Job Class Search
Job Details
ACOM BANK CHIEF EXAMINER
The Bank Chief Examiner is responsible for administration of the Examination and Supervision Division of the State Bank Department and the overall supervisory and regulatory activities pertaining to state chartered banks, trust companies, and bank holding companies. This position is governed by Generally Accepted Accounting Principles (GAAP), state and federal laws, and agency policy.
Class Code:
A018C
Job Grade:
GS14
Special Job Requirements:
Frequent in and out-of-state travel is required.
Typical Functions:
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.
Reviews and evaluates bank examination report analyses submitted by examination teams. Discusses problems and deficiencies with the appropriate subordinates.
Develops, administers, and allocates annual budget for the division, communicates verbally and in writing with bank management and board of directors concerning examination re Develops, administers, and allocates annual budget for the division 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.
Institutes 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.
Performs other duties as assigned.
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 operation of personal computers and the functions of the software used.
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 bachelor’s degree in business administration, public administration, accounting or a related field; plus eight years of progressively more responsible experience in the banking industry, four years of which must have involved regulation of the banking industry, including four years in a professional managerial or supervisory capacity.
Required Certificates:
Must possess a valid Arkansas driver’s license.
Exempt:
E
