Financial Services Examiner-Trust
Iowa Department of Administrative Services
Financial Services Examiner-Trust
Print (https://www.governmentjobs.com/careers/iowa/jobs/newprint/5054254)
Financial Services Examiner-Trust
Salary
$72,238.40 - $146,369.60 Annually
Location
State of Iowa - See Job Description, IA
Job Type
Full-time
Job Number
26-00488
Agency
213 Department of Insurance & Financial Services - Banking
Opening Date
08/22/2025
Closing Date
10/6/2025 11:59 PM Central
LinkedIn Tag
#LI-DNP
Point of Contact
idobjobs@iowa.gov
To Apply
Please send a cover letter, résumé, completed application form, and transcript to IDOBJobs@iowa.gov by 4:30 p.m. Monday, October 6, 2025. Please include the phrase “Trust Examiner Position” in the email subject line. The Application link can be found in the posting below.
+ Description
+ Benefits
Job Description
This is a non-merit position. Candidates must follow the instructions in the "To Apply" section. Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise.
Iowa Division of Banking – Trust Examiner
The Iowa Division of Banking (IDOB) is seeking candidates for a trust examiner. The successful candidate will conduct examinations of trust departments at state regulated banks and one trust company. Significant travel – mostly within the state of Iowa – is required. As a result, central Iowa is the ideal location for the successful candidate. The job description can be found below.
The IDOB strives to be an employer of choice by supporting work-life balance and providing the training and development necessary to maintain high standards. We employ a collaborative management style and seek open communication with staff and between the IDOB and the entities we regulate. Applicants need to be team oriented with strong analytical and communication skills.
The Iowa Division of Banking is a state agency charged with the supervision and regulation of state-chartered commercial banks in Iowa. The trust examiner position provides a great opportunity for an individual to participate in trust examinations designed to assess the soundness of a financial institution’s trust department and its compliance with laws and regulations. The Iowa Division of Banking is committed to providing its employees with internal and external training opportunities to stay abreast of changes in regulations and the current challenges facing the banking and fiduciary industries.
Qualifications Required:
+ A degree from an accredited four-year college or university with a major field of study in accounting, banking, business administration, commercial or banking law, economics, finance, business education, or another business-related field; or at least two years of experience in auditing, accounting, banking, examining financial institutions or in an occupation which provides knowledge of accounting or auditing principles and practices. A Juris Doctor degree from an accredited law school qualifies.
+ A cumulative grade point average (GPA) of 3.0 or higher
+ A valid driver’s license (travel is required)
Salary commensurate with experience within State of Iowa pay grade 39(-06) (which starts at $72,238.40). The State of Iowa offers a competitive benefits package. Information regarding State of Iowa benefits may be found atBenefits_at_a_Glance.pdf (https://das.iowa.gov/state-employment/benefits-glance) .
Position Summary
As directed by the Chief Examiner, the successful candidate will conduct and direct examinations of Iowa state-chartered bank trust departments and one trust company. When not supervising/directing the examination, the employee assists in the examination of trust departments and one trust company. Work assignments are performed under the direction and review of the Chief Examiner, or his/her designee, a designated examiner-in-charge (regardless of grade level), or the central office. Work products submitted will be technically correct and require no significant changes. Resolves daily operating and administrative problems with a moderate level of supervision.
Duties and Responsibilities
+ Conducts the appraisal of trust department/company management and operations functions, audit quality, earnings and profitability, administrative compliance, and investment administration.
+ Identifies and addresses risk factors and causes, unsafe and unsound practices, and violations of laws and regulations that have affected or may affect the condition and soundness of the financial institution or trust company.
+ Assists in the examination of larger trust departments/company and may be responsible for segments of, or an entire examination component of the overall examination scope (i.e., Management; Operations, Internal Controls and Auditing; Earnings; Compliance; or Asset Management).
+ Develops and recommends corrections of weaknesses and deficiencies in institution operations, management, policies, or other areas subject to criticism.
+ Prepares and submits to the Chief Examiner confidential reports of examination that render a complete, concise, and factual presentation of the bank’s fiduciary affairs and conditions, within two weeks from the conclusion of the on-site examination.
+ Meets with officers and/or directors of financial institutions as needed to discuss examination findings, discuss corrective programs, and obtain commitments for correction of deficiencies.
+ As directed by the Chief Examiner, coordinates joint trust examination activities with other regulatory agencies as circumstances dictate.
+ Maintains knowledge by keeping abreast of developments in both trust legislation and the trust industry.
