ACH Risk Assessment: Who’s Responsible?

Webinar

Recorded April 19, 2018
Recorded access is valid until Dec. 31, 2018
*All recording purchases are final

The NACHA Operating Rules require all Originating Depository Financial Institutions (ODFI) and Third-Party Senders – those who assume the responsibilities of an ODFI – to conduct a risk assessment of their ACH activities and to implement risk management programs based on the results of the assessment. A strong risk management program begins with clearly defined objectives, a well-developed business strategy and clear risk parameters.
 
You can’t miss this webinar. Expert speakers guide you on how to develop a new risk management strategy or fine-tune the one you already have, helping you to remain in compliance with the Rules and protect your organization from fraudulent activities.
 
In this webinar, you will learn:

  • How to assess the nature of the risks associated with ACH activity;
  • What to look for when performing appropriate Know-Your-Customer (KYC) due diligence procedures; 
  • How to establish controls for Originators, Third-Party Sender and Direct Access relationships; and
  • What you need to maintain adequate management, information and reporting systems to monitor and mitigate risk.

Speakers:

Elizabeth A. Cronenweth, AAP, CTP
Senior Vice President, ACH Segment Manager, Huntington National Bank
 
George McKee
President & Chief Executive Officer, MACH 1 by Profit Engine, LLC
 
Karen E. Sylvester, AAP, CRCM, NCP
Director, Regulatory Compliance, EPCOR
 
Moderator:
Jeanette A. Fox, AAP
Senior Director, Risk Investigations & Research, NACHA - The Electronic Payments Association

This event qualifies for AAP Credit.

Cost:

AAP: $250 | DFI: $225 | Member: $275 | Nonmember: $360

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