Webinar: Top 10 Hot Spots on Compliance Exams
June 14, 2023 3:00 pm - 4:30 pm
Pitfalls, landmines, danger zones… call them what you like, but everyone wants to avoid (or not repeat) costly compliance mistakes.
This program will examine the top 10 examination hot spots so you can steer clear of any potential hazards.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Examine agency-issued publications to stay abreast of recent supervisory findings
- Use an exception log to document timely identification and resolution
- Develop monitoring and testing to identify if these are hot spots within your institution
- Identify consumer complaints that may indicate a compliance issue
- Learn from others to detect compliance issues prior to a compliance exam
WEBINAR DETAILS
Compliance hot spots are not a secret! They have been published. This example-packed webinar will cover the top findings identified during compliance examinations. Of utmost importance is knowing where to find the documents regulators use to communicate compliance issues detected during examinations. Next is determining whether these issues are occurring at your institution. As reported in Supervisory Highlights, Issue 28, the CFPB has recently identified a concerning trend where “examiners continue to identify the same violations of law across multiple institutions.” Even if you are aware of these issues, it is important that these guidance documents are discussed during compliance, management, and board meetings and incorporated into your compliance testing.
This webinar will address recent regulatory supervisory publications, including various blogs and publications with insight into compliance exam hot spots. While these documents provide guidance for developing internal audit and monitoring procedures, it is also important to recognize hot spots unique to your institution identified during previous examinations, audits, and consumer complaints. Join us for a look at the top 10 hot spots and learn steps to identify them before they become an issue for your institution.
WHO SHOULD ATTEND?
This informative session is designed for risk managers, compliance officers, auditors, and anyone responsible for regulatory compliance.
TAKE-AWAY TOOLKIT
- Consumer complaint log sample
- UDAAP examples
- Exception tracking log sample
- Agency publications used to share examination findings
- Monitoring form
- Flood 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: Molly Stull, Brode Consulting Services, Inc.
Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since. She has experienced the growth of a hometown bank, branch mergers, charter changes, name changes, etc. Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners. Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures. Molly holds a bachelor’s from the University of Akron and an MBA from Ashland University.