Board Oversight: Compliance Management
Course Number: ABA
Course Code: ABA
Explores a bank board’s key responsibility for oversight of a bank’s compliance risk management program. This includes establishing and communicating a bank’s appetite for compliance risk, providing resources and support to effectively implement the compliance program, and reviewing the outcomes of the program and responding to elevated risk issues.
After successfully completing the course, you will be able to:
Explain the compliance risk management responsibilities assigned to the compliance officer
Explain the compliance management oversight responsibilities assigned to the board of directors
Explore the board’s ongoing risk monitoring process to keep up with changing bank activities
Audience: For members of a bank's board of directors.