• How to Conduct an ACH Risk Assessment and Develop an Effective Risk Management Program
  • How to Conduct an ACH Risk Assessment and Develop an Effective Risk Management Program

    • Speaker : Donna K Olheiser
    • Session Code : DOFEB2224
    • Date : 22nd February 2024
    • Time : This Event is Over and the Recorded Content is Available
    • Duration : 90 Mins


In today's digital payment landscape, Financial Institutions, Third-Party Service Providers (TPSPs), and Third-Party Senders (TPS) processing Automated Clearing House (ACH) transactions face a myriad of risks. These risks are inherent in the ACH Payment System, just as in any payment system, and include Operational, Credit, Compliance, Fraud, Return, and Reputational Risks. The Nacha Operating Rules mandate that financial institutions must not only assess but also manage all ACH risks by developing a comprehensive Risk Management program.


This webinar will delve into the specific risks faced by Originating Depository Financial Institutions (ODFIs) and Receiving Depository Financial Institutions (RDFIs) involved in originating, receiving, or processing ACH transactions. It's crucial to understand that the responsibility for ACH Risk awareness and management rests with the ODFI, even when these activities are outsourced. We will explore the ODFI Risk Management Requirements as outlined in the Nacha Operating Rules, focusing on key areas such as due diligence, exposure limits, auditing, and monitoring. Additionally, we will discuss how the type of Standard Entry Class (SEC) Code used by an Originator, TPSP, or TPS dictates specific risk management requirements and warranties.


The webinar also addresses the latest Nacha Operating Rules amendment for TPS and 'nested' TPS, requiring them to conduct their own ACH Risk Assessment. This update, effective since September 2022, underlines the evolving roles and responsibilities in ACH risk management.


Areas covered in this session:

  • Discover how the ACH Network functions (overview of ACH, how it works, with SDA (Same Day ACH functionality included))
  • Research and determine TPS (or nested TPS) existence and how to assess their ACH risk
  • Identify the Nacha Operating Rules to utilize when conducting an ACH Risk Assessment
  • Developing an effective ACH Risk Management Program using information provided
  • Define different types of ACH Risk and mitigation tips
  • List what’s needed for a successful ACH Risk Management Program
    • Importance of monitoring the entire ACH program on a consistent basis
    • Importance of Reporting details surrounding your ACH Program to the Board
  • Summarize details of NEW Nacha Operating Rules amendment for ACH Risk Assessments and the TPS (including the “nested” TPS)

Why should you attend?

This session is invaluable for network participants tasked with the crucial responsibility of conducting an ACH Risk Assessment and developing an effective Risk Management Program. Our expert trainer will outline the essential components of a successful ACH Risk Management Program, drawing from the detailed requirements set forth by the Nacha Operating Rules.

Participants will gain insights into key topics such as the formulation of robust ACH Policies, the significance of Board reporting regarding ACH programs, and the specific registration requirements for Third-Party Senders as per Nacha guidelines. Moreover, we will delve into the intricacies of the new Nacha Rule Amendment on 'TPS – Roles & Responsibilities', effective September 2022. This amendment brings to the fore the need for TPS and nested TPS to conduct a comprehensive Risk Assessment, highlighting the ever-evolving nature of ACH risk management.

Attend this webinar to ensure your organization is not only compliant with the latest Nacha regulations but also equipped with the knowledge to manage ACH risks effectively in this rapidly changing digital payment environment.


Who will benefit?


  • Banking and Financial Institution Executives
  • Compliance Officers
  • Risk Management Specialists
  • ACH Operations Staff
  • Internal Auditors
  • Treasury Management Professionals
  • Payment System Providers and Processors
  • Third-Party Service Providers (TPSPs)
  • Third-Party Senders (TPS)
  • Legal Counsel Specializing in Banking and Finance
  • Financial Technology (FinTech) Professionals
  • Payment Compliance Consultants
  • IT Security Professionals in Financial Sector
  • Financial Analysts and Consultants

Donna K Olheiser, AAP, is the vice president of Education Services and founder of Dynamic Mastership, LLC. She is an enthusiastic and energetic Certified Master Trainer with over 14 years’ experience. She has designed and facilitated over 150 training sessions each year with her expertise being the rules for companies and financial institutions when processing electronic (specifically ACH) payments, then scheduling the events to facilitate/deliver the material through a variety of venues (webinars, teleseminars, in-person workshops, including regional and national conferences). Ms. Olheiser is also an experienced project manager managing education programs for organizations processing electronic payments and developing personalized training programs for financial institutions.

She has over 23 years of experience in the financial services industry which includes 9 years’ experience as the education service director at a Regional Payments Association (RPA), where she managed and facilitated the entire education program for nearly 800 financial institution members. Prior to that, Ms. Olheiser spent 14 years in various departments with the Federal Reserve Bank of Minneapolis and also holds the Accredited ACH Professional (AAP) designation (achieved in 2004).

Her extensive knowledge, enthusiasm and passion for transferring payment processing knowledge using the adult learning theory is remarkable and has helped many payment professionals perform daily operational tasks including exception processing while remaining compliant with the NACHA Operating Rules. She uses scenarios and examples to bring the learning home, easy to comprehend and apply to real-life day-to-day ACH processing. Ms. Olheiser’s ability to engage the learner through the entire training event helps the adult learner apply what they’ve learned during and after each training session.

Write a review

Please login or register to review

Enrollment Options


Tags: ACH Risk, Compliance Webinar, Risk Assessment Training, Financial Risk Management, ACH Payment Compliance, Banking Sector Training, Nacha Rules Webinar, Risk Management Strategies, Payment System Security, Financial Regulations, Donna Olheiser, February 2024, Webinar