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ACOM ASST DEPUTY BANK COMMISSIONER

The Assistant Deputy Bank Commissioner is responsible for overseeing all examination, supervision, and regulatory activities relating to banks, trust companies, and data processing centers

Class Code:

A005N

Job Grade:

GS15

Special Job Requirements:

Requires extended overnight travel on a frequent basis. Attendance is mandatory at senior and management schools conducted by the Education Foundation of State Bank Supervisors and other regulatory agencies at various locations across the country.

Typical Functions:

Reports to and regularly communicates with the Commissioner and Deputy Commissioners regarding the condition of regulated institutions and matters relating to the activities of assigned examination groups. Plans and directs the activities of the Examination and Supervision Division by establishing goals and objectives and long and short-range plans, investigating and resolving complaints, reviewing and evaluating program and policy effectiveness, implementing and monitoring corrective action, and interpreting and implementing state and federal laws and regulations. Supervises on and off-site monitoring of the financial condition of institutions to ensure adherence to federal and state laws and regulations governing bank activities; and, stays in contact and up-to-date with FDIC and Federal Reserve Bank regarding scheduling, joint examinations, and enforcement actions. Reviews and evaluates bank examination report analyses submitted by examination teams; discusses problems and deficiencies with the appropriate subordinates. Communicates verbally and in writing with bank management and board of directors concerning examination results and remedial actions required. Interprets and/or formulates state and federal laws, policies, and directives applicable to state bank examinations; advises state chartered banks, trust companies, and bank holding companies regarding existing/projected management policies and procedures and strategic planning concepts. Develops and revises policies, procedures, and administrative directives affecting bank examination procedures and bank operational procedures. Develops formal and informal enforcement actions of state chartered banks, trust companies, and bank holding companies, including cease and desist orders, memoranda of understanding, and board resolutions to effect corrective plans of action.

Knowledge, Abilities, and Skills:

Knowledge of the principles of finance and banking. Knowledge of the laws, rules, and regulations governing banking practices. Knowledge of the organization, management structure, and operations of banks. Knowledge of the principles and practices of personnel and material resource management. Ability to plan, direct, coordinate, and control the operations of several functions, programs, or operations. Ability to interpret and apply laws, rules, and regulations as they pertain to the banking industry. Ability to estimate cost, time, manpower, equipment, and materials. Ability to determine the propriety or accuracy of past actions by reviewing current records. Ability to assess the potential impact of proposals. Ability to communicate specialized technical information both orally and in written form.

Minimum Qualifications:

The formal education equivalent of a master’s degree in accounting, finance, economics, business administration, public administration or a related field; plus seven years of progressively more responsible experience in banking operations or bank examination, including three years in a professional managerial capacity.

Required Certificates:

Must possess a valid Arkansas driver’s license.

Exempt:

E
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