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Credit Union Examiner

Company: US Government Other Agencies and Independent Organ
Location: Oakland
Posted on: June 9, 2021

Job Description:

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Duties

Summary

CUE salary ranges and travel required by location can be found here.

This position receives on-the-job training as a field examiner. The training assignments prepare you to manage, supervise, and conduct examinations for a district of federal and federally-insured state credit unions. For more information regarding the Career Highlights of a Credit Union Examiner, click here.

Learn more about this agency

Responsibilities

Credit Union Examiners plan, conduct, and complete examinations of federally insured and federally chartered credit unions. This includes analyzing credit union data to identify areas of concern, persistency of previous problems, and risk to the National Credit Union Share Insurance Fund (NCUSIF). Some examinations are completed independently by an examiner while other examinations require working as part of a team.

Credit Union Examiners at the CU-7 and CU-9 level are considered developmental positions. Individuals in these positions work under the close supervision of a Supervisory Examiner and are in a robust training program that includes:

  • classroom training covering accounting, communications, credit union operations, examination procedures, analysis techniques, and administrative subjects;
  • hands-on experience working with an on-the-job (OJT) trainer within his/her assigned district of credit unions;
  • reading assignments pertaining to the laws, regulations, policies and directives which govern the operation of federal and federally insured credit unions;
  • online training modules; and
  • progressively responsible work assignments.

Applicants may select up to three (3) duty locations in which you are willing to reside. Applicants are expected to reside close to their official duty station, normally within 40 miles. Where you live in relation to your official duty station MATTERS and more information can be reviewed by clicking here.

Travel Required

75% or less - Travel is required to visit assigned credit unions in the geographic area and to participate in regional team examinations, training events, and conferences.

Supervisory status

No

Promotion Potential

12

  • Job family (Series)

0580 Credit Union Examiner

  • Requirements

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Requirements

Conditions of Employment

  • Must be a U.S. Citizen.
  • Suitable adjudication of background/security investigation is required.
  • A trial period is required.
  • Mobility Agreement and Financial Disclosure forms are required.
  • Must complete the initial Minimum Qualifications Questionnaire.
  • Applicants must complete an assessment battery (i.e., Assessment Questionnaire and USA Hire Writing Assessment) via the USA Hire platform if notified to do so.
  • You will be required to sign a Pathways Program Participant Agreement.

Qualifications

The ideal candidate for this position will have a degree in accounting, business, or finance; is skilled in using information systems and technology; is skilled in preparing written communications; and has good interpersonal skills. Proficiency in additional languages is also desired.

MINIMUM QUALIFICATIONS

For all grade levels, if you are found to meet the minimum experience and/or education qualification requirements below, you will be required to complete a USA Hire assessment battery (i.e., Assessment Questionnaire and Writing Assessment). You must achieve a minimum passing score on the Writing Assessment to receive further consideration for the position. See "How to Apply" for further information.

To meet the minimum qualification requirements for the Grade CU-07, you must have one of the following (A, B, C, or D):

A. EXPERIENCE: One (1) full year of specialized experience equivalent to CU/GS-05 level (obtained in the public or private sector) that has equipped the applicant with the competencies (knowledge, skills, abilities) to successfully perform the duties of this position. This experience must have included preparing or analyzing financial statements and posting and/or balancing general ledger accounts in accordance with Generally Accepted Accounting Principles (GAAP) and auditing work involved with examination and appraisal of financial records or statements for completeness and internal accuracy in accordance with Generally Accepted Auditing Standards.

