Financial Institution Examiner II

Recruitment Information

This posting is for the State of Hawaii, Department of Commerce and Consumer Affairs, Division of Financial Institutions, Field Examination Branch, Section A. The position is located on Oahu in Downtown Honolulu, Honolulu, HI 96813. Salary is commensurate with education and experience. If you have any questions regarding this non-civil service exempt position, please contact Ms. Joanne Hara at [email protected]. The State Recruiting Office will refer all inquiries regarding this exempt position to the Department of Commerce and Consumer Affairs.

Duties Summary

The Field Examination Branch conducts examinations of regulated institutions to assess their financial condition and compliance with applicable laws and regulations. The Branch reviews replies received from institutions in response to examination findings to determine that corrective action has been implemented and to ensure that issues not requiring further attention are closed. The subject position primarily conducts field and off-site (in office) full scope examinations of financial institutions to determine solvency, soundness of management and policies, actions of officers and directors, and compliance under the laws. The position also serves as examiner-in-charge of field examinations of full scope and the work assignments usually involve small and medium financial institutions and other small and medium regulated entities.

Minimum Qualification Requirements

Education: Bachelor's degree from an accredited college or university with at least 12 semester credit hours in accounting and/or auditing subjects.

Substitutions Allowed

Substitution of Experience for Basic Education Requirement: The experience must have been of such scope, level and quality as to assure the possession of knowledge, skills and abilities comparable to those acquired in four (4) years of successful study while completing a college or university curriculum leading to a baccalaureate degree which included twelve (12) semester credits hours in accounting/auditing subjects. The following types of experience may be substituted for education on a year-for-year basis.

• A. Excess General Financial Institution Examining Experience.
• B. Excess Specialized Experience or any other responsible administrative, professional or analytical work experience which did not require the knowledge and application of generally accepted accounting and/or auditing principles and practices may be substituted for the Education Requirement on a year-for-year basis.

General Experience: Two (2) years professional experience in any or a combination of the following: professional accounting or auditing experience; or experience teaching accounting at the college or university level.

Specialized Experience: Two (2) years professional experience which demonstrated knowledge of the business operations of financial institution(s), including the interrelatedness of various financial transactions and their effect on the overall condition of the institution.

Substitution of Education for Experience: A bachelor’s degree in accounting or a bachelor’s degree with accounting and/or auditing course work equivalent to a bachelor’s degree in accounting from an accredited college or university may be substituted for six (6) months of General Experience. A master’s degree in accounting, or a master’s degree with accounting and/or auditing coursework equivalent to a master’s degree in accounting from an accredited college or university may be substituted for all of the General Experience. A Ph.D. degree in accounting, or a Ph.D. degree in accounting and/ or auditing coursework equivalent to a Ph.D. degree in accounting from an accredited college or university may be substituted for all of the General Experience.

Knowledge: Financial services theory, practice and law; economics; business administration; accounting; and financial analysis.

Skills/Abilities: Ability to analyze facts and figures, and derive sound conclusions; to interpret and apply state and federal laws, rules and regulations, examination and administrative policies and procedures, and accounting standards; and to assess and evaluate the risks in the activities and operations of financial institutions and the quality of management of financial institutions and other regulated entities. Demonstrate the skills and expertise required to examine regulated institutions and entities that exhibit problem characteristics. Demonstrate the ability to deal effectively with personnel; regulated institution and entity officials; state, federal and foreign regulatory authorities; and the general public. Demonstrate skill in the organization of work to produce numerous and diverse work products of good quality and in a timely manner. Demonstrate skill in directing, coordinating and reviewing the work of others. Demonstrated ability to respect and maintain the confidentiality required by the subject matter with which the incumbent works.

Legal Authorization to Work

The State of Hawaii requires all persons seeking employment with the government of the State shall be citizens, nationals, or permanent resident aliens of the United States, or eligible under federal law for unrestricted employment in the United States.

Other Information

This position is exempt from the civil service and considered temporary in nature. Therefore, if you are appointed to the position, your employment will be considered to be "at will," which means that you may be discharge from your employment at the prerogative of the department head or designee at any time.

How to Apply

Please complete and submit an Application for Non-Civil Service Appointment (HRD 278). Applications can be found at Form-278 Non-Civil-Service Appointment (Download PDF reader).

Please email completed application/resume to: [email protected].

Note: The State Recruiting Office will refer you to the Department of Commerce and Consumer Affairs regarding this exempt position.