Financial Institutions Examiner 3

***THIS RECRUITMENT MAY CLOSE WITHOUT FURTHER NOTICE DEPENDING ON THE NUMBER OF APPLICATIONS RECEIVED. APPLICANTS ARE ENCOURAGED TO APPLY AS SOON AS POSSIBLE***

The Department of Business and Industry is recruiting to fill a Financial Institutions Examiner 3 position within the Financial Institutions Division in Las Vegas. Under limited supervision the incumbents primary responsibility is to serve as a lead; overseeing the day-to-day activities of the examination of financial institutions. The incumbent will coordinate team members overall work assignments and/or specific work assignments in the specialty area coordinates team members on-the-job training ensure compliance with established procedures for collecting and correlating information produced by other team members analyzes collected information to write the Report of Examination as required by established policies and procedures and regulatory partners and presents the examination report to the institutions management and board of directors.

Bachelors degree from an accredited college or university in business administration accounting economics finance or related discipline and two years of increasingly responsible professional experience conducting audits and/or examining financial records and reports; OR one year of experience as a Financial Institutions Examiner II in Nevada State service; OR an equivalent combination of education and experience as described above.

Review an institutions prior examinations correspondence and documents on file in order to become familiar with the nature of the institution and to develop an exam plan.

Ensure compliance with regulatory licensing requirements for various types of financial entities including depository trust lending collection 1031 exchange and money transmission entities.

Conduct entrance and exit meetings with management of the institution to answer questions regarding the examination verify facts and discuss findings.

Review activities to ensure compliance with laws and regulations; evaluate internal and external audit procedures to ensure that adequate controls are in place; analyze the financial and operating condition of each institution to assist in the determination of the institutions safe and sound operation and overall condition.

Analyze key safety and soundness components ratios and trends; review adequacy of capital to assets and liabilities; determine the viability of loans and investments; evaluate the adequacy of management policy and procedures earnings and liquidity; determine market and interest rate sensitivity; examine interest rates and fees applied; verify cash deposit and share account balances.

Prepare and/or assimilate and analyze reports prepared by assisting examiners and arrive at a conclusion regarding the overall condition of the institution; prepare final report detailing findings and recommendations; assist in coordinating appropriate corrective measures in accordance with established laws regulations policies and procedures. Review investigate and process licenses for newly approved institutions and for institutions renewing their licenses; make recommendations for acceptance or denial; respond to informational inquiries and complaints from licensees and the general public; conduct follow-up investigations as necessary; and take enforcement actions as necessary or make referrals to the criminal division in the Attorney Generals Office if warranted.

Perform related duties as assigned.

This job specification lists the major knowledge skills and abilities of the job and is not all inclusive. Incumbent(s) will be expected to have knowledge skills and abilities from a previous level.

Working knowledge of:scoping developing and conducting financial examinations; verification of records work papers and related financial statements; proper documentation methods; detection of records variances; federal and State laws and regulations governing financial activities and establishments; operating trends and affiliated business transactions to determine solvency and regulatory compliance.

Ability to: serve as the lead on examinations in a specialty area; coordinate work assignments; conduct on-the-job training; analyze issues; develop action plans to complete examinations; conduct independent examinations and plan and coordinate rehabilitation efforts of troubled organizations and determine regulatory compliance relative to the business operations.

Recruiter Contact Information: Kara Carmonne-

The State of Nevada is an equal opportunity employer dedicated to building diverse inclusive and innovative work environments with employees who reflect our communities and enthusiastically serve them. All applicants are considered without regard to race color national origin religion or belief age disability sex sexual orientation gender identity or expression pregnancy domestic partnership genetic information (GINA) or compensation and/or wages.

Please send direct Inquiries or correspondence to the recruiter listed on this announcement.