Agenda

Topics

• Auditing the Lending Function
• Overview of the Lending Function
• Analysis of Lending Sub-Processes
• Internal Audit Objectives and Procedures:
  • Commercial, Consumer, Real Estate, Credit Card
  • Allowance for Credit Losses
  • Letters of Credit
  • Default Management
• Auditing Mortgage Banking Functions
• Overview of the Mortgage Lending and Servicing Functions
• Internal audit objectives and procedures related to:
  • Loan Application Sourcing
  • Loan Origination, Underwriting, and Approval.
  • Loan Closing and Funding
  • Loan Boarding
  • Servicing
  • Policy and Procedures
  • System Access
• Auditing Third-Party Risk Management
• Overview of the Third-Party Risk Management Functions
• Internal audit objectives and procedures related to:
  • Initial Due Diligence and Third-Party Selection
  • Ongoing Due Diligence
  • Vendor Termination
  • Governance and Oversight
• Ethics per the 2024 IIA Global Internal Audit Standards
• Overview
• Principle 1 Demonstrate Integrity
• Principle 2 Maintain Objectivity
• Principle 3 Demonstrate Competency
• Principle 4 Exercise Due Professional Care
• Principle 5 Maintain Confidentiality
• Data Analytics and Data Governance
• Compliance Hot Topics

Speaker(s)

Nancy Kwak is a Senior Manager within Crowe’s Consulting practice. She is responsible for managing outsource and co-sourced internal audits, regulatory compliance (primarily 12CFR9), and Sarbanes-Oxley (SOx) & FDICIA Compliance for financial institutions located nationwide. ?Nancy has focused on serving the banking and financial services industries. She has broad experience of Bank Operations and has worked extensively with financial institutions to provide risk assessments an oversee the scoping, planning, and delivery of fieldwork and reporting of audit results. Nancy devotes a significant portion of her time specializing in Wealth Management – Trust Administration and Operation audits, and SSAE18 (SOC-1) attestations and spends a significant amount of time providing Trust/Fiduciary consulting services to Bank Wealth Management Departments and Trust Companies nationwide.

Marc Calvey is a Manager working with Crowe LLP specifically serving financial services companies within the Consulting Group and is responsible for risk assessments and internal audit projects. During his career, Marc has spent the majority of his time focusing on the banking/financial service sector. Overseeing the auditing of internal controls; providing value added recommendations for identified deficiencies and identifying potential “best practice” business improvement opportunities. Marc helped his clients implement FDICIA/SOx control frameworks and assisted in performing related activities such as key control testing and evaluation of control design and operating effectiveness. He also performs technical rereviews over a variety of activities including Asset Liability Management, Electronic Banking, and Allowance for Credit Losses functions within financial institutions.

Fees

The following fees include the program, training materials, continental breakfast, lunch and refreshments.

 Indiana Bankers Association & Illinois Bankers Association Members:

 $595  per person

Virtual Option:

$595 per person

Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates.

location

This seminar will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd. Suite 155E, Indianapolis, IN 46240. Directions, map & a list of local hotels are available at www.indiana.bank or by calling 317-387-9380.

Association Contact