DOB- Financial Examiner I-II (Money Services Businesses (MSB))

Job Description

Working Title:              Financial Examiner - Money Services Businesses (MSB)

State Classification:    Financial Examiner I - II                             Class No. / Sal Grp:    U1100/U1102, EE00

Monthly Salary:            Financial Examiner I:    $5,910.00

Financial Examiner II:   $6,528.00

(Salary and Classification Commensurate with Experience.)

Location:                       San Antonio, Houston, or Dallas                 FLSA Status:    Non-Exempt

Overnight Travel:          Extensive Travel - at least 50%

Mission:
The mission of the Texas Department of Banking is to ensure Texas has a safe, sound, and competitive financial services system.

General Description:
Financial Examiners perform highly responsible financial examinations of the MSB industry. Financial Examiners perform entry-level examinations to examinations of increasing complexity and responsibility. Work involves examining accounting records to ensure compliance with applicable statutes and regulations and reports to the Deputy Commissioner of Non-Depository Supervision. Works under the guidance of other examiners, with limited latitude for the use of initiative and independent judgment.

Job Duties:
-    Develops and maintains working knowledge and application of various reference materials including the Texas Finance Code, Texas Administrative Code, departmental memorandums, applicable federal regulations and MSB procedures.
-    Assists with or conducts joint and independent examinations of MSB entities.
-    Reviews and evaluates records to ensure compliance with applicable laws and regulations, including Bank Secrecy Act (BSA) regulations.
-    Reviews files for compliance with recordkeeping requirements.
-    Examines bank statements and other financial records.
-    Reviews and evaluates the financial condition of the MSB license holder to ensure compliance with the statutory guidelines.
-    Reviews and evaluates the internal controls associated with MSB operations.
-    Determines the overall condition of the MSB license holder, assigns an overall uniform risk rating and presents conclusions and findings to regulated entity management.
-    Prepares MSB examination reports.
-    Prepares neat and orderly working papers to document examination procedures and to support findings.
-    Achieves proficiency with Departmental approved computer applications and programs to accomplish job duties. 
-    Demonstrates leadership, organization, and time management skills.
-    Prepares neat and orderly working papers to document examination procedures and to support findings.
-    Participates in discussions on changes and improvements to examination procedures, rules, and laws and makes recommendations to Departmental management.
-    Performs investigative, analytical, and administrative duties as assigned.
-    Assists with team examinations.
-    Assists with seizures of troubled or unlicensed entities as assigned.
-    Performs monthly, quarterly, and annual examination scheduling projections to ensure entities are examined according to statute.
-    Monitors own progress to ensure budgeted goals are met.
-    Other duties as assigned.

Required Minimum Qualifications:
Experience and Education Requirements:

Financial Examiner I: 
-    Graduation from an accredited four-year college or university with major course work in finance, accounting, business administration, economics, or job-related field with a minimum of six hours, nine preferred, in accounting to include basic and/or intermediate accounting. 
                    o    Must have a minimum grade point average of 2.50 on a 4.0 scale for accounting hours.  
                    o    Must have a minimum overall grade point average of 2.75 on a 4.0 scale. 
-    A graduate degree in finance, accounting, business administration, economics, or job-related field may substitute for an undergraduate degree that is not business related.

Financial Examiner II: 
-    Same educational requirement as the Financial Examiner I
-    One year experience in the regulation, examination, or analysis of financial institutions and/or related industry.

Copy of official college transcripts must be submitted with your State of Texas Application for Employment.

Preferred Qualifications:
-    Bilingual in Spanish and English with the ability to communicate well, both verbally and in writing. 
-    Work experience in a financial institution, trust department or trust company, money service business or related field is desirable.
-    Candidates with 0-2 years of professional experience.

