Coastal Supervisory Committee & Internal Audit Conference

Coastal Supervisory Committee & Internal Audit Conference
Topics & Objectives

Please note that the Topics/Objectives listed below are subject to change.

The Strategic Volunteer

Jason Boles
Research shows that volunteerism has been on the decline for roughly thirty years. So, what is your motivation to volunteer your time? Are you serving or being served? As credit unions continue to evolve and become more complex financial institutions, the role of the director is critical to ensure the organization is ready for the challenges of today and tomorrow. If you are not getting what you need out of volunteering, what makes you think you are giving back? This session will discuss the role of the director and what you need to do to ensure you are getting the rewards you need in volunteering.

Current Trends in Financial Institution Fraud

E. Michael Thomas
In this presentation, we will discuss current statistics and trends as they relate to financial institution fraud. Examples of recent frauds along with related best practices to prevent, deter, and detect future occurrences will be discussed.

Internal Negotiating Skills: Conversation as a Management Tool

(3 credits, Level 2, Board Operations & Development Category)
Jason Boles
Effective negotiating is a powerful, and underutilized, management tool. Changing the approach in which you deliver a message to others can help maximize your effectiveness as a manager and leader. Come prepared to learn how to take your communication skills to the next level and discover how to sell your thoughts and ideas to key internal decision makers, direct reports, and outside vendor/partners.

Mortgage Market Fraud & Its New Face in Light of the Current Economic Conditions

(3 credits, Level 2, Risk Assessments/Audit Plan Category)
E. Michael Thomas
The mortgage meltdown of recent years has changed how we think about mortgage lending. As credit has tightened, mortgage fraud has evolved and has become a ballooning issue. Hear from an industry expert about current mortgage loan fraud statistics, loan document misrepresentation, and mortgage loan fraud schemes that are being uncovered.

Emerging Technologies = Emerging Risks

(3 credits, Level 2, Risk Assessments/Audit Plan Category)
Ken Otsuka
Which new services and emerging technologies in the credit union industry carry the highest risks? Is it teller kiosks, mobile banking, remote deposit capture, or electronic signatures of remotes loans? In this session, we will discuss the exposures and potential pitfalls of these new services, systems, and technologies. Discover methods to balance the benefits that these new technologies bring with the inherent risks that surely accompany them.

Due Diligence and Ongoing 3rd Party Oversight

(3 credits, Level 2, Internal Audit Category)
Dan Johnson and Steve Miller
Due diligence continues to be high on the NCUA’s list of priorities for credit unions. An appropriate due diligence plan that considers the needs of the credit union’s board, employees, regulators, and community is crucial. Hear from expert practitioners who help credit unions through this process every day. Learn from their experience and oversight process that protects your credit union and your members.

Wire/ACH Transfer Fraud

(3 credits, Level 2, Risk Assessments/Audit Plan Category)
Ken Otsuka
Learn how to identify ACH and wire transfer fraud warning signs and implement loss mitigation techniques to protect your credit union and members. We'll discuss how a "money mule" scam may work, and how wire and ACH transfers fit in. Plus, you’ll get an overview of the regulations (Regulation E, UCC, NACHA, etc.) that govern wire and ACH transfer transactions and how liability is assigned.

Analyzing the Risk in Your Loan Portfolio

(3 credits, Level 2, Risk Assessments/Audit Plan Category)
Dan Jonson and Steve Miller
The economic troubles of the last couple of years have revealed weaknesses and flaws in many loan portfolios. It’s the responsibility of the supervisory committee to make sure that management is assessing this risk and taking steps to control and manage that risk. Hear from industry experts who will help you maximize your effectiveness while ensuring the efficiency that is required to meet deadlines.

NCUA Update

Larry Maynard
Hear from an NCUA representative about proposed and recent changes to rules with emphasis on examination issues. Credit unions and NCUA have a great deal on their plates. Hear straight from the source where priorities should lie and get insight into how to deal with hot topic issues.

Rekindle the Fire When You are Down to a Pilot Light

Jack McCall
Sometimes the pressures of modern living can take the wind right out of your sails and often times we feel the fires of our enthusiasm burning low. The demands of a fast-paced lifestyle, work environments with accelerating changes, and the constant challenge to accomplish more with less, have a way of wearing us down. In this presentation, learn how to rediscover your truest sources of motivation, reassess current positions, and recharge your batteries.

Training & Education