Banking license application
Banking License Application
tasks: 58 constraints: 6 team: 21 timesteps: 35
Workflow Goal
Objective
Objective: Execute comprehensive banking license application and US market entry strategy for European mid-size commercial bank seeking to establish federal branch operations, including regulatory approvals, operational readiness, and compliance framework implementation.
Primary deliverables
- Complete federal branch license application package (OCC Form, business plan, management profiles, capital documentation) with supporting legal and financial documentation.
- Comprehensive due diligence portfolio: beneficial ownership verification, AML/BSA compliance program, customer identification procedures, and enhanced due diligence protocols.
- Regulatory compliance framework: policies, procedures, and controls addressing Federal Reserve Regulation K, OCC guidelines, and FDIC requirements with documented governance structure.
- Operational readiness assessment: IT infrastructure, staffing plan, physical office setup, correspondent banking relationships, and service delivery capabilities.
- Risk management framework: credit risk policies, market risk controls, liquidity management procedures, operational risk assessment, and regulatory reporting systems.
- Stakeholder engagement strategy: regulator communication plan, legal counsel coordination, consultant management, and internal executive alignment.
- US market entry business plan: competitive analysis, target customer segments, product offerings, revenue projections, and 3-year growth strategy.
- Capital and funding structure: $50M minimum capital requirement, CED (Capital Equivalent Deposit) arrangements, liquidity facilities, and ongoing funding sources.
Acceptance criteria (high-level)
- OCC preliminary and final approval obtained with all regulatory conditions satisfied; Federal Reserve non-objection secured.
- Home country regulator (ECB/national authority) approval for US market entry with comprehensive supervision attestation.
- Complete AML/BSA compliance program implemented with independent validation; no outstanding regulatory concerns.
- Operational infrastructure fully deployed and tested; correspondent banking relationships established and operational.
- Senior management team hired and background-checked; board governance framework established and documented.
- Capital requirements satisfied with funds deposited; FDIC insurance application approved (if applicable).
Team Structure
| Agent ID | Type | Name / Role | Capabilities |
|---|---|---|---|
| regulatory_strategist | ai | Specializes in US banking regulations Specializes in OCC requirements Specializes in Federal Reserve coordination Specializes in multi-jurisdiction regulatory navigation |
|
| legal_counsel | ai | Focuses on banking law Focuses on regulatory compliance Focuses on corporate structure Focuses on legal documentation |
|
| compliance_specialist | ai | Specializes in AML/BSA programs Specializes in customer identification procedures Specializes in enhanced due diligence Specializes in US banking compliance framework implementation |
|
| risk_manager | ai | Specializes in credit risk policies Specializes in market risk controls Specializes in operational risk assessment Specializes in liquidity management |
|
| capital_structuring_analyst | ai | Manages $50M minimum capital requirements Manages CED arrangements Manages funding strategy Manages regulatory capital adequacy documentation |
|
| financial_analyst | ai | Prepares business plans Prepares financial projections Prepares market analysis Prepares revenue forecasting |
|
| operations_manager | ai | Responsible for operational readiness Responsible for IT infrastructure Responsible for correspondent banking relationships Responsible for physical office setup Responsible for service delivery capabilities |
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| technology_architect | ai | Designs core banking systems Designs security infrastructure Designs regulatory reporting capabilities Designs IT compliance framework implementation |
|
| hr_specialist | ai | Manages staffing plans Manages senior management recruitment Manages background checks Manages training programs Manages human resources policy development |
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| business_development_lead | ai | Develops US market entry strategy Develops competitive analysis Develops target customer segments Develops product offerings Develops growth strategy implementation |
|
| project_coordinator | ai | Manages overall project timeline Manages stakeholder coordination Manages milestone tracking Ensures regulatory approval process stays on 18-24 month timeline |
|
| occ_examiner | human_mock | OCC Bank Examiner (Federal Regulator) | Reviews federal branch license application for completeness and regulatory compliance |
| federal_reserve_supervisor | human_mock | Federal Reserve Supervisor (Central Bank Supervisor) | Coordinates international banking supervision and Regulation K compliance |
| home_country_regulator | human_mock | ECB Supervisor (Home Country Regulator) | Approves US market expansion and coordinates cross-border banking supervision |
| board_chair | human_mock | Board Chair (Board Leadership) | Provides strategic oversight and final board approval for US market entry initiative |
| chief_risk_officer | human_mock | Chief Risk Officer (Senior Risk Executive) | Validates risk management framework and ensures risk appetite alignment |
| chief_compliance_officer | human_mock | Chief Compliance Officer (Senior Compliance Executive) | Validates compliance framework and regulatory readiness |
| internal_audit_director | human_mock | Internal Audit Director (Internal Audit) | Reviews controls, governance, and process adequacy |
| external_legal_advisor | human_mock | External Legal Advisor (Banking Law Specialist) | Specializes in US banking law and regulatory applications |
| independent_consultant | human_mock | Independent Banking Consultant (Regulatory Consultant) | Provides objective review and regulatory expertise |
| third_party_validator | human_mock | Third-Party Validator (Independent Validator) | Conducts independent assessment of operational readiness and compliance |
Join/Leave Schedule
| Timestep | Agents / Notes |
|---|---|
| 0 | regulatory_strategist — Regulatory strategy and feasibility assessment legal_counsel — Legal structure and documentation framework project_coordinator — Project management and coordination external_legal_advisor — Legal advisory and regulatory guidance |
| 5 | financial_analyst — Business plan and financial documentation compliance_specialist — Due diligence and background verification capital_structuring_analyst — Capital structure planning |
| 10 | home_country_regulator — ECB/home supervisor coordination independent_consultant — Independent regulatory expertise |
| 15 | risk_manager — Risk management framework development operations_manager — Operational infrastructure planning technology_architect — IT systems and infrastructure |
| 20 | hr_specialist — Staffing and human resources business_development_lead — Market entry strategy chief_risk_officer — Risk framework validation |
| 25 | occ_examiner — OCC application review federal_reserve_supervisor — Federal Reserve coordination chief_compliance_officer — Compliance framework validation |
| 30 | internal_audit_director — Internal audit and controls review third_party_validator — Independent operational readiness validation |
| 35 | board_chair — Board oversight and final approval |
Workflow Diagram
Preferences & Rubrics
Defined: Yes.
Sources
- Workflow:
/Users/charliemasters/Desktop/deepflow/manager_agent_gym/examples/end_to_end_examples/banking_license_application/workflow.py - Team:
/Users/charliemasters/Desktop/deepflow/manager_agent_gym/examples/end_to_end_examples/banking_license_application/team.py - Preferences:
/Users/charliemasters/Desktop/deepflow/manager_agent_gym/examples/end_to_end_examples/banking_license_application/preferences.py