DEPARTMENT OF INSURANCE AND FINANCIAL INSTITUTIONS

100 North 15th Avenue

Phoenix, Arizona 85007

Annual Salary Range: $61,500 - $66,000

Grade: 21

This position will remain open until filled  

Under direction, performs professional work of unusual difficulty in the examination and analysis of the conditions and overall operations of financial institutions including conditions of credit, financial statements, internal controls, general operation and methods, trust operations, mortgage portfolios; applies and interprets state and federal laws, rules and regulations.

This position also establishes priorities and scope of examination and analysis; writes final report of examination; conducts exit reviews with management and directors; calculates institutions' overall rating; investigates complaints received against licensees; and develops cases involving violations of laws by licensees.

• Independently and as a team member, examines complex records, accounts financial statements and securities portfolios of licensees; verifies that proper and lawful procedures are being followed, that securities are appropriate for licensee being examined and that loan portfolio is of such quality to be considered a bankable asset

• Reviews financial documents used by licensees and verifies that financial accounting, controls and figures are in compliance with state and federal laws

• Analyzes financial statements of licensees in order to make determinations on compliance with state and federal laws and regulations. Composes a consolidated statement of condition and report of income and expenses based on records, reports and accounts of licensees

• Writes detailed reports based on examination, analysis and evaluation of data pertaining to specific licensees in accordance with established procedure and format

• Conducts exit reviews to explain the details of the examinations; Confers with Unit Supervisor, presenting and resolving problems and questions, discussing plans and actions to be taken

• Attends and completes training opportunities, both offered by the Department and other external entities; attends administrative hearings as a witness

• Conducts field investigations relating to reported violations or irregularities in business or practice; interviews complainants and others, examines evidence, recommends actions and writes detailed investigative reports

• Examines department files and other relevant data prior to examination of business records to determine scope of examination needed

• Other duties as assigned as related to the position

Knowledge:

• Generally accepted and regulatory accounting practices and principles and examination procedures

• Computerized products used in examining and accounting systems and use of microcomputers

• Policies and procedures established for the work units

• Investigative techniques and reporting procedures

Skills:

• Applying federal and state laws, rules and regulations as they pertain to licensee's operations and activities

• Using investigative methods and techniques and maintaining chain of evidence

• Using computerized products and microcomputers in the examination process

• Researching, analyzing and interpreting complex financial data

• Applying examining and accounting methods and techniques

• Interpreting complex laws, rules and regulations

• Work management and leadership

• Oral and written communications

• Interpersonal relationships

• Mathematical calculations

Ability:

• Excellent oral and written communication skills to provide conclusions and work products to other examiners and financial licensee managers

• Interpersonal skills to work well in a team environment and to interact with staff and management at various financial institutions

• Be able to travel with overnight stays away from home base

• Past experience and training in examination or investigative work related to Financial Institutions/Enterprises

• Professional designations such as Certified Public Accountants or Certified Fraud Examiners

• Knowledge of State and Federal laws pertaining to the Mortgage Industry

• Ability to maintain a clean driving record; Ability to pass a background check performed by Arizona Department of Public Safety

• Ability to possess and maintain a valid Arizona Driver's License and operate a motor vehicle

If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply: Driver’s License Requirements.

The State of Arizona offers a comprehensive benefits package to include:

• Optional employee benefits include short-term disability insurance, deferred compensation plans, and supplemental life insurance

• Life insurance and long-term disability insurance

• Vacation plus 10 paid holidays per year

• Health and dental insurance

• Retirement plan

• Sick leave

Learn more about the Paid Parental Leave pilot program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page

• Positions in this classification participate in the Arizona State Retirement System (ASRS)

• Note that enrollment eligibility will become effective after 27 weeks of employment

• If you have any questions please feel free to contact Shawn McConnell at shawn.mcconnell@azdoa.gov