Risk Management Series: Developing a Risk-Based Compliance Audit for Your Loan Portfolio

Regular price $258.48 (tax included)

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Enforcement actions and civil money penalties for lending violations can be expensive! This program will address how to develop a dynamic, risk-based loan audit program that can prevent violations and protect your financial institution’s reputation. Learn which lending regulations apply, how to maximize limited time and resources, and how to implement effective corrective action. You will also learn how to use risk-assessment tools, develop a testing schedule, and determine the sample size for transaction testing. Critical elements for testing key lending regulations, writing audit reports, and many practical tips for a successful deposit compliance program will be covered.


  • What are the benefits of using a risk-based compliance audit program for lending?
  • How are loan audit risk assessments completed?
  • What are the current hot buttons in loan audits and fair lending?
  • Five steps for a successful risk-based audit program
  • How to determine the audit scope and frequency
  • What are the eight elements of an audit program?
  • What type of corrective action should be recommended in an audit report?

ABOUT THE PRESENTER – Susan Costonis, Compliance Consulting and Training for FIs

Susan Costonis is a compliance consultant and trainer who began her career in 1978.  She specializes in compliance management along with deposit and lending regulatory training. Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies. She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve. Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado. She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real life examples.

Originally recorded on April 12, 2017.

Recorded webinar link is available until December 31, 2017.

Free Digital Copy included with purchase to download and view beyond link expiration date.

Price includes sales tax.