Job-Specific BSA Training for the Frontline*
On-Demand Webinar:
StreamedAug 26, 2021Duration90 minutes
- Unlimited and shareable access
two business days after live streaming - Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Are you on the frontline?
Those
who are literally on the frontline of the financial industry are the first line
of defense against money laundering and terrorist activities. It’s an important
job! Join us to learn the Bank Secrecy Act’s specific requirements for the
frontline and all the compliance-driven details that auditors and examiners
care about.
AFTER THIS WEBINAR YOU’LL
BE ABLE TO:
- Identify the BSA requirements specific to your areas of responsibility
- Explain why certain information is required to set up an account and the due diligence collection and retention of that information
- Describe the characteristics of money laundering
- Identify suspicious activities
- Define common patterns of suspicious activity, including smurfing, structuring, money mules, account takeover, and more
- Distinguish between identity theft and synthetic identity
- Understand the identification, recordkeeping, and reporting requirements for CTRs, SARs, and other BSA-related issues
WEBINAR DETAILS
BSA compliance remains one of the hottest
topics for examiners and auditors. Frontline staff are considered the first
tier in identifying, preventing, and mitigating potential money laundering and
terrorist financing activities. This webinar will explain the specific
requirements of their job duties related directly to BSA/AML and anti-terrorist
financing compliance.
From
opening accounts, due diligence, and recognizing when enhanced due diligence
may be necessary, to red flags for account opening and transactions, this
webinar will teach staff their responsibilities. It will address the reasons
behind the tasks they are asked to do and, most importantly, provide useful
tools and red flag takeaways to help them do it. FinCEN guidance on human
trafficking, unemployment insurance fraud, and other COVID-19-related red flags
highlight the need to keep abreast of recent developments, frauds, and money-laundering
techniques and trends. This could be the most important training your frontline
receives all year!
WHO SHOULD ATTEND?
This informative session is directed to tellers, financial services and new accounts representatives, loan intake personnel, call centers, branch management and operations staff, compliance personnel, and auditors.
TAKE-AWAY TOOLKIT
- CTR and SAR cheat sheets
- Identity theft red flags
- BSA red flags for the frontline
- Employee training log
- Interactive quiz
- 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
agency is prohibited. Print materials may be copied for eligible participants
only.
Presented By
Compliance Plus, Inc.
© 2022 FINANCIAL EDUCATION & DEVELOPMENT, INC