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Event Date Wed Dec 15 CST (in 8 days)
In your timezone (EST): Wed Dec 15 2:30pm - Wed Dec 15 4:00pm
Location Webinar
Region Americas

The CFPB (Consumer Financial Protection Bureau) has been inviting consumers to “tell their story” and file complaints since July, 2011. While the CFPB may not be the primary regulator for your financial institution, it’s critical to understand how the CFPB complaint process has changed regulatory expectations, and what your bank should be doing to proactively manage complaints.

Program Highlights:
• Learn how the CFPB uses complaint information to guide investigations, develop enforcement actions, and require reimbursement to consumers.
• Learn the regulatory “expectations” for complaints.
• What do recent enforcement actions tell the financial service industry about the importance of complaints?
• How is social media used by regulators in the complaint process?
• What do the employees in your financial institution need to know about handling complaints?
• How should complaints be tracked and evaluated?
• What type of training should be completed for handling complaints?

Who Should Attend?
Fair Lending complaints have initiated regulatory scrutiny that resulted in civil money penalties, reputational damage, and downgrades to the CRA rating. This session provides important information for Senior Management, Compliance Officers, Risk Managers, Branch Managers, Call Center Managers, Loan & Deposit Operation Managers, Marketing Staff, and Product Development Specialists


2021 Speaker

Susan Costonis
Compliance Consultant and Trainer