Bank examiners are a type of financial auditor that functions as part of a control system in the financial market. Their main responsibility is to ensure that banks and similar financial institutions are operating in a way that is appropriately ethical and legal at all times. They do this using a set of standards and rules set by the government and by their company. Daily duties and responsibilities include various forms of monitoring and assessing bank performance, which often includes going through records to ensure compliance, communicating with employees of all ranks about various protocol and procedural questions, and conducting physical inspections. Records may come either in physical form or electronic form, so basic computer skills are often required.
Bank Examiner Tasks
Offer improvements and recommendations to the bank.
Inspect and evaluate records and reports to ensure compliance with regulations and laws and to determine the financial health and status of the bank.
Audit financial institutions including payroll records, hiring practices, handling of client requests, and the amount of cash in facility.
Prepare finding reports for managers, directors or board members.