+ Assists in on-the-job training of trust examiners of lesser experience.
+ Provides feedback to the appropriate supervisory personnel on the performance of employees assigned to the employee at individual examinations.
+ Participates in, and may conduct, the examination of state-chartered bank trust departments and trust company for compliance with laws, rules, and regulations.
+ Serves on detail assignment to administrative office to perform other duties.
+ Conducts meetings as warranted with insured depository institution officials and/or boards of directors to discuss the findings of the examination, discuss corrective programs, and obtain commitments for correction of deficiencies.
+ Maintains confidentiality for all information provided by banks, trust company, federal regulators and Division of Banking staff.
+ Participates in the periodic review of examination procedures.
+ Provides summaries, both oral and written, of examination findings to trust and senior bank management as appropriate.
+ Makes visits to bank trust departments for specific supervisory purposes.
+ Participates in examinations with other examiners approximately 50% of the time, and conducts examinations as the only examiner approximately 50% of the time.
+ Performs other assignments as the needs of the Division of Banking dictate.
+ Travel, including overnight, is required.
To apply:
Please send a cover letter, résumé, completed application form, and transcript to IDOBJobs@iowa.govby 4:30 p.m. Monday, October 6, 2025. Please include the phrase “Trust Examiner Position” in the email subject line.
The IDOB’s employment application may be obtained here (https://idob.iowa.gov/media/14/download?inline)
The Division reserves the right to accept applications after October 6, 2025, if the position has not been filled, but candidates should submit their application materials before the deadline to ensure their application is considered.
Minimum Qualification Requirements
Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:
+ Graduation from an accredited four-year college or university with a degree in accounting, banking, business, real estate, administration, economics, finance, information technology, computer science, cybersecurity or a related field.
+ A total of four years of education (as described in number one) and/or full-time experience, where one year of full-time experience in accounting, auditing, banking, budgeting, assessment or computation of taxes, examining financial institutions or closely related financial functions (e.g., treasurer, comptroller, accountant, auditor, budget analyst, etc.) equals thirty semester hours of education.
Additional Qualification Requirements
Travel, including overnight travel, may be required for positions in this class. Employees must arrange transportation to and from assigned work areas.
Why Choose the State of Iowa?
At the heart of our commitment to excellence is a dedication to our most valuable asset – our employees. Discover the outstanding benefits that set us apart as an employer of choice.
Our Robust Benefits Package Includes:
Competitive Compensation:
Enjoy a competitive salary that reflects directly on your skills and expertise.
Keep in mind, your wage is just one part of your total compensation. Unlock the complete value of your employment with the State of Iowa by using our user-friendlyTotal Compensation Calculator (https://das.iowa.gov/media/3773/download?inline) .Gain insights into your comprehensive annual compensation, including salary and State-provided benefits.
Health and Wellness:
Prioritize your well-being with our comprehensive health plans, including medical, dental, and vision coverage. Enjoy the peace of mind knowing that the State of Iowa covers 90% of the premiums, providing you and your loved ones with excellent coverage at a remarkably low cost.
Retirement Planning:
We are proud to offer the Iowa Public Employees Retirement System (IPERS). A defined benefit plan, IPERS benefits are guaranteed for life, meaning once you retire, you will receive the same monthly benefit for the remainder of your life (once vested). We invest in your long-term financial well-being, so you can retire with peace of mind.Click here to learn more about IPERS (https://ipers.org/members) .
Paid Time Off:
Life is unpredictable, and at the State of Iowa, we understand the importance of work-life balance. Our leave policies, including paid holidays, vacation, and sick leave with unlimited accrual, ensure you have the flexibility you need for personal and family matters.
Professional Development:
Elevate your career with continuous learning opportunities. We support your growth through training programs, workshops, and tuition reimbursement.
Employee Assistance Program (EAP):
We care about your well-being beyond the workplace. Access confidential counseling, resources, and support through our Employee Assistance Program.
Diversity and Inclusion:
Be part of a diverse and inclusive workplace that embraces all backgrounds and perspectives. We believe diversity is a strength that drives innovation.
Join Us - Elevate Your Career:
Ready to elevate your career with the State of Iowa?Click here (https://iowa.attract.neogov.com/recruitment/p/benefits) to explore more about our unparalleled benefits and discover what makes us unique. Your success is our priority!
Employer
State of Iowa
Agency
213 Department of Insurance & Financial Services - Banking
Address
200 E Grand Ave, Ste 300
Des Moines, Iowa, 50309
Website
https://idob.iowa.gov
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