|Class Title:||BANK EXAMINER 2*|
|Bargaining Unit:||Use for all Job Titles|
Education and Experience: Graduation from an accredited college or university with a bachelor’s degree in accounting, finance, banking or business related field and a minimum of nine semester hours of accounting and/or finance; and experience equivalent to two years of full-time professional bank examination work with a federal or state agency.
Substitution of Education for Experience: None.
Substitution of Experience for Education: None.
Necessary Special Qualifications: Applicants for this class:
- Must possess and maintain a valid motor vehicle license;
- Must demonstrate satisfactory completion of the FDIC Introduction to Examination School, or equivalent training provided by the Conference of State Bank Supervisors or Federal Reserve;
- Must demonstrate satisfactory completion of the FDIC Financial Institution Analysis School, or equivalent training provided by the Conference of State Bank Supervisors or Federal Reserve.
Examination Method: Education and Experience, 100%, for Preferred Service positions.
Summary: Under general supervision, is responsible for professional bank examination work of considerable difficulty; and performs related work as required.
Distinguishing Features: *This is the working class in the Bank Examiner sub-series, the entry level being subsumed by Bank Examiner 1*. An employee in this class is responsible for performing a variety of assignments in reviewing and analyzing the financial statements and operations of state chartered banks in Tennessee. Work involves examining bank records and financial statements and preparing reports to ensure that bank operations and financial conditions adhere to the banking laws, rules and regulations of the state. This class is flexibly staffed with Bank Examiner 1* and differs in that incumbents of the latter are responsible for performing entry-level bank examination duties under immediate supervision. This class differs from that of Bank Examiner 3 in that an incumbent of the latter performs work of greater scope and complexity.
Interpreting the Meaning of Information for Others:
- Interprets the examination findings of troubled and satisfactory financial institutions and conveys this information to bank management and other examiners.
- Reviews examination comments from other examiners to determine accuracy and relevancy of comments.
Making Decisions and Solving Problems:
- Determines the initial CAMELS ratings to appropriately assess the financial condition of the institution.
- Learns to determine the initial loan ratings to appropriately assess the credit quality of the bank’s loan portfolio.
- Determines if the financial institutions’ overall risk management policies and procedures are sufficient and effective in averting risk.
- Explains and interprets 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.
- Interprets regulatory statutes, guidelines, policies and procedures for internal and external customers to determine applicability to departmental responsibilities.
- Serves as the Examiner in Charge of troubled and satisfactory financial institutions and are ultimately responsible for the processing of all financial information and reports of examinations.
- Serves as the Operations Manager of troubled and satisfactory financial institutions and reviews/evaluates sections of the report prepared by examination team for accuracy and completeness.
- Reconciles the ALLL, capital accounts, due from/due to accounts, official checks, etc. to balance the institutions financial records.
- Calculates and analyzes the quality of earnings, capital, liquidity, and interest rate sensitivity to determine the financial viability of troubled and satisfactory financial institutions.
Evaluating Information to Determine Compliance with Standards:
- Ensures that the financial institution is meeting all state and federal regulatory guidelines by reviewing policies, procedures, practices, processes and financial records.
Analyzing Data or Information:
- Learns to analyze and determines the adequacy of troubled and satisfactory financial institutions’ ALLL.
- Learns to reviews and analyzes loans of troubled and satisfactory financial institutions to determine credit quality, potential risk of loss to capital.
- Reviews and analyzes other real estate for proper documentation, accounting treatment, and potential risk of loss to capital.
- Examines and analyzes sensitivity to market risk of troubled and satisfactory financial institutions to determine the effects of interest rate changes on the earnings and capital position based on the asset and liability structure of the institution.
- Assists on bank investigations in relation to new bank applications and charter conversion applications to determine relevancy and needs.
- Conducts BSA examinations of troubled and satisfactory financial institutions to determine compliance with statutory mandates.
- Learns to examine and analyzes the use of financial derivatives as an investment or a hedge against interest rate risk.
- Examines and analyzes the capital position of troubled and satisfactory financial institutions to determine the financial viability of the institution and its level of risk protection provided in comparison to the institution’s overall risk profile.
