Associate Financial Examiner Hybrid Recruitment # 250226-1148AR-001 Location Hartford, CT Date Opened 3/4/2025 12:00:00 AM Salary $90,309 - $116,146/year Job Type Open to Agency Employees Close Date 3/18/2025 11:59:00 PM Go Back Apply View Benefits (https://www.jobapscloud.com/CT/jobs/?b=Benefits) + + + + Introduction The State of Connecticut (https://portal.ct.gov/) , Department of Banking (DOB) (https://portal.ct.gov/dob) , is currently recruiting for an Associate Financial Examiner (https://www.jobapscloud.com/CT/specs/classspecdisplay.asp?ClassNumber=1148AR&R1=&R3=) position, with the Financial Institutions Division, in Hartford, CT. Continue to Enjoy: + Visit our new State Employee Benefits Overview page! + Professional growth and development opportunitie s + A healthy work/life balance (https://www.youtube.com/watch?v=y6n9M1Qd5fo) to all employees + Work at a Forbes-recognized company! Connecticut is proud to be featured on both America's Best Employers by State and Best Employers for New Grads in 2024. With our dynamic job market and commitment to fostering a thriving workforce, Connecticut stands out as a top destination for both seasoned professionals and fresh graduates seeking to launch their careers. Position Highlights: + Full time, 40 hours per week + First shift + Hybrid-telework/in-office + Monday through Friday + Location: 260 Constitution Plaza in Hartford, CT The Role: The Associate Financial Examiner position will conduct examinations of greater than average difficulty and complexity of the financial entities regulated by the Financial Institution Division at the Department of Banking. The selected candidate will: + Conduct or assist in inquiries, investigations, and/or examinations of greater than average difficulty or complexity of domestic (federally insured banks, uninsured banks, trust banks) and international banks, credit unions, and other financial entities + Investigate consumer complaints regarding complex or specialized issues in the conduct and delivery of services by regulated entities as necessary + Review, analyze, and assess financial and operational documentation, including bank and financial statements and reports, loan files, investments, management policies, consumer complaints, risk management programs, advertising, licensing information, and other records + Investigate, research, and document apparent violations of applicable laws and contraventions of policy + Interact and communicate with both industry as well as internally to review issues and findings + Write reports and communicate report findings to stakeholders in examination and application processing + Collect and analyze information relating to the application review process including financial and operational documentation, compliance with statutes, etc + Analyze and assess financial institutions' compliance with federal and state laws and regulations + Learn and utilize the elicense system, and the other federal agency examination systems used in conducting examinations + Explain laws and agency regulations to members of the general public + Lead other team members, manage workflow, and assign tasks to less experienced staff + Provide feedback on training materials and standard operational documentation + Perform related duties as required Our Mission: As the primary state regulator for state-chartered banks and credit unions, securities, and consumer credit; Our mission is to protect users of financial services from unlawful or improper practices by ensuring regulated entities and individuals adhere to state banking, consumer credit and securities laws. The Department accomplishes this through regular, thorough, and cost-effective examinations of the entities it supervises. The Department also engages the public and other stakeholders through a variety of media platforms, educational outreach initiatives, and press communications. Selection Plan In order to be considered for this job opening you must be a current State of CT employee of the agency listed above for at least six (6) months of full-time service or full-time equivalent service, absent any applicable collective bargaining language, and meet the Minimum Qualifications as listed on the job opening. You must specify your qualifications on your application. FOR ASSISTANCE IN APPLYING: Check out our Applicant Tips on How to Apply! Need more resources? Visit our Applicant Reference Library (https://portal.ct.gov/das/home/services-for-state-employees/statewide-human-resources/applicant-reference-library?language=en\_US) for additional support throughout the recruitment process. BEFORE YOU APPLY: + Meet Minimum Qualifications: Ensure you meet the Minimum Qualifications listed on the job opening by the job closing date. You must specify your qualifications on your application. The minimum experience and training requirements listed must be met by the close date on the job opening, unless otherwise specified. + Educational Credits: List your earned credits and degrees from accredited institutions accurately on your application. To receive educational credits towards qualification, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the contact listed below. + Resume Policy: Per Public Act 21-69 (https://www.cga.ct.gov/2021/act/pa/pdf/2021PA-00069-R00SB-00056-PA.pdf) , resumes are not accepted during the initial application process. As the recruitment process progresses, candidates may be required to submit additional documentation to support their qualification(s) for this position. This documentation may include: a cover letter, resume, transcripts, diplomas, performance reviews, attendance records, supervisory references, licensure, etc., at the request and discretion of the hiring agency. + Preferred Shift/Location: Select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location or shift. + Timely Submission: All application materials must be received by the job posting deadline. You will be unable to make revisions once you officially submit your application to the State. Late submissions are rarely accepted, with exceptions only for documented events that incapacitate individuals during the entire duration