Menu Toggle Search

FFIEC Requirements for a Remote Deposit Capture Risk Assessment

Sep 30 2:00 PM - Sep 30, 2020 3:30 PM
Sep 30, 2020 2:00 PM - 3:30 PM
Add event to: ICal Outlook Google Calendar

A remote deposit capture (RDC) program starts with a risk assessment. Easy to say, but do you know the components of an RDC risk assessment? What about the FFIEC requirements? What is senior management’s role? Learn the answers to these questions and more.

Learning Objectives

  • Plan an appropriate and FFIEC-compliant RDC risk-assessment approach
  • Identify potential risks in your RDC program
  • Assign internal controls to mitigate RDC program risks
  • Assess how to improve your RDC policy
  • Review and update RDC program procedures

An effective RDC program starts with an RDC risk assessment that complies with FFIEC requirements. Prior to implementation, senior management should identify and assess the associated legal, compliance, reputational, and operational risks. It’s important to ensure that RDC is compatible with the institution’s business strategies and to understand the return on investment. Management should incorporate RDC system assessments,including products and services, into existing risk assessment processes – and determine their ability to manage the risks.



Angi Farren, AAP, APRP, UMACHA

Angi Farren is the President and CEO of UMACHA. She has worked at a payments association for over a decade and has 16 years’ experience in the financial industry, primarily focused on ACH operations, product development, and risk management. Angi received the Accredited ACH Professional (AAP) designation in 2000 and the Accredited Payments Risk Professional (APRP) in 2018. She is active in industry work groups and committees to help enhance the existing U.S. payment systems, in addition to creating new faster payments education for industry stakeholders.




Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Operations