Consumer Compliance Examiner

Location
Minneapolis, Minnesota
Salary
Depends on Location
Posted
Jan 06, 2025
Closes
Feb 05, 2025
Specialty
Banking Operations
Type
Full Time

Assistant and Associate Examiner Responsibilities

  • Assist in examinations and supervisory events of supervised institutions, focusing on the assessment of compliance risk and the adequacy of risk management systems and operational controls.

  • Complete reviews under the supervision of a more experienced examiner, until sufficient experience gained to work without supervision.

  • Draft, organize, and verify workpapers and related documents with guidance of more experienced examiners, until sufficient experience gained to work without supervision.

  • Assist in analyzing supervised institution's performance in complying with consumer compliance laws, regulations, and regulatory policies. 

  • Communicate, describe, support, and discuss supervisory events’ findings with management.

  • Respond to frequently changing regulatory requirements and industry issues with agility and adaptability.

  • Complete Federal Reserve System schools and training modules to progress to commissioned examiner status.  

  • Safeguard equipment, sensitive data, and other information resources according to the SRC Information Security and Data Handling Handbook.

 

Associate Examiner, Additional Responsibilities

  • Lead and manage supervisory events of small, noncomplex supervised institutions, including determining scope, rating, resource needs, and work assignments of the examination team, under the supervision of a more experienced examiner. 

  • Analyze supervised institution's performance in complying with consumer compliance laws, regulations, and regulatory policies and evaluate how effectively the institution manages its compliance risks.    

  • Assess the bank’s performance in meeting community credit needs under the CRA.

 

Examiner, Additional Responsibilities

  • Lead and manage consumer compliance and CRA supervisory events of more complicated and larger supervised institutions and communicate more complex examination findings.

  • Act as institution contact for a limited portfolio of small- to medium-sized, relatively non-complex institutions or serve as a subject matter expert in a key functional area.

  • Seek out and participate in opportunities to enhance skills, including assisting with Federal Reserve System or Reserve Bank special projects.

  • Provide training, work direction, and feedback to assisting examiners when acting as examiner-in-charge.