DEPT OF INSURANCE AND FINANCIAL INSTITUTIONS

100 N 15th Ave

 Phoenix, AZ 85007

Financial Institutions Division

Salary: $68,000-$73,000 

Grade: 22

Closing Date: 03/25/2026

The Financial Institution Examiner - Senior will be responsible for performing professional work of unusual difficulty in the examination and analysis of the conditions and overall operations of financial institutions including conditions of credit, financial statements, internal controls, general operations and methods, trust operations; applies and interprets state and federal laws, rules and regulations; establishes priorities and scope of examination and analysis; writes final report of examination; conducts exit reviews with management and directors; calculates institutions' overall rating; investigates complaints received against licensees; develops cases involving violations of laws by licensees; and testifies as the expert witness at administrative hearings.

At this level the examiner possesses the knowledge and expertise to be considered an expert, able to train other examiners, carries out the full range of examination assignments and normally is assigned the most difficult, complex examinations. Work is carried out with little or no supervisory intervention and often includes the direction of subordinate staff.

This position may offer the ability to work remotely, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State’s Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, should be performed within Arizona unless an exception is properly authorized in advance.

• Examining complex records, accounts and securities portfolios of licensees; Verifying that proper and lawful procedures are being followed, that securities are appropriate for licensee being examined and that loan portfolio is of such quality to be considered a bankable asset.

• Reviewing financial documents used by licensee and verifies that financial accounting controls and figures are in compliance with state and federal laws. Directing, instructing, and counseling subordinate examiners in carrying out a variety of tasks and reviews theirs work products.

• Writing detailed reports based on examination, analysis and evaluation of data pertaining to specific licensees in accordance with established procedures and format. Conducting exit reviews with to explain the details of the examinations. Conducting field investigations relating to reported violations or irregularities in business or practice; interviewing complainants and other, examines evidence, recommends actions and writes detailed investigative reports.

• Examining department files and other data prior to examination of business records to determine scope of examination needed.

• Analyzing financial statements of licensees in order to make determinations on compliance with state laws and regulations. Composing detailed report of examinations, and appropriately rating banks and credit unions on Capital, Asset Quality, Management, Earnings, Liquidity and Sensitivity to Market Risk components, as well as assigning a composite rating.

Knowledge:
• Generally accepted and regulatory accounting practices and principles and examination procedures.
• Policies and procedures established for the work units.
• Investigative techniques and reporting procedures.
• Computerized products used in examining and accounting systems and use of software applications as they relate to examination processes.
• Managerial practices and supervisory techniques.

Skills:
• Applying examining, auditing and accounting methods and techniques.
• Interpreting complex laws, rules and regulations.
• Applying federal and state laws, rules and regulations as they pertain to licensee's operations and activities.
• Researching, analyzing and interpreting complex financial data.
• Mathematical calculations.
• Using computerized products and microcomputers in the examination process.
• Using investigative methods and techniques and maintaining a chain of evidence.
• Oral and written communications.
• Work management and leadership.
• Interpersonal relationships.

Abilities:
• Excellent oral and written communication skills to provide conclusions and work products to other examiners and financial licensee managers.
• Interpersonal skills to work well in a team environment and to interact with staff and management at various financial Institutions.
• Be able to travel with overnight stays away from home base.

• Knowledge of laws pertaining to the Financial Institutions Industry. Prefer 5+ years experience in financial institutions, finance, or compliance.
• Past experience in examination or investigative work related to Financial Institutions

• Prefer experience reporting financial data,
• Prefer professional designations such as Certified Public Accountants or Certified Fraud Examiners. Prefer BA in Accounting, Finance, or Business.

AZ Drivers License

If this position requires driving or the use of a vehicle as an essential function of the job to conduct State business, then the following requirements apply: Driver’s License Requirements.

All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).

The State of Arizona offers a comprehensive benefits package to include:
• Optional employee benefits include short-term disability insurance, deferred compensation plans, and supplemental life insurance
• Life insurance and long-term disability insurance
• Vacation plus 10 paid holidays per year
• Health and dental insurance
• Retirement plan
• Sick leave
• Paid Parental leave

By providing the option of a full-time or part-time remote work schedule, employees enjoy improved work/life balance, report higher job satisfaction, and are more productive. Remote work is a management option and not an employee entitlement or right. An agency may terminate a remote work agreement at its discretion.

Learn more about the Paid Parental Leave program here. For a complete list of benefits provided by The State of Arizona, please visit our benefits page

• Positions in this classification participate in the Arizona State Retirement System (ASRS)

• Please note that enrollment eligibility will become effective after 27 weeks of employment

If you have any questions please feel free to contact Debbie Muhlestein @ debbie.muhlestein@difi.az.gov.