Certified Operations Examiner (COE)
Safety and Soundness Certification
Certified Operations Examiner (COE)
Candidates for the COE designation must provide evidence of the following:
- Completion of a minimum of twelve (12) months of on-the-job service and training related to financial institution regulation and supervision.
- Satisfactory completion of the following course offerings or equivalent:
- CSBS Day One: Bank Safety & Soundness Examiner Training and Bank Financial Analysis School or
- FDIC Introduction to Examinations and Financial Institution Analysis Schools - Attestation of successful job performance and mastery of appropriate job-related knowledge, skills, and abilities by the applicant's direct supervisor or another individual familiar with the applicant's performance.
The ratings and narrative assessments must address the following competencies:
TECHNICAL - Provides effective organization to the examination process by:
- Effectively adheres to examination procedures and policies
- Effectively organizes assignments
- Ensures pre-examination planning and requests are successfully completed in a timely manner, and
- Organizes and effectively documents workpapers according to prescribed procedures.
CONCEPTUAL - Provides effective and accurate evaluation of the operational activities of financial institutions by:
- Effectively follows established examination procedures to collect and analyze data, and
- Develops correct conclusions from collected data.
LEGAL/COMPLIANCE - Effectively demonstrates knowledge of policies, procedures, laws, rules and regulations.
HUMAN RELATIONS - Provides effective oral and written communications by:
- Effectively and clearly communicates with financial institution personnel to obtain information;
- Effectively and clearly communicates examination findings to supervisory personnel;
- Effectively prepares written comments that are accurate, grammatically correct, logically arranged, and factually support any conclusions drawn; and
- Works effectively with others to achieve common goals.
RECERTIFICATION
Every three years, certified examiners are required to submit 63 continuing education hours (CEHs) in order to renew a COE 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.