Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
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On September 1, 2021, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule to amend Regulation B by implementing the requirements of section 1071 of the Dodd-Frank Act. This long-anticipated rule is going to be one of the most significant regulatory changes of the decade for many financial institutions. Imagine implementing a HMDA program from scratch. Well, that is exactly what is going to happen with this proposal: it is basically going to be a HMDA for commercial loans. While the 1071 amendments to Regulation B are currently only a proposed rule, the significance of this future final rule is so massive, that it’s not too early to start planning for this significant change.
This program takes a deep dive into change management and leadership skills that can be used to help implement the 1071 rule. While this program is specifically designed with the 1071 rule in mind, we also recognize that many of the skills and tips included in this program would benefit compliance and other banking professionals when they are responsible for implementing something new within their financial institution.
While most of our classes are designed to take a deep dive into a rule or regulation, it is important to understand that this program is a little different from our other compliance-focused classes: this truly is a class on leadership and change management skills for compliance and risk-management professionals. In this program, our instructor pulls from both his two decades of working as a compliance professional as well as industry best practices in change management to deliver practical strategies for leading a change like the implementation of the 1071 rule.
Specifically, this class begins with an introduction to change management where we discuss a couple of stories relating to change and even discuss a useful formula that can be used to predict the effectiveness of a change initiative. After this, our program covers a very brief overview of the 1071 proposal. Again, this is not a deep dive into the 1071 rule, but rather a brief overview of the proposal so that there is context of what change managers will be facing when implementing the 1071 rule. Next, our program continues with a higher level discussion on a couple of change management frameworks on how change can be implemented within an organization and a compliance management system. After that, our program shifts to a hands on, practical application approach where we provide seven leadership skills that may be useful in implementing the 1071 rule. Finally, this program concludes with several steps that could be taken now if someone is wanting to get started on implementing the 1071 rule before it is even finalized.
This program is designed for that person or team who's going to be responsible for implementing the change of the 1071 rule in your organization. So this program might be good for one person who's the the change champion or the change leader, but it might also be good for the entire change team who has to be responsible for implementing the 1071 rules.
Regular: $329
ADD ON: Get the class “+ Unlimited Employees” for just $129 more ($458 total). Add a private portal for anyone in your organization to view this program for an additional $129. Access is still available for 60 days, so those in your organization must view the program during your 60 day access window. Limit of 5 total Certificates of Attendance, though anyone in your organization can view the program through the portal we set up.
Demo Available: If you would like to demo this class before you purchase it to make sure it's what you are looking for, just let us know and we can set you up with preview access.
The total teaching time of this program is 1 hour 47 minutes and is divided into 6 videos, including a welcome video..
Welcome and Overview
Introduction to Change Leadership Skills
Summary of 1071 Proposal - Leadership Skills Class
Frameworks for Leading Change
Leadership Skills for 1071 Implementation
Steps for Starting Implementation Now
““The videos are very informative, Adam is a great teacher and funny too, and the manuals are awesome!””
““The information is always something that is usable. I have found that I have learned something new almost every time. They are ore enjoyable than sitting in a classroom and more cost effective because you do not have to drive somewhere for the training.””
““This is a great reliable resource, not your typical hum drum boring compliance training. Adam finds a way to make it engaging!””
““Adam does a great job of conveying the quarterly changes and activity in his quarterly updates. Great information and the material is available for printing and future use.””
““The presentation method was great and the comprehensive manual that came with the class was a good add on!””
This Compliance Class can be completed without leaving your office and provides you with everything you need to know about what compliance related activity took place during the prior quarter.
The class includes the following:
A comprehensive manual
A “virtual classroom” instructional video
60-day access to the class
Certificate of completion (1 per registration - available upon request)
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. This is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. We have found that this "3-E" approach allow students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
Certificates of completion are available upon request. One certificate is available per registration.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep.
We believe in our training products so much that we are offering a 100% money back guarantee within the first 10 business days after purchase. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
