Bank Examiner

Gardiner , Maine , United States | Accounting & Finance | Full-time

Apply by: May 19, 2024

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Department of Professional and Financial Regulation - Bureau of Financial InstitutionsJob Class Code: 0423

Grade: 20 (Professional/Technical)

Salary: $47,486 - $56,076 (does not include $2.50 per hour Stipend; eligibility dependent on completion of FDIC core schools)

Location: Gardiner, MEOpening Date: April 26, 2024Closing Date: May 19, 2024

This is entry-level professional services work conducting technical examinations of financial institutions and credit unions. An employee in this classification primarily assists an upper-level examiner and may work as an examiner in charge as skills are developed. Work is performed under general supervision. As financial institutions subject to the Bureau of Financial Institutions’ jurisdiction are located state-wide and, in some cases, out of state, candidates must have access to reliable transportation. Some overnight state-wide travel and some out-of-state travel are required. Overnight travel averages 15-20% of an examiner’s work year, depending upon assignments and location of residence.

Primary responsibilities include:

• Evaluate the securities portfolios of financial institutions to determine the quality and market value.

• Examines, correlates, and adjusts asset, liability, and capital numbers from financial institution records to ensure their correctness and place them in a uniform format.

• Analyzes earnings and dividends from reports to determine the accuracy and to prepare necessary schedules.

• Evaluate deposits, deposit trends, and other liabilities to determine and prepare required schedules.

• Evaluate installment, real estate, and commercial loans to determine the value as a book asset and prepare required schedules.

• Review examination results with financial institution management to inform management of findings and to determine unsafe and unsound banking practices and necessary corrective action.

• Analyzes the asset/liability management practices of financial institutions.

• Evaluate the quality of a financial institution’s audit program.

• Evaluate the effectiveness of internal controls.

• Determines compliance with laws and regulations.

Skills or knowledge required:

• Knowledge of accounting and auditing principles, practices, and procedures.

• Ability to analyze management practices, accounting data, loan and investment portfolio data, and other information necessary to conduct an examination.

• Ability to develop and make recommendations to correct deficiencies noted.

• Ability to communicate effectively orally and in writing.

Minimum qualifications:

A Bachelors Degree in Accounting, Finance, Economics, Business Administration, or related Bachelors Degree with coursework in these areas -OR- an equivalent amount of experience in accounting, auditing, economics, business administration, or banking. If work experience is used in lieu of education, it must be at the professional level in the areas indicated.

Contact information:

Questions about this position should be directed to Superintendent Lloyd P. LaFountain III at lloyd.P.LaFountain.III@maine.govor 207-624-8570

Application Instructions:

Interested applicants need to apply online by selecting the "Apply for this opening" button along with uploading a cover letter, current resume, and copies of any transcripts or certifications you wish to have considered while evaluating your application. In order for us to properly determine if you meet the minimum qualifications for any posting, you must be sure your resume includes month and year for any experience listed along with the duties and responsibilities associated with each particular time period. Any experience that was not full-time employment should be identified as such.

If you require a paper application, please download and print one here https://www.maine.gov/bhr/state-jobs/application-process or contact our office at 207-623-6700. Paper applications for this posting should be submitted along with cover letter and resume before the closing date to Security & Employment Service Center, 45 Commerce Drive, Augusta, ME 04330 or faxed to 207-287-2018. Be sure title of the job you are applying for is included. Applications cannot be accepted after the posting closing date.

Benefits of working for the State of Maine:

No matter where you work across Maine state government, you find employees who embody our state motto—"Dirigo" or "I lead"—as they provide essential services to Mainers every day. We believe in supporting our workforce's health and wellbeing with a valuable total compensation package, including:

• Work-Life Fit – Rest is essential. Take time for yourself using 13 paid holidays, 12 days of sick leave, and 3+ weeks of vacation leave annually. Vacation leave accrual increases with years of service, and overtime-exempt employees receive personal leave.

• Health Insurance Coverage – The State of Maine pays 85%-100% of employee-only premiums ($10,523.28-$12,380.40 annual value), depending on salary. Use this chart to find the premium costs for you and your family, including the percentage of dependent coverage paid by the State.

• Dental Insurance – The State of Maine pays 100% of employee-only dental premiums ($350.40 annual value).

• Retirement Plan – The State contributes the equivalent of 13.41% of the employee's pay towards the Maine Public Employees Retirement System (MainePERS) for MSEA, or 18.21% for Confidential employees.

State employees are eligible for anextensive and highly competitive benefits package (https://www.maine.gov/bhr/state-jobs/compensation-benefits) , covering many aspects of wellness. Learn about additional wellness benefits for State employees from theOffice of Employee Health and Wellness (https://www.maine.gov/bhr/oeh/) .

Note: Benefits may vary somewhat according to specific collective bargaining agreements and are prorated for part-time employment.

There's a job and then there's purposeful, transformative work. Our aim is to create a workplace where you can learn, grow, and continuously refine your skills. Applicants demonstrate job requirements in differing ways, and we appreciate that many skills and backgrounds can make people successful in this role.

As an Equal Opportunity employer, Maine State Government embraces a culture of respect and awareness. We are committed to creating a strong sense of belonging for all team members, and our process ensures an inclusive environment to applicants of all backgrounds including diverse race, color, sex, sexual orientation or gender identity, physical or mental disability, religion, age, ancestry, national origin, familial status or genetics.

If you’re looking for a great next step, and want to feel good about what you do, we’d love to hear from you. Please note reasonable accommodations are provided to qualified individuals with disabilities upon request.

Thinking about applying?

Research shows that people from historically excluded communities tend to apply to jobs only when they check every box in the posting. If you’re currently reading this and hesitating to apply for that reason, we encourage you to go for it! Let us know how your lived experience and passion set you apart.