PAT IV Examiner

Serves the Depository Division of the Department of Financial Institutions for the State of Indiana. Examines the safety, soundness, and level of compliance of state chartered financial institutions; primarily banks and credit unions. Reports directly to the Regional Field Supervisor or Division Supervisor.

ESSENTIAL DUTIES/RESPONSIBILITIES

1. Compliance with the mentor based training program. 

Utilizes resource materials in preparing for and analyzing assigned areas. Takes an active role and is personally responsible in their own training. Provides timely information according to established policies and procedures to supervisor regarding training needs and assessment. Seeks and is open to feedback from all sources. 

Satisfactory compliance with training action plans developed by the Regional Field Supervisor is required.

2. Perform detail responsibilities as assigned.

Proficiently analyzes capital adequacy, profitability, and balance sheet in light of current levels, trends, and future prospects. Performs these areas with decreasing level of direct supervision and comment revision.

Performs an analysis of liquidity, investments, and sensitivity to market risk with direct supervision. Determines the adequacy of and identifies risk inherent in internal controls, policies, practices, and management information systems.

Demonstrates basic knowledge of computer applications used. Utilizes available technology to assist in analyzing financial institutions.

Demonstrates the ability to identify, apply and interpret laws, regulations and policies applicable to assigned areas as well as examination policies and procedures. Exhibits willingness to research and assist examination staff in resolving issues in the field.

Evaluates financial data and incorporates findings from management discussion to measure an institution’s performance.

Performs functions in a variety of situations. A PAT IV Examiner will be able to evaluate the most simplistic financial institution with a non-complex balance sheet structure. Applying laws, regulations and standards fairly across the spectrum of institutions regulated is required. 

A PAT IV Examiner is responsible for evaluating the condition of financial institutions through on- and off-site work performed to enable the Department to fulfill it's supervisory function effectively. Identifying risks present in the institution as well as developing trends to allow the Department to act proactively is required. A PAT IV has the responsibility to communicate examination/supervisory findings to management and the directorate of institutions, other Department staff members, and Federal counterparts.