Financial Examiners

What Does a 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.

Day-to-Day Responsibilities

• 1Direct and participate in formal and informal meetings with bank directors, trustees, senior management, counsels, outside accountants, and consultants to gather information and discuss findings.
• 2Recommend actions to ensure compliance with laws and regulations, or to protect solvency of institutions.
• 3Prepare 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.
• 4Resolve problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts.
• 5Investigate activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.
• 6Review balance sheets, operating income and expense accounts, and loan documentation to confirm institution assets and liabilities.
• 7Plan, supervise, and review work of assigned subordinates.
• 8Review audit reports of internal and external auditors to monitor adequacy of scope of reports or to discover specific weaknesses in internal routines.

Required Skills

• Critical Thinking
• Reading Comprehension
• Active Listening
• Writing
• Speaking
• Monitoring
• Active Learning
• Mathematics
• ACL Analytics
• Auditing software
• Financial compliance software
• Financial transaction analysis software
• General Examination System GENESYS
• Investigation management software
• LexisNexis
• Microsoft Access
• Microsoft Excel
• Microsoft Office software

Financial Examiners Salary