Office of the Comptroller of the Currency Employee Reviews about "examiners"

Updated Aug 9, 2021

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Found 20 of over 251 reviews

3.8
72%
Recommend to a Friend
25%
Approve of CEO
Office of the Comptroller of the Currency Comptroller of the Currency Joseph M. Otting
Joseph M. Otting
25 Ratings
Pros
  • "work life balance, good benefits(in 48 reviews)

  • "Great benefits - health insurance, retirement packages(in 37 reviews)

  • Cons
  • "Boring work, no upward mobility, lots of travel to places in the middle of nowhere(in 20 reviews)

  • "Management abdicates it’s responsibility to provide meaningful feedback by pitting examiners against each other to write peer appraisals(in 20 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Reviews about "examiners"

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    1. 2.0
      Former Intern, more than 5 years

      Get the NBE or don't stay long

      Aug 9, 2021 - Analyst in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flex work schedule even before pandemic is nice and the benefits are good. Of the banking regulators this is the best one.

      Cons

      You have to get the National Bank Examiners (NBE) license which takes 5 year regardless of experience and I can not emphasize this enough. The NBE allows you to get the best opportunities in the organization.

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    2. 4.0
      Current Employee, more than 3 years

      Decent place to work, especially for benefits

      Feb 7, 2021 - Associate National Bank Examiner in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Salary for new hires increases pretty quick as you expand your expertise - Benefits package (two 401ks + pension, work/life balance, affordable health care through FEHB) - Minimum expectation to work overtime Honestly, what keeps a good portion of people at the OCC - including me - is the benefits package. I joined the OCC straight out of college, and the salary increases significantly as you gain more experience examining banks. There's usually a good variety of assignments you're given, and the work is always somewhat different - no two banks are exactly the same. In addition, work/life balance is pretty nice, especially during this pandemic. Ability to work from home and have every other Friday off by default is especially nice.

      Cons

      - Easy to get pigeon-holed into a specific examination area, especially coming on as a new-hire ANBE - Political overtones depending on the current Comptroller (such as Otting trying to slash benefits, investment in OCC in order to lower bank fees) - Work can become tedious/repetitive depending on how your schedule is assigned While the types of assignments typically vary, it can be extremely easy to fall into one specific area, especially if management believes that would be a good fit for you. As a new hire, you're given one of three areas to "minor" in (IT, compliance/BSA, or asset management); however, if the business unit needs a specific area, you might just be assigned something you don't want to specialize in. In addition, depending on your team, you might just get stuck on repetitive assignments, with little ability to request a change. In addition, politics do come into play depending on the Comptroller. This results in constantly changing priorities or, in the event of former Comptroller Otting, an active attempt to reduce pay/benefits just to reduce bank fees to help the private sector out. It's somewhat annoying at times, but there's little you can do to help that.

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    3. 1.0
      Current Employee, more than 8 years

      Extremely Poor Management

      Mar 7, 2021 - Bank Examiner in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Pay and benefits are not bad.

      Cons

      Management abdicates it’s responsibility to provide meaningful feedback by pitting examiners against each other to write peer appraisals. Management also requires examiners to perform their long term strategy work which for community banks is an absolute waste of time.

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      5 people found this review helpful
    4. 3.0
      Current Employee, more than 5 years

      Benefits are great but not much else

      Sep 3, 2020 - Large Bank Examiner in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Benefits are great and second to none. However, be prepared to work similar hours to private sector during busy periods. Average annual raise is 2%

      Cons

      A lot of examiners know a lot about everything, but have no practical experience with respect to the areas they oversee. Be wary of employees who have spent their entire career here - they are very brainwashed. The organization also tends to heavily lean old and white male with conservative views. You also have to a be a yes man and be submissive to higher ranked employees otherwise you won't progress any higher.

      3 people found this review helpful
    5. 1.0
      Current Employee, more than 5 years

      Decent entry level salary and benefits...but for a personal life trade-off

      Oct 24, 2018 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Salary, benefits, reimbursed travel expenses

      Cons

      1. Managers (ADCs) have way too much control and subjectivity over pre-commissioned staff and allow tenured examiners to get away with low production and excessive liberties. 2. Training and development is not this agency's primary concern. Team leaders are not equally distributed in field offices and younger examiners are not getting the attention they need to lead banks and ultimately pass the UCE exam. 3. Younger examiners are thrown into EIC assignments with no real direction. 4. the commissioning process is treated as a big game with an average 7 year pass rate 5. Transfers are ALMOST IMPOSSIBLE for pre-comms even when dealing with personal hardship (example: single mother could not get a transfer to a different field office where her support system was located to care for young child).

