ACH Risk Assessments for RDFIs & ODFIs
On-Demand Webinar
StreamedMar 20, 2023Duration60 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
It’s likely that ACH transactions account for the lion’s share of your institution’s daily business.
With
such ubiquity comes numerous opportunities for a variety of risks to creep
in. When was the last time you did an
ACH risk assessment? Do you know the
specifics? Attend this webinar to learn
the details.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Distinguish the different risks your financial institution may encounter as an RDFI and ODFI
- Explain the role of controls in mitigating risk exposure in your ACH operations
- Understand the methodologies and importance behind assigning risk ratings
- Explain the difference between inherent and residual risks
- Differentiate the different controls that may be implemented to mitigate inherent risk
This
course is eligible for 1.2 AAP/APRP credits.
WEBINAR DETAILS
ACH transaction volume continues to climb each year
as more and more consumers and organizations realize the benefits of electronic
funds transfers. With the increase in
ACH transactions, it is more important now than ever that your financial institution
has a clear understanding of the risks involved with receiving incoming ACH
transactions, as well as the risk involved in maintaining a sound, safe, and
profitable origination program. This
program will explore various types of risk, including operational risk, credit
risk, compliance risk, and many more. Don’t miss this discussion on Nacha’s A New
Risk Management Framework for the Era of Credit-Push Fraud and recommended
considerations and controls RDFIs can implement to help fight fraud.
WHO SHOULD ATTEND?
This webinar will benefit
operations staff, including operations managers, risk managers, compliance
staff, and treasury management support and operations staff.
TAKE-AWAY TOOLKIT
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
TESTIMONIALS
"
I found it to be more specific than some webinars with great tips for risk avoidance. Eric was a well prepared and very efficient speaker. I didn't feel he wasted any time making his points."
- Cathy, First National Bank of Ballinger
Presented By
UMACHA
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