Board Reporting Best Practices, Requirements, Delivery, Risk & More 2022 | Community Bankers Webinar Network | 7 December 2022 | Virtual Event

This invaluable session will explain the types of reports to include in board packages and how to recognize “red flags” in board reports.

It will address how the reports should be used to ensure directors are receiving the necessary details to stay informed of issues impacting your institution and make effective, risk-based decisions.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:
• Understand directors’ responsibilities and examiners’ expectations of them
• Track that corporate documents, policies, and reports are appropriately reviewed by the board
• Review compliance exception reports
• Define BSA responsibilities for the board, including policy and risk assessment approval, training requirements, and review of audit/exam findings
• Explain key information from lending reports, including tracking concentrations, stress testing, and LTV standards

Ultimate responsibility for your institution’s risk-management program lies with your board of directors. Examiners will evaluate the overall effectiveness of management and the board by analyzing:
• Board and senior management oversight
• Policies, procedures, and limits
• Risk monitoring and management information systems
• Internal controls

To facilitate this review, examiners will look at reports and minutes from board and subcommittee meetings to confirm whether management is effectively communicating with the board and that the board has appropriate oversight over risk management, compliance, operations, and financials. Therefore, receiving clear, concise, complete information is critical to a board’s decision-making.

This informative session is designed for directors, compliance officers, risk managers, senior management, board secretaries, and auditors.

2022 Speaker

Dawn Kincaid
Compliance Consultant, Brode Consulting Services Inc.