Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between bank examiners and auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bank examiner has an average salary of $76,205, which is higher than the $54,853 average annual salary of an auditor.
The top three skills for a bank examiner include securities, OCC and consumer compliance. The most important skills for an auditor are audit reports, customer service, and financial statements.
| Bank Examiner | Auditor | |
| Yearly salary | $76,205 | $54,853 |
| Hourly rate | $36.64 | $26.37 |
| Growth rate | 21% | 6% |
| Number of jobs | 5,079 | 20,325 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 55% |
| Average age | 42 | 44 |
| Years of experience | - | - |
A bank examiner is a financial examiner who investigates banks, financial firms, and securities firms to make sure that they are safe and sound. Bank examiners are the ones who implement state and federal laws. Their duties and responsibilities include arranging audits, reviewing procedures and policies, and studying documents. The examiners interview both employees and managers. Typically, they are employed by insurance firms and financial firms as well as by the state and federal government agencies. Knowledge and skills in finance, economics, and marketing are necessary for this job.
An auditor is responsible for reviewing financial statements and making sure that the reports align with the accounting principles and legislative standards. Some of the important duties of an auditor are verifying the company's account statements, ensuring that the business is free from fraud and other unusual activities, providing recommendations to boost operations' performance, and creating financial reports for the board. An auditor should have excellent analytical and decision-making skills to spot inaccuracies of financial statements and resolve financial issues immediately.
Bank examiners and auditors have different pay scales, as shown below.
| Bank Examiner | Auditor | |
| Average salary | $76,205 | $54,853 |
| Salary range | Between $54,000 And $107,000 | Between $35,000 And $84,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New Jersey |
| Best paying company | Federal Reserve | Microsoft |
| Best paying industry | Insurance | Professional |
There are a few differences between a bank examiner and an auditor in terms of educational background:
| Bank Examiner | Auditor | |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 55% |
| Most common major | Finance | Accounting |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between bank examiners' and auditors' demographics:
| Bank Examiner | Auditor | |
| Average age | 42 | 44 |
| Gender ratio | Male, 61.8% Female, 38.2% | Male, 44.9% Female, 55.1% |
| Race ratio | Black or African American, 6.9% Unknown, 5.6% Hispanic or Latino, 12.6% Asian, 9.4% White, 65.2% American Indian and Alaska Native, 0.4% | Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 19% | 7% |