(ON DEMAND) Director Series: Morning Board Oversight & Responsibility for ACH Risk

Email to Order Archived Webinar!

The board and senior management are responsible for ensuring the institution's internal controls operate effectively. One important element of an effective internal control system is oversight of ACH risk management. That said, lack of board oversight is the number one ACH and RDC risk assessment finding. This session will help the board understand the risks associated with ACH and RDC origination and what regulators look for regarding board involvement. Learn about the reports you should be seeing and how to ensure the board is taking appropriate action to address gaps. In addition, this session will address new risks for same-day ACH and cyber security.

HIGHLIGHTS
Risks associated with same-day ACH
Level of cyber security knowledge
Sample board reports
Sample risk assessment and ratings
Level of knowledge for remote deposit capture (RDC) and mobile RDC

TAKE-AWAY TOOLKIT
Employee training log
Quiz you can administer to measure staff learning and a separate answer key

This course is eligible for 1.8 AAP credits.
Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND? Directors, presidents, senior staff, and compliance personnel.

ABOUT THE PRESENTER – Mary Gilmeister, AAP, NCP, PAR/WACHA, has been the President of WACHA (The Premier Payments Resource) for 20 years and is also President of Payment Advisory Resource (PAR) a subsidiary of WACHA. An accredited ACH Professional and a National Check Professional, Mary has served on the NACHA (National ACH Association) Marketing Committee and the NACHA Board of Directors. She chaired a Nationwide Direct Deposit Campaign in 1998 and participated on the Federal Debt Collection Improvement Act of 1996. Mary also serves on several NACHA committees and on the Board for the National Check Certification Program.
Mary has 25 years’ experience in the financial industry. She has worked as a branch manager, cash management officer, operations manager, and training coordinator. She speaks at conferences nationwide including the NACHA conference, and trains state and federal examiners.