13-2061.00 Bright Outlook

Financial Examiners

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.

Career Cluster:Financial Services
Job Family:Business and Financial Operations
Job Zone:Job Zone Four: Considerable Preparation Needed
Industry:Finance and Insurance
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Technology Tools

Microsoft AccessMicrosoft ExcelMicrosoft Office softwareMicrosoft OutlookMicrosoft PowerPointMicrosoft WindowsMicrosoft ProjectMicrosoft SharePointRMicrosoft VisioMicrosoft WordSAP softwareStructured query language SQL

Key Tasks

  • 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.
  • Plan, supervise, and review work of assigned subordinates.
  • Review balance sheets, operating income and expense accounts, and loan documentation to confirm institution assets and liabilities.
  • Review audit reports of internal and external auditors to monitor adequacy of scope of reports or to discover specific weaknesses in internal routines.
  • Examine the minutes of meetings of directors, stockholders, and committees to investigate the specific authority extended at various levels of management.
  • Train other examiners in the financial examination process.
  • Establish guidelines for procedures and policies that comply with new and revised regulations and direct their implementation.
  • Review and analyze new, proposed, or revised laws, regulations, policies, and procedures to interpret their meaning and determine their impact.
  • Provide regulatory compliance training to employees.
  • Evaluate data processing applications for institutions under examination to develop recommendations for coordinating existing systems with examination procedures.
  • Review 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 recommend acceptance or
  • Verify and inspect cash reserves, assigned collateral, and bank-owned securities to check internal control procedures.
  • Confer with officials of real estate, securities, or financial institution industries to exchange views and discuss issues or pending cases.

Skills

Reading Comprehension
78%
Critical Thinking
78%
Speaking
75%
Writing
75%
Active Listening
75%
Complex Problem Solving
72%
Monitoring
72%
Judgment and Decision Making
72%
Mathematics
66%
Coordination
66%
Systems Analysis
66%
Active Learning
66%
Social Perceptiveness
66%
Systems Evaluation
66%
Time Management
63%
Management of Personnel Resources
63%
Instructing
60%
Learning Strategies
60%
Service Orientation
50%
Operations Analysis
47%
Negotiation
47%
Persuasion
47%
Quality Control Analysis
25%
Operations Monitoring
19%
Management of Financial Resources
19%
Programming
16%
Management of Material Resources
16%
Technology Design
10%
Science
6%
Operation and Control
6%
Installation
0%
Troubleshooting
0%
Repairing
0%
Equipment Selection
0%
Equipment Maintenance
0%

Knowledge

English Language
84%
Economics and Accounting
77%
Law and Government
56%
Mathematics
53%
Administration and Management
51%
Computers and Electronics
41%
Administrative
37%
Customer and Personal Service
34%
Education and Training
33%
Personnel and Human Resources
33%
Communications and Media
26%
Psychology
19%
Telecommunications
14%
Public Safety and Security
13%
Transportation
12%
Production and Processing
11%
Sociology and Anthropology
8%
Geography
8%
Sales and Marketing
8%
History and Archeology
7%
Engineering and Technology
6%
Philosophy and Theology
4%
Design
4%
Mechanical
3%
Foreign Language
3%
Therapy and Counseling
3%
Building and Construction
2%
Fine Arts
1%
Medicine and Dentistry
1%
Food Production
0%
Biology
0%
Chemistry
0%
Physics
0%

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Abilities

Written Comprehension
81%
Deductive Reasoning
78%
Oral Expression
78%
Inductive Reasoning
78%
Near Vision
75%
Problem Sensitivity
75%
Oral Comprehension
75%
Written Expression
75%
Category Flexibility
72%
Speech Recognition
72%
Speech Clarity
72%
Information Ordering
69%
Mathematical Reasoning
63%
Flexibility of Closure
53%
Selective Attention
53%
Number Facility
53%
Fluency of Ideas
50%
Speed of Closure
50%
Perceptual Speed
50%
Originality
50%
Memorization
44%
Far Vision
41%
Visualization
35%
Time Sharing
35%
Visual Color Discrimination
25%
Auditory Attention
22%
Hearing Sensitivity
19%
Finger Dexterity
19%
Trunk Strength
16%
Wrist-Finger Speed
10%
Depth Perception
6%
Arm-Hand Steadiness
3%
Manual Dexterity
3%
Reaction Time
0%
Static Strength
0%
Extent Flexibility
0%
Night Vision
0%
Sound Localization
0%
Stamina
0%
Explosive Strength
0%
Peripheral Vision
0%
Multilimb Coordination
0%
Spatial Orientation
0%
Speed of Limb Movement
0%
Dynamic Strength
0%
Control Precision
0%
Glare Sensitivity
0%
Gross Body Equilibrium
0%
Rate Control
0%
Dynamic Flexibility
0%
Response Orientation
0%
Gross Body Coordination
0%

