Description:
Complaint management focuses on resolving customer grievances, identifying areas of improvement, and developing better products or services. It is an essential component of your Compliance Management System (CMS) and is handled by your customer service operations. For this reason, your employees are vital, as addressing customer complaints about products or customer service can be tricky for even the most seasoned employees. The training these employees receive is imperative for the success of both your customer support and customer service departments.
A strong complaints program is not only a means to gather valuable customer insight, but it helps your institution understand risk and make improvements. This should not only lead to strong programs, and protection from reputation risk and regulatory fines, but also increased profitability, and increased customer satisfaction.
You’ll come away from this session understanding:
- Timing
- Staffing
- Training Resources
- 7 Key Components to a Successful Complaint Management Program
- Policies and Procedures
- Clear Channels of Communication
- Investigation Process – including how the institution records the complaint
- Written Response
- Corrective Action
- Tracking, Trending, Analyzing, and Retaining Data
- Employee Education
WHO SHOULD ATTEND
This session has been designed for frontline staff, customer contact employees, the board of directors, senior management, and risk management, as well as compliance and audit personnel.
Reminder: Your registration includes a playback of the class, which is available after the session concludes.
Presenters:
Kimberly Boatwright
Kimberly Boatwright is EVP and Director of Risk and Compliance at Compliance Resource, LLC and has more than a two decades of experience working in the financial services industry. Ms. Boatwright is a well-regarded financial industry risk and compliance professional with a strong background in program development and implementation. She is a thought leader who specializes in Fair Lending, Anti-Money Laundering, OFAC and consumer compliance. During her career she has worked for and consulted with all types of financial institutions helping to establish and evolve compliance and risk programs. She is a frequent public speaker, trainer, and author on compliance and risk management topics. Kimberly is a Certified Regulatory Compliance Manager and a Certified Anti-Money Laundering Specialist.
August 6, 2024