What You'll Learn
The BSA Bootcamp is a comprehensive three-part training designed to strengthen participants’ understanding of Bank Secrecy Act (BSA) compliance and anti-money laundering (AML) frameworks within financial institutions. Across the three webinars, participants gain a foundational to advanced grasp of BSA regulatory expectations, reporting obligations, internal controls, and evolving compliance challenges.
Participants will learn essential recordkeeping standards, recognize “red flags” of suspicious activity, and understand the implications of enforcement actions. They will explore best practices for conducting BSA audits, ensuring independence and appropriate scope, evaluating the effectiveness of compliance programs, and addressing deficiencies. Finally, participants learn to identify inherent and residual risks related to customers, products, and geographies, apply data-driven methodologies, and integrate regulatory guidance from FinCEN, OFAC, and the FFIEC.
Together, the bootcamp provides a structured, practical roadmap for establishing, evaluating, and maintaining a robust, risk-based BSA/AML compliance framework.
About the Author:
Sharon Blanchette is a risk, compliance, and anti-financial crimes (AFC) subject matter expert who has enjoyed a long career working with banks, credit unions, fintechs, mortgage companies/servicers, and the vendors who support them.
Sharon's specialties include building and enhancing compliance and AFC programs, assisting institutions during mergers and acquisitions, serving as a temporary outsourced compliance or AFC officer, managing lookbacks, and breaking down complex regulations and requirements into effective training materials.
Sharon is a Certified Public Accountant, a Certified Internal Auditor, a Certified Anti-Money Laundering Specialist, and holds the Consumer Regulatory Compliance Manager certification. In early 2021 she obtained a crypto currency certification and a cannabis risk management certification. She serves on the Board of the Virginia Chapter of ACAMS. She enjoys publishing articles and speaking on industry topics.
You Might Also Like
On-Demand Course
Stop Being Intimidated by Escrows!
On-Demand Course
Many people are involved in the escrow process, and each one of their touch points invites opportunity for error. Are staff members getting the right tax and insurance figures? Are lenders explaining it correctly to borrowers (especially if there will be a “shock” to come)? Are servicing staff...
Instructor: Rebekah Leonard
299.00
Order Today
Role: Compliance and Regulations
299.00
Order Today
On-Demand Course
RDC Rules and Regulations: Compliance Review and Checklist
On-Demand Course
Remote Deposit Capture, aka RDC, just like other payment collection systems have guidance, laws and rules that are required for a financial institution to mitigate the risks and ensure compliance with its RDC Program. This payments webinar will cover FFIEC Guidance on remote deposit capture which...
Instructor: Kelly Rozier
299.00
Order Today
Role: Compliance and Regulations
299.00
Order Today
On-Demand Course
Flood Fundamentals
On-Demand Course
Hurricanes. Sea swells. Rainstorms. Snow melts. Ice jams. Any one of these things can cause flooding and substantial damage to your bank’s collateral and your customer’s property. FEMA, the government agency that exists to help Americans through the worst emergencies, doesn’t have the abili...
Instructor: Rebekah Leonard
299.00
Order Today
Role: Compliance and Regulations
299.00
Order Today
On-Demand Course
Advertising and Compliance, Paper and E-media
On-Demand Course
Lending, marketing, and compliance teams often have different viewpoints on advertising, but a strong compliance management program can align goals and drive success.Key Takeaways: Strategies to balance compliance with marketing goals Best practices for collaboration across teams How to develop ...
Instructor: Rebekah Leonard
299.00
Order Today
Role: Compliance and Regulations
299.00
Order Today