BANK SENIOR EXAMINER

Position Number: [[22088723]] 
County: [[Pulaski]] 
Posting End Date: [[May 15, 2025]] 
Anticipated Starting Salary: [[$85,943]] 
[[Arkansas State Bank Department - Examination Division]] 

 

The mission of the Department of Commerce is to champion economic opportunities through strategic initiatives and an equitable regulatory environment that attracts and grows businesses, safeguards consumers, enhances workforce quality, and energizes our infrastructure, creating a better quality of life for all Arkansans.

 

 

The Arkansas State Bank Department is a division of the Arkansas Department of Commerce.  This Bank Examiner position is responsible for performing on-site examinations of Arkansas state-chartered banks. This position works under immediate supervision and is responsible for evaluating the adequacy of capital and earnings; the quality of assets; the competency of management (including compliance with federal and state laws and Bank Department rules and regulations, and the adequacy of the audit program and internal controls); the adequacy of liquidity and funds management; and the sensitivity to market risk of the institution's balance sheet and activities.

 

The Bank Department's main office is located in Little Rock, AR.  Additionally, the Bank Department operates satellite offices in both Springdale, AR, and Jonesboro, AR.  

 

• This position will be assigned to the Bank Department office located in Little Rock, AR.
• The Target Hire Date will be in July or August 2025.
• The posted salary represents the entry level salary for an applicant who meets the eligibility requirements for the Commissioned Senior Examiner job title.
• Frequent in-state overnight travel is required.
• Please attach a copy of your college transcript to your application.  In addition, an ORIGINAL transcript must be brought with you if you are selected for interview.

Position Information

Class Code: A106C

Grade: GS10

FLSA Status: EXEMPT

Salary Range: $56,039.00 - $89,383.00

Summary

The Bank Senior Examiner is responsible for conducting examinations, visitations, and/or investigations of state chartered banks and financial institutions. This position is governed by Generally Accepted Accounting Principles (GAAP), state and federal laws, and agency/institution policy.

Functions

Examines internally prepared statements and supplemental schedules to ensure the financial institution is earning appropriate return on its assets and capital and to verify the safety and soundness of the financial institution. Evaluates operational procedures to ensure proper internal controls and segregation of duties, and ensures bank is adhering to existing Generally Accepted Accounting Principles, Regulatory Accounting Procedures, and agency, state, and federal rules, regulations, and laws. Assists agency in establishing guidelines for procedures and policies that comply with new and revised regulations and oversees implementation. Analyzes the financial institution's liquidity and capital position and determines if the bank has adequate liquid funds to meet deposit withdrawals, operating needs, and consumer loan demand. Calculates various financial ratios pertaining to the financial institution's capital, assets, equity, and liquidity, and evaluates management of effectiveness and control to classify risk factors and assign regulatory ratings. Serves as examiner in charge of any financial institution, and analyzes loans, loan collateral, lending policies, dividends, and fixed asset requests of the institution. Develops a written assessment of the overall condition of an institution for regulators and the bank's management to utilize as an analytical tool. Prepares investigative reports for various applications filed by banks and processes and analyzes individual self examination reports for all banks for monthly trends and comparative purposes. Responds to inquiry requests from consumers, bankers, and other examiners, regarding regulatory interpretation and general banking issues. Performs other duties as assigned.

Dimensions

Extensive overnight travel on a frequent basis and attendance of senior and management schools conducted by the Education Foundation of State Bank Supervisors and other regulatory agencies are required.

Knowledge, Skills and Abilities

Knowledge of financial and banking principles. Knowledge of state and federal banking rules, regulations, and laws. Knowledge of bank op