Job-Specific BSA Training for Frontline
On-Demand Webinar:
StreamedSep 7, 2022Duration90 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
Frontline BSA compliance is essential to a successful examination.
Training
is critical, but… training must evolve with the times. Is your training comprehensive enough and
does it contain emerging money laundering red flags? Join this webinar to get expert insight into
BSA training for the frontline!
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Identify potential money laundering scenarios and understand the reporting requirements for suspicious activity
- Discuss the new FinCEN advisory on elder financial exploitation issued June 15, 2022
- Understand the five pillars of an effective AML (anti-money laundering) program
- Explain due diligence and account opening requirements for legal entity customers under the beneficial ownership rules
- Distinguish between normal and suspicious activity based on the risk profile
WEBINAR DETAILS
Job-specific BSA training
has been emphasized in the BSA
Examination Manual for several years.
The frontline’s BSA responsibilities are a huge part of a successful
examination. However, simply doing the
same training program each year is not adequate. Money laundering activities continue to
evolve and frontline training must keep pace with emerging risks. This session will cover the basic
expectations for completing CTRs; scenarios for reporting suspicious activity
and recent trends in SARs; and the framework for an effective customer
identification program for opening new accounts. Join us for a fast-paced review of the basics
and also learn about emerging money laundering red flags in 2022.
WHO SHOULD ATTEND?
This informative session
will benefit all employees who open and service accounts. It is designed for tellers, new account
representatives, member service representatives, call center employees, loan
officers, loan assistants, branch managers, BSA officers, BSA
support staff, and anyone involved in the BSA program.
TAKE-AWAY TOOLKIT
- SAR checklist to identify, monitor, and report suspicious activity based on BSA exam procedures and the risk assessment process
- Sample BSA responsibility matrix, including SAR monitoring and CIP
- CTR compliance review checklist
- 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.
TESTIMONIALS
"Great Training!! Very beneficial. The class was very insightful full of important information that was easy to understand."
- Gregory, Loyola Credit Union
Presented By
Compliance Training & Consulting for Financial Institutions
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