Dept Banking – Financial Examiner I – II (Money Services Businesses (MSB))

Dept Banking – Financial Examiner I – II (Money Services Businesses (MSB)) (00049650)

Organization

: TEXAS DEPARTMENT OF BANKING

Primary Location

: Texas-Houston

Work Locations

:

Houston Regional Office

8588 Katy Freeway, Suite 345

Houston 77024

Other Locations

: Texas-Dallas

Job

: Business and Financial Operations

Employee Status

: Regular

Schedule

: Full-time Standard Hours Per Week: 40.00

Travel

: Yes, 50 % of the Time

State Job Code: 451U

Salary Admin Plan: N/A

Grade: 00

Salary (Pay Basis)

: 5,372.42 – 5,989.91 (Monthly)

Number of Openings

: 3

Overtime Status

: Non-exempt

Job Posting

: Apr 25, 2025, 9:35:12 PM

Closing Date

: May 26, 2025, 4:59:00 AM

Description

Working Title: Financial Examiner – Money Services Businesses (MSB)

State Classification: Financial Examiner I – II

Monthly Salary: Financial Examiner I: $5,372.42

Financial Examiner II: $5,989.91

(Salary and Classification Commensurate with Experience.)

Class No. / Sal Grp: U1100/U1102, EE00

Location: Houston or Dallas

FLSA Status: Non-Exempt

Overnight Travel: Extensive Travel – at least 50%

Mission:

The mission of the Texas Department of Banking is to ensure Texas has a safe, sound, and competitive financial services system.

General Description:

Financial Examiners perform highly responsible financial examinations of the MSB industry. Financial Examiners perform entry-level examinations to examinations of increasing complexity and responsibility. Work involves examining accounting records to ensure compliance with applicable statutes and regulations and reports to the Director of Non-Depository Supervision. Works under the guidance of other examiners, with limited latitude for the use of initiative and independent judgment.

Job Duties:

• Develops and maintains working knowledge and application of various reference materials including the Texas Finance Code, Texas Administrative Code, departmental memorandums, applicable federal regulations and MSB procedures.
• Assists with or conducts joint and independent examinations of MSB entities.
• Reviews and evaluates records to ensure compliance with applicable laws and regulations.
• Reviews files for compliance with recordkeeping requirements.
• Examines bank statements and other financial records.
• Reviews and evaluates the financial condition of the MSB license holder to ensure compliance with the statutory guidelines.
• Reviews and evaluates the internal controls associated with MSB operations.
• Determines the overall condition of the MSB license holder, assigns an overall uniform risk rating and presents conclusions and findings to regulated entity management.
• Prepares MSB examination reports.
• Achieves proficiency with Departmental approved computer applications and programs to accomplish job duties.
• Demonstrates leadership, organization, and time management skills.
• Prepares neat and orderly working papers to document examination procedures and to support findings.
• Participates in discussions on changes and improvements to examination procedures, rules, and laws and makes recommendations to Departmental management.
• Performs investigative, analytical, and administrative duties as assigned.
• Assists with team examinations.
• Assists with seizures of troubled or unlicensed entities as assigned.
• Performs monthly, quarterly, and annual examination scheduling projections to ensure entities are examined according to statute.
• Monitors own progress to ensure budgeted goals are met.
• Other duties as assigned.

Qualifications

Minimum Qualifications:

Education and Experience:

Financial Examiner I:

• Graduation from an accredited four-year college or university with major course work in finance, accounting, business administration, economics, or job-related field with a minimum of six hours, nine preferred, in accounting to include basic and/or intermediate accounting.

o Must have a minimum grade point average of 2.50 on a 4.0 scale for accounting hours.

o Must have a minimum overall grade point average of 2.75 on a 4.0 scale.

• A graduate degree in finance, accounting, business administration, economics, or job-related field may substitute for an undergraduate degree that is not business related.

Financial Examiner II:

• Same educational requirement as the Financial Examiner I
• One (1) year of experience in accounting or audit activities.
• Copy of official college transcripts must be submitted with your State of Texas Application for Employment.**

Preferred Qualifications:

• Bilingual in Spanish and English with the ability to communicate well, both verbally and in writing.
• Work experience in a financial institution, trust department or trust company, money service business or related field is desirable.

