DEPT OF INSURANCE AND FINANCIAL INSTITUTIONS

The Department of Insurance and Financial Institutions licenses, monitors, investigates, examines, and ensures the safety and soundness of, regulated entities. The Department also helps resolve consumer complaints against financial-services and insurance entities; takes action in response to violations of law; encourages competition, innovation, and economic development; collects taxes and assessments that support State government operations; combats auto theft and insurance fraud through public awareness campaigns, and funding for law enforcement and dedicated prosecutors.

Our mission is to help Arizonans receive the benefits and protections to which they are legally entitled by enforcing insurance and financial institutions laws by providing information and assistance and to combat vehicle theft.

Senior Financial Institutions Examiner

Job Location:

100 N 15th Ave

 Phoenix, AZ 85007

Financial Institutions Division

Posting Details:

Salary: $68,000-$73,000 

Grade: 22

Closing Date: 03/25/2026

Job Summary:

The Financial Institution Examiner - Senior will be responsible for performing professional work of unusual difficulty in the examination and analysis of the conditions and overall operations of financial institutions including conditions of credit, financial statements, internal controls, general operations and methods, trust operations; applies and interprets state and federal laws, rules and regulations; establishes priorities and scope of examination and analysis; writes final report of examination; conducts exit reviews with management and directors; calculates institutions' overall rating; investigates complaints received against licensees; develops cases involving violations of laws by licensees; and testifies as the expert witness at administrative hearings.

At this level the examiner possesses the knowledge and expertise to be considered an expert, able to train other examiners, carries out the full range of examination assignments and normally is assigned the most difficult, complex examinations. Work is carried out with little or no supervisory intervention and often includes the direction of subordinate staff.

This position may offer the ability to work remotely, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State’s Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, should be performed within Arizona unless an exception is properly authorized in advance.

Job Duties:

• Examining complex records, accounts and securities portfolios of licensees; Verifying that proper and lawful procedures are being followed, that securities are appropriate for licensee being examined and that loan portfolio is of such quality to be considered a bankable asset.

• Reviewing financial documents used by licensee and verifies that financial accounting controls and figures are in compliance with state and federal laws. Directing, instructing, and counseling subordinate examiners in carrying out a variety of tasks and reviews theirs work products.

• Writing detailed reports based on examination, analysis and evaluation of data pertaining to specific licensees in accordance with established procedures and format. Conducting exit reviews with to explain the details of the examinations. Conducting field investigations relating to reported violations or irregularities in business or practice; interviewing complainants and other, examines evidence, recommends actions and writes detailed investigative reports.

• Examining department files and other data prior to examination of business records to determine scope of examination needed.

• Analyzing financial statements of licensees in order to make determinations on compliance with state laws and regulations. Composing detailed report of examinations, and appropriately rating banks and credit unions on Capital, Asset Quality, Management, Earnings, Liquidity and Sensitivity to Market Risk components, as well as assigning a composite rating.

Knowledge, Skills & A