Take your compliance program to the next level amidst the uncertainty and potential chaos of 2015
No risk facing U.S. banks today is more significant than regulatory compliance, and there is no reason to expect that the regulatory compliance risk will lessen anytime soon.
Several major Dodd-Frank regulations have yet to be written or fully implemented. The Consumer Financial Protection Bureau (CFPB) is expected to write rules on overdraft protection, prepaid cards, debt collection, and small business loan data collection requirements.
The session will run from 8:30 a.m. to 3:00 p.m., with breakfast and registration beginning at 7:30 a.m. and lunch at noon.
8:20: Welcome and Introductions
8:30: Earning a Place at the Table
Lyn Farrell, Managing Director, Treliant Risk Advisors
How do compliance officers get to have a place at the executive table? We will discuss strategies to make compliance professionals gain respect and work together better with executive management.
9:20: Financial Institutions Shed Light on “Invisible” Victims of Human Trafficking and Smuggling
Hugh Newman, Sales Engineer, Verafin
Human trafficking and smuggling are immensely profitable crimes that generate mountains of illicit proceeds. Unlike the victims of most crimes, however, neither the underage victims of human trafficking nor the undocumented aliens who are exploited by human smuggling organizations will report these crimes to law enforcement. In a sense they are invisible to law enforcement.
- Overview of human smuggling and human trafficking crimes
- Use of “funnel accounts” to launder criminal proceeds
- Challenges that financial institutions face in their detection efforts
- Red flags and indicators for financial institutions
- How collaborative networks and cross institutional detection can advance detection capabilities
10:15: Networking Break
10:30: Managing Third Parties 2.0
Lori Flickinger CISSP, Manager, Treliant Risk Advisors
All banks have vendor management programs—in this session we will discuss how to manage third parties on a risk basis. How do banks not over-manage low risk partners while still properly managing high risk ones
11:20: Federal Reserve Bank of San Francisco – Compliance Update
Kurtis Haygood, Consumer Compliance Supervision Manager Federal Reserve Bank of San Francisco
This session will explore recent consumer compliance developments from the vantage point of the regulators, including the following:
- What are the issues on examiners’ minds?
- What trends are examiners seeing in the field?
- What updates do you need to be aware of as we enter 2015?
12:10 – 12:55: Lunch
12:55: What You Need to Know About Lawsuits and Local Governments
Leland Chan, Senior Vice President and General Counsel, California Bankers Association
This session will discuss what compliance professionals should know about sources of regulation other than from Congress and banking regulators. Published court decisions can have the same impact on a bank as a published regulation, and don’t forget about ordinances enacted by cities where banks do business.
1:45: Finding UDAAP in Operational Areas
Lyn Farrell, Managing Director, Treliant Risk Advisors
The hardest UDAAP issues are ones that hide in the cracks of operational areas. In this session we will discuss effective UDAAP risk assessments for operational areas.
2:35: Networking Break
2:50: 2015 AML Update
Joseph Chisolm, CAMS, CFE, Engagement Director, Treliant Risk Advisors
This session will explore new and relevant AML issues in 2015 from the vantage point of the regulators.
3:40: RESPA/TILA–What you need to know before August 15
Shelley Metz-Galloway, Managing Director, Treliant Risk Advisors
In this session we will discuss critical emerging issues facing mortgage lenders in getting ready to comply with the new RESPA/TILA rules. We will provide some tips for successfully implementing business processes to comply with the new RESPA/TILA rules.
- Compliance officers and managers
- Risk managers
- Operations managers
- Internal auditors
- Credit administrators
- Bank counsel
- Senior bank managers
Kathlyn Farrell, managing director for Treliant Risk Advisors, has worked in the field of regulatory compliance for financial institutions for more than 30 years. She is a licensed attorney in the state of Texas and has functioned as in-house counsel and compliance officer to medium and large financial institutions. She has been in the field of consulting for the past 15 years and was previously the managing director of risk management services for Sheshunoff Consulting + Solutions; an Austin, Texas-based financial services consulting company that provides services globally. At Sheshunoff she had oversight responsibility for the regulatory compliance, internal audit and loan review practices. These practices included more than 60 risk management professionals. Her experience includes all areas of regulatory compliance, BSA/AML work, handling lending and real estate transactions, managing loans in litigation and bankruptcy, supervising enforcement action compliance and drafting and negotiating contracts.
