Compliance Management System (CMS) Essentials Webinar

This program provides a practical, risk-based review of the basic requirements of a CMS. A CMS is how an institution learns about its compliance responsibilities and ensures that employees understand these responsibilities. A good CMS also ensures that requirements are incorporated into business processes and reviews operations to ensure responsibilities are carried out and requirements are met. Learn how to take corrective action and update materials as necessary.

What You’ll Learn

• A review of the basic requirements of a CMS and tailoring them to your financial institution
• How changing regulatory requirements pose a risk if not tracked and managed properly
• Breaking down institutional silos to build and maintain a better CMS Reviewing, testing, and monitoring operations to ensure requirements are working as intended
• Training business units
• Correcting and preventing consumer harm

Who Should Attend
This session is designed for anyone who needs a better understanding of a strong CMS. It may be particularly beneficial for new compliance officers, as well as those working in compliance, risk, auditing, and management.