TWDB - Financial Examiner Financial Examiner
Listed on 2026-06-18
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Finance & Banking
Financial Compliance, Financial Analyst, Financial Reporting
Salary:
Monthly USD 3,581.3 to 4,500
Location:
Austin, TX, United States
Posted on:
May 05, 2026
Only applicants who apply with a State of Texas application via the CAPPS online application system will be considered for this position. First‑time applicants will need to create an account in the online application system at the Texas Water Development Board’s opportunities page for more information about the TWDB and answers to frequently asked questions. To view this position in greater detail, visit the CAPPS online application system.
MissionThe Texas Water Development Board’s mission is to lead the state’s efforts in ensuring a secure water future for Texas.
BenefitsTWDB offers a competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, and flexible work alternatives so you can have a work/life balance.
Must meet agency in‑office requirements.
Salary commensurate with experience and qualifications.
General DescriptionPerforms entry‑level financial examination, analysis, and compliance monitoring work. Conducts examinations to determine and report on financial condition and compliance with statutory requirements and financing/lending agreements. Performs financial and compliance review of local entities for which TWDB serves as lender or grantor. May train others. Works under close supervision, with minimal latitude for the use of initiative and independent judgment. Reports to the Director of the Financial Compliance Division.
EssentialJob Functions
- Conducts financial examinations with the assistance of others.
- Conducts financial reviews of entities that have received financial awards from TWDB.
- Evaluates recorded assets, liabilities, surpluses, and capital for compliance with statutes, rules, and regulations.
- Conducts financial compliance and stability reviews of municipalities for which TWDB serves as bondholder, identifying instances of noncompliance and/or default risk.
- Verifies the accuracy of records, work papers, and related financial statements.
- Determines proper documentation and adequate procedures.
- Detects and records variances from policies, procedures and borrowing covenants.
- Assesses findings of noncompliance and default risk.
- Recommends corrective action plans and strategies for remedial intervention and surveillance.
- Prepares worksheets and summaries of financial examinations.
- Conducts reviews of TWDB loan recipients to ensure compliance with loan covenants.
- Reviews borrowers’ ordinances, private placement memorandums, and financial documentation to determine compliance with TWDB requirements.
- Prepares and updates reports produced by TxWISE (TWDB's operating system platform).
- Responsible for timely and accurate data entry associated with all assigned work.
- Ensures individual and team files (electronic and hard versions) are appropriately maintained and timely disposed of in accordance with the agency’s records retention procedures and schedule.
- Maintains required certifications and licenses and meets the continuing education needs and requirements of the position, including attending mandatory training courses.
- May be required to operate a state or personal vehicle for business purposes.
- Performs other duties as assigned.
- Graduation from an accredited four‑year college or university with a bachelor’s degree in Business Administration, Finance, Accounting, Economics, Insurance, or a related field.
- Relevant work experience in financial examinations, accounting, or auditing.
- Relevant education and experience can be substituted for each other on a year‑for‑year basis.
- Graduate degree or MBA from an accredited college or university with a specialization in Accounting, Finance, Public Administration, Public Finance, Computer Science and/or Math.
- One or more years of experience in Accounting, Budget, or Financial Analysis.
- One or more years of experience as a financial examiner.
- Certification in one or more of the following areas:
Accredited Financial Examiner (AFE), Certified Financial Examiner (CFE), Certified Insurance Examiner (CIE), or Certified Public Accountant (CPA). - Knowledge of local, state, and…
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