Balancing risk through a comprehensive risk management program is a critical skill for financial services professionals. Training in this area will enable you to identify and mitigate risk throughout your institution.
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?
Financial compliance expert Timothy Dunfey will distill the latest expectations. You will learn how to update your procedures and protect your elderly clients.
Topics Covered
What types of elder financial exploitation are most prevalent?
What red flags will help you detect elder financial abuse?
What specific steps should your institution take to prevent exploitation?
How does the latest FinCEN advisory affect your organization?
Why is this a growing issue requiring procedural updates?
How should you report elder financial exploitation?
Cybersecurity consultant Art Taryan will provide practical, step-by-step directions to reduce the risk of cyberattacks from Russia. You will learn how to detect vulnerabilities and reduce risk.
Cybersecurity experts Art Taryan and Roanuk Zaman will share the latest insights about the impact of blockchain and cryptocurrencies on banks, credit unions, and fintech providers. You will learn practical steps to take to prepare your offerings.
What You Will Learn
What are the fundamental concepts behind blockchain? How is it used?
What is the state of cryptocurrency adoption?
How are Central Bank Digital Currencies (CBDCs) growing in popularity?
What is the current regulatory environment for cryptocurrency?
What cyberthreats target blockchain and cryptocurrencies?
Acclaimed contracts attorney Jim Bergman will help you identify the issues, risks, and rewards of the rapidly evolving fintech and banking landscape. You will learn how to navigate the new operational path.
What You'll Learn
What are the five key elements that drive operations excellence?
What are the operational challenges that fintech firms and banks face today?
How can you establish operational excellence as a competitive advantage?
What are the critical skills you need to succeed?
What are the measures of success?
How can financial institutions and fintech providers collaborate successfully?
Risk management expert Dan Clark will explain what the SEC’s new ESG task force will expect from your financial institution. You will learn how to evaluate sustainability and make a plan to comply with the latest directive.
What You'll Learn
What are the ESG responsibilities of the board of directors, management, investors, and internal audit staff?
What environmental factors should you consider?
What social aspects must you evaluate?
What governance expectations are necessary?
How can your audit practices ensure coverage meets the risk need of the organization?
Cybersecurity law attorney Julia Jacobson will share lessons learned from recent high-profile attacks. You will learn the specific steps you need to take internally and what precautions you should require of your vendors.
What You'll Learn
How do recent ransomware threats differ?
What are regulators’ current views on ransomware?
What roles have vendors played in recent attacks?
How can you mitigate supply chain risk?
When should you involve law enforcement?
How can you build a ransomware response team and plan?
Financial compliance expert Michael Schidlow will expand on regulatory expectations and share audit experience. You will learn how to fine-tune your SAR narratives.
What You'll Learn
What information must SARs include?
How can you make your SARs useful to law enforcement?
What common SAR pitfalls should you avoid?
What do auditors expect to see in suspicious activity reports?
Scheduled for 60 minutes including question and answer period.
Financial crime expert Michael Schidlow will reveal how healthcare fraud takes resources away from those who need it the most, generating proceeds that fuel lavish lifestyles, corruption, and other crime. You will learn how to identify, report, and prevent these risks.
Topics Covered
What does the new FinCEN advisory mean for your institution?
How have corrupt practitioners exploited the fentanyl crisis?
What have investigations revealed about healthcare fraud and money laundering?
How can you detect and pursue these detrimental cases?
Scheduled for 60 minutes including question and answer period.
Financial compliance expert Michael Schidlow will delve into the intricacies of the SAR audit process and reveal the possible changes ahead. You will learn what details you must include and which factors are subject to the most scrutiny.
Topics Covered
What are the essential SAR requirements?
What testing is typically applied to SAR filings?
How can you enhance overall SAR quality?
How does auditing ongoing reports differ from auditing initial filings?
How should filers tailor reports based on risk assessment?
What changes might the Anti-Money Laundering Act of 2020 bring to SAR filing?
Scheduled for 60 minutes including question and answer period.
Financial compliance attorney Timothy Dunfey will explain the wide gamut of risks that third-party relationships bring to financial institutions. You will learn how to update your risk management processes to monitor and constrain liability caused by vendors.
Topics Covered
What risks are associated with third-party relationships?
What risk management process should you employ?
How should you conduct due diligence of vendors?
What risks should vendor contracts anticipate and include?
How can you monitor third parties?
What are the best techniques for assessing third-party risk?
