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.
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. Reasonable accommodations may be made to enable individuals with disabilities to interview and to perform the essential functions of this role.
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