State of Washington · 4 days ago
Financial Examiner 2-4
Walla Walla, WA
Full-time
Hybrid
Mid Level
3+ years expThe Washington State Department of Financial Institutions (DFI) is focused on protecting consumers and advancing financial health through fair regulation. The Financial Examiner position involves reviewing licensing applications, analyzing financial data, and ensuring compliance with financial regulations to support consumer protection laws.
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Responsibilities
Perform professional level review of complex investment adviser and investment adviser representative applications
Analyze financial statements, applying capital requirements and other financial ratios to determine compliance with minimum financial requirements
Review application and related disclosure materials, correspondence, and disciplinary history or current complaints and proceedings against the applicant
Interpret, apply and negotiate compliance with applicable statutes, rules and policies
Write comment letters describing substantive and disclosure issues, and discusses alternatives for compliance with the applicant, which may include meetings or conferences with the applicant or representatives
Coordinate and communicate review status and issues with supervisor, other staff, and other state and federal regulatory agencies, if applicable
Make decisions and/or recommendations regarding grant of licenses
Consider and makes recommendations on waiver requests
Negotiate special license conditions or terms, as required, with the licensee or counsel in response to legal or regulatory issues
Qualification
Required
12 semester or 20 quarter hours of any combination of finance, economics or accounting college coursework
Three years of professional experience in one of the following: auditing; analyzing or examining regulated entities; working for a regulated entity in advanced positions in the areas of lending, operations, analysis of loan or securities portfolios, auditing, reinsurance, investments, information system reviews, or any combination of these
Preferred
A Bachelor's degree with major study in finance, business administration, economics, or accounting
A Master's degree in a qualifying field of graduation from a specialized banking school gained through an accredited college or university (i.e., Pacific Coast Banking School or equivalent)
Certified Examiner from a national regulatory association
Certified Anti-Money Laundering Specialist
Certification as a Certified Financial Examiner from the Society of Financial Examiners
Washington State qualification as a Certified Public Accountant may substitute for one year of the required experience in financial institutions, financial service companies or issuers
Benefits
Medical, dental, retirement, and generous paid vacation, sick leave, and holidays.
Healthy work-life balance.
Commitment to diversity, equity, and inclusion where every person is recognized and valued.
Telecommuting up to three days per week and flexible work hours.
Professional development and continuing education opportunities, including DFI’s in-house CLE program and other training that ensures employees are successful.
You may be eligible for Public Service Loan Forgiveness.
Employees and their families are covered by medical (including vision), dental and basic life insurance.
Staff are eligible to enroll each year in a medical flexible spending account which enables them to use tax-deferred dollars toward their health care expenses.
Employees are also covered by basic life and long-term disability insurance, with the option to purchase additional coverage amounts.
Dependent care assistance allows the employee to save pre-tax dollars for a child or elder care expenses.
Other insurance coverage for auto, boat, home, and renter insurance is available through payroll deduction.
The Washington State Employee Assistance Program promotes the health and well-being of employees.
State Employees are members of the Washington Public Employees' Retirement System (PERS).
Employees also have the ability to participate in the Deferred Compensation Program (DCP).
All state employees are covered by the federal Social Security and Medicare systems.
Full-time and part-time employees are entitled to paid holidays and one paid personal holiday per calendar year.
Full-time employees earn eight hours of sick leave per month.
Full-time employees accrue vacation leave at the rates specified in WAC 357-31-165(1) or the applicable collective bargaining agreement (CBA).
Washington State supports members of the armed forces with 21 days paid military leave per year.
Most employees whose family member or household member dies, or for loss of pregnancy, are entitled to five (5) days of paid bereavement leave.
Company
State of Washington
Washington state public employees help to create a working Washington built on education and innovation, where all Washingtonians thrive.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Matt Manweller
State Representative
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