Principal Financial Examiner

About the job

Introduction

\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nThe State of Connecticut, Department of Banking (DOB), is accepting applications from current agency employees for the position of Principal Financial Examiner.�\r\n\r\n\r\n\r\n\r\n\r\n\r\nWHAT WE OFFER\r\n\r\n\r\n\r\n Visit our new State Employee Benefits Overview page!\r\n Professional growth and development opportunities.\r\n A healthy work/life balance to all employees.\r\n\r\n\r\n POSITION HIGHLIGHTS\r\n \r\n \r\n Full time, 40 hours per week\r\n Monday through Friday\r\n First shift\r\n Located at 280 Trumbull Street in Hartford, CT�\r\n This hybrid position is eligible to apply for telework, in accordance with the Telework Policy.�\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n THE ROLE\r\n \r\n \r\n \r\n \r\n \r\n The Principal Financial Examiner will be assigned to the Financial Institutions Division to act as a working supervisor conducting examinations of greater than average difficulty and complexity, of financial institutions, under the Division's supervision, including banks and/or credit unions and will be responsible for the following:�\r\n \r\n \r\n Act as a working supervisor for other examiners.\r\n Lead complex and highly visible examinations.\r\n Review examination reports including the most complex examinations.\r\n Review reports of investigations, including the most complex and time consuming investigations when needed.\r\n Provides information and guidance to regulators, industry and public on areas of expertise.\r\n Assist with developing and implementing division policy and operating procedures to gain operational efficiencies.\r\n Train less experienced examiners.\r\n Assist the Banking Department Manager with staff evaluations including annual performance appraisals.\r\n Help facilitate resolutions of consumer complaints.\r\n May work with prosecuting officials and testify in court or administrative hearings with regard to examinations and investigations.\r\n Recommend disciplinary action against regulated entities as appropriate.\r\n \r\n \r\n \r\n WHO WE ARE\r\n The Department of Banking (DOB) mission is the primary state regulator for state-chartered banks and credit unions, securities, and consumer credit.� Its mission is to protect users of financial services from unlawful or improper practices by ensuring regulated entities and individuals adhere to state banking, consumer credit and securities laws. The Department accomplishes this through regular, thorough, and cost-effective examinations of the entities it supervises.� The Department also engages the public and other stakeholders through a variety of media platforms, educational outreach initiatives, and press communications.\r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n

Selection Plan

In order to be considered for this job opening you must be a current State of CT employee of the agency listed above�for at least six (6) months of full-time service or full-time equivalent service, absent any applicable collective bargaining language, and meet the Minimum Qualifications as listed on the job opening.� You must specify your qualifications on your application.�\r\n\r\n�FOR ASSISTANCE IN APPLYING:�\r\nCheck out our�Applicant Tips on How to Apply! Need more resources?� Visit our�Applicant Toolkit�for additional support throughout the recruitment process.�\r\nBEFORE YOU APPLY:�\r\n\r\n Meet Minimum Qualifications:�Ensure you meet the Minimum Qualifications listed on the job opening by the job closing date. You must specify your qualifications on your application. The minimum experience and training requirements listed must be met by the close date on the job opening, unless otherwise specified. �\r\n Educational Credits:�List your earned credits and degrees from accredited institutions accurately on your application. To receive educational credits towards qualification, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the contact listed below by the closing date listed on the job posting.�\r\n Resume Policy:�Per�Public Act 21-69, resumes are not accepted during the initial application process. As the recruitment process progresses, candidates may be required to submit additional documentation to support their qualification(s) for this position. This documentation may include: a cover letter, resume, transcripts, diplomas, performance reviews, attendance records, supervisory references, licensure, etc., at the request and discretion of the hiring agency.�\r\n Artificial Intelligence (AI) Policy:� Refer to General Letter No. 195 - Candidate Use of Artificial Intelligence in the Vacancy Filling Process.�\r\n Preferred Shift/Location:�Select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location or shift.�\r\n Timely Submission:�All application materials must be received by the job posting deadline. You will be unable to make revisions once you officially submit your application to the State. �Late submissions are rarely accepted, with exceptions only for documented events that incapacitate individuals during the entire duration of the job posting. Request exceptions by emailing�DAS.SHRM@ct.gov.�\r\n Salary Calculations: For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e., Executive, Legislative, Judicial) to the other.�\r\n\r\n\r\n Note: The�only way�to apply to this posting is via the ‘Apply’ or ‘Apply Online’ buttons on the official State of Connecticut Online Employment Center job posting.\r\n\r\nAFTER YOU APPLY:�\r\n\r\n Some email providers may experience delays or issues delivering messages. To avoid missing important updates—such as referral questionnaires or interview scheduling links—please check your�Personal Status Board�regularly.\r\n For added convenience, you can also enable text (SMS) notifications. To do this, log in to your Personal Status Board and select “Update My Contact Information.”\r\n Referral Questions:�This posting may require completion of additional Referral Questions (RQs), which must be completed by the questionnaire’s expiration date. If requested, RQs can be accessed via an email sent to you after the job close date or by visiting your JobAps Personal Status Board (Certification Questionnaires section).� �\r\n\r\n\r\n Prepare For An Interview:�Interviews are limited to those whose experience and training are most aligned with the role. To prepare, review this helpful�Interview Preparation Guide�to make the best impression!�\r\n Stay connected! Log in daily to your JobAps Personal Status Board to track your status and check email (including spam/junk folders) for updates and tasks.��\r\n The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.��\r\n Note: This position will be filled in accordance with contractual language, reemployment, SEBAC, transfer, promotion and merit employment rules. Candidates who are offered and accept a position with the State of Connecticut are bound by the State Code of Ethics for Public Officials and State employees, available at�www.ct.gov/ethics.\r\n\r\n\r\n This employer may participate in E‑Verify and will provide the federal government with your Form I‑9 information to confirm work authorization.\r\n\r\nQUESTIONS? WE’RE HERE TO HELP:�\r\nDue to high volume, we are unable to confirm receipt or provide status updates directly. For recruitment updates, please check your Personal Status Board and review our Frequently Asked Questions. If you have additional questions about the recruitment process, reach out to Jasmyn Raymond at Jasmyn.Raymond@ct.gov.�\r\nJoin the State of Connecticut and take your next career step with confidence!\r\n

