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Examination Tools: Update 2009

Examination Tools: Update 2009. CSBS Examiners Forum June 22 – 24, 2009 New Orleans, LA. ALERT 3.2. Current Version: 5.3 (released April 2008) Available for download: www.csbs.org Enhancements/Updates: There have been five updates since the release of 5.3.

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Examination Tools: Update 2009

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  1. Examination Tools:Update 2009 CSBS Examiners Forum June 22 – 24, 2009 New Orleans, LA ALERT 3.2

  2. Current Version: 5.3 (released April 2008) • Available for download: www.csbs.org • Enhancements/Updates: • There have been five updates since the release of 5.3. • Updates were for the Call report changes implemented. • Also include corrections to the Compliance Workpaper templates. • Past Due and No Accrual loans/Gross Loans in GENESYS incorrect. • ROE pages corrected. • GENESYS 5.3 is not compatible with Office 2007.

  3. GENESYS 5.4 • Project began April 2008. • Off-site Testing occurred in Feb/Mar 2009. • Identified issues related to Office 2007 that involved the rep/sync with Office 2003. • Second round of testing June 2009 • States that participated in testing: CA. KY, ND, UT • Still experiencing Office 2007 issues with rep/sync. • Release planned for July 2009. • Will be compatible with Office 2003, Office 2007 XP and Vista.

  4. Future plans for GENESYS • Plan to build version that pulls information from the Central Data Repository (CDR). • Redesign process in 2010. • Work with FDIC and FRS.

  5. ALERT 3.2 • Current Version: 3.2(released January 2008) • Download available: www.csbs.org

  6. ALERT 3.2 • What’s coming: ALERT modernization project • Revamp of system: • Retain current functionality • Utilize functionality of the LPAT add-on that is currently being used • Upgrade to new and current technology • Ability to build upon previous examination findings • Update/Customization of query capabilities • Ability to electronically complete line sheets • Provide additional types of line sheets based on scope • Support comparative analysis • Schedule: • Stakeholder Meetings: on hold • Design Phase: on hold • UAT: on hold • Implementation/Training: on hold

  7. E-line sheets (1)

  8. E-line sheets (collapsed)

  9. Status: • UAT: July 7 – 11, 2008 • FDIC • States: GA, NY, IN, and PA • Implementation: on hold due to issues during 2008 testing. • Exams in the current system will migrate forward. • States should continue uploading examinations.

  10. Current Upload Process: • Upload GENESYS exam complete file • Upload ROE document, if prepared outside of GENESYS • IER memo dated 4/22/09 • Effective 4/27/09 • If State Banking Department uses GENESYS and has scanning capability, scan ROE into a PDF, submit using the Extranet. • If State Banking Department uses GENESYS and does not have scanning capability submit through the Extranet and submit signed hard copy of ROE to the appropriate FDIC regional office. • If agency does not use GENESYS still scan ROE or submit through the Extranet.

  11. Examination Module Updates AVAILABLE on CSBS Website The Examination Modules are an examination tool that focuses on risk management practices and guides examiners to establish the appropriate examination scope. The modules incorporate questions and points of consideration into examination procedures to specifically address a bank's risk management strategies for each of its major business activities. • Updates in 2009: • Trust – Core Activities – January 2009 • Third Party Risk – Core Activities • Subprime Lending – Core Activities • Home Equity Lending – Core Activities • Bounced Check/Overdraft Protection Program – Core Activities • Construction & Land Development – Core Activities – May 2009 • Troubled Debt Restructuring – Core Activities • Residential RE Lending – Core Activities

  12. Secure exchange of files: • Available through FDIC Extranet • Examination File Exchange (EFE) • Between banks, FDIC, and state banking departments • Pre-exam planning documents • ALERT files • Share documents between agencies

  13. iBEAT Interagency BSA Examination Automated Tool Features • Cleaning Imported FinCEN Data • Suspicious Activity Report Analysis • Currency Transaction Report Analysis • Establishing Preferences • Searching Records • Standard and Customized Reports • Printing Reports • Exporting Reports to MS Excel • Deleting FinCEN Data from iBEAT

  14. iBEAT

  15. Bank Secrecy Act/ Anti-Money Laundering Manual • Revisions planned for 2009 include: • FFIEC Risk Management of Remote Deposit Capture • International ACH payment systems changes • Compliance Risk Management programs and Oversight at Large Banking Organizations w/Complex Profiles. • CTR Exemptions (Final Rule) • Stored Value

  16. CSBS website: www.csbs.org • Updates for certain areas of interest • Sign up for automatic notification

  17. Examiner resource links: • A good stop for resources • FILs categorized by topic • Federal agency issuances • Examination manuals • Newsletters, bulletins, and other guidance • Special Topics such as BSA, IT, and ALLL • And much more

  18. Interested in Getting Involved? • State Examiner Review Team (SERT) • Best Practices Taskforce • Attend CSBS Technology Seminar • Volunteer for testing, pilots, and training • Technology Committee • There are surveys being posted on the CSBS website under • Applied Tech Website under Technology Survey then to Mini Tech Survey

  19. Examiner questions: • FDIC Examiner Help Desk • (800) 551-7843 • Mary Beth Quist • mbquist@csbs.org • (202) 728-5722 • Jeanette Barraza • jbarraza@csbs.org • (202) 728-5708 • SERT contact for your district • CSBS website under Applied Technology

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