Auditing Mortgage Banking Functions
- overview of the mortgage lending, secondary marketing and servicing functions
- analysis of mortgage lending, secondary marketing and servicing sub-processes
- mortgage lending, secondary marketing and servicing internal audit objectives
- mortgage lending, secondary marketing and servicing internal audit procedures
- mortgage fraud
- fraud statistics
- fraud schemes
- fraud prevention
Ethics per the IIA Standards
- discuss code of ethics — principles
- discuss applicable standards as they relate to the ethical application of the internal audit profession
- 1010 – recognizing mandatory guidance in the internal audit charter
- 1100–1130 – independence and objectivity standards
- 1200–1230 – proficiency and due professional care standards
Auditing Asset/Liability Management
- interest rate risk (IRR) management administration
- IRR management operations
Who Should Attend
internal auditors, compliance officers, senior management and any officer in the bank responsible for deposit operations, corporate governance or electronic funds
About the Instructors
Matthew G. Davis, CIA, is a senior manager in Crowe, LLP’s Financial Institution Consulting practice. He is responsible for managing internal audit engagements; overseeing the design and testing of SOX and FDICIA control environments, facilitating enterprise risk management projects, leading data analysis projects and continuous data monitoring, as well as providing assistance and guidance to clients on a wide range of risk-related issues. His thought leadership developments have ranged from topics relating to third-party risk management to recommendations regarding the COSO 2013 release. His client experience ranges from small de novo banks to large multibillion asset sized financial institutions.
Before joining Crowe, Matthew was a consultant at a Fortune 50 company designing controls in a complex IT environment. Matthew holds a bachelors of science degree in management with a concentration in finance from Purdue University. He is a certified internal auditor and trained in Lean Six Sigma.
E. Michael Thomas, CPA, CIA, CBA, CFE, CRP, CFF, CRMA, is a partner in Crowe LLP’s Financial Institution Risk Consulting practice in the southeastern United States. He has more than 40 years of broad-based experience specializing in the financial services industry. Mike’s responsibilities include advising clients in areas such as risk management, fraud prevention and quality assurance assessments. In addition, he coordinates contract services internal audit, information technology audit, loan review and compliance outsourcing at financial institutions, as well as working with clients to re-engineer their internal audit, risk management and fraud prevention functions. Before joining Crowe LLP, Mike was an internal audit services director for PricewaterhouseCoopers LLP and served as vice president and audit group manager for SunTrust Banks, Inc., a $200 billion bank holding company.
Mike is a frequent lecturer on internal audit, risk management, fraud prevention and banking-related topics. He is a distinguished faculty member of the Institute of Internal Auditors, an adjunct faculty member of the Association of Certified Fraud Examiners and has been an instructor for the Bank Administration Institute, the Financial Manager’s Society, the Credit Union National Association, the America Bankers Association and the Georgia, Alabama, Louisiana, Tennessee, Missouri and Florida bankers associations. Mike is a member of the Institute of Internal Auditors, the Association of Certified Fraud Examiners, the American Institute of Certified Public Accountants (including the Georgia Society) and the Bank Administration Institute.
Mike holds a BBA degree in accounting from Columbus State University and is a graduate of the Bank Administration Institute’s School for Bank Administration (Internal Audit Management). He is a certified public accountant, certified internal auditor, certified bank auditor, certified fraud examiner and certified risk professional. He is certified in financial forensics and has a certification in risk management assurance.
Crowe LLP is a public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries worldwide.
The Missouri Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www. nasbaregistry.org.
Program Objectives – The Missouri Bankers Association is pleased to offer a seminar specifically targeted for internal audit, compliance and risk personnel in your financial institution. The purpose of the seminar is to share tools and techniques intended to help internal audit and related professionals respond to the constant changes and challenges in the banking industry. This seminar incorporates practical audit strategies, best practices and case studies while also providing valuable reference materials.
Specialized Knowledge – 6 credits
Instructional delivery method: Group Live presented online due to COVID-19
For More Information
Contact the MBA Education Department at 573-636-8151 or email.