Address
Form of workAgency : Department of Financial and Professional Regulation
Division/Section/Unit: Banking/Banks, Trust Companies and Savings Institutions/Community Reinvestment Act
HR Tracking #: 35981
Working Title: Bank Examiner I- Upward Mobility Program
Closing Date/Time: 04/12/2024
Salary: Anticipated Starting Salary $4824 a month; Full Range $4824-$7,059 a month
Job Type: Salaried
County: Cook
Number of Vacancies: 1
Plan/BU: RC062
This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.
All applicants who want to be considered for this position MUST apply electronically through the illinois.jobs2web.com website. State of Illinois employees should click the link near the top left to apply through the SuccessFactors employee career portal.
Applications submitted via email or any paper manner (mail, fax, hand delivery) will not be considered.
Posting Identification Number 36452
Essential Function 1
In conjunction with higher-level examiners, travels to perform Community Reinvestment Act ("CRA") performance evaluations of state-chartered banks, data processing centers and/or service providers assigned to the Banks, Trust Companies, and Savings Institutions Section in the Division of Banking.
• Is assigned less complex portions of the examination process to complete for review and inclusion in the final CRA performance evaluation.
• Attends and successfully completes classroom and on-the-job training as required to gain knowledge and skill in the bank, the CRA performance evaluation process and state and federal laws and regulations
Essential Function 2
Gathers information, conducts analysis, assesses compliance with laws and regulations, and evaluates consumer compliance and CRA practices.
• Assesses compliance with all applicable laws and regulations.
• Assesses consumer compliance risk management program, compliance with applicable consumer protection laws and regulations, and performance under the CRA.
• Examines relevant demographic, economic, and loan data (including aggregate lending trends) to the extent available.
• Assesses which CRA examination procedures will be used based on the institution's asset size.
• Assesses the loan categories that will be included in the Lending Test.
Essential Function 3
Assesses and monitors compliance issues within institutions that must comply with Fair Lending laws, including assessing risk, developing supervisory strategies, determining the scope of supervisory activities and developing responses to address risks.
• Assesses the capability of management, the effectiveness of board supervision, the soundness of adopted policies and procedures and the effect of CRA activities on the overall soundness of an institution.
• Evaluates the institution's performance relative to fair lending policies and practices
Essential Function 4
Completes the CRA performance evaluation and supporting work papers, verifies arithmetic calculations, communicates findings and recommendations, and submits to superior for review, input and inclusion in completed evaluations.
• Attends meetings with licensed institution's management and the board of directors to discuss or explain performance evaluation findings relative to the previously mentioned duties.
Essential Function 5
Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
Minimum Qualifications
1. Requires knowledge, skill and mental development equivalent to completion of four years of college with courses in accounting, corporate finance, banking and monetary theory.
2. Requires successful completion of the Financial Institutions Examiner Trainee program.
Preferred Qualifications
1. Prefers successful completion of the FDIC Community Reinvestment Act School.
2. Prefers at least four years of experience working in a bank or financial institution.
3. Prefers at least three years of auditing experience.
4. Prefers at least four years of experience working in a professional office environment.
Employment Conditions
1. Requires the ability to pass an agency conducted background check.
2. Requires ability to travel frequently and extensively, both in-state and out-of-state.
3. Requires a valid appropriate driver's license and access to a vehicle for travel.
Work Hours: 8:30am-5:00pm M-F
Work Location: 555 West Monroe Street, Chicago IL 60661
Agency Contact: FPR.Employment@illinois.gov
Posting Group: Legal, Audit & Compliance
This title is within the Upward Mobility Program. General Program information can be found by clicking on the Upward Mobility Program link or for specific title information at UMP Title Descriptions. There are three categories of UMP titles: 1) certificate titles which require passing a written proficiency exam; 2) credential titles which require the possession of a specified college degree and/or licensure; and 3) dual titles for which a certificate may be earned by following either the certificate or credential pathway.
This position [DOES/DOES NOT] contain "Specialized Skills" (as that term is used in CBAs).
APPLICATION INSTRUCTIONS
Use the "Apply" button at the top right or bottom right of this posting to begin the application process.
If you are not already signed in, you will be prompted to do so.
State employees should sign in to the career portal for State of Illinois employees - a link is available at the top left of the Illinois.jobs2web.com homepage in the blue ribbon.
Non-State employees should log in on the using the "View Profile" link in the top right of the Illinois.jobs2web.com homepage in the blue ribbon. If you have never before signed in, you will be prompted to create an account.
If you have questions about how to apply, please see the following resources:
State employees: Log in to the career portal for State employees and review the Internal Candidate Application Job Aid
Non-State employees: on Illinois.jobs2web.com - click "Application Procedures" in the footer of every page of the website.
