Class Dates: TBD
Deadline to apply: TBD
Setting a Deposit Insurance Fund Target is a two day in person program 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 to five 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.
- FDIC will confirm accepted participants and may offer organizations an opportunity to register additional applicants.
- Setting a Deposit Insurance Fund Target Application.
- 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: 550 17th St NW., Washington DC, 20429
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.
Translation services will not be offered. Students should have a strong command of English to maximize their comprehension of the program.