Financial Institution Examiner II

Salary : See Position Description

Location : Island of Oahu

Job Type : Various

Job Number : CCA 25-01

Department : Commerce & Consumer Affairs

Opening Date : 07 / 01 / 2025

Closing Date : Continuous

Recruitment Information

This posting is for the State of Hawaii, Department of Commerce and Consumer Affairs, Division of Financial Institutions.

The permanent civil service position is located on Oahu (Downtown Honolulu).

Recruitment is continuous until needs are met and may close at any time.

Salary : $6043 to $7351 per month (SR-24, Step D to I)

Note : Hiring rates will be based on availability of funds, the applicant's qualifications, and other relevant factors.

Duties Summary

The Division of Financial Institutions provide for the chartering, licensing, registration, examination, supervision, and regulation of state-chartered or licensed banks, holding companies, international banking corporations, foreign banks, trust companies, savings banks, saving and loan associations, financial services loan companies, credit unions, interstate branches of out-of-state banks, escrow depositories, mortgage loan originators, mortgage loan originator companies, mortgage services, money transmitters, and small dollar consumer installment loan companies.

Financial Institution Examiners examine and investigate financial institutions such as banks, trust companies, savings and loan associations, industrial loan companies, credit unions, escrow depositories, small loan companies, small business investment companies, and other types of financial institutions, to determine the financial condition of the institution, evaluate its management and determine compliance with applicable laws, rules and regulations governing the conduct of these institutions. Financial Institution Examiners in State service are generally one of two types, involved either in field examinations of financial institutions or the review and investigation of administrative applications, off-site monitoring of financial institutions, and review and licensure of escrow depositories.

Minimum Qualification Requirements

To qualify, you must meet the following requirements :

Education : Graduation from an accredited four (4) year college or university with a bachelor's degree with at least twelve (12) semester credit hours in accounting and / or auditing subjects.

Substitution of Experience for Basic Education Requirement :

The following types of experience may be substituted for education on a year-for-year basis. To be acceptable, the experience must have been such scope, level and quality as to assure the possession of knowledge, skills and abilities comparable to those acquired in four (4) years of successful study while completing a college or university curriculum leading to a baccalaureate degree which included twelve (12) semester credit hours in accounting / auditing subjects.

The education or experience background must also demonstrate the ability to write clear and comprehensive reports and other documents; read and interpret complex written material; and solve complex problems logically and systematically.

Excess General or Specialized Experience or any other responsible administrative, professional or analytical work experience which did not require the knowledge and application of generally accepted accounting and / or auditing principles and practices, may be substituted for the Education Requirement on a year-for-year basis, providing the applicant can show that he / she has successfully completed at least twelve (12) semester credit hours at the baccalaureate level in accounting and / or auditing subjects from an accredited college or university.

General Experience : Two (2) years experience in any one or a combination of the following : (1) Professional accounting or auditing experience; or (2) Experience teaching accounting at the college or university level.

Specialized Experience : Two (2) years responsible professional experience which demonstrated knowledge of the business operations of a financial Institution(s), including the interrelatedness of various financial transactions and their effect on the overall condition of the institution. Examples of qualifying experience include : (1) Professional experience in reviewing, analyzing and recommending or approving loan applications or investments; (2) Professional experience in accounting or auditing related to the internal operations of a financial Institution which provided the knowledge describe above; (3) Professional experience in reviewing, analyzing and recommending or approving investments or other actions involving the properties or monies of others held in trust by the institution; (4) Professional accounting and / or auditing experience with an accounting firm where a substantial portion of the experience provided emphasis in auditing the business operations of financial Institutions; and (5) Professional experience which involved the technical supervision of any one of the several departments or activities of a financial institution (e.g., consumer loan department supervisor) which required an overall knowledge of the policies and procedures of the financial institution and which provided the knowledge described above.

Substitution of Education for Experience :

Bachelor's degree in accounting or a bachelor's degree with accounting and / or auditing course work equivalent to a bachelor's degree in accounting from an accredited college or university may be substituted for six (6) months of General Experience.

Master's degree in accounting, or a master's degree with accounting and / or auditing course work equivalent to a master's degree in accounting from an accredited college or university may be substituted for all of the General Experience.

Ph.D. degree in accounting, or a Ph.D. degree with accounting and / or auditing course work equivalent to a Ph.D. degree in accounting from an accredited college or university may be substituted for all of the General Experience.

Legal Authorization to Work Requirement : The State of Hawaii requires that all persons seeking employment with the government of the State shall be citizens, national, or permanent resident of aliens of the United States, or eligible under federal law for unrestricted employment in the United States.

Other Information

The State Recruiting Office will refer all inquires regarding this civil service recruitment to the Department of Commerce and Consumer Affairs.

HOW TO APPLY :

If you have any questions regarding this civil service recruitment or wish to apply for this position, then please send an email to to request for an application packet.

