State of Indiana
Overview
Financial Licensing Analyst at State of Indiana. Work for Indiana with opportunities across 60+ agencies, competitive compensation, robust benefits, and a commitment to work-life balance. This role supports licensing and applications functions within the Indiana Department of Financial Institutions (DFI) to protect consumers and promote access to financial services. Role Overview
This position provides support to the licensing and applications functions of the Department, researches regulatory matters, and handles telephone/email inquiries from Indiana consumers related to financial services. The role tracks, monitors, and recommends regulatory action on initial and renewal applications submitted via the Nationwide Multistate Licensing System (NMLS) and other methods to the Department. The analyst will collaborate with licensing and analyst staff and may engage with the Internal Revenue Service, the Financial Crimes Enforcement Network, and other regulators. The position reports to the Deputy Director of the Consumer Credit. Salary
The salary for this position traditionally starts at $53,222.00 and may be commensurate with education or work experience. Essential Functions / Responsibilities
Depository Perform various examinations on large and complex institutions. Serve as Examiner-In-Charge (EIC) of Safety and Soundness examinations for the largest and most complex institutions or those with weaknesses. Submit examination plans aligned with the condition and risk profile of the institution. Oversee examination staff to ensure appropriate scope and adherence to procedures. Submit timely Reports of Examination that are analytically correct and with minimal errors. Make accurate ratings determinations and develop corrective programs with assistance. Develop loan review samples to identify credit risks. Serve as Central Point of Contact (CPC) for complex institutions and analyze risk using off-site monitoring, on-site examinations, and regulator communications. Coordinate on-site visitations and attend board/management exit meetings as needed. Perform CAMELS ratings and related analyses. Conduct asset quality reviews and evaluate credit risk management systems, adjusting scope as needed. Consumer Credit Perform regulatory examinations related to state and federal consumer credit laws and regulations. Examine entities including complex State Chartered Depository Institutions, Licensed/Lenders, Non-Lenders, Debt Management, Check Cashers, Money Transmitters, and related entities. Serve as EIC to evaluate compliance with statutes and regulations. Act as SME for relevant statutes and examination procedures. Prepare examination reports and discuss findings with officers and managers. Assist in achieving full regulatory compliance and recommend procedures to maintain it. Review work of others and provide feedback to examiners. The job description does not cover all duties and responsibilities; changes may be made with or without notice. What You'll Need for Success
You must meet the following requirements to be considered for employment: Ability to complete agency-specific training programs. Broad knowledge of computer applications, examination software, and internal/external systems used for research and analysis. Ability to conduct and prepare examination reports. Ability to identify, apply, and interpret laws, regulations, and policies relevant to assigned areas, and to train less experienced examiners. Ability to analyze and interpret data and records. Effective oral and written communication skills. Tact and persuasive skills when interacting with institution managers and staff. Ability to travel within a specified region as required by the assignment. For Depository division: ability to use Examination Tools Suite (ETS) to develop loan review samples identifying credit risks. Supervisory Responsibilities
This role may be utilized in a supervisory capacity based on agency needs. Benefits of Employment with the State of Indiana
The State offers a comprehensive benefits package for full-time employees, including: Medical plan options (including RX), vision and dental plans Wellness Rewards Program with gift card rewards Health savings account with employer contributions Deferred compensation 457(b) with employer match Two pension plan options Leave policies, including New Parent Leave and Childbirth Recovery Leave for eligible mothers Paid vacation, personal, and sick leave Paid holidays (12, 14 in election years) Education Reimbursement Program Group life insurance Referral Bonus program Employee assistance program Public Service Loan Forgiveness Program eligibility Free parking for most positions Free LinkedIn Learning access Equal Employment Opportunity
The State of Indiana is an Equal Opportunity Employer. Reasonable accommodations may be available for applicants with disabilities. If accommodations are needed to complete the application, contact the Indiana State Personnel Department at jobs@spd.IN.gov.
