Summary
Quick Facts: Financial Examiners | |
---|---|
$74,940 per year
$36.03 per hour |
|
Bachelor’s degree | |
None | |
Moderate-term on-the-job training | |
29,300 | |
27% (Faster than average) | |
7,900 |
What Financial Examiners Do
Financial examiners ensure compliance with laws governing financial institutions and transactions. They review balance sheets, evaluate the risk level of loans, and assess bank management.
Work Environment
Most financial examiners worked for the finance and insurance industry, the federal government, or state governments. Most financial examiners worked full time in 2010.
How to Become a Financial Examiner
Financial examiners typically need a bachelor’s degree that includes some coursework in accounting. Entry-level examiners are trained on the job by senior examiners.
Pay
The median annual wage of financial examiners was $74,940 in May 2010.
Job Outlook
Employment of financial examiners is projected to grow 27 percent from 2010 to 2020, faster than the average for all occupations. New regulations will likely create a need for more examiners.
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O*NET
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Contacts for More Information
Learn more about financial examiners by contacting these additional resources.