Kurtis Haygood, manager, consumer compliance has been with the Federal Reserve Bank of San Francisco since 2009. He is responsible for leading and participating in the consumer compliance and CRA examinations of state member banks within the Federal Reserve’s 12th District. Haygood is also responsible for a portfolio of state member banks and bank holding companies to which he is dedicated to conduct ongoing compliance supervision and outreach.
Shelley Metz-Galloway, managing director for Treliant Risk Advisors, specializes in regulatory compliance and fair lending for banks, insurance and secondary mortgage market companies. Within this practice, Metz-Galloway focuses on advising clients on RESPA Regulation X, Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), Fair Lending, Community Reinvestment Act (CRA), CFPB New Mortgage Rules, and other Regulatory Compliance requirements. In her role as a strategic business leader, Metz-Galloway provides expertise in business and regulatory performance and risk analytics, strategic planning, project management, process reengineering, and the development and execution of strategies to address critical business needs
Joseph Chisolm, CAMS, CFE, engagement director for Treliant Risk Advisors has more than 15 years of regulatory compliance experience in Bank Secrecy Act/Anti-Money Laundering (BSA/AML) requirements, enterprise risk management, internal audit, as well as consumer and commercial banking with large financial institutions. Chisolm is also a Subject Matter Expert (SME) in assessing the adequacy of organizations’ control environment and governance structure with respect to firm-wide and business specific policies and procedures, risk assessment processes, compliance monitoring and testing, issue escalation protocol, reporting to senior management and boards of directors, regulatory exam management, training and capacity planning.
Lori Flickinger, CISSP, manager for Treliant Risk Advisors, is an experienced financial services professional with a business and technology background in information security, operational risk and process improvement. Flickinger specializes in global third party risk management and business continuity.
Leland Chan, has been an SVP and general counsel for the California Bankers Association since 2000. In addition to advising the association on legal matters, Chan directs the litigation activities for the association, frequently acts as amicus curiae (“friend of the court”) in state and federal courts, and, in some cases, files suit on behalf of the industry. He is also responsible for regulatory matters affecting banking, frequently preparing comment letters on regulatory proposals, and analyzing new laws and regulations for CBA members. Prior to joining CBA, Chan was an attorney with the Hong Kong office of Baker & McKenzie, an international law firm.
Hugh Newman comes to Verafin with a Master of Science in Physics and previous technical sales experience. In his role as Sales Engineer he travels across the United States educating customers through demonstrations, discussions, and technical Q&A sessions. As a product expert, he understands how Verafin’s FRaud detection and Anti-Money Laundering (FRAML) product interfaces with various systems, and can provide specific technical insight to various industry professionals.
Early-Bird Registration EXTENDED through January 30, 2015
CBA Member: $395
CBA Member: $495
Substitutions are allowed, at no additional cost. Written notice is required for all substitutions/cancellations. If the request is received by January 23, 2015, the full registration fee will be refunded and 50 percent if by January 30. No refunds will be provided after January 30. Registrations made on or after January 30 are not subject to refund.
If you are not fully satisfied with this program, please contact Corbett Cutts, VP, director of education at (916) 438-4428.
Thursday, February 12, 2015
Anaheim Marriott Suites
12015 Harbor Blvd
Garden Grove, CA 92840
Program Level: Update
Advance Preparation: None
Method of Presentation: Group – Live (Lecture, Discussion, and Case Study)
Recommended CPE Credits: 7.0 Hours Maximum
(Estimated 7.0 Specialized Knowledge and Applications)
Sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. Please note that not all state boards have adopted this rule. Some participants may not be able to use one-half credit increments.