OR

B. EDUCATION (Superior Academic Achievement): Completion of a full 4-year course of study leading to a bachelor's degree or higher degree in economics, accounting, business, business administration, finance, marketing, or other directly related business field. This education must have included six (6) semester hours of course work in accounting (or equivalent courses) and three (3) semester hours of course work in introductory auditing* (or an equivalent course) for a total of nine (9) semester hours. For a more detailed description of qualifying accounting coursework, please see education section of this vacancy announcement. In addition to the above degree/course work requirement, you must also meet ONE of the definitions of Superior Academic Achievement listed below:

  • A grade-point average of "B" (a GPA of 2.95 or higher out of a possible 4.0) for all completed undergraduates courses or those completed in the last two years of undergraduate study.
  • A grade-point average of "B+" (a GPA of 3.45 or higher out of a possible 4.0) for all courses in your major field of study, or those courses in your major completed in the last two years of undergraduate study.
  • Rank in the upper one-third of your class in the college, university, or major subdivision.
  • Membership in a national honor society (other than freshman honor societies) recognized by the Association of College Honor Societies.

OR

C. EDUCATION (Graduate-level): One (1) full year (18 semester hours or 27 quarter hours or the number of units the school you attended considers equal to one full year) of graduate education in an accredited college or university in accounting, business, business administration (MBA), finance, marketing, economics or other directly related field. This education must have included or been supplemented by six (6) semester hours in accounting (or equivalent courses) and three (3) hours in introductory auditing (or equivalent course) for a total nine (9) semester hours. These courses may have been at the graduate or undergraduate level and a description of qualifying accounting coursework can be found in education section of this vacancy announcement.

OR

D. COMBINATION: A combination of graduate level education and experience described in "A" and "C" above. To combine education and experience, first take the number of semester hours or equivalent earned towards a graduate degree and divide by 18 semester hours or equivalent. Then take the number of months of full-time experience and divide by 12 months. Add the percentages together. The total must equal at least 100 percent to qualify.

To meet the minimum qualification requirements for the Grade CU-09, you must have one of the following (A, B, C, or D):

A. EXPERIENCE: One (1) year of specialized experience equivalent to CU/GS-07 level (obtained in the public or private sector) that has equipped the applicant with the competencies (knowledge, skills, abilities) to successfully perform the duties of this position. This experience must have included assignments involved in the examination and auditing of credit unions or financial institutions through detailed examinations of accounting documents to verify accuracy of computations and to ascertain that all transactions are properly supported and are in accordance with pertinent laws and regulations.

OR

B. EDUCATION (Graduate-level): Completion of two (2) full academic years of progressively higher graduate-level education, or a master's degree in an accredited college or university in fields such as accounting, business, business administration (MBA), finance, marketing, economics or other directly related academic field. This education must have included or been supplemented by six (6) semester hours in accounting (or equivalent courses) and three (3) semester hours in introductory auditing* (or an equivalent course) for a total of nine (9) semester hours. These courses must have been at the graduate or undergraduate level and a description of qualifying accounting coursework can be found in the education section of this vacancy announcement.

OR

C. CERTIFICATION: Possession of an active certificate as a Certified Public Accountant, obtained through written examination in a state, territory, or the District of Columbia.

OR

D. COMBINATION: A combination of education and experience described in "A" and "B" above. To combine education and experience, first take the number of semester hours or equivalent earned towards a graduate degree in excess of 18 semester hours and divide by 18 semester hours or equivalent. Then take number the number of months experience and divide by 12 months. Add the percentages together. The total must equal at least 100% to qualify.

YOUR RESUME MUST provide specific details as to how your experience meets the specialized experience and support your responses to the online questionnaire as described in the vacancy announcement. When describing your experience in your resume, please be specific. We will not make assumptions regarding your experience. Please ensure that your resume includes the grade (if you are a current or previous federal employee), month and year that you began and ended for each position held or that position may not be credited toward meeting the specialized experience requirement. Full-time employment will be assumed unless otherwise stated on your resume. Part-time employment will be prorated in crediting experience. Failure to provide details will result in an ineligible rating.

Your resume must also support your responses to the online questionnaire. Failure to provide support may result in a lower rating and/or you may be excluded from consideration. Your latest resume submitted for this vacancy announcement will be used to determine qualifications and supersedes previous submissions.

Education

PLEASE NOTE: To qualify based on the education qualification requirements listed in this vacancy announcement, you must complete those education requirements no later than August 31, 2021.