Special Requirements:
-    Position requires at least 50% overnight travel.  During the initial probationary period, travel may exceed 75% to attend training. Sunday travel may periodically be required.
-    Must possess or obtain within 90 days of employment, a valid Texas Driver's license. Satisfactory driving records are required for driving any vehicle to conduct agency business. Final applicants must certify that personally owned vehicles used for agency business have Texas minimum liability coverage and a valid state inspection.
-    This position requires that the incumbent demonstrate strong personal financial responsibility and integrity. 
-    Applicants selected for an interview may be asked to complete a work style profile.
-    Final applicants may be subject to an employment credit check, driving record check, and criminal background check.

Knowledge, Skills, and Abilities:
-    Knowledge of personal computers.
-    Knowledge of accounting, finance, and mathematics operations.
-    Knowledge of statistical analysis and techniques, auditing and accounting standards, financial industry terminology and practices, corporate structures, business operating procedures, management controls and internal reporting techniques.
-    Skill in Microsoft Word, Excel, and database programs.
-    Skill in negotiation and customer service.
-    Skill in performing mathematical and financial calculations.
-    Skill in collecting, analyzing, and documenting examination data.
-    Skill in preparing accurate written reports on examination findings.
-    Ability to be self-motivated and exercise initiative and independent judgment.
-    Ability to communicate moderately complex information effectively, both verbally and in writing.
-    Ability to disseminate results of examination in an organized and concise manner.
-    Ability to express issues logically and persuasively both verbally and in writing.
-    Ability to maintain effective working relationships with supervisors, co-workers, team members, regulated entity employees and the public.
-    Ability to work independently in the field and adapt to a variety of work environments.
-    Ability to maintain confidentiality and handle sensitive information.

Physical Requirements and/or Working Conditions:
The physical demands described here are represented of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position requires the incumbent to primarily perform sedentary office work; however, mobility (standing and walking) is routinely required to carry out some duties. It requires extensive computer, copiers, printers, telephone, and client/customer contact. The job also requires normal cognitive abilities requiring the ability to learn, recall, and apply certain practices and policies. It requires the stamina to maintain attention to detail despite interruptions. Marginal or corrected visual, speech and auditory requirements are required for reading printed materials and computer screens and communicating with internal and external customers. Travel is at least 50% with overnight stays both in-state and out-of-state.

How to Apply:
To submit your application for employment, select Apply Online. Create and/or Login to your online applicant profile and electronically submit your State of Texas Application for Employment.

All applications must contain complete job histories, which include job titles, dates of employment, name of employer, supervisor's name and phone number and a description of duties performed. If this information is not submitted, your application may be rejected because it is incomplete. Resumes do not take the place of this required information.

Applications Submitted through Work in Texas:
Applicants may submit applications through Work in Texas (WIT), however applicants must complete work history, education and the supplemental questions in CAPPS to be considered for the position. In order to complete the supplemental questions, please register and/or login to CAPPS Candidate Gateway and access your profile.

Transcripts:
If education is used to meet the minimum requirements of the job posting, a copy of college transcript(s) issued from the registrar must be uploaded in CAPPS for your application to be considered complete. Foreign education credentials must be evaluated by a NACES or AICE member credential evaluation service. Please contact jobs@dob.texas.gov immediately if you are having difficulty uploading transcripts to your application.

SAO Military Crosswalk:     https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AccountingAuditingandFinance.pdf

Remarks:    State law prohibits any employee of the Department from being or becoming "directly or indirectly indebted to, or financially interested in an entity supervised or regulated by the Banking Commissioner." See Texas Finance Code, Section 12.107.

Those selected for an interview will be contacted by telephone.  Final male applicants between the ages of 18 to 26 will be required to furnish proof of registration or exemption from registration with the selective service system.
E-Verify:    This organization participates in E-Verify. This employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee's Form I-9 to confirm work authorization.

The Texas Department of Banking is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, national origin, veteran status, age or disability in employment or the provision of services. A disabled individual requiring reasonable accommodation shall not be denied opportunity due to the disability. The applicant should contact Human Resources if reasonable accommodation is required during the application process at (512) 475-1345.