FDIC Hot Spots - 10 Steps For Passing Your Next Compliance and Fair Lending Exam

Susan Costonis

Susan Costonis is a compliance consultant and trainer. She also has an affiliation with gettechnical inc. as an associate trainer. Her 35 year career in banking and training began with 20 years at First National Bank, an affiliate of Wells Fargo Bank, in Fort Collins, CO. Susan has been a bank compliance consultant or compliance officer in Louisiana since 1998.

During her career, Susan has successfully managed compliance programs and exams for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan regularly presents training to several state banking associations and specializes in compliance management, lending, and Fair Lending issues. She is a Certified Regulatory Compliance Manager and completed the ABA Graduate Compliance School. Susan also graduated from the University of Akron with a B.S in Art Education and the Graduate Banking School of the University of Colorado.

Wednesday, June 20th, 2012
1:30 pm - 3:30 pm CT

Our topic for the webinar will focus on ten steps to ensure a successful Compliance & Fair Lending exam outcome. What are recent FDIC enforcement actions telling us about their focus in a compliance exam? What are the latest "hot buttons" in Fair Lending? How will examiners view potential UDAAP violations? How are examiners evaluating ODP programs? Will your ODP program pass the test? Take two hours of your time to learn about the exam process and how to effectively prepare for your next exam. We will review some of the recent changes to exam procedures and comments made by the FDIC in regional "outreach" programs. The only way you can be sure that your bank will pass the next exam is to be prepared!

Topics covered in this session will include:

Ten steps for managing a Compliance & Fair Lending exam, including a review of the components of the rating process
The importance and elements of an effective CMS - compliance management system
What violations do FDIC examiners cite most frequently in lending compliance exams?
Best practices to deal with complaints and potential fair lending issues that can threaten a successful exam
What are the current "red flags" in Fair Lending?
Overview of the revised FDIC exam procedures
How the Dodd-Frank "Financial Reform" Act and CFPB (Consumer Financial Protection Bureau) has changed the compliance exam process
Practical tips to avoid costly fines and lending compliance violations, especially with ODP and UDAAP

Who Should Attend?

Compliance Officers, Risk Management Officers, Auditors, Loan and Deposit Operation Managers, and Senior Management will find this session very beneficial.

Sign Up!

6-Month OnDemand Weblink - $ 255: Includes a weblink for unlimited viewing for 6-months after the date of the webinar as well as a link to handouts. Does not include live session.
CD-ROM and Hardcopy Handouts - $ 295: CD-ROM plus Hardcopy Handouts. Does not include live session.