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FINANCIAL DEPOSITORY EXAMINER TRAINEE*REPOST*

Recruitment #23-000227-0001

Introduction

The Maryland Department of Labor-Office of Financial Regulation is accepting applications from qualified candidates for the position of Financial Depository Examiner Trainee. This skilled position serves as the Financial Depository Examiner Trainee for the Department of Labor. A Financial Depository Examiner Trainee is the entry level of financial examination work.  Employees in this classification learn to examine the accounts, records, consumer transactions and business practices of depository financial institutions (i.e., State chartered banks, trust companies and credit unions) primarily located at the business’ headquarters. 

GRADE

15

LOCATION OF POSITION

1100 N. Eutaw Street Baltimore, MD 21201

Main Purpose of Job

A Financial Depository Examiner Trainee is the entry level of financial examination work. Examiners in this classification learn the examination functions and processes in the detail and financial 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. Examiners learn to evaluate the institutions capital adequacy, earnings performance, liquidity, sensitivity to market risk, securities portfolio, other assets and liabilities, risk management, and compliance with laws and regulations. A Financial Depository Examiner Trainee is a field examiner position that may, in managements discretion, work remotely in accordance with the Agency's telework policies.

POSITION DUTIES

Duties of this position include but are not limited to:

  • A financial Depository Examiner Trainee is responsible for participating in safety and soundness and compliance examinations of banks, credit unions, and trust companies. In doing so, at an entry level they assess and evaluate an institution's balance sheet, income and expense statements, Call Reports, and management reports to analyze capital adequacy, earnings performance, liquidity, including the securities portfolio, sensitivity to market risk, and compliance with state and federal laws, rules, and regulations.
  • Examiners begin to get training on conducting quarterly Off-Site Bank Monitoring reviews and for assigned institutions. Examiners are assigned off-site monitoring of banks after attending Introduction to Examination School.

MINIMUM QUALIFICATIONS

Experience: Four years of experience examining the accounts, records and business practices of depository financial institutions or managerial or professional accounting or auditing work.

Notes:

1. Candidates may substitute the possession of 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 or accounting for the required experience. These credit hours must include a minimum of 6 credit hours in either accounting or auditing.

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 experience.

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
Regulatory Supervision Training
Experience with CAMELS (Capital, Asset Quality, Management, Earnings, Liquidity, and Sensitivity to Market Risk)
Experience conducting Safety and Soundness examinations.

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.

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.

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 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: Jasmine Hubbard    23-000227-0001

1100 N. Eutaw Street, Rm. 101

Baltimore, MD 21201

 

For additional information, please contact Jasmine Hubbard at 410-767-2627 or via email Jasmine.Hubbard1@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.




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