Risk Management Examiner I

The Division of Banks is currently accepting applications for the Risk Management Examiner I position in the Depository Institution Supervision – Credit Union Risk Management Examinations Unit. This role will be conducting financial safety and soundness examinations in Massachusetts state-chartered credit unions.

Responsibilities

• Assist in the analysis of financial institutions by analyzing financial documents and reports; reviewing policies and procedures; performing data analysis to determine solvency; and assessing proper safeguards and internal controls, and conformance with generally accepted accounting principles and compliance with applicable laws, rules and regulations.
• Analyze quarterly financial condition (call) reports, balance sheets and income statements; determine the impact of an institution’s loan and investment portfolios on its financial condition; identify asset and funding concentrations in accordance with regulatory guidance; and calculate ratios pertinent to an institution’s financial soundness for various rating system components.
• Assist in the preparation of sections of the Examination Report and detailed work papers in an accurate and timely manner. Confer with other state and federal agencies and audit/consulting firms as part of the examination process.
• Communicate examination findings with internal and external leadership/stakeholders, both orally and written. Participate in formal and on-the-job training.

Requirements/Skills Needed

• Experience in commercial banking or credit unions; accounting, auditing or consulting in the financial services industries.
• Familiarity with BSA/AML, trust, or information technology.
• Willing and able to travel throughout Massachusetts and travel out-of-state with some overnight stay (dependable way to travel to multiple sites around Massachusetts is required; driver’s license and access to a vehicle are recommended).

How to Apply

To apply for this position, please apply here.