Financial Examiner : Consumer Credit

Financial Examiner : Consumer Credit

Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.

About the Department of Financial Institutions :

The Indiana Department of Financial Institutions (DFI) works to promote growth and prosperity of local Indiana communities through effective and common-sense regulation. We regulate and supervise financial services providers in a manner that protects the interest of depositors, borrowers, shareholders, and consumers.

We seek qualified candidates that embrace a dynamic and high-performing work environment that has well-identified career pathways and significant opportunities to progress throughout the organization.

Role Overview :

The Financial Examiner for Consumer Credit for the Indiana Department of Financial Institutions will be in an entry-level position and travel within a specified region of the State. The position will be in training to learn how to conduct examinations for compliance with state consumer lending and applicable federal regulations in the following types of institutions : State Chartered Depository Institutions, Licensed Lenders, Non-Lenders (such as car dealerships and other sellers of retail goods that offer financing), Rental Purchase Entities, Pawnbrokers, Debt Management Companies, Mortgage Lenders, Check Cashing, and Money Transmitter Licensees. The position's initial training will focus on non-Lender examinations, and as the examiner role progresses, additional training will be provided.

As a Financial Examiner in the Consumer Credit Division, your day-to-day responsibilities include, but not limited to :

• Performing various examination duties related to regulatory compliance for state-chartered Depository Institutions, Licensed Lenders, Non-Lenders, Rental Purchase Entities, Pawnbrokers, Debt Management Companies, Mortgage Lenders, Check Cashing Companies, and Money Transmitter Licensees.
• Assisting in evaluating the degree of compliance with governing statutes and regulations.
• Preparing examination reports of findings and meeting with officers and managers of the regulated entities to discuss examination findings.
• Assisting in developing ways to bring the organization into full compliance with laws and regulations and recommending procedures necessary to maintain compliance.

Salary Statement :

The salary for this position traditionally starts at $53,222.00 but may be commensurate with education or work experience.

A Day in the Life :

The essential functions of this role are as follows :

Depository :

Consumer Credit :

Essential functions of this position require travel on most workdays to inspect, audit, examine, survey, or investigate clients, customers, or other regulated entities and write reports at those sites or employee's home. Employee reports to the agency's office for occasional meetings or events. Number and timing of work hours may vary daily or weekly to accommodate operational needs and staffing concerns at the client's or customer's worksite, minimize expenditures for repeated visits to complete the work, and allocate resources to complete assigned work effectively.

The job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee. Other duties, responsibilities, and activities may change or be assigned at any time with or without notice.

This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work. Exempt employees may work more than 75 hours in a pay period without additional compensation and must report a minimum of 75 hours per pay period of work hours and / or paid leave taken to receive their base biweekly salary.

What You'll Need for Success :

Supervisory Responsibilities / Direct Reports :

This role may be utilized in a supervisory capacity based on agency needs.

Benefits of Employment with the State of Indiana :

Equal Employment Opportunity :

The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.