Bank Examiner in Dallas, Texas Salary
A Bank Examiner in Dallas, Texas earns an average salary of $89,607 per year.
Job Description for Bank Examiner
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.Read More...
Many individuals in these positions work in teams, but some are more independent depending on the area and job specifics. These individuals may focus on a limited area or a large area requiring substantial travel. However, aside from traveling between institutions, the work is largely done in an indoor environment with minimal physical requirements.
Requirements for bank examiner jobs vary by position and company, but a bachelor's or master's degree in business, accounting, finance, or a related field is generally the minimum education required. Certifications such as a Certified Information Systems Auditor (CISA) or Certified Information Systems Security Professional (CISSP) designations are highly recommended. Work experience requirements usually start around three years in regulatory-related position, but some jobs have higher requirements based on pay or status. (Copyright 2017 PayScale.com)
Bank Examiner Tasks
- 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.
- 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.