What are the responsibilities and job description for the Certified Financial Examiner position at NJ Department of Banking and Insurance?
Under the general supervision of a supervisory official in the Department of Banking and Insurance, independently performs more complex tasks and may take the lead and/or oversee bank or insurance examiners conducting examinations of state charter banks, regulated consumer finance entities, or domestic insurers, examining regulatory compliance, fiscal and operational soundness, regulating rates and rating plans classification; oversees the review and evaluation of documents and other reports and statements prepared on both a statutory accounting and GAAP basis; does other related duties as required.
Preferred candidate should have Safety And Soundness regulatory examination experience. Specific experience in the following areas preferred:
• Reviewing of Reports of Examinations
• Reviewing of CAMELS components
• Evaluating financial condition as a follow-up to examination findings
• Proficiency in writing and communication skills
• Ability to review examination work papers for completeness and accuracy
REQUIREMENTS
Nine (9) years of professional experience in work involving accounting and auditing of the accounts and records or EDP systems of banks, consumer finance entitles, or insurance companies, including or supplemented by twenty-one (21) semester hour credits in accounting, statistics, finance, economics, banking, and/or insurance.
OR Possession of a bachelor's degree from an accredited college or university, including or supplemented by twenty-one (21) semester hour credits in accounting, statistics, finance, economics, banking, and/or insurance; and five (5) years of the above-mentioned professional experience.
Appointees must possess a Certified Financial Examiner designation by the Society of Financial Examiners, a Commissioned Bank Examiner designation by the Federal Deposit Insurance Corporation (FDIC), or a Certified Examiner-In-Charge or Certified Examinations Manager designation by the Conference of State Bank Supervisors.
Interested in joining our team? To be considered for employment, please send the following documents to Recruitment_hiring@dobi.nj.gov:
- Your resume and cover letter
- Relevant certifications
- Transcripts
We look forward to hearing from you!
Salary : $120,000 - $125,000