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Finance compliance examiner vs field examiner

The differences between finance compliance examiners and field examiners can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance compliance examiner has an average salary of $69,168, which is higher than the $68,722 average annual salary of a field examiner.

The top three skills for a finance compliance examiner include financial institutions, audit reports and financial statements. The most important skills for a field examiner are due diligence, exam findings, and collateral management.

Finance compliance examiner vs field examiner overview

Finance Compliance ExaminerField Examiner
Yearly salary$69,168$68,722
Hourly rate$33.25$33.04
Growth rate21%21%
Number of jobs85,38146,780
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 72%
Average age4242
Years of experience--

What does a finance compliance examiner do?

A finance compliance examiner's main job is to check whether facilities follow and abide by appropriate procedures, security regulations, and enforceable company policies. They analyze the accuracy of financial statements, records, forms, and reports on file and meet with different management and auditors to conclude quarterly and annual financial statements. Internal audit knowledge and integrity play a high role in this position since they will also be working on anti-money laundering and anti-corruption programs. They also recommend, direct, and monitor the implementation of revised guidelines and regulations to ensure compliance.

What does a field examiner do?

Field examiners act as advisors and analysts at lending or banking institutions and insurance agencies who interact with the bank managers in various branches to oversee all banking operations and to create new strategies to reduce risk. The key responsibilities include ensuring compliance with the best practices involving collateral issues. They should have working experience in the banking industry, and obtain a bachelor's degree in a related field or finance, and should possess excellent leadership, analytical, and communication skills to become effective field examiners.

Finance compliance examiner vs field examiner salary

Finance compliance examiners and field examiners have different pay scales, as shown below.

Finance Compliance ExaminerField Examiner
Average salary$69,168$68,722
Salary rangeBetween $46,000 And $102,000Between $49,000 And $95,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyFederal Reserve Bank of New YorkCIT Group
Best paying industryInsuranceFinance

Differences between finance compliance examiner and field examiner education

There are a few differences between a finance compliance examiner and a field examiner in terms of educational background:

Finance Compliance ExaminerField Examiner
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 72%
Most common majorBusinessAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Finance compliance examiner vs field examiner demographics

Here are the differences between finance compliance examiners' and field examiners' demographics:

Finance Compliance ExaminerField Examiner
Average age4242
Gender ratioMale, 58.2% Female, 41.8%Male, 59.2% Female, 40.8%
Race ratioBlack or African American, 6.7% Unknown, 5.6% Hispanic or Latino, 12.4% Asian, 10.4% White, 64.5% American Indian and Alaska Native, 0.4%Black or African American, 7.1% Unknown, 5.7% Hispanic or Latino, 12.0% Asian, 8.9% White, 66.1% American Indian and Alaska Native, 0.4%
LGBT Percentage19%19%

Differences between finance compliance examiner and field examiner duties and responsibilities

Finance compliance examiner example responsibilities.

  • Lead a team to review new HCBS final rules settings as outlined by CMS for all contract provider agencies.
  • Verify OFAC policies are being follow and dispositions are adequate.
  • Work 314b information request cases, evaluate cases for SAR/no SAR filing.
  • Create written publications and online compliance and ethics training for staff and providers.
  • Conduct enhance due diligence investigations relate to OFAC monitoring alerts.
  • Investigate information on member firm customer complaints and personnel terminations to determine possible NASD rule and securities law violations.
  • Show more

Field examiner example responsibilities.

  • Achieve to eliminate IRS penalty fees for reporting payments make to unverify or fraudulent accounts.
  • Analyze, organize and summarize information obtain through research, document analysis and interviews into an examination report.
  • Recruit by SIU management from the customer service ranks.
  • Research applicable laws, policies, and procedures to make educate determinations and adjudicate claims.
  • Identify research and analyze possible fraudulent activity.
  • Create SecondLook intake department to conduct an analysis and investigate unusual/suspicious account activity.
  • Show more

Finance compliance examiner vs field examiner skills

Common finance compliance examiner skills
  • Financial Institutions, 11%
  • Audit Reports, 7%
  • Financial Statements, 6%
  • Securities, 5%
  • Internal Controls, 5%
  • Financial Data, 4%
Common field examiner skills
  • Due Diligence, 16%
  • Exam Findings, 15%
  • Collateral Management, 12%
  • Financial Reports, 11%
  • GAAP, 9%
  • ABL, 7%

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