Directors' College Program
San Francisco Region 2019 Directors' Community Bankers Workshop
The 2019 Community Bankers Workshop is designed to help bank executive and mid-level officers, both new and experienced, stay abreast of the ever-changing business, economic, and regulatory environment. The workshop will be led by seasoned risk management and compliance field examiners and supervisors from the San Francisco Region (Region).
This year, the workshop is very much tailored to the particular location and anticipated audience size. We consulted local field supervisors and bankers regarding topics of interest in their geographical area. As such, topics will vary from location to location. The workshop will also include a local economic update presented by the FDIC’s Division of Insurance and Research. Furthermore, in locations with anticipated high attendance, we plan to hold breakout sessions to allow for additional localized topics. Below, you will find a description of topics that we will hold throughout the Region. Please refer to the specific agenda for topics being held in your area. Also, please note that the workshop start-times vary depending on location.
- Bank Secrecy Act – While the Bank Secrecy Act (BSA) has been around for almost 50 years, it continues to provide challenges to a number of banks in the Region. As such, we intend to highlight a couple of important areas – BSA software/adjustments to rulesets and BSA staffing – as well as provide an overview of the new beneficial ownership requirements. Finally, given that many of the states in the Region have legalized the use of marijuana to some extent, we will discuss regulatory expectations that flow from FINCEN guidance.
- Current Expected Credit Losses (CECL) – The Financial Accounting Standards Board’s CECL changes will begin phasing in during 2020. As banks begin the phase-in process, examiners will focus time and attention to the topic during our bank examinations. The workshop will discuss expectations for community banks in implementing CECL, including walking attendees through various methodologies.
- Community Reinvestment Act (CRA) – Maintaining a healthy CRA record and performance has become increasingly challenging for banks in some markets. This presentation provides transparency into the CRA evaluation process and the content that examiners review in assigning ratings. We will cover the different types of CRA evaluations, the processes examiners follow, qualifying community development activities and best practices, CRA self-assessments, and CRA hot topics.
- Consumer Compliance Hot Topics – A strong compliance management system (CMS) is essential to minimize the potential risk of consumer harm in a bank’s operations. We will explore the current hot topics in the compliance arena to assist you in maintaining a strong CMS. What are the regulators hearing? What is applicable for you in your bank as you work to ensure a strong compliance program? We will answer these questions and more.
- Cyber Security/Vendor Management – The banking industry continues to serve as a target of cyber criminals. We will discuss regulatory expectations regarding cyber incident preparedness as well as how to respond if your bank is attacked. Furthermore, because we receive many questions regarding vendor management, instructors will detail the regulatory guidance of this important area.
- Liquidity – Many bankers in the Region are experiencing significant competition for core deposits and find themselves relying more and more on non-core funding to meet liquidity needs as their bank grows in this robust economy. This presentation will explore a 2-rated liquidity rating versus a 3-rated liquidity rating. We will highlight considerations for bank cash flow analysis, liquidity stress testing, and contingency funding plans, all of which serve as strong risk management techniques.
- Managing Concentrations of Credit – Commercial real estate lending continues as a business model focus for many banks in the Region. While some banks fall under enhanced procedures outlined in 2006 regulatory guidance, many banks have concentrations below those levels. In either case, concentration management is an important element of overall bank safety and soundness. Of course, examinations at concentrated banks include an in depth review of risk management practices in this area. We will discuss regulatory guidelines for banks with concentrations in commercial real estate. The presentation will also highlight stress testing examples.
Who Should Attend?Executive and mid-level bank officers. In particular, CFOs, BSA, Compliance, and IT officers may be interested in the various breakout sessions. Community bank directors may wish to attend if they are interested in detailed information on the instruction topics. Again, please consult the agenda for specific topics offered at the local workshop.
AgendaThe Workshop will begin at two different times and topics will vary, depending on location. It will last approximately ¾ of a day. Please refer to the agenda located under the link in “Locations, Dates, and Registration” below for details.
Interested participants will receive Continuing Professional Education (CPE) credits for their attendance.