AFSA stands for American Financial Service Association. AFSA diligently “ helps member companies stay on top of federal regulatory compliance requirements and adjust to the “new normal”, e.g. evolving regulatory change, constant enforcement of new and current regulatory requirements, and increasing regulatory focus on an institution’s compliance management model.” One of the main reasons my company chose to go with AFSA is because it is like a rotating door. AFSA keeps us up-to-date on all new laws pertaining to the auto loan finance industry. Axa also allows management to go ahead and assign different learning manuals to each employee. Recently a lot of our employees needed training on excel. AFSA allows management to go in and assign training tools to assist the employees. AFSA only offer training on new laws and updates in the finance industry. They also offer simple learning tools, such as the Excel training guide. The company I currently work for have several different departments. AFSA has different learning manuals tailored to that department. At the beginning of every month almost every employee whirl receive notification that there’s new training material. AFSA was it a completion date and generally into you complete the test you will receive notifications that a training manual is waiting for you to complete. Sometimes it's test that we may have taken the year before, and is more of like a …show more content…
It’s sort of like a chain of command tree. The human resource department and the owner works together to find out what training manuals will be available for the company as a whole. Once that is done the directors and managers of the departments will decide what their employees need to be trained on. From there they will assign different training material for different dates. The supervisor of the employee is also assigned training manuals as well from the directors and managers. The supervisors also have to continue their education using AFSA. So does the CEO, the directors, and managers. Some of the thing they learn is different from what the actual employee learns. Upper management often train on how to react to different situations. They also train on how to be good leaders. I think one of the best aspects about the training system is that it allows different employees to learn from different levels. All employees have access to the system. However, only upper management such as the CEO, human resources, directors, and managers can maintain the system, and decide what will and will not be trained