Company

State Of MichiganSee more

addressAddressLansing, MI
type Form of workFull-Time
CategoryAccounting/Finance

Job description

The Department of Insurance and Financial Services (DIFS) is seeking an individual to work in public service as a Financial Institution Examiner in the Office of Consumer Finance. This is an opportunity to build a lifelong career doing work that truly matters - helping to protect consumers and maintain public confidence in Michigan's financial services industry.
The right candidate will play an important role in the Office of Consumer Finance's work to regulate companies that millions of Michiganders rely on every day, including mortgage companies, motor vehicle finance companies, money transfer services, payday lenders, and other consumer financial services companies. Working individually and collaboratively as a team, you will conduct examinations of financial services companies and ensure they comply with state and federal regulations. At the Examiner level, you will be responsible for assisting during examinations and investigations of entities supervised by the Office of Consumer Finance, with the opportunity to serve as Examiner-In-Charge in examinations, as assigned.
Ideal candidates will have:

  • The drive to serve the people of the State of Michigan and make a difference in an important financial sector that supports the financial needs of individuals.
  • The desire to work closely with colleagues and senior leaders to solve problems.
  • The ability to work well independently and within a team.
  • The ability to thrive in a dynamic, collaborative, and high-tech environment while demonstrating sound professional judgment and decision-making.
  • The desire to travel to diverse work locations for examinations, investigations, training opportunities, and conferences.
  • A curious and analytical mind capable of analyzing financial performance, identifying and assessing risks, developing solutions, and supporting conclusions.
  • An understanding of information security and technology controls, practices, and requirements.
  • The ability to communicate clearly, concisely, and effectively both orally and in writing.
Other job features:
  • Participation in webinars, conference calls, and employee development training.
  • DIFS is looking for a team member who has an interest in helping others, who wants to learn and grow as a professional, and who wants to enjoy all the exciting things life in Michigan has to offer. The State of Michigan has been recognized as a leading U.S. employer by new graduates from 2021-2023 and a best large U.S. and state employer. Recognized on the international stage for fostering positive employee engagement, the State of Michigan is a past recipient of a North America Government Agency Employees Engagement Award.
  • This position provides competitive pay, retirement, health, vision, and dental benefits.
Work Location: This is a remote position based in Michigan. In-state and out-of-state travel, including overnight, is required. Examinations may be performed at locations in Michigan and throughout the U.S., and you will complete assignments at your official workstation (i.e., home). Your official workstation must be in the state of Michigan. If you currently reside outside of Michigan, you must relocate to Michigan to perform the duties of this position. Relocation expenses are not reimbursed.
For more information about this posting, click here
Please submit a cover letter, resume, and a copy of official college transcripts.
An "official college transcript" must contain the college/university name and address, the degree conferred and date granted, coursework completed, and the Registrar's signature and/or seal. A scanned or electronic copy is acceptable, as long as it contains the elements listed above. The college/university does not have to send the transcripts directly to DIFS.
Failure to attach the requested documents may result in your application being screened out.
DIFS is a Silver-Level Veteran-Friendly Employer, committed to recruiting, training, and retaining veterans and their spouses.
For more information about the department, we invite you to visit us on Facebook, Twitter and YouTube
Education
Possession of a bachelor's degree with a business major including completion of a business core curriculum consisting of one course each in finance, law, and management, one course in either marketing or economics, and 6 semester (9 term) credits in accounting.
Experience
Financial Institution Examiner 9
No specific type or amount is required.
Financial Institution Examiner 10
One year of professional experience evaluating and determining safe and sound operating practices through examinations, visitations or investigations of state chartered depository or state licensed non-depository Financial Institutions or financial examinations of state licensed insurance companies in accordance with state and federal statutes equivalent to a Financial Institution Examiner 9.
Financial Institution Examiner 11
Two years of professional experience evaluating and determining safe and sound operating practices through examinations, visitations or investigations of state chartered depository or state licensed non-depository Financial Institutions or financial examinations of state licensed insurance companies in accordance with state and federal statutes equivalent to a Financial Institution Examiner, including one year equivalent to a Financial Institution Examiner 10.
Financial Institution Examiner 9
Possession of a bachelor's degree in any major
AND
Two years of an equivalent type of professional Financial Institution or insurance industry experience. Relevant industry experience varies by position and may include: Financial Institution commercial credit analysis/underwriting, commercial lending, loan review, audit, compliance, and risk management; or insurance accounting, internal/external audit, actuarial and risk management; as well as oversight of such functions.
Financial Institution Examiner 10
Possession of a bachelor's degree in any major
AND
One year of professional experience as a Financial Institution Examiner or specialist for a federal financial regulatory agency, FDIC, a Federal Reserve Bank, NCUA, Comptroller of the Currency, other federal or out-of-state financial or insurance regulatory agencies;
OR
Three years of an equivalent type of professional Financial Institution industry experience. Relevant industry experience varies by position and may include: Financial Institution commercial credit analysis/underwriting, commercial lending, loan review, audit, compliance, and risk management; or insurance accounting, internal/external audit, actuarial and risk management; as well as oversight of such functions.
Financial Institution Examiner P11
Possession of a bachelor's degree in any major
AND
Two years of experience as a professional Financial Institution Examiner or specialist for a federal financial regulatory agency, FDIC, a Federal Reserve Bank, NCUA, Comptroller of the Currency, other federal or out-of-state financial or insurance regulatory agencies;
OR
Four years of an equivalent type of professional Financial Institution industry experience. Relevant industry experience varies by position and may include: Financial Institution commercial credit analysis/underwriting, commercial lending, loan review, audit, compliance, and risk management; or insurance accounting, internal/external audit, actuarial and risk management; as well as oversight of such functions.
View the entire job specification at: http://www.michigan.gov/documents/FinancialInstitutionsExaminer_12657_7.pdfEmployment Type: Permanent Full Time
Refer code: 8818074. State Of Michigan - The previous day - 2024-03-31 16:12

State Of Michigan

Lansing, MI
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