Financial Examiner  What They Do

Just the Facts

Financial Examiners Career Video

Enforces or ensures compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

This career is part of the Government and Public Administration cluster Governance pathway.

A person in this career:

  • Examines the minutes of meetings of directors, stockholders and committees to investigate the specific authority extended at various levels of management.
  • Reviews balance sheets, operating income and expense accounts, and loan documentation to confirm institution assets and liabilities.
  • Directs and participates in formal and informal meetings with bank directors, trustees, senior management, counsels, outside accountants and consultants to gather information and discuss findings.
  • Establishes guidelines for procedures and policies that comply with new and revised regulations and direct their implementation.
  • Recommends actions to ensure compliance with laws and regulations, or to protect solvency of institutions.
  • Reviews applications for mergers, acquisitions, establishment of new institutions, acceptance in Federal Reserve System, or registration of securities sales to determine their public interest value and conformance to regulations, and recommends acceptance or rejection.
  • Plans, supervises, and reviews work of assigned subordinates.
  • Resolves problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts.
  • Trains other examiners in the financial examination process.
  • Verifies and inspects cash reserves, assigned collateral, and bank-owned securities to check internal control procedures.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Exposed to hazardous situations involving possible injury such as cuts, bites, stings, and minor burns more than once a month
  • Work in this occupation requires being inside most of the time
  • Work in this occupation involves sitting more than one-third of the time

Working in this career involves (physical activities):

  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Irregular hours
  • Overnight travel

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Bank Secrecy Act Anti-Money Laundering Officer (BSA/AML Officer) --
  • Community Reinvestment Act Officer (CRA Officer) --
  • Credit Union Examiner --
  • Credit Union Field Examiner --
  • Examining Officer --
  • Home Mortgage Disclosure Act Specialist (HMDA Specialist) --
  • Principal Examiner --
  • Senior Capital Markets Specialist --
  • Senior Examiner --
  • Supervisory Examiner --