Organizational Risk Assessments
James DeFrantz Overview:
The risk assessment process allows financial institutions to identify their areas of potential weakness and to determine the level and quality of internal controls.
Why you should Attend:
A careful risk assessment process is critical to developing the parameters for what is considered high risk.
Areas Covered in the Session:
- Geographic considerations
- Customers served
- Products and services
- Inherent Risks
- Internal controls
- Mitigated risk
- Risk Ratings
Who Will Benefit:
- All Management and Staff
Speaker Profile
James DeFrantz CRCM, CAMS, J.D. has 30 years of experience in financial service regulatory compliance. He has worked with money service businesses in the United States and internationally, including consulting with money remitters, fintech lenders, and foreign exchange firms. He is a specialist in compliance in consumer and real estate lending; BSA; CRA; Fair Lending; Consumer Operations; Non- Non-Deposit Investment Products; Note Department Operations; Assessment of ALL and Credit Approval Processes. He has served as a Senior Compliance Examiner at the Federal Reserve Bank in San Francisco; as an Analytical Manager at the Office of Thrift Supervision; and as a Commissioned National Bank Examiner at the Office of the Comptroller of the Currency (OCC). He has a Certificate from the Pacific Coast Banking School of Bank Management, a Juris Doctor from the University of San Francisco with a concentration in banking and finance, and a BA from Dartmouth College. He is a Certified Regulatory Compliance Management and Certified Anti-Money Laundering Specialist.