Skip to Main Content

Powered by JobAps

FINANCIAL NON-DEPOSITORY EXAMINER TRAINEE

FINANCIAL NON-DEPOSITORY EXAMINER

Recruitment #19-000278-0003

Introduction

The Department of Labor is accepting applications from all qualified for the position of Financial Non-Depository Examiner Trainee. Employees in this classification examine/investigate all areas of licensed non-depository financial service providers for compliance with laws and regulations, to protect the general public by ensuring licensees engage in safe and sound financial services activity in a lawful, honest, fair, and efficient manner, and promote integrity and confidence in the financial services industries regulated by the Commissioner of Financial Regulation.

GRADE

13

LOCATION OF POSITION

500 North Calvert Street, Baltimore, Maryland 21202

Main Purpose of Job

To examine/investigate all areas of licensed non-depository financial service providers for compliance with laws and regulations, to protect the general public by ensuring licensees engage in safe and sound financial services activity in a lawful, honest, fair and efficient manner, and promote integrity and confidence in the financial services industries regulated by the Commissioner of Financial Regulation.

POSITION DUTIES

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

  • Interacting with representatives of financial institutions, including participating in the examination/investigation, requesting information and documentation, requesting explanations as to business activity, procedures and policies, assisting in an end of examination/investigation exit interview, and assisting in resolving examination/investigation  findings.
  • Learns to review of books and records of financial institutions to ensure compliance with federal and state laws and regulations.
  • Learns to prepare schedules and work papers detailing actives of the licensees being examines/investigated.
  • Learns to analyze loan documents for adequacy, legal requirements and suitability.
  • Learns to analyze financial records (bank statement, financial statements-Balance Sheets; Income Statements, Retained Earnings, Cash Flow Statements) to assess the financial condition of the non-depository institution.

MINIMUM QUALIFICATIONS

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

Experience: None.

Note: Applicants may substitute regulatory, investigatory, managerial or professional experience in the financial services industry, consumer credit industry, mortgage lending industry, accounting or auditing work or State or federal experience regulating the above industries or in law enforcement 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.

Bank experience

Mortgage company experience

Title company experience

6 months of auditing experience

6 months of investigatory experience

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 (Department of Labor/DUI) to determine whether any monies are owed to Department of Labor/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 examination for this recruitment will be an evaluation and rating of the information provided on your application. Therefore, it is essential that the application is filled out completely and accurately, listing all relevant education and experience, addressing the specific qualifications shown above and submitting any required documentation (diploma, transcript, certification, license, etc.). Please include clear, detailed and specific information on your application regarding experience qualifications related to the minimum qualifications, desired, and/or selective qualifications of the position.

BENEFITS

FURTHER INSTRUCTIONS

The online application is STRONGLY preferred. However, 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.

The paper application must be received by 5 pm, close of business, on the closing date for the recruitment, no postmarks will be accepted. Incorrect application forms will not be accepted.

PLEASE DO NOT FAX OR EMAIL UNSOLICITED DOCUMENTATION

Completed applications, required documentation, and any required addendums may be mailed to:  

Department of Labor Office of Human Resources

Attn: Tenisha Tunstall    19-000278-0003

1100 N. Eutaw Street, Rm. 101

Baltimore, MD 21201  

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 is an equal opportunity employer. It is the policy of Department of Labor 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.