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Regulations and Examinations

Risk Management Training Program - Financial Institution Analysis School

Last Updated: February 3, 2023

Program Overview

FIAS is a core training curriculum for all pre-commissioned bank examiners.  FIAS is designed to help you develop your ability to analyze the financial condition of institutions and to present your conclusions in an appropriate manner.  In FIAS, you'll expand upon your current experience as you continue to analyze more complex bank data, learn how to assess the financial risk of an institution, and explore the interrelationships between the CAMELS components.  You'll apply your examiner judgment and decision making skills to reach conclusions and support them through your written comments.

Skills Taught

By the end of this course, students will have been taught how to:

  • Analyze a financial institution using on- and off-site techniques
  • Assign and support CAELS component ratings with written comment
  • Determine the impact of the CAMELS componentsinterrelationship
  • Analyze UBPRs, IRRSAs, and other financial information
  • Arrive at meaningful conclusions
  • Write persuasive conclusions and support their assigned ratings.

Duration and Format

This course contains:

  • 65.5 total hours of Pre-course Work
    • Independent Study – 40 hours
    • Prelude Bank debrief – 90 minutes
    • My Turn Bank Offsite Analysis – 24 hours
  • 2-week Facilitated classroom discussions/lectures
    • Small group activities
    • In-class study

Level and Credits

Basic
Continuing Education Unit (CEU): 6.8
Continuing Professional Education Unit (CPE): 81.5

Target Audience

This course is designed for pre-commissioned examiners with generally between 11 and 15 months of risk management bank examination experience.  There should be a minimum of five months after attending Introduction to Examinations School.  This course is open to appropriate staff of the FDIC and partner government regulatory agencies.  This course is not open to the public or staff of private banks.

Prerequisites and Prior Work Experience

Prior to attending the course, participants must have completed and have a working knowledge of the following:

  • Completed Risk Management Orientation – (FDIC only)
  • Completed the Introduction to Examinations School
  • Reviewed off-site analysis materials such as UBPRs, Call Reports, IRRSAs
  • Analyzed and have written draft comments for Capital, Earnings, Liquidity, and Sensitivity to Market Risk
  • Completed the Independent Study
  • Completed an off-site analysis for My Turn Bank.
  • Participated in Prelude Bank debrief

Pre-Course Assignment

The items below constitute the pre-course assignment.  The pre-course assignment is due in general two weeks/11 business days prior to the start of the session.  The exact date the work is due for any given session is specified in the pre-course information sent approximately two months prior to the start date.  Prior to attending the workshop, participants are required to complete the following pre-course assignments:

  • Independent Study
  • Off-site portion of My Turn Bank
  • Participate in an on-line debrief on Prelude Bank.

NOTE: RMS has authorized up to 40 hours of official time to complete the Independent Study, and up to 24 hours to complete off-site analysis of My Turn Bank case study. Additionally, allow for a 90 minute on-line teleconference call on Prelude Bank, which typically takes place on a Tuesday at 2PM Eastern Time two weeks prior to the start of the class.

Post Course Recommendation and Feedback

Students should continue as Operations Manager and get additional practice in all of these areas soon after completing the school.

A written appraisal of the participant's performance is submitted to each participant's field supervisor or State Banking Authority training contact approximately 30 days after the conclusion of the school.

Key Topics

  • Asset Quality
    • Participants will not learn how to rate the quality of individual assets; rather they learn to take the results of the qualitative analysis done by more experienced examiners and review ratios and other measurements to analyze the bank’s asset quality component and its effect on the other financial components.
  • Earnings
    • Participants are provided the earnings analysis trail.  Students review core and non-core earnings elements, underfunded ALLL, nonrecurring items, and recalculate the ROA.  Using a case study, students review and analyze earnings, assign a rating and support the rating in Report of Examination, Examiner Comments and Conclusions comment format.
  • Adversely Classified Coverage Ratio
    • Participants review the Examination Data Ratios (EDR) page and discuss elements of EDR, including severity of classifications, volume and trend.
  • Liquidity
    • Using a case study, students review and analyze a bank’s liquidity, assign a rating and support the assigned rating in Report of Examination, Examiner Comments and Conclusions format.
  • Sensitivity to Market Risk
    • Participants are introduced to common types of interest rate risk, and to interest rate risk models.  Students analyze model outputs and assess the level of risk on a bank’s balance sheet.  Students also review management’s policy and procedures.  Using a case study, students review and analyze a bank’s interest rate risk exposure, assign a rating and support the assigned rating in Report of Examination, Examiner Comments and Conclusions format.-
  • Capital
    • Using a case study, students review and analyze capital, assign a rating and support the rating in Report of Examination, Examiner Comments and Conclusions comment format.
  • Management
    • Participants are introduced to the Management Component.  In a group discussion, students assign a Management and Composite rating for the in-class case study.
  • Culmination case study
    • Participants assign and defend ratings in a final case study.

More Information

CPE Credit logoFor information regarding administrative policies such as complaints and refunds, please contact Corporate University, Attn: NASBA Representative Ava Livas, Room A-3025, 3501 North Fairfax Drive, Arlington, VA 22226 (703) 562-2463.

The Federal Deposit Insurance Corporation is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org

IACET logoThe Federal Deposit Insurance Corporation (FDIC) is accredited by the International Association for Continuing Education and Training (IACET) (www.iacet.org). The FDIC complies with the ANSI/IACET Standard, which is recognized internationally as a standard of excellence in instructional practices. As a result of this accreditation, the FDIC is accredited to issue the IACET CEU.

For more information concerning course content and administration, please contact Dan Hotz or Sonya Staples.