What does it cost to hire a financial examiner in Detroit?

Tier I to Tier VI, $6,240 to $54,340 per search, set by the seniority of the role and never by salary or location. A contingency firm billing 20 to 30% of this role's $75,930 median wage in the Detroit-Warren-Dearborn, MI area (BLS OEWS, May 2025) would charge roughly $15,186 to $22,779 on the first year salary alone.

Is the talent for this role already in Detroit?

This is a job zone 4 occupation, which usually calls for a bachelor's degree, and 17.6% of Detroit adults hold one or higher (Census ACS 5-year 2023, table S1501). That is a thin local pool, so expect the search to run across the metro rather than inside the city.

Hiring a financial examiner in Detroit, MI

Employers in the Detroit-Warren-Dearborn, MI area pay financial examiners a median of $75,930 a year, with the middle half of the market between $61,540 and $98,010 (BLS OEWS, May 2025, SOC 13-2061). Filling it through recruitlocalpros runs Tier I to Tier VI, $6,240 to $54,340 per search, set by the seniority of the role rather than by salary or location, and our vetted recruiting partner handles sourcing, screening and placement end to end.

Do Detroit residents in business and financial operations work earn more than employers in the Detroit-Warren-Dearborn, MI area pay?

Detroit residents working in business and financial operations occupations earn a median of $61,628 (Census ACS 5-year 2023, tables S2401 and B24011), against $79,510 as the median of the 28 wages BLS publishes for that same occupation group in the Detroit-Warren-Dearborn, MI area (BLS OEWS, May 2025), a difference of 22%, with the employers figure the higher of the two.

Both sides of that figure describe the whole business and financial operations group, not this one role. In the Detroit-Warren-Dearborn, MI area the group covers 28 occupations BLS publishes a wage for, from tax preparers at $46,450 to project management specialists at $105,350 (BLS OEWS, May 2025), with financial examiners at $75,930 inside it.

That comparison is between two different measures, not a pay gap. The two weight the same occupation group differently: the Census figure is the midpoint across the people who actually hold those jobs, so a group carrying a few very well paid occupations is pulled toward them, while the BLS figure is the midpoint across the 28 published occupation wages, which counts each of those occupations once whatever its headcount. Census also counts where people live and BLS counts where the jobs are, and the two cover different populations, Census the civilian employed population 16 and over, BLS wage-and-salary jobs only. Read the number against other cities, where the same definitional difference applies on both sides, rather than as a shortfall.

Published wages across this group in the metro run above what Detroit residents in it earn, which usually means employers here draw this talent from beyond the city line rather than from inside it.

What does a financial examiner earn here?

Place of work

What employers pay

Annual wages paid to financial examiners by employers in the Detroit-Warren-Dearborn, MI area. BLS OEWS, May 2025, SOC 13-2061.
25th percentile	$61,540
Median	$75,930
75th percentile	$98,010

Half of financial examiners in this area earn between $61,540 and $98,010 (BLS OEWS, May 2025). A band set below $61,540 competes for the bottom quarter of the market. Occupation detail for SOC 13-2061 at O*NET OnLine.

Place of residence

What Detroit residents earn

$61,628

Median annual earnings of Detroit residents working in business and financial operations occupations, 8,831 people (Census ACS 5-year 2023, tables S2401 and B24011). An occupation group rather than this one role, and where people live rather than where they work, so it is not the same measurement as the wages beside it.

What does the role actually involve?

Core tasks

Direct and participate in formal and informal meetings with bank directors, trustees, senior management, counsels, outside accountants, and consultants to gather information and discuss findings.
Recommend actions to ensure compliance with laws and regulations, or to protect solvency of institutions.
Prepare reports, exhibits, and other supporting schedules that detail an institution's safety and soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions.
Resolve problems concerning the overall financial integrity of banking institutions including loan investment portfolios, capital, earnings, and specific or large troubled accounts.
Investigate activities of institutions to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency.

Task statements for SOC 13-2061, O*NET OnLine 29.1.

