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Certified Large Institution Examiner (CLIE)

Candidates for the CLIE designation must provide evidence of the following:

  • Completion of a minimum of three (3) years of on-the-job service and training as an examiner of large (>$10 billion in assets) and/or complex financial institutions.
  • Satisfactory completion of the course requirements for the COE, CCE, and CEIC designations and one of the following course offerings or an equivalent [equivalent offerings must cover Comprehensive Capital Analysis and Review (CCAR) and Liquidity Coverage Ratio (LCR)]:
    • CSBS Large Bank Supervision Forum
    • FDIC Large Bank Supervision Conference
  • Attestation of successful job performance and mastery of appropriate job-related skills by the applicant's direct supervisor or another individual familiar with the applicant's performance.

The applicant's direct supervisor must provide at least "meets expectations" ratings in the following competencies; additionally, the supervisor's supporting narrative assessment must provide detailed and unique examples of the applicant's performance in these competencies:

TECHNICAL – Provides effective leadership and organization to the examination process by:

  • Effectively supervising personnel to ensure adherence to examination procedures and policies
  • Providing effective training
  • Monitoring progress of assigned personnel to ensure accurate and timely completion of work
  • Effectively organizing and delegating assignments
  • Effectively supervising the organization and documentation of work papers according to prescribed procedures
  • Effectively supervising and overseeing the entire examination process, including coordination of the examination team, compilation of examination findings, and communicating recommendations to institution management
  • Providing analysis of the institution and supplying 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 following established examination procedures to collect and analyze data
  • Effectively anticipating and reacting to new products, processes, and regulatory mandates
  • Effectively demonstrating an understanding of the material risks present in institution practices
  • Effectively understanding "downstream" or "counterparty" risks arising from transactions with other insured depositories or financial intermediaries
  • Developing accurate conclusions from collected data and evaluating staff opinions to develop meaningful recommendations
  • Reviewing reports of examination for accuracy, content, conclusions, proper grammar, and tone for effective communication
  • Effectively developing, evaluating, and adjusting scope of examination as required

LEGAL/COMPLIANCE – Effectively demonstrates knowledge of policies, procedures, laws, rules, and regulations.

  • Effectively communicating current and developing consumer and compliance regulations to institution management and board
  • Effectively demonstrating knowledge of legal and reputational risks that are inherent in the institution’s activities
  • Effectively demonstrating and communicating knowledge of BSA/AML requirements and controls
  • Establishing and maintaining 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 communicating assignments to assisting personnel
  • Effectively and clearly communicating with financial institution personnel to obtain information
  • Effectively and clearly communicating examination findings to financial institution and supervisory personnel
  • Effectively preparing written comments which are accurate, grammatically correct, logically arranged, and which factually support any conclusions drawn
  • Effectively conducting meetings with management and the boards of directors of financial institutions
  • Effectively coordinating examination planning and execution with other state and federal supervisory authorities

RECERTIFICATION

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.

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