National Check Professional (NCP) Certification Practice Test 2025 - Free NCP Exam Practice Questions and Study Guide

Legal and compliance risks are a critical component of the categories addressed in Remote Deposit Capture (RDC) Risk Assessment. This type of risk encompasses concerns related to adherence to laws and regulations governing financial transactions, such as the Check 21 Act and regulations from the Office of the Comptroller of the Currency (OCC).

In the context of RDC, where checks are scanned and deposited electronically, it is crucial for organizations to ensure that their methods comply with relevant legal standards to avoid penalties, fines, or reputational damage. This encompasses a variety of aspects, including proper handling of customer data, ensuring checks are not fraudulent, and following guidelines for electronic funds transfer.

The other options presented—employee engagement risks, market volatility risks, and customer satisfaction risks—are not typically central to RDC-specific risk assessments. While they may be important in broader organizational risk management, they do not directly address the implications specifically inherent to remote deposit capture practices.