ACCOUNTING COURSEWORK:

To qualify based on education for a Credit Union Examiner position at the National Credit Union Administration (NCUA), your education must have included six (6) semester hours of course work in accounting (or equivalent courses) and three (3) semester hours of course work in introductory auditing* (or an equivalent course) for a total of nine (9) semester hours.

These courses may have been at the graduate or undergraduate level and must have included coursework that provided instruction in the following:

A. Basic accounting concepts and theories and the essentials of the accounting process (i.e., income determination and financial position; a fundamental understanding of the general ledger and subsidiary ledgers; evaluation of adjusting, closing, and correcting entries; analysis of financial statements and bank statement reconciliation; understanding of accrual and cash methods; awareness of Generally Accepted Accounting Principles);

AND

B. External financial reporting with emphasis on balance sheet valuations and their relationship to income determination;

AND

C. Principles of finance and their application to typical financial problems of business enterprises such as the measurement and disclosure problem associated with cash, receivables, fixed assets, and intangibles. Special emphasis on financial analysis, management of working capital, cost of capital, capital budgeting, long-term financing, dividend policy, and internal financing;

AND

D. Fundamental auditing concepts, such as, internal controls, separation of duties, independence of judgment, and verification of accounts; awareness of Generally Accepted Auditing Standards.

  • NOTE: Alternative Method To Meet Auditing Experience/Education Requirement: For applicants who do not possess the required auditing experience/education, NCUA will allow applicants an opportunity to complete the three (3) semester hours of course work in introductory auditing (or equivalent course) within ten (10) months after beginning employment at NCUA. This auditing course must provide instruction in the fundamental auditing concepts such as internal controls, separation of duties, independence of judgment, and verification of accounts; awareness of Generally Accepted Auditing Standards. The NCUA agrees to fund this course, if needed. Failure to successfully complete this course requirement within the required time period is cause for termination of employment at NCUA. The appropriate Regional Director may approve a waiver to extend the 10-month requirement (not-to-exceed a total of 18 months). Decisions are made on a case-by-case basis.

All education must be achieved by an accredited institution recognized by the U.S. Department of Education for it to be credited towards qualifications (particularly positions with a positive education requirement). Therefore, applicants must report only attendance and/or degrees received from schools by accredited institutions recognized by the U.S. Department of Education. Applicants may verify accreditation at the following website: Accreditation - All education claimed by applicants will be verified by OPM accordingly.

FOREIGN EDUCATION: Education completed outside the United States must be deemed equivalent to that gained in conventional/accredited U.S. education programs to be acceptable for Federal employment. For more information regarding Foreign Education, please click here.

RECENT GRADUATE PROGRAM ELIGIBILITY: To meet the Pathways Recent Graduates program requirements for this position, you must have graduated from a qualifying educational institution or program within two (2) years of the date you submit your application or will graduate no later than August 31, 2021.

ATTENTION VETERANS: A veteran, as defined in 5 U.S.C. 2108, who due to military service obligation, was precluded from applying to the Recent Graduates Program during any portion of the 2-year eligibility period shall have a full 2-year period of eligibility upon his or her release or discharge from active duty. In no event, however, may the individual's eligibility period extend beyond six (6) years from the date on which the individual completed the requirements of an academic course of study.

PROGRAM COMPLETION AND CONVERSION ELIGIBILITY: Program participants MAY be converted, without a break in service, to a term, career or career conditional appointment upon completion of program requirements. To be eligible for conversion, Recent Graduates must:-Complete two continuous years of work experience acquired through a Recent Graduate Program;-Complete 260 hours of formal interactive training;-Meet the qualification standards for the position to which the Recent Graduate will be converted;-Meet any NCUA specific requirements specified in the Participant's Agreement;-Demonstrate successful job performance that results in a rating of record of at least Fully Successful and a recommendation for conversion by the first level supervisor; and,-Be recommended for conversion by the first-level supervisor.

Keywords: US Government Other Agencies and Independent Organ, Oakland , Credit Union Examiner, Other , Oakland, California

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