The main form of communication will be through email. Please check your "junk mail", "spam", or "other" folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
Division/Section/Unit: Banking/Banks, Trust Companies and Savings Institutions/Community Reinvestment Act
HR Tracking #: 35981
Working Title: Bank Examiner I- Upward Mobility Program
Closing Date/Time: 04/12/2024
Salary: Anticipated Starting Salary $4824 a month; Full Range $4824-$7,059 a month
Job Type: Salaried
County: Cook
Number of Vacancies: 1
Plan/BU: RC062
This position is a union position; therefore, provisions of the relevant collective bargaining agreement/labor contract apply to the filling of this position.
All applicants who want to be considered for this position MUST apply electronically through the illinois.jobs2web.com website. State of Illinois employees should click the link near the top left to apply through the SuccessFactors employee career portal.
Applications submitted via email or any paper manner (mail, fax, hand delivery) will not be considered.
Posting Identification Number 36452
Essential Function 1
In conjunction with higher-level examiners, travels to perform Community Reinvestment Act ("CRA") performance evaluations of state-chartered banks, data processing centers and/or service providers assigned to the Banks, Trust Companies, and Savings Institutions Section in the Division of Banking.
• Is assigned less complex portions of the examination process to complete for review and inclusion in the final CRA performance evaluation.
• Attends and successfully completes classroom and on-the-job training as required to gain knowledge and skill in the bank, the CRA performance evaluation process and state and federal laws and regulations
Essential Function 2
Gathers information, conducts analysis, assesses compliance with laws and regulations, and evaluates consumer compliance and CRA practices.
• Assesses compliance with all applicable laws and regulations.
• Assesses consumer compliance risk management program, compliance with applicable consumer protection laws and regulations, and performance under the CRA.
• Examines relevant demographic, economic, and loan data (including aggregate lending trends) to the extent available.
• Assesses which CRA examination procedures will be used based on the institution's asset size.
• Assesses the loan categories that will be included in the Lending Test.
Essential Function 3
Assesses and monitors compliance issues within institutions that must comply with Fair Lending laws, including assessing risk, developing supervisory strategies, determining the scope of supervisory activities and developing responses to address risks.
• Assesses the capability of management, the effectiveness of board supervision, the soundness of adopted policies and procedures and the effect of CRA activities on the overall soundness of an institution.
• Evaluates the institution's performance relative to fair lending policies and practices
Essential Function 4
Completes the CRA performance evaluation and supporting work papers, verifies arithmetic calculations, communicates findings and recommendations, and submits to superior for review, input and inclusion in completed evaluations.
• Attends meetings with licensed institution's management and the board of directors to discuss or explain performance evaluation findings relative to the previously mentioned duties.
Essential Function 5
Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
Minimum Qualifications
1. Requires knowledge, skill and mental development equivalent to completion of four years of college with courses in accounting, corporate finance, banking and monetary theory.
2. Requires successful completion of the Financial Institutions Examiner Trainee program.
Preferred Qualifications
1. Prefers successful completion of the FDIC Community Reinvestment Act School.
2. Prefers at least four years of experience working in a bank or financial institution.
3. Prefers at least three years of auditing experience.
4. Prefers at least four years of experience working in a professional office environment.
Employment Conditions
1. Requires the ability to pass an agency conducted background check.
2. Requires ability to travel frequently and extensively, both in-state and out-of-state.
3. Requires a valid appropriate driver's license and access to a vehicle for travel.
Work Hours: 8:30am-5:00pm M-F
Work Location: 555 West Monroe Street, Chicago IL 60661
Agency Contact: FPR.Employment@illinois.gov
Posting Group: Legal, Audit & Compliance
This title is within the Upward Mobility Program. General Program information can be found by clicking on the Upward Mobility Program link or for specific title information at UMP Title Descriptions. There are three categories of UMP titles: 1) certificate titles which require passing a written proficiency exam; 2) credential titles which require the possession of a specified college degree and/or licensure; and 3) dual titles for which a certificate may be earned by following either the certificate or credential pathway.
This position [DOES/DOES NOT] contain "Specialized Skills" (as that term is used in CBAs).
APPLICATION INSTRUCTIONS
Use the "Apply" button at the top right or bottom right of this posting to begin the application process.
If you are not already signed in, you will be prompted to do so.
State employees should sign in to the career portal for State of Illinois employees - a link is available at the top left of the Illinois.jobs2web.com homepage in the blue ribbon.
Non-State employees should log in on the using the "View Profile" link in the top right of the Illinois.jobs2web.com homepage in the blue ribbon. If you have never before signed in, you will be prompted to create an account.
If you have questions about how to apply, please see the following resources:
State employees: Log in to the career portal for State employees and review the Internal Candidate Application Job Aid
Non-State employees: on Illinois.jobs2web.com - click "Application Procedures" in the footer of every page of the website.
The main form of communication will be through email. Please check your "junk mail", "spam", or "other" folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
- donotreply@SIL-P1.ns2cloud.com
- systems@SIL-P1.ns2cloud.com
