Career and Education Opportunities for Financial Examiners in Murfreesboro, Tennessee
Murfreesboro, Tennessee provides a wide variety of opportunities, both career and educational, for financial examiners. Currently, 550 people work as financial examiners in Tennessee. This is expected to grow 21% to 670 people by 2016. This is not quite as good as the national trend for financial examiners, which sees this job pool growing by about 41.2% over the next eight years. Financial examiners generally enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions.
The income of a financial examiner is about $34 hourly or $71,550 yearly on average in Tennessee. In the U.S. as a whole, their income is about $34 hourly or $70,930 yearly on average. Financial examiners earn more than people working in the category of Accounting and Auditing generally in Tennessee and more than people in the Accounting and Auditing category nationally. Jobs in this field include: internal auditor, treasury analyst, and auditor.
There are ten schools within twenty-five miles of Murfreesboro where you can study to be a financial examiner, among forty-five schools of higher education total in the Murfreesboro area. Financial examiners usually hold a Bachelor's degree, so you can expect to spend about four years studying to be a financial examiner if you already have a high school diploma.
CAREER DESCRIPTION: Financial Examiner
In general, financial examiners enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. They also may examine, verify correctness of, or establish authenticity of records.
Every day, financial examiners are expected to be able to think through problems and come up with general rules. They need to articulate ideas and problems. It is also important that they listen to and understand others in meetings.
It is important for financial examiners to formulate and review work of assigned subordinates. They are often called upon to investigate efforts of institutions to enforce laws and regulations and to insure legality of transactions and operations or financial solvency. They also inspect balance sheets, operating income and expense accounts, and loan documentation to confirm institution assets and liabilities. They are sometimes expected to recommend actions to insure adherence to laws and regulations, or to safeguard solvency of institutions. Somewhat less frequently, financial examiners are also expected to evaluate data processing applications for institutions under examination to evolve recommendations for coordinating existing systems with examination procedures.
Financial examiners sometimes are asked to train other examiners in the financial examination process. They also have to be able to inspect audit reports of internal and external auditors to track adequacy of scope of reports or to discover specific weaknesses in internal routines and inspect and analyze new, proposed, or revised laws, regulations and procedures to interpret their meaning and decide on their impact. And finally, they sometimes have to establish guidelines for procedures and policies that comply with new and revised regulations and direct their implementation.
Like many other jobs, financial examiners must have exceptional integrity and be thorough and dependable.
Similar jobs with educational opportunities in Murfreesboro include:
- Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
- Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
- Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
- Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
- Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
- Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
EDUCATIONAL OPPORTUNITIES: Financial Examiner Training
Draughons Junior College Inc - Nashville, TN
Draughons Junior College Inc, 340 Plus Park Blvd, Nashville, TN 37217. Draughons Junior College Inc is a small college located in Nashville, Tennessee. It is a private for-profit school with primarily 2-year programs and has 450 students. Draughons Junior College Inc has less than one year, one to two year, and associate's degree programs in Accounting which graduated zero, zero, and three students respectively in 2008.
Trevecca Nazarene University - Nashville, TN
Trevecca Nazarene University, 333 Murfreesboro Rd, Nashville, TN 37210. Trevecca Nazarene University is a small university located in Nashville, Tennessee. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,366 students and an admission rate of 68%. Trevecca Nazarene University has a bachelor's degree program in Accounting which graduated seven students in 2008.
Lipscomb University - Nashville, TN
Lipscomb University, One University Park Drive, Nashville, TN 37204-3951. Lipscomb University is a small university located in Nashville, Tennessee. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,054 students and an admission rate of 75%. Lipscomb University has bachelor's degree, postbaccalaureate certificate, and master's degree programs in Accounting which graduated four, one, and zero students respectively in 2008.
National College of Business and Technology-Nashville - Nashville, TN
National College of Business and Technology-Nashville, 3748 Nolensville Pk, Nashville, TN 37211. National College of Business and Technology-Nashville is a small college located in Nashville, Tennessee. It is a private for-profit school with primarily 2-year programs and has 1,353 students. National College of Business and Technology-Nashville has an associate's degree program in Accounting which graduated eight students in 2008.
Tennessee State University - Nashville, TN
Tennessee State University, 3500 John Merritt Blvd, Nashville, TN 37209-1561. Tennessee State University is a medium sized university located in Nashville, Tennessee. It is a public school with primarily 4-year or above programs. It has 8,005 students and an admission rate of 46%. Tennessee State University has a bachelor's degree program in Accounting which graduated thirty-two students in 2008.
Vanderbilt University - Nashville, TN
Vanderbilt University, 2101 West End Avenue, Nashville, TN 37240. Vanderbilt University is a large university located in Nashville, Tennessee. It is a private not-for-profit school with primarily 4-year or above programs. It has 12,093 students and an admission rate of 25%. Vanderbilt University has a master's degree program in Accounting which graduated sixteen students in 2008.
Middle Tennessee State University - Murfreesboro, TN
Middle Tennessee State University, 1301 East Main Street, Murfreesboro, TN 37132. Middle Tennessee State University is a large university located in Murfreesboro, Tennessee. It is a public school with primarily 4-year or above programs. It has 23,872 students and an admission rate of 65%. Middle Tennessee State University has a bachelor's degree program in Accounting which graduated 106 students in 2008.
