New FFIEC Exam Procedures Webinar


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Remote Deposit & Risk: New FFIEC Exam Procedures Webinar

June 10, 2010
1:00 p.m. – 2:30 p.m. MST

$159 Webinar Only

$159 CD Only

$179 Webinar and CD

The wait is over! Last year’s broadly-written guidance on RDC risk management left many credit unions uncertain about examiners’ expectations. Now, with the FFIEC’s newly-revised Retail Payment Systems IT Exam Handbook, credit unions have a clear and surprisingly concise exam checklist around which to implement the proper procedures and risk controls for RDC.

Since the FFIEC’s release of Risk Management of Remote Deposit Capture in January 2009, credit unions offering Remote Deposit Capture (RDC) have been somewhat uncertain about how to interpret the guidance, much less prepare for the exams that would enforce it. Too strict an interpretation might undermine the business case for RDC; too loose might put the credit union at odds with examiners. This uncertainty led many to forestall implementation of RDC or aggressive roll-outs of the service to would-be clients. With the newly revised FFIEC Retail Payment Systems IT Exam Handbook, credit unions now have everything they need explicitly to prepare for and ace their next RDC exam!

HIGHLIGHTS

Review of the new Retail Payment Systems IT Exam Handbook’s RDC exam checklist
Information most-commonly requested by examiners in advance of RDC exams
Top 5 RDC exam findings and how to preempt them
Specific, proactive steps to meet your examiner’s expectations and reduce RDC risk
Ways to let examiners know that you know what you’re doing (and soften their stance)
Why RDC is safer, what you need to know, and why it’s important to make the case
BONUS: RDC Member Questionnaire; RDC Compliance Objectives Matrix; and RDC Exam FAQs

Presenter: Lee Wetherington, Profit Stars
Lee Wetherington is Director of Strategic Insight for ProfitStars, a division of Jack Henry & Associates, Inc.®, and provider of best-of-breed solutions that improve the performance of community banks using any core system. Lee directs the development of actionable insight and strategy for the financial services industry. To this end, he develops programs, presentations, and articles designed to orient and educate financial institutions on the trends and implications of new technologies. He delivers keynotes nationwide and serves as the Technology Faculty Chair for several regional banking schools.

In addition, Lee has authored numerous articles for financial trade periodicals, including Independent Banker and ABA Bank Marketing. He received bachelor degrees in Economics and English from Duke University in 1990. In 1995, he earned the distinguished Accredited ACH Professional (AAP) certification from the National Automated Clearing House Association (NACHA).

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Fill out the information below and submit registration.
Prior to the conference, you will receive a special instruction sheet outlining the computer login and telephone dial-in procedures, your password, a specific toll-free telephone number and handout materials.
On the day of the conference gather all the attendees around your computer and speakerphone, distribute copies of the handout material, and enjoy the conference.

Cancellation/Payment Policy: Substitutions are always welcome. No-shows and cancellations received five days or less prior to the event will be invoiced for the full registration fee. Please do not send payment; your credit union will be billed. Password information and materials will be e-mailed 48 hours prior to the session.