What is a Field Examiner Job?
A field examiner job is a position that requires individuals to travel to various locations, including businesses and homes, to assess the value of assets. This type of job is often found in the financial industry, specifically in lending, as it is essential to know the value of the assets when considering a loan.
What Usually Occurs in This Position?
Field examiners are responsible for conducting asset inspections, which typically involves visiting a location and examining assets such as inventory, equipment, and accounts receivable. They work with various businesses, including banks, credit unions, and asset-based lenders, to assess the collateral value of assets to determine the appropriate amount to lend.
The role of a field examiner also involves creating reports that detail the findings of their assessment, including the value of the assets and any potential risks. They must have excellent communication skills to discuss their findings with clients, as well as the ability to work independently and manage their time effectively.
Top 5 Skills for the Position
The top skills required for field examiner jobs include the following:
- Attention to detail
- Excellent communication skills
- Strong analytical skills
- Ability to work independently
- Excellent time management skills
How to Become a Field Examiner Specialist
To become a field examiner specialist, you typically need a minimum of a bachelor's degree in a related field, such as finance, accounting, or business. Some employers may also require certifications or licenses, such as a Certified Public Accountant (CPA) or Certified Fraud Examiner (CFE).
However, relevant work experience is often more valuable than education in this field, so gaining experience through internships or entry-level positions is an excellent way to build a career as a field examiner. It is also essential to stay up-to-date with the latest industry trends and regulations.
Average Salary
The average salary for field examiner positions varies depending on the employer, level of experience, and location. According to Glassdoor, the average salary for a field examiner is $61,000 per year, with salaries ranging from $42,000 to $89,000 per year.
Roles and Types
Field examiner jobs can vary in terms of the types of assets they assess and the industries they work in. Some common roles and types of field examiner jobs include:
- Inventory Field Examiner
- Accounts Receivable Field Examiner
- Equipment Field Examiner
- Real Estate Field Examiner
- Commercial Lending Field Examiner
Locations with the Most Popular Jobs in the USA
Field examiner jobs can be found throughout the United States, but some cities and states have a higher concentration of these positions. According to Indeed, the top cities for field examiner jobs in the USA are:
- New York, NY
- Chicago, IL
- Los Angeles, CA
- Houston, TX
- Atlanta, GA
What Are the Typical Tools?
Field examiner specialists use a range of tools to carry out their work, including laptops, tablets, and smartphones to access data and record their findings. Other tools they may use include measuring tape, cameras, and other equipment to assess the value of assets accurately.
In Conclusion
Field examiner jobs are essential for businesses in the financial industry, as they help assess the value of assets when determining lending amounts. To become a field examiner specialist, you typically need a degree in a related field, relevant work experience, and excellent communication and analytical skills. With the right skills and experience, you can build a successful career as a field examiner and help businesses make informed lending decisions.