Examiners are spending more time reviewing board activities. From reviewing minutes to questioning the management team about their board interaction, directors are in their sights. Are you prepared for the next round of examinations? The board is the ultimate authority within the financial institution and with continued pressure on the regulatory front and bottom line, every institution should prepare for more scrutiny than ever. However, with smart preparation, more scrutiny doesn't have to mean more time spent on compliance. This webinar will cut through the “regulatory speak” and demonstrate how concentrated preparation around key regulatory and operational issues can put examiners at ease and benefit the financial institution. The keys lie in understanding the logic behind an examination, the part each board member plays in management and risk oversight, and understanding their role in the examination process.
Recorded Wednesday, September 24, 2014
Attendance certificate provided to self-report CE credits.
- The board’s role in the examination process
- Understanding examination logic
- Examination preparation tactics and tips
- Current hot examination topics
- From findings to cease and desist: reviewing the possibilities
- Your credit union’s available response options
- TAKE-AWAY TOOLKIT
- Regulatory examination resources and guidance
- 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 board members, Supervisory Committee members, executives, internal auditors, compliance staff, and anyone involved in the examination process and compliance function.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.