Job Posting: Regulatory Examiner

Department of Financial Protection and Innovation

Regulatory Examiner

$4,008.00 - $7,808.00 per Month

Final Filing Date: 1/28/2021

Job Description and Duties

Effective July 1, 2020, in response to the economic crisis caused by the COVID-19 pandemic, the Department of Human Resources implemented the Personal Leave Program 2020 (PLP 2020). State employees are subject to a 9.23% salary reduction in exchange for 16 hours per month of PLP 2020 leave credits. The salary information listed under “Position Details” does not reflect the reduction in pay.

The Department of Financial Protection and Innovation is recruiting for three (3) permanent, full-time Financial Institutions Examiner positions in the Division of Corporations' Financial Services Office, California Financing Law (CFL) Regulatory Unit. Positions to be located in the downtown Los Angeles office. This recruitment may be used to fill subsequent vacancies of these positions within the next 180 days.

Under the close supervision of the Financial Institutions Manager (FIM) and/or a lead Financial Institutions Examiner (FIE), the Regulatory Examiner performs examinations of entities licensed under the CFL and works with a lead FIE during their initial training and typically performs the less difficult examinations to ensure statutory compliance with applicable state and federal laws and regulations.

Plans, organizes, and conducts the less difficult regulatory examinations of companies licensed by the Department. Participates in providing referrals to enforcement for denial, bar and/or administrative actions, trust account shortages, fraud, misrepresentation, inadequate disclosures, overcharges, and predatory lending, etc. Obtains records and performs analysis of financial information and financial statements to determine compliance with appropriate laws. Conducts interviews with licensee’s management and collects and examines data to determine compliance with the regulations, rules and laws administered by the department.

Through training and development, assists FIE staff with portions of complex examinations of larger financial institutions and/or financial firms relating to the regulation and enforcement of applicable state and federal laws. Additionally, assists FIE in crew exams.

Prepares examination reports to document the examination work and support the basis for audit conclusions. Makes recommendations and makes written and oral presentations to management during and at conclusion of the examination. Discusses deficiencies, recommends corrective action and suggests improvements to internal controls or operations and prepares the Regulatory Examination Report that is provided to the licensee.

You will find additional information about the job in the Duty Statement.

Working Conditions

The Los Angeles office is located in the heart of the downtown financial district within walking distance to restaurants, transit, multiple parking options.

The position requires extensive travel within and outside of California to perform examinations. The position may require traveling to licensees and occasional travel to conferences, meetings, and training events. Travel is primarily done by driving, but also includes periodic air travel, periodic overnight travel, and occasional overtime.

Additionally, the incumbent must be willing to exercise flexibility and agility as well as be willing to telework (remote work) from home as needed. Telework is subject to DFPI’s Telework Program Policy.

Minimum Requirements

You will find the Minimum Requirements in the Class Specification.

Position Details

Job Code #:
Position #(s):
Working Title:
Regulatory Examiner
$4,008.00 - $7,808.00
CalHR has authorized the DFPI to pay candidates hired in at the Financial Institutions Examiner level (Range A) a hire above minimum (H.A.M.) rate of $4930.00.

# of Positions:
Work Location:
Los Angeles County
Job Type:
Permanent, Full Time
Work Shift:
8:00 a.m. - 5:00 p.m.
Work Week:
Monday - Friday

Department Information

The Department of Financial Protection and Innovation (DFPI) (formerly Department of Business Oversight) protects consumers and oversees financial service providers and products. The DFPI supervises the operations of state-licensed financial institutions, including banks, credit unions and money transmitters. Additionally, the DFPI licenses and regulates a variety of financial service providers, including securities brokers and dealers, investment advisers, payday lenders and other consumer finance lenders. The DFPI offers benefit packages, competitive salary, a robust training program and opportunities for advancement.  
Department Website:

Special Requirements

The position requires incumbents pass a Background Investigation prior to being hired. The Background Investigation may include Criminal Background, Fingerprinting, and a review of any governmental records. In addition, other available sources of background information may be reviewed prior to appointment.

Interested applicants must include a copy of their complete transcripts showing completion of required coursework. Foreign Degrees must provide Degree Evaluation to verify U.S. equivalency.

Application Instructions

Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.

Final Filing Date: 1/28/2021

Who May Apply

Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply.

Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process.
Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).

How To Apply

Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

Address for Mailing Application Packages

You may submit your application and any applicable or required documents to:

Department of Financial Protection and Innovation
Attn: Julie Nickles
Human Resources Office
2101 Arena Blvd.
Sacramento, CA 95834

Address for Drop-Off Application Packages

You may drop off your application and any applicable or required documents at:

Department of Financial Protection and Innovation
Julie Nickles
Human Resources Office
2101 Arena Blvd.
Sacramento, CA 95834
08:00 AM - 05:00 PM

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

  • Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
  • Resume is required and must be included.
  • Degree and/or School Transcripts
  • Statement of Qualifications - A Statement of Qualifications (SOQ) is a required document for this job posting. See the ADDITIONAL INFORMATION section below for details regarding your SOQ response. Resumes and cover letters do not take the place of the SOQ. 
Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Desirable Qualifications

In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:
  • Proficiency in Microsoft Excel, Word and Outlook;
  • Adaptability to changes like new software, updated procedures, re-scheduling of assignments, new tasks;
  • Detail-oriented; ability to compartmentalize audit findings.


State employees may be eligible for health, dental, vision and leave benefits, as well as retirement programs and other benefits. Benefit eligibility may depend on length of service and may be subject to collective bargaining agreements, which are contracts negotiated between the State of California and employee organizations that define employees’ wages, hours and conditions of employment. Other possible benefits include:
  • Alternate Work Schedules
  • Telework
  • Reimbursement Accounts

General State Employment Benefits and Protections

Click here to view more information about the outstanding benefits offered to State employees.

Additional Information

A Statement of Qualification (SOQ) is required for this job positing. A resume and/or cover memo do not take the place of the SOQ. Failure to submit the required document will disqualify you from moving forward to the interview.

The SOQ must be no more than two (2) typewritten pages using Arial 12-pt font, 1” margins and include your first and last name in the upper left-hand corner and the position you are applying for (Financial Institutions Examiner).

Please respond to the following:

1. Please list all college level courses taken on, and/or experiences related to, Auditing and Business Law. Cross-reference those courses and experience with your Transcript and Resume.

2. Provide a short overview of the California Financing Law.

Resume and cover letters do not replace a SOQ response.

Additional Filing Instructions

Applicants will need to take and pass the online FIE exam/assessment to be eligible to apply for vacant FIE positions. To be admitted into the FIE exam/assessment, applicants must meet the minimum qualifications (Four year Bachelor's degree in accounting, business administration, economics, finance, or a related business/management specialization or a minimum of 16 semester units of professional accounting courses in elementary and advanced or intermediate accounting, auditing, and cost accounting; and 3 semester hours of business law). The FIE exam/assessment can be found on the CalCareers website at

Once passing the online FIE exam/assessment, applicants will be eligible to apply for vacant FIE positions posted on the CalCareers website at: and on the DFPI’s website at:

Current or former state civil service employees may have lateral transfer eligibility to apply for vacant FIE positions and for questions regarding your employment history consult with your department’s Human Resources Office.

Please note: Do not include any personal information on your documents (SSN, DOB, etc), and/or do not provide any LEAP information.

Application (Std. 678) must be completed in detail to demonstrate the quality and breadth of work experience necessary to meet the minimum qualifications for this classification.

Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.

Application Methods:
Electronic (Using your CalCareer Account)
By Mail