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Monitoring High-Risk Transactions
Doug Keipper

Doug Keipper, is a Certified Anti-Money Laundering Specialist (CAMS) since 2005 and former BSA officer and compliance officer for an $800M commercial bank in Atlanta before it sold twice in one year. He has taught anti-money laundering throughout the southeast and on-line since 2008. He has spent over 20 years in retail banking, wholesale mortgages and financial services.

Price: $299.00

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This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.
Monitoring High-Risk Transactions

Your BSA/AML compliance program should identify all high-risk transactions. Despite the best efforts of your staff and software, they still likely miss many worrisome activities. As criminals persevere and money launderers adapt, you need to assess new risks continually.

A BSA/AML risk assessment generally involves two steps:

  1. Identify specific risk categories (such as products, services, customers, entities, transactions, and geographic locations).
  2. Conduct a detailed analysis of data to assess risk within these categories.

You need to complete both steps frequently to monitor your transactions methodically and document your monitoring program.

WHAT YOU’LL LEARN

  • What is considered a high-risk transaction?
  • How can you identify high-risk transactions?
  • What can you do to mitigate the risks associated with high-risk transactions?
  • How can you investigate high-risk activity?
  • How should you document your system of internal controls?
Price: $299.00

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PRESENTER

Doug Keipper

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.