DORA/DIVISION OF BANKING EMPLOYEES ONLY: DIVISION PROMOTION - Financial/Credit Examiner IV

State of Colorado

2 days ago

Salary: $8k – $10k/mo
Location: Denver Metro, CO, CO, US
Workplace: Hybrid
Department: Finance
Education: PhD
Source: GovernmentJobs

Description

Hybrid Workplace Arrangement:

Although this position will be designated under the department’s hybrid workplace program, it will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business needs.

This announcement may be used to fill multiple vacancies.

The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado.

Consumer protection is our mission.

DORA values and promotes diversity, supporting a workplace that is inclusive of people from different backgrounds and experiences; creating an environment that is reflective of our communities; promoting positive relationships; and putting forth unique perspectives to fulfill our mission.

Employer-sponsored RTD EcoPass, with offices located at Civic Center Plaza, above the RTD Civic Center station and just a few blocks from RTD light rail.
Extensive work-life programs such as flexible schedules, training and professional development opportunities on a wide variety of subjects, and more!
Employee wellness programs, including the Colorado State Employee Assistance Program (CSEAP), which provides free, confidential counseling services.
Bike-to-work programs, including access to storage lockers and bike racks.
Flexible retirement benefits, including a choice of the PERA Defined Benefit Plan or the PERA Defined Contribution Plan, plus optional 401K and 457 plans.
Medical and Dental Health Insurance for employees and optional coverage for their dependents.
Life Insurance for employees, and optional coverage for their dependents.
Paid Time Off, including 11 paid holidays.
Short- and long-term disability coverage.
Tuition assistance program.

Check out our excellent benefits package!

The Division of Banking protects the public interest and preserves public trust in the Colorado banking industry by regulating state-chartered commercial banks, trust companies, state licensed money transmitters, and enforcing the Public Deposit Protection Act (PDPA).

This work unit exists to serve and protect the public interest by promoting a safe and sound financial institutions industry. This work unit oversees all commercial banks and trust companies safety and soundness, commercial bank trust department examinations, and information technology (IT) examinations of financial institutions regulated by the Division of Banking (Division), manages and supervises financial credit examiners in performance of safety and soundness examinations and oversees the regulatory compliance of commercial banks, trust companies, trust departments and IT. Conducts the final quality review of reports of examinations, and ensures scheduling examinations of commercial banks, trust companies, trust departments and IT in accordance with Banking Board Policy.

Position: SCA 2029

The purpose of this position is to manage and oversee a caseload of assigned commercial banks to ensure compliance with applicable laws, regulations, and supervisory standards. In addition, the position supervises a team of a minimum of three (3) FCE I, II, and III’s. This role oversees the planning, execution, and review of commercial bank examinations to promote consistency, efficiency, and effective use of Division resources. The position reviews and approves examination scoping memoranda to ensure examinations are risk-focused, appropriately scoped, and staffed in accordance with the institution’s size, complexity, and risk profile, as well as the professional development needs of examination staff. The position is responsible for reviewing reports of examination and progress reports, and for directing supervisory responses as necessary. The position provides oversight of Supervisory Financial Monitoring and Federal Agency Report of Examination Review. When serving as Examiner-in-Charge (EiC), the position leads examination teams, determines examination objectives and areas of review, and ensures examination work is completed in accordance with established regulatory standards.

Duties include but are not limited to:

Supervising the activities of assigned positions with day-to-day guidance, which includes developing goals, advising, coaching, teaching, correcting, and observing their performance in the field and in the office in order to meet Division objectives and further employee professional development;
Establishing and communicating performance standards and documenting performance measures for direct reports, which includes routinely assessing whether performance criteria are being met and ensuring deficiencies are appropriately addressed;
Conducting mid-year progress reviews and annual performance evaluations for subordinate staff;
Maintaining ongoing communication with federal regulatory agencies, including the Federal Deposit Insurance Corporation (FDIC) and the Federal and the Federal Reserve Bank;
Approving the Report of Examination (ROE) and transmittal letter to ensure comments support assigned ratings and determining appropriate corrective actions, including formal or informal enforcement actions;
Participating in management exit meetings and meetings of the board of directors, as required, to communicate examination findings and enforcement actions;
Conducting quarterly off-site financial monitoring to identify adverse trends, reviewing progress reports for institutions subject to enforcement actions, and reviewing federal examination reports for institutions within the assigned caseload or program area;
Attending examination exit conferences at the conclusion of federal regulatory examinations;
Determining whether quarterly progress reports submitted by financial institutions under enforcement action adequately address required corrective actions, which includes deciding whether documentation and responses are sufficient, identifying deficiencies or omissions, and determining whether additional follow-up actions are required;
Deciding the content and supervisory tone of acknowledgment letters responding to quarterly progress reports, including whether to accept the report as satisfactory, request additional information or corrective measures, and whether correspondence should be issued jointly with a federal regulator.

