Claims Examiner, Sr. jobs in Frankfort, KY

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6/4/2023 (8:00 PM EDT)

23-04604

Financial Institutions Examiner I

Employment Type

EXECUTIVE BRANCH | FULL TIME ELIGIBLE FOR OVERTIME PAY | 18A | 40.0 HR/WK

Hiring Agency

Public Protection Cabinet | Department of Financial Institutions

Location

500 Mero St
Frankfort KY 40601 USA

The agency may authorize the selected candidate to telecommute. The agency may terminate or modify the telecommuting arrangement at any time.

Description

The Kentucky Department of Financial Institutions is responsible for supervision of the Financial Services Industry and for chartering, licensing and registering various financial institutions, securities firms and professionals operating in the state of Kentucky. To accomplish this mission, the Department of Financial Institutions conducts examinations of state regulated financial entities through its Division of Depository Institutions, Division of Non-Depository Institutions and Division of Securities.

This position will conduct examinations to protect Kentucky citizens from financial fraud and to ensure compliance with both state and federal statutes and regulations. Work in this position includes investigating new license applications for Non-Depository entities, as well as renewal applications and business amendments. The candidate selected for this examiner role will communicate regularly with industry representatives and other regulators during the application process. Extensive training is offered, both internally and externally, through on-site and off-site venues.

The position offers a competitive compensation package, retirement contributions, flexible work schedules and learning opportunities.

The ideal candidate will have strong verbal and written communication skills, be highly self-motivated, self- directed, and have good analytical skills.

Responsibilities include, but are not limited to, the following:

• Perform entry level licensing examinations;
• Learn appropriate procedures to process applications;
• Write reports and correspondence;
• Some travel is required for training purposes;
• Will attain entry level knowledge on analyzing data and statute interpretation of federal and state laws;
• Be prepared to meet with the manager/ legal staff to give examination findings;
• Be organized and timely with the submission reports and follow-up;
• Be self motivated;
• Other responsibilities as they arise.

Minimum Requirements

Working Conditions

Work is usually performed in the offices of the financial institution or securities entity being examined, reviewed, or investigated. Will require travel usually within a defined geographic "district". Travel outside one's district may be required periodically. Work may also be performed in the Department's central office or in one of its field offices.

Probationary Period

This job has an initial and promotional probationary period of 12 months, except as provided in KRS 18A.111.

If you have questions about this advertisement, please contact Jessica Sullivan at Jessica.Sullivan@ky.gov or 502-782-9095.

An Equal Opportunity Employer M/F/D