"An effective compliance training program includes training mandated by regulation (e.g. anti-money laundering, security, and funds availability), as well as training in response to regulatory changes, new products or services, and audit and examination findings. Either as part of our Compliance Administration Program or as a stand-alone product, our training programs are customized to your specific operation. A combination of on-site training, webinars, and computer-based training is designed to meet your needs."
Catalyst Deliverables
We have delivered countless sessions of compliance training in all areas, including:
- BSA/Anti-Money Laundering
- CRA
- Fair Lending
- Deposit Operations
- OFAC
- Real-Estate Lending
- Non-Deposit Investment Products
Even if you have an in-house training department, compliance training is particularly specialized. We can work with your in-house trainers or supervisors so that they are providing the most up-to-date information ("train-the-trainer" sessions).
Benefit
Compliance is everyone’s responsibility. If compliance knowledge was restricted to just the compliance officer, few transactions would be in compliance. An effective compliance program ensures front-line staff, those performing transactions, have the knowledge and tools to perform the transaction in compliance with declared bank practices of applicable laws and regulations.
