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How exposed to AI is a Financial Examiner?

Of the 17 tasks O*NET lists for financial examiners, 5 could be done in half the time with a chat window today. 3 cannot be sped up at all. Here is which.

Exposure means published research judged an AI could halve the time a task takes, at the same quality. It does not mean the task stops needing a person. How to read this

Also called
Bank ExaminerBank Secrecy Act Anti-Money Laundering Officer (BSA/AML Officer)Community Reinvestment Act Officer (CRA Officer)Compliance AnalystCompliance SpecialistCredit Union ExaminerCredit Union Field ExaminerExamining OfficerInternal Auditor
Reachable today Needs software built first Cannot be sped up
17
tasks rated for this occupation
100%
hold a degree, from a survey of 23
61k
people do this job in the US
22 of 48
least protected in business and finance

Every task, and what AI can do with it

These are O*NET's task statements for this occupation, exactly as written, sorted into the three bands by the ratings behind this report. Nothing has been reworded.

Reachable with a chat window today

5
  • Recommend actions to ensure compliance with laws and regulations, or to protect solvency of institutions
  • Prepare reports, exhibits, and other supporting schedules that detail an institution's safety and soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions
  • Train other examiners in the financial examination process
  • Establish guidelines for procedures and policies that comply with new and revised regulations and direct their implementation
  • Review and analyze new, proposed, or revised laws, regulations, policies, and procedures to interpret their meaning and determine their impact

Only with software built on top

9
  • Resolve problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts
  • Investigate activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency
  • Review balance sheets, operating income and expense accounts, and loan documentation to confirm institution assets and liabilities
  • Plan, supervise, and review work of assigned subordinates
  • Review audit reports of internal and external auditors to monitor adequacy of scope of reports or to discover specific weaknesses in internal routines
  • Examine the minutes of meetings of directors, stockholders, and committees to investigate the specific authority extended at various levels of management
  • Evaluate data processing applications for institutions under examination to develop recommendations for coordinating existing systems with examination procedures
  • Review applications for mergers, acquisitions, establishment of new institutions, acceptance in Federal Reserve System, or registration of securities sales to determine their public interest value and conformance to regulations, and recommend acceptance or rejection
  • Verify and inspect cash reserves, assigned collateral, and bank-owned securities to check internal control procedures

Cannot be sped up

3
  • Direct and participate in formal and informal meetings with bank directors, trustees, senior management, counsels, outside accountants, and consultants to gather information and discuss findings
  • Provide regulatory compliance training to employees
  • Confer with officials of real estate, securities, or financial institution industries to exchange views and discuss issues or pending cases
What this does not say

This is not a prediction about your job

Nobody surveyed an employer. Tasks are counted equally, so a percentage here is a share of the list rather than a share of your week. And the ratings were made in 2023, which makes every figure a floor rather than a ceiling.

It must never be used to select anyone for redundancy. The full limits are here.

Where to go next

This is the standard task list for the title. The useful next question is which of the tasks you actually do should go near AI, and which should not.

Sort your own tasks Read the full report

Exposure ratings from Eloundou, Manning, Mishkin and Rock, GPTs are GPTs: Labor market impact potential of LLMs, Science 384, 1306–1308, 2024, used under the MIT licence. This page includes information from the O*NET Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. People Team AI has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications. Employment figures from the US Bureau of Labor Statistics.