Financial Institutions Examiner Trainee

Overview

The position is in the State of Illinois Division of Financial and Professional Regulation, Banking/Banks and Trust Companies/Specialized Activities/IT. This title is within the Upward Mobility Program (UMP). Applicants should apply electronically through

Under direct supervision, for a period of six to twelve months, travels to receive classroom and on-the-job training in performing on-site examinations of corporate fiduciaries for the purpose of determining their financial condition, safety and soundness, compliance with state and federal laws and regulations. Evaluates the corporate fiduciaries’ management, operations, internal controls and auditing, earnings, compliance, and asset management. Travels extensively to assigned facilities for examinations.

• Health, Life, vision, and dental insurance
• 12 weeks paid maternity/paternity leave
• Pension Plan – Vesting at 10 years for Tier II
• Deferred compensation and other pre-tax benefits programs
• Paid state holidays, 12-14 days annually
• 3 paid Personal Business Days annually
• 12 Paid Sick Days annually (Sick days carry over year to year)
• 10-25 Days of Paid Vacation time annually (10 days in year one of employment)
• Personal, sick, and vacation rates modified for 12 hour work schedules (as applicable)
• Employee Assistance Program and/or mental health resources
• Opportunities to participate in seminars and classroom training related to fiduciary industry laws, examination methods, and procedures

• Requires possession of a bachelor's degree in accounting, finance, economics or banking; or a master’s degree in business administration.

• Prefers at least three years of experience in a bank or financial institution
• Prefers experience in information technology, computer science, or similar field
• Prefers at least 2 years of experience with technology used within financial institutions (internal operations core network systems)
• Prefers knowledge of state and/or federal laws governing the financial industry
• Prefers at least 3 years of experience collecting, analyzing, and reporting examination/audit information
• Prefers at least two years of auditing experience
• Prefers experience as intermediary or liaison to 3rd party risk management auditing services

• Ability to pass an agency background check
• Ability to travel frequently and extensively, both in-state and out-of-state
• Possession of a valid driver’s license and access to a vehicle
• Compliance with revolving door restrictions and required Statements of Economic Interest as applicable

• The agency complies with the Illinois Equal Pay Act; wage history should not be included in applications
• All applicants must apply electronically through the  site; email or paper submissions will not be considered

IDFPR is a regulatory licensing and enforcement agency that protects residents of Illinois and ensures the safety and soundness of financial institutions.

Work Hours: Monday - Friday 8:30am - 5:00pm

Headquarters: 320 W Washington St, Springfield, IL 62767

Work County: Sangamon

Agency Contact: FPR.Employment

Posting Group: Legal, Audit & Compliance

Use the “Apply” button at the posting to begin the application process. State employees sign in via the State career portal; non-State employees sign in via the  homepage. If you have questions about how to apply, see the resources below:
Non-State employees: click “Application Procedures” in the footer of every page. The main form of communication will be via email; check junk/spam folders for communications from the site.