APRP Prep Specialization

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Monday, July 23

NEW! Risk for All Payment Types
APRP Prep Specialization
11:15 AM-12:15 PM

This course introduces students to foundational risk management principles in the payments industry. The instructor discusses risk management across ACH, check, wire transfer, and card payment channels, as well as disaster recovery and contingency planning. Students learn core components of enterprise risk, such as risk management life cycles, key terms, and risk mitigation business drivers.

Faculty: Jen Wasmund, AAP, CTP, NCP, Enterprise Payments Risk Manager, Capital One


Tuesday, July 24

NEW! Topics in Regulation: Regulations J & CC Update
APRP Prep Specialization, Payments Risk & Compliance School of Study
11:30 AM-12:30 PM

Amendments to Reg CC to facilitate the ongoing transition from paper to electronic check collection and return became effective July 1, 2018. Meanwhile, Reg J and Federal Reserve Bank Operating Circular No. 3 will be amended to conform to the Reg CC amendment. This course provides students with an overview of the changes, the role of ECCHO, as well as the practical impact on depository institutions, payment processors, and vendors.

Faculty: Richard M. Fraher, VP & Counsel to the RPO, Federal Reserve Bank of Atlanta


Putting FFIEC Guidance into Practice
Payments Risk & Compliance School of Study, APRP Prep Specialization
1:45 PM-2:45 PM

In addition to ensuring compliance with the various FFIEC guidance, including the most recent Cybersecurity Assessment, financial institutions are required to conduct IT/IS audits, ACH risk assessments, GLBA audits, in addition to other obligations. Instructors in this course will help students understand the purpose and scope of the guidance and required assessments, and help you determine if there are efficiencies to be gained rather than repeat testing.

Faculty: Tony DaSilva, AAP, Senior Technical Expert, Federal Reserve Bank of Atlanta
               Cindy J. Thompson, AAP, CTP, Professional Services Manager, The Clearing House Payments Authority


Compliance Lines of Defense
Payments Risk & Compliance School of Study, APRP Prep Specialization
3:00 PM-4:00 PM

Internal monitoring and compliance testing represent two lines of defense for financial institutions and Originators. Students in this course learn how to effectively manage these lines and comply with ever-changing compliance requirements while gaining a deeper understanding of what exactly it is compliance departments are responsible for handling.

Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank


NEW! Understanding Third Party Relationships
Payments Risk & Compliance School of Study, APRP Prep Specialization
3:00 PM-4:00 PM

What are third parties? Updates to the NACHA Operating Rules revised the definition and clarified the roles of Third-Party Senders. However, uncertainty may still exist around payment intermediaries and their various roles in the ACH Network. Faculty take students on a deep dive into what classifies a Third-Party Sender as such, including guiding them through different payment scenarios outlining who third parties are, what role they play, the risks that need to be considered, and when the definition applies to these ACH participants.

Faculty: Cindy J. Thompson, AAP, CTP, Professional Services Manager, The Clearing House Payments Authority


Wednesday, July 25

NEW! Prearing for the APRP Exam: Blueprint Review
APRP Prep Specialization
12:30 PM-1:30 PM

NACHA and the RPAs have worked together to introduce the Accredited Payments Risk Professional Program (APRP). The first exam was held earlier this year and preparations are now underway for the next testing window in July 2019. In this course, members of the APRP Oversight panel provide insight into specific topics addressed in the exam and how you can begin to prepare now. Students come away with an understanding of the benefits of becoming an APRP, continuing education requirements, and where to acquire training and education for the exam.

Faculty: Michele Barlow, AAP, NCP, Vice President, WACHA - The Premier Payments Resource
              Stephanie Prebish, AAP, CTP, Senior Director, Payments Innovation Alliance, Education & Accreditation, NACHA - The Electronic Payments Association
              Jen Wasmund, AAP, CTP, NCP, Enterprise Payments Risk Manager, Capital One


Business Continuity Planning: Are You Prepared?
Payments Risk & Compliance School of Study, APRP Prep Specialization
12:30 PM-1:30 PM

Responses to 9/11 and disasters like Hurricane Sandy changed the payments landscape in the way financial institutions, corporations and government entities react to crises. What processes and contingencies have been implemented in the years since these events? Given the recent hurricane devastation in Texas, Florida, Puerto Rico and the U.S. Virgin Islands, learn what you should and must do to ensure that you are not the weakest link. With your organization’s reputation and business vitality at risk, having a plan in place is critical to your organization properly reacting to natural disasters and other emergencies.

Faculty: Nell Campbell-Drake, AAP, Vice President, Federal Reserve Bank of Atlanta


Enterprise Risk Management
Payments Risk & Compliance School of Study, APRP Prep Specialization
1:45 PM-2:45 PM

The ability to understand, control and articulate risk levels in pursuit of business strategies and accountability for risks taken resonates with stakeholders when it comes to expressing confidence in an organization. This introductory level course exposes students to the basics of enterprise risk management (ERM) from a financial institution perspective. ERM topics covered include identifying, reporting and controlling risks, and the progress being made in the financial world when it comes to ERM.

Faculty: Elizabeth A. Cronenweth, AAP, CTP, SVP, ACH Segment Manager, Huntington National Bank