Office of the Comptroller of the Currency Hosts Risk Workshops in Massachusetts

WASHINGTON — The Office of the Comptroller of the Currency (OCC) will host two workshops in Newton, Mass., at the Boston Marriott Newton, Nov. 18-19, for directors of national community banks and federal savings associations.

The Compliance Risk and Credit Risk: A Director’s Focus 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 risks and consumer protection regulations, such as the Bank Secrecy Act, the Truth in Lending Act, and the Community Reinvestment Act, along with key elements of an effective compliance risk management program.

“There have been sweeping changes to customer protection laws in the last five years,” said Laura Lewis, OCC Compliance Lead Expert for the Northeastern District. “Directors who attend the workshop will update their knowledge base, learn best practices, and understand how we as examiners evaluate their institutions.”

The Credit Risk workshop focuses on current and emerging industry trends, and the roles of the board and management.

”Our objective is to help directors learn the skills needed to have a positive influence on the credit risk management practices in their institution,” said Tony Jardieu, Commercial Credit Lead Expert for OCC’s Southern District. “By attending the workshop, participants will have a better understanding of the credit risk management issues they should be aware of for their individual institution.”

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

The Massachusetts workshops are among two remaining workshops in 2014. For information, including a complete list of available workshops, or to register for a workshop, visit https://www.seiservices.com/occ/ or call (240) 485-1700.