Job Details
Qualifications
- Financial analysis
Benefits
- Dental insurance
- Employee assistance program
- Health insurance
- Paid time off
- Wellness program
Job Description
Introduction
Utilize your training and experience in financial analysis to evaluate the financial condition of state-chartered banks, savings institutions and trust companies as a Financial Examiner! These important positions work to safeguard depositor investments and ensure compliance of banks with state and federal regulations and administrative codes by conducting on-site reviews of records and evaluating financial affairs of banks in the State of Wisconsin.
Summer 2023 graduates are strongly encouraged to apply!
This recruitment may be used to fill additional upcoming vacancies within the next 6 months.
Grow your career with us! This classification series provides opportunities for advancement as knowledge and experience is gained.
All candidates hired into these positions will be assigned to a specific territory and will have their home designated as their headquarters city. The incumbent must be willing and able to travel frequently throughout the state.
The Department of Financial Institutions (DFI) ensures the safety and soundness of Wisconsin’s financial institutions, protects consumers of financial services and facilitates economic growth. The agency regulates and licenses financial service providers who do business in Wisconsin. Find out more about DFI here!
DFI is a great place to work! In addition to meaningful and rewarding work, we offer a competitive benefits package featuring:
Substantial leave time including at least 3.5 weeks of vacation to start, 9 paid holidays, and 130 hours of sick time that roll over each year.
Excellent and affordable health, vision, and dental benefits (health plan options start at just $35/month for single plans and $87/month for family plans after two months of employment)
A casual office atmosphere, flexible work schedules, and telework options depending on the position’s requirements
An exceptional pension plan with employer match and lifetime retirement payment, plus an optional tax advantaged 457 retirement savings plan
Well Wisconsin Wellness Program
A free and confidential employee assistance program that offers employees and their immediate family dependents a variety of tools, resources, and professional consultation services to support their health, goals, and overall well-being
In addition to our generous employee benefits, we strive for inclusivity and celebrate different religious holidays and cultural observances and provide flexibility for utilizing paid time off for such celebrations.
Position Summary
Our small yet dynamic team is tasked with regulating all of Wisconsin’s state-chartered banks and trust companies for safety and soundness. Examinations are typically performed on location at each bank throughout the state and include the evaluation of the bank’s financial condition, profitability, quality of assets, management, operations and compliance with laws and regulations. The work environment is very fast paced with multiple competing deadlines and requires strong attention to detail, organization skills and significant collaboration with team members and external stakeholders.
On a weekly basis, examiners are responsible for conducting a thorough review of the bank’s financials, documents, records, and risk management practices related to the institution’s operations, preparing reports with recommendations for improvement and discussing findings with the lead examiner. Examination work is conducted through onsite reviews and discussions with bank management as well as through offsite financial and report analysis.
As an entry level professional examiner, your responsibility is to assist the examiner-in-charge (lead examiner) and work under the guidance and mentorship of experienced examiners, trainers and supervisors until necessary training is completed. Once proficiency is gained, examiners serve as the lead examiner on a rotational basis.
Salary Information
This position is in schedule-range (07-04) with an hourly salary of $26.00 - $28.56, plus excellent benefits. A twelve-month probationary period is required. Pay for current state employees will be set in accordance with the Wisconsin State Compensation Plan.
Job Details
These positions require the ability to travel independently throughout the State of Wisconsin frequently and at times, overnight.
This classification series is eligible to receive up to a total of four sequential $1.50 per hour add-ons once criteria of each level is met.
**Please be aware that state ethics laws and policies apply to this position. If you are offered and accept this position, these restrictions may preclude you from owning bank stock or having other financial interests in certain financial institutions. If you have any questions, please contact Chris Green, Assistant Chief Legal Counsel, Wisconsin Department of Financial Institutions (DFI), chris.green1@dfi.wisconsin.gov, (608) 716-9687.**
Prior to any appointments for position(s) filled from this announcement, candidates may be subject to a comprehensive criminal background check.
This state agency does not sponsor work visas. Any appointment made will be contingent on the applicant being able to prove valid status to work in the United States.
Certain positions within this Department may allow remote/work from home flexibility for a portion of their work schedule, depending on the needs of the position and the work unit. This topic and any remote work flexibility that may be available will be discussed in more detail in the interview process. For permanent positions that allow remote work flexibility, Wisconsin residency is not required. However, it is not anticipated that working outside of Wisconsin (or bordering cities) will be allowed because positions may at times need to report to office locations in Wisconsin on short notice.
Qualifications
Qualified applicants must have experience in all the following:
Course work in business, data analysis, or information science related areas and/or experience performing fiscal related duties (i.e., accounting, financial analysis, auditing, loan officer experience, etc.)
Analyzing and/or reviewing data to identify trends
Reviewing, interpreting, and/or applying regulations, policies and/or procedures
In addition to having all the above, well qualified applicants will have experience with one or more of the following:
A degree in a business-related field (i.e., accounting, finance, economics, etc.)
Evaluating and/or auditing an organization’s financial condition or performance
Analysis, preparation, and/or submission of financial reports
Working with banking operations
How To Apply
Apply online! To apply, click “Apply for Job” to start the application process. Then, you will access your existing account or to create a new account if you don’t have an account. Once you are logged in, click “Apply for Job.” Follow the steps outlined in the application process and submit your application.
Your application materials are very important parts of your application and are used during our evaluation process to determine your qualifications as they relate to the job. For instructions on how to develop and what should be included in these materials, click here. For more information on the basics of the selection process and how the State of WI ensures fair and equitable treatment of all applicants, click here. The vast majority of applicants are able to outline their background and experience in their resume in 1-3 pages. Any resumes submitted with more than 10 pages will not be considered after page 10. If this job posting requires a letter of qualifications, the same limit applies.
Permanent classified state employees who are eligible for consideration (transfer or voluntary demotion) should complete the application process as described above by the stated deadline.
Submitted materials will be evaluated by a panel of job experts and the most qualified applicants will be invited to participate in the next step of the selection process. Questions can be directed to vickil.drover@dot.wi.gov or 608-261-6302.
Deadline to Apply
All application materials must be received by 11:59 p.m. CST on August 14th, 2023.