This webinar will look at the expectations/requirements related to a financial institution’s Compliance Management System (CMS). You will learn how best utilize your resources to create an effective CMS, as well as improve and/or enhance your current CMS.
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).
A message from the Presenter, David Dickinson: Your Compliance Management Systems are a vital and necessary part of your organization’s success. As you look to develop or fine tune your CMS, there are a few things to keep in mind:
- There is no “recipe” for compliance management. One size does not fit all. There is a basic framework that should be used. What works for one organization may not work for you.
- To be successful, you’ll need to apply the principles and adjust them to fit your culture, environment, personnel and systems. It’s a job that you’ll never finish because 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.
- Establishing a healthy CMS is a process that takes time – LOTS of time. It’s not a one and done process. It’s a process that evolves and continually changes.
Faculty
David Dickinson
David’s banking career began as a field examiner for the FDIC in 1990. He later became a Compliance Officer and Loan Officer for a small bank. In 1993, he established Banker’s Compliance Consulting. Along with his amazingly talented Team, he has written numerous compliance articles for prestigious banking publications and has developed compliance seminars that Banker’s Compliance Consulting produces.
* Registration Plus Recording: Includes the live session (one connection, unlimited attendees), CD ROM, (shipped 7-10 business days after live session), unlimited access to OnDemand Playback and links to presenter materials and supplementary handouts for 6 months after live session.