MINIMUM QUALIFICATIONS (MQs):

There are two ways to qualify for this position: 1) Experience OR 2) A Combination of Education and Experience

Option 1: Experience

Nine (9) years of progressively responsible, professional* auditing/examination experience with a domestic state or federally regulated financial institution, and/or with a state or federal financial institution regulatory body.
The nine (9) years must include at least two (2) years of one (1) of the following:

Formal supervisory or equivalent experience in managing professional level staff (responsible for the pay, status, and tenure of subordinate employees); OR
Experience working as a work leader, responsible for assigning and reviewing the work of subordinate employees.

Option 2: A Combination of Education AND Experience

Associate’s Degree and Experience: Graduation from an accredited college or university with an associate’s degree in accounting, business administration, economics, statistics, finance, or a closely related field; AND
Seven (7) years of progressively responsible, professional* auditing/examination experience with a domestic state or federally regulated financial institution, and/or with a state or federal financial institution regulatory body.
The seven (7) years must include at least two (2) years of one (1) of the following:

Formal supervisory or equivalent experience in managing professional level staff (responsible for the pay, status, and tenure of subordinate employees); OR
Experience working as a work leader, responsible for assigning and reviewing the work of subordinate employees.

Bachelor’s Degree and Experience: Graduation from an accredited college or university with a bachelor’s degree in accounting, business administration, economics, statistics, finance, or a closely related field; AND
Five (5) years of progressively responsible, professional* auditing/examination experience with a domestic state or federally regulated financial institution, and/or with a state or federal financial institution regulatory body. The five (5) years must include at least two (2) years of one (1) of the following:
- Formal supervisory or equivalent experience in managing professional level staff (responsible for the pay, status, and tenure of subordinate employees); OR
- Experience working as a work leader, responsible for reviewing the work of subordinate employees.

*Professional work involves exercising discretion, analytical skill, judgment and personal accountability and responsibility for creating, developing, integrating, applying, and sharing an organized body of knowledge that characteristically is: uniquely acquired through an intense education or training regimen at a recognized college or university; equivalent to the curriculum requirements for a bachelor's or higher degree with major study in or pertinent to the specialized field; and continuously studied to explore, extend, and use additional discoveries, interpretations, and application and to improve data, materials, equipment, applications and methods.

SUBSTITUTIONS:

Partial credit toward the degree requirement will be given for completed college/university coursework that did not result in a degree. A master's or doctorate degree from an accredited college or university in a field of study related to the work assignment will substitute for one (1) year of the required experience.

PREFERRED QUALIFICATIONS:

Master’s degree in a field of study directly related to the work assignment;
Experience as an Examiner-in-Charge of commercial banks, including providing analysis and recommendations to senior management;
Knowledge of and experience working with the Colorado Banking Codethe Code of Colorado Regulations; the Code of Federal Regulations; and Federal banking statutes and regulations;
Knowledge and/or experience of commercial bank examination procedures;
Demonstrated experience fostering a team-oriented environment;
Demonstrated change management experience, including eliciting buy-in from leading employees/subordinates on adapting training and/or new information and processes;
Leadership experience, including ensuring accountability, developing and enforcing performance standards.

Document this experience in your application IN DETAIL, as your experience will not be inferred or assumed. Part time experience will be prorated.

Required Competencies: The following knowledge, skills, abilities, and personal characteristics are required competencies and may be considered during the selection process (including examination and/or interview):

Demonstrated written communication skills, including the ability to convey information to various stakeholders in a clear, accurate, and concise written manner;
Demonstrated verbal communication skills, including the ability to effectively convey information to audiences in a concise manner;
Demonstrated attention to detail;
Demonstrated critical thinking and analytical skills, including having the ability to evaluate information in order to apply knowledge and to decide on the most appropriate course of action;
Demonstrated prioritization skills, including planning, organizing tasks, and managing work assignments;
Demonstrated time management skills, including the ability to multi-task to effectively manage competing and constantly changing priorities in order to meet tight deadlines;
Demonstrated ability to understand and abide by workplace principles, practices and behaviors as internally identified and defined by the division and department;

Demonstrated ability to read, understand, interpret, apply, and explain laws, rules, policies, and procedures;

Sound judgment and the confidence to make decisions on a routine basis;
Ability to travel independently, including work in-office, as required by business needs and scheduled by the supervisor;
Integrity and high ethical standards;
Accountability, reliability, including attendance;
Demonstrated ability to inform and collaborate with stakeholders who may hold competing interests, and if and when necessary be able to bring them into compliance with established laws;
Leadership skills, including the ability to lead and manage a team, as well as disseminate work;
Ability to identify issues in team performance and have tough conversations as necessary;
Comfortability in engaging in public speaking, including demonstrating expertise in front of authorities;
Ability to maintain confidential, controversial, or sensitive information;
Self-starter, including the ability to work independently, learn new processes, utilize own knowledge and that of supervisor, and complete work with minimal supervision;

Demonstrated professional demeanor;
Knowledge and understanding in the use of PC software applications including Microsoft Office (Access, Word, Excel, etc.), and Google Suite (Doc’s, Sheets, Slides, etc).