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Financial Licensing Analyst at State of Indiana. Work for Indiana with opportunities across 60+ agencies, competitive compensation, robust benefits, and a commitment to work-life balance. This role supports licensing and applications functions within the Indiana Department of Financial Institutions (DFI) to protect consumers and promote access to financial services. Role Overview
This position provides support to the licensing and applications functions of the Department, researches regulatory matters, and handles telephone/email inquiries from Indiana consumers related to financial services. The role tracks, monitors, and recommends regulatory action on initial and renewal applications submitted via the Nationwide Multistate Licensing System (NMLS) and other methods to the Department. The analyst will collaborate with licensing and analyst staff and may engage with the Internal Revenue Service, the Financial Crimes Enforcement Network, and other regulators. The position reports to the Deputy Director of the Consumer Credit. Salary
The salary for this position traditionally starts at $53,222.00 and may be commensurate with education or work experience. Essential Functions / Responsibilities
Depository Perform various examinations on large and complex institutions. Serve as Examiner-In-Charge (EIC) of Safety and Soundness examinations for the largest and most complex institutions or those with weaknesses. Submit examination plans aligned with the condition and risk profile of the institution. Oversee examination staff to ensure appropriate scope and adherence to procedures. Submit timely Reports of Examination that are analytically correct and with minimal errors. Make accurate ratings determinations and develop corrective programs with assistance. Develop loan review samples to identify credit risks. Serve as Central Point of Contact (CPC) for complex institutions and analyze risk using off-site monitoring, on-site examinations, and regulator communications. Coordinate on-site visitations and attend board/management exit meetings as needed. Perform CAMELS ratings and related analyses. Conduct asset quality reviews and evaluate credit risk management systems, adjusting scope as needed. Consumer Credit Perform regulatory examinations related to state and federal consumer credit laws and regulations. Examine entities including complex State Chartered Depository Institutions, Licensed/Lenders, Non-Lenders, Debt Management, Check Cashers, Money Transmitters, and related entities. Serve as EIC to evaluate compliance with statutes and regulations. Act as SME for relevant statutes and examination procedures. Prepare examination reports and discuss findings with officers and managers. Assist in achieving full regulatory compliance and recommend procedures to maintain it. Review work of others and provide feedback to examiners. The job description does not cover all duties and responsibilities; changes may be made with or without notice. What You'll Need for Success
You must meet the following requirements to be considered for employment: Ability to complete agency-specific training programs. Broad knowledge of computer applications, examination software, and internal/external systems used for research and analysis. Ability to conduct and prepare examination reports. Ability to identify, apply, and interpret laws, regulations, and policies relevant to assigned areas, and to train less experienced examiners. Ability to analyze and interpret data and records. Effective oral and written communication skills. Tact and persuasive skills when interacting with institution managers and staff. Ability to travel within a specified region as required by the assignment. For Depository division: ability to use Examination Tools Suite (ETS) to develop loan review samples identifying credit risks. Supervisory Responsibilities
This role may be utilized in a supervisory capacity based on agency needs. Benefits of Employment with the State of Indiana
The State offers a comprehensive benefits package for full-time employees, including: Medical plan options (including RX), vision and dental plans Wellness Rewards Program with gift card rewards Health savings account with employer contributions Deferred compensation 457(b) with employer match Two pension plan options Leave policies, including New Parent Leave and Childbirth Recovery Leave for eligible mothers Paid vacation, personal, and sick leave Paid holidays (12, 14 in election years) Education Reimbursement Program Group life insurance Referral Bonus program Employee assistance program Public Service Loan Forgiveness Program eligibility Free parking for most positions Free LinkedIn Learning access Equal Employment Opportunity
The State of Indiana is an Equal Opportunity Employer. Reasonable accommodations may be available for applicants with disabilities. If accommodations are needed to complete the application, contact the Indiana State Personnel Department at jobs@spd.IN.gov.
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