Employer: FDIC – Federal Deposit Insurance Corporation
Career Opportunity for Seniors!! This exclusive opportunity closes 03/26/2020 at 11:59 PM, Eastern Standard Time (EST). Quality | Compliance | Protection: The FDIC’s Financial Institution SpecialistBe counted among the most brilliant minds at the FDIC. We offer an exciting entry-level opportunity for college seniors and recent graduates in our premier bank examiner ranks. Our Financial Institution Specialist (FIS) position will place you on the front lines of America’s banking and financial services industry, performing mission-critical work and traveling the country in a unique role that only a few experience. As a FIS, you’ll get the skills you need to handle the ever changing requirements of the industry and learn everything you need to know to prepare for and advance in your career, while earning a competitive salary with incomparable benefits.Successful applicants will join a team of experienced bank examiners within the FDIC’s Division of Depositor and Consumer Protection (DCP) who travel across the U.S. to use their expertise on finance and banking law to evaluate the compliance of FDIC-insured institutions with fair lending laws and regulations. They also assess an institution’s community reinvestment performance.As a FIS with DCP, you will participate in the assessment of financial institutions to ensure consumers and depositors are treated fairly and operate in compliance with federal consumer protection, anti-discrimination, and community reinvestment laws; and promoting economic inclusion by helping to build and strengthen positive connections between insured financial institutions and consumers, depositors, small businesses, and communities. Financial Institution Specialists also:Evaluate compliance with applicable consumer protection, fair lending and civil rights laws and regulations, Community Reinvestment Act, and related enforcement responsibilities, through targeted compliance examination reviews.Research, compile, manipulate, and/or evaluate data to prepare a variety of documents, management reports and presentations.Identify and report unusual transactions, irregularities, weaknesses or deficiencies to a higher-graded specialist/examiner and/or supervisor.Utilize computer software programs to perform analysis and generate applicable reports and documents.Attend meetings with FDIC officials, attorneys, representatives of financial institutions or other private sector representatives, and/or other federal and state regulatory agency officials to discuss issues of mutual concern when applicable, and under the guidance of higher-graded specialists/examiners and/or supervisors.Meet with and conduct interviews of institution personnel of various levels to determine their awareness of current laws and regulations, obtain information and documents, and provide feedback regarding examination activities.Prepare examination reports and related documents (examination scope memoranda, work papers, compliance examination reports, CRA performance evaluations, visitation reports, and consultation memoranda when applicable).Participate as members of the compliance examination team by ensuring that their portion of an examination is completed timely; communication with co-workers regarding work performed on an examination; and, sharing information with co-workers.At the FDIC, we are committed to personal and professional growth opportunities for all of our employees. Our FIS position includes both formal classroom and on-the-job training to ensure that you are equipped with the tools needed for success. As a FIS, you can also anticipate receive regular non-competitive grade and pay increases during the program as you complete established training benchmarks. SPECIAL ANNOUNCEMENTIf you are interested in pursuing this opportunity, we are currently accepting applications for select locations. As an applicant, you may select up to three of these locations for consideration. Please note: Starting salaries range from $53,355 to $73,430 per year, depending on location, with regular salary increases and an excellent vacation and benefits package.Successful applicants will start with the FDIC beginning in July 2020. Those positions are open to college and university students as well as recent graduates with majors in economics, accounting, finance, business administration, and related fields.How to Apply: If you wish to be considered for this position, you must apply through the FDIC’s online application system by clicking Apply Externally on this posting and being redirected to our website.Applications must be received no later than 11:59 p.m. Eastern Standard Time (EST) on March 26, 2020. Travel. Grow. Advance. Apply today!!