Bank examiners are part of a team that evaluates, interprets, and reports risks arising from the practices and policies of community banks and bank holding companies.
- A bachelor's degree in business or liberal arts.
- Demonstrated analytical skills.
- The ability to write clearly and concisely, and interact with individuals at all levels of an organization.
- A solid understanding of basic accounting procedures and financial analysis is strongly preferred.
- Be a U.S. citizen or have a permanent resident visa (Green Card) with a signed declaration of intent to become a United States citizen.
- Reviews focus on the safety and soundness of the financial institution or compliance with consumer laws and regulations.
- Examiners travel to the financial institution, meet with management and staff, review financial records, and analyze the data.
- Examiners summarize their analysis and make recommendations in a written report.
- New bank examiners also have the unique opportunity to present recommendations to senior management of the financial institution.
- Examiners are required to travel about 30 to 40 percent of the time. They participate in an extensive training program involving classroom and computer-based education as well as self-study.
- During their first three to five years with the Bank, examiners prepare for a commissioning exam administered by the Federal Reserve's Board of Governors.
- As examiners progress in their careers, they can focus on specialty areas, including information systems, trust, capital markets, or global-institution reviews.