FINANCIAL EXAMINER 3

Code: 54864 State Competitive Range: R26 (FY 2027) Work week NL: FLSA exemptOvertime table (4A:3, Appx. A)

Salary: $83,582.01 - $122,831.91/year FY 2027 schedule (last updated 2026-07-27)

Official job specification

The text below is the official specification published by the New Jersey Civil Service Commission. The plain-language summary and analysis above are derived from it by NJ Civil Service Navigator. Source: the official specification page at NJ CSC.

Definition

Under direction of a Financial Examiner 4 or other supervisor in the Department of Banking and Insurance, performs the more complex work involved in the examination of books, accounts and records of financial institutions and various organizations or persons chartered or licensed by the Department, or takes charge of the preparation of the examination report for small financial institutions and organizations; does related work.

Examples of work

• Performs the more complex work involved in the examination of not limited to, banks, savings and loan associations, mortgage brokers, and others.
• Performs the breakdown and physical count, check, or confirmation of the correctness of ownership, by the institution under examination, of each asset shown on the balance sheet; ascertains operating results, trends and policies.
• Prepares lists of the securities owned and collateral held to secure loans; examines supporting documents.
• Confirms the correctness of each liability shown on the balance sheet.
• Determines compliance with federal and State statutes and regulations.
• Reviews the records of the financial institutions under examination for evidence of self-dealing, relationships involving affiliated persons and interlocking relationships with other institutions.
• Confers with officials or directors on the financial institutions and operations and policies.
• May appear as a witness in administrative and/or judicial proceedings pertaining to statutory examinations or investigations.
• May supervise the staff and work operations involved in the examination of small financial institutions.
• Conducts special studies, investigations and examinations as required.
• Establishes and maintains essential records and files.
• Plans, organizes, and assigns the work of the organizational unit and evaluates employee performance and conduct, enabling the effective recommendation of the hiring, firing, promoting, and disciplining of subordinates.
• Prepares reports of examinations containing findings, conclusions, and recommendations.
• Will be required to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office or related units.

Education

Graduation from an accredited college or university with a Bachelor's degree in business administration, finance, economics or accounting including or supplemented by nine (9) semester hour credits in accounting.

Experience

Three (3) years of experience as a regulator examining or auditing regulated financial institutions or, accounting or auditing experience in a regulated financial institution including, but not limited to a bank, savings and loan association, and/or credit union.

License

Appointees will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.

Knowledge, skills and abilities

• Knowledge of accounting principles, methods, and practices.
• Knowledge of the types of financial records.
• Knowledge of the methods used to gather and analyze information.
• Knowledge of the methods used to audit, verify and reconcile financial records.
• Knowledge of the methods used to plan and conduct studies and surveys of financial institution.
• Ability to assess the financial institutions liquidity position.
• Ability to review, interpret and determine the accuracy of financial statements and reports.
• Ability to provide assignments and instructions to staff and evaluate their work performance.
• Ability to verify securities and other investments.
• Ability to evaluate investment activities.
• Ability to establish and maintain cooperative working relationships with those interested or involved in the work of the unit.
• Ability to act as a witness at hearings.
• Ability to evaluate the financial services of lending institutions
• Ability to interpret laws, rules and regulations and apply them to specific situations.
• Ability to establish and maintain financial records and files.
• Ability to prepare reports and correspondence.
• Ability to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.
• Ability to read, write, speak, understand, or communicate in English sufficiently to perform the duties of this position. American Sign Language or Braille may also be considered as acceptable forms of communication.
• Persons with mental or physical disabilities are eligible as long as they can perform essential functions of the job with or without reasonable accommodation. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.

Note

The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed.

Possession of a valid certificate as a Certified Public Accountant issued by the New Jersey State Board of Accountancy may be substituted for the above education.