The hottest topic during the January, 2025 Regulator Roundtable was the need for each institution to create and use its “Risk Assessments”.  The current regulatory environment underscores the need to identify and understand where the true risks are and how to mitigate them.  Compliance Anchor members and Compliance Professionals will share insights, examination experience, formats, and procedures/implementation details.

• How many different Risk Assessments are needed/required? (i.e. Enterprise, Compliance, Fair Lending, BSA/AML/CFT/OFAC, etc.)
• Does one size/format work for all financial institutions and each of these different Risk Assessment topics?
• What are the marching orders from recent Enforcement Actions?
• What regulations, guidance, exam manuals, Risk Indicators should be used to build a Risk Assessment?
• What has worked and what hasn’t?
• What happens after a Risk Assessment is completed?

Presenters:

•  Jennifer Cliber-Smith, Compliance Anchor Director
• Megan Desso, Director of Compliance and Regulatory Services
• Mary C. Knight, CAFP, CCBCO, CBAP, SVP and Enterprise Risk Management Officer of Harford Bank
• DJ Stack, VP, Chief Compliance Officer of PS Bank
• Paula Ralson Nenish, VP, Compliance and CRA Officer of The Dime Bank
• Meredith Schutt, Real Estate Quality Control Manager, Community Financial System, Inc.

WHO SHOULD ATTEND: Compliance Officers, Risk Management Officers and Staff, Operations Staff, Lending Staff, CRA, HMDA, Marketing  Staff, including executives, managers, and analysts from financial institutions, Third Party Relationship Management staff