San Francisco Region’s 2022 Community Bankers Workshop
The 2022 Community Bankers Workshop is an interactive seminar 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 will emphasize cybersecurity, technology innovations, and various lessons learned from the pandemic. We will also cover other topics as noted below. Additionally, in Utah, Arizona, and Southern California, where we have noted an increase in de novo bank activity, we have added two additional breakout sessions tailored for new directors. To the extent that you have new board members, you may wish to send them to one of these three locations. The workshop will also include a local economic update presented by the FDIC’s Division of Insurance and Research. Below, you will find a description of sessions that we will hold throughout the Region.
- Compliance/CRA Hot Topics: Consumer Protection and Compliance. This session will include important areas and hot topics such as the Real Estate Settlement Procedures Act (RESPA) Section 8, Flood Insurance regulations, and Third Party considerations; how to appropriately manage your Compliance Management System (CMS); and the latest in the area of the Community Reinvestment Act (CRA). Target Audience: Compliance Officers
- Corporate Governance (held only in Arizona, Utah, and Southern California): Safety starts in the boardroom. This session explores the three pillars of corporate governance and the directors’ role in building a strong internal control structure. Most bank performance problems and operational weaknesses are due to ineffective controls and could be avoided with strong corporate governance techniques. You will learn some red flags that tell you whether your institution is at risk, and we will introduce you to some effective management tools that can enhance your supervision of the bank. Target Audience: New Directors
- Cybersecurity Overview and Ransomware Tabletop Exercise: This session will cover current trends in cybersecurity, including emerging threats and cyber-crime/fraud statistics. The session will also cover industry preparedness and best practices for financial institutions, as well as highlight the importance of business continuity efforts in relation to cybersecurity events. The final portion of the session will include a tabletop exercise focusing on a mock ransomware incident at a bank and the different roles and responsibilities of directors, officers, and information technology (IT) personnel. Target Audience: Directors, Officers, IT Managers
- Deploying Excess Capital and Liquidity – Risks and Rewards: Many banks in the San Francisco Region find themselves with ample capital and liquidity and are looking for ways to deploy those resources. We will explore the appropriate corporate governance surrounding entering into new business lines, including regulatory expectations. We will also discuss industry trends. Target Audience: Directors and Officers
- Innovation: Risk Management and Consumer Protection Considerations Related to Emerging Technologies: This session will focus on innovation and some of the key risk management and consumer protection considerations that should be taken into account when implementing new or growing technologies, such as artificial intelligence and machine learning, alternative data, crypto/digital assets, real-time payments, and Fintech partnerships. Target Audience: Officers, IT Managers, Compliance Officers
- IT Lessons Learned from the Pandemic – COVID Morphed Over Time, Did You?: This session will be interactive and include presentation elements and discussion topics from participants on the IT lessons learned from the pandemic. Key topics will include such items as the importance of business continuity preparation and tests; balancing security and operations in a rapidly changing/evolving environment; implementing perimeter security with an ever-expanding perimeter; best practices for accessing, transmitting, and storing data remotely; and the recently issued FFIEC guidance on authentication. Target Audience: Directors, Officers, IT Managers
- New Director Survival Kit (held only in Arizona, Utah, and Southern California): This session offers useful information about what to expect from the FDIC in the first few years of operation. Learn about different board committee structures and how they should operate. Gain practical tips for conducting effective meetings, keeping adequate minutes, and more. We will also discuss the CAMELS rating system and other types of examinations – Compliance, IT, Trust, Bank Secrecy Act. Target Audience: New Directors
Who Should Attend?
Target audience information is noted above under each session topic. Additionally, interested participants will receive Continuing Professional Education (CPE) credits for their attendance.
Locations, Dates, and Registration
Registration is required for the Community Bankers Workshop. This year’s events are being coordinated with State Trade Associations, and you must register through their websites to participate. Membership is not necessary, but space may be limited. Please register early once registration becomes available. You are welcome to attend any of the seminars throughout the San Francisco Region, not just the seminar in your immediate area. A schedule of dates and locations, as well as registration links can be found here. We look forward to seeing you at one of these sessions.
For additional information, you may contact Supervisory Examiner, Wade Walker at (801) 263-3090, x4753 or at email@example.com.