My work day consists of visiting branches in various locations. I review branch documents to ensure accuracy, engage in associate interactions with opening accounts, conducting customer transactions i.e deposits, withdrawals, payments etc., questioning branch associates on regulations and security procedures, and ensuring the branch is following policies and procedures.
CAREER
Financial Examiners
Overview
Salary Median (2020)
$81,410
Projected Job Growth (2019-2029)
+21% (much faster than the average)
Career
Roadtrip Nation Leaders in This Career
What Financial Examiners Do
Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.
Other Job Titles Financial Examiners May Have
Bank Examiner, Compliance Officer, Credit Union Examiner, Examining Officer
How Leaders Describe a Typical Day at Work
Work to model and analyze our Rewards Liability balance, comparing our actuals against our expected outlook, and analyzing any variances or trends.
Tasks & Responsibilities May Include
- Direct and participate in formal and informal meetings with bank directors, trustees, senior management, counsels, outside accountants, and consultants to gather information and discuss findings.
- Recommend actions to ensure compliance with laws and regulations, or to protect solvency of institutions.
- Prepare reports, exhibits, and other supporting schedules that detail an institution's safety and soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions.
- Resolve problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts.
- Investigate activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.
Education
Level of Education Attained by Financial Examiners
Most common level of education among people in
this career: Bachelor's degree (87%)
Bachelor's degree
Post-baccalaureate certificate
Master's degree
Majors Related to Career
Educational Paths Suggested by Leaders
Suggested Path
High School
Bachelor
Auditing
Suggested Path
High School
Bachelor
Finance, General
Bachelor
Economics, General
Additional Skills & Experiences That Can Help You Excel
I had customer service and cashier experience before having the opportunity to work for Capital One Bank. I have been working for this organization for 12 years now and have gained so much knowledge and skill. I have had multiple positions. Skills needed in my current position are great leadership and communication skills, and operational experience as well.
Communication, Excel and Powerpoint skills, presentation skills and teamwork.
Getting Started
Recommended First Step for:
High School Students
Like to do analysis and math, start to get interested in the stock and global markets, and hone your computer skills.
College Students
Everyone
This page includes information from theO*NET 26.1 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.
