451.2021-23

Class Title: Financial Examiner V - VI
Corporate Analyst

Position Number: 451.2021-23

Opening Date: July 8, 2021

Closing Date: Open Until Filled

Starting Salary: $7,079.00 - $8,646.00 monthly

Division: Corporate Activities

Work Location: Austin HQ

Overnight Travel: Up to10%

General Description

Under the general direction of the Director of Corporate Activities, reviews moderately complex applications and notice filings by problem and non-problem financial institutions, applications for licenses and registration certificates. Effectively communicates summaries and recommendations by written memorandums and verbally through meetings with applicant’s management and personnel as well as DOB personnel. Assists in review of larger, complex and/or problem financial institution filings. Works under limited supervision with considerable latitude for the use of initiative and independent judgment.

Duties and Responsibilities:

  • Develops and maintains knowledge and skill in trust, money service businesses, banking information technology and commercial bank filings.
  • Develops and maintains working knowledge and application of various reference materials including the Texas Finance Code, Texas Business Organizations Code, departmental memorandums and procedures and federal banking laws and policy statements.
  • Interprets and applies regulatory policies, procedures, laws and regulations.
  • Reviews moderately complex Bank, Trust, and Money Service Businesses filings.
  • May conduct off-site evaluation of regulated financial institutions.
  • Reviews and analyzes records to determine an applicant’s financial condition and compliance with laws, regulations, supervisory guidelines, and internal policies and procedures.
  • Communicates findings to the applicants, Board of Directors, and their representatives through oral presentations, and prepares written summaries and recommendations as prescribed by Department guidelines.
  • Conducts financial analysis and reviews of projections and proposals for compliance with applicable laws and regulations.
  • Prepares working papers to document procedures and to support findings in accordance with established procedures.
  • Assists in review and drafting proposed rules.
  • Participates in discussions and makes recommendations for improvements to procedures, rules, and laws.
  • Completes all assigned schools and training seminars.
  • Performs investigative, analytical, and administrative duties as assigned.
  • Performs related work as assigned.

Required Minimum Qualifications
     Education, Experience and Licensure

  • Graduation from an accredited four-year college or university with major course work in finance, accounting, business administration, economics, or related field with a minimum of six hours (nine hours preferred) in accounting, to include basic and or intermediate accounting. Copy of official college transcripts must be submitted with the State Application for Employment.

Financial Examiner V:

  • Five years as a current or former bank examiner commissioned by a federal banking or thrift regulatory authority, Texas Department of Banking, or another approved state banking regulator.  Internal applicants must have completed all phases of the Department’s Commissioning Process.

    OR
     
  • Seven years progressive responsibilities in financial institutions, trusts, or money services businesses or other regulated financial services in the areas of risk, audit, legal, or lending.

Financial Examiner VI:

  • Six years as a current or former bank examiner commissioned by the FDIC, Federal Reserve, OCC, Texas Department of Banking, or another approved state banking authority.  Internal applicants must have completed all phases of the Department’s Commissioning Process.

    OR
     
  • Eight years of progressive responsibilities in financial institutions, trusts, or money services businesses or other regulated financial services in the areas of risk, audit, legal, or lending.

Preferred Qualifications

  • Bilingual in Spanish and English with the ability to communicate well, both verbally and in writing.
  • Successful completion of bank operations and trust schools.

Special Requirements

  • Position requires some overnight travel, up to 10%.
  • Must possess or obtain within six months a valid Texas Driver’s License. Satisfactory driving records are required for driving any vehicle to conduct agency business. Final applicants must certify that personally owned vehicles used for agency business have Texas minimum liability coverage and a valid state inspection.
  • This position requires that the incumbent demonstrate strong personal financial responsibility and integrity.
  • Final applicants may be subject to an employment credit check, driving record check, and criminal background check.

Knowledge, Skills, Abilities

  • Possess and exhibit excellent oral and written communication skills.
  • Possess intermediate skills in Microsoft Word and Excel.
  • Skill in performing mathematical and financial calculations.
  • Skill in collecting, analyzing, and documenting research data.
  • Ability to prepare accurate written reports on research findings.
  • Considerable knowledge of industry terminology and practices, corporate structures, business operating procedures and management controls.
  • Skills in project management, managing deadlines, advanced skills in organizing.
  • Ability to maintain effective working relationships with supervisors, co-workers, team members, regulated entity employees, and the public.
  • Ability to be self-motivated and exercise initiative and independent judgment.
  • Ability to learn moderately complex technical issues and maintain complex records.
  • Ability to learn common accounting practices used in the banking industry.
  • Ability to analyze financial statements, reports, records, and forms.
  • Ability to read, comprehend and apply rules and statutes regulating the banking industry and money service business.
  • Ability to maintain confidentiality and handle sensitive information.

Physical and Cognitive Requirements:

The physical demands described here are represented of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position requires the incumbent to primarily perform sedentary office work; however, mobility (standing and walking) is routinely required to carry out some duties. It requires extensive computer, copiers, printers, telephone, and client/customer contact. The job also requires normal cognitive abilities requiring the ability to learn, recall, and apply certain practices and policies. It requires the stamina to maintain attention to detail despite interruptions. Marginal or corrected visual, speech and auditory requirements are required for reading printed materials and computer screens and communicating with internal and external customers. The position requires:

  • Regular and punctual attendance.
  • Frequent use of personal computer, copiers, printers, and telephones.
  • Frequent sitting.
  • Frequent work under stress, as a team member, and in direct contact with others.
  • Travel: up to10% with overnight stays.

Application Process:  Complete a State of Texas Job application and document how you meet the job requirements, education, and experience listed below. Resumes are not accepted in lieu of a completed application.  An official copy of college transcripts is required.  All applications must have an original signature.  Incomplete applications or applications received without the required documentation will not be accepted for consideration.  

Submit Applications and Transcripts to:

Human Resources, 2601 N. Lamar Blvd., Austin, TX. 78705, or fax to (512) 475-1313, or e-mail to jobs@dob.texas.gov or via WorkInTexas.com . Applications must be received by 5:00 pm on the closing date. A State Application may be obtained from the Department of Banking website or WorkInTexas.com. The required documentation may be submitted separate from the application. It is the applicant’s responsibility to ensure the required documentation is received by the closing date.

 Additional Military Crosswalk information

Remarks

State law prohibits any employee of the Department from being or becoming “directly or indirectly indebted to, or financially interested in an entity supervised or regulated by the Banking Commissioner.”  See Texas Finance Code, Section 12.107.

Those selected for an interview will be contacted by telephone.  Final male applicants between the ages of 18 to 26 will be required to furnish proof of registration or exemption from registration with the selective service system.

E-Verify – This organization participates in E-Verify. This employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization.

The Texas Department of Banking is an Equal Employment Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, national origin, veteran status, age or disability in employment or the provision of services. A disabled individual requiring reasonable accommodation shall not be denied the opportunity due to the disability. The applicant should contact Human Resources if reasonable accommodation is required during the application process at (512) 475-1347.