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BSA/AML Update for Compliance Officers
Ken Agle

An information-focused training session on BSA/AML compliance for compliance personnel that focuses on achieving knowledge, tools and support.

Price: $299.00

Venue

This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.
BSA Update Compliance Officers

As BSA/AML evolves so must knowledge if one is to remain capable of meeting shifting regulatory challenges. The evolution of BSA/AML includes a wide arrange of factors from typologies, to transactional systems, to monitoring advances and so on. Failure to meet those challenges continues to impact organizations even those that do not face regulatory penalties for noncompliance. Beyond the requirement for annual training for all relevant personnel is the need for that training to be customized and sufficient to give attendees insights into their assigned areas. Today’s compliance officer is perhaps the most challenging position in a financial institution. The complexities of orchestrating the interface and interactions between departments and the board and senior management require deft handling and present daunting and expanding requirements. The keys to successfully managing or overseeing BSA/AML responsibilities in this complex environment remain knowledge, tools and strong support within the organization. This webinar is about gaining that knowledge and tools to provide support in one of the most important regulations in regulatory compliance—BSA.

This webinar focuses on integrating knowledge, tools, and support into a presentation that allows the attendee to effectively enhance their financial institution’s compliance program. The webinar focuses on evolving aspects of the BSA/AML elements that should be understood for any program to be successful as well as present an analysis of the key tools that must be present in BSA/AML programs. These will include risk rating tools, CIP/CDD/EDD tools, AML detection/monitoring systems, and reporting systems. The session further focuses on how support is achieved for the BSA efforts within the organization including understanding the role of a BSA risk assessment tool, a CIP/CDD/EDD analytical tool, BSA/AML system validation worksheet, and analysis program.

WHAT YOU'LL LEARN

Some of the many elements compliance officers will gain knowledge of include:

  • Key elements of modern-day BSA/AML related to digital currencies
  • How BSA/AML requires a whole understanding of advanced elements and FI coordination between all departments
  • BSA/AML automated monitoring system principles that are critical to today’s successful BSA program and how to get the most from your program
  • How AML Systems require validation, why compliance officers may require a direct role in this process and understanding how validation work
  • What reports are needed for compliance officers to have and present to the board regarding core BSA aspects
Price: $299.00

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PRESENTER

Kenneth Agle

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.