DORA/DIVISION OF BANKING EMPLOYEES ONLY: DIVISION PROMOTION - Financial/Credit Examiner IV

Hybrid Workplace Arrangement Although this position will be designated under the department’s hybrid workplace program, it will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business needs. This announcement may be used to fill multiple vacancies. The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado. Consumer protection is our mission. DORA values and promotes diversity, supporting a workplace that is inclusive of people from different backgrounds and experiences; creating an environment that is reflective of our communities; promoting positive relationships; and putting forth unique perspectives to fulfill our mission. Employer-sponsored RTD Eco Pass, with offices located at Civic Center Plaza, above the RTD Civic Center station and just a few blocks from RTD light rail. Extensive work-life programs such as flexible schedules, training and professional development opportunities on a wide variety of subjects, and more! Employee wellness programs, including the Colorado State Employee Assistance Program (CSEAP), which provides free, confidential counseling services. Bike-to-work programs, including access to storage lockers and bike racks. Flexible retirement benefits, including a choice of the PERA Defined Benefit Plan or the PERA Defined Contribution Plan, plus optional 401K and 457 plans. Medical and Dental Health Insurance for employees and optional coverage for their dependents. Life Insurance for employees, and optional coverage for their dependents. Paid Time Off, including 11 paid holidays. Short- and long-term disability coverage. Tuition assistance program. Check out our excellent benefits package! The Division of Banking protects the public interest and preserves public trust in the Colorado banking industry by regulating state-chartered commercial banks, trust companies, state licensed money transmitters, and enforcing the Public Deposit Protection Act (PDPA). This work unit exists to serve and protect the public interest by promoting a safe and sound financial institutions industry. This work unit oversees all commercial banks and trust companies safety and soundness, commercial bank trust department examinations, and information technology(IT) examinations of financial institutions regulated by the Division of Banking (Division), manages and supervises financial credit examiners in performance of safety and soundness examinations and oversees the regulatory compliance of commercial banks, trust companies, trust departments and IT. Conducts the final quality review of reports of examinations, and ensures scheduling examinations of commercial banks, trust companies, trust departments and IT in accordance with Banking Board Policy. Position: SCA 2029 The purpose of this position is to manage and oversee a caseload of assigned commercial banks to ensure compliance with applicable laws, regulations, and supervisory standards. In addition, the position supervises a team of a minimum of three (3) FCE I, II, and III’s. This role oversees the planning, execution, and review of commercial bank examinations to promote consistency, efficiency, and effective use of Division resources. The position reviews and approves examination scoping memoranda to ensure examinations are risk-focused, appropriately scoped, and staffed in accordance with the institution’s size, complexity, and risk profile, as well as the professional development needs of examination staff. The position is responsible for reviewing reports of examination and progress reports, and for directing supervisory responses as necessary. The position provides oversight of Supervisory Financial Monitoring and Federal Agency Report of Examination Review. When serving as Examiner-in-Charge (EiC), the position leads examination teams, determines examination objectives and areas of review, and ensures examination work is completed in accordance with established regulatory standards. Duties include but are not limited to: Supervising the activities of assigned positions with day-to-day guidance, which includes developing goals, advising, coaching, teaching, correcting, and observing their performance in the field and in the office in order to meet Division objectives and further employee professional development; Establishing and communicating performance standards and documenting performance measures for direct reports, which includes routinely assessing whether performance criteria are being met and ensuring deficiencies are appropriately addressed; Conducting mid-year progress reviews and annual performance evaluations for subordinate staff; Maintaining ongoing communication with federal regulatory agencies, including the Federal Deposit Insurance Corporation (FDIC) and the Federal and the Federal Reserve Bank; Approving the Report of Examination (ROE) and transmittal letter to ensure comments support assigned ratings and determining appropriate corrective actions, including formal or informal enforcement actions; Participating in management exit meetings and meetings of the board of directors, as required, to communicate examination findings and enforcement actions; Conducting quarterly off-site financial monitoring to identify adverse trends, reviewing progress reports for institutions subject to enforcement actions, and reviewing federal examination reports for institutions within the assigned caseload or program area; Attending examination exit conferences at the conclusion of federal regulatory examinations; Determining whether quarterly progress reports submitted by financial institutions under enforcement action adequately address required corrective actions, which includes deciding whether documentation and responses are sufficient, identifying deficiencies or omissions, and determining whether additional follow-up actions are required; Deciding the content and supervisory tone of acknowledgment letters responding to quarterly progress reports, including whether to accept the report as satisfactory, request additional information or corrective measures, and whether correspondence should be issued jointly with a federal regulator.