

• Health, Life, vision, and dental insurance 
• 12 weeks paid maternity/paternity leave 
• Pension Plan – Vesting at 10 years for Tier II 
• Full 20-year retirement awards free health insurance during retirement 
• Deferred compensation and other pre-tax benefits programs 
• Paid state holidays, 12-14 days annually 
• 3 paid Personal Business Days annually 
• 12 Paid Sick Days annually (Sick days carry over year to year) 
• 10-25 Days of Paid Vacation time annually (10 days in year one of employment) 
• Personal, sick, and vacation rates modified for 12 hour work schedules (as applicable)  
• Employee Assistance Program and/or mental health resources 
• For more information about our benefits please follow this link: https://www.illinois.gov/cms/benefits/Pages/default.aspx 

Essential Functions

• Under general supervision, conducts select, less complex portions of the Pawnbroker Regulation Act and of service providers covered therein.
• In conjunction with other examiners, gathers and reviews information to determine if Pawnbroker functions and operations are performed in compliance with the guidelines provided in the Pawnbroker Act. 
• Assists higher level examiners in evaluating and determining a pawnbroker’s compliance with applicable state and federal laws and rules and regulations, and internal routines and controls using the uniform interagency trust rating system and the department procedures as guidelines.
• Assists higher level examiners in communicating with and interviewing officers, directors and employees of pawnbroker applicants in a professional and tactful manner and assists in presenting examination findings.
• Assist higher level examiners in maintaining daily contact, oral and written, with applicants regarding the day-to-day review. 
• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

Minimum Qualifications

• Requires knowledge, skill, and mental development equivalent to the completion of four years of college; or possession of a Certified Public Accountant rating.

• Requires completion of the approved agency training program; or one year of professional experience involving either examinations of financial institutions or the equivalent professional experience within a financial institution.
• This class is included as an Upward Mobility Program credential title.

Preferred Qualifications

• Prefers at least three years of experience working in a bank or financial institution.
• Prefers at least three years of experience working in a pawn brokerage or similar environment.
• Prefers at least two years of auditing experience.

Conditions of Employment

• Requires the ability to pass an agency conducted background check.
• Requires the ability to travel frequently and extensively, both in and out of state.
• Statement of Economic Interest:
  This position has been found to meet the requirements in section 4A-101 of the Illinois Governmental Ethics Act requiring the occupant/employee to file a Statement of Economic Interest. The Illinois Governmental Ethics Act (5 ILCS 420/4A et seq.) requires certain state officials and employees to file annual Statements of Economic Interest with the Office of the Secretary of State that will be made available for examination and copying by the public. All employees required to file a Statement of Economic Interest are also required to file the Supplemental Statement of Economic Interest with the Executive Ethics Commission. (See Executive Order 15-09) Fines and penalties apply to untimely filings.
• Requires the possession of a valid, appropriate drivers license, and access to a vehicle for travel.
• The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.    

Agency Statement

IDFPR is a regulatory licensing and enforcement agency that protects the residents of Illinois, ensures the safety and soundness of financial institutions, ensures that competent professionals are licensed to provide services to the public, and enhances commerce in the state for the benefit of all its residents.