Elements of a Compliance Program for Compliance Professionals


Description: The purpose of this course is to provide students with the fundamental elements that every bank’s compliance program should include, regardless of size or location of the bank. The course describes risk-based management approaches and the necessary elements of a successful program, which includes board and senior management oversight; defined, communicated, and enforced accountability; necessary policies and procedures; training strategies; internal and external monitoring and auditing requirements; and, examination management techniques.

Students will learn through a combination of instructor videos, exercises, readings, glossaries, self-assessments and more. Students will complete the course with a final exam to earn Certified Regulatory Compliance Manager (CRCM) credits.

Audience: Compliance professionals including compliance managers, officers, and other compliance team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, auditors and lending compliance professionals.

Learning Objectives: After completing this course, students will gain a fundamental understanding of Elements of a Compliance Program and learn how to:

  • Explain the key elements that form the foundation of a sound and effective compliance program
  • Identify ideas and examples of various ways each element can be integrated into compliance programs for banks of varying sizes, resources, geographies, and business activities
  • Describe how to document and present compliance programs to various constituencies such as senior management, the Board of Directors or regulatory examiners