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Department of Banking this class is accountable for acting as a working supervisor for other examiners in the most difficult, complex and sensitive examinations and investigations of the financial entities regulated by the Department of Banking.\r\n

EXAMPLES OF DUTIES

\r\n\r\n Assigns roles and tasks and provides guidance to a team of examiners conducting non-routine examinations or investigations of banks, credit unions, broker-dealers, investment advisers, mortgage companies, consumer lenders and other financial entities;�\r\n Ensures timely and accurate completion of work;�\r\n Recommends and supports exam or investigation findings;�\r\n Develops and recommends procedures within assignment area;�\r\n Acts as liaison with other regulators, entity’s senior management and agency managers;�\r\n Reviews or conducts specialized portions of exam or investigation;�\r\n Assesses financial condition and/or regulatory compliance by reviewing, analyzing and consolidating team assignments;�\r\n Conducts enforcement activities including documentation of violations, recommending corrective action, negotiating settlement terms, working with other regulators and participating in hearings;�\r\n Communicates with entity’s senior management to review issues and findings; prepares exam and investigation reports;�\r\n Trains less experienced examiners;�\r\n Provides information and guidance to regulators, industry and public on areas of expertise;�\r\n May work with prosecuting officials and testifies in court or administrative hearings with regard to examinations and investigations;�\r\n May conduct or assists in conducting performance evaluations;�\r\n Performs related duties as required.\r\n\r\n\r\n

KNOWLEDGE, SKILL AND ABILITY

\r\n Considerable knowledge of\r\n \r\n the organization, operations and business practices of financial entities such as banks, credit unions, trust companies, broker-dealers, investment advisers, mortgage companies and other non-bank grantors of credit;�\r\n statutes and regulations applicable to entities;�\r\n principles and practices of accounting, auditing and finance;�\r\n regulatory and investigative procedures and techniques;�\r\n \r\n \r\n Considerable\r\n \r\n oral and written communication skills;�\r\n interpersonal skills;�\r\n negotiation skill;�\r\n \r\n \r\n Ability to utilize computer software;�\r\n Supervisory ability.\r\n\r\n

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

Eight (8) years of experience in the regulation of financial entities or in accounting, auditing, banking or finance.\r\n\r\n\r\nNOTE: Financial entities are defined as domestic and international banks, credit unions, broker-dealers, investment advisers, mortgage companies and consumer lenders.\r\n

MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE

One (1) year of the General Experience must have been in an advanced working level class performing the most difficult examinations and investigations of financial entities.\r\n\r\n\r\nNOTE: For state employees this experience is interpreted at the level of an Associate Financial Examiner.\r\n

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

\r\n College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equaling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor’s degree.\r\n A Master’s degree in business, accounting, finance or a closely related field may be substituted for one (1) additional year of the General Experience.\r\n Licensure or certification as a Certified Public Accountant may be substituted for one (1) additional year of the General Experience.\r\n\r\n

PREFERRED QUALIFICATIONS

\r\n\r\n Experience working as an Asset Manager on safety and soundness examinations, including using the Alert File.�\r\n Experience in a specialty area of safety and soundness examinations, such as Information Technology (IT), Bank Secrecy Act (BSA), Trust, or Compliance.\r\n Experience serving as an Examiner-in-Charge or Asset Manager on safety and soundness examinations of entities supervised by the department.\r\n Experience examining entities chartered by the department as innovation banks.\r\n Experience training examiners in safety and soundness examination roles, including Examiner-in-Charge and Asset Manager.\r\n\r\n\r\n

SPECIAL REQUIREMENTS

\r\n Incumbents in this class may be required to travel.\r\n Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator's license.\r\n\r\n

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER\r\nThe State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.\r\n

ACKNOWLEDGEMENT

As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes. As such, a job class is not meant to be all inclusive of every task and/or responsibility.\r\n