Financial Institution Examiner

Job
Agency:
Department of Labor & Regulation - Division of Banking

Location:

Sioux Falls or Pierre, SD
Salary: $27.86 - $29.25/hr, depending on qualifications
Pay Grade: Z
Closing Date:
Open Until Filled

The South Dakota Division of Banking regulates the state’s banking, trust, and financial services industries to assure that our citizens have confidence in our state’s financial markets and services. We are seeking inquisitive individuals with analytical and communication skills to join our team of professional Bank, Trust Company, and Financial Services Examiners in either Pierre or Sioux Falls, South Dakota. The positions are not eligible for remote work.

• Determine the financial condition of state‑chartered or licensed companies.
• Evaluate adequacy of company internal control procedures.
• Determine compliance with state and federal statutes and rules.
• Evaluate investment portfolios and decision‑making to determine suitability.
• Review and evaluate the oversight and governance structure of companies.
• Make recommendations on findings.
• Investigate consumer complaints related to supervised companies.

Bachelor’s Degree is required. A bachelor’s degree in trust, banking, finance, accounting, or a related field with an advanced degree preferred. Professional experience that leads to mastery of the following knowledge and abilities will be considered.

• Accounting and auditing principles and procedures.
• Organization of companies.
• Financial and fiduciary work environments.
• State and federal statutes and regulations.
• Consumer protection statutes and regulations.
• Microsoft Office products and management information systems.

• Communicate concisely and effectively with co‑workers, financial institution personnel, and examiners from other agencies.
• Gather, interpret, report, and use financial information.
• Understand and interpret state and federal statutes and regulations.
• Effectively manage time and prioritize tasks.

• Health Insurance ($0 employee‑only premium option)
• Well‑Being Program
• Employee Assistance Program
• Dental Insurance
• Vision Insurance
• Health Savings Account
• Basic Life Insurance Coverage (free to employees)
• Membership in the South Dakota Retirement System
• Vacation Leave (15 paid vacation days per year)
• Sick Leave (14 paid sick days)
• Paid Family Leave (40 hours per week for twelve weeks for birth or adoption of a child)
• Military Leave (15 paid days per calendar year)
• 11 Paid Holidays
• Longevity Pay
• Semimonthly Pay Periods

This position is exempt from the Civil Service Act. This position is eligible for Veterans’ Preference per ARSD 55:10:02:08. Successful applicant(s) will be required to undergo a background investigation. An arrest/conviction record will not necessarily bar employment.

“An Equal Opportunity Employer”.