FINANCIAL INSTITUTIONS EXAMINER TRAINEE

Agency : Department of Financial and Professional RegulationDivision/Section/Unit: Banking/ Banks, Trust Companies and Savings Institutions/ Community Reinvestment ActHR Tracking#: 35894Position Title: Financial Institutions Examiner Trainee - Upward Mobility ProgramClosing Date/Time: 08/12/2024Salary: Anticipated starting pay $4,575 per month. Full range $4,575 - $6,285 per month.Job Type: SalariedCounty: SangamonNumber of Vacancies: 1Plan/BU: RC062This 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 40133Position OverviewUnder direct supervision, for a period of six to twelve months, receives on the job and classroom training and completes assignments to acquire knowledge and skills in performing evaluations assigned to the Banks, Trust Companies and Savings Institutions Section in the Division of Banking. Assists higher level examiners, travels, and receives training in gathering information to analyze consumer compliance risk and Community Reinvestment Act (“CRA”) practices; to analyze and evaluate the institution’s compliance with consumer protection laws and regulations; to analyze relevant demographic, economic, and loan data; and to analyze and evaluate compliance with Fair Lending laws. Participates in seminars and classroom training.Essential FunctionsAssists higher level examiners, travels and receives training in gathering information to analyze consumer compliance risk and CRA practices, the adequacy and extent of compliance with policies, procedures, and internal controls.Assists higher level examiners, travels and receives training in gathering information to analyze and evaluate the institution’s compliance with consumer protection laws and regulations, performance under the CRA, and the extent of compliance with state and federal laws, rules and regulations.Assists higher level examiners, travels and receives training in gathering information to analyze relevant demographic, economic, and loan data (including aggregate lending trends) to the extent available.Assists higher level examiners and receives training in gathering information to analyze and evaluate compliance with Fair Lending laws.• Facilitates the assessment of 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.• Recommends a rating and completes narrative comments for inclusion in the CRA performance evaluation and submits to superior for review/input and subsequent inclusion.Participates in seminars and classroom training to learn more about the IL CRA and various state and federal laws, rules and regulations.Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.Minimum Qualifications1. Requires possession of a bachelor's degree in accounting, finance, economics or banking; or a master’s degree in business administration.2. This class is included as an Upward Mobility Program credential title.Preferred Qualifications1. Prefers at least four years of experience working in a bank or financial institution.2. Prefers at least three years of auditing experience.3. Prefers at least four years of experience working in a professional office environment.Conditions of Employment1. 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.Agency StatementIDFPR 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 8:30 am - 5:00pmWork Location: 320 W Washington St, Springfield, Illinois, 62767Agency Contact:FPR.Employment@illinois.govPosting Group: Legal, Audit & ComplianceThis 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 INSTRUCTIONSUse 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 AidNon-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:• donotreply@SIL-P1.ns2cloud.com• systems@SIL-P1.ns2cloud.com