OCC Hosts Risk Assessment and Compliance Risk Workshops in Texas

WASHINGTON — The Office of the Comptroller of the Currency will host two workshops in Houston at the Hilton Houston Post Oak, March 11-12, 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.  The compliance risk workshop focuses on major compliance risks and consumer protection regulations, such as the Flood Disaster Protection Act, including the recent Biggert Waters amendments, along with core 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.  Focus areas include enterprise risk management, operational risk, and cybersecurity.  Both workshops are taught by seasoned OCC supervision staff.  

“These discussion-based workshops provide board directors with a better understanding of OCC expectations and our examination process,” said Sheila VanOrnum, Risk Assessment Lead Instructor and Assistant Deputy Comptroller.  “It’s also a great opportunity for both new and seasoned board directors to interact with bank examiners outside of a board meeting to discuss their concerns and get OCC’s perspective.”

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 33 being offered nationwide to enhance and expand the skills of national community bank and federal savings association directors.  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.