Among its other responsibilities, it shares supervisory authority with the OCC, Federal Reserve, FDIC, and states for banks with over $10 billion in total assets.

[5] Bank examiners monitor and evaluate the financial condition of institutions and their compliance with relevant regulations and laws.

Complex banks may have teams of examiners stationed year-round in its offices to perform ongoing monitoring.

They are expected to provide analysis and evidence to substantiate their findings, in an objective and non-judgmental manner; and in particular to refer any serious violations of regulations to the appropriate levels of authority.

Examiners, particularly those employed by a regulatory agency, may also assign supervisory ratings to institutions and place legal enforcement actions, civil money penalties, or other punishments for noncompliance.

Aspiring bank examiners are usually required to have an undergraduate degree in finance, accounting, economics, or related business field.

Newly hired examiners must immediately comply with ethics rules that prohibit certain actions, such as holding bank stock or receiving loans from specified financial institutions.

This title indicates that the holder has a high level of general examination expertise and is empowered to serve in key roles such as examiner-in-charge.

Examiner commissioning programs may demand several years of on-the-job training, formal classroom instruction, and knowledge tests on topics such as banking, accounting, and regulations.