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"Financial Examiner"
Job Description - Part 1 - Duties and Tasks

Basic Job Description:

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.

Part 1
Duties / Tasks
Part 2
Activities
Part 3
Skills
Part 4
Abilities
Part 5
Knowledge

 

Job Duties and Tasks for: "Financial Examiner"

1) Verify and inspect cash reserves, assigned collateral, and bank-owned securities in order to check internal control procedures.

2) Confer with officials of real estate, securities, or financial institution industries in order to exchange views and discuss issues or pending cases.

 

3) Establish guidelines for procedures and policies that comply with new and revised regulations, and direct their implementation.

4) Evaluate data processing applications for institutions under examination in order to develop recommendations for coordinating existing systems with examination procedures.

5) Examine the minutes of meetings of directors, stockholders and committees in order to investigate the specific authority extended at various levels of management.

 

6) Plan, supervise, and review work of assigned subordinates.

7) Review and analyze new, proposed, or revised laws, regulations, policies, and procedures in order to interpret their meaning and determine their impact.

8) Review applications for mergers, acquisitions, establishment of new institutions, acceptance in Federal Reserve System, or registration of securities sales in order to determine their public interest value and conformance to regulations, and recommend acceptance or rejection.

9) Train other examiners in the financial examination process.

10) Direct and participate in formal and informal meetings with bank directors, trustees, senior management, counsels, outside accountants and consultants in order to gather information and discuss findings.

11) Investigate activities of institutions in order to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.

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12) Prepare reports, exhibits and other supporting schedules that detail an institution's safety and soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions.

13) Recommend actions to ensure compliance with laws and regulations, or to protect solvency of institutions.

14) Resolve problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts.

 

15) Review audit reports of internal and external auditors in order to monitor adequacy of scope of reports or to discover specific weaknesses in internal routines.

16) Review balance sheets, operating income and expense accounts, and loan documentation in order to confirm institution assets and liabilities.

Job Description for "Financial Examiner" continued here...

Part 1
Duties / Tasks
Part 2
Activities
Part 3
Skills
Part 4
Abilities
Part 5
Knowledge


"Financial Examiner"   Holland / RIASEC Career Code:  E-S-C        SOC:  13-2061.00


 

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