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State of Massachusetts Risk Management Examiner I (Credit Union Supervision) in Boston, Massachusetts

The Division of Banks is currently accepting applications for the Risk Management Examiner I position in the Depository Institution Supervision – Credit Union Risk Management Examinations Unit.This role will be conducting financial safety and soundness examinations in Massachusetts state-chartered credit unions. About the Division: As an employee of the Division of Banks, you will contribute to the mission of the Division of Banks by ensuring a sound, competitive, and accessible financial services environment throughout the Commonwealth. The Division maintains public confidence in Massachusetts financial institutions through the oversight of state-chartered banks and credit unions as well as non-depository licensees doing business in Massachusetts. We are a consumer protection agency and we support financial literacy education and programs benefiting residents across the Commonwealth. The majority of the Division's employees are Examiners who conduct a variety of on-site and off-site examinations of financial institutions and licensed entities under the Division's jurisdiction. At the Division of Banks every employee’s ideas and experiences are welcomed. We value and respect that each individual brings different skills and perspectives that uniquely contribute to our agency and the work that we do.It is important that each employee feel empowered to contributeas this allows for more effective collaboration and better results. Within our workplace community, we offer a variety of training and mentoring to create and maintain learning environments that are inclusive, equitable, and welcoming. To learn more about the Division of Banks, clickhere. As an examiner, you can expect to: * Assess compliance with accounting practices and/or applicable laws and regulations. * Analyze financial statements, policies and procedures, and interview credit union staff. * Participate in team examinations. * Gain knowledge of the examination areas. * Attend state and federal regulatory training programs. Consider joining our examiner team if you: * *Are interested in a public position and enthusiastic about serving the public good. * Are interested in the supervision and regulation of credit unions. * Have experiencein accounting, business, banking, finance, economics, or related fields (public policy, IT/cybersecurity, criminal justice, data analytics). * Are eager to embrace new challenges and learning opportunities while working in a team environment. * Have knowledge and experience in analyzing financial statements, performing financial analysis, and assessing risk. * Have strong analytical, multi-tasking, writing, and communication skills. *Preferred Qualifications: We encourage individuals who believe they have the skills necessary to thrive to apply for this role, even if you don’t meet 100% of the job qualifications. * Experience in commercial banking or credit unions; accounting, auditing or consulting in the financial services industries. * Familiarity with BSA/AML, trust, or information technology. * Willing and able to travel throughout Massachusetts and travel out-of-state with some overnight stay (dependable way to travel to multiple sites around Massachusetts is required; driver’s license and access to a vehicle are recommended). Work/Life Balance: * Hybrid Position:Examiners have the opportunity to work from home but also are periodically required to be on site at a regulated institution, or one of our four regional offices (Boston, Lakeville, Woburn, or Springfield). Some out of state travel may be required. * Flexible Schedule:Examiners have various options for: start and end times; and every other Friday off. _The Examiner position is a union role in the National Association of Government Employees (NAGE) Unit 6 and is covered by the union contract and benefits. The Division offers a competitive starting salary of $71K (Grade 10) and salary (step) placement can range up to $82K based on relevant years of experience._ Primary Duties: * Assist in the analysis of financial institutions by analyzing financial documents and reports; reviewing policies and procedures; performing data analysis to determine solvency; and assessing proper safeguards and internal controls, and conformance with generally accepted accounting principles and compliance with applicable laws, rules and regulations. * Analyze quarterly financial condition (call) reports, balance sheets and income statements; determine the impact of an institution’s loan and investment portfolios on its financial condition; identify asset and funding concentrations in accordance with regulatory guidance; and calculate ratios pertinent to an institution’s financial soundness for various rating system components. * Assist in the preparation of sections of the Examination Report and detailed work papers in an accurate and timely manner. Confer with other state and federal agencies and audit/consulting firms as part of the examination process. * Communicate examination findings with internal and external leadership/stakeholders, both orally and written. Participate in formal and on-the-job training. The filling of this position is subject to appropriation and obtainment of all necessary approvals from the Office of Consumer Affairs and Business Regulation and the Executive Office for Administration and Finance. The Division reserves the right not to fill this position without notice. This position will report directly to a Regional Field Manager within the examination unit. First consideration will be given to those applicants that apply within the first 14 days. Minimum Entrance Requirements: Applicants must have (A) at least one year of full-time, or equivalent part-time, professional experience in accounting, auditing, or bank examining work, or (B) any equivalent combination of the required experience and the substitutions below. Incumbents are required to travel throughout the Commonwealth of Massachusetts and travel out-of-state with some overnight stay. Substitutions: I. A Bachelors or higher degree with a major in accounting, business administration, business management, banking, finance, economics, or related field may be substituted for the required experience.* Education toward such a degree will be prorated on the basis of the proportion of the requirements actually completed. _Comprehensive Benefits_ When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future. Want the specifics? Explore our Employee Benefits and Rewards! *An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply. The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC) may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role. *Job: Accounting and Finance *Organization: Division of Banks *Title: *Risk Management Examiner I (Credit Union Supervision) Location: Massachusetts-Boston - 1000 Washington St Requisition ID: 240008UC

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