Veterans life insurance

Veterans can find a new career as a bank examiner

Veterans who want a challenging career that ensures the safety and soundness of the federal banking system may find it as a National Bank Examiner.

The Office of the Comptroller of the Currency (OCC) charters, regulates and supervises all national banks and federal savings associations (collectively, the banks) as well as federal branches and agencies of foreign banks. The OCC is an independent office of the US Treasury Department.

National Bank Examiners play a critical role in ensuring that National Banks and Federal Savings Associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations. . Examiners interact with all levels of banking management and perform a wide range of banking analysis and oversight activities at national banks, federal savings associations, and OCC offices. They use a risk-based review approach to assess a bank’s condition and identify potential issues.

From team leader to national bank examiner

Air Force veteran Justin Solobay is one such national bank examiner. A KC-135 flight crew chief, Solobay spent 12 years in the Air National Guard and is in a 10-year career in the Air Force Reserve. It has been activated and deployed several times since 2002.

In 2013, Solobay joined the OCC in the Office of Security, managing the agency’s business continuity and disaster recovery programs. He started taking examiner assignments in 2017 and crossed over in 2019, joining the Wells Fargo Large Bank Supervision team as an operational risk examiner. Although his civilian job is very different from his military job, he said using military attributes such as focus, determination, teamwork and resilience helped.

“I joined the agency not knowing what the agency was doing,” Solobay said. “I focused on the business continuity program and learned more about it. The army is a different commitment in my life that I carry out in parallel.

He said the best part of his job is the people, who he says are exceptionally talented, experienced, smart and logical.

“This agency is a great place to work,” he said. “There are lots of opportunities to see and do new things. Moreover, there are many paths in which you can evolve and move as it suits your interests and desires.

Luck brings an Iraqi veteran on board

Army veteran Jason Wander is another veteran who joined the OCC after spending time in the military. An Army National Guard combat engineer, Wander deployed twice to Iraq, building forward operating bases and a detainee facility, servicing and servicing vehicles, performing road clearances to remove ordnance. improvised explosives and ensuring base security.

In 2012, Wander joined the OCC as an assistant national bank examiner in the Minneapolis field office. He worked on his National Bank Examiner Board while overseeing community banks in the Midwest. He said it was pure luck that he joined.

“After college, I had many jobs that didn’t provide me with the career aspirations I was hoping for,” Wander said. “Then I remembered that my VA benefits would provide me with career counseling services through the Preparation and employment of veterans Desk. Months after seeing a case manager to review my resume, prepare for interviews, and find a career I would enjoy, the case manager called and said they had come across a position at OCC as as bank examiner. My first questions were: ‘what is the OCC and what is a bank examiner?’ »

While his job in the military was to build and destroy, he said his leadership skills and core military values ​​carried over into his civilian career.

“Banking review requires an individual to be decisive under pressure,” Wander said. “Being in a public service position, our agency needs staff of unparalleled integrity. Without integrity, public trust could be deterred. Punctuality and strong verbal communication skills are also enforced day in and day out. »

Wander said transitioning from the military to a career in public service was a great option, one he encourages other veterans to follow.

“I’m proud to make a difference,” he said. “Without sound banking practices, many preventable events can occur: banks can fail, consumers can needlessly lose their homes, or consumer information can be stolen. By going to work every day, I know that I am contributing to bank security and consumer protection.

A Career in Banking Examination

Entry-level bank examiners begin their careers supervising mid-sized and community banks as an Assistant National Bank Examiner, with offices across the United States. This experience provides the basis for learning the practical aspects of banking supervision.

Duties cover all areas of the bank, including lending, interest rate risk, capital, liquidity, consumer protection programs, and compliance with banking laws and regulations. Through an ongoing training and career development program, OCC examiners expand their knowledge and skills. They apply their technical expertise and interpersonal skills in an industry of increasingly sophisticated products and services.

Entry-level bank examiners or assistant national bank examiners spend approximately 15-95% of their early career travelling. They can work in one of OCC field offices located across the United Statesin banks or bank branches. View estimated percentages of overnight travel by field office location.

Qualifications

To become an Assistant National Bank Examiner, candidates must meet at least one of the following criteria:

  • A four-year degree program leading to a bachelor’s degree with a major in accounting, banking, business administration, commercial or banking law, economics, finance, marketing, or another field closely related to the position; WHERE
  • Three years of professional experience
    • demonstrate knowledge of accounting or auditing principles, such as reviewing, analyzing, recommending, or approving applications for loans, investments, or other actions involving the property or money of others held in trust by or for a financial institution, and/or
    • perform internal accounting or auditing work for a financial institution requiring an understanding of debits and credits, balance sheets and operating statements; WHERE
  • Equivalent combinations of education and experience; WHERE
  • A Certified Public Accountant (CPA) certificate obtained by written examination in a state, territory, or the District of Columbia.

In addition to meeting the minimum qualifications, you must pass the examiner’s entry-level pre-employment tests.

Questions regarding the application and hiring process for ANBEs can be directed to [email protected]

Learn more

To learn more about the OCC, click on the following links.

COC Careers Home | See current openings | Salary structure | Advantages | Diversity

The Federal Deposit Insurance Corporation, Federal Reserve System, and National Credit Union Administration also hire bank examiners, along with other careers. Learn more at the links below.

Positions at the FDIC | Federal Reserve positions | Positions at NCUA

Many states also hire bank examiners. Learn more on your state’s employment website.