Compliance Management - Phase 1, your Program and Training

In the wake of Dodd-Frank it is evident that there are many new compliance officers and many new compliance programs. If you are starting or restarting a compliance program it's time to begin with the fundamentals. Does your compliance program include all the necessary elements? These foundations of the program are fundamental for long-term success. Join Andy Zavoina as he discusses the key elements in a compliance program, from getting buy-in from senior management to reporting your results to the board.

This two-hour program will take you through the basic foundation requirements for building a successful compliance program. There is no turnkey solution that will provide you with overnight success. You build a foundation and you build a program on top of that. It is a process that takes time and effort ,but it pays dividends when your examiners understand what you do and why, and that your program addresses your bank's compliance needs such that you have checks and balances and adequate training resulting in few, if any items to mention in your Report of Examination. Senior management and your board will have one less thing to keep them awake at night.

This webinar will take you through:

1. The elements of a compliance program that you should include in yours. Whether you are starting anew or reconstructing and improving on what you have, you must identify and incorporate the required elements.
2. How do you get management's buy-in, and why is it critical? If you want a program that gives lip service, this webinar is not for you. If you want to build a program that works, everyone will know that effective compliance programs start from the top and work down. Buy-in is crucial and we will discuss several ways to obtain it.
3. Policies and procedures are a must, but what is required and when and how often should they be reviewed?
4. Compliance is a group effort. While there needs to be direct accountability and the Compliance Officer is driving this bus, there are many passengers on board. Who should be on your compliance bus and why?
5. We have other webinars detailing risk assessments, but your program needs an effective overview of them and we'll explain why. Risk assessments are the turn signals and headlights that guide your way.
6. We'll discuss the basics of auditing and monitoring programs because these are your test results on the effectiveness of your compliance program. More than that, the results will influence your policies, procedures, training, external examiner reviews and the compliance rating from your regulatory examinations.
7. Lastly, your board is ultimately responsible for compliance. What do they know and who trains them? You do! You need to learn to think at the 50,000 feet level so the board understands what you do, why and the resources you'll need. (Remember buy-in, it's needed here too.)

Who Should Attend:
While geared toward the chief compliance officer, this program will help anyone who needs to understand compliance management. This includes any junior compliance officer, managers and senior management, as well as auditors, especially those reviewing compliance programs.