FINANCIAL NON-DEPOSITORY EXAMINER II

A Financial Non-Depository Examiner II is the full performance level of financial examination work. Employees in this classification examine the accounts, records, consumer transactions and business practices of non-depository financial institutions (i.e., consumer loan, sales finance, installment loan, mortgage lenders, collection agencies, check cashers, money transmitters and debt management companies) primarily located at the business’ headquarters. These are complete examinations designed to ensure that the financial institutions are in compliance with laws and regulations governing their operations or individual compliance reviews resulting from the receipt of consumer complaints. Both examinations and reviews are designed to strengthen the financial integrity of the regulated industry. This is a position specific recruitment.  The resulting list of eligible will be used to staff this position or function only.  This list will be maintained for one year.  You will need to reapply for any future recruitment for this job classification.

17

500 N. Calvert Street, Baltimore, MD 21202

The main purpose of this position is 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.

• Interacting with representatives of financial institutions, including coordinating the examination, requesting information and documentation, requesting explanations as to business activity, procedures and policies, conducting an end of examination exit interview, and resolving examination findings.
• Review the books and records of financial institutions to ensure compliance with federal and state laws and regulations.
• Prepare schedules and work papers detailing actives of the licensees being examined.
• Analyze loan documents for adequacy, legal requirements and suitability.
• Analyze financial records (bank statements, financial statements, Balance Sheets; Income Statements, Retain Cash Flow Statements) to assess the financial conditions of the non-depository institutions.
• Reconcile checking accounts.
• Review and analyze complaints filed against financial institutions or other entities under the jurisdiction of the Commissioner of Financial Regulation.
• Prepare The Examiners' 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 the examination of the licensee and rating the level of compliance and risk the financial institution poses by applying the appropriate standards.
• Examination Resolution Process-Including, but not limited to, review of a licensee's response to a report of examination, participation in the negotiations to resolve the examination findings and/or testifying at an administrative or judicial proceeding when necessary.

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: Three years of experience examining or auditing the accounts, records and business practices of non-depository financial institutions or in managerial or professional work in the financial services, consumer loan, sales finance, installment loan, mortgage lenders, collection agencies, check cashers, money transmitters, debt management and/or law enforcement industries.

Notes:

1. 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.

2. Possession of a Juris Doctor degree from an accredited law school, a certificate as a Certified Public Accountant, or a Master’s degree in business administration or accounting from an accredited college or university may be substituted for one year of the required experience.

Strong preference will be given to applicants that possess the following. Include clear and specific information on your application regarding the qualification(s).

Banking experience (Branch Operations or Loan Center)

Mortgage Company experience in origination and servicing.

Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator’s license valid in the State of Maryland.

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.

Please make sure that you provide sufficient information on your application 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.

All information concerning the qualifications, including any required documentation (diploma, transcript, certificate, etc.) must be submitted and received by the closing date. Information submitted after this date will not be considered.

For positions that require Bachelor/Master Degree etc.:

Educational credentials from foreign countries must be evaluated by an approved education review service. This evaluation must be submitted with your application. For further information, you may call International Consultants of Delaware, Inc. (302) 737-8715 or World Education Services Inc. 1-800-932-3897 or (202) 331-2925.

The examination for this recruitment will be an evaluation and rating of the information provided on your application.  Therefore, it is essential that the application is filled out completely and accurately listing all relevant education and experience addressing the specific qualifications shown above.  Required documentation (diplomas, transcripts, certifications, licenses, etc.) must be submitted at the time of interview.  Failure to submit the documentation will result in the application being considered denied.

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.

STATE OF MARYLAND BENEFITS

The online application process is STRONGLY Preferred.  However, 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 Human Resources
Attn: Ernestine Hyman -17-000280-0002
1100 N. Eutaw Street, Rm. 101
Baltimore, MD 21201

For further questions regarding this job announcement please contact Ernestine Hyman at 410-230-6298 or via email at Ernestine.hyman1@maryland.gov

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.