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State of Tennessee jobs

CREDIT UNION EXAMINER 3 - 04112025 - 66962

State of Tennessee
United States, Tennessee, Jackson
Apr 12, 2025

Job Information

State of Tennessee Job Information
Opening Date/Time 04/11/2025 12:00AM Central Time
Closing Date/Time 04/24/2025 11:59PM Central Time
Salary (Monthly) $5,050.00 - $7,570.00
Salary (Annually) $60,600.00 - $90,840.00
Job Type Full-Time
City, State Location Jackson, TN
Department Financial Institutions

LOCATION OF (1) POSITION(S) TO BE FILLED: DEPARTMENT OF FINANCIAL INSTITUTIONS, CREDIT UNION EXAMINATION WEST COMISSION, MADISON COUNTY

This position requires a criminal background check. Therefore, you may be required to provide information about your criminal history in order to be considered for this position.

Valid motor vehicle license is required.

Fingerprinting is required upon offer of employment.

Qualifications

Education and Experience: Graduation from an accredited college or university with a bachelor's degree in finance, business administration, accounting, or business management with a minimum of nine semester hours of accounting and/or finance. Three years of increasingly responsible full-time professional financial institution examining work with a federal or state agency.
Substitution of Education for Experience: Additional graduate coursework in accounting or finance may be substituted for the required experience on a year for year basis to a maximum of one year.
Substitution of Experience for Education: Professional examining, accounting or auditing of financial records may be substituted for the required education and the accounting and/or finance courses on a year for year basis to a maximum of four years.

Necessary Special Qualifications: Applicants for this class must:

  1. A valid motor vehicle operator's license is required.

Examination Method: Education and Experience,100%, for Preferred Service positions.

Overview

Summary: Under general supervision, is responsible for professional credit union examination work of considerable difficulty; and performs related work as required.
Distinguishing Features: This is the advanced working level in the Credit Union Examiner sub-series. An employee in this class is responsible for conducting examinations of state chartered credit unions. Work involves examining credit union records, financial statements and preparing reports to ensure that credit union operations and financial conditions adhere to the pertinent laws, rules and regulations of the state.

