Compliance Officers: Meeting the Challenge
Compliance officers have a lot of responsibilities, and we like to point out that “compliance officers don’t DO compliance, they MANAGE compliance”. That’s an important distinction. Compliance officers should be a conduit of information and manage compliance in a way that is in line with the institution’s Board of Directors, who are ultimately responsible. Loan officers, tellers, customer service reps, etc., are the ones that should be tasked with “doing” compliance. The compliance officer, on the other hand, must ensure they have the information they need and that things are operating as anticipated. This can be a challenge though, because there is no recipe or set formula as to the “right” way to manage compliance.
David explains more in the video.
2025/10/11
David Dickinson
David’s banking career began as a field examiner for the FDIC in 1990. He later became a Compliance Officer and Loan Officer for a small bank. In 1993, he established Banker’s Compliance Consulting. Along with his amazingly talented Team, he has written numerous compliance articles for prestigious banking publications and has developed compliance seminars that Banker’s Compliance Consulting produces.
He is an expert in compliance regulations. He is also a motivational speaker and innovative educator. His quick wit and sense of humor transforms the usually tiring topic of compliance into an enjoyable educational experience. David is on the faculty of the American Bankers Association National Compliance Schools and has served on the faculty of the Center for Financial Training for many years. He also is a frequent speaker at the ABA’s Regulatory Compliance Conference. He is also a trainer for hundreds of webinars, is a Certified Regulatory Compliance Manager (CRCM) and has been a BankersOnline Guru for many years. The American Bankers Association honored David with their Distinguished Service Award in 2016.
David and his wife Karen have three adult children, four grandchildren (none of whom live at home!) and two cats (of which Dave is allergic … the cats, not the children!). They recently moved to an acreage outside of Lincoln, Nebraska where he gets to play with his tractor. When possible David can be found fishing, making sawdust in his shop, or playing the guitar and piano. He also enjoys leading worship at his church.