Requisition No: 809096
Agency: Financial Services
Working Title: FINANCIAL EXAMINER/ANALYST II – 43001733 (OFFICE OF FINANCIAL REGULATION)
Position Number: 43001733
Salary: $46,000.00 – $50,000.00 (plus CAD)
Posting Closing Date: 08/21/2023
*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY*****
OFFICE OF FINANCIAL REGULATION
DIVISION: CONSUMER FINANCE
BUREAU: ENFORCEMENT
CITY: WEST PALM BEACH
COUNTY: PALM BEACH
SPECIAL NOTES:
A bachelor’s degree from an accredited college or university is required. Examination and/or regulatory professional experience relating to financial institutions, financial services companies, insurance companies, securities dealers or investment advisers, mortgage brokers or lenders, or money services businesses can substitute on a year-for-year basis for the required bachelor’s degree.
Preference will be given to individuals with a bachelor’s degree from an accredited college or university with major course of study in accounting, finance, economics, business, insurance, or risk management.
Additional preference will be given to individuals who have:
- One (1) or more years of recent professional experience in analyzing, investigating, examining, or auditing financial data within the consumer finance, banking, insurance, or securities industry, supervision of consumer finance industry personnel or regulations of consumer finance industry or similar experience in another financial services industry subject to complex review, including similar experience within federal, state, or local government.
- Master’s degree from an accredited college or university with a major in finance, business administration, economics, accounting, insurance or risk management or a Certified Fraud Examiner (CFE); Certified Anti-Money Laundering Specialist (CAMS); and/or a Certified Public Accountant (CPA) designation.
The anticipated annual salary range shall be from $46,000.00 to $50,000.00. The starting salary shall be commensurate with the selected candidate’s competencies and qualifications. This position may include the addition of a Competitive Area Differential (CAD) of $105.73 monthly/$1,268.76 annually (Miami/WPB).
Employees of the Department of Financial Services, which include employees of the Office of Financial Regulation (OFR), are paid on a monthly pay cycle.
Travel is required up to 50% of the time.
Multiple positions may be filled from this advertisement.
Candidates should expect a professional office environment with a public service-driven mission. Benefits include competitive health insurance, State of Florida retirement options, remote work opportunities (for certain positions), and a flexible work/life balance.
Some of the excellent benefits available to Office of Financial Regulation (OFR) employees, include:
- Remote work opportunities for certain positions
- Flexible work schedules for certain positions
- Paid holidays and an annual personal holiday
- Paid vacation and sick leave
- Excellent health & life insurance options for individuals and/or family coverage
- Additional supplemental insurances available such as dental, vision, disability, etc.
- Tax deferred medical and Dependent Care Benefit reimbursement accounts available
- Deferred Compensation opportunities
- Tuition waivers to attend state universities/community colleges
- Retirement plans and options
All applicants seeking employment with the Office of Financial Regulation (OFR) are subject to mandatory background checks conducted through the Department of Financial Services (DFS), Bureau of Human Resource Management in accordance with the requirements of Chapter 435, F.S. and reviews by OFR. Applicants may be disqualified for employment with OFR based on the information that may be obtained through research and/or OFR’s review process.
This position requires a security background check, including fingerprint as a condition of employment.
Responses to qualifying questions must be clearly supported by the state application and any omission, falsification, or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.
Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:
1. Knowledge of mathematics.
2. Knowledge of auditing principles.
3. Knowledge of the methods of compiling, analyzing, and presenting data.
4. Knowledge of the techniques utilized in conducting examinations or investigations of
financial services companies.
5. Ability to review, analyze, and evaluate data.
6. Ability to examine financial records.
7. Ability to conduct research.
8. Ability to write and prepare reports.
9. Ability to understand and apply laws, rules, regulations, policies, and procedures.
10. Ability to probe and obtain critical facts.
11. Ability to utilize problem-solving techniques.
12. Ability to communicate effectively, both verbally and in writing.
13. Ability to establish and maintain effective working relationships with others.
14. Ability to recognize the validity, authenticity, and propriety of operating records.
15. Ability to work independently.
16. Ability to effectively use computer hardware and software.
BRIEF DESCRIPTION OF DUTIES:
Utilize standard exam procedures and methods in the performance and compilation of detailed examinations of financial and related institutions in three or more of the following financial fields regulated by OFR to ensure that all of the provisions of the State statutes and regulations pertaining to the conduct of their activities are complied with:
- Chapter 494 – Mortgage Brokering and Lending Act
- Chapter 516 – Consumer Finance Act
- Chapter 520 – Retail Installment Sales Act
- Chapter 537 – Title Loan Act
- Chapter 559 – Commercial and Consumer Collection Practices Act
- Chapter 560 – Money Services Businesses Act
- Chapter 687 – Interest and Usury; Lending Practices Act
Responsible for preparing and submitting preliminary examination and complaint investigation reports, documentation, and work papers for reviews of the statutes under the purview of OFR.
Responsible for preparing and submitting final examination reports, work papers, and documentation.
Responsible for reviewing and evaluating institutions’ responses to examinations reports and recommending disposition of the file.
Responsible for the investigation of written complaints against companies in the financial fields detailed above and submission of a written complaint investigation report.
Perform other related duties as required.
If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended, or deemed ineligible depending upon the date of your retirement.
The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.
Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.
The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.
VETERANS’ PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans’ Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement.