Learn to organize the many components that have to do with the compliance function and help build an effective program.

Credit Unions are wrestling with a seemingly endless stream of new regulatory compliance requirements, while at the same time seeing increased emphasis during examinations on a range of issues including Fair Lending, Flood Act compliance, BSA and others. Costs of addressing these requirements seem to be spiraling out of control.

In this session, participants will learn how credit unions are effectively responding to compliance requirements without impairing their operational effectiveness and devastating earnings. We’ll present insights and data that illustrate best-practices for organizing, staffing and managing compliance risks. We will share pragmatic approaches for developing a compliance culture that does more than just appease the regulators. It will permit compliance risk to be managed in a more efficient and cost effective manner than ever before.

During this webinar, you will learn about:

• Preparing Compliance Risk Assessments
• Risk Assessment Methodologies
• Developing the Compliance Testing and Monitoring Program
• Staffing the Compliance Function
• Roles and Responsibilities of Compliance
• Options for Outsourcing or Co-Sourcing Compliance
• Providing Compliance Training

Just like in face-to-face classes, CUNA Webinars allow you to see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection. With a computer projection screen, it's easy to provide this training to a whole roomful of staff! When you register for an event, the connection information will be e-mailed to you 24-48 hours before the event. If you are registering for an event the day it is being held, please call 800-356-9655, ext. 4249 or e-mail training@cuna.coop for assistance.

Did you know...in addition to attending this event live, your tuition includes six months of unlimited access to the archived (recorded) event within 48 hours of the live event for your entire credit union. See the archived events available to you and your credit union.

CUNA Webinars use Adobe Connect to provide an interactive and convenient online learning environment. Whether you are a first time Adobe Connect user, or simply need a refresher, take a short tour. You'll learn how to effectively interact with the presenter and your peers during live webinars.

Can't attend at this time? Click here for the archived version.

This webinar is designed for credit union compliance staff and executive staff.

Affiliation with CUNA/League is required for attendance.

Kathleen Blanchard
Kathleen is a senior consultant with Abound Resources and has over 28 years consulting experience, including risk management and internal controls, compliance, lending, credit policy and procedures. She has served as BSA/AML/OFAC officer, privacy officer, compliance manager and risk manager.

Kathleen has extensive experience in BSA/AML audits and consulting, including BSA lookbacks, BSA program implementation. Her compliance experience includes extensive policy, procedure and loan documentation writing, and creation and implementation of complete compliance programs. She is a nationally recognized expert in CRA and HMDA and has also developed and implemented CRA and HMDA departments, credit scoring override monitoring systems, compliance training programs and compliance audit processes. Her credit background includes commercial and private banking lending, credit policy manager, workout loans and credit review. Kathleen also has experience with the development of member business lending policies and procedures, in conformity with NCUA regulatory guidelines.



Kenneth Proctor
Ken brings 37 years of financial institution management and professional consulting experience to Abound Resources, where he heads up the risk management practice. Ken has managed the risk management practice areas for two national consulting firms serving the credit union and community banking industries. He also served as a senior consultant with two international risk management consulting firms and held responsible management positions in the internal consulting and auditing departments of two regional financial institutions.

Ken’s broad experience includes completing risk assessments at over 500 credit unions and banks in the U.S., Latin America and Southeast Asia. Additionally, he has helped over 30 financial institutions manage compliance with regulatory enforcement actions, including consent agreements and written agreements, completed BSA/Anti-Money Laundering risk and compliance assessments, GLBA 501b information security reviews, Sarbanes-Oxley and FDICIA risk assessments and IT audits.

Ken is a certified public accountant and a certified bank auditor. He is a frequent speaker for financial institution industry conferences and seminars. He has managed workshops and delivered presentations to credit unions, banks and thrifts for regulatory authorities. For 10 years, Ken served on the faculty of the Louisiana State University Graduate School of Banking program, instructing in risk management. He has also authored numerous articles on risk management for various industry publications.

The last day for cancellations was March 21, 2012. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.