Work Activities

Getting Information
93%
Evaluating Information to Determine Compliance with Standards
91%
Analyzing Data or Information
88%
Communicating with Supervisors, Peers, or Subordinates
87%
Making Decisions and Solving Problems
81%
Communicating with People Outside the Organization
79%
Establishing and Maintaining Interpersonal Relationships
77%
Working with Computers
77%
Organizing, Planning, and Prioritizing Work
77%
Identifying Objects, Actions, and Events
76%
Documenting/Recording Information
76%
Updating and Using Relevant Knowledge
75%
Processing Information
74%
Developing and Building Teams
68%
Interpreting the Meaning of Information for Others
67%
Judging the Qualities of Objects, Services, or People
66%
Coordinating the Work and Activities of Others
65%
Monitoring Processes, Materials, or Surroundings
64%
Coaching and Developing Others
60%
Developing Objectives and Strategies
57%
Guiding, Directing, and Motivating Subordinates
56%
Resolving Conflicts and Negotiating with Others
54%
Providing Consultation and Advice to Others
54%
Training and Teaching Others
54%
Scheduling Work and Activities
48%
Performing Administrative Activities
47%
Estimating the Quantifiable Characteristics of Products, Events, or Information
39%
Staffing Organizational Units
38%
Thinking Creatively
36%
Selling or Influencing Others
32%
Monitoring and Controlling Resources
26%
Assisting and Caring for Others
21%
Performing for or Working Directly with the Public
19%
Inspecting Equipment, Structures, or Materials
16%
Operating Vehicles, Mechanized Devices, or Equipment
15%
Controlling Machines and Processes
10%
Handling and Moving Objects
6%
Performing General Physical Activities
4%
Drafting, Laying Out, and Specifying Technical Devices, Parts, and Equipment
2%
Repairing and Maintaining Electronic Equipment
2%
Repairing and Maintaining Mechanical Equipment
0%

Work Context

E-Mail

How frequently does your job require you to use E-mail?

99%

Face-to-Face Discussions with Individuals and Within Teams

How frequently does your job require face-to-face discussions with individuals and within teams?

95%

Spend Time Sitting

How much does this job require sitting?

95%

Work With or Contribute to a Work Group or Team

How important is it to work with or contribute to a work group or team in this job?

93%

Contact With Others

How much does this job require the worker to be in contact with others (face-to-face, by telephone, or otherwise) in order to perform it?

90%

Indoors, Environmentally Controlled

How often does this job require working indoors in an environmentally controlled environment (like a warehouse with air conditioning)?

87%

Telephone Conversations

How often do you have telephone conversations in this job?

84%

Impact of Decisions on Co-workers or Company Results

What results do your decisions usually have on other people or the image or reputation or financial resources of your employer?

78%

Coordinate or Lead Others in Accomplishing Work Activities

How important is it to coordinate or lead others (not as a supervisor or team leader) in accomplishing work activities in this job?

76%

Importance of Being Exact or Accurate

How important is being very exact or highly accurate in performing this job?

75%

Work Outcomes and Results of Other Workers

How responsible is the worker for work outcomes and results of other workers?

69%

Determine Tasks, Priorities and Goals

How much freedom does the worker have in determining the tasks, priorities, or goals of the job?

65%

Time Pressure

How often does this job require the worker to meet strict deadlines?

65%

Written Letters and Memos

How frequently does your job require written letters and memos?

65%

Freedom to Make Decisions

How much decision making freedom, without supervision, does the job offer?

63%

Physical Proximity

To what extent does this job require the worker to perform job tasks physically close to other people?

61%

Frequency of Decision Making

How often is the worker required to make decisions that affect other people, the financial resources, and/or the image and reputation of the organization?

60%

Duration of Typical Work Week

Number of hours typically worked in one week.

59%

Deal With External Customers or the Public in General

How important is it to deal with external customers (as in retail sales) or the public in general (as in police work) in this job?

56%

Level of Competition

To what extent does this job require the worker to compete or to be aware of competitive pressures?

52%

Exposed to Sounds, Noise Levels that are Distracting or Uncomfortable

How often does this job require working exposed to sounds and noise levels that are distracting or uncomfortable?

46%

Conflict Situations

How frequently are there conflict situations the employee has to face in this job?

44%

Importance of Repeating Same Tasks

How important are continuous, repetitive, physical activities (like key entry) or mental activities (like checking entries in a ledger) to performing this job?

43%

Consequence of Error

How serious would the result usually be if the worker made a mistake that was not easily correctable?

34%

Dealing With Unpleasant, Angry, or Discourteous People

How frequently does the worker have to deal with unpleasant, angry, or discourteous individuals as part of the job requirements?

34%

Public Speaking

How frequently does your job require public speaking (one speaker with an audience)?

34%

Degree of Automation

How automated is the job?

33%

Spend Time Making Repetitive Motions

How much does this job require making repetitive motions?

27%

In an Enclosed Vehicle or Operate Enclosed Equipment

How often does this job require working in a closed vehicle or operate enclosed equipment (like a car)?

