CompTIA
Checkpoint
ISC
HP
Dell
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
Certiport
ISC2
All Vendors
  2. Home
  3. Exams
  4. Banking
  5. CRCM

Free CRCM Exam Braindumps (page: 70)

Page 70 of 344
PDF with 463 Questions

When developing a training plan for commercial lenders, which of the following regulations is least important to include?

  1. Equal Credit Opportunity, FRS Regulation B
  2. Home Mortgage Disclosure, FRS Regulation C
  3. Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks, FRS Regulation O
  4. Truth in Lending Act, FRS Regulation Z

Answer(s): D



When developing a training plan for commercial lenders, which of the following regulations is least important to include?

  1. Equal Credit Opportunity, FRS Regulation B
  2. Home Mortgage Disclosure, FRS Regulation C
  3. Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks, FRS Regulation O
  4. Truth in Lending Act, FRS Regulation Z

Answer(s): D



A compliance professional is a member of the task force studying how the bank can reduce customer complaints about holding deposits. One proposed solution involves purchasing an expensive system that will reduce the number of holds placed by evaluating the customer's history and relationship with the bank. Which of the following roles is MOST important for the compliance professional on the task force?

  1. Developing training for tellers who will use the new system
  2. Setting parameters for what the system should review to determine the strength of the customer relationship
  3. Validating the system to ensure it complies with regulatory restrictions
  4. Conducting a cost-benefit analysis to determine if the system is the best solution

Answer(s): C



A compliance professional is a member of the task force studying how the bank can reduce customer complaints about holding deposits. One proposed solution involves purchasing an expensive system that will reduce the number of holds placed by evaluating the customer's history and relationship with the bank. Which of the following roles is MOST important for the compliance professional on the task force?

  1. Developing training for tellers who will use the new system
  2. Setting parameters for what the system should review to determine the strength of the customer relationship
  3. Validating the system to ensure it complies with regulatory restrictions
  4. Conducting a cost-benefit analysis to determine if the system is the best solution

Answer(s): C



Page 70 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
UNITED STATES
upvote

Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
BULGARIA
upvote

Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
upvote

Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
UNITED STATES
upvote