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Managing Your Mobile RDC Program

Dec 06 2:00 PM - Dec 06, 2022 3:00 PM
Dec 06, 2022 2:00 PM - 3:00 PM
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It’s not just about making deposits from afar – although that is a great accountholder benefit. Managing your mobile remote deposit capture (RDC) program is multifaceted. Do you know the risks involved? How are those risks woven into your institution’s existing risk assessment program? What about the compliance requirements? Is it time to take another look?

Learning Objectives

  • Plan an appropriate remote deposit capture (RDC) risk assessment approach
  • Identify potential risks within your RDC program
  • Assign internal controls to mitigate your RDC risks
  • Assess next steps to improve your RDC policy
  • Review and update your RDC program procedures

Remote deposit capture allows end users to make deposits safely without entering the branch. An effective RDC program starts with an RDC risk assessment. Prior to implementing RDC, senior management should identify and assess the associated legal, compliance, reputational, and operational risks. They should ensure that RDC is compatible with the institution’s business strategies, understand the return on investment, and weigh management’s ability to manage RDC’s inherent risks. Management’s evaluations of RDC systems, including products and services, should be incorporated into existing risk assessment processes.

Agenda

Speakers

Kimberly Ellis, UMACHA

Kimberly Ellis is the Director of Education Services for UMACHA where she provides training and support for financial institutions in the areas of payments & risk management. She graduated from Western Illinois University with a Bachelor of Arts degree in Economics. She holds the Accredited ACH Professional (AAP), and Accredited Payments Risk Professional (APRP). She spent 17 years working in community banks in Southeast Iowa before joining UMACHA in 2020. She has experience working with deposit operations & compliance, risk management, and support for corporate ACH originators.

Location

Fees

$259.00 

Live and recorded webinar, handouts, quiz with answer key and training log are included.

Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

Webinar

Topics Covered

  • Executive Management
  • Operations
  • Live Webinars
  • Compliance