Additional Requirements:

• Position requires at least 50% overnight travel. During the initial probationary period, travel may exceed 75% to attend training.
• Must possess or obtain within 90 days of employment, a valid Texas Driver’s license. Satisfactory driving records are required for driving any vehicle to conduct agency business. Final applicants must certify that personally owned vehicles used for agency business have Texas minimum liability coverage and a valid state inspection.
• This position requires that the incumbent demonstrate strong personal financial responsibility and integrity.
• Applicants selected for an interview may be asked to complete a work style profile.
• Final applicants may be subject to an employment credit check, driving record check, and criminal background check.

Knowledge, Skills, and Abilities:

• Possess oral and written communication skills.
• Working knowledge in the use of personal computers, especially word processing and spreadsheet programs.
• Skill in performing mathematical and financial calculations.
• Skill in collecting, analyzing, and documenting research data.
• Skill in preparing accurate written reports on research findings.
• Ability to maintain effective working relationships with supervisors, co-workers, team members, regulated entity employees, and the public.
• Ability to be self-motivated and exercise initiative and independent judgment.
• Ability to learn moderately complex technical issues and maintain complex records.
• Ability to learn common accounting practices used in the MSB industry.
• Ability to learn to analyze financial statements, reports, records, and forms.
• Ability to read, comprehend and apply rules and statutes regulating the MSB industry.
• Ability to maintain confidentiality and handle sensitive information.

Physical & Cognitive Requirements:

The physical demands described here are represented of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position requires the incumbent to primarily perform sedentary office work; however, mobility (standing and walking) is routinely required to carry out some duties. It requires extensive computer, copiers, printers, telephone, and client/customer contact. The job also requires normal cognitive abilities requiring the ability to learn, recall, and apply certain practices and policies. It requires the stamina to maintain attention to detail despite interruptions. Marginal or corrected visual, speech and auditory requirements are required for reading printed materials and computer screens and communicating with internal and external customers.

This position requires:

• Regular and punctual attendance.
• Frequent use of personal computer, copiers, printers, and telephones.
• Frequent sitting.
• Frequent work under stress, as a team member, and in direct contact with others.
• Extensive travel: at least 50% overnight travel, in-state and out-of-state.

How to Apply:

To submit your application for employment, select Apply Online. Create and/or Login to your on- line applicant profile and electronically submit your State of Texas Application for Employment.

All applications must contain complete job histories, which includes job title, dates of employment, name of employer, supervisor’s name and phone number and a description of duties performed. If this information is not submitted, your application may be rejected because it is incomplete. Resumes do not take the place of this required information.

Applications Submitted through Work in Texas:

Applicants may submit applications through Work in Texas (WIT), however, applicants must complete the supplemental questions in CAPPS Recruit to be considered for the position. In order to complete the supplemental questions, please register and/or login to CAPPS Recruit and access your profile. Go to CAPPS Recruit to Sign In (Link: https://capps.taleo.net/careersection/ex/jobsearch.ftl?lang=en) .

Transcripts:

If education is used to meet the minimum requirements of the job posting, a copy of college transcript(s) issued from the registrar must be uploaded in CAPPS for your application to be considered complete. Foreign education credentials must be evaluated by a NACES or AICE member credential evaluation service. Please contact jobs@dob.texas.gov immediately if you are having difficulty uploading transcripts to your application.

Military Crosswalk: https://hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_AccountingAuditingandFinance.pdf

Remarks: State law prohibits any employee of the Department from being or becoming “directly or indirectly indebted to, or financially interested in an entity supervised or regulated by the Banking Commissioner.” See Texas Finance Code, Section 12.107. Those selected for an interview will be contacted by telephone. Final male applicants between the ages of 18 to 26 will be required to furnish proof of registration or exemption from registration with the selective service system.

E-Verify: This organization participates in E-Verify. This employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization.

The Texas Department of Banking is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, national origin, veteran status, age or disability in employment or the provision of services. A disabled individual requiring reasonable accommodation shall not be denied opportunity due to the disability. The applicant should contact Human Resources if reasonable accommodation is required during the application process at (512) 475-1345.

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