Certification: BSA AML Professional

Certification

What You'll Learn

Certification Overview: This leading Bank Secrecy Act (BSA) and Anti Money Laundering (AML) certification provides both new and seasoned financial professionals with topics that aren't just for BSA/AML staff, Auditors and Compliance personnel, but critical for ALL FRONTLINE employees.

Courses Included:

BSA: Overview and Fundamentals
BSA: Best Audit Practices
BSA: BSA/ AML/ OFAC Risk Assessments
AML: Overview and Fundamentals
AML: Risk Management
AML: Training and Red Flags
Fundamentals of CIP, CDD, EDD, CTR, and Current Issues
FFIEC Examinations Manual
KYC: Overview of Regulations and What We Need to Do!
OFAC Overview and Sanctions

Learning Objectives

Upon completion of this certification, participants will be able to:

Recognize the historical development of the Bank Secrecy Act (BSA) and its key amendments

Identify the primary functions and responsibilities of FinCEN

Recognize the reporting requirements and thresholds for Currency Transaction Reports (CTRs)

Determine when a Suspicious Activity Report (SAR) must be filed

Identify the conditions that trigger a Currency and Monetary Instrument Report (CIMR)

Distinguish between CTRs and SARs

Identify the requirements for reporting foreign financial accounts (FBAR)

Recognize the civil and criminal penalties for violating the BSA

Define the required components of an effective AML compliance program

Discern the purpose, scope, and best practices of a BSA/AML audit

Identify common red flags for suspicious transactions

Recognize the role of risk assessments in BSA/AML compliance

This Certification takes approximately 9 hours to complete.

Accreditations

CPE/NASBA - QAS Self Study

Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539.

Please note: You must attend at least 50 minutes to obtain credit. Final CPE approval belongs with each state's regulatory board. Credit is based on a 50-minute credit hour.

For more detailed information about the course, including the outline, content, and objectives, please refer to the 'Description' tab on this webpage.

Field Of Study: Specialized Knowledge
Prerequisite: Basic knowledge of the banking industry, business, or law
Level of Knowledge: Intermediate
Advanced Preparation: None
Delivery Method: QAS Self Study

Requesting CE:
Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.