FINANCIAL INSTITUTIONS EXAMINER TRAINEE - Upward Mobility Program
Chicago, IL, US, 60661
Job Requisition ID: 45796
Division/Section/Unit: Banking/ Banks, Trust Companies, and Savings Institutions/ Community Reinvestment Act
HR Tracking #: 45796
Position Title: Financial Institutions Examiner Trainee - Upward Mobility Program
Closing Date/Time: 04/03/2025
Agency: Department of Financial and Professional Regulation
Class Title: FINANCIAL INST EXAM TRAINEE - 14978
Skill Option: None
Bilingual Option: None
Salary: Anticipated starting salary $4,575 per month. Full range $4,575 - $6,285 per month.
Job Type: Salaried
Category: Full Time
County: Cook
Number of Vacancies: 1
Plan/BU: RC062
This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.
All applicants who want to be considered for this position MUST apply electronically through the illinois.jobs2web.com website. State of Illinois employees should click the link near the top left to apply through the SuccessFactors employee career portal.
Applications submitted via email or any paper manner (mail, fax, hand delivery) will not be considered.
Posting Identification Number 45796
Why Work for Illinois?
Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you’re helping to improve schools, protect our natural resources, or support families in need, you’re part of something bigger—something that touches the lives of every person who calls Illinois home.
No matter what state career you’re looking for, we offer jobs that fit your life and your schedule—flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.
Position Overview
Under direct supervision, for a period of six to twelve months, receives on the job and classroom training and completes assignments to acquire knowledge and skills in performing evaluations assigned to the Banks, Trust Companies and Savings Institutions Section in the Division of Banking. Assists higher level examiners, travels, and receives training in gathering information to analyze consumer compliance risk and Community Reinvestment Act (“CRA”) practices; to analyze and evaluate the institution’s compliance with consumer protection laws and regulations; to analyze relevant demographic, economic, and loan data; and to analyze and evaluate compliance with Fair Lending laws. Participates in seminars and classroom training.
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://www2.illinois.gov/cms/benefits/Pages/default.aspx
Essential Functions
- Assists higher level examiners, travels and receives training in gathering information to analyze consumer compliance risk and CRA practices, the adequacy and extent of compliance with policies, procedures, and internal controls.
- Assists higher level examiners, travels and receives training in gathering information to analyze and evaluate the institution’s compliance with consumer protection laws and regulations, performance under the CRA, and the extent of compliance with state and federal laws, rules and regulations.
- Assists higher level examiners, travels and receives training in gathering information to analyze relevant demographic, economic, and loan data (including aggregate lending trends) to the extent available.
- Assists higher level examiners and receives training in gathering information to analyze and evaluate compliance with Fair Lending laws.
- Participates in seminars and classroom training to learn more about the IL CRA and various state and federal laws, rules and regulations.
- Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
Minimum Qualifications
- Requires possession of a bachelor's degree in accounting, finance, economics or banking; or a master’s degree in business administration.
- This class is included as an Upward Mobility Program credential title.
Preferred Qualifications
- Prefers at least four years of experience working in a bank or financial institution.
- Prefers at least three years of auditing experience.
- Prefers at least four years of experience working in a professional office environment.
Condtions of Employment
- Requires completion of a background check and self-disclosure of criminal history.
- Requires ability to travel frequently and extensively both in-state and out-of-state.
- Requires the possession of a valid, appropriate driver’s 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.
Work Hours: Monday - Friday 8:30am - 5:00pm
Work Location: Chicago - 555 West Monroe Street
Agency Contact: FPR.Employment@illinois.gov
Posting Group: Legal, Audit & Compliance
Revolving Door: Certain provisions of the revolving door restrictions contained in 5 ILCS 430/5-45 apply to this position. As a result, the employee should be aware that if offered non-State employment during State employment or within one year immediately after ending State employment, the employee shall, prior to accepting any such non-State employment offer, notify the Office of the Executive Inspector General for the Agencies of the Illinois Governor (“OEIG”) or may be subject to a fine.
This title is within the Upward Mobility Program. General Program information can be found by clicking on the Upward Mobility Program link or for specific title information at UMP Title Descriptions. There are three categories of UMP titles: 1) certificate titles which require passing a written proficiency exam; 2) credential titles which require the possession of a specified college degree and/or licensure; and 3) dual titles for which a certificate may be earned by following either the certificate or credential pathway.
This position DOES NOT contain “Specialized Skills” (as that term is used in CBAs).
APPLICATION INSTRUCTIONS
Use the “Apply” button at the top right or bottom right of this posting to begin the application process.
If you are not already signed in, you will be prompted to do so.
State employees should sign in to the career portal for State of Illinois employees – a link is available at the top left of the Illinois.jobs2web.com homepage in the blue ribbon.
Non-State employees should log in on the using the “View Profile” link in the top right of the Illinois.jobs2web.com homepage in the blue ribbon. If you have never before signed in, you will be prompted to create an account.
If you have questions about how to apply, please see the following resources:
State employees: Log in to the career portal for State employees and review the Internal Candidate Application Job Aid
Non-State employees: on Illinois.jobs2web.com – click “Application Procedures” in the footer of every page of the website.
The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
- donotreply@SIL-P1.ns2cloud.com
- systems@SIL-P1.ns2cloud.com
Nearest Major Market: Chicago