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      5 people found this review helpful
    6. 3.0
      Former Employee, more than 1 year

      Great way to get introduced to the banking industry

      Dec 16, 2017 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Offers exposure to many areas of banking and regulation -Opportunities for a wide variety of training, developmental assignments, and rotations -Great pay and benefits

      Cons

      -Inability to control much of career for the first ~5 years -Treatment of all incoming examiners as though they have the same level of experience and same skillset -Get stuck working assignments you hate -Highly dependent on who your supervisor is, which changes from week to week -High travel

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      2 people found this review helpful
    7. 1.0
      Current Employee, more than 8 years

      Terrible Management. Poisonous culture.

      Jan 29, 2017 - Examiner in Chicago, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Lots and Lots of Travel.

      Cons

      Old vertical style management One way communication -- down If you voice concern about procedure or process you are criticized / punished Total lack of concern for employee morale Annual evaluation is based strictly on peer input Upper and mid-level managers are out of touch with examiners and exam work Window dressing work without meaning Spend as much time strategizing as working Different parts of organization (large, mid and community) compete for resources This is not one OCC. This is three OCCs. Constant crisis management

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      1 person found this review helpful
    8. 3.0
      Current Employee, more than 3 years

      It Depends...

      Sep 21, 2016 - Associate National Bank Examiner in Chicago, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -The starting time each day is pretty flexible, unless you're in training or at a bank with picky hours. Just make sure you work your 9 hours and get your work done. -9/4/5 schedule is great. 9 hour days can get long at times, but having every other Friday off is wonderful, and you can move it around to other days if you'd like (easy to turn 3-day weekends into 4). -Immediate face-to-face exposure with the highest level of bank management -Lots of exposure to many different areas of banking very early in your career. -Most people seem very pleasant. I haven't met many that are unbearable to work with. -Pay and benefits are actually pretty solid for someone early in their career (considering it's a government job!). -Lots of career opportunities if you like banking and want to stick with the agency for a decent amount of time.

      Cons

      I believe that my office has a culture problem, so I apologize if this review seems skewed. I've worked with other offices, and the culture seems very different. -It's easy to feel like a "bad guy" after a while. Show up, pretend your exam is "risk-based", and then annihilate the bank with corrective actions that just seem excessive for a $40 million institution. RIP community banks. -At new hire training, HR drilled it into our heads that we are not to work more than our scheduled hours. Many many people work more hours than this, which creates a false image that our exam scoping/strategies are allotting sufficient time. If everyone stopped working extra hours, the over-documentation, over-analyzing, over-editing, etc. that occurs in our office would immediately float to the surface. But for now, we keep it buried. The biggest problem I have with this is that there's no incentive to work these extra hours. You won't move up in the ranks or get any kind of bonus (okay, maybe a $500 pre-tax award if you're lucky and have friends in the right places), plus your work will just be destroyed by the people editing it anyway. -While it can keep things fresh to have lots of different areas to examine, it also makes it very difficult to feel comfortable in an area. It also causes some serious anxiety when they don't assign you to work an area for 6-24 months, then a week before an assignment they switch you to examine that area on a three day week. Jack of many trades, but certainly master of none. -They don't like to let you specialize until you're at least 5+ years into the job, but many higher-ups expect expert-level work. New regulations come out at a decent pace, especially within compliance/BSA, and it's silly that we can't expedite the process to train specialized examiners for these less-financial areas (including IT as well). -Management of the agency has absolutely no idea what life is like for the people on the bottom rung. Dare I mention.... exam efficiencies? Basically, the plan was to have everyone stop working at the banks and start working from the office instead ("effective immediately" when they first announced it. I'll admit, it's the fastest I've seen the government make a decision about something), while they were simultaneously trying to downgrade the amount of office space we have. Yes, our offices are empty, but perhaps it's because 98% of our staff is at a bank on a given workday... It just baffles me to think of how poorly planned out this was...

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      17 people found this review helpful
    9. 4.0
      Former Employee, more than 8 years

      After 7 years.

      Nov 23, 2015 - Program Analyst in Washington, DC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      salary and pay is good, better than most place since OCC is non-appropriated. training funds are fantastic as well. free gym downstairs and facility is great. food isn't bad in cafeteria but its pricey.

      Cons

      depending on what department you're in you can be looked as a godsend or just an average joe. godsend are those examiners, and average joes are everyone else. i worked on the support side with bad management. was hard to move up or around. hopefully with the new CFO, she can change things around and remove bad management.

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    10. 4.0
      Current Employee, less than 1 year

      Good money; relaxed pace

      Nov 23, 2015 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The people are great and the money is very good considering that they will hire people directly from school. There is also a fairly relaxed atmosphere, although this may vary slightly depending on your manager.

      Cons

      It may be difficult to get assignments in your area of interest without seniority. It takes time to develop a good reputation with the other examiners and get the positions assignments you want.

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