Occupational Employment Statistics

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.

Occupational Employment Statistics(OES) Wage Data
First Quarter 2023

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Central Minnesota	120	19	$32.83/hr	$24.45/hr	$24.45/hr	$31.52/hr	$39.32/hr	$43.64/hr

Leading Industries for Financial Examiners

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Manufacturing	N/A	N/A
Financial Activities	1,570	$42.00/hr
Professional and Business Services	300	$38.03/hr
Education and Health Services	N/A	N/A
Other Services	N/A	N/A
Public Administration	N/A	N/A

Other Regional Data for Financial Examiners

Geography	Employment	Median Wage	Projections % Change -10-
La Crosse WI-MN MSA	N/A	N/A	N/A
Rochester MN MSA	N/A	N/A	N/A
Northeast Balance of State	N/A	N/A	N/A
Southeast Balance of State	N/A	N/A	N/A
Southeast Minnesota	N/A	N/A	27.3%
Grand Forks ND-MN MSA	10	$45.51/hr	N/A
Mankato-North Mankato MN MSA	20	$46.84/hr	N/A
Southwest Balance of State	30	$41.64/hr	N/A
Duluth MN-WI MSA	40	$40.79/hr	N/A
Northeast Minnesota	40	$40.79/hr	N/A
Southwest Minnesota	50	$41.64/hr	21.3%
Northwest Balance of State	60	$42.90/hr	N/A
Northwest Minnesota	70	$42.90/hr	N/A
Fargo ND-MN MSA	90	$41.31/hr	N/A
St Cloud MN MSA	110	$31.52/hr	N/A
Central Minnesota	120	$31.52/hr	22.9%
Seven County Mpls-St Paul, MN	1,680	$45.75/hr	16.0%
Minneapolis-St Paul-Bloomington MN-WI MSA	1,700	$44.73/hr	N/A
Minnesota	2,120	$42.06/hr	N/A

Related Occupations

Occupations	Employment	Median Wage	Projections % Change 2020-2030
Accountants and Auditors	28,730	$37.36/hr	4.4%
Financial Managers	14,990	$65.23/hr	15.5%
Credit Analysts	1,930	$38.88/hr	-5.3%
Loan Interviewers and Clerks	5,160	$23.77/hr	-2.0%
Budget Analysts	330	$40.06/hr	3.1%
Data Scientists	1,600	$53.39/hr	N/A
Financial Specialists, All Other	1,460	$37.13/hr	N/A
Securities, Commodities, and Financial Services Sales Agents	8,560	$36.33/hr	6.7%
Actuaries	910	$53.10/hr	N/A
Tax Examiners and Collectors, and Revenue Agents	1,090	$33.14/hr	-2.5%

Task for Financial Examiners

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.
Plan, supervise, and review work of assigned subordinates.
Recommend actions to ensure compliance with laws and regulations, or to protect solvency of institutions.
Review balance sheets, operating income and expense accounts, and loan documentation to confirm institution assets and liabilities.
Train other examiners in the financial examination process.
Review audit reports of internal and external auditors to monitor adequacy of scope of reports or to discover specific weaknesses in internal routines.
Investigate activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.
Resolve problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts.
Evaluate data processing applications for institutions under examination to develop recommendations for coordinating existing systems with examination procedures.
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.