Webinar: Monitoring the Effectiveness of Your Compliance Program: Quality Assurance Testing and Auditing

Start: 3:00 pm
End: 4:30 pm
Event Days: 03/13/2013 - 03/13/2013

Today's credit unions are subject to myriad regulations. Failure to comply with these regulations is costly and can cause reputational damage and penalties and impair the credit union's ability to achieve its business objectives. Consequently, it is vital that compliance officers conduct compliance reviews and test business activities to monitor the effectiveness of policies and procedures, as well as staff adherence. This webinar will prepare you to monitor and evaluate your compliance program more effectively. You'll also receive a toolkit with templates for compliance risk-assessment and compliance testing.

About This Session:

This webinar will cover the following topics:

  • Developing a compliance-risk profile and assessment
  • Developing a comprehensive risk-based compliance testing and quality assurance program
  • Sampling techniques
  • Documenting compliance QA, testing and audit results
  • Outsourcing compliance testing and auditing

Who Should Participate:

Compliance officers, internal auditors and risk officers

About the Presenter:

Kenneth W. Proctor, Abound Resources

Ken Proctor is the managing director of risk management for Abound Resources, a national management consulting firm. During his 38-year banking and consulting career, he has served regional banks, international risk management/consulting firms and financial services consulting companies. Proctor has authored risk management and technology articles for various industry publications and is an active member of the Association of Certified Anti-Money Laundering Specialists and the Information Systems Audit and Control Association.