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If there’s ever a time to be a Bank Examiner, it is right now. What probably would have been considered a boring job just a couple of years ago is now action packed. What is a Bank Examiner? It’s the entry level position at the Office of the Comptroller of the Currency. What’s the Office of the Comptroller of the Currency? It’s a bureau of the the U.S. Department of the Treasury that was chartered in 1863 to ensure a safe and sound national banking system for all Americans. How do they do that? They have a nationwide staff that “conducts on-site reviews of national banks and provides sustained supervision of bank operations. The agency issues rules, legal interpretations, and corporate decisions concerning banking, bank investments, bank community development activities, and other aspects of bank operations.” I think that it’s pretty obvious that the OCC has become a lot busier in the past couple of years. That’s why now is a great time to check out their entry level hiring program.
There’s a lot to learn about OCC before you apply for a job, so you should probably spend a couple of hours on OCC.Treas.gov, if you’re serious about applying. If you’re not quite so serious yet, but you’re intrigued about what an entry level Bank Examiner does, then you should watch the OCC’s Careers Video. It’s a nice introduction to what the OCC does and what it’s like to work for them. After watching that, you should check out their Bank Examiner Careers page. This goes into great detail about the specific position that they typically hire new grads for. The jobs require a degree in “accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or closely-related field from an accredited U.S. institution” or extremely relevant prior work experience. The OCC is based out of Washington, DC; however, they have locations all across the country and often require travel (30-80%) because Bank Examiners are often working in Community Banks. The pay is great, with a starting salary of $47,000, and the benefits are top-notch. It’s no big surprise that the OCC was ranked the 4th Best Place to Work in the Federal Government. The OCC already did some recruiting back in September, but they being recruiting again in February. Keep your eye on the Bank Examiner Careers page to see when they open up applications.
Links to Help You Begin Your Research
Do you think that we have a safe and sound national banking system right now?
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The Federal Reserve Branches also have Bank Examiner positions open if that tickles your fancy
I looked on the OCC careers page to see if they posted any info on when and how to apply for the entry level examiner position. They stated that the hiring season is in Feb, and its late January… do you know when they are going to post any add’l info? i mean, are they going to release that info in feb then?