We are an OCC regulated Bank with nearly $450 million in assets. I have recently been assigned the responsibilities of heading up the compliance department. I was wondering if regulators will look for a compliance risk-based schedule for the compliance department, much as the internal audit department.

Would anyone be willing to share their compliance schedule? I did a search of all posts and didn't come up with anything. Any help will be greatly appreciated.

I can't share my schedule, but I can share some building blocks.

Start with any annual (or other) training sessions like BSA and all regulatory required deadlines like CRA Public File Update. Next look at the past audits and exams. If you find any deficiencies, you should add these areas into your schedule. From there, it will be working things in as allowed by time.

It can take a while to get the calendar to flow well and working with the audit department can be beneficial. Good luck.

I'll send you my compliance calendar that lists reports due,training to be conducted, etc.

You may also get some ideas from here. And think "work forward". That is, look ahead on your audit schedule and get training done a few months ahead of an audit. Make your file sample include a selection of items pre- and post- training. This will help you determine the effectiveness of your training and any areas you need to revisit.

Consider your risk assessment, where are you most vulnerable, deposits, loans, what areas of each based on your transaction volume, where are the penalties the greatest, etc. Also, call your examiner, introduce yourself and your new title AFTER looking at the last one or two exam reports. Ask them what they think of your plan and adjust accordingly.