06/01/2009
We are putting together our BSA training schedule. What courses are required annually and what can be done every other year or on an alternative schedule?
04/20/2009
Does BSA/AML risk assessment have to be approved by the board?
03/16/2009
A big part of our IT Security budget is spent on GLBA compliance. Are we doing something wrong?
12/15/2008
What is the best way to get buy-in from key players that need to be involved in the risk assessment process? How do we sell it?
11/24/2008
Our regulators have requested that our bank more clearly define and document its credit policies. What should be included?
09/22/2008
What position (head teller, loan officer, etc.) of the bank would be the best candidate for our BSA officer? Would it be our compliance officer?
03/31/2008
I plan to include a recommendation in my annual report to change the current reporting structure for the Security Officer. Presently, I report to the VP of Retail Operations. I am seeking references to cite that advise the bank security reporting structure should be in other areas such a finance, risk, administration, but not through retail because of the apparent potential for downward influences and the need for independence.
11/12/2007
I was wondering if you knew of any problems associated with having a Security Officer at a holding company level instead of at the bank level? The idea would be one Security Officer for two banks.
10/29/2007
We are in the process of choosing a new security officer, is it a requirement that the security officer be an officer of the bank or can the bank designate an employee?
10/01/2007
What are the rules for reporting SAR filings to the Board of Directors?