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FINANCIAL NON-DEPOSITORY EXAMINER TRAINEE

Financial Non-Depository Examiner

Recruitment #17-000278-0001

Introduction

This position is an entry level of financial examination work.  Employees in this classification examine the accounts, records, consumer transaction and business practices of non-depository financial institutions (i.e., consumer loan, sales finance, installment loan, mortgage lenders, collection agencies, check cashiers, money transmitters and debt management companies) primarily located at the business headquarters.

GRADE

13

LOCATION OF POSITION

500 N. Calvert Street, Baltimore, MD 21202

Main Purpose of Job

To examine all areas of non-depository financial institution for compliance with the laws and regulations to protect the general public and promote integrity and confidence in the financial industries regulated by this Division.

POSITION DUTIES

Interacting with representatives of financial institutions, including participating in the examination, requesting information and documentation, requesting explanations as to business activity, procedures and policies, assisting in an end of examination exit interview, and assisting in resolving examination findings.

Assist in the review of books and records of financial institutions, to ensure compliance with federal and state laws and regulations.

Assist in the preparation of schedules and work papers, detailing activities of the licenses being examined.

Assist in analyzing loan documents for adequacy, legal requirements and suitability.

Assist in analyzing financial records (bank statements, financial statements-Balance Sheets; Income Statements, Retain Earnings, cash Flow Statements) to assess the financial condition of the non-depository institution.

Assist in reconciling checking accounts.

Review and assist in analyzing complaints financial institutions or other entities under the jurisdiction of the Commissioner of Financial Regulation.

Assist in the preparation of the Examiner's Findings-citing the deficiencies, unsatisfactory conditions, and/or violations of federal and/or state laws and regulations in the records and business activities found during examination of the licensee and rating the level of compliance and risk the financial institutions poses by applying the appropriate standards.

Examination Resolution Process-including, but not limited to, assisting in the review of a licensee's response to a report of examination and participation in the negotiations to resolve the examination findings.

MINIMUM QUALIFICATIONS

Education: Possession of a Bachelor’s degree from an accredited four-year college or university including or supplemented by a total of 24 credit hours in business administration, finance, economics, law, criminal justice or accounting. These credit hours must include a minimum of 6 credit hours in either accounting or auditing.

Experience: None

Note: Applicants may substitute regulatory, investigatory, managerial or professional experience in the financial services industry, consumer credit industry, mortgage lending industry, accounting or auditing work or State or federal experience regulating the above industries or in law enforcement on a year-for-year basis for the required education.

DESIRED OR PREFERRED QUALIFICATIONS

Banking experience (Branch operations or loan center), mortgage company experience or title company experience.

SPECIAL REQUIREMENTS

Employees in this classification may be required to attend advanced formal training classes. The purpose of this training is to maintain professional job specific proficiency and current knowledge. Some training classes are out-of-State and may require overnight stays.

All candidates are subject to a background check against files maintained by the Division of Unemployment Insurance (DLLR/DUI) to determine whether any monies are owed to DLLR/DUI as a result of unemployment overpayment/fraud. Any unpaid debt may have an impact on whether or not a candidate is offered employment.

SELECTION PROCESS

Please make sure that you provide sufficient information on your application (and on separate pages, if necessary) to show that you meet the qualifications for this recruitment.  All information concerning your qualifications must be submitted by the closing date.  We will not consider information submitted after this date.  Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.

RESUMES ARE NOT ACCEPTABLE AND NOT CONSIDERED IN THE SELECTION PROCESS.

** For education obtained outside of the U.S., you will be required to provide proof of the equivalent American education as determined by a foreign credential evaluation service. If you possess a degree obtained outside of the United States, please submit a detailed, course-by-course evaluation report from one of the U.S. equivalency evaluating members identified at http://www.naces.org/members.html.     

BARGAINING UNIT STATUS

The incumbent in this position is a member of a covered bargaining unit and will be required to pay a bi-weekly service fee to the exclusive representative of the bargaining unit.

BENEFITS

FURTHER INSTRUCTIONS

If you are unable to apply online, or encounter difficulty attaching required or optional documentation, you may submit via mail or deliver in person. Please be sure to include your name, identification number (Easy ID#) and job announcement number on any documentation to ensure timely processing.

PLEASE DO NOT FAX OR EMAIL UNSOLICITED DOCUMENTATION

Completed applications, required documentation, and any required addendums may be mailed to:

DLLR Office of Administration
Attn: Ernestine Hyman 17-000278-0001
1100 N. Eutaw Street, Rm. 101                                                                                                                Baltimore, Maryland 21201                                                                                                                             

For additional information about this recruitment, please contact Ernestine Hyman at 410-230-6298.

The MD State Application Form can be found online

Department of Labor, Licensing and Regulation is an equal opportunity employer. It is the policy of DLLR that all persons have equal opportunity and access to employment opportunities, services, and facilities without regard to race, religion, color, sex, age, national origin or ancestry, marital status, parental status, sexual orientation, disability or veteran status.




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