Bank examiner vs principal examiner

The differences between bank examiners and principal examiners 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 $74,253 average annual salary of a principal examiner.

The top three skills for a bank examiner include securities, OCC and consumer compliance. The most important skills for a principal examiner are securities, FINRA, and financial statements.

Bank examiner vs principal examiner overview

	Bank Examiner	Principal Examiner
Yearly salary	$76,205	$74,253
Hourly rate	$36.64	$35.70
Growth rate	21%	21%
Number of jobs	5,079	41,375
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 83%	Bachelor's Degree, 74%
Average age	42	42
Years of experience	-	-

Bank examiner vs principal examiner salary

Bank examiners and principal examiners have different pay scales, as shown below.

	Bank Examiner	Principal Examiner
Average salary	$76,205	$74,253
Salary range	Between $54,000 And $107,000	Between $52,000 And $105,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	Federal Reserve	-
Best paying industry	Insurance	-

Differences between bank examiner and principal examiner education

There are a few differences between a bank examiner and a principal examiner in terms of educational background:

	Bank Examiner	Principal Examiner
Most common degree	Bachelor's Degree, 83%	Bachelor's Degree, 74%
Most common major	Finance	Business
Most common college	University of Southern California	University of Southern California

Bank examiner vs principal examiner demographics

Here are the differences between bank examiners' and principal examiners' demographics:

	Bank Examiner	Principal Examiner
Average age	42	42
Gender ratio	Male, 61.8% Female, 38.2%	Male, 63.5% Female, 36.5%
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, 6.7% Unknown, 5.6% Hispanic or Latino, 12.6% Asian, 9.9% White, 64.8% American Indian and Alaska Native, 0.4%
LGBT Percentage	19%	19%

Differences between bank examiner and principal examiner duties and responsibilities

Bank examiner example responsibilities.

Manage daily claims operations for Medicaid and Medicare plan.
Assist in evaluating the treasury, trading, and audit functions of financial institutions.
Develop an enhance examination program to include all aspects of BSA and AML laws.
Analyze and review accounting methods for credit unions and ensure following of GAAP and other federally mandate financial regulations.
Assist credit union management in resolving any compliance or operational issues find during an NCUA examination or certify CPA audit.
Perform analysis of capital, securities and liquidity risk of community banking organizations.

Principal examiner example responsibilities.

Manage large ATF cases in coordination with other supervisors and field members.
Lead a team of ten examiners responsible for reviewing and evaluating taxpayer information and offers of compromise for overdue IRS payments.
Provide regulatory advice and reviews relating to compliance (including sanctions regimes), transactions, and litigation for depository institutions.
Review individual general ledger accounts and reconcile those accounts to subsidiary ledgers or statements.

Bank examiner vs principal examiner skills

Common bank examiner skills

Securities, 11%
OCC, 10%
Consumer Compliance, 9%
Bank Management, 8%
Corrective Action, 5%
Secrecy, 3%

Common principal examiner skills

Securities, 22%
FINRA, 20%
Financial Statements, 18%
Business Lines, 16%
Relevant Rules, 7%
Examination Process, 4%