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Current Employee? Click here to apply.

Consumer Credit Examiner

Date Posted:  Sep 30, 2021
Requisition ID:  257721
Location: 

Indianapolis, IN, US, 46204

Work for Indiana

Grow your career with the State of Indiana! With more than 50 executive branch agencies, the State of Indiana is a diverse workforce offering employees stimulating and challenging projects across a broad scope of career opportunities. As a State of Indiana employee, you impact the well-being of Indiana’s communities every day.

 

About The Department of Financial Institutions:

The Indiana Department of Financial Institutions (DFI) works to promote the growth and prosperity of local Indiana communities through effective and common-sense regulation.

 

The DFI is seeking qualified candidate(s) to work in a dynamic and high performing environment, with a well identified career path and significant opportunities to progress throughout the organization.
 

Salary:

This position traditionally starts at an annual salary of $46,332 but industry related experience and/or advanced degrees can provide for additional salary discussion.

About the Job:

In this role you will serve the Consumer Credit Division of the Department of Financial Institutions for the State of Indiana. You will be in an entry level position and travel within a specified region of the State. You will be in training to learn how to conduct examinations for compliance with state consumer lending and applicable federal regulations in the following types of institutions: State Chartered Depository Institutions, Licensed Lenders, Non-Lenders (such as car dealerships and other sellers of retail goods that offer financing), Rental Purchase Entities, Pawnbrokers, Debt Management Companies, Mortgage Lenders, Check Cashing, and Money Transmitter Licensees. Your initial training will focus on non-Lender examinations, and as the examiner role progresses, additional training will be provided.

A Day in the Life:

The essential functions of this role are as follows:  

  • Assists in evaluating the degree of compliance with governing statutes and regulations
  • Prepares an examination report of findings and meets with officers and managers to discuss findings
  • Assists in developing ways to bring the organization into full compliance with laws and regulations, educates and recommends procedures to maintain compliance 
  • Performs as Examiner-In-Charge on various examinations with a low degree of complexity
  • Prioritize assignments based on guidelines established in the compliance manual

 

The job profile is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

What We’re Looking For:

The ideal candidate should at a minimum have a degree in a relevant field of study from a four-year accredited college or university with preferred experience in a regulated field specifically in consumer finance. Advanced degree in law, public policy, business, accounting, or another related field is ideal.

What You’ll Need for Success:

  • A strong desire to learn about the growing and expanding consumer financial services industry
  • An intuition for understanding and interpreting statutes and regulatory concepts
  • Knowledge of accounting and/or mathematical principles
  • Ability to effectively collaborate with business management and arbitrate differences of opinion
  • Clearly, concisely, and accurately communicate both verbally and in writing
  • Communicate and work effectively with a team of peers
  • Experience with adapting to new and evolving technologies
     

Supervisory Responsibilities/Direct Reports:

This role does not provide direct supervision to direct reports.

What You'll Get in Return:

The State of Indiana offers a comprehensive benefit package for full-time employees which includes:

  • Three (3) medical plan options (including RX coverage) and vision/dental coverages
  • Wellness program (offers premiums discount for the medical plan)
  • Health savings account (includes bi-weekly state contribution)
  • Deferred compensation account (similar to 401k plan) with employer match
  • Two (2) fully-funded pension plan options
  • Group life insurance
  • Employee assistance program that allows for covered behavioral health visits
  • Paid vacation, personal and sick time off
  • Competitive leave policies covering a variety of employee needs
  • 12 company paid holidays, 14 on election years
  • Qualified employer for the Public Service Loan Forgiveness Program
  • New Parent Leave
  • Free Parking
  • Free LinkedIn Learning

If this is an Intermittent position, the position does not offer benefits and is limited to 180 working days in an eleven (11) month continuous period.

 

Equal Employment Opportunity:

The State of Indiana is an Equal Opportunity Employer.  Reasonable accommodations may be made to enable individuals with disabilities to interview and to perform the essential functions of this role.

Current Employee? Click here to apply.


Nearest Major Market: Indianapolis