Job Description

Financial Examiner for Large and Unique Banks and Financial Institutions Location: State of Indiana Work for Indiana Grow your career with the State of Indiana! With more than 50 executive branch agencies, the State of Indiana is a diverse workforce offering employees stimulating and challenging projects across a broad scope of career opportunities. As a State of Indiana employee, you impact the well-being of Indiana's communities every day. At the State of Indiana, we don't just talk about diversity and inclusion - Our goal is to create a welcoming, accessible, and equitable workplace, with a workforce that is representative of the State of Indiana population. As a proud equal opportunity employer, reasonable accommodations may be available to enable individuals with disabilities to interview and to perform the essential functions of a role. Next Level benefits at the State of Indiana are here! Be sure to review our expanded benefit package offerings below. About The Department of Financial Institutions: The Indiana Department of Financial Institutions (DFI) works to promote the growth and prosperity of local Indiana communities through effective and common-sense regulation. The DFI is the direct supervisor and chartering authority for over 115 Indiana headquartered Banks, Credit Unions, Private Trust Companies, and Industrial Loan Corporations. The DFI is seeking qualified candidate(s) to work in a dynamic and high-performing environment, with a well-identified career path and significant opportunities to progress throughout the organization. The financial examiner will have direct interaction with many of the largest and most complex financial institutions headquartered in Indiana. Salary: This position is considered a Senior Examiner position, starting examiner salary for an individual with this role is $75,010 with a potential opportunity for starting adjustment based on relevant experience and skillset of the applicant, and significant future upward mobility based on displayed performance and experience in various situations in the large and unique institutions portfolio. The Department utilizes eight different examiner level classifications based on experience and skills retained. Senior examiner positions are available for those individuals with experience deemed appropriate for those levels and compensation may be adjusted based on relevant experience. About this Large and Unique Institutions Financial Examiner - Depository role: The DFI is hiring two (2) candidates for this position. The Large and Unique Institutions Financial Examiner - Depository Division for the Indiana Department of Financial Institutions will require some travel (including some overnight travel) in the State of Indiana. The position will assist in examining the safety and soundness of state-chartered large and unique financial institutions, including assessing financial performance, inherent risk levels, and risk management practices in certain examination functions. The large and unique financial institution portfolio encompasses financial institutions with product lines and business strategies that may differ from a traditional community bank platform and/or due to the size of the financial institution require a different and more in-depth regulatory oversight process. An organizations risk tolerance and risk management activities are the focus of these reviews, encompassing concepts such as enterprise risk management, corporate governance, model risk management, and advanced reviews of the key financial and operational functions of each institution. The position will work with other examiners on the unique institution team and will also work alongside examiners from the FDIC and the Federal Reserve Bank. The individual will initially focus on assisting examination processes, leading target examinations, and performing routine monitoring of the financial institution portfolio, with the ultimate goal for the individual to serve as the resident central point of contact for at least one of the financial institutions in the portfolio. The position will be tasked with assisting in the supervision of the state's largest and most unique state-chartered institutions. The position will be tasked with understanding the business practices, strategies, and unique risks associated with a subset of the agency's financial institution portfolio. The individual will work collectively with the DFI team but also with a team of individuals from the federal regulators and the financial institutions in which the agency supervises. About the Job: As the Financial Examiner, you will be responsible for working individually and collectively performing a variety of examination related tasks to determine a financial institution's solvency and compliance with state laws and regulations. In this position, you will examine and have conversations with institutions of larger size and complexity. You will develop and execute examination plans, building upon