Financial institutions must comply with thousands of laws and regulations. These sessions help you understand the intricacies of these rules to ensure compliance and reduce liability.
Scheduled for 60 minutes including question and answer period.Friday, October 13, 2023; 12:00 PM Eastern
Commercial lending expert Dev Strischek will show you how to monitor and control collateral for asset-based loans. You will learn how to ensure your financial institution is repaid on time, in full, and as agreed.
What You'll Learn
What are the characteristics of ABL borrowers?
What are customers’ advantages for an ABL facility?
What are the essential collateral considerations?
How can you measure and mitigate risks?
What types of facilities do financial institutions offer?
Financial institution risk expert David Gibbons will explain the many factors that led to Silicon Valley Bank’s collapse. You will learn how to avoid the same pitfalls.
What You Will Learn
What caused Silicon Valley Bank to collapse?
What decisions did SVB make long ago that led to this point?
What actions in the week leading to the collapse exacerbated the situation?
How did technical factors play a role in SVB’s crash?
Does your institution face the same risks as SVB?
What are the biggest long-term lessons from this incident?
What steps should you take immediately to keep your institution solvent?
Will regulators assess risk differently in light of the SVB collapse?
Employment law expert Dr. Jim Castagnera will provide an overview of the affirmative action compliance obligations of banks and credit unions. You will learn the practical steps your institution must take.
Topics Covered
Why are banks and credit unions subject to affirmative action obligations?
What are your compliance obligations under current laws and regulations?
What differs for banks and credit unions with 50 or more employees?
What specific steps do the Section 503 and VEVRAA rules require?
What are the risks of failing to comply with affirmative action rules?
Financial regulatory expert Rheanna Rodriguez will explain the details of the new Section 1071. You will learn the specific actions you must take for full compliance.
Topics Covered
Does the rule apply to your institution?
How can you ease the stress of implementing the new rule?
What is the scope of Section 1071?
What 21 data fields are required?
What resources and staffing will you need to implement the rule?
How will your compliance, CRA, and lending programs need to adapt?
Auditing expert Daniel Clark will share the detailed procedures to conduct thorough internal audits. You will learn how to minimize risk for your institution.
Topics Covered
Building Successful Fraud Risk Management Processes
Basics Of Model Risk Management
Principles Of Operational And Strategic Risk Management
8 Sessions scheduled for 60 minutes including question and answer period.Every Wednesday, October 4 - Wednesday, November 22, 2023; 1:30 PM Eastern
Cannabis banking expert Paul Dunford will explain how to create cannabis banking risk assessments and financial models, reach out to the market to find and onboard desirable cannabis business customers, and develop policies and procedures. You will learn how to create and lead a successful cannabis banking program that aligns with your financial institution’s strategic plan.
CRA expert Rheanna Rodriguez will provide you with best practices to prepare your bank and CRA program for a transition due to asset size changes. You will learn how to monitor and manage your CRA lending and community development data.
Topics Covered
How to prepare for a transition from a small bank to an ISB
How to prepare for a transition from an ISB to a large bank
Importance of a CRA strategy and goals
Importance of creating a CRA program
Importance of monitoring lending levels and trends
CRA expert Rheanna Rodriguez will show you the value of community development activities and provide step-by-step instructions you can incorporate into your CRA plan.
Topics Covered
Quality community development activities
Evaluation of community development activities
Different evaluations based on bank size
Break down of each community development hook
How to provide context to your institution’s community development activities
CRA expert Rheanna Rodriguez will help you identify and leverage existing bank practices to build a strong CRA program regardless of the size of your bank.
Topics Covered
What should be included in your institution’s CRA program
Why creating a committee is necessary
Why understanding the strategic plan is important
What you should include in your monitoring program
CRA expert Rheanna Rodriguez will walk through a comprehensive plan you can follow to establish a robust program in your institution. You will learn how to embrace your community and please regulators.
Topics Covered
Quality community development activities
Evaluation of community development activities
How to prepare for a transition from a small bank to an ISB
How to prepare for a transition from an ISB to a large bank
What should be included in your institution’s CRA program
Community banking expert Dawn Kincaid will review the regulatory guidance in detail, revealing overdraft program issues identified through consumer complaints, examinations, and enforcement actions. You will learn how to avoid similar mistakes.
Topics Covered
How do guidance for ad hoc and automated overdraft programs differ?
What is the opt-in/opt-out process required by Regulation E?
How can you identify the inherent rights of your overdraft program?
What policies and procedures should you implement?
What are the overdraft restrictions for employees and insiders?
