BANK EXAMINER I

Bank Examiner I

Position Number: 22184528 County: Washington Division: Arkansas State Bank Department Anticipated Starting Salary: $58,700

The mission of the Department of Commerce is to champion economic opportunities through strategic initiatives and an equitable regulatory environment that attracts and grows businesses, safeguards consumers, enhances workforce quality, and energizes our infrastructure, creating a better quality of life for all Arkansans. The Arkansas State Bank Department is a division of the Arkansas Department of Commerce. This Bank Examiner position is responsible for performing on-site examinations of Arkansas state-chartered banks. This position works under immediate supervision and is responsible for evaluating the adequacy of capital and earnings; the quality of assets; the competency of management (including compliance with federal and state laws and Bank Department rules and regulations, and the adequacy of the audit program and internal controls); the adequacy of liquidity and funds management; and the sensitivity to market risk of the institution's balance sheet and activities. The Bank Department's main office is located in Little Rock, AR. Additionally, the Bank Department operates satellite offices in both Springdale, AR, and Jonesboro, AR. This position will be assigned to the Bank Department office located in Springdale, Arkansas. Frequent in-state overnight travel is required.

Position Information Job Series: Financial – Bank Financial Examiners Classification: Bank Examiner I Class Code: FBF02P Pay Grade: SPC01 Salary Range: $58,700 – $86,876

Job Summary The Bank Examiner I is responsible for assisting in the evaluation of financial institutions in an attempt to ensure their compliance with banking laws and regulations. This role involves supporting senior examiners in analyzing financial data, identifying risks, and assessing the overall safety and soundness of banks. The Bank Examiner I contributes to maintaining the integrity of the financial system while gaining the foundational skills needed for career advancement in financial regulation.

Primary Responsibilities

• Assist in conducting examinations of financial institutions under the guidance of senior examiners.
• Review and analyze financial reports, loan portfolios, and operational procedures to identify potential risks or irregularities.
• Evaluate compliance with applicable banking laws, regulations, and policies.
• Document findings and prepare sections of examination reports, summarizing observations and recommendations.
• Participate in meetings with bank managerial personnel to discuss findings and follow-up actions.
• Stay informed about changes in banking regulations and industry trends.
• Attend training programs to develop technical skills and understanding of bank examination procedures.

Knowledge and Skills

• Strong analytical and problem-solving skills.
• Excellent communication and writing abilities for reporting findings.
• Attention to detail and ability to handle sensitive financial data with discretion.
• A willingness to learn and adapt in a fast-paced regulatory environment.

Minimum Qualifications

• A bachelor's degree in accounting, finance, business administration, economics, or a related field. Coursework should include at least 24 semester hours in business-related subjects such as accounting, finance, marketing, economics, mathematics, or statistics, with at least 6 semester hours in accounting.
• Basic knowledge of financial principles and regulatory practices.
• A Certified Public Accountant (CPA) certification or equivalent may substitute for some experience requirements.

The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law.