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Trust Examiner

South Dakota State Government
Sioux Falls, SD Full Time
POSTED ON 6/9/2023 CLOSED ON 9/5/2023

What are the responsibilities and job description for the Trust Examiner position at South Dakota State Government?

PLEASE ATTACH THE ADDITIONAL REQUIREMENTS LISTED AT THE BOTTOM OF THIS PAGE

Job ID: 23485
Agency: Department of Labor and Regulation, Division of Banking
Location: Sioux Falls or Pierre
Salary: $52,500 annually
Pay Grade: GHZ
Closing Date: Open Until Filled

This is a Full-Time 40 Hour Weekly position with the Department of Labor and Regulation. For more information on the Department of Labor and Regulation, please visit https://dlr.sd.gov/.The South Dakota Division of Banking regulates the state’s banking, trust, and financial services industries to assure that our citizens have confidence in our state’s financial markets and services. We are seeking an inquisitive individual with analytical and communication skills to join our team of professional Bank and Trust Company Examiners in Sioux Falls.

Examiners at the Division of Banking enjoy:

Training – Effective on-the-job training is combined with annual off-site training at locations such as Hilton Head, SC; Arlington, VA; and Boston, MA; among others.
Pay Advancements – Salary increases are offered for successful work performance and completion of formal trainings.
Positive working environments – Enjoy having your own office while still working as part of a knowledgeable and supportive team.
Personal growth – Develop comprehensive knowledge of the financial industry while developing leadership and communication skills.

As part of a team, you will:

  • determine the financial condition of state-chartered trust companies;
  • evaluate adequacy of trust companies' internal control procedures;
  • determine compliance with State and Federal statutes related to trust companies and fiduciary services;
  • evaluate investment portfolios and decision-making to determine suitability;
  • review and evaluate the oversight and governance structure of companies;
  • make recommendations on findings;
  • investigate consumer complaints related to supervised trust companies.

Licenses and Certifications:


Bachelor’s Degree required.

Successful examiners will receive numerous certifications with internal promotional opportunities available.

The Ideal Candidate Will Have:

A bachelor's degree in trust, banking, finance, accounting, or a related field with an advanced degree preferred. Professional experience that leads to mastery of the following knowledge and abilities will be considered.

Knowledge of:

  • accounting and auditing principles and procedures;
  • the organization of trust companies;
  • financial and fiduciary work environments;
  • fiduciary principles;
  • trust-related statutes and regulations;
  • consumer protection statutes and regulations;
  • Microsoft Office products and management information systems.

Skill to:

  • communicate concisely and effectively with co-workers, financial institution personnel, and examiners from other agencies;
  • gather, interpret, report, and use financial information;
  • understand and interpret federal and state trust regulations;
  • effectively manage time and prioritize tasks.

Additional Requirements: To be considered, please attach your letter of interest, resume, post-secondary transcript, and a writing sample are required.

This position is exempt from the Civil Service Act.

Successful applicant(s) will be required to undergo a background investigation. An arrest/conviction record will not necessarily bar employment.

NCRC: If you possess a National Career Readiness Certificate, please submit the certificate with your application. For more information on how to acquire a National Career Readiness Certificate contact a South Dakota Department of Labor and Regulation Job Service Office. A certificate is not necessary to be considered.

The State of South Dakota does not sponsor work visas for new or existing employees. All persons hired will be required to verify identity and eligibility to work in the United States and complete an Employment Eligibility Verification, Form I-9. The State of South Dakota as an employer will be using E-Verify to complete employment eligibility verification upon hire.

The State of South Dakota offers employer paid health insurance plus eleven paid holidays, generous vacation, and sick leave accrual, dental, vision, and other insurance options, and retirement benefits. You can view our benefits information at https://bhr.sd.gov/job-seekers/work-for-state-government/. This position is a member of Class A retirement under SDRS.

Must apply online: https://sodakprod-lm01.cloud.infor.com:1443/lmghr/xmlhttp/shorturl.do?key=MJ2
You must apply online, emailed resumes or submissions will not be accepted.
South Dakota Bureau of Human Resources
Telephone: 605.773.3148 Email: careers@state.sd.us
http://bhr.sd.gov/workforus
"An Equal Opportunity Employer"




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