Definition

Noun: A bank examiner is an official appointed by a government or regulatory authority to audit and inspect the financial records, operations, and compliance of banks within a specific jurisdiction. Their role is to ensure the safety, soundness, and legal compliance of financial institutions.

Usage

The term "bank examiner" is used to refer to the person holding this specific regulatory and auditing position. - The bank examiner spent two weeks reviewing the loan portfolio. - All findings from the bank examiner must be addressed by the board. - A career as a bank examiner requires a strong understanding of finance and regulations.

Advanced Usage

• To be subject to an examination by a bank examiner: This phrase describes the process a bank undergoes.
  • The regional bank is subject to an annual examination by a bank examiner.
• The bank examiner's report: Refers to the official document detailing the findings of the audit.
  • The CEO reviewed the bank examiner's report with concern.

Variants and Related Words

• Examiner (noun): A general term for a person who inspects or assesses something. A bank examiner is a specific type of examiner.
• Auditor (noun): A person who conducts an official financial inspection. A bank examiner is an auditor specialized for banks.
• Regulator (noun): An official who ensures compliance with laws and rules. A bank examiner acts as a regulator for the banking sector.

Synonyms

• Bank auditor
• Financial examiner
• Compliance examiner

Related Phrases

• Bank examination (noun phrase): The process or event of being audited by a bank examiner.
  • The bank prepared meticulously for the annual bank examination.
• To examine a bank (verb phrase): The action performed by the bank examiner.
  • The agency will examine the bank next quarter.

Noun

1. an examiner appointed to audit the accounts of banks in a given jurisdiction