University of Phoenix-Nashville Campus - Nashville, TN
University of Phoenix-Nashville Campus, 616 Marriott Drive, Suite 150, Nashville, TN 37214-5048. University of Phoenix-Nashville Campus is a small university located in Nashville, Tennessee. It is a private for-profit school with primarily 4-year or above programs and has 761 students. University of Phoenix-Nashville Campus has a bachelor's degree program in Accounting which graduated nine students in 2008.
Belmont University - Nashville, TN
Belmont University, 1900 Belmont Blvd, Nashville, TN 37212-3757. Belmont University is a small university located in Nashville, Tennessee. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,075 students and an admission rate of 63%. Belmont University has a bachelor's degree and a master's degree program in Accounting which graduated zero and thirty-two students respectively in 2008.
Draughons Junior College-Murfreesboro - Murfreesboro, TN
Draughons Junior College-Murfreesboro, 415 Golden Bear Court, Murfreesboro, TN 37128. Draughons Junior College-Murfreesboro is a small college located in Murfreesboro, Tennessee. It is a private for-profit school with primarily 2-year programs and has 570 students. Draughons Junior College-Murfreesboro has less than one year, one to two year, and associate's degree programs in Accounting which graduated one, zero, and six students respectively in 2008.
Certified Forensic Accountant: Forensic accountants are professionals who use a unique blend of education and experience to apply accounting, auditing, and investigative skills to uncover truth, form legal opinions, and assist in investigations.
For more information, see the American College of Forensic Examiners website.
Associate in Premium Auditing: The Associate in Premium Auditing program provides a sold foundation in essential auditing, accounting, and insurance principles.
For more information, see the American Institute for CPCU and Insurance Institute of America website.
Risk Management for Public Entities: Understand the unique nature of the public sector.
For more information, see the American Institute for CPCU and Insurance Institute of America website.
Certified Treasury Professional Associate: We recognize the accomplishments of these full-time students who successfully completed the Corporate Treasury Management program at their college/university and passed the CTP exam to earn the Certified Treasury Professional Associate credential.
For more information, see the Association for Financial Professionals website.
Certified Fraud Examiner: The ACFE established and administers the Certified Fraud Examiner (CFE) designation.
For more information, see the Association of Certified Fraud Examiners website.
Certified Bank Auditor: The purpose of BAI Center for Certification - Certified Bank Auditor® (CBA) Continuing Professional Education (CPE) Program is to promote professional development and to provide a means for recognizing CBAs to keep current with industry changes or furthering their own development in banking, technology, auditing, or other disciplines that contribute to a CBA?s growth and development.
For more information, see the BAI Center for Certification website.
International Certificate in Banking Risk and Regulation: The role of risk management is becoming more important as both banks and supervisors around the world increasingly recognize that sound risk management practices are vital, not only for the success of individual banks, but also for the banking system as a whole.
For more information, see the Global Association of Risk Professionals website.
Certified IRA Services Professional: Applicable to financial services professionals who have dedicated IRA operational and technical experience.
For more information, see the Institute of Certified Bankers website.
Accredited Insurance Examiner: An Accredited Insurance Examiner (AIE) is awarded to insurance regulatory professionals who have been extensively trained in one of two primary fields of insurance regulation, Property and Casualty or Life and Health.
For more information, see the Insurance Regulatory Examiners Society website.
Certified Investment Management Analyst: The CIMA offers an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.
For more information, see the Investment Management Consultants Association website.
Economic Development Finance Professional: In NDC's EDFP Certification Program you will build the capacity to translate development opportunities into results for their communities.
For more information, see the The National Development Council website.
LOCATION INFORMATION: Murfreesboro, Tennessee
Murfreesboro is situated in Rutherford County, Tennessee. It has a population of over 101,753, which has grown by 47.9% in the past ten years. The cost of living index in Murfreesboro, 85, is well below the national average. New single-family homes in Murfreesboro are valued at $145,900 on average, which is near the state average. In 2008, five hundred seventy-nine new homes were constructed in Murfreesboro, down from 1,157 the previous year.
The top three industries for women in Murfreesboro are educational services, health care, and accommodation and food services. For men, it is construction, accommodation and food services, and educational services. The average commute to work is about 24 minutes. More than 30.8% of Murfreesboro residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 9.9%, is higher than the state average.
The unemployment rate in Murfreesboro is 9.6%, which is less than Tennessee's average of 10.2%.
The percentage of Murfreesboro residents that are affiliated with a religious congregation, 37.6%, is less than both the national and state average. Central Christian Church, Saint Rose of Lima Catholic Church and Saint Pauls Episcopal Church are some of the churches located in Murfreesboro. The most common religious groups are the Southern Baptist Convention, the Churches of Christ and the United Methodist Church.
Murfreesboro is home to the Clement Hall and the Military Park Brannons Redoubt as well as Old Fort Park and Jones Field. Shopping malls in the area include Northside Plaza Shopping Center, Northfield Crossing Shopping Center and Northfield Court Shopping Center. Visitors to Murfreesboro can choose from Doubletree Hotel Murfeesboro, Best Western Chaffin Inn and Hampton Inn Motel Fax Line for temporary stays in the area.