On Demand Course

Current Hot Button Issues for Compliance Examiners

Stay current on examiner hot buttons and recurring compliance risks. 

Learning Objectives

After attending this course, you will be able to:

  • Identify the most frequently cited lending compliance violations (TRID, RESPA Section 8, Reg B/ECOA, Flood, Military Lending, and HMDA/CRA) and the specific regulatory provisions that examiners focus on during examinations
  • Differentiate between the deposit compliance requirements under FDIC Insurance signage rules, Truth in Savings Act (Reg DD), Regulation CC, and Regulation E, including the distinct timing, content, and accuracy standards each regulation imposes 
  • Define the key components of a sound Compliance Management System (CMS) as evaluated under the FFIEC Uniform Interagency Consumer Compliance Rating System, including Board and Management Oversight, Compliance Program elements, and the criteria used to assess Violations of Law and Consumer Harm 
  • Identify the compliance risks and regulatory expectations associated with Bank-FinTech partnerships (BaaS arrangements) and debanking practices, including the impact of Executive Order 14331 and the factors that distinguish legally defensible account closure decisions from those considered unfair or discriminatory
Rebekah Leonard 3.4 CPE/ NASBA 2 HR
Included with Team Membership

About This Course

Financial institutions greatly benefit from keeping an eye on the consumer compliance enforcement actions and examination findings reported by regulators.  After all, the issues facing one institution are highly likely to be a universal challenge facing others. 

Learning about the hot buttons pushed by examiners helps compliance officers understand supervisory focus to better prepare for their own exams, which is all the more important in our current uncertain deregulatory(?) environment.  Regardless of supervisory shifts, most consumer compliance themes have remain unchanged, and the repetitive pain points plaguing financial institutions continue to exist.

Topics covered in this course

Lending:

  • TRID Errors
  • RESPA Section 8
  • Fair Lending / Reg B
  • Flood
  • Military Service Members
  • Credit Card Lending
  • HMDA and CRA Data Reporting

Deposits:

  • FDIC Insurance misrepresentations
  • Unfair Overdraft Fees (still!)
  • Truth in Savings Act Disclosure errors
  • Reg CC Hold errors
  • Reg E Dispute errors

Compliance Management System Deficiencies:

  • FinTech partnerships / BaaS
  • Debanking
  • Compliance Management:
    • Board and Senior Management
    • Monitoring
    • Training (often due to turnover)
    • Root Cause Analysis

Who Should Attend

  • Compliance staff
  • Bank managers
  • Risk managers
  • Policy makers
  • Loan managers
  • Operations managers
  • Audit staff

Your Instructor

Rebekah Leonard
Rebekah Leonard

Rebekah is the owner of Elucidate LLC, a compliance training and consulting company. Elucidate means to "make clear, explain, throw light upon", and describes Rebekah's desire to illuminate the complexities of compliance with passion and fun. She's created and produced a TRID music video parody and several Compliance Breakout escape rooms, which she frequently provides at state banking compliance conferences. She is an accomplished speaker and regularly provides webinars through BOL and Compliance Resource. Rebekah is currently serving as the VP Director of Compliance for a $6 Billion community bank in Montana. She began her career in 1995 at a private lending company, but soon settled into banking, where she's covered nearly all of it - customer service and teller work, loan processing and review, and security and business continuity. She now oversees CRA, BSA and all aspects of compliance as a senior leader. She has successfully navigated numerous FDIC Compliance, CRA, and BSA Exams. Rebekah has a bachelor's degree in Organizational Leadership from Chapman University (Magna cum Laude), attended the American Bankers Association National Compliance School in 2003, and has held her Certified Regulatory Compliance Manager designation since 2006.

CPE & Accreditation

This course qualifies for 3.4 CPE/ NASBA. Your certificate and transcript are available immediately upon completion.

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CPE/NASBA - QAS Self Study

Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539.

Please note: You must attend at least 50 minutes to obtain credit. Final CPE approval belongs with each state's regulatory board. Credit is based on a 50-minute credit hour.

For more detailed information about the course, including the outline, content, and objectives, please refer to the 'Description' tab on this webpage.

Field Of Study: Specialized Knowledge
Prerequisite: Basic knowledge of the banking industry, business, or law
Level of Knowledge: Intermediate
Advanced Preparation: None
Delivery Method: QAS Self Study

Requesting CE:
Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.

Training your team?

This course is covered under team memberships.

See Team Memberships
Buying for yourself?
$ 249
Included with Team Membership
Training your team?

This course is covered under team memberships.

See Team Memberships
$ 249
per attendee