Webinar: Supervisory Committee: Laws, Rules, Regulations & Best Practices
November 6, 2024 3:00 pm - 4:30 pm
The Supervisory Committee plays a unique role within the credit union as the watchdog for the membership.
But the financial services world is getting more complex every day. From balance sheet pressures to increased cybersecurity threats, your risk profile is constantly changing. New audit standards and new challenges are waiting around every corner of your operations. Attend this webinar to learn the qualities of a healthy, compliant Supervisory Committee that is ready to react to challenges.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Appreciate the new global internal audit standards
- Understand regulatory responsibilities of the Supervisory Committee
- Incorporate NCUA’s 2024 Supervisory Priorities
- Discover Supervisory Committee examination guidance
- Identify and avoid common Supervisory Committee landmines
- Implement five traits of an outstanding Supervisory Committee
WEBINAR DETAILS
These are truly unprecedented times, and the Supervisory Committee is tasked with the specific responsibilities of confirming that the credit union is safeguarding member assets, following all applicable rules and regulations, and resolving member complaints. The membership relies on your training, experience, and keen eye to protect their interest in the credit union.
But what happens when something goes wrong? Is your committee structured to stay ahead of the game and assist the credit union? Join Supervisory Committee veteran and credit union attorney David Reed as he explores the traits of a healthy Supervisory Committee, the biggest challenges facing them today, and methods to ensure full compliance with regulatory duties.
WHO SHOULD ATTEND?
This informative session is designed for Supervisory Committees, directors, volunteers, senior executives, compliance staff, internal auditors, and anyone involved with volunteers or credit union governance.
TAKE-AWAY TOOLKIT
- Supervisory Committee examination guidance
- Supervisory Committee audit guidance and best practices worksheet
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: David A. Reed, Reed & Jolly, PLLC.
Attorney, author, consultant, and nationally recognized trainer, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.
A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.