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FINANCIAL DEPOSITORY EXAMINER TRAINEE

Recruitment #19-000227-0001

Introduction

The Department of Labor, Licensing and Regulation (DLLR) is accepting applications from all qualified applicants for the position of Financial Depository Examiner Trainee. This position is the entry level of financial examination.

GRADE

14

LOCATION OF POSITION

500 North Calvert Street, Baltimore, Maryland 21202

Main Purpose of Job

A Financial Depository Examiner Trainee is the entry level of financial examination. Examiners in this classification learn the examination function and process in all areas of depository financial institutions and trust companies for safety and soundness and compliance with laws and regulations, to protect the general public and promote integrity and confidence in the financial industries regulated by the Agency. The Financial Depository Examiner Trainee is the entry level of financial examination. The examiner learns to evaluate the institution's capital adequacy. earnings performance, liquidity, sensitivity to market risk, securities portfolio, other assets and liabilities, risk management, and compliance with laws and regulations. The Financial Depository Examiner Trainee position is a field position that requires substantial overnight travel, from Monday through Thursday/Friday, on an average of 60% of the time. Traveling may be for consecutive weeks at a time. Employees in this classification are required to travel to assigned work locations and will be reimbursed for mileage for using their own vehicle.

POSITION DUTIES

Duties of this position include, but are not limited to:

  • Prepares schedules and work papers detailing the financial institution's balance sheet, income and expense statements, and cash flow for various interim periods to assess the financial condition of the institution.
  • Evaluate various investment instruments, book and market values, cash flows interest rate rick, restrictions and acceptability of investments.
  • Be trained on quarter Off-Site Bank Monitoring reviews and for assigned institutions. Examiners are assigned banks after attending Introduction to Examinations School.
  • Completes formal training by attending assigned schools, training courses, classes, and self-study programs with a passing/satisfactory rating.
  • May be assigned special projects by the Commissioner and/or Deputy Commissioner Agency-wide, which may not be limited to the Depository Supervision Unit. Special projects assigned may be annual, seasonal, and/or as directed.

MINIMUM QUALIFICATIONS

Education: Possession of a Bachelor’s degree from an accredited four-year college or university, including or supplemented by a total of 24 credit hours in business administration, finance, economics, law or accounting. These credit hours must include a minimum of 6 credit hours in either accounting or auditing.

Experience: None

Note:

1.  Applicants may substitute additional experience in examining the accounts, records and business practices of depository financial institutions or managerial or professional accounting or auditing work on a year for year basis for the required education.

2. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in logistics specialist classifications or administrative support specialty codes in the financial management or auditing fields of work on a year-for-year basis for the required education.

DESIRED OR PREFERRED QUALIFICATIONS

Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications:

Experience or knowledge of Loan writing and credit administration

Trust activities and wealth management as well as trust operations experience and/or knowledge

Information Technology, cybersecurity and management information systems experience

Knowledge and/or experience in Regulatory depository examination

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator’s license valid in the State of Maryland.

SPECIAL REQUIREMENTS

Employees in this classification may be required to attend advanced formal training classes. The purpose of this training is to maintain professional, job specific proficiency and current knowledge. Some training classes are out-of-State and may require overnight stays.

All candidates are subject to a background check against files maintained by the Division of Unemployment Insurance (DLLR/DUI) to determine whether any monies are owed to DLLR/DUI as a result of unemployment overpayment/fraud. Any unpaid debt may have an impact on whether or not a candidate is offered employment.

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.

RESUMES ARE NOT ACCEPTABLE AND NOT CONSIDERED IN THE SELECTION PROCESS.

All information concerning the qualifications, including any required documentation (diploma, transcript, certificate, etc.) must be submitted and received by the closing date. Information submitted after this date will not be considered.

For positions that require Bachelor/Master Degree etc:

Educational credentials from foreign countries must be evaluated by an approved education review service. This evaluation must be submitted prior to hire. For further information, you may call International Consultants of Delaware, Inc. (302) 737-8715 or World Education Services Inc. 1-800-932-3897 or (202) 331-2925.

EXAMINATION PROCESS

The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.

BENEFITS

FURTHER INSTRUCTIONS

The online application process is STRONGLY preferred. If you are unable to apply online, you may mail a paper application and supplemental questionnaire to:   

DLLR Office of Administration

Attn: Tenisha Tunstall   19-000227-0001

1100 N. Eutaw Street, Rm. 101

Baltimore, MD 21201  

if you are unable to apply online, or encounter difficulty attaching required or optional documentation, you may submit via mail or deliver in person. Please be sure to include your name, identification number (Easy ID#) and job announcement number on any documentation to ensure timely processing.

PLEASE DO NOT FAX OR EMAIL UNSOLICITED DOCUMENTATION

For additional information, please contact Tenisha Tunstall at 410-767-2772 or via email Tenisha.Tunstall2@maryland.gov.  

The MD State Application Form can be found online   Department of Labor, Licensing and Regulation is an equal opportunity employer. It is the policy of DLLR that all persons have equal opportunity and access to employment opportunities, services, and facilities without regard to race, religion, color, sex, age, national origin or ancestry, marital status, parental status, sexual orientation, disability or veteran status.

TTY  Users: call via Maryland Relay