This full-day session will provide an overview of the reasonable procedures examiners should expect to be in place to meet both current FCRA and upcoming FACTA 312 audit requirements. It will explore the reasons for the new FACTA 312 regulation,” examine the events that sparked the new regulation and its requirements, and introduces the types of data audit and testing techniques that are required by both FCRA and FACTA 312 and why.
Attendees will receive a step-by-step guide for developing your mandatory FCRA and FACTA 312 compliance program. Attendees will obtain detailed strategies for meeting reasonable procedures and examiner expectations for evaluating the accuracy and integrity of the information your credit union places on members’ credit files.
Benefit from the instructor’s hands-on experience managing credit bureau reporting programs at one of the country’s largest financial institutions and walk away with detailed practical strategies for the compliance evaluations required to test and monitor the accuracy of your credit reporting.
Jennifer Maisano is President and CEO of Credit Bureau Strategy Consulting, LLC. She has more than 20 years of experience in Credit Risk and Fraud Risk Management, including managing Credit Bureau Strategy and Reporting for Citigroup’s consumer finance division. Her credit reporting risk accomplishments include mitigating over $22 billion in potential FCRA fines for credit reporting violations for one major lender.
Credit union professionals and senior management with responsibility for compliance or audit programs, credit bureau reporting, member data management, disputes or systems implementation of compliance programs/compliance analytics.
April 20th, 2010 9:00 AM – 4:00 PM