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SD Division of Banking – Financial Institution Examiner

SD Division of Banking – Financial Institution Examiner

Location: Sioux Falls or Pierre, SD

Salary: $27.86 - $29.25 per hour, depending on qualifications

Closing Date: Open Until Filled

This is a full-time, 40 hours/week, position with the South Dakota Division of Banking, part of the Department of Labor & Regulation. The Division of Banking (https://dlr.sd.gov/banking) regulates the state’s banking, trust, and financial services industries to assure that our citizens have confidence in our state’s financial markets and services. We are seeking inquisitive individuals with analytical and communication skills to join our team of professional Bank, Trust Company, and Financial Services Examiners in Pierre or Sioux Falls.

As part of a team, examiners:

  • determine the financial condition of state-chartered or licensed companies;
  • evaluate adequacy of company internal control procedures;
  • determine compliance with state and federal statutes and rules;
  • evaluate investment portfolios and decision-making to determine suitability;
  • review and evaluate the oversight and governance structure of companies;
  • make recommendations on findings; and,
  • investigate consumer complaints related to supervised companies.

The ideal candidate will have:

  • At least a bachelor’s degree in trust, banking, finance, accounting, or a related field, with an advanced degree preferred. Professional experience that leads to mastery of the following knowledge and abilities will be considered.
  • Knowledge of accounting and auditing principles and procedures; the organization of companies; financial work environments; state and federal statutes and regulations; and Microsoft Office products and management information systems.
  • Skill to communicate effectively; gather, interpret, report, and use financial information; understand and interpret federal and state trust regulations; effectively manage time and prioritize tasks.

Examiners at the Division of Banking enjoy regular on-the-job internal and external training, pay advancements, positive working environments, personal growth, and opportunities for certifications and advancement.  Additionally, state employees are offered strong retirement, insurance, holiday, and vacation, sick, and family leave benefits.

Must apply online:  https://gen-stateofsouthdako-trn.inforcloudsuite.com/hcm/xmlhttp/shorturl.do?key=476.

Application requirements: a letter of interest, resume, post-secondary transcripts, and a writing sample.

Successful applicant(s) will be required to undergo a background investigation. An arrest/conviction record will not necessarily bar employment.

This position is exempt from the Civil Service Act.  This position is eligible for Veterans’ Preference per ARSD 55:10:02:08.


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