Pre Conference Workshop: 1:00 pm - 4:00 pm

Instructors:

Victor A. Smith
Senior Vice President & Division Manager
SUNTRUST BANK
Richmond, Virginia

Daniel Kirkland
Director of Examinations
Division of Banking Supervison & Regulation
BOARD OF GOVENORS OF THE FEDERAL RESERVE SYSTEM
Dallas, Texas

"Developing & Implementing a Fiduciary Compliance Program"

This workshop is designed to assist you in developing new ideas and processes that will allow you to meet the challenges and fast-paced changes we are experiencing in the Fiduciary and Asset Management lines of business.

The once predictable business of Trust and Fiduciary services has evolved and grown into an everincreasing component of your bank's bottom line. Assisting your management with controlling and understanding the associated risks that rapid growth may expose your organization to is a critical element of your responsibility. The challenge to Fiduciary Risk Managers and Internal Auditors is to stay abreast of these changes and to understand both the risks and rewards that expanding these services can bring to your organization.

In this workshop we will address the following topics (and many more) and proffer ideas and practical suggestions to assist you in tailoring a Fiduciary Compliance program to fit the needs of your respective organization.
  • Discussing and understanding management's system of Internal control ... "the first line of defense."
  • Reviewing your Fiduciary Committee structure for managing the regulatory elements of your accounts ... and to convey the constant message of "Risk Management."
  • Reviewing Regulation 9 ... ideas for a change in the process.
  • Understanding your customer's expectations ... a shift in the paradigm.
  • Implementing an organizational approach to address each business line's Risk Management elements.
  • Understanding source points for Line of Business income ... partnerships with third parties.
  • Understanding and managing your third party providers ... what is your role?
  • Developing a culture of "awareness" ... the daily application and practice of the principles of Risk Management.
  • The effectiveness of your ongoing training programs. a
Early Conference Registration: 4:30 pm - 6:00 pm