Responsibilities

Processing Information:
  1. Calculates and analyzes the quality of earnings, net worth, liquidity, and asset/liability management to determine the financial viability of credit unions with at least $50 million in total assets.
  2. Serves as the Examiner in Charge of credit unions and completes the examination process in accordance with state law and departmental guidelines.
  3. Reconciles the Allowance for Loan & Lease Losses account, net worth accounts, credit union statements, and other reports as needed.
Identifying Objects, Actions, and Events:
  1. Demonstrates competence in the identification of the 7 areas of risk during the examination process (credit, liquidity, interest rate, strategic, reputation, transaction and compliance).
  2. Identifies potential problems, trends, and levels of financial data and ratios to determine the financial stability of the institution.
Interpreting the Meaning of Information for Others:
  1. Interprets the examination findings of credit unions and conveys this information to the executive management and the Board of Directors, and to other examiners.
  2. Reviews examination comments from team members to ensure report relevancy and condition of the credit union.
Evaluating Information to Determine Compliance with Standards:
  1. Ensures that the credit union is meeting all state and federal regulatory guidelines by reviewing policies, procedures, practices, processes and financial records.
Making Decisions and Solving Problems:
  1. Determines if the credit unions' overall risk management policies and procedures are sufficient to identify and manage risks.
  2. Determines the initial loan ratings to appropriately assess the credit quality of the credit union's loan portfolio.
  3. Determines the CAMEL and risk ratings to appropriately assess the financial condition of the credit union.
  4. Explains and interprets departmental policies and procedures and federal and state laws, rules and regulations governing credit unions to credit union management and the board of directors to ensure an understanding of the examination findings and recommendations.
  5. Interprets regulatory statutes, guidelines, policies and procedures for internal and external credit union members and other interested parties to determine applicability to departmental responsibilities.
Documenting/Recording Information:
  1. Prepares detailed examination narrative reports and supporting financial and statistical documents identifying legal, financial and administrative problems/discrepancies and recommending methods of improvement.
  2. Completes loan analysis reports to accurately support loan classification rating.
  3. Maintains documentation of examination work papers in compliance with department standards.
Monitor Processes, Materials, or Surroundings:
  1. Reviews and examines financial records of credit unions to ensure compliance with accepted accounting principles and practices and adherence to pertinent state laws, rules and regulations.
  2. Verifies assets and liabilities and external or internal audits in order to reconcile the accuracy of the financial reports.
  3. Utilizes the Financial Performance Report (FPR) data to assess the trends and levels of performance of credit unions.
  4. Analyzes test checks and samplings of income and expense accounts and general ledger accounts maintained during the period of examination in order to determine statutory compliance and the use of sound accounting and credit union practices.
Analyzing Data or Information:
  1. Examines and analyzes sensitivity to market risk focus elements to determine the effects of interest rate volatility and net worth based on the ALM structure of the credit union.
  2. Serves as analyst to review progress reports, credit union examination reports and other projects as assigned by the central office to assist in the regulation of credit unions.
  3. Reviews and analyzes loans of credit unions to determine credit quality and potential risk of loss to net worth.
  4. Examines and analyzes the use of complex financial investments within the investment portfolio.
  5. Analyzes and verifies call report data which consists of line items related to the balance sheet and income statement data of credit unions to ensure that they are reporting financial data to the regulatory agencies correctly.
  6. Examines and analyzes the investment portfolio of credit unions to determine its credit quality, potential contribution to earnings and ability to provide liquidity to the institution.
  7. Conducts Bank Secrecy Act (BSA) examinations of credit unions to determine compliance with statutory mandates.
  8. Analyzes and determines the adequacy and appropriateness of credit unions' ALLL.
  9. Examines and analyzes the earnings of credit unions to determine their ability to fund operations, provide net worth augmentation and to properly fund the ALLL.
  10. Examines and analyzes the net worth position of credit unions to determine the financial viability of the institution and the level of risk protection provided by the credit union's net worth capital.
  11. Examines and analyzes the cash flow and liquidity position of credit unions in order to determine if the institution can manage its liquidity needs.
  12. Assists on the investigation of complaints made against the credit union to seek adequate resolution.
Getting Information:
  1. Obtains the credit unions' interest rate measurement model to determine the effects of interest rate changes on the earnings and net worth position based on the asset and liability structure of the institution.
  2. Obtains the credit unions' income statement to determine the profitability, ability to fund operations, to appropriately fund the ALLL and provide net worth augmentation.
  3. Obtains the credit unions' general ledger in order to reconcile income, expense and balance sheet accounts.
  4. Obtains budgetary information to ensure that budgetary assumptions are adequate and achievable.
  5. Obtains a copy of the credit unions' quarter end balance sheet and income statement to check the accuracy of the reported condition and income (call report).
  6. Obtains a list of the credit unions' investment portfolio to analyze the credit quality, income capacity and liquidity of the portfolio.
  7. Obtains all credit unions' policies and procedures to ensure that they conform to regulatory standards and management's compliance with internal policies.
  8. Obtains the credit unions' liquidity monitoring model to determine if the institution can manage its daily cash flow needs.
  9. Reads prior Reports of Examination to determine if previous recommendations have been implemented and/or issues addressed/corrected.
Judging the Qualities of Things, Services, or People:
  1. Identifies and applies regulatory rating standards/definitions, CAMEL and Strategic Risk, to assign ratings.
  2. Judges the oversight being provided by the board and management staff.
  3. Judges the adequacy of credit unions' policies to determine compliance with industry standards.
Updating and Using Relevant Knowledge:
  1. Maintains up-to-date understanding of regulatory processes, statutes, policies, procedures, regulations and industry knowledge to effectively regulate the institutions and to serve as an information resource to internal and external customers.
  2. Participates in required schools, including NCUA Levels 2, 3, 4 & 5, and continuing education expectations, to learn all facets of the examination process in order to perform credit union examinations.
Organizing, Planning, and Prioritizing Work:
  1. Completes preplan assessment of credit unions scheduled for examination.
  2. Manages and prioritizes multiple work assignments to meet established deadlines.
  3. Organizes, plans and oversees multiple meetings with management/directorate and other third parties.
Coaching and Developing Others:
  1. Provides positive coaching and development opportunities for subordinate examination staff.
Training and Teaching Others:
  1. Provides positive training opportunities for subordinate examination staff to ensure their continued development of examination practices and procedures.
Communicating with Persons Outside Organization:
  1. Establishes and maintains a variety of professional contacts with credit union executives, federal counterparts and other personnel, accountants and lawyers to maintain up-to-date knowledge of the institutions we regulate.
Establishing and Maintaining Interpersonal Relationships:
  1. Works collectively and harmoniously with peer examiners, supervisors and other department staff to ensure regulatory responsibilities are completed in compliance with policy, procedure, statutes and rules.
  2. Works collectively with federal insurance personnel and other industry entities to ensure a balanced and consistent approach to oversight.
  3. Maintains appropriate communication with co-workers, internal/external auditors, and credit union management during the examination process.
Communicating with Supervisors, Peers, or Subordinates:
  1. Asks questions and seeks clarification from supervisor, examiner-in-charge and other examiners regarding assigned tasks, policies, responsibilities and procedures to ensure understanding.
  2. Provides verbal and/or written updates to the division manager, supervisor and/or examiner-in-charge pertaining to assigned examination tasks.
  3. Communicates via e-mail and verbally with supervisors, co-workers, departmental associates in order to suggest solutions or resolve problems uncovered in examinations.
Interacting with Computers:
  1. Inputs and extracts data utilizing assigned computer programs to facilitate the execution of assigned tasks.
  2. Sets up computers and printers at the examination site.
  3. Utilizes identified software programs to analyze data and prepare report comments.
  4. Retrieves information from appropriate websites for use during examinations.
Performing General Physical Activities:
  1. Lifts and transports equipment (i.e. printers, boxes of records, etc.) to be utilized at the examination site.
Performing Administrative Activities:
  1. Submits accurate and complete timesheets in accordance with established deadlines in Edison.
  2. Submits expense claims, travel authorizations and reports/mileage logs according to established guidelines and timeframes.
  3. Completes and submits by established deadlines all required forms and paperwork to document continuing education requirements.
  4. Complies with all motor vehicle maintenance guidelines and requirements for assigned leased vehicle.
  5. Maintains electronic and hard-copy files according to department procedures.
  6. Makes copies of information as needed to maintain documentation and/or to utilize during the examination process.
Operating Vehicles, Mechanized Devices or Equipment:
  1. Travels to assigned examination sites including the potential for overnight travel to conduct examinations.
  2. Travels out-of-state to participate in required schools to complete examination training.

