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 2022

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Southeast Minnesota	70	10	$40.60/hr	$28.69/hr	$31.52/hr	$38.47/hr	$41.12/hr	$53.79/hr

Leading Industries for Financial Examiners

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Manufacturing	N/A	N/A
Financial Activities	2,220	$40.63/hr
Professional and Business Services	110	$51.81/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-
Minnesota	N/A	$41.17/hr	N/A
Duluth MN-WI MSA	N/A	$30.62/hr	N/A
La Crosse WI-MN MSA	N/A	N/A	N/A
Grand Forks ND-MN MSA	10	$44.23/hr	N/A
Northeast Balance of State	10	$39.20/hr	N/A
Mankato-North Mankato MN MSA	20	$47.68/hr	N/A
Rochester MN MSA	30	$40.16/hr	N/A
Southwest Balance of State	40	$38.95/hr	N/A
Northeast Minnesota	50	$30.62/hr	N/A
Northwest Minnesota	50	$40.41/hr	N/A
Northwest Balance of State	50	$40.94/hr	N/A
Southeast Balance of State	50	$37.12/hr	N/A
Southeast Minnesota	70	$38.47/hr	27.3%
Southwest Minnesota	70	$38.95/hr	21.3%
Fargo ND-MN MSA	110	$40.66/hr	N/A
St Cloud MN MSA	130	$30.76/hr	N/A
Central Minnesota	160	$30.76/hr	22.9%
Seven County Mpls-St Paul, MN	2,100	$46.63/hr	16.0%
Minneapolis-St Paul-Bloomington MN-WI MSA	2,120	$46.04/hr	N/A

Related Occupations

Occupations	Employment	Median Wage	Projections % Change 2020-2030
Accountants and Auditors	27,490	$38.67/hr	4.4%
Financial Managers	14,300	$64.41/hr	15.5%
Credit Analysts	1,750	$39.24/hr	-5.3%
Loan Interviewers and Clerks	4,500	$24.46/hr	-2.0%
Budget Analysts	480	$39.90/hr	3.1%
Data Scientists	1,320	$51.53/hr	N/A
Financial Specialists, All Other	1,780	$37.77/hr	N/A
Securities, Commodities, and Financial Services Sales Agents	7,530	$40.46/hr	6.7%
Actuaries	560	$55.99/hr	N/A
Tax Examiners and Collectors, and Revenue Agents	1,440	$31.90/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.