Setting a Deposit Insurance Fund Target Information

Class Dates: October 24 - 26, 2023 from 8:00 AM - 11:00 AM (EST)

Deadline to apply: August, 30, 2023

Setting a Deposit Insurance Fund Target is a three-day, nine-hour program (approximately 3 hours/day) designed to provide the practitioner with customized tools to understand how to set a target fund based on model simulations and to customize the data to their own jurisdiction. During the program, senior FDIC experts will:

• Describe the economic basis for the model calculation from international standard setting bodies.
• Explain how various components of the model operate.
• Provide hands on exercises to clarify and/or customize required data elements.
• Test the participant's knowledge on various target fund methodologies.
• Engage in discussions with practitioners on their own challenges on data acquisition in home jurisdictions.
• Run various model scenarios to establish a target fund based on tolerances to Percent Defaults (PD), Loss Given Defaults (LGD), Exposure at Default (EAD) and Correlations.

Applicant Profile:

• Staff experts with a responsibility for implementing or designing target fund policy and procedure.
• Three years experience in target fund development.
• Background in Modeling, Economics, Accounting or similar disciplines.

Application Process:
This program is limited to 15 applicants. FDIC will attempt to accommodate at least one applicant from interested organizations.

1. FDIC will confirm accepted participants and may offer organizations an opportunity to register additional applicants.
2. Setting a Deposit Insurance Fund Target Application.
3. To qualify applicants will be expected to complete advanced reading supplied by the FDIC prior to the start date and complete a learning validation exercise.

Program Fee: None

Location of Training: Virtual

FDIC Contact: If you have questions about the Setting a Deposit Insurance Fund Target seminar, you may direct them via e-mail to InternationalTraining@fdic.gov.