Mar 19, 2024
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 webinar 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.
Tuesday March 19th, 2024
11:00 am - 12:00 pm EST
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.
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
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
Who Should Attend
This informative session is designed for commercial lenders, loan operations staff, loan review staff, and auditors.
Dawn Kincaid
BRODE CONSULTING SERVICES INC
Live $255
On-Demand $255
Live + On-Demand $375
AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380