Class Title: BANK EXAMINER 1*
Bargaining Unit: Use for all Job Titles
Class Code: 075202
Education and Experience: Bachelor’s degree from an accredited college or university with a major in Finance, Accounting, Economics, Business Administration or other related business degree with a minimum of nine (9) semester hours of accounting and/or finance.
Professional bank examination work may substitute for the required education including the accounting course work, on a year-for-year basis to a maximum of four (4) years.

Other Requirements:

Necessary Special Qualifications: Applicants for this class must:
  1. Maintain a Valid Motor Vehicle Operators License. 

Examination Method: Education and Experience,100%, for Preferred Service positions.
Job Overview:

Summary: Under immediate supervision, is responsible for professional bank examination work of routine difficulty, attends required schools and performs related work as required.
Distinguishing Features: This is the entry level classification in the Bank Examiner series. An incumbent in this class is employed by the Department of Financial Institutions and learns to review and analyze the financial statements and operations of state chartered Banks licensed to operate in Tennessee. This class flexes to and differs from Bank Examiner 2* in that an incumbent of the latter functions at the working level.

*An applicant appointed to this class will be reclassified to Bank Examiner 2* after successful completion of a two-year training period; inadequate or marginal performance during the training period will result in automatic demotion or termination.

Work Activities:

Processing Information:
  1. Learns to calculate the quality of earnings, capital, liquidity, and interest rate sensitivity to determine the financial viability of the institution.
  2. Learns to reconcile the ALLL, capital accounts, due from/due to accounts, official checks, etc. to balance the institutions financial records. 
Identifying Objects, Actions and Events:
  1. Learns to identify trends and levels of financial data and ratios to determine the financial stability of the institution.
Monitor Processes, Materials or Surroundings:
  1. Learns to audit and examine financial records of banks to ensure compliance with accepted accounting principles and practices and adherence to pertinent state laws, rules and regulations.
  2. Learns to verify a bank’s assets and liabilities in order to reconcile financial statements and check the accuracy of the report of condition and income.
  3. Learns to read UBPR data to assess the trends and levels of the bank financial performance.
  4. Learns to conduct test checks and samplings of income and disbursement items and accounts maintained during the period of examination in order to determine statutory compliance and the use of sound banking practices.
Interpreting the Meaning of Information for Others:
  1. Learns to interpret the examination findings and convey this information to bank management.
Evaluating Information to Determine Compliance with Standards:
  1. Learns to ensure that the institution is meeting all state and federal regulatory guidelines by reviewing policies, procedures, practices, processes and financial records.
Analyzing Data or Information:
  1. Learns to examine and analyze sensitivity to market risk to determine the effects of interest rate changes on the earnings and capital position based on the asset and liability structure of the institution.
  2. Learns to spread the balance sheet and income statement to verify that they are reporting financial data to the regulatory agencies correctly.
  3. Learns to examine and analyze the investment portfolio to determine its credit quality, potential contribution to earnings and ability to provide liquidity to the institution.
  4. Learns to examine and analyze the earnings to determine its ability to fund operations, provide capital augmentation and to properly fund the ALLL.
  5. Learns to examine and analyze the liquidity position in order to determine if the institution can manage its daily cash flow needs.
  6. Builds on the examination knowledge base and learns to evaluate key financial ratios to assess the safety and soundness of the institutions.
  7. Learns to examine and analyze the capital position to determine the financial viability of the institution and its level of risk protection provided in comparison to the institution’s overall risk profile.
Making Decisions and Solving Problems:
  1. Learns to explain and interpret departmental policies and procedures and federal and state laws, rules and regulations governing financial institutions to institution management and the board of directors to ensure an understanding of the examination findings and recommendations.
  2. Learns to interpret regulatory statutes, guidelines, policies and procedures for internal and external customers to determine applicability to departmental responsibilities.
Getting Information:
  1. Learns to obtain the bank’s income statement to determine the bank’s profitability, ability to fund operations, to appropriately fund the ALLL and provide capital augmentation.
  2. Learns to obtain the bank’s interest rate measurement model to determine the effects of interest rate changes on the earnings and capital position based on the asset and liability structure of the institution.
  3. Learns to obtain a list of the bank’s investment portfolio to analyze the credit quality, income capacity and liquidity of the portfolio.
  4. Learns to obtain all bank policies and procedures to ensure that they conform to regulatory standards and management’s compliance with internal policies.
  5. Learns to obtain a copy of the bank’s quarter end balance sheet and income statement to check the accuracy of the reported condition and income (call report).
  6. Learns to obtain the bank’s liquidity monitoring model to determine if the institution can manage its daily cash flow needs.
  7. Learns to obtain budgetary information to ensure that budgetary assumptions are adequate and achievable.
  8. Learns how to obtain the bank’s general ledger in order to reconcile income, expense and balance sheet accounts.
  9. Reads prior Reports of Examination to determine if previous recommendations have been implemented and/or issues addressed/corrected.
Judging the Qualities of Things, Services or People:
  1. Learns to identify and apply regulatory rating standards/definitions (CAMEL) to assign ratings to the bank’s financial components.
  2. Learns to judge the oversight being provided by the board and management staff of the institution.
  3. Learns to judge the adequacy of an institution’s policies in compliance with Best Practices.
Updating and Using Relevant Knowledge:
  1. Continually maintain up-to-date knowledge of regulatory processes, statutes, policies, procedures, regulations and industry knowledge to effectively regulate the institutions and to serve as an information resource to internal and external customers.
  2. Completes all pre-course work and actively participate in required schools to learn all facets of the examination process in order to perform bank examinations.
Documenting/Recording Information:
  1. Learns to prepare a detailed examination narrative reports and supporting financial and statistical documents identifying legal, financial and administrative problems/discrepancies and recommending methods of improvement.
  2. Learns to maintain documentation of examination work papers in compliance with department standards.
Organizing, Planning, and Prioritizing Work:
  1. Learn to manage and prioritize multiple work assignments to meet established deadlines.
Interacting with Computers:
  1. Learns to input and extract data into and from assigned computer programs to facilitate the execution of assigned tasks.
  2. Learns to set-up computers and printers at the examination site.
  3. Learns to retrieve information from appropriate websites for use during examinations.
  4. Learns to utilize identified software programs to analyze data and prepare report comments.
Communicating with Persons Outside Organization:
  1. Learns to establish and maintain a variety of professional contacts with financial institution executives, federal counterparts and other personnel, accountants and lawyers to maintain up-to-date knowledge of the institutions we regulate.
Establishing and Maintaining Interpersonal Relationships:
  1. Learns to work collectively with federal regulators and other bank industry entities to ensure a balanced and consistent regulatory approach.
Communicating with Supervisors, Peers or Subordinates:
  1. Asks questions and seek clarification from supervisor, examiner-in-charge and experienced examiners regarding assigned tasks, policies, responsibilities and procedures to ensure understanding.
  2. Provides verbal and/or written updates to the examiner-in-charge pertaining to assigned examination tasks.
  3. Communicates via e-mail and verbally with supervisors, co-workers, departmental associates in order to suggest solutions or resolve problems uncovered in examinations.
Performing Administrative Activities:
  1. Learns to submit accurate and complete timesheets in a timely manner in Edison.
  2. Learns to submit expense claims, travel authorizations and reports/mileage logs according to established guidelines and timeframes.
  3. Maintains electronic and hard-copy files according to department procedures.
  4. Makes copies of information as needed to maintain documentation and/or to utilize during the examination process.
Operating Vehicles, Mechanized Devices, or Equipment:
  1. Travels out-of-state to participate in required schools to complete examination training.
  2. Travels to assigned examination sites including the potential for overnight travel to conduct examinations.
Performing General Physical Activities:
  1. Lift and transport equipment (i.e. printers, boxes of records, etc.) to be utilized at the examination site.

