Job-Specific BSA Training for Operations
On-Demand Webinar:
StreamedMar 19, 2024Duration90 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
Compliance can’t rely on coincidence.
To have a top-notch deposit ops
team, everyone must know the compliance requirements – especially regarding
BSA. Learn about your responsibilities under the five BSA pillars, the
penalties for noncompliance, best practices, and more with this one-stop shop
for operations BSA compliance.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Understand your responsibilities under each of the five BSA pillars
- Identify and report potentially suspicious activity
- Gather information required to meet customer due diligence (CDD) requirements
- Apply provided best practices to identify and monitor high-risk accountholders
- Review red flags for hot-button, high-risk activities, including cybercrime, cannabis-related businesses, funds transfer fraud, and cryptocurrency
- Detail the penalties for noncompliance
WEBINAR DETAILS
The operations team sees
it all – deposits, loan payments, debit card transactions – and serves as the
hub for electronic banking, RDC, and ACH services. Therefore, it’s crucial to
receive tailored initial and ongoing training on BSA/AML requirements and fully
understand your day-to-day BSA responsibilities.
This session will detail
BSA/AML rule components, including red flags for money laundering, CIP
documentation, CDD rules, OFAC screening, CTR completion, maintaining
information for the sale of monetary instruments, and much more! In addition, it
will review red flags for ACH fraud, debit card fraud, loan fraud, and BSA best
practices for electronic banking services. Take this opportunity to arm
yourself with the knowledge and tools needed to comply with the many
requirements of the Bank Secrecy Act.
WHO SHOULD ATTEND?
This informative session
is designed for deposit operations personnel, loan operations staff, e-banking
staff, BSA/AML officers, and internal auditors.
TAKE-AWAY TOOLKIT
- Audit checklist for reviewing correct CTR completion
- Sample RDC accountholder review form
- Red flags to use for training
- 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.
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