Security Officer Reports to the Board: Timing, Contents & Requirements
The implementing regulations of the Bank Protection Act require the security officer to report annually to the board on the “implementation, administration, and effectiveness of the security program.” As banks downsize or right-size, danger in the security area increases. Learn how to educate your board on these issues with skill and diplomacy.
This webinar will review best practices relating to training, inspections, and foreseeable events that should be reported to the board. Learn how the annual written report should be prepared, presented, and reported. Security officers and board members will garner valuable resources that can provide statistics, facts, and information to reduce liability.
Many financial institutions are satisfied if regulators don’t take issue with the board report or the security program. However, don’t wait for a lawsuit against the security officer, management, and the board (both jointly and individually) to discover your report was missing key items. Information that could help during litigation is very different than what regulators examine for compliance. Be aware that the report is not just for the board – a much larger audience will review it if something goes wrong.
Attendance certificate provided to self-report CE credits.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
Report foreseeable events that could bring liability against the board
Identify information that should be reported to the board annually
Present major problems to the board with limited time
Explain why the security officer/risk management department should report to the board in person
Understand what is included in the security function
Keep records that will make board reporting easier
WHO SHOULD ATTEND?
This informative session was designed for auditors, security officers, risk management staff, senior management, and board members responsible for the security function.
TAKE-AWAY TOOLKIT
Sample annual board report
Sample top sheet for board reporting
Special report form
Incident report form
Security tips
Employee training log
Interactive quiz
ABOUT THE PRESENTER – Barry Thompson, CRCM Thompson Consulting Group, LLC
Barry Thompson is an international speaker, trainer, consultant, and writer. He is a security and compliance “guru” for a leading national training organization and regularly presents security conferences for trade groups – he has trained over 51,000 financial professionals.
Barry is recognized worldwide, presenting in Brussels, Belgium to European bankers on internal fraud; at the United Nations on identity theft; and to Japanese bankers on bank security. Barry has worked in the financial services industry for over four decades, and has held the positions of security officer, compliance officer, treasurer, senior vice president, and executive vice president. He has handled over 900 security cases and has been involved with investigations and prosecutions at the federal, state, and local levels. Barry is the author of 101 Security Tips for the Beginning Security Officer and has been interviewed by Newsweek, Computer World, USA Today, and other national publications.
REGISTRATION OPTIONS
Live Webinar Access – $245
On-Demand Access + Digital Download – $245
Both Live & On-Demand Access + Digital Download – $320
