BANK EXAMINER I - UMP

at 0440 in Springfield, Illinois, United States

Job Description

Position Overview

Under direct supervision, receives training and works under an examiner-in-charge to assist in conducting selected, less complex portions of evaluations assigned to the Banks, Trusts Companies and Savings Institutions Section in the Division of Banking. In conjunction with higher-level examiners, travels to perform Community Reinvestment Act (“CRA”) performance evaluations. Gathers information, conducts analysis, assesses compliance with laws and regulations, and evaluates consumer compliance and CRA practices. Assesses and monitors compliance issues within institutions that must comply with Fair Lending laws. Completes the CRA performance evaluation and supporting work papers.

State of Illinois Benefits
•    Health, Life, vision, and dental insurance
•    12 weeks paid maternity/paternity leave
•    Pension Plan – Vesting at 10 years for Tier II
•    Full 20-year retirement awards free health insurance during retirement
•    Deferred compensation and other pre-tax benefits programs
•    Paid state holidays, 12-14 days annually
•    3 paid Personal Business Days annually
•    12 Paid Sick Days annually (Sick days carry over year to year)
•    10-25 Days of Paid Vacation time annually (10 days in year one of employment)
•    Personal, sick, and vacation rates modified for 12 hour work schedules (as applicable) 
•    Employee Assistance Program and/or mental health resources
•    For more information about our benefits please follow this link: https://www2.illinois.gov/cms/benefits/Pages/default.aspx

• Under general supervision, in conjunction with higher-level examiners, travels to perform Community Reinvestment Act (“CRA”) performance evaluations of state-chartered banks, data processing centers and/or service providers assigned to the Banks, Trust Companies, and Savings Institutions Section, or the Bureau of Residential Finance Section, in the Division of Banking.


• Gathers information, conducts analysis, assesses compliance with laws and regulations, and evaluates consumer compliance and CRA practices.


• Assesses and monitors compliance issues within institutions that must comply with Fair Lending laws, including assessing risk, developing supervisory strategies, determining the scope of supervisory activities and developing responses to address risks.


• Completes the CRA performance evaluation and supporting work papers, verifies arithmetic calculations, communicates findings and recommendations, and submits to superior for review, input and inclusion in completed evaluations.


• Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.

• Requires knowledge, skill and mental development equivalent to completion of four years of college with courses in accounting, corporate finance, banking and monetary theory.


• Requires successful completion of the Financial Institutions Examiner Trainee program.             


• This class is included as an Upward Mobility Program credential title.

• Requires completion of a background check and self-disclosure of criminal history.


• Requires ability to travel frequently and extensively, both in-state and out-of-state.


• Requires the possession of a valid, appropriate driver’s license and access to a vehicle for travel.


• Revolving Door Statement: Certain provisions of the revolving door restrictions contained in 5 ILCS 430/5-45 apply to this position. As a result, the employee should be aware that if offered non-State employment during state employment or within one year immediately after ending State employment, the employee shall, prior to accepting any such non-State employment offer, notify the Office of the Executive Inspector General for the Agencies of the Illinois Governor (OEIG) or may be subject to a fine.


• Statement of Economic Interest: This position has been found to meet the requirements in section 4A-101 of the Illinois Governmental Ethics Act requiring the occupant/employee to file a Statement of Economic Interest. The Illinois Governmental Ethics Act (5 ILCS 420/4A et seq.) requires certain state officials and employees to file annual Statements of Economic Interest with the Office of the Secretary of State that will be made available for examination and copying by the public. All employees required to file a Statement of Economic Interest are also required to file the Supplemental Statement of Economic Interest.

The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description.

IDFPR 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.