bank examiner - Jonesboro, United States - Arkansas Government Job

Description

BANK EXAMINER (A070C)

Date: Jun 5, 2024

Req ID: 40486

Location:

Jonesboro, AR, US, 72401

Category: STATE BANK DEPARTMENT

Anticipated Starting Salary: 45,010

Position Number: [[ ]]

County: [[Craighead]]

Posting End Date: [[6/11/24]]

Anticipated Starting Salary: [[$45,010]]

[[Bank Examination Division - Safety and Soundness]]

The mission of the Department of Commerce is to champion economic opportunities through strategic initiatives and an equitable regulatory environment that attracts and grows businesses, safeguards consumers, enhances workforce quality, and energizes our infrastructure, creating a better quality of life for all Arkansans.

The Arkansas State Bank Department is a division of the Arkansas Department of Commerce. This Bank Examiner position is responsible for performing on-site examinations of Arkansas state-chartered banks. This position works under immediate supervision and is responsible for evaluating the adequacy of capital and earnings; the quality of assets; the competency of management (including compliance with federal and state laws and Bank Department rules and regulations, and the adequacy of the audit program and internal controls); the adequacy of liquidity and funds management; and the sensitivity to market risk of the institution's balance sheet and activities.

The Bank Department's main office is located in Little Rock, AR. Additionally, the Bank Department operates satellite offices in both Springdale, AR, and Jonesboro, AR. This position will be assigned to the Bank Department office located in Jonesboro, Arkansas.

Frequent in-state overnight travel is required.

Please attach a copy of your college transcript to your application. In addition, an ORIGINAL transcript must be brought with you if you are selected for interview.

Position Information

Class Code: A070C

Grade: GS08

FLSA Status: NON-EXEMPT

Salary Range: $45, $65,265.00

Summary

The Bank Examiner is responsible for performing entry level financial examinations of banks or other financial institutions and analyzing and interpreting financial data. This position is governed by Generally Accepted Accounting Principles, state and federal laws, and agency/institution policy.

Functions

Receives in-house training on accounting principles and computer usage, on-site training rotating through operations of an actual bank, and Education Foundation of State Bank Supervisor's school training, in order to acquire skill in bank examination. Reviews previous reports and bank statements and communicates with bank management and employees to become familiar with bank's daily operations in preparation for the examination. Assists other examiners in compiling data and verifying proper internal control and segregation of duties within a financial institution. Balances various accounts, including savings, demand deposit, certificate of deposit, securities journal, stockholders ledgers, and certificates to bank's general ledger. Compiles data collected and verified into an organized format for report of examination. Enters report pages into computer for storage and proofs printout for data entry errors. Learns terminology and mechanical aspects of examinations and report preparation. Examines internally prepared statements and supplemental schedules of bank assets and capital. Performs other duties as assigned. SPECIAL JOB DIMENSIONS Attendance at schools conducted by the Education Foundation of State Bank Supervisors and frequent in-state overnight travel are required.

Dimensions

None

Knowledge, Skills and Abilities

Knowledge of the principles and practices of accounting. Knowledge of the operation of personal computers and the functions of the software used. Ability to learn complex technical issues and maintain complex records. Ability to learn common accounting practices used in the banking industry. Ability to perform mathematical and financial calculations. Ability to read, comprehend, and apply rules and statutes regulating the banking industry. Ability to analyze financial data and identify discrepancies. Skill in performing mathematical and financial calculations. Ability to maintain confidentiality of records and secure sensitive information. Ability to communicate specialized technical information and in oral and written form.

Minimum Qualifications

The formal education equivalent of a bachelor's degree in accounting, finance, business administration, or a related field. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.

Licenses

None

The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law.

Nearest Major Market:Jonesboro