2022 Compliance Summit Session Details


 Wednesday, November 2
8 a.m. - 9 a.m.  Changes in Compliance Officer Expectations
Rafael (Ralph) DeLeon, Ncontracts

The role of a compliance officer has shifted over the last several years amid increases in cryptocurrency usage, fraud, online purchases, digital banking and the ever-changing payment system rails. Add those factors on top of increased regulatory expectations and burden, and it is almost overwhelming. Along with assessing risks and creating a game plan to handle potential issues, compliance officers should also provide leadership across the bank to help drive strategy while staying within the appropriate guardrails. This session will cover:

  • The right vision for your bank as a compliance officer; 
  • How to communicate effectively and drive change; and
  • Strategy for continuous compliance improvement. 
 9:15 a.m. - 10:30 a.m. Home Equity FAQs

Kelly Goulart and Christy Bussey, Independent Bankers Association of Texas

Recent changes in Texas Home Equity laws give homeowners more choices, but navigating those changes can cause confusion due to the uniqueness of the law. Hear from IBAT’s compliance experts in this area who will review frequently asked questions and discuss the most recent changes that have been implemented.   

  • Frequently asked questions;
  • Requirements for valid Home Equity Liens in Texas; and
  • Power of attorneys in Home Equity transactions.
 10:45 a.m. - 11:45 a.m. HMDA - Are You Getting it Right? 

Apryl Salazar and Diem-Ha Ignacio, Independent Bankers Association of Texas

Walk through the new final rule requirements of the Home Mortgage Disclosure Act and find and find clarity on your lingering questions. With increased coverage requirements, data collection and submission, accurately reporting your Loan Application Register information is of the utmost importance. This session will cover the following requirements:   

  • Current state of HMDA and future expectations;
  • Examinations and HMDA; and
  • Issues and risks you need to be aware of after submission.
 1:00 p.m. - 2:00 p.m. Loan Collection and Recovery

Christy Bussey, Independent Bankers Association of Texas

Maximize recoveries with good oversight, account servicing and efficient back-office operations. This session will uncover hidden compliance risks in your collections area, while spotlighting staff management, delinquent borrowers, attorneys, and reporting to the board and senior management on this difficult topic.  

  • Strong LCR policies and procedures;
  • Key communication practices;
  • Important information and how to obtain it; and
  • Why first loss is sometimes the best loss/workout tactics. 
 2:30 p.m. - 3:30 p.m. Consumer Compliance Trends

Jennifer Friesz, FORVIS

This session will consider regulatory compliance trends and how compliance departments should establishing priorities in the coming year regarding consumer compliance. The discussion will cover trends, hot topics and potential pitfalls in the new regulatory environment. 

  • Fair and Responsible Banking;
  • Community Reinvestment Act;
  • UDAAP; and
  • Other emerging risks.
 3:30 p.m. - 4:00 p.m. The Future of Overdrafts 
Cheryl Lawson, JMFA

Overdraft programs have been a big topic of discussion among the media, elected officials and regulatory agencies over the last year. Many banks are in the process of reviewing their programs amidst all the stirs. This session will discuss responsible and compliant ways to maintain an overdraft program.

  • Discuss the latest regulatory perspective;
  • Best practices and pitfalls to be aware of; and
  • Overdraft strategies for the future.
 Thursday, November 3
 8:00 a.m. - 9:30 a.m. BSA Hot Topics and Updates
Apryl Salazar, Independent Bankers Association of Texas 

During this presentation IBAT’s compliance experts will focus on the new and continuing issues in the BSA arena. Items covered will be the new beneficial ownership proposed rule, the new chapters of the exam manual released at the end of the year, new advisories and current regulatory focus as well as: 

  • What has changed since last year;
  • How to handle high risk customers-marijuana, MSBs, HRBs, charities; and
  • Using data analytics in compliance management.
 9:45 a.m. - 10:30 a.m. Third-Party Due Diligence
Kelly Goulart, Independent Bankers Association of Texas

Vendor management continues to be a high priority operational and regulatory issue. The explosion of virtual operations and remote services has introduced more opportunities, more vendors and more risks into your processes. This session will examine the practical and regulatory requirements for managing third-party relationships and the operational details of creating an effective vendor management program.

  • Reduce the compliance risk associated with critical vendors;
  • Avoid common vendor management pitfalls; and
  • Create solid staff oversight and quality control.
 10:45 a.m. - 11:45 a.m. Model Risk Management for Community Banks 
Grigoris Karakoulas, InfoAgora Inc.

Data analytics add value beyond the numbers. For compliance professionals, the quantified information that comes out of analytics dashboards is necessary for strengthening their programs and supporting evidence-based action. This session will show you how you use data analytics to establish and improve compliance monitoring programs.

 12:45 p.m. - 1:45 p.m. Financial Crimes and Cyber Security Trends

Hear from the Texas Department of Banking on the latest trends in financial crimes and cyber security. 

 2:15 p.m. - 3:15 p.m. ACH and Payment Trends 

Kelly Goulart, Independent Bankers Association of Texas

Accelerated digital transformation and the impact of real-time payments means that consumers and businesses continue to experience a great deal of change in how they pay and are paid. This session will review what payment trends are anticipated in 2023.  

  • What real-time payments and faster payments will look like;
  • Digital wallets, digital banks and frictionless payments; and
  • Recommendations on preparing for next year.
 3:30 p.m. - 4:00 p.m. Accounting Compliance

Christy Bussey, Independent Bankers Association of Texas

Accounting compliance means ensuring a business’s financial reporting is accurate and in line with current laws and regulations. To ensure this accuracy, it is important to have clear processes and procedures for recording and verifying financial transactions and reports. This session will cover: 

  • Maintaining best practices in accounting functions;
  • Changes on the horizon; and
  • Resources.
 Friday, November 4
 8:00 a.m. - 9:00 a.m. What Does Diversity, Equity and Inclusion Mean for Community Banks?
Christy Bussey, Independent Bankers Association of Texas

Diversity, equity and inclusion are at the forefront of conversation and company initiatives. While some companies championed DE&I early on, others continue to struggle with getting started, risking reduced employee engagement and employee loss. We are all responsible for diversity, equity, and inclusion within our organizations. This session will review the tools needed to gain traction.

  • Today’s leadership challenges for DE&I;
  • Jump start your DE&I program; and
  • How compliance fits into the DE&I landscape.
 9:15 a.m. - 10:15 a.m. CFPB and So-Called “Junk Fees”
Compliance Team and Steve Scurlock, Independent Bankers Association of Texas

“Junk Fees” are being reviewed by regulators and how they may or may not be included in mortgage production and servicing activities soon.  The review is in flux and if the actions take precedence, certain fees may be deemed a violation of UDAAP and could result in supervisory or enforcement actions. This session will cover: 

  • Fees that may be top of regulators’ lists;
  • How to evaluate your current policies and procedures as they relate to fees; and
  • What adjustments your organization may need to consider.
 10:15 a.m. - 11:00 a.m. Critical Pending Regulations  

Kelly Goulart and Apryl Salazar, Independent Bankers Association of Texas

IBAT’s compliance team will update you on pending regulations on the 2023 landscape.

  • 1071;
  • Safe Act ;
  • CRA; and
  • Other hot topics.
 11:00 a.m. - 12:00 p.m. Ask the Regulators
Christy Bussey (moderator), Independent Bankers Association of Texas

Panel discussion with regulators highlighting compliance trends and hot topics, as well as a live Q&A session.

  • FDIC;
  • OCC; and
  • State of Texas, Department of Banking