Class Code: 00415
IOWA DEPARTMENT OF ADMINISTRATIVE SERVICES –
HUMAN RESOURCES
BANK ANALYST
DEFINITION
Conducts advanced
analysis/reviews of examinations and financial reports of state banks/holding
companies, reviews and analyzes bank and bank holding company applications and
recommends action, and assesses/monitors
assumed risks, develops accurate risk profiles and recommends monitoring
programs to ensure compliance with applicable laws, rules and regulations;
performs other duties as required.
The Work Examples and Competencies
listed are for illustrative purposes only and not intended to be the primary
basis for position classification decisions.
WORK EXAMPLES
Participates in
communicating the vision, mission, goals and objectives of the Division of
Banking and requiring compliance with the policies and procedures of the
Division.
Responsible for identifying
risks and assigning risk ratings for state banks and bank holding companies in
cooperation with the appropriate Regional Manager.
Participates in management
of the relationship of the Division with officers and employees of state banks
on an on-going basis.
Reviews examination plans
developed by Examiners-in-Charge.
Reviews bank examination
reports for conciseness, consistency and accuracy of CAMELS ratings and
recommendations of the examiners.
Responsible for identifying
problem banks and those which may become problem banks, developing action plans
for correction of deficiencies in the operation of state banks and directing
such action as may be necessary to correct such deficiencies.
Monitors the progress of
bank management in complying with all banks, bank holding company and trust
department examination reports and all action plans developed to resolve
problems and reduce risks.
Responds to consumer
questions and complaints concerning banks.
Performs research and
prepares reports and other information concerning a variety of subjects
relating to economic conditions and activity, risk resolution, the financial
services business, bank regulations, etc.
Schedules, conducts and
participates in meetings with bankers, accountants, attorneys, examiners and
others as requested.
Responsible for carrying
out the application process by responding to inquiries of potential applicants
and by preparing financial summaries and recommendations to the Superintendent
of Banking for disposition of applications to organize new state banks, and by
state banks to merge, consolidate, establish branches, change locations, etc.
Participates in meetings with
bankers, accountants, attorneys, examiners and others relating to the
examination, supervision and regulation of state banks and proposals to
organize new state banks and by state banks to merge, consolidate, establish
bank offices, change locations, etc.
Manages special projects
and serves in specialized roles as requested.
COMPETENCIES REQUIRED
Knowledge of banking laws,
rules, regulations and policies of the Iowa Division of Banking.
Knowledge of the risks
affecting the safety and soundness of banks and bank holding companies and bank
examination and reporting procedures and standards.
Ability to analyze and
interpret bank accounting and financial data using demonstrated attention to
detail to appropriately apply laws, rules and regulations relating to banks and
banking.
Ability to use word
processing and spreadsheet software and web-based computer applications.
Ability to make sound
judgments and decisions and to evaluate facts, situations and circumstances in
an objective manner.
Displays high standards of
ethical conduct. Exhibits honesty and
integrity. Refrains from theft-related,
dishonest or unethical behavior.
Works and communicates with
internal and external clients and customers to meet their needs in a polite,
courteous, and cooperative manner.
Committed to quality service.
Displays a high level of
initiative, effort and commitment towards completing assignments
efficiently. Works with minimal
supervision. Demonstrates responsible
behavior and attention to detail.
Responds appropriately to
supervision. Follows policy and
cooperates with supervisors.
Aligns behavior with the
needs, priorities and goals of the organization.
Encourages and facilitates
cooperation, pride, trust, and group identity.
Fosters commitment and team spirit.
Expresses information to
individuals or groups effectively, taking into account the audience and nature
of the information. Listens to others
and responds appropriately.
EDUCATION, EXPERIENCE, AND SPECIAL REQUIREMENTS
Graduation from an
accredited four-year college or university with a bachelor’s degree in
accounting, business education, real estate, business administration, economics
or finance and five years of work experience in field auditing, accounting,
banking, or examining financial institutions;
OR
an
equivalent combination of education and experience substituting one year of the
required experience for each year (thirty semester hours is equivalent to one
year) of the required education to a maximum substitution of four years;
OR
employees with current continuous experience in the
state executive branch that includes experience equal to five years of
full-time work as a Bank Examiner.
NECESSARY SPECIAL REQUIREMENTS
Incumbents in these
positions may be required to travel and stay out overnight. Incumbents will be required to make
arrangements on their own regarding transportation to and from assigned work
areas. Some out of state travel may be
required as assigned by the agency of employment. Selected positions may require incumbents to
provide their own means of transportation in order to conduct state business.
NOTE:
Positions in this class are exempt from the screening
and referral requirements of the Iowa Department of Administrative Services –
Human Resources Enterprise. Apply
directly to the Department of Commerce, Division of Banking.
Effective
Date: 04/08 SH