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MA Division of Banks Consumer Protection Examiner in Boston, Massachusetts

Duties and Responsibilities: (these duties are a general summary and not all inclusive): - Assist in the analysis of non-depository licensees including consumer finance, debtcollection, loan servicing, and money services businesses. - Analyze balance sheets, income statements, cash flow statements, and other financialdocuments to determine financial condition, conformance with generally acceptedaccounting principles, and compliance with applicable financial responsibility regulations. - Review policies and procedures, analyze financial documents and reports, and performanalyses on data collected in order to determine compliance with state and federalconsumer protection regulations, proper safeguards and internal controls. Prepare theExamination Report, evaluation of license application, or consumer complaint review, asassigned. - Communicate regularly with licensee management to facilitate the examination process anddiscuss potential findings/corrective actions. - Conduct a Compliance Management System review and apply the FFIEC ConsumerCompliance Rating System. - Assist in the preparation of sections of the Examination Report and detailed work papers inan accurate and timely manner. Confer with other state and federal agencies andaudit/consulting firms as part of the examination process. - Act as an examiner-in-charge of examinations by planning, organizing, and supervisingexaminations of less-complex licensees. - Conduct or participate in formal exit meetings and presentations to senior-levelmanagement. Presentations may include preparation of handouts and other materials forreview by management personnel. - Participate in formal and on-the-job training in order to develop and acquire the knowledge,skills, and abilities necessary to facilitate the examination process. - Other duties, as assigned or requested. Preferred Qualifications: - Experience in consumer finance, debt collection, loan servicing, or money servicesbusinesses. - Ability to read and interpret documents such as company financial statements, and toanalyze and summarize financial information. - Knowledge and experience with compliance with state and federal consumer protectionregulations including Bank Secrecy Act and Anti-money laundering laws and regulations,Truth in Lending, IT, right-to-cure, consumer disclosures, and MA Debt Collection PracticesAct and Regulation. - Familiarity with Compliance Management System reviews and application of the FFIECConsumer Compliance Rating System. - Familiarity of the proper oversight, training, monitoring and auditing of a financialcompany's compliance management system. - Strong written and oral communication skills, as well as analytical skills. - Demonstrated commitment to valuing diversity and contributing to an inclusive working andlearning environment.