The ACH Risk Assessment Workbook is designed to assist Financial Institutions (FI), both RDFIs and ODFIs, in addressing its ACH risk. Content of the Workbook includes risk obligations as defined in the OCC Bulletin 2006- 39-ACH Risk Management Guidance and the FFIEC Retail Payment Systems IT Examination Handbook and current Nacha Rules. By answering Yes, No or Not Applicable, this workbook will identify strengths and weaknesses in your existing ACH risk management program. Individual chapters address System and Controls, Credit Risk, High-Risk Activities, Compliance Risk, Third-Party Service Providers and Nacha Risk Management, Operational and Transaction Risk, and Information Technology Risk.

EPCOR's ACH Risk Assessment Workbook guides you in evaluating the FI's ACH risks by asking thought provoking questions about its current ACH policies, procedures and processes. User-friendly worksheet questions are easily answered and include room for comments, to assist in developing a comprehensive ACH risk management program for your FI. Compliance officers, audit personnel and operations staff will find the Workbook a valuable tool.

Date Published: Q1 2024
Update Cycle: Annual
Format: Web Based
Audience: Audit, Compliance, Risk Management
Delivery Method: Email
Item Number: 662
Access Term Period: End of Purchase Year