Description:
This essential session is designed for financial institutions, third-party service providers, and payment processors to navigate the complexities of the annual ACH audit process as mandated by the Nacha Operating Rules and Guidelines.
Each year, changes in Nacha Operating Rules impact your annual ACH Rules Compliance Audit. This 90-minute session will guide you through the updated requirements for 2024, providing a step-by-step approach to ensure thorough and accurate audits. You’ll learn how to effectively assess ACH processes, identify compliance gaps, and apply the latest rules to your audit practices.
Why Should You Attend?
An effective ACH Rules Compliance Audit is crucial for maintaining regulatory compliance and operational efficiency. This webinar will equip you with the knowledge to:
- Accurately conduct your annual ACH audit.
- Identify key compliance checks and report assessments.
- Utilize tools and guidelines from the Nacha Operating Rules to enhance your audit process.
Our expert trainer will offer practical tips and detailed instructions, ensuring you understand what to test and how to interpret the results for a successful audit.
Areas Covered:
- Identification of required participants for the annual ACH Rules Compliance Audit.
- Definition and understanding of general audit requirements.
- Utilization of Nacha Operating Guidelines tools, including those for Third-Party Senders (TPS) and Third-Party Service Providers (TPSP).
- Flexible audit processes for various participants, including ODFI, RDFI, TPSP, and TPS.
- Effective strategies for ensuring compliance with ACH activities.
- Recommended audit areas for a comprehensive review.
Who Should Attend:
This session is ideal for financial institution professionals, banking operations managers, compliance and risk professionals, treasury management experts, and anyone involved in ACH processing or auditing.
- ACH Operations Staff
- Compliance Officers
- Treasury Professionals
- Third-Party Payment Processors
- Third-Party Senders
- ACH Managers
- Electronic Payments Professionals
- ACH Auditors (Internal and External)
Join us to ensure your organization is prepared for a successful 2024 ACH audit.
Presenters:
Donna Olheiser, AAP
Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience. She has over 23 years of experience in the financial services industry which includes 9 years’ experience as the education service director at a Regional Payments Association (RPA), where she managed and facilitated the entire education program for nearly 800 financial institution members. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004). Her extensive knowledge, enthusiasm, and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, easy to comprehend and apply to real-life day-to-day ACH
November 26, 2024