Monitoring the Effectiveness of Your Compliane Program: Quality Assurance Testing & Auditing
Date: March 13, 2013
Time: 2:00 PM- 3:30 PM CST
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. Resources are limited – everything can’t be checked and rechecked. Consequently, it is vital that compliance officers conduct compliance reviews and test business activities to monitor the effectiveness of compliance policies and procedures as well as staff adherence – and do so in a cost-effective manner.
- Developing a compliance-risk profile and assessment
- Developing a comprehensive risk-based compliance testing and quality assurance program
- Defining quality assurance, testing, and compliance auditing roles and responsibilities
- Determining the frequency of quality assurance testing and auditing
- Defining the scope of testing
- Developing appropriate test procedures
- Sampling techniques
- Documenting compliance QA, testing, and audit results
- Potential benefits of outsourcing compliance testing and auditing and how to select outsourced vendors
- TAKE-AWAY TOOLKIT
> Compliance risk-assessment template
> Compliance-testing template
Note: Attendance verification for CE credits provided upon request.
Live Webinar- $200
The LIVE WEBINAR option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, pin number, and handouts will be emailed to you prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
On Demand Web Link & CD- $200
Can’t attend the live webinar? The ON-DEMAND WEB LINK is a recording of the live event including audio, visuals, and handouts. We even provide the presenter’s email address so you may ask follow-up questions. Approximately 1 week prior to the webinar, you will receive an email with the web link. This web link can be viewed anytime 24/7, beginning 6 business days AFTER the webinar and will expire 6 months after the live program date. But there's more . . . AS AN ADDED BONUS, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts. Use the on-demand link or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.
Live Webinar & On-Demand Web Link (INCLUDES FREE CD-ROM)- $250
Includes options 1 and 2 above
Special Registration Option for member credit unions under $20 million-$169
On-demand link only (does not include CD or live webinar)
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 as an internal consultant with a major regional bank, held management positions in the auditing departments of two southeastern regional commercial banks, and worked as a public accountant. |
Ken created the risk management practice area for two national financial services consulting companies and has also served as a senior consultant with two international risk management/consulting firms. He has authored articles on risk management and technology 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.