Most of their work keeps them working in an office, but they must frequently travel onsite to inspect a bank(Bureau of Labor Statistics). The most rigorous physical activity that a financial will be expected to do is that they may occasionally need to carry files by hand. So pretty much no physical requirements. They also rarely get injured, save the occasional coffee-spill or paper cut. No special equipment is required, only a computer and a brain. In 2012, there were approximately 29,200 financial examiners. Key industries for financial examiners were the finance and insurance industry, as well as the government. From 2012-2022, employment is expected to grow by about 11% in the finance and insurance field, but is expected to decline by 3% in the government. Generally, employment increases during times of financial unrest, when more examiners are required to enforce regulation (Bureau of Labor …show more content…
There is no prior work experience required. Once hired, examiners will receive on-the-job training, and entry-level employees are supervised by senior examiners as they learn their job duties. There are 4 major qualities that a financial examiner needs to succeed. They must have excellent analytical skills, basic math skills, good writing skills, and must be very detail oriented (Bureau of Labor Statistics). Obviously, analytical and math skills are required, as the job is about looking at balance sheets to make sure everything adds up legally. Writing skills are required because examiners must write reports and explain technical details to judge a company’s worth or stability. There is little room for advancement. Depending on the company, it usually requires a master’s degree or becoming a CPA after a few years to become a senior examiner (Bureau of Labor