- Examines and analyzes the investment portfolio of troubled and satisfactory financial institutions to determine its credit quality, potential contribution to earnings and ability to provide liquidity to the institution.
- Examines and analyzes the earnings of troubled and satisfactory financial institutions to determine its ability to fund operations, provide capital augmentation and to properly fund the ALLL.
- Serves as analyst to review progress reports, bank examination reports and other projects as assigned by the central office to assist in the regulation of financial institutions.
- Examines and analyzes the liquidity position of troubled and satisfactory financial institutions in order to determine if the institution can manage its daily cash flow needs.
- Spreads the balance sheet and income statement on troubled and satisfactory financial institutions to verify that they are reporting financial data to the regulatory agencies correctly.
- Continually expand one’s examination knowledge base and evaluates key financial ratios to assess the safety and soundness of the institutions.
Training and Teaching Others:
- Provides positive training opportunities for subordinate examination staff to ensure their continued development of examination practices and procedures.
Establishing and Maintaining Interpersonal Relationships:
- Maintains appropriate communication with co-workers and other collaterals at all times within the work environment.
- Works collectively and harmoniously with peer examiners, supervisors and other department staff to ensure regulatory responsibilities are completed in compliance with policy, procedure, statutes and rules.
- Prepares detailed examination narrative reports and supporting financial and statistical documents identifying legal, financial and administrative problems/discrepancies and recommending methods of improvement.
- Completes loan cards accurately to support loan classification rating.
- Maintains documentation of examination work papers in compliance with department standards.
Monitor Processes, Materials or Surroundings:
- Audits and examines financial records of troubled and satisfactory institutions’ to ensure compliance with accepted accounting principles and practices and adherence to pertinent state laws, rules and regulations.
- Verifies troubled and satisfactory institutions’ assets, liabilities, and capital in order to reconcile financial statements and check the accuracy of the report of condition and income and Call Report Schedule RC-R.
- Utilizes the UBPR data to assess the trends and levels of troubled and satisfactory bank financial performance.
- Conducts 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.
Updating and Using Relevant Information:
- Continually maintains up-to-date knowledge of regulatory processes, statutes, policies, procedures, regulations and industry knowledge to regulate effectively the institutions and to serve as an information resource to internal and external customers.
- Successfully completes all pre-course, course work and actively participates in required schools to learn all facets of the examination process in order to perform bank examinations.
Identifying Objects, Actions and Events:
- Identify trends and levels of financial data and ratios to determine the financial stability of the institution.
- Identify the elements of a strong internal routines and control program.
Communicating with Supervisors, Peers or Subordinates:
- Asks questions and seeks clarification from supervisor, examiner-in-charge and others examiners regarding assigned tasks, policies, responsibilities and procedures to ensure understanding.
- Provides verbal and/or written updates to the division manager, supervisor and/or examiner-in-charge pertaining to assigned examination tasks.
- Communicates via e-mail and verbally with supervisors, co-workers, departmental associates in order to suggest solutions or resolve problems uncovered in examinations.
Coaching and Developing Others:
- Provides positive coaching and development opportunities for subordinate examination staff.
Organizing, Planning and Prioritizing Work:
- Under the direction of the examiner-in-charge or other senior examiner, organizes plans and oversees multiple meetings with management/directorate and other regulatory agencies.
- Manages and prioritizes multiple work assignments to meet established deadlines.
- Assist with the completion of the preplan assessment of troubled and satisfactory financial institutions scheduled for examination.
- Obtains the financial institutions’ income statement to determine the profitability, ability to fund operations, to appropriately fund the ALLL and provide capital augmentation.
- Obtains the financial institutions’ 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.
- Obtains a list of the financial institutions’ investment portfolio to analyze the credit quality, income capacity and liquidity of the portfolio.
- Obtains all financial institutions’ policies and procedures to ensure that they conform to regulatory standards and management’s compliance with internal policies.
- Obtains the financial institutions’ liquidity monitoring model to determine if the institution can manage its daily cash flow needs.
- Reads prior Reports of Examination to determine if previous recommendations have been implemented and/or issues addressed/corrected.
