Event Calendar

Monday, November 8, 2021

The FFIEC's 13 Exam Objectives for Business Continuity & Resilience Webinar

Start Date: 11/8/2021 1:00 PM MST
End Date: 11/8/2021 2:30 PM MST


Event Website: https://financialedinc.com/a/ibc/webinar/the-ffiec-s-13-exam-objectives-for-business-continuity-and-resilience

Organization Name: Independent Bankers of Colorado

Contact:
Maelynn Lewis
Email: mlewis@ibcbanks.org
Phone: (720) 607-7937

The FFEIC's 13 Exam Objectives for Business Continuity & Resilience Webinar
1:00 – 2:30 pm MT

Solid business continuity planning in action can be an amazing thing. Is your plan robust and ready? The FFIEC has promulgated 13 exam objectives on this issue. Will you pass the examination? Will your plan sail you through the potential “floodgates” of the next emergency, or will it take on water?
 
How quickly your bank can get back to serving accountholders after a cybersecurity attack, hurricane, wildfire, pandemic, or flood often depends on the existing business continuity management (BCM) program. The FFIEC provided guidance regarding the contents of your program, but also emphasized the importance of a continuous cycle for assessing resiliency using a 10-step approach. As technology evolves so do the threats that could hamper an institution’s ability to provide financial services.  Business continuity and resiliency plans create a game plan for minimizing interruptions during a crisis.
 
Your BCM program must keep pace with the emergence of new threats, such as the COVID-19 pandemic, and the evolution of products and services.  With this webinar, you’ll learn the examination procedures, resilience strategies, and how to incorporate the 10 steps of the business continuity lifecycle. Two other key components are communication with the board and your internal auditor’s role in assessing the BCM program’s design effectiveness. While disasters can’t be predicted, you can ensure your institution has a solid business continuity management program that will pass muster during an examination and be a valuable tool when disaster strikes!
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Prepare to meet the 13 objectives outlined in the examination manual
  • Discuss the 10 steps of the business continuity lifecycle
  • Examine third-party service provider contracts for business continuity
  • Ensure the board receives adequate BCM program communication
  • Communicate the internal auditor’s role in assessing the BCM program’s design effectiveness
  • Consider new technologies and emerging threats for inclusion in the plan
  • Share resources with staff and accountholders during a disaster
TAKE-AWAY TOOLKIT
  • Business continuity contract considerations for technology service providers
  • Critical function worksheet in Excel
  • Threat risk assessment in Excel
  • Checklist for critical business continuity reporting to the board
  • Employee training log
  • Interactive quiz
WHO SHOULD ATTEND?
This informative session is designed for senior management, business continuity team members, human resources managers, trainers, compliance officers, internal auditors, risk managers, security officers, and anyone responsible for business continuity management.
 
MEET THE PRESENTER
Molly Stull, Brode Consulting Services, Inc.
Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since. She has experienced the growth of a hometown bank, branch mergers, charter changes, name changes, etc. Molly has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners.  Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures. Molly holds a bachelor’s from the University of Akron and an MBA from Ashland University.



THREE REGISTRATION OPTIONS – WHAT YOU GET
1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. On-Demand Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.