Bank Examiner

Job Description

The Iowa Division of Banking is seeking candidates for at least one Financial Services (Bank) Examiner position who will conduct safety and soundness examinations of state-charted banks. One position will be assigned to the Division's Region 1 (SE Iowa), with a strong preference for candidates willing to live in Region 1. Other positions (if filled) may be flexible as to location for the right candidate. Travel is required.

The IDOB strives to be an employer of choice by supporting work-life balance and providing the training and development necessary to maintain high standards. We employ a collaborative management style and seek open communication with staff and between the IDOB and the entities we regulate. In addition, the Division is committed to utilizing technology to promote examination efficiencies and facilitate teleworking on a hybrid basis. Applicants need to be team oriented with strong analytical and communication skills.

The Iowa Division of Banking is a state agency charged with the supervision and regulation of state-chartered commercial banks in Iowa. The bank examiner position provides a great opportunity for an individual to participate in bank examinations designed to assess a financial institution’s overall financial condition and compliance with laws and regulations. The Iowa Division of Banking is committed to providing its employees with internal and external training opportunities to stay abreast of changes in regulations and the current challenges facing the banking industry.

Qualifications Required:

• A degree from an accredited four-year college or university with a major field of study in accounting, banking, business administration, commercial or banking law, economics, finance, business education, or another business-related field; or at least two years of experience in auditing, accounting, banking, examining financial institutions or in an occupation which provides knowledge of accounting or auditing principles and practices.
• A cumulative grade point average (GPA) of 3.0 or higher
• Minimum of 6 hours of accounting
• A valid driver’s license (travel required)

The successful candidate(s) will conduct and direct examinations of state-chartered banks, their holding companies, subsidiaries, and affiliates. When not supervising/directing the examination, the employee assists in the examination of an institution and may be assigned the responsibility for supervising/directing the evaluation of a segment of the examination. Work assignments are performed under the direction and review of the Regional Manager, their designee, a designated examiner-in-charge (regardless of grade level), or the central office. Work products submitted will be technically correct and require no significant changes.

Minimum requirements for the position, including competencies required, are outlined in the DAS job classification description for Financial Services Examiner, which can be found at:  Job Class Description - 00406 (iowa.gov)

Region 1 includes the following counties: Dubuque, Jones, Jackson, Cedar, Clinton, Scott, Iowa, Johnson, Muscatine, Keokuk, Washington, Louisa, Wapello, Jefferson, Henry, Des Moines, Davis, Van Buren, and Lee. Candidates willing to live in Region 1 are strongly preferred for the Region 1 position.

Salary commensurate with experience within State of Iowa pay grade 39(-06) (which currently begins at $70,824). The State of Iowa offers a competitive benefits package.

How To Apply

If you wish to apply for this position, please send a cover letter, rèsumè, completed application form, and transcript to IDOBJobs@iowa.gov by 4:30 p.m., October 2, 2024. Please include the words “Bank Examiner Position” in the email subject line.

The Division reserves the right to accept applications after October 2, 2024, if the positions have not been filled, but candidates should submit their application materials before the deadline to ensure their applications are considered.