Increasingly Complex Regulatory Environment to Boost Finance Jobs Hiring

Financial examiners and compliance officers are expected to be two of the 30 fastest-growing U.S. occupations over the next 10 years, reports an Associated Press news story published by the Washington Post.

 

A trend that could head over to Asia soon, the number of jobs for financial examiners is projected to grow more than 40% from 2008 to 2018, says the news report, citing the U.S. Labor Department. According to AP, examiners are employed by banks, insurance companies and other firms, as well as by the government agencies that regulate them. They're responsible for ensuring that the firms comply with the state and federal rules that govern their industries. The occupation will account for 38,000 jobs in 10 years, says the department.

 

Meanwhile, compliance officers, which are employed mostly by government regulators and financial firms, are more numerous than examiners, and the number of such jobs is expected to jump 31%, to a total of 341,000, by 2018, says the department.
 

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