What education is needed to become a commissioned bank examiner?

Answer 1

Becoming a commissioned bank examiner is a long process of on-the-job training, classroom, and self-study. These training procedures and courses are followed by an examination, and when passed, qualifies you as a commissioned bank examiner. The training and course work to prepare for the exam is only obtained through a bank regulation agency such as the Office of the Comptroller of Currency (responsible for regulating national banks), the Federal Deposit Insurance Corporation (responsible for regulating state, non-Federal Reserve member banks), and the Federal Reserve (responsible for regulating state member banks and also bank holding companies). These agencies typically recruit college students in the fall and spring for "entry-level" bank examiner positions. These positions will provide the training and course work needed to be commissioned as a bank examiner. The typical time it takes to complete the necessary requirements is three to four years. Typically, in order to be considered for a job with one of the above regulation agency one must have a bachelor's degree from an accredited university. Preferable majors include accounting, finance, and economics.