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 |
| Southwest Minnesota | 60 | 11 | $42.03/hr | $2.67/hr | $25.77/hr | $30.83/hr | $41.80/hr | $50.55/hr | $60.97/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 2020 - 2030 | |
| Accountants and Auditors | 970 | $29.79/hr | 4.2% |
| Financial Managers | 550 | $48.05/hr | 17.2% |
| Education Administrators, Elementary and Secondary School | 280 | $96,840/yr | 6.5% |
| Chief Executives | 270 | $71.46/hr | -7.1% |
| Budget Analysts | 10 | $31.01/hr | N/A |
| Farm and Home Management Advisors | 10 | $26.27/hr | N/A |
| Economists | 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.