YOUR JOB BENEFITS WITH THE STATE OF HAWAI'I

The State of Hawaii offers its employees who are members of the civil service a range of benefits. Some benefits are offered as a result of collective bargaining agreements and changes may occur.

A summary of these benefits, which is based on full-time employment, is listed below.

Note : Benefits for NON-CIVIL SERVICE appointments will be provided by the hiring department at the time of interview.

With Civil Service modernization, effective July 1, 2002, employees appointed to temporary positions may also gain membership in the civil service upon satisfactory completion of an initial probation period of at least six months. As a temporary member of the civil service, you will be eligible to apply for promotion and transfer opportunities to permanent as well as other temporary positions. You may also enjoy other rights and benefits afforded to members of the civil service, with the exception of return rights and placement rights associated with a reduction-in-force of a permanent member of the civil service.

Paid Holidays

You may be eligible for 13 paid holidays each year; 14 holidays during an election year.

Paid Vacation

You may earn vacation leave at a rate that other employers find tough to match - 21 days each full year from the FIRST year of employment. This compares to an average of 10 days offered by private companies. You may accumulate up to a total of 90 days (720 hours) of vacation.

Paid Sick Leave

You may earn sick leave at the same rate as vacation - 21 days per year from the FIRST year, and there is no limit on the amount you can accumulate. Expectant mothers may also use sick leave for pre-natal or post-natal check-ups or any illness related to pregnancy. Plus, unused accumulated sick leave may eventually be used to increase your retirement benefits in certain situations.

Other Leaves

Reasonable time off with pay may be provided for jury or witness duty, a death in the family, some military duty, and donation to the Blood Bank. Leave sharing donations may be granted to eligible employees who have serious personal illnesses or injuries or need to care for a seriously ill or injured family member. Various leaves without pay may also be granted with full re-employment rights.

Health Insurance

The State pays a part of the premiums for each employee's enrollment in a State sponsored Medical, Drug, Vision, and Dental Plan. For more information, visit the Employer Union Trust Fund website www.eutf.hawaii.gov for coverage and options.

Group Life Insurance

The State provides a free life insurance policy for employees.

Retirement Plan

The State contributes to a retirement plan for eligible employees. Generally, employees under the Hybrid Plan with 10 years of credited service and who have reached 65 years of age or have 30 years of credited service and have reached 60 years of age may retire and receive benefits. To find out more about the options you have, go to

Premium Conversion Plan

Participating employees may increase their take-home pay by having the State deduct the cost of health care premiums before payroll taxes are withheld.

Flexible Spending Accounts

Eligible employees can reduce their federal and state income taxes and social security taxes through a tax-savings benefit program called Island Flex. This program allows employees to set aside money from their paychecks to pay for out-of-pocket health care expenses and eligible dependent care expenses on a BEFORE-TAX basis.

Transportation Benefits

Participating employees may increase their take-home pay by having the State deduct qualified transportation expenses (i.e. eligible parking fees, monthly bus passes for TheBus, fare coupons for The Handi-Van, Vanpool Hawaii participation fee, etc.) through pre-tax payroll deductions.

Deferred Compensation

The State offers employees a voluntary pre-tax retirement savings plan designed to give employees a tax break today and an opportunity to build a retirement nest egg through voluntary payroll deductions. Several types of investment options are available.

Temporary Disability Insurance

Qualified employees may be eligible to receive benefits for a disability caused by a non-work related injury or illness under this program.

Social Security

As an employer, the State also contributes to an employee's social security account.

Promotions & Transfers

For employees with membership in the civil service, the State offers promotion and transfer opportunities throughout the State Executive Branch.

Training & Continuing Education

The State supports developmental activities related to an employee's work. In many departments there are numerous in-service training opportunities available. Sabbatical leaves with pay are available for qualified employees.

Travel Expenses

The State may pay for certain business related travel expenses including mileage reimbursement for use of a personal car during work, airfare, meals and lodging expenses for trips to neighbor islands or out of state.

Incentive & Service Awards

The State has a program that recognizes employees for their years of service and provides cash awards for their superior accomplishments and other contributions that improve State operations.

Union & Collective Bargaining

Employees have the right to join the union for collective bargaining with the State and employee representation. Some employee unions provide discounts, insurance and other opportunities. Employees may also decide not to join a union, however, employees are required to pay union service fees unless the employee's job is excluded from collective bargaining.

The above information is solely intended as a summary of the benefits available to State of Hawaii employees and is subject to change. Whether or not you are entitled to a particular benefit will depend on your specific appointment and employment status (included, excluded, exempt, non-exempt). Please refer to the appropriate collective bargaining agreement or executive order and all applicable laws, rules, policies, or plan documents for further details. Nothing herein shall be deemed as creating an employment contract, promise of employment, promise of continued employment, or obligation of any kind on the part of the State of Hawaii.

CLICK HERE for more information on the State of Hawaii's Benefits At-A-Glance.

The State of Hawaii is an Equal Opportunity Employer

Revised 01 / 13