Wednesday, January 29, 2014
Eastern Daylight Time
Credit Union Web Training Webinar:
Required Compliance Series: Required Compliance for the Board & Senior Management, Including BSA
Directors and senior management are ultimately responsible (and liable) for ensuring the financial institution has an effective compliance program. Board and management training is a key component in establishing and maintaining a strong compliance program. It is vital that directors understand the various compliance areas that require their annual review and approval.
This session will provide a list of those areas, with a focus on risk-based compliance management – including required training for Bank Secrecy Act. The high-risk areas will be covered in lay terms, with the board in mind (presenting the information most important to the board). Understand your responsibilities and liabilities before the examiner is at the door!
Continuing Education: Attendance verification for CE credits upon request
BSA – Director responsibilities and liabilities; board reporting and communication required
Fair Lending – An ongoing hot button
How to mitigate the risk of any fair lending issues that may surface
Key areas covered during fair lending examinations.
Privacy – From the board room to every employee, the privacy of consumer information is imperative and expected
Red Flags for Identity Theft – Specific requirements for board reporting will be covered to ensure the correct information is being presented to the board.
Administrative Issues for Compliance – Examiners are focusing on the compliance administrative processes throughout the institution, which begins at the board table. Do you know what is expected?
Regulations checklist for directors and management – a useful reference tool to help with ongoing training requirements
Letter of attendance certification with webinar outline
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for directors, management, compliance officers, and auditors.
Webinar content is subject to copyright and intended for your individual credit union’s use only.
MEET THE PRESENTER
Ann Brode, Brode Consulting Services, Inc.
View Registration Options and Pricing