Bank Examiner (Noun)
Meaning
An examiner appointed to audit the accounts of banks in a given jurisdiction.
Classification
Nouns denoting people.
Examples
- The bank examiner's primary responsibility is to ensure that all financial institutions within the state are operating in compliance with federal and state regulations.
- As a bank examiner, she spent most of her career auditing the accounts of large commercial banks to prevent any potential financial crises.
- A team of bank examiners was appointed to investigate the sudden collapse of a local bank and determine the cause of its failure.
- The bank examiner's report highlighted several discrepancies in the bank's financial records, prompting further investigation by the regulatory agency.
- To become a bank examiner, one typically needs to have a degree in finance or accounting and several years of experience in the banking industry.