of the job posting. Request exceptions by emailing DAS.SHRM@ct.gov. + Salary Calculations: For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e., Executive, Legislative, Judicial) to the other. + Note: The only way to apply to this posting is via the ‘Apply’ or ‘Apply Online’ buttons on the official State of Connecticut Online Employment Center job posting. AFTER YOU APPLY: + Referral Questions: This posting may require completion of additional Referral Questions (RQs), which must be completed by the questionnaire’s expiration date. If requested, RQs can be accessed via an email sent to you after the job close date or by visiting your JobAps Personal Status Board (Certification Questionnaires section). + Prepare For An Interview: Interviews are limited to those whose experience and training are most aligned with the role. To prepare, review this helpful Interview Preparation Guide to make the best impression! + Stay connected! Log in daily to your JobAps Personal Status Board to track your status and check email (including spam/junk folders) for updates and tasks. + The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class. + Note: This position will be filled in accordance with contractual language, reemployment, SEBAC, transfer, promotion and merit employment rules. Candidates who are offered and accept a position with the State of Connecticut are bound by the State Code of Ethics for Public Officials and State employees, available at www.ct.gov/ethics. QUESTIONS? WE’RE HERE TO HELP: Due to high volume, we are unable to confirm receipt or provide status updates directly. For recruitment updates, please check your Personal Status Board and review our Frequently Asked Questions. If you have additional questions about the recruitment process, reach out to Hayley Newhouse at hayley.newhouse@ct.gov. Join the State of Connecticut and take your next career step with confidence! PURPOSE OF JOB CLASS (NATURE OF WORK) In the Department of Banking this class is accountable for conducting the most difficult assignments in the examination and investigation of the financial entities regulated by the Department of Banking. EXAMPLES OF DUTIES + Independently conducts non-routine examinations and investigations of domestic and international banks, credit unions, broker-dealers, investment advisers, mortgage companies, consumer lenders and other financial entities; + Develops Risk Assessment Profiles and identifies issues and trends; + As a member of a team, independently conducts complex or specialized portions of exams or investigations; + Assesses financial condition and/or regulatory compliance by reviewing financial and operational practices, where documentation is complex and/or deficient; + Investigates complex or high-impact complaints to resolution; + Assesses apparent violations of applicable laws and contraventions of policy, develops documentation to support findings and recommends steps to address issues; + Communicates with entity’s senior management to review issues and findings; + Conducts enforcement activities such as drafting subpoenas, interviewing witnesses, conducting depositions, assisting in negotiating settlement terms and drafting compliance letters; + Provides information and guidance to other examiners, industry and public on complex or specialized issues; + Prepares exam and investigation reports and correspondence; + May train and/or lead less experienced examiners as assigned; + May work with prosecuting officials and testifies in court or administrative hearings with regard to examinations and investigations; + Performs related duties as required. KNOWLEDGE, SKILL AND ABILITY + Considerable knowledge of + the organization, operations and business practices of financial entities such as banks, credit unions, trust companies, broker-dealers, investment advisers and mortgage companies and other non-bank grantors of credit; + statutes and regulations applicable to financial entities; + principles and practices of accounting, auditing and finance; + Knowledge of regulatory and investigative procedures and techniques; + Skills + oral and written communication skills; + interpersonal skills; + Ability to utilize computer software. MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE Seven (7) years of experience in the regulation of financial entities or in accounting, auditing, banking or finance. NOTE: Financial entities are defined as domestic and international banks, credit unions, broker-dealers, investment advisors, mortgage companies and consumer lenders. MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE One (1) year of the General Experience must have been in a working level class independently performing a full range of tasks in the examination and investigation of financial entities. NOTE: For state employees this experience is interpreted at the level of a Financial Examiner. MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED + College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor’s degree. + A Master’s degree in business, accounting, finance or a closely related field may be substituted for one (1) additional year of the General Experience. + Licensure or certification as a Certified Public Accountant may be substituted for one (1) additional year of the General Experience. PREFERRED QUALIFICATIONS + Experience conducting examinations of banks or credit unions + Experience analyzing financial statements and loan files + Experience leading and training a team in financial regulation + Experience assessing management policies of banks or credit unions + Experience reviewing risk management programs SPECIAL REQUIREMENTS + Incumbents in this class may be required to travel. + Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator’s license. Conclusion AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities. ACKNOWLEDGEMENT As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes. As such, a job class is not meant to be all-inclusive of every task and/or responsibility. Click on a link below to apply for this position: Fill out the Supplemental Questionnaire and Application NOW using the Internet. Apply Online