1 / 11

Compliance Responsibility is every banker’s journey

Compliance Responsibility is every banker’s journey. Chamber of Thrift Banks GMM June 11, 2010. Training Objectives. Empower Compliance Officers and Coordinators in understanding of their role and challenges Orient bank support officers on the value of Compliance. Training Objectives.

charissa-harmon
Download Presentation

Compliance Responsibility is every banker’s journey

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Compliance Responsibility is every banker’s journey Chamber of Thrift BanksGMM June 11, 2010

  2. Training Objectives • Empower Compliance Officers and Coordinators in understanding of their role and challenges • Orient bank support officers on the value of Compliance.

  3. Training Objectives • Improve soft skills of Compliance officers to effectively discharge their functions • Promote pro-active compliance culture in respective banks • Support thrift banks achieve satisfactory CAMELS rating.

  4. Compliance System Compliance Function – A Dynamic Process Compliance Program Regulatory Bodies Communications Monitor & Assess

  5. COMPLIANCE FUNCTION Regulatory Pressures Regulatory Pressures Regulatory Pressures Compliance Officer Line Officers’ Regulatory Knowledge Line Officers’ Regulatory Knowledge Compliance Officer Line Officers Line Officers Personnel Personnel Knowledge Personnel Knowledge Personnel Knowledge Personnel

  6. Compliance culture and Bank’s Journey to CAMELS 5 • What is CAMELS Rating? • Why Is it important? • Where are we now? • How do we get there? • When do we go there?

  7. Journey to CAMELS 5 must be owned by BANKER • Regulatory Pressures for CAMELS 5 • CAMELS RATING is DRIVEN from all areas of OPERATIONS • BENEFITS OF STRONG CAMELS RATING IS for the whole BANK

  8. Training Outline • Module 1 Intro to Compliance • Responsibility & Compliance frame work • Compliance Soft Skills • Module 2 Compliance Systems and Tools • Module 3 Compliance Technical skills • MORB Basics • Understanding CAMELS • Module 4 Reinforcing AML and EDD

  9. End of presentation THANK YOU.

More Related