Capital Markets Examiner Specialist

The work we do matters! Hiring Agency: Banking and Finance - Agency 19 Location: Lincoln Job Posting Hiring Rate: $29.431 Classification Salary Range: $1.00 - $1,000.00 Job Posting: JR2024-00004963 Capital Markets Examiner Specialist (Open) Applications No Longer Accepted On (If no date is displayed, job is posted as open until closed): Job Description: This position is within the Financial Institutions Division of NDBF, which oversees banks, credit unions, trust companies, and consumer financial services institutions. An Examiner Specialist serves as a subject matter expert in a specialized area of regulation, in addition to participating in all areas of safety and soundness review within financial institution examinations. NDBF offers abundant opportunities for professional growth and collective learning, combined with a flexible, supportive, and collaborative work environment. If interested in this opportunity, applicants should submit a cover letter and professional resume to the Deputy Director – Financial Institutions, in conjunction with the State of Nebraska’s application process. Essential Job Functions: Financial Institution Examiners participate in the assessment of Nebraska state-chartered financial institutions to determine safe and sound practices’ adherence to all laws, regulations, and guidance documents; the adequacy of internal controls/procedures; financial adequacy; and the general performance of management. In addition to the duties of a Financial Institutions Examiner, the Capital Markets Examiner Specialist will provide effective and accurate evaluation of financial institutions’ ability to manage the risks related to capital markets activities, including capital, liquidity, and sensitivity to market risk, among others. Job Duties: Assess a financial institution's financial and risk positions related to earnings, investment portfolio strategies, liquidity, and interest rate risk. Provide guidance, mentorship, and training to financial institution examiners on matters related to capital markets areas including identifying areas of increased risk, updates to examination procedures, workpaper documentation standards, and preparation of exit comments and reports of examination. Assess the effectiveness of financial institutions' asset/liability management function. Analyze financial institutions' ability to accurately conduct risk analysis, stress testing, and model validation. Lead specialty areas of examinations related to capital markets reviews and represent NDBF as a subject matter expert when working with federal regulators and industry professionals. Evaluate larger and/or more complex financial institutions to provide expertise in areas related to capital markets issues, stressed liquidity positions, and increased risk profiles. Provide assessment and expertise, in verbal and written communications, regarding recent actions involving financial markets and how status changes and developments can affect financial institutions (i.e., Federal actions, yield curve, interest rates, domestic and global economic growth, asset classes and risk profiles). Provide assistance in reviewing financial institutions’ periodic progress reports and informal or formal action responses in areas related to capital markets, as requested by Review Examiners and/or federal agencies. Maintain monitoring reports as it relates to liquidity, interest rate risk, and the investment portfolio. Represent NDBF in speaking engagements regarding capital markets related matters, as needed. Complete all other duties as assigned and necessary to support the NDBF vision and mission. Requirements / Qualifications: Minimum Qualifications: To qualify for this Examiner Specialist position, the applicant should have a minimum of three years’ regulatory experience within the last 10 years, including serving as Examiner-in-Charge of safety and soundness examinations of depository financial institutions. The applicant must have earned a Bachelor's or graduate degree from an accredited college or university related to business, finance, accounting, fintech, or economics. A minimum of six semester hours in accounting is required. The chosen candidate will be expected to achieve and maintain the CSBS Certified Capital Markets Examiner designation and successfully complete continuing education opportunities as assigned. Applicants must have sound knowledge of general banking operations and examination principles. Note: The position may be underfilled if the required regulatory experience and accounting hours are not met, provided the applicant is willing to complete all appropriate training and requirements to meet such standards, in a prescribed amount of time. Salary would be adjusted according to experience, expertise, and relevant skills. A degree as listed above and three or more years of professional experience working in the fields of: examining, auditing, or banking industry with experience in capital markets related areas may be substituted for senior examiner level status in some cases. Applicants must have a strong ability to define problems, collect and analyze data, draw valid conclusions, prepare reports, and monitor financial trends and performance. Must be able to communicate effectively with teammates, industry professionals, other regulators, and the public, both orally and in writing, to present analyses, conclusions, and opinions clearly, concisely, and professionally. Must have strong technology skills including proficiency with Microsoft applications and ability to learn various examination and database software programs. Must be willing to learn new processes, skillfully adapt to change quickly, and work with limited supervision. Examiners must possess the highest integrity, leadership skills, personal accountability, and ethics. This position requires a minimum of 40 hours per week, with day and overnight travel required. Must possess a valid driver’s license and evidence of vehicle insurance, or the ability to provide independent authorized transportation. Must pass a criminal background check and motor vehicle records check. This position could be based from any of the NDBF offices, located in Lincoln, Omaha, or Kearney. Benefits: This is what we can offer the right candidate: • 13 paid holidays • Vacation and sick leave that begin accruing immediately • Military leave • 156% (that's not a typo!) state-matched retirement • Tuition reimbursement • Employee assistance program • 79% employer paid health insurance plans • Dental and vision insurance plans • Employer-paid $20,000 life insurance policy • Public Service Loan Forgiveness Program (PSLF) through the Federal government • Wide variety and availability of career advancement as the largest and most diverse employer in the State • Opportunity to be part of meaningful work and make a difference through public service • Training and Development based on your career aspirations • Fun, inviting teammates • A safe and secure environment At the State, we stand by our core values of treating others with dignity and respect, acting ethically in all situations, and creating an environment where our customer is our top priority. Apply to join our team today! Benefits We offer a comprehensive package of pay, benefits, paid time off, retirement and professional development opportunities to help you get the most out of your career and life. Your paycheck is just part of your total compensation. Check out all that the State of Nebraska has to offer! For more information on benefits currently offered to permanent teammates, please visit: https://statejobs.nebraska.gov/index.html#benefits Equal Opportunity Statement The State of Nebraska values our teammates as well as a supportive environment that strives to promote diversity, inclusion, and belonging. We recruit, hire, train, and promote in all job classifications and at all levels without regard to race, color, religion, sex. age, national origin, disability, marital status or genetics. Current employees of the State of Nebraska should NOT apply on this external career. Instead go to Workday and access the Jobs Hub - Internal Apply app from your home landing page. We are seeking talented individuals to join our team in careers that make a difference in the lives of Nebraskans. Once you've had the opportunity to explore our current open positions, apply for those of interest to you. Check back on your candidate profile to see the status of your submitted applications, as well as any new postings that might interest you! Thank you for your interest in joining our team! State Government is one of the largest and most diverse employers in Nebraska. Whether it's helping a vulnerable child, advancing public health, making highways safer, or preserving our natural resources, the work we do matters!