Competencies (KSA’s):

  1. Problem Solving
  2. Priority Setting
  3. Time Management
  4. Action Oriented
  5. Drive for Results
  6. Career Ambition
  7. Written Communications
  8. Listening
  9. Patience
  10. Personal Development
  11. Self-Development
  1. Intermediate knowledge of financial accounting and economic principles
  2. Basic knowledge of financial statements
  3. Intermediate financial mathematic skills
  4. Knowledge of statistical data analysis
  5. Knowledge of computer software (Microsoft Word, Excel, Outlook)
  1. Active learning skills and ability to acquire and build on knowledge base
  2. Possess active listening skills and ability to give full attention to instructions, ask questions, and understand new information
  3. Demonstrate critical thinking by using logic and reasoning to identify logical solutions, conclusions, and make recommendations
  1. Utilize on-the-job training and instruction from examiner schools and apply in the examination process
  2. Ability to read, comprehend and apply deductive reasoning skills to laws, rules, statutes, policies, and regulations and demonstrate understanding in the examination process
  3. Ability to communicate effectively with co-workers and bank officials to convey information and present information in a group setting
  4. Ability to utilize English language and composition to prepare written reports utilizing correct grammar, spelling, and sentence composition to clearly convey examination results to the readers
  5. Demonstrate time management skills and be able to prioritize work to meet deadlines
  6. Ability to identify correct mathematical methods or formulas in an analysis situation
  7. Ability to listen and understand information and ideas presented through spoken words and sentences
  8. Ability to communicate information when speaking to others to ensure understanding
  9. Ability to read and understand information presented in written form
  10. Demonstrate finger dexterity to key data
  11. Ability to lift 40 pounds of equipment/files to transport to the examination site
  12. Demonstrate interpersonal skills and ability to work as part of a team and self-motivation to work independently and unsupervised to complete work by identified deadlines
  13. Ability to adapt and effectively complete tasks in varying work environments and locations on a day-to-day basis
  14. Ability to sit and work at a computer and review paperwork for extensive periods of time

Tools and Equipment Used:

  1. Personal Computer
  2. Telephone
  3. Fax Machine
  4. Printer
  5. Copier
  6. Financial Calculator
  7. Scanner
  8. Automobile


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