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 |
| Rochester MN MSA | N/A | N/A | $37.86/hr | $1.48/hr | $32.08/hr | $34.10/hr | $37.34/hr | $41.89/hr | $46.43/hr |
| Minnesota | 1,660 | 136 | $44.86/hr | $1.44/hr | $27.44/hr | $33.22/hr | $41.38/hr | $52.64/hr | $69.47/hr |
| U S | 64,550 | 1,485 | $44.81/hr | $0.63/hr | $21.11/hr | $28.57/hr | $39.36/hr | $55.34/hr | $76.78/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 - | |
| Accountants and Auditors | 420 | $29.75/hr | N/A |
| Financial Managers | 280 | $49.13/hr | N/A |
| Chief Executives | 120 | $68.46/hr | N/A |
| Education Administrators, Elementary and Secondary School | 110 | $98,883/yr | N/A |
| Budget Analysts | N/A | N/A | N/A |
| Economists | N/A | N/A | N/A |
| Farm and Home Management Advisors | N/A | N/A | N/A |
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.
