Careers: Bank Examiners
Do you have a background in business, accounting or finance?
Consider a Career as a Bank Examiner
Speaker 1: Here at the Federal Reserve it is our mission to ensure the safety and soundness of our nation’s banking system. And that’s where examiners like myself come in.
Speaker 2: The safety and soundness examiner focuses on the safety and soundness of a bank. We also have Consumer Affairs examiners, which are focused more on how they deal with their customers.
Speaker 3: Anyone that has an interest or a background in business administration, finance, economics, anything of that nature, would be successful as a bank examiner.
Speaker 4: The world of bank examination is filled with a lot of things that you can do.
Speaker 5: Our training here for a bank examiner is exceptional.
Speaker 6: Somebody comes in straight out of college or without any sort of banking experience, they’ll go through the examiner commissioning process. And you just learn through gradual steps.
Speaker 2: We typically work in teams of anywhere from 4 to 5 folks up to 20 to 25 folks.
Speaker 7: And we all have different backgrounds. And all of us are working on different areas of the bank exam.
Speaker 6: And so not every bank is the same. You have Ag[riculture] banks. You have banks that typically lend more in commercial real estate.
Speaker 2: Sometimes you’re in a very rural area. Sometimes you’re in a huge metropolitan area.
Speaker 8: It’s just always a new adventure, a new challenge. There’s people of all different walks of life, from both age to diversity. And there’s a real inclusive environment.
Speaker 3: We do travel, but it’s only about 35 nights a year.
Speaker 6: Work-life balance, I think for us it’s pretty good. I would say that we have a really great work-life balance.
Speaker 3: Work-life balance is one of my favorite things about working at the St. Louis Fed.
Speaker 2: You know, I think we do a pretty good job of being able to allow our personal lives to be in balance with our work life.
Speaker 4: If I could use one word to describe my job, I would use satisfying.
Speaker 8: One word to describe my job would be interesting.
Speaker 5: Dynamic.
Speaker 2: Adaptability.
Speaker 3: Collaborative.
Speaker 1: Rewarding. To be a bank regulator is a pretty awesome job.
Voiceover: Visit StLouisFed.org and click on the Careers tab to seek out other awesome jobs at the St. Louis Fed.
Supported by top-notch training and mentoring, bank examiners conduct on-site bank examinations and off-site monitoring across the Eighth Federal Reserve District.
- Consumer affairs examiners oversee compliance with consumer protection laws and regulations.
- Safety and soundness examiners evaluate the financial condition of state member banks and bank holding companies, as well as compliance with current laws and regulations.
Training and Development
Assistant bank examiners follow a structured professional training program that can lead to a commissioned bank examiner designation. This track can lead to a supervisory examiner position.
