DETAILED OCCUPATION DATA
13-2061 Financial Examiners
Occupational Description:
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.| Percentiles | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Minnesota | 660 | 48 | $40.40/hr | $2.18/hr | $21.82/hr | $27.83/hr | $36.50/hr | $50.67/hr | $66.30/hr |
| U S | 28,060 | 589 | $40.91/hr | $0.70/hr | $21.00/hr | $27.40/hr | $36.81/hr | $51.89/hr | $68.29/hr |
| *SE = Standard error, a measure of the statistical reliability of the estimate. | |||||||||
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| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change 2010 - 2020 | |
| Accountants and Auditors | 1,390 | $26.17/hr | 8.2% |
| Financial Managers | 730 | $45.59/hr | 6.6% |
| Chief Executives | 560 | $64.99/hr | 3.2% |
| Education Administrators, Elementary and Secondary School | 390 | $87,797/yr | 3.8% |
| Budget Analysts | 40 | $24.77/hr | N/A |
| Purchasing Agents and Buyers, Farm Products | 30 | $31.05/hr | 7.2% |
Tasks for Financial Examiners
- Investigates activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.
- Confers with officials of real estate, securities, or financial institution industries to exchange views and discuss issues or pending cases.
- Schedules audits and examines records and reports to determine regulatory compliance.
- Conducts or arranges for educational classes and training programs.
- Directs workers engaged in designing, writing, and publishing guidelines, manuals, bulletins, and reports.
- Reviews, analyzes, and interprets new, proposed, or revised laws, regulations, policies, and procedures.
- Recommends action to ensure compliance with laws and regulations or to protect solvency of institution.
- Reviews applications for merger, acquisition, establishment of new institution, acceptance in Federal Reserve System, or registration of securities sales.
- Determines if application action is in public interest and in accordance with regulations, and recommends acceptance or rejection of application.
- Establishes guidelines for and directs implementation of procedures and policies to comply with new and revised regulations.