OCC Hosts Risk Assessment and Compliance Risk Workshops in Syracuse

WASHINGTON — The Office of the Comptroller of the Currency will host two workshops in Syracuse, N.Y., at the Sheraton Syracuse University Hotel, Aug. 5-6, for directors of national community banks and federal savings associations.

The Compliance Risk and Risk Assessment workshops are designed exclusively for directors of institutions supervised by the OCC. Both workshops are taught by seasoned OCC supervision staff.   

The compliance risk workshop focuses on major compliance risk and consumer protection regulations, such as the Qualified Mortgage Rule, Bank Secrecy Act, and Community Reinvestment Act, along with key elements of an effective compliance risk management program.  

The risk assessment workshop discusses the OCC’s approach to risk-based supervision, and best practices to identify, measure, monitor and control risk. The interactive sessions also cover industry hot topics such as credit risk, strategic risk, and the regulatory environment.  

“The workshop provides a better understanding of the OCC’s risk assessment process and how board directors can apply that to their bank,” said Julie Blake, Assistant Deputy Comptroller for the Cincinnati, Ohio, office and Risk Assessment Instructor. “We also provide resources to help bank directors with the risk management process.”

The fee is $99 for each workshop. Participants receive a pre-workshop reading package and course materials, and assorted supervisory publications. Each workshop is limited to the first 35 registrants.

The workshops are among 35 offered nationwide to expand the skills of directors of national community banks and federal savings associations. For more information, such as a complete list of available workshops, or to register for a workshop, please visit https://www.seiservices.com/occ/ or call (240) 485-1700.