Financial Institution Specialist

Financial Institution Specialists receive on-the-job and formal classroom training designed to provide practical experience in the compliance function of the FDIC. 

The Financial Institution Specialist (FIS) position in the Division of Risk Management Supervision (RMS) is geared towards becoming a commissioned bank examiner. FISs participate on work assignments located in and outside of the employee's official duty station. Financial Institution Specialists also:
 

• Assists with reviewing the institution's capital plans, strategic plans, and dividend policies, and compliance with regulatory requirements.
• Assists in evaluating the institution's sensitivity to market risk and the adequacy of the internal measurement and control systems and policies.
• Completes work papers, comments, and summaries. Drafts comments for the report of examination. Proofs and edits written work products for clarity, accuracy, consistency, proper grammar, spelling, and conformance with FDIC guidance.
• Communicates with institution personnel to gather information, presents findings, and obtain commitments for corrective actions.
• Assists with examination coordination and planning by reviewing information and documents to identify potential risk areas and assists with preparing segments of examination planning documents.
• Evaluates non-complex securities and investments to assess risk exposure and management of investment activity, and assigns classifications in accordance with examination policies.
• Completes examination assignments on time; communicates with the examination team regarding work performed; and collaborates with coworkers to accomplish work activities in a timely manner.
• Accurately analyzes information and calculates frequencies, percentages, sums, and ratios.