| Financial Examiners (FE) typically work with an exam team of four to eight people, in a fast-paced, deadline oriented environment. Financial Examiners perform analysis of Washington state-chartered credit unions that are located throughout the state, for safety and soundness and compliance with law. Examiners typically plan, conduct, lead and assist with examinations of regulated entities and independently conduct analysis of credit unions.
As a Financial Examiner, you would be a vital participant in ensuring the continuity of financial services offered state-wide, find engaging challenges in all facets of credit union operations, and evaluate risk to Capital, Assets, Management, Earnings, Liquidity and Market Sensitivity. This includes unencumbered access to the credit union to ensure current practices are safe and sound. Financial Examiners are provided training through National Credit Union Administration, Federal Financial Institution Examination Council, National Association of State Chartered Credit Unions and various online training tools.
Some of what you will do:
- As a team member perform in-state examinations.
- Work collaboratively with credit union staff and executives, accounting firms and National Credit Union Administration examiners (federal counterparts) to complete the assigned areas of an examination.
- Examine the adequacy of a regulated entity’s internal controls, which are used to mitigate inherent safety and soundness risks.
- Examine and analyze financial statements.
- Interpret and determine a credit union’s adherence with applicable laws, rules and standards related to credit unions.
- Collaborate with credit union management and its volunteer board of directors to discuss deficiencies found during the exam and corrective actions, including proposing strategies for reducing risk and strengthening controls.
- Write in a persuasive style that is understandable to credit union volunteers that serve on the board of directors and the supervisory committee.
- Work in conjunction with federal counterparts from National Credit Union Administration (NCUA) to complete examinations.
- Make examination recommendations to the Examiner in Charge and DCU management.
- Utilize various IT suites of production, including Microsoft Office, Internet Resources, NCUA examination software and other software as necessary.
- Work as an Examiner-in-Charge, which requires assigning tasks, reviewing work of team members, presenting areas of concern to the credit union management team, board of directors and supervisory committee and completing the final report of examination.
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| QUALIFICATIONS: |
Required Qualifications:
At least 20 quarter or 12 semester credit hours in finance, accounting, and/or economics.Desired Skills and Qualifications:
Education:
A bachelor’s in finance, accounting, business administration, economics or related field.
And
Two years of professional experience in one of, or a combination of, the following:
- Accounting or auditing
- Analyzing or examining regulated entities
- Working in a regulated entity in the areas of lending, operations, analysis of loan or securities portfolios, auditing, reinsurance investments, information system reviews or any combination of these.
OR
The candidate may substitute one year of the required experience in financial institutions, financial service companies or issuers with the following:
- A master’s degree in accounting, finance, economics, or business administration with 24 semester or 36 quarter hours in accounting;
- Graduation from a specialized banking school gained through an accredited college or university (i.e., Pacific Coast Banking School, CUNA Management School or equivalent);
- Accredited Financial Examiner or Certified Financial Examiner from the Society of Financial Examiners; or Washington State Certified Public Accountant.
Skills and Abilities:
- Effective team player who is highly communicative and cooperative, an active listener, a problem solver and innovative researcher.
- A strong work ethic, professionalism, respectfulness and dependability to the team.
- Work collaboratively with teammates and regulated institution management and employees.
- Show a positive learning attitude and understanding of workplace etiquette.
- Demonstrate excellent verbal and non-verbal communication skills.
- A high degree of emotional intelligence.
- Strong conflict management and conflict resolution skills.
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| SUPPLEMENTAL INFORMATION: |
Duty Station and Travel Requirements:
The majority of an examiner’s time is spent in the field (approximately 30%) or remotely conducting examinations at various financial institutions throughout the state. This position requires some overnight travel. When not in the field conducting examinations, work assignments will be completed at your home residence – which will be your official duty station. Occasional travel to DFI Headquarters in Tumwater for training and/or meetings is required. Applicants should reside in Thurston, Pierce, or King County. Candidates from Lewis, Mason, Kitsap and Snohomish counties may be considered depending on locationTypical Work Schedule:
The work schedule for this position is Monday – Thursday 7:30 am – 5:30 pm with alternating Fridays off. On the working Friday, work hours will be 7:30 am – 4:00 pm. Examiners will have an hour for lunch each day, except for on the working Friday when lunch is half an hour.
Application Process:
Applications for this recruitment will be accepted electronically. Submitting your application materials electronically will act as confirmation that the information submitted is complete and accurate to the best of your knowledge. Failure to provide all required application materials and complete supplemental questionnaire may result in disqualification.
Interested applicants should select the “Apply” button and attach the following materials to their application:
- Cover Letter
- Resume
- Three professional references* (provide contact name, phone number, email address, company name, and job title)
- Unofficial College Transcript(s)
*A professional reference is someone who has been paid to supervise your work and can attest to your work performance, technical skills, and job competencies. If you do not have sufficient professional references, please include non-professional references, such as educators or other professional associates.
Background Investigation:
Prior to a new hire, a background check including criminal and credit record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining the applicant’s suitability and competence to perform in the position. |
