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Title:  Financial Examiner II

Application Deadline Date:  05/30/2022
Req ID:  27921
Department:  Financial Regulation
Location: 

Home Based, VT, US

Position Type:  Permanent
Schedule Type:  Full Time
Hourly Rate:  $24.20

Overview

The banking division seeks an independent, organized candidate with sound financial analysis, interpersonal and communication skills.   The team-based position examines state-chartered financial institutions and other financial services licensees for safety & soundness, risk management practices, financial solvency, and compliance with laws and regulations.  Duties include financial statement analysis, risk identification and mitigation, Information technology environment reviews, assessing internal controls, strategic planning and senior management/stakeholder engagement.  Extensive knowledge of Vermont and Federal banking rules and regulations required.  Previous experience with financial technology (fintech) a plus. Home-based with private means of travel within Vermont required.

Who May Apply

This position, Financial Examiner II (Job Requisition #27921), is open to all State employees and external applicants.
If you would like more information about this position, please contact Aaron Ferenc at Aaron.Ferenc@vermont.gov.
Please note that multiple positions in the same work location may be filled from this job posting.
Resumes will not be accepted via e-mail. You must apply online to be considered.

Class Definition

Auditing, examining and supervisory work involving financial and managerial inspection of state chartered financial institutions and services regulated by the Department of Banking, Insurance, Securities and Health Care Administration. Examinations seek to evaluate the solvency of the institution, compliance with state requirements, general competence of management, the adequacy of the institution's policy, procedures, and internal controls, and the quality of the internal and external audit programs. Factors distinguishing this level from the Financial Examiner I level are: An incumbent of this class is frequently an Examiner-in-charge, providing supervision and training to subordinate examiners, may present examination findings directly to the Department's legal counsel or commissioner, and may testify at hearings. Duties are performed under the general direction of the division director.

Environmental Factors

Work is performed at the offices of various regulated financial institutions, requiring extensive travel. Private means of transportation is required. Human relation skills are needed in meeting and obtaining cooperation of the institution's management and staff in reviewing problem areas and suggesting recommendations for improvement.

Minimum Qualifications

Bachelor's degree in accounting, business administration, finance, economics or a closely related field AND three (3) years or more at or above a technical level in accounting, auditing, finance, money and banking, or credit management.

OR

Associate's degree in accounting, business administration, finance, economics or a closely related field AND five (5) years or more at or above a technical level in accounting, auditing, finance, money and banking, or credit management.

OR

Eighteen months or more of experience as a Financial Examiner I with the State of Vermont, with satisfactory completion of agency training and performance requirements.

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:
  • 80% State paid medical premium
  • Dental Plan at no cost for employees and their families
  • Flexible Spending healthcare and childcare reimbursement accounts
  • Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
  • Work/Life balance: 11 paid holidays each year and a generous leave plan; many jobs also allow for a flexible schedule
  • Low cost group life insurance
  • Tuition Reimbursement
  • Incentive-based Wellness Program
  • Qualified Employer for Public Service Student Loan Forgiveness Program
Want the specifics? Explore the Benefits of State Employment on our website.

Equal Opportunity Employer

The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State’s employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.