Tools and technologies in demand

Microsoft Excel, Microsoft Office software, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Microsoft Access, Microsoft Project, Microsoft SharePoint.

Flagged in demand or hot for SOC 13-2061 by O*NET OnLine 29.1. Useful as a screen, not as a checklist.

Is the talent actually in Detroit?

This is a job zone four: considerable preparation needed occupation. Most of these occupations require a four-year bachelor's degree, but some do not. O*NET OnLine, SOC 13-2061.

That matters here, because 17.6% of Detroit adults hold a bachelor's degree or higher. That is a thin local pool for a degree-requiring role, so expect to recruit across the metro rather than inside the city. Census ACS 5-year 2023, table S1501, residents of Detroit aged 25 and over.

The average Detroit commute runs 25.4 minutes, which is roughly how far your catchment reaches before candidates start saying no. 10.1% of Detroit workers already work from home, so a fully onsite requirement here is competing against that. Census ACS 5-year 2023, place-level commuting characteristics for Detroit.

How big is this industry in Wayne County?

Accounting, tax preparation, bookkeeping and payroll services in Wayne County employs 5,750 people across 525 establishments, at an average wage of $2,044 a week. BLS Quarterly Census of Employment and Wages, 2024 Q1, private ownership, NAICS 5412.

Michigan does not release to the Census LEHD Quarterly Workforce Indicators, so this county carries QCEW instead. QCEW counts jobs and payroll and publishes no hires, separations or turnover rate, so there is no local churn figure for Wayne County and none is implied here. The employment count tells you how deep the local employer base is: spread across many employers, which means candidates have somewhere else to go and counteroffers are common.

What does the search cost?

The fee is set by the seniority of the role, never by salary and never by location. Across all six tiers it runs $6,240 to $54,340 per search. A contingency firm hiring at this role's $75,930 median in the Detroit-Warren-Dearborn, MI area (BLS OEWS, May 2025) would bill roughly $15,186 to $22,779 on the first year salary alone.

One owner runs the search from market map to signed offer. Searches typically fill in 23 to 35 days, which is a typical window rather than a promise, and the replacement guarantee runs 45 days at 50% off.

Questions employers ask about hiring a financial examiner in Detroit

What does it cost to hire a financial examiner in Detroit?: Tier I to Tier VI, $6,240 to $54,340 per search, set by the seniority of the role and never by salary or location. A contingency firm billing 20 to 30% of this role's $75,930 median wage in the Detroit-Warren-Dearborn, MI area (BLS OEWS, May 2025) would charge roughly $15,186 to $22,779 on the first year salary alone.
What should an offer for a financial examiner in Detroit look like?: Employers in the Detroit-Warren-Dearborn, MI area pay financial examiners a median of $75,930, with the middle half of the market between $61,540 and $98,010 (BLS OEWS, May 2025). A band set below $61,540 competes for the bottom quarter of that market.
Do Detroit residents in business and financial operations work earn more than employers in the Detroit-Warren-Dearborn, MI area pay?: Detroit residents working in business and financial operations occupations earn a median of $61,628 (Census ACS 5-year 2023, tables S2401 and B24011), against $79,510 as the median of the 28 wages BLS publishes for that same occupation group in the Detroit-Warren-Dearborn, MI area (BLS OEWS, May 2025), a difference of 22%. Both figures cover the whole occupation group rather than this one role, and one counts where people live while the other counts where the jobs are, so the percentage is not a pay gap.
Is the talent for this role already in Detroit?: This is a job zone 4 occupation, which usually calls for a bachelor's degree, and 17.6% of Detroit adults hold one or higher (Census ACS 5-year 2023, table S1501). That is a thin local pool, so expect the search to run across the metro rather than inside the city.

Price this search

Eight questions about the role. Your tier range appears on screen.

Hiring a financial examiner somewhere else?

Same role, different market. The wage band moves with the metro.

Other business and financial operations roles in Detroit

Detroit is the largest of 2 Michigan cities in this dataset.