Compliance Responsibility

is every banker’s journey

Chamber of Thrift BanksGMM

June 11, 2010

Training Objectives• Empower Compliance Officers and

Coordinators in understanding of their role and challenges

• Orient bank support officers on the value of Compliance.

Training Objectives• Improve soft skills of Compliance

officers to effectively discharge their functions

• Promote pro-active compliance culture in respective banks

• Support thrift banks achieve satisfactory CAMELS rating.

Compliance Function – A Dynamic Process

Compliance Program

Compliance Program

Regulatory Bodies

Regulatory Bodies

Compliance System

Communications

Communications

Monitor & Assess

Monitor & Assess

COMPLIANCE FUNCTIONCOMPLIANCE FUNCTIONBefore CO Era AVOID This IDEAL

Regulatory Pressures Regulatory Pressures Regulatory PressuresRegulatory Pressures

Line Officers’RegulatoryKnowledge

Personnel Knowledge

Compliance Officer

Line Officers

Personnel

Line Officers’RegulatoryKnowledge

Personnel Knowledge

Compliance Officer

Personnel Knowledge

Line Officers

Personnel

Compliance culture and Bank’s Journey to

CAMELS 5• What is CAMELS Rating?• Why Is it important?• Where are we now?• How do we get there?• When do we go there?

Journey to CAMELS 5 must be owned by BANKER

• Regulatory Pressures for CAMELS 5

• CAMELS RATING is DRIVEN from all areas of OPERATIONS

• BENEFITS OF STRONG CAMELS RATING IS for the whole BANK

Training Outline

• Module 1 Intro to Compliance– Responsibility & Compliance frame work– Compliance Soft Skills

• Module 2 Compliance Systems and Tools• Module 3 Compliance Technical skills

– MORB Basics– Understanding CAMELS

• Module 4 Reinforcing AML and EDD