Best-in-Class Risk Assessments for Enhanced Due Diligence Businesses

For nearly a decade, Green Check has worked alongside the financial institutions banking some of the most complex businesses in the country. That experience has given us a front-row view of how the best compliance and risk teams run EDD risk assessments (enhanced due diligence) on cannabis operators, money services businesses, cash-intensive businesses, gaming and nonprofits. One thing is clear: no two programs look alike. Each institution shapes its approach around its own needs and risk tolerance, but the strongest programs share common practices that make their risk assessments efficient, defensible and meaningful to the organization. In this session, we’ll share what those programs have in common and how you can apply it to your own.

Agenda

1. The state of specialty and high-risk banking
   Where the market stands today and what’s driving more institutions to serve EDD businesses.
2. What examiners are looking for when evaluating your program
   The documentation, rationale and consistency that hold up under exam scrutiny.
3. Different approaches from best-in-class programs
   How leading teams tailor their risk assessments to their institution’s size, strategy and risk appetite.
4. How to improve your processes for more accuracy, visibility and efficiency
   Practical steps to reduce manual work, close data gaps and get a clearer view of risk across your portfolio.
5. A look at an optimized risk assessment process
   A walkthrough of what a streamlined, defensible risk assessment looks like in practice.
6. Q&A

Key Takeaways

• Why there’s no one-size-fits-all risk assessment, and the common practices that set strong programs apart
• What examiners expect to see in your EDD risk assessments
• Concrete ways to make your process more accurate, visible and efficient

Who Should Attend

Risk and compliance professionals at U.S. banks and credit unions who are already serving high-risk businesses and want to strengthen their process, as well as those exploring what it takes to bank these businesses well.