Financial Chief Examiner

Under the direction of the Assistant Director of Financial Institutions the Chief Examiner directs examinations leads teams of financial institution examiners and ensures that regulated entities (state banks credit unions and trust companies) comply with state and federal law. Carries out the full range of examination assignments and is assigned the most difficult complex examinations for financial institutions.

Participates in examination exit meetings with management and directors. Reviews reports of examinations for accuracy before sending them to the AD for final approval. Responsible for assisting with day to day duties assist with the review of systemic industry issues public inquires and licensee and potential licensee inquiries.

Serves as an active member of the Financial Institutions leadership team and fulfill related administrative responsibilities as assigned. This role involves significant inter-agency coordination with federal regulators (e.g. FDIC Federal Reserve) as well as other state departments. Attend various trainings conferences seminars or presentations as required for and related to job functionality; this may at times require travel.

The position will also serve as a direct point of contact with the regulated industry and will have ongoing communications with industry representatives on various regulatory and compliance matters.

Strategic Leadership & Examination Oversight

Manage multi-disciplinary teams of examiners assigning tasks based on institution risk profiles and specialized domains (e.g. credit risk BSA/AML capital adequacy liquidity consumer compliance)

Establish supervisory strategies and examination priorities based on market trends macroeconomic conditions and emerging risks

Direct schedule and oversee comprehensive examinations for complex financial institutions

Risk Assessment & Compliance Verification

Ensure strict adherence to regulatory frameworks such as the Bank Secrecy Act (BSA) Anti-Money Laundering (AML) standards OFAC rules and consumer protection laws

Evaluate capital adequacy asset quality management performance earnings liquidity and sensitivity to market risk (CAMELS rating framework)

Review financial statements balance sheets loan portfolios and internal controls to detect operational or systemic vulnerabilities

Examination

Examines records accounts and portfolios of licensees for compliance with state laws and regulations and conducts risk assessments

May participate in investigations relating to reported violations and business irregularities

Reviews call reports. Recommends actions and writes reports

Policy & Staff Management

Develop internal examination guidelines procedures and training programs for examination personnel

Mentor senior and junior examiners and overseeing professional development

Other duties as assigned as related to the position

Knowledge:

Understanding of state and federal bank trust and credit union laws rules regulations policies procedures and best practices

Knowledge of generally accepted and regulatory accounting practices and principles and examination procedures

Knowledge of computerized word processing spreadsheets Adobe databases and applications

Knowledge in general auditing standards and procedures

Knowledge of supervisory concepts and techniques

Understanding of financial institutions operations

Skills:

Strong organizational skills including the ability to use and create organizational tools to carry out the duties of the job

Applying federal and state laws rules and regulations as they pertain to licensees operations and activities

Skills in research analysis synthesize compile and effectively report on complex financial data

Skills in being objective fair and reasonable when reviewing documents and policies

Applying examining and accounting methods and techniques

Skills in accurately analyzing and interpreting data

Interpreting complex laws rules and regulations

Strong written and verbal communication skills

Work management and leadership

Business and diplomatic skills

Resolve complex problems

Mathematical calculations

Strong analytical skills

Ability:

Ability to work well in a team environment and to interact with staff and management at various financial institutions

Ability to detect trends conditions and practices that might affect the financial condition of a financial institution

Ability to multi-task and manage multiple projects with potentially different time frame requirements

Ability to research and learn applicable regulations guidance and practices and procedures

Ability to apply good judgment and draw sound conclusions given financial data

Ability to apply laws and standards appropriately when evaluating data

Ability to adapt to changing expectations and environments

Ability to travel with overnight stays away from home base

Ability to compose clear and concise audit reports

Organize and prioritize multiple complex projects

Employees who drive on state business are subject to drivers license record checks must maintain acceptable driving records and must complete any required driver training (see Arizona Administrative Code R.12.)

Requires possession of and ability to retain a current valid state-issued drivers license appropriate to the assignment

If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business then the following requirements apply:Drivers License Requirements.

The State of Arizona offers a comprehensive benefits package to include:

Optional employee benefits include short-term disability insurance deferred compensation plans and supplemental life insurance

Life insurance and long-term disability insurance

Vacation plus 10 paid holidays per year

Health and dental insurance

Retirement plan

Sick leave

Learn more about the Paid Parental Leave programhere. For a complete list of benefits provided by The State of Arizona please visit our benefits page

Positions in this classification participate in the Arizona State Retirement System (ASRS)

Please note that enrollment eligibility will become effective after 27 weeks of employment

If you have any questions please feel free to contact Sarah Haley at