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Fortunately, the Risk-Based Compliance Audit Program for Credit Unions provides everything you’ll need to perform compliance reviews and risk assessments in one all-inclusive volume.
Departmental and institutional compliance reviews were never easy. And today, with regulators demanding that you incorporate in-house risk assessments, they’ve become even more complex and time consuming. That is why Sheshunoff is proud to offer Risk-Based Compliance Audit Program for Credit Unions, the incredibly comprehensive, in-depth guide on both the “traditional” and “risk-based” components of a complete compliance review.
This one-of-a-kind resource provides everything you’ll need to minimize the chances of investigations, litigation and costly penalties. With the Risk-Based Compliance Audit Program for Credit Unions you’ll find:
Practice-proven tools and expert guidance to streamline, enhance, and ensure every step of the compliance review process with a risk-based component.
Detailed compliance review checklists covering every key product, service, or function.
At the heart of the Risk-Based Compliance Audit Program for Credit Unions are more than 80 detailed compliance review checklists covering virtually every operational area including: Regulation Z, SAFE Act, deposits, advertising, Bank Secrecy Act, account opening, early disclosures, Community Reinvestment Act, loan applications and origination, record retention and disposal, web site disclosure, and many more.
Exclusive risk-assessment matrix.
The Risk-Based Compliance Audit Program for Credit Unions goes a step beyond the rest to help you add a risk-based component to every regulatory compliance review. Our exclusive risk-assessment matricx allow you to quickly assess each compliance requirement in terms of key risk factors including potential for customer litigation, increased examiner scrutiny, prior internal violations, prior exam violations, penalties and the special risks associated with new requirements. Based on your assessments, a numerical or relative risk rating can be assigned to each requirement and appropriate remediation can be considered.
Expert commentary and step-by-step instructions.
All checklists and risk-assessment materials are accompanied by clear, fully-detailed instructions to ensure their effective and accurate use. You’ll also find authoritative commentary for a better understanding of regulatory considerations, extensive regulatory citations, and cross references to all applicable regulations and requirements.
All-inclusive companion CD.
Your purchase price includes a comprehensive companion CD designed to streamline and enhance all aspects of the compliance review process. In addition to providing PC-based access to the full content of Risk-Based Compliance Audit Program for Credit Unions, the companion CD provides quick-links from checklist citations to full-text regulations and requirements. The CD allows you to customize, complete and print checklists and risk assessment materials, and includes supplementary features not found in the print volume.
Periodic updates to keep you on the leading edge.
Regular updates alert you to the very latest legislative, regulatory and enforcement-related developments, spotlight their implications for your departmental and institutional reviews, and help you to make the requisite alterations to update processes and procedures. As always, updates are included in your purchase price. At least three updates are expected for the 12-month subscription period.
So don’t delay! Order your copy of Risk-Based Compliance Audit Program for Credit Unions today!
Jeffrey Torp is a consultant in the area of regulatory risk for financial institutions. He specializes in the financial institution industry and has more than 25 years of experience serving financial institution clients in matters relating to bank regulation. Mr. Torp is an attorney and has previously served as a consultant with KPMG and with McGladrey & Pullen, LLP, and as legal counsel to the Independent Bankers of Minnesota. He received his law degree from William Mitchell College of Law in St. Paul, Minnesota, and his Bachelor of Arts Degree from Augsburg College in Minneapolis, Minnesota. Mr. Torp has worked with financial institutions throughout the country on regulatory issues and given numerous presentations on regulatory topics to groups of bankers, bank examiners, trade associations, and attorneys. He has also served as an instructor for the Independent Bankers Association of America’s compliance school and certification program, and authored several publications. See all works by Mr. Torp