Financial Institution Examiner

Job Description

The Department of Insurance and Financial Services (DIFS) is seeking an individual to work in public service as a Financial Institution Examiner in the Office of Credit Unions. This position provides an opportunity to build a fulfilling lifestyle and career doing work that truly matters—helping protect consumers and maintaining public confidence in Michigan’s financial services industry.

The right candidate will serve an important role in Michigan’s financial services sector by ensuring that credit unions provide their members with safe, sound, and reliable financial services. As a credit union examiner, you will work in teams and be responsible for monitoring and examining the condition of state‑chartered credit unions in Michigan. You will assess seven risk areas: credit; interest rate;

liquidity; transactional/operational; compliance/legal; strategic; and reputation. Periodic in‑depth reviews cover consumer compliance protection and information technology. Examiners regularly meet with management teams, boards of directors, and other industry professionals to provide guidance, evaluate compliance with state and federal regulations, answer questions, and encourage sound credit union business practices. Examiners frequently draft work summaries, examination reports, and varied correspondence.

• The drive to serve the people of the State of Michigan and make a difference in an important financial sector that supports the financial needs of individuals and businesses.
• The ability to thrive in a dynamic, collaborative, and high‑tech environment while demonstrating sound professional judgement and decision‑making.
• A curious and analytical mind capable of analyzing financial performance, identifying and assessing risks, developing solutions, and supporting conclusions.
• The ability to communicate clearly, concisely, and effectively both orally and in written form.
• The desire to work closely with colleagues and senior leaders to solve problems.
• The ability to work well both independently and within a team.
• The desire to travel to diverse work locations for examinations, training opportunities, and conferences.

• Participation in webinars, conference calls, and employee development training. A comprehensive training program will be tailored to supplement your prior experience to ensure an opportunity to succeed.
• DIFS is looking for a team member who has an interest in helping others, who wants to learn and grow personally and professionally, and who wants to enjoy all the exciting things life in Michigan has to offer. The State of Michigan has been recognized as a leading U.S. employer by new graduates from 2021–2023 and as a best large U.S. and state employer.
• This position provides competitive pay, retirement, health, vision, and dental benefits.

This is a flexible/hybrid position primarily located in Southeast Michigan. In‑state travel, including overnight, and some out‑of‑state travel for training are required. You will perform portions of examinations at credit unions and complete assignments at your official workstation (i.e., home). This position is responsible for examinations in Southeast Michigan and additional examinations at credit unions located throughout the state as assigned.

Work must be performed in the state of Michigan. If you currently reside outside of Michigan, you must relocate to Michigan to perform the duties of this position. Relocation expenses are not reimbursed.

• Education
  Possession of a bachelor’s degree with a business major including completion of a business core curriculum consisting of one course each in finance, law, and management, one course in either marketing or economics, and 6 semester (9 term) credits in accounting.
• Experience
• Financial Institution Examiner 9
  No specific type or amount is required.
• Financial Institution Examiner 10
  One year of professional experience evaluating and determining safe and sound operating practices through examinations, visitations or investigations of state‑chartered depository or state‑licensed non‑depository financial institutions or…