Compliance Examiner 1-4

OFFICE LOCATIONS

Office of Financial Institutions will fill vacancies in Baton Rouge, New Orleans, Lafayette, Alexandria, Shreveport, and Monroe.

MINIMUM QUALIFICATIONS

Three years of experience in accounting, auditing, banking, compliance management, financial operations, or insurance; OR Six years of full-time experience in any field plus nine semester hours in accounting and an additional fifteen semester hours in accounting, economics, finance, business law, insurance, statistics, financial analysis, or money and banking; OR A bachelor’s degree with nine semester hours in accounting and an additional fifteen semester hours in accounting, economics, finance, business law, insurance, statistics, financial analysis, or money and banking; OR A bachelor’s degree in accounting, auditing, finance, business administration, management, economics, or statistics; OR An advanced degree in accounting, auditing, finance, business or public administration, management, economics, quantitative methods, or statistics; OR A Certified Public Accountant (CPA) license, Certified Financial Examiner (CFE), Certified Fraud Examiner (CFE), or Certified Internal Auditor (CIA) designation. EXPERIENCE SUBSTITUTION: Every 30 semester hours earned from an accredited college or university will be credited as one year of experience towards the six years of full-time work experience in any field. The maximum substitution allowed is 120 semester hours which substitutes for a maximum of four years of experience in any field.

FUNCTION OF WORK

Examines the accounting systems and financial status of financial service providers or insurance companies to ensure financial solvency and fair consumer practices.

LEVEL OF WORK

Entry.

SUPERVISION RECEIVED

Direct from a Compliance Examiner Assistant Manager, Compliance Examiner Manager, or other higher-level supervisor.

SUPERVISION EXERCIZED

None.

LOCATION OF WORK

Work primarily used by the Department of Insurance and Office of Financial Institutions (OFI).

JOB DISTINCTIONS

Differs from Compliance Examiner 2 by the absence of responsibility for performing the full range of examination functions.

COMMON DUTIES

Conduct field examinations of financial service providers and insurance companies such as banks, residential mortgage lenders, pawnshops, credit unions, and HMOs to determine compliance with state and federal laws, policies, rules, and regulations. Examine records of assets such as cash and accounts due from institutions, investments, loans, real estate, and equipment to verify accuracy and composition of data provided in financial statements. Examine records of liabilities such as deposit accounts, savings accounts, certificates of deposit, taxes, debts, loans, other borrowed money, and accrued expenses; review records of stockholder's equity such as common stock, preferred stock, capital surplus, retained earnings, and subordinated debt to determine accuracy of and composition of data in financial statements. Prepare reporting schedules on numerous detailed tasks areas, including concentrations of assets in a particular area, rate sensitivity analysis, liquidity and funds management, and premises and equipment. Attend meetings and conferences with top-level management of firms to obtain information, resolve discrepancies, and report findings. On a rotating basis, serve as an assistant-in-charge for examinations of lesser complexity. Attend and successfully complete beginning Compliance examiner school. #J-18808-Ljbffr GOV-Office of Financial Institutions