Occ. Code 0321250
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SENIOR TRUST EXAMINATION SPECIALIST, GRADE 23 |
0321250 |
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PRINCIPAL TRUST EXAMINATION SPECIALIST, GRADE 27 |
0321350 |
Classification Standard
Trust Examination Specialists perform targeted examinations of fiduciary activities and related operational and ancillary activities at supervised institutions and limited purpose trust companies. These positions are found only in the Banking Department.
DISTINGUISHING CHARACTERISTICS
SENIOR TRUST EXAMINATION SPECIALIST: full performance level; performs trust examinations at moderately large and complex institutions; assists in such reviews at the largest and most complex institutions.
PRINCIPAL TRUST EXAMINATION SPECIALIST: supervisory level; oversees examinations and reviews of the fiduciary activities at the largest or most complex supervised institutions and limited purpose trust companies; oversees Senior Trust Examination Specialists, Bank Examiners and Senior Bank Examiners.
RELATED CLASSES
Bank Examiners conduct in-depth examinations of financial institutions and other businesses regulated by the Banking Department either by on-site examination and review of institutions financial condition, operating procedures and management controls or, when assigned to one of the Departments office divisions, by review and analysis of examination reports and periodic financial reports submitted by various types of institutions in order to ensure that State-chartered financial institutions conduct their businesses safely and soundly and their policies and operations conform to the Banking Law and the Departments rules and regulations.
ILLUSTRATIVE DUTIES
SENIOR TRUST EXAMINATION SPECIALIST: conducts examinations and reviews of fiduciary activities, including discretionary and non-discretionary investment management, corporate and personal trusts, custody and related operational and ancillary activities at supervised institutions; assists in such reviews at the largest and most complex institutions; acts as examiner-in-charge of limited purpose trust companies; conducts and supervises reviews of private banking and global custody activities; may supervise Bank Examiners and Senior Bank Examiners engaged in trust examinations activities.
PRINCIPAL TRUST EXAMINATION SPECIALIST: performs examining activities similar to those of Senior Trust Examination Specialist but at the largest and most complex institutions; acts as examiner-in-charge at the examinations of the largest and most complex limited purpose trust companies; conducts and supervises reviews of complex or significant private, banking and global custody activities; and supervises Senior Trust Examination Specialists.
MINIMUM QUALIFICATIONS
SENIOR TRUST EXAMINATION SPECIALIST
Bachelor's Degree and five years of experience* in trust operations, trust administration, and fiduciary activities at a financial institution.
PRINCIPAL TRUST EXAMINATION SPECIALIST
Bachelor's Degree and seven years of experience* in trust operations, trust administration, and fiduciary activities at a financial institution.
*Experience must have been in a trust department, not in examining trust.
Revised: 6/12
NOTE: Classification Standards illustrate the nature, extent and scope of the duties and responsibilities of the classes they describe. Standards cannot and do not include all the work that might be appropriately performed by a class. The minimum qualifications are those which were required for appointment at the time the Classification Standard was written. Please contact the Division of Staffing Services for current information on minimum requirements for appointment or examination.