How To Become A Financial Examiner: Degree and Education Requirements

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what degree do you need to become a Financial Examiner
majors for Financial Examiners

Financial Examiners

Other names for this job might include Agent, Bank Compliance Officer, Bank Examiner, Bank Secrecy Act Anti-Money Laundering Officer (BSA/AML Officer), Chief Bank Examiner, Community Reinvestment Act Officer (CRA Officer), Compliance Analyst, Compliance Director, Compliance Manager, Compliance Officer


  • $88310
    Salary
  • 74%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Low
    Job growth
OwlGuru Rank

B+



Be A Financial Examiner: What You Really Need


In this requirements guide for Financial Examiners, you will find out what do you need to become a Financial Examiner and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be a Financial Examiner.



Degree required

Recommended degree level

Bachelor’s Degree

Bachelors degree
84%

Master’s degree
12%

Associates degree
4%

No degree
%

High School Diploma
%

Generally, employers are looking for Financial Examiners who have a Bachelors degree. They also prefer someone who is good in Reading Comprehension and Active Listening.

1 common question that we always get is what major or degree do I need to become A Financial Examiner or what courses do I need to take.

We did a survey to ask other Financial Examiners what did they major in college or university and here are the most popular majors that came up.

Financial Forensics and Fraud Investigation
Suspension and Debarment Investigation
Accounting
Auditing
Taxation

Financial examiners typically need a bachelor’s degree that includes some coursework in accounting, finance, economics, or a related field. Examiners working for the Federal Deposit Insurance Corporation (FDIC) must have at least 6 semester hours in accounting.



Schools

schools for Financial Examiners

Interested in becoming A Financial Examiner? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming a Financial Examiner




How long does it take

Difficulty
Quite Hard

You will need a considerable amount of work-related skill, knowledge or experience to be A Financial Examiner.

For example: An accountant must complete 4 years of college and work for several years in accounting to be considered qualified.

To become A Financial Examiner, you will need several years of work-related experience, on-the-job training or vocational training.


How long does it take
2 to 4 years


Work experience
1 to 2 years

No experience
56%

1 to 2 years
20%

4 to 6 years
16%

6 months to 1 year
4%

6 to 8 years
4%

Job training
1 to 2 years

1 to 2 years
44%

6 months to 1 year
28%

2 to 4 years
20%

3 to 6 months
4%

4 to 10 years
4%

Most Financial Examiners have 1 to 2 years work experience and 1 to 2 years job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification
Not required


No license or certification required for Financial Examiners



Skills required

We asked other Financial Examiners if they could only have 5 skills, what would they be. Here is what they said.

1. Reading Comprehension what does this mean
2.Active Listening what does this mean
3.Critical Thinking what does this mean
4.Writing what does this mean
5.Speaking what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Financial Examiners have these 5 common characteristics. Most of them had Integrity and Analytical Thinking.

1.Integrity
2.Analytical Thinking
3.Dependability
4.Attention to Detail
5.Self Control




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Financial Examiners you need to acquire knowledge in these 5 key areas.

1. Economics and Accounting what does this mean
2.English Language what does this mean
3.Law and Government what does this mean
4.Mathematics what does this mean
5.Administration and Management what does this mean

As A Financial Examiner, you may also be required to know how to use certain Financial analysis software, Financial analysis software and Compliance software tools.

ACL Business Assurance Analytics software (Financial analysis software)
Auditing software (Financial analysis software)
Financial compliance software (Compliance software)
Financial transaction analysis software (Financial analysis software)
General Examination System GENESYS (Financial analysis software)
= Hot in-demand that most employers are looking for




How we can help

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Career type

Business and Finance
Business Financial Management and Accounting
Regulation, Revenue and Taxation

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Related to Financial Examiners Requirements

Financial Examiners requirements, how to become Financial Examiners, degree required to be a Financial Examiner, Financial Examiners license and certifications, majors to be a Financial Examiner, is it hard to become a Financial Examiner and how long does it take

Additional resources

http://www.bls.gov/OOH/business-and-financial/financial-examiners.htm
https://www.fdic.gov/
http://www.consumerfinance.gov/

OwlGuru.com
OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
Financial Examiners
Written by: Stanley Tan
Financial Examiners 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.
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