Candidates for the CLIE designation must provide evidence of the following
- Completion of a minimum of thirty-six (36) months of on-the-job service and training as an examiner of large and/or complex financial institutions.
- Satisfactory completion of the course requirements for the COE, CCE, and CEIC designations and one of the following CSBS course offerings or an equivalent*:
- CSBS Large Bank Supervision Training
- FDIC Large Bank Supervision Conference
- *Equivalent offerings must cover Comprehensive Capital Analysis and Review (CCAR) and Liquidity Coverage Ratio (LCR)
- Attestation of successful job performance and mastery of appropriate job-related skills by a superior within the candidate’s organization.
- “Superior” is defined as an individual whose job classification is at the examinations manager, chief examiner, or supervising examiner level or higher.
- All attestations shall be considered final once signed. Attestations as to a candidate’s skill level will be supported by a defined response form that outlines the necessary and appropriate skills.
- A high degree of reliance is placed on the attestation forms provided by an applicant’s supervisor when granting certification. For that reason, the individual signing the form should be familiar with the applicant’s experience, performance, and skills and abilities, and should be confident that the applicant meets all the requirements as noted on the form.
The attestation form addresses the following categories:
TECHNICAL – Provides effective leadership and organization to the examination process by:
- Effectively supervises personnel to ensure adherence to examination procedures and policies
- Provides effective training
- Monitors progress of assigned personnel to ensure accurate and timely completion of work
- Effectively organizes and delegates assignments
- Effectively supervises the organization and documentation of work papers according to prescribed procedures
- Effectively supervises and oversees the entire examination process, including coordination of the examination team, compilation of examination findings, and communicating recommendations to institution management
- Provides analysis of the institution and supplies appropriate recommendations for streamlining or clarification of processes and/or structure
CONCEPTUAL – Provides effective and accurate evaluation of the overall activities of financial institutions by:
- Effectively follows established examination procedures to collect and analyze data
- Effectively anticipates and reacts to new products, processes, and regulatory mandates
- Effectively demonstrates an understanding of the material risks present in institution practices
- Effectively understands "downstream" or "counterparty" risks arising from transactions with other insured depositories or financial intermediaries
- Develops correct conclusions from collected data and evaluates staff opinions to develop meaningful recommendations
- Reviews reports of examination for accuracy, content, conclusions, proper grammar, and tone for effective communication
- Effectively develops, evaluates, and adjusts scope of examination as required
LEGAL/COMPLIANCE – Effectively demonstrates knowledge of policies, procedures, laws, rules, and regulations.
- Effectively communicates current and developing consumer and compliance regulations to institution management and board
- Effectively demonstrates knowledge of legal and reputational risks that are inherent in the institution’s activities
- Effectively demonstrates and communicates knowledge of BSA/AML requirements and controls
- Establishes and maintains communication channels with other regulatory constituencies, such as the CFPB and other federal and state authorities
HUMAN RELATIONS – Provides effective oral and written communications by:
- Effectively and clearly communicates assignments to assisting personnel
- Effectively and clearly communicates with financial institution personnel to obtain information
- Effectively and clearly communicates examination findings to financial institution and supervisory personnel
- Effectively prepares written comments which are accurate, grammatically correct, logically arranged, and which factually support any conclusions drawn
- Effectively conducts meetings with management and the boards of directors of financial institutions
- Effectively coordinates examination planning and execution with other state and federal supervisory authorities
Every three years, certified examiners are required to submit 63 continuing education hours (CEHs) in order to renew a CLIE certification. If an examiner exceeds this requirement, up to 14 CEHs may be carried over into the new three-year term. Continuing education should be selected with the goal of maintaining, improving, or expanding the examiner's knowledge, skills, and abilities.