Department of Professional & Financial Regulation - Bureau of Financial Institutions

Opening Date: November 14, 2022

Closing Date: December 5, 2022

Job Class Code: 0423
Grade: 20 (Professional/Technical)
Salary: $39,395 - $52,894
Location: Gardiner

If you are looking to begin your State of Maine career by conducting technical examinations of financial institutions and credit unions, this entry-level position is for you. As a Bank Examiner, you will primarily aid an upper-level examiner and may progress to working as an examiner in charge as skills and knowledge develop. Access to reliable transportation is a must as the Bureau of Financial Institutions’ jurisdiction is located state-wide and, in some cases, out of state. Overnight travel averages 15%-20% of an examiner’s work year and is required for this position depending upon assignments and location of residence. Work is performed under general supervision.

Primary responsibilities include:

• Evaluates the securities portfolios of financial institutions to determine the quality and market value.
• Examines, correlates, and adjusts asset, liability, and capital numbers from financial institution records to assure their correctness and to place them in a uniform format.
• Analyzes earnings and dividends from reports to determine the accuracy and to prepare necessary schedules.
• Evaluates deposits, deposit trends, and other liabilities to determine and prepare required schedules.
• Evaluates installment, real estate, and commercial loans to determine the value as a book asset and prepare required schedules.
• Reviews examination results with financial institution management to inform management of findings and to determine unsafe and unsound banking practices and necessary corrective action.
• Analyzes the asset/liability management practices of financial institutions.
• Evaluates the quality of a financial institution’s audit program.
• Evaluates the effectiveness of internal controls.
• Determines compliance with laws and regulations.

Minimum qualifications:

A Bachelors Degree in Accounting, Finance, Economics, Business Administration, or related Bachelors Degree with coursework in these areas -OR- an equivalent amount of experience in accounting, auditing, economics, business administration, or banking. If work experience is used in lieu of education, it must be at the professional level in the areas indicated.

Preference will be given to those applicants:

• Knowledge of accounting and auditing principles, practices, and procedures.
• Ability to analyze management practices, accounting data, loan and investment portfolio data, and other information necessary to conduct an examination.
• Ability to develop and make recommendations to correct deficiencies noted.
• Ability to communicate effectively orally and in writing.

Contact information:

Questions about this position should be directed to Superintendent Lloyd P. LaFountain III at lloyd.P.LaFountain.III@maine.gov or (207) 624-8570

Application Instructions:

Interested applicants need to apply online by selecting the "Apply for this opening" button along with uploading a cover letter, current resume, and copies of any transcripts or certifications you wish to have considered while evaluating your application. In order for us to properly determine if you meet the minimum qualifications for any posting, you must be sure your resume includes month and year for any experience listed along with the duties and responsibilities associated with each particular time period. Any experience that was not full-time employment should be identified as such.

If you require a paper application, please download and print one here https://www.maine.gov/bhr/state-jobs/application-process or contact our office at 207-623-6700. Paper applications for this posting should be submitted along with cover letter and resume before the closing date to Security & Employment Service Center, 45 Commerce Drive, Augusta, ME 04330 or faxed to 207-287-2018. Be sure title of the job you are applying for is included. Applications cannot be accepted after the posting closing date.

Benefits of working for the State of Maine:

No matter where you work across Maine state government, you find employees who embody our state motto—"Dirigo" or "I lead"—as they provide essential services to Mainers every day. We believe in supporting our workforce's health and wellbeing with a valuable total compensation package, including:

• Work-Life Balance – Rest is essential. Take time for yourself using 13 paid holidays, 12 days of sick leave, and 3+ weeks of vacation leave annually. Vacation leave accrual increases with years of service, and overtime-exempt employees receive personal leave.
• Health Insurance Coverage – The State of Maine pays 85%-100% of employee-only premiums ($10,150.80-$11,942.16 annual value), depending on salary. Use this chart to find the premium costs for you and your family, including the percentage of dependent coverage paid by the State.
• Health Insurance Premium Credit – Participation decreases employee-only premiums by 5%. Visit the Office of Employee Health and Wellness for more information about program requirements.
• Dental Insurance – The State of Maine pays 100% of employee-only dental premiums ($350.40 annual value).
• Retirement Plan – The State of Maine contributes 13.16% of pay to the Maine Public Employees Retirement System (MainePERS), on behalf of the employee.
• Gym Membership Reimbursement – Improve overall health with regular exercise and receive up to $40 per month to offset this expense.
• Health and Dependent Care Flexible Spending Accounts – Set aside money pre-tax to help pay for out-of-pocket health care expenses and/or daycare expenses.
• Public Service Student Loan Forgiveness – The State of Maine is a qualified employer for this federal program. For more information, visit the Federal Student Aid office.
• Living Resources Program – Navigate challenging work and life situations with our employee assistance program.
• Parental leave is one of the most important benefits for any working parent. All employees who are welcoming a child—including fathers and adoptive parents—receive four weeks of fully paid parental leave. Additional, unpaid leave may also be available, under the Family and Medical Leave Act.
• Voluntary Deferred Compensation – Save additional pre-tax funds for retirement in a MaineSaves 457(b) account through payroll deductions.
• Learn about additional wellness benefits for State employees from the Office of Employee Health and Wellness.

Maine State Government is an Equal Opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We provide reasonable accommodations to qualified individuals with disabilities upon request.