Compliance Management

Join us for a two-hour webinar on Compliance Management. All banks should have an effective Compliance Management System.

We will discuss the expectations/requirements, how to improve/enhance them and how to best utilize your resources to create an effective Compliance Management System.

Covered Topics

  • Active board and senior management oversight;
  • Risk Assessments;
  • Effective policies and procedures;
  • Training;
  • Audits & Monitoring;
  • Complaint Management;
  • Reporting; and,
  • Culture (the foundation of an effective Compliance Management System).

“I was an FDIC Field Examiner, a Loan Officer and in 1993 I started Banker’s Compliance Consulting (over 25 years ago). During the course of my career, I’ve had the privilege of working with hundreds of financial companies in many different ways and our company has had the opportunity to serve hundreds more financial institutions. From these experiences, I’ve seen many different ways to “do” compliance – some successful and some not. There are a few basic things to keep in mind:

First, there is no “recipe” for compliance management. One size does not fit all. There is a basic framework (listed above) that should be used by your Board, Management and Compliance Officer to design and maintain a healthy Compliance Management System (CMS). But, what works for one organization may not work for you.

Second, to be successful, you’ll need to apply these principles and adjust them to fit your culture, environment, personnel and systems. It’s a job that you’ll never finish and you can’t check it off your list. In fact, it’s a cycle that continuously repeats. It must be evaluated and adjusted as new rules and requirements are issued and as your personnel changes.

Third, establishing a healthy CMS is a process that takes time – LOTS of time. Like I said earlier, it’s not a checklist that you complete. It evolves and so do the expectations as well. I continually learn of new and better ways to do things, but again, not everything that works well at one institution will work at yours.

Who Should Attend?

This webinar is designed for anyone involved in a bank’s compliance management system. This could include compliance officers, auditors, management, directors, etc.