Agency : Department of Financial and Professional Regulation
Division/ Section/ Unit: Banking/ Banks, Trust Companies and Savings Insititutions/ Communnity Reinvement Act
HR Tracking #: 35919
Position Title: Bank Examiner I - Upward Mobility Program
Closing Date/Time: 08/13/2024
Salary: Anticipated Starting salary of $5,179 per month. Full range $5,179-$7,341 per month.
Job Type: Salaried
County: Sangamon
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 40312
Section content, to edit press enter. Under direct supervision, receives training and works under an examiner-in-charge to assist in conducting selected, less complex portions of evaluations assigned to the Banks, Trusts Companies and Savings Institutions Section in the Division of Banking. In conjunction with higher-level examiners, travels to perform Community Reinvestment Act ("CRA") performance evaluations. Gathers information, conducts analysis, assesses compliance with laws and regulations, and evaluates consumer compliance and CRA practices. Assesses and monitors compliance issues within institutions that must comply with Fair Lending laws. Completes the CRA performance evaluation and supporting work papers.
Under direct supervision, receives training and works under an examiner-in-charge to assist in conducting selected, less complex portions of evaluations assigned to the Banks, Trusts Companies and Savings Institutions Section in the Division of Banking. In conjunction with higher-level examiners, travels to perform Community Reinvestment Act ("CRA") performance evaluations. Gathers information, conducts analysis, assesses compliance with laws and regulations, and evaluates consumer compliance and CRA practices. Assesses and monitors compliance issues within institutions that must comply with Fair Lending laws.
Completes the CRA performance evaluation and supporting work papers.
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 evaluations.
• 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. 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.
• 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. 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.
• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
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.
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.
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 the possession of a valid, appropriate driver's license and access to a vehicle for travel.
Section content, to edit press enter. IDFPR is a regulatory licensing and enforcement agency that protects the residents of Illinois, ensures the safety and soundness of financial institutions, ensures that competent professionals are licensed to provide services to the public, and enhances commerce in the state for the benefit of all its residents.
IDFPR is a regulatory licensing and enforcement agency that protects the residents of Illinois, ensures the safety and soundness of financial institutions, ensures that competent professionals are licensed to provide services to the public, and enhances commerce in the state for the benefit of all its residents.
Work Hours: Monday - Friday 8:30am - 5:00 pm
Work Location: 320 W Washington St, Springfield, Illinois, 62767
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 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:
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