Performing and QC'ing Periodic AML High Risk Reviews
About This Course
The performance of periodic AML High Risk Reviews is crucial to identifying and mitigating risks posed by high risk business and individuals. High Risk Reviews are typically performed by an AML department’s most seasoned professionals who understand high-risk types, customer attributes, customer transactions, and how to pull it all together to assess and convey risk. This how-to course will get in the trenches to help AML professionals improve their skills for performing and QC’ing High Risk Reviews.
Topics covered in this session
- Planning and optimizing the High Risk Review project
- Stratifying the High Risk customer population
- Creating the High Risk Review form that works for you
- Gathering and verifying customer information
- QC’ing the drafted High Risk Reviews
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Your Instructor
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.
This course is covered under team memberships.
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