BSA Officer Part 3: BSA/AML Deep Dive for the New BSA Officer
On-Demand Webinar:
StreamedMay 3, 2023Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Maintaining compliance with the Bank Secrecy Act (BSA) and the Anti-Money Laundering (AML) Act is foundational to any BSA officer’s job.
Tendrils
of these two Acts are woven into nearly every component of a financial
institution’s operations, including CIP, CDD, OFAC, CTRs, SARs, privacy, and
more. Attending this three-part series
will ensure new BSA officers have a well-rounded foundation and can see the
forest for the trees.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Review the five pillars upon which your entire BSA program is built
- Incorporate the components of the AML Act into training and reporting processes
- Comply with currency transaction reporting rules
- Identify and report suspicious activity
- Understand best practices for documenting CIP and CDD compliance
- Use the information and tools provided to develop a comprehensive training and reporting program
WEBINAR DETAILS
BSA/AML officers are responsible for developing and
administering a BSA program that provides adequate controls, monitoring
processes, independent audits, and ongoing training of your institution’s staff
and directors. Wrapping your arms around
the many facets of the Act can seem like a daunting task. Where should you
focus your time? What are the highest-risk areas? How do you even know what
those areas are? When is your next exam? How did the last exam go? How can you communicate new rules and updated
procedures to the staff and board? Where
can you find out about new rules?
This session will help answer these questions and
more. It will take a deep dive into the
components of the BSA/AML rules, CIP documentation, CDD requirements, OFAC
screening, CTR completion, maintaining information for the sale of monetary
instruments and funds transfers, monitoring for and reporting suspicious
activity, and much more! Tools and
resources will be provided for managing your responsibilities and becoming a successful
BSA/AML officer!
WHO SHOULD ATTEND?
This informative session
is designed for BSA officers, compliance officers, and internal auditors.
TAKE-AWAY TOOLKIT
- BSA policy checklist
- Accountholder risk review
- SAR narrative checklist
- CTR checklist
- Beneficial ownership calculator
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Brode Consulting Services, Inc.
© 2023 FINANCIAL EDUCATION & DEVELOPMENT, INC