Dear FinTech fellows!

You heard it right – I’ve put together a brand new absolutely mind-blowing value-packed FinTech compliance workshop and it’s totally different compared to everything I’ve done before because we will not talk about laws and regulations at all, but we are actually going to talk about SAVING MONEY IN COMPLIANCE AND MANAGING COMPLIANCE BUDGET (because this is what my audience kept asking for).

During our time together, I’m going to offer you examples and discuss the pros and cons of how to plan and manage compliance budgets in 2021, where you can save, what alternatives you have and how to prioritize your limited resources.

I will show you how you can plan for uncertainties, decide between hiring full-time employees vs freelancers or external advisors, and (most importantly) – how to identify really important savings opportunities that you normally won’t even associate with compliance directly, namely:

• Losses due to inefficient onboarding flows, customer churn, and maintenance of inactive accounts
• Waiting time and idle capacities, lost marketing budgets due to timing uncertainty
• Lost marketing and compliance budgets when customers register and don’t transact
• Diverting engineering resources due to last-minute audit remediation requests

When: January 19th and January 20th, 2021 at 12:00 pm CET (about 1 hour each day)

Day 1: Hiring Compliance Resources – Who to Hire and When 

• Pros and Cons of using external consultants and BIG 4 for projects at various maturity stages
• When to hire your first compliance employee
• The difference between compliance and legal
• Hiring interns and part-time freelancers for compliance-related activities
• What to do during your first 30 days in any new compliance role – your compliance onboarding plan
• How much compliance should cost

Day 2: Evaluating Compliance Deliverables and Managing Organizational Conflicts

What compliance should deliver and be responsible for as a part of the following activities:

• FinTech Licensing
• Relationships with regulators and auditors
• Opening bank accounts and closing partnerships
• Product Developments and testing
• Customer Support interactions and managing conflicts, disputes, and complaints with or between customers

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

So, if you’d like to learn more about how to build and manage a lean and efficient compliance team, avoid the most common organizational slowdowns and act with clarity where it comes to hiring and managing compliance resources, you are welcome to join this FinTech Compliance workshop on January 19-20th, 2021.