Risk Management Examiner I

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

The selected candidate will participate in Risk Management Examinations of Massachusetts State-Chartered banks, reviewing financial records, meeting with bank staff, and contributing to the examination report. This position offers meaningful public service experience and contributes to ensuring the Massachusetts financial services landscape is in a sound financial condition.

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

We encourage individuals who believe they have the skills necessary to thrive to apply for this role, even if you don’t meet 100% of the job qualifications.

• 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).

The filling of this position is subject to appropriation and obtainment of all necessary approvals from the Office of Consumer Affairs and Business Regulation and the Executive Office for Administration and Finance. The Division reserves the right not to fill this position without notice. This position will report directly to a Regional Field Manager within the examination unit.

How to Apply

Apply here: Job Description - Risk Management Examiner I (Bank Supervision) (260004K4)