24%

Spend Time Standing

How much does this job require standing?

21%

Health and Safety of Other Workers

How much responsibility is there for the health and safety of others in this job?

18%

Spend Time Walking or Running

How much does this job require walking or running?

15%

Work Schedules

How regular are the work schedules for this job?

7%

Pace Determined by Speed of Equipment

How important is it to this job that the pace is determined by the speed of equipment or machinery? (This does not refer to keeping busy at all times on this job.)

6%

Spend Time Using Your Hands to Handle, Control, or Feel Objects, Tools, or Controls

How much does this job require using your hands to handle, control, or feel objects, tools or controls?

6%

Exposed to Extremely Bright or Inadequate Lighting Conditions

How often does this job require working in extremely bright or inadequate lighting conditions?

4%

Spend Time Bending or Twisting Your Body

How much does this job require bending or twisting your body?

4%

Exposed to Cramped Work Space, Awkward Positions

How often does this job require working in cramped work spaces that requires getting into awkward positions?

3%

Exposed to Contaminants

How often does this job require working exposed to contaminants (such as pollutants, gases, dust or odors)?

2%

Exposed to Very Hot or Cold Temperatures

How often does this job require working in very hot (above 90 F degrees) or very cold (below 32 F degrees) temperatures?

2%

Spend Time Kneeling, Crouching, Stooping, or Crawling

How much does this job require kneeling, crouching, stooping or crawling?

2%

Dealing with Violent or Physically Aggressive People

How frequently does this job require the worker to deal with physical aggression of violent individuals?

1%

Indoors, Not Environmentally Controlled

How often does this job require working in an environment that is not environmentally controlled (like a warehouse without air conditioning)?

1%

Spend Time Keeping or Regaining Balance

How much does this job require keeping or regaining your balance?

1%

Exposed to Disease or Infections

How often does this job require exposure to disease/infections?

0%

Exposed to Hazardous Conditions

How often does this job require exposure to hazardous conditions?

0%

Exposed to Hazardous Equipment

How often does this job require exposure to hazardous equipment?

0%

Exposed to High Places

How often does this job require exposure to high places?

0%

Exposed to Minor Burns, Cuts, Bites, or Stings

How often does this job require exposure to minor burns, cuts, bites, or stings?

0%

Exposed to Radiation

How often does this job require exposure to radiation?

0%

Exposed to Whole Body Vibration

How often does this job require exposure to whole body vibration (like operating a jackhammer or earth moving equipment)?

0%

In an Open Vehicle or Operating Equipment

How often does this job require working in an open vehicle or operating equipment (like a tractor)?

0%

Outdoors, Exposed to All Weather Conditions

How often does this job require working outdoors, exposed to all weather conditions?

0%

Outdoors, Under Cover

How often does this job require working outdoors, under cover (like in an open shed)?

0%

Spend Time Climbing Ladders, Scaffolds, or Poles

How much does this job require climbing ladders, scaffolds, poles, etc.?

0%

Wear Common Protective or Safety Equipment such as Safety Shoes, Glasses, Gloves, Hearing Protection, Hard Hats, or Life Jackets

How often does this job require wearing common protective or safety equipment such as safety shoes, glasses, gloves, hearing protection, hard hats or life-jackets?

0%

Wear Specialized Protective or Safety Equipment such as Breathing Apparatus, Safety Harness, Full Protection Suits, or Radiation Protection

How often does this job require wearing specialized protective or safety equipment such as breathing apparatus, safety harness, full protection suits, or radiation protection?

0%

Education

Bachelor's degree

87%

Post-baccalaureate certificate

9%

Master's degree

4%

Interests

Conventional

Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or hum

86

Enterprising

Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertis

62

Investigative

Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the f

42

Social

Work involves helping, teaching, advising, assisting, or providing service to others. Social occupations are often associated with social, health care, personal service, teaching/education, or religious activities.

28

Artistic

Work involves creating original visual artwork, performances, written works, food, or music for a variety of media, or applying artistic principles to the design of various objects and materials. Artistic occupations are often associated with visual arts,

0

Realistic

Work involves designing, building, or repairing of equipment, materials, or structures, engaging in physical activity, or working outdoors. Realistic occupations are often associated with engineering, mechanics and electronics, construction, woodworking, t

0

Work Styles

Attention to Detail
100%
Integrity
98%
Cautiousness
91%
Dependability
88%
Intellectual Curiosity
76%
Achievement Orientation
68%
Perseverance
67%
Stress Tolerance
60%
Self-Control
58%
Leadership Orientation
57%
Self-Confidence
57%
Initiative
50%
Sincerity
45%
Social Orientation
40%
Adaptability
35%
Cooperation
35%
Tolerance for Ambiguity
32%
Innovation
19%
Empathy
9%
Humility
7%

Work Values

Independence
78%
Relationships
67%
Achievement
61%
Recognition
56%
Working Conditions
56%
Support
50%

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