DOB - Financial Examiner II - III: Commercial Bank Examiner (Dallas, Houston, San Antonio)

Financial Examiner II and III: Commercial Bank Examiner

Working Title: Financial Examiner II and III: Commercial Bank Examiner

Classification: Financial Examiner II - III

Class No. / Sal Grp: U1102 and U1104 / EE00

Monthly Salary: FE II - $6,528.00 FE III - $7,131.00 Salary/Classification Commensurate with Qualifications - Salary for each classification is a set rate.

Location: Dallas, Houston, San Antonio

FLSA Status: Non-Exempt / Exempt

Overnight Travel: Extensive Travel - Up to 50%

Mission: The mission of the Texas Department of Banking is to ensure Texas has a safe, sound, and competitive financial services system.

General Description: Works as part of a team that examines the financial condition of state-chartered banks by following approved Departmental policies and procedures. Reviews and analyzes bank records to determine the bank's financial condition and compliance with laws, regulations, supervisory guidelines, and internal policies and procedures. Actively participates in on-the-job training and formal training to acquire basic banking knowledge and bank supervisory skills. Participates in training designed to enhance oral and written communication skills, acquire fundamental analytical skills, and develop strong work ethics. Uses personal computers for various operations and to assist in preparing reports.

Job Duties and FE II:

• Complete all detail assignments with limited supervision.
• Demonstrate knowledge of regulatory policies, procedures, laws and regulations.
• May assist in the examination of trust companies or information technology departments.
• Act as assistant examiner-in-charge (AEIC) at most financial institutions. May also act as the EIC, under direct supervision, at smaller, non-problem financial institutions.
• Review pre-examination data and assist with analyzing, evaluating, and interpreting information to assess capital, asset quality, management, earnings, liquidity, and sensitivity to market risk.
• Prepare examination related documents such as workpapers and procedures.
• Attend or participate in meetings with bank personnel, management, and boards of directors.
• Interact with and interview bank personnel of various levels to obtain information and documents, determine awareness of policies, practices, and laws and regulations, and provide feedback regarding examination activities.
• Prepare written comments and conclusions of CAMELS component areas when acting as the AEIC.
• Complete assigned tasks in a thorough and timely manner.
• Attend all assigned schools and training seminars in the prescribed training matrix.
• Communicate examination findings to bank management and boards of directors, under direct supervision.
• Develop a basic understanding of financial and credit analysis, with direct supervision. Obtain information needed from management through loan discussions to make an informed credit evaluation decision in a non-complex situation. Prepare written summarizations of criticized or adversely classified assets.

Job Duties and FE III:

• All listed job duties listed above.
• Effectively prepare both the operational portion of the examination report and a thorough tieback before submission to the regional office.
• Achieve general understanding of financial and credit analysis. Supervision for the Senior Assistant is primarily limited to training on large, complex, or unusual loan relationships or situations.
• Assist in the supervision, training, and evaluation of subordinate personnel.
• Performs related work as assigned.

Qualifications:

Required Minimum Qualification: Experience and Education Requirements:

• Financial Examiner II:
• Graduation from an accredited four-year college or university with major course work in finance, accounting, economics, business administration or job-related field with a minimum of six hours in accounting, nine hours preferred, to include basic and / or intermediate accounting courses.
• Must have a minimum grade point average of 2.50 on a 4.0 scale for all accounting hours.
• Must have a minimum overall grade point average of 2.75 on a 4.0 scale.
• A graduate degree in finance, accounting, business administration, economics, or job-related field may substitute for an undergraduate degree that is not business related.
• One-year progressive, responsible experience in the regulation, examination, and analysis of financial institutions. i.e. Federal Deposit Insurance Corporation, Federal Reserve Bank, Office of the Comptroller of the Currency
• Financial Examiner III:
• Same Educational requirements of a Financial Examiner II (above)
• Satisfactory completion of all loan procedures, numerous times, and performed EIC assignments a sufficient number of times.
• Successful completion (or scheduled to take) of bank operations, credit, and EIC schools, or their equivalents.
• Two years of progressive, responsible experience in the regulation, examination, and analysis of financial institutions. i.e. Federal Deposit Insurance Corporation, Federal Reserve Bank, Office of the Comptroller of the Currency
• Copy of official college transcripts must be submitted with The State of Texas Application for Employment.

Preferred Qualifications:

• Work experience with a financial institution desired.
• Bilingual in Spanish and English with the ability to communicate well, both verbally and in writing.

Special Requirements:

• Position requires at least 50% overnight travel.
• Must possess or obtain within 90 days a valid Texas Drivers license. Satisfactory driving records are required for driving any vehicle to conduct agency business. Final applicants must certify that personally owned vehicles used for agency business have Texas minimum liability coverage and a valid state inspection.
• This position requires that the incumbent demonstrate strong personal financial responsibility and integrity.
• Applicants selected for an interview may be asked to complete a work style profile.
• Final applicants may be subject to an employment credit check, driving record check, and criminal background check.
• State law prohibits any employee of the Department from being or becoming directly or indirectly indebted to or financially interested in an entity supervised or regulated by the Banking Commissioner. See Texas Finance Code, Section 12.107.
• For any previous regulatory or industry experience, the applicant selected may be required to provide a training profile reflecting courses attended with previous employers.

Knowledge, Skills, and Abilities:

• Demonstrates clear and effective oral and written communication skills.
• Possesses working knowledge in the use of personal computers, especially word processing and spreadsheet programs.
• Accuracy in performing mathematical and financial calculations.
• Skill in collecting, analyzing, and documenting research data.
• Skill in preparing accurate written reports on research findings.
• Ability to maintain effective working relationships with supervisors, co-workers, team members, regulated entity employees, and the public.
• Ability to be self-motivated and follow established procedures involved in examinations and understand the overall operations involved.
• Ability to learn moderately complex technical issues and maintain complex records.
• Ability to learn to analyze financial statements, reports, records, and forms.