Financial Legal Examiner

Attorney Opportunity Regulating Our State’s Financial Service Providers and Protecting Consumers

Are you an attorney interested in financial services, banking law, and consumer protection? Are you interested in examining credit unions for compliance with laws and regulations? Are you interested in learning about the complex and dynamic world of financial services innovation and emerging fintech industries? Are you passionate about public service or interested in obtaining public loan forgiveness? Would you like to work independently and in collaboration with other examiners, attorneys, and federal credit union regulators?

If you answered yes to any of these questions, we encourage you to apply for this position! We’re looking to hire an experienced attorney to join our collaborative team.

The Division of Credit Unions (DCU) is recruiting for a Financial Legal Examiner (FLE) to lead our consumer compliance supervision efforts in our regulated entities. This position may be filled at the 3 or 4 level, depending on applicant qualifications and experience.

FLE 3 Salary Range - $7,443-$10,004 per month

FLE 4 Salary Range - $8,210-$11,045 per month

Financial Legal Examiners (FLE) typically work with or lead an exam team of two to five people, in a fast‑paced, deadline‑oriented environment. They perform analysis of Washington State‑chartered credit unions that are located throughout the state for compliance with state and federal regulations. As a Financial Legal Examiner, you will be a vital participant in ensuring the continuity of financial services offered state‑wide and find engaging challenges in all facets of credit union operations.

This includes unencumbered access to the credit union to ensure current practices are safe and sound, and in compliance with consumer protection laws. Scientific training is provided through the National Credit Union Administration, Federal Financial Institution Examination Council, National Association of State‑Chartered Credit Unions and various online training tools.

Some of what you will do:

• Perform onsite and/or virtual legal analysis of Washington State chartered credit unions for compliance with state and federal laws.
• Serve as Examiner in Charge (EIC) of stand‑alone consumer compliance examinations to determine if state‑chartered credit unions are compliant with consumer protection laws.
• Establish the scope of individual examinations, plan and direct the efforts of the examination team, and complete the examination report.
• Review and discuss with management critical findings that are identified during the exam process in such a manner to fully understand the circumstances surrounding each finding and encourage corrective action.
• Organize and conduct meetings with the institution’s executive management, Supervisory Committee, and/or Board of Directors, detailing the final findings and conclusions regarding complex legal consumer protection information.
• Provide both formal and informal guidance in the areas of state and federal laws and regulations to fellow examiners.
• Assist division staff with consumer compliance related complaints about state‑chartered credit unions. Contact credit unions to determine course of action or recommend further research to resolve customer complaints. Write complaint closure letters to consumers when needed.
• Represent the Division in public forums, on committees and at training sessions. Give presentations as part of the Division’s education and outreach and continuing legal education (CLE) efforts.
• Travel approximately 25% of work time to state credit unions, and occasional conferences and training.
• Utilize various IT hardware and software, including Microsoft Office, internet resources, NCUA examination software and other software as necessary.

Required Qualifications:

Graduation from an accredited law school. Active membership in good standing with the Washington State Bar Association (WSBA).

Desired

Qualifications:

A bachelor’s in finance, accounting, business administration, economics or related field. And two years of professional experience in one of, or a combination of, the following:

• Consumer finance law or…