- Obtains a copy of the financial institutions’ quarter end balance sheet and income statement to check the accuracy of the reported condition and income (call report).
- Obtains budgetary information to ensure that budgetary assumptions are adequate and achievable.
- Obtains the financial institutions’ general ledger in order to reconcile income, expense and balance sheet accounts.
Communicating with Persons Outside Organization:
- Establishes and maintains 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.
Interacting with Computers:
- Utilizes identified software programs to analyze data and prepare report comments.
- Inputs and extracts data into and from assigned computer programs to facilitate the execution of assigned tasks.
- Sets up computers and printers at the examination site.
- Retrieves information from appropriate websites for use during examinations.
Operating Vehicles, Mechanized Devices or Equipment:
- Travels out-of-state to participate in required schools to complete examination training.
- Travels to assigned examination sites including the potential for overnight travel to conduct examinations.
Performing Administrative Activities:
- Submits accurate and complete timesheets in accordance with established deadlines in Edison.
- Submits expense claims, travel authorizations and reports/mileage logs according to established guidelines and timeframes.
- Completes and submits by established deadlines all required forms and paperwork to document continuing education requirements as well as understanding and compliance with policy and procedure.
- Complies with all motor vehicle maintenance guidelines and requirements for assigned leased vehicle.
- Maintains electronic and hard-copy files according to department procedures.
- Makes copies of information as needed to maintain documentation and/or to utilize during the examination process.
Judging the Quality of Things, Services or People:
- Identifies and applies regulatory rating standards/definitions (CAMELS) to assign ratings to the institutions’ financial components.
- Judges the oversight being provided by the board and management staff of troubled and satisfactory financial institution.
- Judges the adequacy of troubled and satisfactory financial institutions’ policies to determine compliance with Best Practices.
- Evaluate and provide feedback to the supervisor of examiners’ work product submitted on examinations.
Performing General Physical Activities:
- Lifts and transports equipment (i.e. printers, boxes of records, etc.) to be utilized at the examination site.
- Decision Quality
- Problem Solving
- Timely Decision Making
- Conflict Management
- Standing Alone
- Action Oriented
- Drive for Results
- Presentation Skills
- Written Communications
- Advanced knowledge of financial accounting and economic principles
- Advanced knowledge of financial statements
- Advanced financial mathematic skills
- Knowledge of statistical data analysis
- Knowledge of computer software (Microsoft Word, Excel, Outlook)
- Advanced knowledge of state and federal laws, rules, regulations, statutes, policies, procedures, bulletins and financial institution letters
- Active learning skills and ability to acquire and build on advanced knowledge base
- Possess active listening skills and ability to give full attention to instructions, ask questions, and understand new information
- Demonstrate time management skills and be able to prioritize work for self and others to meet deadlines
- 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
- Demonstrate leadership skills and ability to provide guidance and mentoring to examination team members to complete work by identified deadlines
- Demonstrate critical thinking by using logic and reasoning to identify logical solutions, conclusions, and make recommendations
- Utilize on-the-job training and instruction from examiner schools and apply in the examination process
- Ability to read, comprehend and apply deductive reasoning skills to laws, rules, statutes, policies, and regulations and demonstrate understanding in the examination process
- Ability to communicate effectively with co-workers and bank officials to convey information and present information in a group setting
- Advanced ability to resolve complex problems and issues
- Ability to prepare written reports utilizing correct grammar, spelling, and sentence composition to clearly convey examination results to the readers
- Ability to utilize judgment and decision making skills to choose the most appropriate course of action based on information obtained through the examination process
- Ability to identify correct mathematical methods or formulas in an analysis situation
- Ability to listen and understand information and ideas presented through spoken words and sentences
- Ability to communicate and modify information when speaking to others to ensure understanding
- Ability to read, understand and modify information presented in written form
- Demonstrate finger dexterity to key data
- Ability to lift 40 pounds of equipment/files to transport to the examination site
- Ability to adapt and effectively complete tasks in varying work environments and locations on a day-to-day basis
- Ability to sit and work at a computer and review paperwork for extensive periods of time
Tools and Equipment Used:
- Financial Calculator
- Motor Vehicle