Financial Institution Manager 14

Perform as regional supervisor responsible for the examination of insurance companies and other risk-bearing insurance entities (“insurance companies”), to determine financial solvency and compliance with Michigan insurance laws, regulations, orders of the Commissioner, and statutory accounting principles.

This posting is open to current employees of the Department of Insurance and Financial Services only.

 

Please attach a resume, cover letter, copy of official transcripts, and a two-page business writing sample discussing the risk-focused examination approach. Failure to attach the requested documents may result in your application being screened out.

 

DIFS is a Silver-Level Veteran-Friendly Employer, demonstrating its commitment to recruiting, training, and retaining veterans and their spouses.

For more information about this posting, click here (Download PDF reader)

 

Required Education and Experience

Possession of a bachelor's degree with a business major including completion of a business core curriculum consisting of one course each in finance, law, and management, one course in either marketing or economics, and 6 semester (9 term) credits in accounting. 

Four years of professional experience evaluating and determining safe and sound operating practices through examinations, visitations or investigations of state chartered depository or state licensed non-depository financial institutions in accordance with state and federal statutes equivalent to a Financial Institution Examiner, including two years equivalent to a Financial Institution Examiner P11 or one year equivalent to a Financial Institution Examiner 12.

Alternate Education and Experience

Possession of a bachelor's degree in any major. 

 

Four years of professional experience as a financial institution examiner or specialist for a federal financial regulatory agency, FDIC, a Federal Reserve Bank, NCUA, Office of the Thrift Supervision, Comptroller of the Currency, or other federal or out-of state financial regulatory agencies;

OR

Six years of an equivalent type of professional financial institution industry experience. Relevant industry experience varies by position and may include financial institution commercial credit analysis/underwriting, commercial lending, loan review, audit, compliance, and risk management, as well as oversight of such functions.

Additional Requirements and Information

Certain positions may be assigned selective position requirements and individuals appointed must possess the required specialized experience.

 

View the entire job specification at:

http://www.michigan.gov/documents/FinancialInstitutionsManager_12658_7.pdf (Download PDF reader)