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Security Officer Reports to the Board: Fulfilling Your Annual Requirement

Tuesday, May 2, 2017

9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

The security/risk management function of the credit union should report to the board at least annually. This fast-moving program focuses on what issues should be reported to the board about physical security. Don’t let the industry standards stated in the NCUA letter 02-CU-12 take your credit union by surprise. This webinar will discuss what steps you should be performing to protect the institution in a lawsuit.

The NCUA’s 12 CFR Part 748 only provides a broad guideline of what your credit union’s physical security program should achieve. Many credit unions are satisfied if the NCUA doesn’t take issue with the credit union’s security program. However, don’t wait for a lawsuit against the security officer, management, and the board (both jointly and individually) to learn the report was missing key items. Information that could help during litigation is very different than what regulators examine for compliance.

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • How to report foreseeable events that could bring criminal liability against the board
  • Information that should be reported to the board annually
  • How to present major problems to the board with limited time
  • Why the security officer should report to the board in person
  • New technology such as interactive teller machines that may present physical security problems

  • TAKE-AWAY TOOLKIT
    • NCUA Letter 02-CU-12
    • Sample top sheet for board reporting
    • Sample annual board report
    • Special report form and incident report form
    • Security tips
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

RELATED WEBINAR STILL AVAILABLE!

"New Security Officer Training: Responsibilities, Best Practices & Skill-Building Tools"
Thursday, December 7, 2017

WHO SHOULD ATTEND?

This informative session is designed for security officers, internal auditors, CEOs, and anyone with risk management responsibilities.

PLEASE NOTE: Program content is subject to copyright and intended for your individual financial institution’s use only.

MEET THE PRESENTER