FINANCIAL INSTITUTIONS EXAMINER I - DFI CREDIT UNION SANGAMON

Position Overview

In accordance with detailed procedures outlined in the Division of Financial Institutions Examiner Manual, independently conducts statutory exams of small, non-complex state- chartered credit unions and assists higher level examiners in medium to large, more complex state-chartered credit unions, with duties including, but not limited to:
Compiles a detailed and comprehensive report to support findings developed from the exam of the credit union being examined and submits findings and recommendations to examiner in charge. Discusses with management of credit unions being examined the results of the exam and provides routine advice and assistance.  Attends and participates in staff meetings and seminars to receive supervisory direction.  Works in conjunction and cooperation with Federal counterparts in performing either concurrent or joint examinations of financial institutions.  Participates and completes various trainings as required.  Performs other related duties as required or assigned which are reasonably with the scope of the duties enumerated above.

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

• In accordance with detailed procedures outlined in the Division of Financial Institutions Examiner Manual, independently conducts statutory exams of small, non-complex state- chartered credit unions and assists higher level examiners in medium to large, more complex state-chartered credit unions.

• Compiles a detailed and comprehensive report to support findings developed from the exam of the credit union being examined and submits findings and recommendations to examiner in charge.

• Discusses with management of credit unions being examined the results of the exam and provides routine advice and assistance.

• Attends and participates in staff meetings and seminars to receive supervisory direction.

• Works in conjunction and cooperation with Federal counterparts in performing either concurrent or joint examinations of financial institutions.

• Participates and completes various trainings as required.

• Performs other related duties as required or assigned which are reasonably with 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 professional experience involving either examination of financial institutions or the equivalent professional experience within a financial institution.

• This class is included as an Upward Mobility Program credential title.

• Per the Supplemental Agreement: Any Financial Institution Examiner Trainee who meets satisfactory performance levels in the position for one (1) year shall be advanced to the Financial Institution Examiner I title.

Preferred Qualifications

• Position prefers a bachelor’s degree in accounting, finance, economics or banking, or a master’s degree in business administration.

• Position prefers three years of audit or examination experience of banks, credit unions, mortgage companies, or other financial institution within the last 48 months.

• Position prefers three years of professional office experience in a legal office, insurance office, lending office or other similar financial institution within last 48 months.

• Position prefers three years of experience collecting and analyzing financial data, as well as drafting detailed and complicated examination reports within last 48 months.

• Prefers thirty-six months working knowledge of business administration, policy & procedures, and operation practices of financial institutions within last 48 months.

• Position prefers working knowledge of State and Federal laws and regulations governing the financial industry and how they are applied.

• Position prefers three years of experience working with technology used by financial institutions or financial government regulators within last 48 months.

Conditions of Employment

• Requires possession of valid driver’s license.

• Requires the ability to travel extensively.

• Requires the ability to pick up and carry at least 25 lb. of equipment to and from job sites.

• Requires the ability to pass an Agency conducted background check.

• 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 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.

• 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.