Training New Hires
Training is a cornerstone of an effective compliance management system. If your employees don’t know what to do or how to do their job, it’s inevitable that you are going to have compliance violations and problems with your examiners. Banking isn’t easy; however, there is a lot to know, a lot you can mess up and things always seem to be changing. Thus, ongoing training is essential for all your employees but critical for new hires. Financial institutions should have some sort of onboarding process for new hires that ensures they get necessary training. How new hire training is conducted and the timing of that training might look different from institution to institution but you should have a plan.
David explains more in the video.
Published
2024/09/30
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.