SPRINGFIELD, Ill., April 18, 2011 /PRNewswire-USNewswire/ -- Elizabeth M. Snyder, CRCM, will join the Illinois Bankers Association (IBA) as Senior Vice President, Compliance and Risk Management, effective May 2. In her new role, Snyder will provide regulatory compliance and enterprise-wide risk management guidance to IBA member institutions. In addition, she will be responsible for managing the IBA's extensive Compliance Division, including the association's Compliance Advisory Committee.  She will be based in the IBA's Chicago office.

Snyder previously served as Executive Vice President of Risk and Compliance Management for Leaders Bank in Oak Brook, Ill., where she had worked since January 2000. As a compliance professional with over 20 years of banking experience, she thoroughly understands the scope of business risks and the compliance process required of the banking industry. She is an active participant in the compliance community and has served as the chair of the American Bankers Association's Compliance Administrative Committee. Snyder is a frequent speaker for national and state bank trade associations throughout the country, presenting topics ranging from compliance and risk management to consumer lending and customer service.

Snyder became a Certified Regulatory Compliance Manager (CRCM) in 2007. She graduated from the ABA Graduate School of Compliance Management in 2006, the ABA National Compliance School in 2005, and the BAI Graduate School of Banking, Retail Management in 1996. Snyder is a graduate of Elmhurst College, with a Bachelor of Science degree in Business Administration.

"Elizabeth is a nationally-known expert in the area of banking compliance and risk management, and we are thrilled to have her join our IBA team. Not only will she be able to help guide Illinois banks through the myriad rules and regulations that are being imposed on our industry today, but she also will provide expertise in training others in implementing and managing their organizations' compliance and enterprise-wide risk management programs," said Linda Koch, IBA president and CEO.  "Her extensive knowledge of the banking industry and her regulatory expertise will be invaluable to IBA members as our industry continues to be challenged by increasing rules and regulations."

The Illinois Bankers Association is a full-service trade association dedicated to creating a positive business climate that benefits the entire banking industry and the communities they serve. Founded in 1891, the IBA brings together state and national banks, savings banks, and savings and loan associations of all sizes in Illinois. Collectively, the IBA represents nearly 90 percent of the assets of the Illinois banking industry, which employs more than 100,000 men and women in over 5,000 offices across the state.

SOURCE Illinois Bankers Association