In times of economic uncertainty, it is important for financial services organizations to have strong risk management and compliance programs in place to protect the organization and serve the needs of their customers. To do this, the board of directors needs to understand what their responsibilities are and provide guidance to help organizations understand their risk strategies and what type of training will be needed to execute the strategy.

In this webinar, Heidi Wier, Managing Director of Regulatory Compliance, Internal Audit and Fair Lending at CrossCheck Compliance, will highlight how compliance professionals can develop effective, transparent communication between management and the board to improve the decision-making process and board effectiveness.

Key discussion topics include:

• Providing pre-read materials to prep board members to make the best possible decisions for the business
• Presenting concise, accurate, and unbiased materials and executive summaries with a focus on key metrics
• Utilizing secure board portals to streamline information sharing
• Communication strategies to update the board on key developments, challenges, and opportunities
• Developing board training to help them develop skills to create effective plans

PRESENTER:

Heidi Wier, CMCP
Managing Director, Regulatory Compliance, Internal Audit and Fair Lending
CrossCheck Compliance

Heidi is a Managing Director at CrossCheck Compliance LLC, a nationwide consulting firm providing regulatory compliance, internal audit, fair lending, and loan review services to the financial services industry. Heidi has over 30 years of experience consulting with mortgage companies, banks, credit unions, and fintech companies of all sizes on their compliance, fair lending, and internal audit needs.

Prior to joining CrossCheck, Heidi was a Director of Internal Audit and Financial Institutions for Jefferson Wells. She also held leadership positions in internal audit, mortgage operations, and compliance at Banc One Corporation, (now JP Morgan Chase). Heidi has served as an expert witness, is a frequent instructor and presenter for mortgage and banking associations across the country, and is a published author on various audit and compliance topics in publications including ABA Risk and Compliance, Mortgage Compliance Magazine and HousingWire. She is also the leading author of updates to various editions of the American Bankers Association Reference Guide to Regulatory Compliance.