TOPIC: Audit

Upcoming CECL, Portfolio Risk, Credit, and Lending Conference | ThinkBIG - September 24-26

There are only four days left until regular registration ends for the biggest CECL, portfolio risk, and lending and credit conference of the year - ThinkBIG!

When: September 24-26
Where: Loews Sapphire Falls Resort at Universal Orlando | Orlando, FL
Who: Anyone involved in CECL/ALLL, portfolio risk, or credit and lending. Common titles include CFO, Controller, VP of Finance, Credit Analyst, CCO, CRO, Credit Admin and Loan Admin.

Are you managing risk and driving growth at your financial institution? Do you need ideas to think bigger about portfolio risk, CECL, or lending and credit? The ThinkBIG Conference presented by Abrigo was created to give you the educational tools and concrete ideas to Manage Risk. Drive Growth.  

The conference brings together industry thought leaders and experts, financial institution peers, CPAs, auditors and regulators for three days of compelling educational content and networking. Be prepared to Think Bigger with insights and information critical to your lending strategies, mitigating credit risk, and the transition to and implementation of the new allowance accounting standard.  

If you have responsibilities related to CECL and the ALLL at your institution, or if you want to know more about how CECL will impact your institution or you want to grow your loan portfolio quicker and more efficiently while driving profitability, this is the one conference this year you cannot afford to miss. 

Earn 14 CPEs! 
Register today and save! 


    Director at a Company (USA)
         Does the Loan Officer's NMLS # need to be included in ALL points of contact ... such as written letters that are scanned and emailed or mailed. Or is it just required on Business cards and email signature lines?

         Originally Posted by Kristie Hopson, Compliance Officer of Llano National Bank, on 21 Mar 2018 to CBANC FI Professionals Community.

      DocuSign or In Person Electronic Signatures

      Director at a Company (USA)
           We are implementing DocuSign to accept electronic signatures.  We have been using it for some time on sending disclosures that required view only.  We are wanting to use it for in person signing at the branch; however, want to make sure we are addressing the requirements of E-Sign.  Would any bank that does in person signing via any vendor be willing to discuss how they meet the E-Sign requirements of 1) consent and 2) ability to open.

           Originally Posted by Toni Verret, Chief Risk Officer of United Community Bank, on 1 Jul 2019 to CBANC FI Professionals Community.

        Incidents & Issues Management

        AVP at a bank ($2.5BUSA)
        Does anyone have a policy or procedure for the below topic?

        Identifying a problem as an Incident or Issue:

        What is an Incident? - Incidents are unexpected or unplanned events that occur which have a negative impact (e.g. financial, reputational, strategic, regulatory, etc.) on the overall bank. (i.e.: large fraud loss, data breach, a single event such as a large charge-off, etc.)

        What is an Issue? - Issues are identified gaps or problems related to bank process, policy or the operating environment. They may be related to incidents, but often will be identified through review mechanisms (i.e. Risk Assurance, process control review).
                                                                       Determining the level of materiality:
        Low (This rating indicates occasion minor issue(s) may occur which can be quickly addressed by management.  Risks are controlled in a manner that does not require additional or more than normal supervisory attention.)       

        Moderate (This rating indicates minor weaknesses or deficiencies may exist, but are correctable in the normal course of business. Generally, risks are controlled in a manner that does not require additional or more than normal supervisory attention. If uncorrected, the identified weaknesses could have an adverse effect on the bank’s performance.)      

        High (This rating indicates a critical significant risk exposure.  A number of significant risks to the bank have not been adequately addressed, and management deficiencies warrant immediate attention. Unless properly addressed, these deficiencies will jeopardize the bank’s performance, expose the bank to risk outside of appetite or result in regulatory or legal exposure.