Managing risks and compliance topics
Emerging Risks Outlook
Keeping ahead of the complex array of ever-changing risks, compliance issues and industry regulations that are impacting credit unions requires keen awareness, effective preparation and loss control scrutiny. When risk management is effective, typically nothing bad happens. But, if you're blindsided by a problem, your credit union's reputation takes the hit. Don't let not knowing which emerging risks are around the corner take the blame. While each credit union has its own unique risk footprint, this Emerging Risks Outlook introduces risks and trends that should be on your radar.
Growing your loan portfolio safely
Credit union growth strategies typically include loan growth — consumer, real estate, business lending, indirect and digital channels. To optimize these lending growth initiatives, you must navigate the lending landscape by understanding the make-up and opportunities of member engagement, benefits of data analytics and managing risk related to compliance, fraud and internal lending controls. This session introduces these unique components of risk and compliance while helping you efficiently and safely identify future lending opportunities.
Employment practice risk trends
When credit unions hire employees, as the employer, you have some responsibilities to that employee and to all future employees. However, new laws and responsibilities have made it clear that treating all employees fairly and equitably without creating additional credit union risk is important. This session will examine the risks, rights and obligations of employers and employees — in addition to highlighting how well-constructed foundational talent components should be in place. It is critical that your HR professionals and managers understand that company culture and reputation play a significant role in worker attrition.
Workplace and employee safety
As an employer, you have a responsibility to help keep employees safe on the job and to create a safe workplace for everyone. Workplace and employee safety mean so many things. However, like any industry, credit unions are not immune to accidents and incidents that can disrupt operations, harm employees and impact members/visitors, such as:
- Robbery
- Active shooter
- Kidnapping and extortion
- Bomb threats
- Social movement
- Employee, member and visitor behavior
- Slips, trips and falls