Competencies (KSA's)

Competencies:
  1. Functional/Technical Competency
  2. Learning on the Fly
  3. Technical Learning
  4. Time Management
  5. Action Oriented
  6. Comfort around Higher Management
  7. Written Communications
  8. Approachability
  9. Boss Relationships
  10. Ethics and Values
  11. Integrity and Trust
  12. Self-Development

Knowledge:

  1. Intermediate knowledge of accounting and economic principles
  2. Intermediate knowledge of financial statements
  3. General knowledge of statistics
  4. Knowledge of computer software (Microsoft Word, Excel, Outlook)

Skills:

  1. Intermediate mathematic skills
  2. Active learning skills
  3. Possess active listening skills
  4. Demonstrates critical thinking skills by using logic and reasoning to identify logical solutions, conclusions, and make recommendations
  5. Utilize math skills to add, subtract, multiply and divide
  6. Demonstrate good time management skills and be able to prioritize work to meet deadlines
  7. Demonstrate deductive reasoning skills to apply knowledge of statutes, laws, policies, procedures, and regulations to identify problems or issues to produce resolution
  8. Demonstrate interpersonal skills and ability to work as part of a team
  9. Demonstrate critical thinking skills by using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
  10. Demonstrate complex problem solving skills to identify issues and review related information to develop and evaluate options and implement solutions
  11. Demonstrate systems evaluation skills to identify measures or indicators of system performance and the actions needed to improve or correct performance, relative to goals of the system

Abilities:

  1. Ability to read and comprehend laws, rules, statutes, policies, and regulations, and to demonstrate understanding in the examination process
  2. Ability to communicate effectively with co-workers and credit union officials to convey information and present information in a group setting
  3. Ability to prepare written reports utilizing correct grammar, spelling, and sentence composition to clearly convey examination results to the readers
  4. Ability to identify appropriate mathematical methods or formulas in an analysis situation
  5. Ability to listen and understand information and ideas communicated through oral interaction
  6. Ability to communicate information when speaking to others to ensure understanding
  7. Ability to read and understand information in written form and provide an interpretation to others so they can understand the message presented
  8. Demonstrate sufficient finger dexterity to key data
  9. Ability to lift 30 pounds of equipment/files to transport to the examination site
  10. Be self-motivated and unsupervised in the completion of work by identified deadlines
  11. Ability to adapt and effectively complete tasks in varying work environments and locations on a day-to-day basis
  12. Ability to sit and work at a computer and review paperwork for extensive periods of time
  13. Demonstrate the ability to negotiate and persuade credit union management and/or federal counterparts
  14. Utilize on-the-job training and specialized instruction from examiner schools and apply this knowledge in the examination process
  15. Demonstrate selective attention ability to concentrate on a task over a period of time without being distracted
  16. Ability to acquire and build on knowledge base
  17. Ability to give full attention to instructions, ask questions, and understand new information

Tools & Equipment

  1. Motor Vehicle
  2. Copier
  3. Printer
  4. Personal Computer
  5. Fax Machine
  6. Telephone
  7. Financial Calculator
  8. Scanner

TN Driver Standards

State of Tennessee positions that may involve driving responsibilities require candidates to meet the following minimum driver qualifications:

  • A valid driver's license
  • For the past five years, the candidate's driver record must not have record of the following violations: driving under the influence (DUI), reckless driving, license suspension for moving violations, more than 4 moving violations.

Please include your Driver's License Information under the Licenses and Certifications section of your application.

**Agencies may allow an exception based on other factors.

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