Assistant Bank Examiner Responsibilities

While you learn about the assistant bank examiner responsibilities, you can easily figure out the necessary qualifications and skills needed for this job. Preparing for a job without knowing what it has to offer is not feasible because you need to be knowledgeable with the most intricate details of a job.

Assistant bank examiners work with the bank examiner and help him in evaluating the processes and policies of a bank. It is like a quality audit wherein the assistant bank examiner and his seniors have to check whether the bank follows standard business practices and policies. They also check the overall performance of the bank, efficiency of the staff, available funds, and other factors that bring out a clear picture related to the operations of the bank.

Assistant bank examiners follow a set of standards and procedures to analyze the current status of a bank and whether it is according to the set norms for banking organizations.

The assistant bank examiners act as a supporting staff to the chief bank examiner and they have to travel constantly to audit different banks across the city and state. The most common and important assistant bank examiner responsibilities are provided for your information.

Primary duties of an assistant bank examiner:

Investigation of different department

• Finance department: The most vital part of a banking organization is the finance department. The assistant bank examiner has to go through the records of the transactions of the bank and crosscheck the available balance in the bank to ensure that there has been no embezzlement of the funds.

• Human resource department: Assistant bank examiner inspects the records of staff recruited in the bank and their background information that is provided to the bank. He must ensure that the employees have submitted the necessary documents such as identity proof, social security number and other details that are necessary to track a person in case he/she commits fraud.

• Customer service operations: Assistant bank examiner supervises the behavior and communication of officers and executives of the bank with the customers. He has to prepare a detailed report on the behavior of employees in the bank ad present it to the bank examiner for further evaluation.

• Payroll records: Assistant bank examiner goes through the attendance and payroll records to check whether the employees are paid in time and if there is any complaint of the employees regarding payment of their salaries.

• Security systems and other equipments: Assistant bank examiners check whether the security systems such as theft alarms, surveillance cameras and scanners are functioning normally. He may go through the tapes recorded from the CCTV camera and check if any footage is missing from the tapes.

Evaluation of Audit

The assistant bank examiner compiles the information related to the different processes of the bank and presents it to the chief examiner. The chief examiner then examines whether the findings are correct or not. If there is any loophole in the security systems or financial operations, then the examiner suggests improvements to the board of directors.

Bank examiners may also provide the reports to the government agencies if the audit is a part of federal investigations.

Skills of an Assistant Bank Examiner

Assistant bank examiner must have in-depth knowledge of the banking operations and the various practices adapted in banking organizations. An eye for detail and ability to perform multiple tasks in a limited timeframe will help you to execute all the job responsibilities efficiently.

Becoming an Assistant Bank Examiner

With a bachelor's or associate degree in finance and an experience of working in a financial organization is helpful to land up in the job of assistant bank examiner.

Career Scope for Assistant Bank Examiners

While working as an assistant bank examiner, you can earn around $54,000 on an average. Salaries vary depending on the organization and its location.

Assistant bank examiner responsibilities contribute a great deal in the job of a bank examiner as it helps him to allocate different tasks to the assistant examiner.