Be sure to JOIN US on February 11, 2020, for our webinar, “Compliance for the Board of Directors”.
Fostering a Healthy Compliance Management System
A good compliance management system (CMS) is made up of many components…culture, risk assessments, policies, procedures, training, reporting, etc. but it all hinges on Board and Senior Management oversight. What does that mean? What are the Board’s responsibilities? According to the regulatory examination manuals, EVERYTHING is the Board’s responsibility, which means they need training, just like the rest of your team. Keep in mind; however, the Board needs a 10,000-foot view, not necessarily all the nuts and bolts. They need to know the “why” so they can understand and approve policies and then let Senior Management focus on the who, when, where, and how those things will happen. This is the focus of our Board of Directors Compliance Training.
Click on the video to listen to David explain more.
Other Upcoming Webinars:
February 11th – TRID for Beginners
February 13th – The Mortgage Life Cycle (A Five-Part Webinar Series)
February 18th – Regulation CC
February 18th – Customer Due Diligence Programs & Beneficial Owners
February 20th – Customer Due Diligence on the Frontline
David’s banking career began as a field examiner for the FDIC in 1990. He later became a Compliance Officer and Loan Officer for a small bank. In 1993, he established Banker’s Compliance Consulting. Along with his amazingly talented Team, he has written numerous compliance articles for prestigious banking publications and has developed compliance seminars that Banker’s Compliance Consulting produces.
He is an expert in compliance regulations. He is also a motivational speaker and innovative educator. His quick wit and sense of humor transforms the usually tiring topic of compliance into an enjoyable educational experience. David is on the faculty of the American Bankers Association National Compliance Schools and has served on the faculty of the Center for Financial Training for many years. He also is a frequent speaker at the ABA’s Regulatory Compliance Conference. He is also a trainer for hundreds of webinars, is a Certified Regulatory Compliance Manager (CRCM) and has been a BankersOnline Guru for many years. The American Bankers Association honored David with their Distinguished Service Award in 2016.
David and his wife Karen have three adult children, four grandchildren (none of whom live at home!) and two cats (of which Dave is allergic … the cats, not the children!). They recently moved to an acreage outside of Lincoln, Nebraska where he gets to play with his tractor. When possible David can be found fishing, making sawdust in his shop, or playing the guitar and piano. He also enjoys leading worship at his church.