Chief Compliance Officer Series: It’s Your First Day on the Job, What’s Next?

by Sarah Harvey / November 20, 2023

Have you recently accepted a Chief Compliance Officer (CCO) position? Are you curious about what responsibilities your new position entails? Are you wondering what the CCO of your organization does on a day-to-day basis? In this webinar, speakers Chris Straiter, CCO with Sentry Credit, and Jessie Skibbe, CCO with KirkpatrickPrice, provide an overview of what you can expect as a CCO. What are the Responsibilities of a Chief Compliance Officer?…

Man working on computer

Information Security Management Series: Risk Assessment

by Sarah Harvey / November 20, 2023

Are you wondering why a risk assessment is so important? Do you need more information about how to conduct a risk assessment? If it is your first time conducting a risk assessment, or if you are looking for a way to simplify your risk assessment process, follow these nine steps: Asset Characterization: Identify your organization’s assets such as hardware, software, human resources, data, and processes. Threat Identification: Detect either man-made or…

Vendor Compliance Management Series: Where To Start?

by Sarah Harvey / November 20, 2023

What’s Changed? There needs to be a full chain of custody as the CFPB expects you to “oversee their business relationships with service providers in a manner that ensures compliance with Federal consumer financial law….” For example, if you have “any person (i.e. service provider) that provides a material service to a covered person (i.e. you) in connection with the offering or provision by such covered person of a consumer…

CFPB Readiness Series: Making Risk Assessment Work For You

by KirkpatrickPrice / November 20, 2023

Once you’ve determined that you need to undergo a CFPB audit, conducting a risk assessment enables you to find and address gaps before the audit begins. What is a Risk Assessment and Why Should I Care? A risk assessment is a systematic process of evaluating the potential risks that may be involved in a projected activity or undertaking. It involves evaluating operational, compliance, and reputational risks. Aside from being mandated…

CFPB Readiness Series: Developing an Internal Audit Process

by KirkpatrickPrice / November 20, 2023

When you begin preparing for your CFPB examination, it is critical that you develop and implement an internal audit process to provide an independent, objective evaluation the operational effectiveness of your organizational controls. In this webinar, Information Security Specialists at KirkpatrickPrice will review how to develop an internal audit process for your organization and why it is essential for CFPB compliance. Why Should I Have an Internal Audit Process? According…