This is your ultimate FinTech Compliance Resource Management workshop designed to help FinTech founders, CEOs, MLROs, Heads of Compliance, CCOs, and other FinTech professionals build, expand, optimize their compliance teams, set relevant goals, assess performance and resolve most common organizational conflicts related to compliance responsibilities and division of labor.

The worst possible mistake one can make when asking for compliance resources is to claim that this expenditure "is mandatory". When your CEO or CFO hear that something is mandatory, they believe it's similar to paying taxes, which creates a strong tendency to minimise and delay the expense instead of considering possible benefits. We will teach you how to use the ROI method instead!

AGENDA:

When and how: recorded and instantly available

1. Compliance team size, reporting lines, and the most relevant KPIs for each stage of your FinTech. This will help you address or preempt a possible question about whether or not your team is already too big.
2. How to apply the ROI method to assess any new or existing compliance project.
3. How to make decisions and resolve organizational conflicts related to compliance recommendation (the most common examples: compliance cannot make decisions and escalates issues to the CEO or senior managers; or when compliance says "no" to new projects and senior management is frustrated)
4. Understand the real cost of compliance (including the cost of compliance tools, costs of onboarding and transaction monitoring, and cost of customer inactivity) and make plans on how to optimize it.
5. How to make decisions related to firing and hiring compliance team and external support.

BONUSES

(INSTANTLY AVAILABLE PRE-RECORDED TRAINING)

BONUS 1. Hiring and Managing Compliance Resources

Who do you hire and when is the right time?

• When to hire your first compliance employee and how to build your team from there
• The difference between compliance and legal
• Pros and Cons of using External Consultants and BIG 4 
• Hiring interns and part-time freelancers for compliance-related activities.
• Benchmarks and price ranges for banking fees, transactional fees, and compliance-related tools fees

Compliance Deliverables and KPIs 

• What compliance should deliver and be responsible for as a part of the following activities:
  • FinTech Licensing (with pricing estimates)
  • Relationships with regulators and auditors
  • Opening bank accounts and closing partnerships (with pricing benchmarks)
  • Product Development and Testing
  • Customer Support
  • Conflicts, disputes, complains

Typical organizational conflicts and how to deal with them

• Compliance vs Product and Engineering
• Scrutinizing and Approving Customers or Compliance vs Customer Support and User Experience
• Compliance vs Marketing
• Compliance vs Business Development and Sales

BONUS 2. Rise of the Business-Like CCO

This training will teach you how to transform your FinTech Compliance function from providing reports and analysis to delivering results that matter for your company, and how to demonstrate your value and gain authority within your organization. It focuses on how to prioritize time vs accuracy, how to differentiate between the risks and uncertainties now versus later, and the 3 main factors defining your success in FinTech compliance.

WHAT YOU WILL GET:

• FinTech Compliance Performance A-to-Z training and bonus training
• Course downloads:
  • Detailed Compliance Plan structure
  • KPIs to use for assessing your team's past performance and for future goal-settings
  • Step-by-step guide on how to prepare your budget requests for all important compliance projects
  • Decision matrix on whether to hire/keep/fire for any compliance role
  • Cost estimates and fee benchmarks for all key compliance-related expenditures
  • Interview questions to help you with hiring compliance expectations.

This offer is non-refundable as soon as you access it.

Logistics: After you have made the payment, you will be granted access to the password-protected area of the course portal where all recorded content and templates will be delivered to you. You will be prompted to create your login and password which you will need to access the program recordings at any time in the future.

Questions? – [email protected]

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