Job: Manager of Examinations
Apply NowCompany: Virginia State Corporation Commission
Location: Richmond, VA 23223
Description:
Position Description
Manager of Examinations
Anticipated Starting Salary Range: $95,300 - $120,000
Starting Salary Commensurate with Qualifications and Experience
The State Corporation Commission (SCC or Commission) seeks a Manager of Examinations to join our Bureau of Financial Institutions (BFI). The SCC's BFI regulates depository financial institutions such as Virginia-chartered banks and related holding companies, savings institutions and related holding companies, and credit unions.
The job responsibilities of this position will include the following:
Preferred qualifications for this position include considerable professional experience in the regulation of financial institutions, experience leading and managing professional staff, and a bachelor's degree in Business Administration, Economics, Finance, or a related field. Some experience or educational background in auditing or risk management is preferred. Some experience with model risk programs is also preferred. A degree from the Graduate School of Banking is preferred but not required. Thorough knowledge of the operations and responsibilities of financial institutions and applicable state and federal laws and regulations is advantageous.
The ideal candidate will have the ability to: delegate responsibility and review results to ensure deliverables are met; make quality and timely decisions; drive organizational change initiatives; and maintain effective working relationships with SCC staff, industry personnel, the Virginia Legislature, other state and federal regulators, and the general public. Applicants must have the ability to lead, manage, train, coach, motivate, and develop professional staff. Excellent interpersonal and communication skills are essential.
SCC Information
The SCC offers its employees rewarding, impactful public-service work; work-life balance; and professional development opportunities. The SCC fosters a high-performing workforce with a commitment to diversity and inclusion, collaboration, and alignment with the SCC's mission and strategic goals. Core benefits provided to SCC employees include competitive health and life insurance programs, pre-tax spending accounts, leave programs, and paid state holidays. Employees participate in a state retirement plan with options for tax-deferred retirement savings including employer matching. The state funds a short and long-term disability program.
The SCC regulates various companies and industries in Virginia; therefore, to avoid any conflict, employees are required to sign a Conflict of Interest Form and must dispose of any stock they hold in a regulated company or dispose of any licenses or certificates they hold in any industry regulated by the SCC unless otherwise permitted. Employees also shall report employment of household members by a regulated company.
The SCC does not provide employer sponsorship. We use the E-Verify system to confirm identity and work authorization.
The SCC is an Equal Opportunity Employer. As a Virginia Values Veterans (V3) Certified Employer, we value and encourage veterans and members of the Reserves and National Guard to apply.
The information you submit must clearly demonstrate your experience and qualifications as they relate to this position. Interview consideration is based on the information submitted online. If requested, the SCC will provide reasonable accommodation to applicants in need of accommodation in order to provide access to the application and interview process. A background investigation is conducted on the selected candidate as a condition of employment.
This position is classified in the SCC Salary Structure as a Grade P-14 and is exempt from the provisions of the Fair Labor Standards Act (FLSA).
How To Apply
This position will remain open until filled; however, interested candidates are strongly encouraged to apply by February 13, 2025.
Qualified internal and external candidates are encouraged to apply. If you are an external candidate, apply by clicking the Apply button on this page . If you are an internal candidate, apply using eSCC (Oracle) - iRecruitment Employee Candidate.
Minimum Salary 95300.00 Maximum Salary 120000.00 Ad Close Date
Manager of Examinations
Anticipated Starting Salary Range: $95,300 - $120,000
Starting Salary Commensurate with Qualifications and Experience
The State Corporation Commission (SCC or Commission) seeks a Manager of Examinations to join our Bureau of Financial Institutions (BFI). The SCC's BFI regulates depository financial institutions such as Virginia-chartered banks and related holding companies, savings institutions and related holding companies, and credit unions.
The job responsibilities of this position will include the following:
- Planning, organizing, and directing examinations and the work of examiners for an assigned portfolio of banks;
- Monitoring the financial condition and performance of a portfolio of banks and monitoring developments in financial markets and industry trends relative to supervised financial institutions;
- Reviewing and editing reports of examinations;
- Preparing written recommendations and related documentation for regulatory action;
- Corresponding and communicating with BFI staff and other state and federal agencies regarding regulatory requirements, issues, joint or multi-state examinations, and other matters;
- Participating in the recruitment of bank examiners;
- Recommending, developing, implementing, and updating examination policies, procedures, and reports as needed;
- Managing, coaching, developing, training, and evaluating staff; and
- Performing related work as required.
Preferred qualifications for this position include considerable professional experience in the regulation of financial institutions, experience leading and managing professional staff, and a bachelor's degree in Business Administration, Economics, Finance, or a related field. Some experience or educational background in auditing or risk management is preferred. Some experience with model risk programs is also preferred. A degree from the Graduate School of Banking is preferred but not required. Thorough knowledge of the operations and responsibilities of financial institutions and applicable state and federal laws and regulations is advantageous.
The ideal candidate will have the ability to: delegate responsibility and review results to ensure deliverables are met; make quality and timely decisions; drive organizational change initiatives; and maintain effective working relationships with SCC staff, industry personnel, the Virginia Legislature, other state and federal regulators, and the general public. Applicants must have the ability to lead, manage, train, coach, motivate, and develop professional staff. Excellent interpersonal and communication skills are essential.
SCC Information
The SCC offers its employees rewarding, impactful public-service work; work-life balance; and professional development opportunities. The SCC fosters a high-performing workforce with a commitment to diversity and inclusion, collaboration, and alignment with the SCC's mission and strategic goals. Core benefits provided to SCC employees include competitive health and life insurance programs, pre-tax spending accounts, leave programs, and paid state holidays. Employees participate in a state retirement plan with options for tax-deferred retirement savings including employer matching. The state funds a short and long-term disability program.
The SCC regulates various companies and industries in Virginia; therefore, to avoid any conflict, employees are required to sign a Conflict of Interest Form and must dispose of any stock they hold in a regulated company or dispose of any licenses or certificates they hold in any industry regulated by the SCC unless otherwise permitted. Employees also shall report employment of household members by a regulated company.
The SCC does not provide employer sponsorship. We use the E-Verify system to confirm identity and work authorization.
The SCC is an Equal Opportunity Employer. As a Virginia Values Veterans (V3) Certified Employer, we value and encourage veterans and members of the Reserves and National Guard to apply.
The information you submit must clearly demonstrate your experience and qualifications as they relate to this position. Interview consideration is based on the information submitted online. If requested, the SCC will provide reasonable accommodation to applicants in need of accommodation in order to provide access to the application and interview process. A background investigation is conducted on the selected candidate as a condition of employment.
This position is classified in the SCC Salary Structure as a Grade P-14 and is exempt from the provisions of the Fair Labor Standards Act (FLSA).
How To Apply
This position will remain open until filled; however, interested candidates are strongly encouraged to apply by February 13, 2025.
Qualified internal and external candidates are encouraged to apply. If you are an external candidate, apply by clicking the Apply button on this page . If you are an internal candidate, apply using eSCC (Oracle) - iRecruitment Employee Candidate.
Minimum Salary 95300.00 Maximum Salary 120000.00 Ad Close Date