How much do FDIC bank examiners make?

How much do FDIC bank examiners make?

The typical FDIC Examiner salary is $95,824 per year. Examiner salaries at FDIC can range from $71,409 – $170,427 per year. This estimate is based upon 12 FDIC Examiner salary report(s) provided by employees or estimated based upon statistical methods.

How do you become a bank examiner?

How to become a bank examiner

  1. Earn a degree in finance.
  2. Gain experience in the field.
  3. Earn a Certified Public Accountant (CPA) certificate.
  4. Pass a pre-employment bank examiner exam.
  5. Attend training programs.
  6. Continue learning.

What is the role of a bank examiner?

The main duties of a bank examiner are to ensure that a bank’s operations are legal and can provide financial stability. A bank examiner will also review financial statements, evaluate the level of risk associated with loans, and assess the management of a bank.

How much do bank reps make?

Business Banking Representative Salary

Annual Salary Hourly Wage
Top Earners $131,500 $63
75th Percentile $100,000 $48
Average $65,274 $31
25th Percentile $32,500 $16

Is being a bank examiner a good job?

“In fact, being an examiner is a great foundation for anyone in the financial industry, with solid financial grounding, a myriad of knowledge and exposure to best practices and financial analysis,” says Kris VanBeek, a Senior Vice President of Information Systems at Digital Federal Credit Union (DCU), and a former …

How many hours does a financial examiner work a week?

In a typical work week as a Financial Examiner, you can expect to work more than 40 hours per week.

What does a bank CSR do?

Customer service representatives who work for banks answer customer questions about basic banking services, such as account balances and interest rates and fees. They also help customers protect their accounts by reviewing suspicious activity, reversing transactions and reissuing compromised debit and credit cards.

How long does it take to become a commissioned bank examiner?

The overall timeframe for completing both Level 1 and 2 is generally nine to 12 months, but this will depend on the area of specialization. Complete Level 3: Integration Supervision and Financial Institution Management.

What does a FDIC bank examiner do?

FDIC bank examiners ensure that FDIC-insured banks are following safe and sound banking practices, managing their institutions effectively, and complying with laws and regulations. This work is critical to the FDIC’s mission of maintaining stability and confidence in the nation’s financial system.

What skills do you need to be a financial examiner?

Important Qualities

  • Analytical skills. Financial examiners need to evaluate how well the managers of financial institutions are handling risk and whether the individual loans the institution makes are safe.
  • Detail oriented.
  • Math skills.
  • Writing skills.

    How many hours does a bank examiner work?

    Is a bank examiner a good job?

    How many years does it take to become a financial examiner?

    Certified Financial Examiner

    Degree Level Bachelor’s degree
    Degree Field Accounting, economics, finance or related field
    Certification Must hold or concurrently pursue the Accredited Financial Examiner (AFE) designation
    Experience 3+ years experience as a financial examiner

    What is the highest paying banking job?

    The highest paying jobs in retail banking usually belong to loan officers and major corporate executives, such as the chief financial officer (CFO) and chief risk officer (CRO).

    How much does a CSR make at a bank?

    Bank CSR Salary

    Annual Salary Monthly Pay
    Top Earners $41,500 $3,458
    75th Percentile $34,500 $2,875
    Average $35,080 $2,923
    25th Percentile $27,000 $2,250

    Is bank teller the same as customer service?

    The core duties of a bank teller and a customer service representative differ. Bank tellers are the first point of contact at a financial institution. They handle customers’ deposits and withdrawals. Customer service agents dig a little deeper with clients and sell bank services.