Conditions of Employment: Candidates who fail to meet the conditions of employment will be removed from consideration.

The successful passing of a reference check and/or, if required, a background check.
- A reference check may include but is not limited to: contacting previous and current supervisors to verify employment and discuss performance, a review of the personnel file, a review of the performance record, a review of job-related public information, etc.
- The type of background check depends on the job duties of the position, and can include a review of any criminal record, credit report, and/or driving record.
Ability to travel independently up to 20% of the time, including work in-office, as required by business need and scheduled by the supervisor.

PLEASE READ - Required Application Materials

Interested individuals must submit the following online:

1. A completed State of Colorado Application (log in to your current NeoGov account or create a NeoGov account to complete the online application). Note: Incomplete applications, including incomplete work history sections or "see résumé," "see attachment," or "see addendum" statements, will not be accepted in lieu of a completed application form.

2. A current email address on your application, as all communication pertaining to this position will be conducted via email. Please set up your email to accept messages from [email protected] and ‘@state.co.us’ addresses, and check your email often. Note: The department cannot guarantee the successful delivery of email, including incorrect filtering into junk mail folders.

3. A detailed cover letter, explaining how you meet the required competencies and how your accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make you a good fit for this position; you may also attach additional documents that demonstrate this.

Comparative Analysis Process: Structured Application Review

Part of, if not the entire, comparative analysis process for this position will involve a review of the information you submit in your application materials; Therefore, it is paramount that in the experience portion of your application and cover letter, you describe the extent to which you possess the education, experience, and competencies outlined in the job announcement as well as the required and/or preferred qualifications/competencies. You are also encouraged to attach additional documents to that effect. Failure to include adequate information or follow instructions may affect your score and prevent you from competing in subsequent measures used to arrive at a top group of applicants.

Part of the comparative analysis process and/or the interview process may be conducted through remote video conferencing (i.e. Google Meet, Zoom, etc.)

Veterans’ Preference: Candidates who wish to assert Veterans’ Preference should attach a copy of their DD214 to their application. Failure to do so will result in being denied Veterans Preference.

PLEASE NOTE: Former State Personnel System employees who were disciplinarily terminated or resigned in lieu of termination must disclose this information on the application. Colorado Revised Statutes require that all state employees be hired and promoted through competitive examination of merit and fitness. Failure to include the required information, failure to follow instructions, and/or failure to submit materials by the application deadline may result in your application not being considered for the position and may affect your score or inclusion in the final pool of qualified candidates.

The State of Colorado believes that equity, diversity, and inclusion drive our success, and we encourage candidates from all identities, backgrounds, and abilities to apply. The State of Colorado is an equal opportunity employer committed to building inclusive, innovative work environments with employees who reflect our communities and enthusiastically serve them. Therefore, in all aspects of the employment process, we provide employment opportunities to all qualified applicants without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity or expression, pregnancy, medical condition related to pregnancy, creed, ancestry, national origin, marital status, genetic information, or military status (with preference given to military veterans), or any other protected status in accordance with applicable law.

ADAAA Accommodations: DORA is committed to the full inclusion of all qualified individuals. As part of this commitment, our agency will assist individuals who have a disability with any reasonable accommodation requests related to employment, including completing the application process, interviewing, completing any pre-employment testing, participating in the employee selection process, and/or to perform essential job functions where the requested accommodation does not impose an undue hardship. If you have a disability and require reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to our ADAAA Coordinator, at [email protected].

While a salary range is posted for this position, an eventual salary offer is determined by a comprehensive salary analysis, which considers multiple factors including but not limited to education and experience compared to others in the organization doing substantially similar work.

Appeal Rights:

If you receive notice that you have been eliminated from consideration for this position, you may file an appeal with the State Personnel Board or request a review by the State Personnel Director.

An appeal or review must be submitted on the official appeal form, signed by you or your representative. This form must be delivered to the State Personnel Board by email, US Mail, faxed or hand-delivered within ten (10) calendar days from your receipt of notice or acknowledgment of the department’s action.

For more information about the appeals process, the official appeal form, and how to deliver it to the State Personnel Board go to spb.colorado.gov or refer to 4 Colorado Code of Regulations (CCR) 801-1, State Personnel Board Rules and Personnel Director's Administrative Procedures, Chapter 8, Resolution of Appeals and Disputes, at spb.colorado.gov under Rules.

Skills

ExcelCompliancePublic SpeakingChange Management