The Key To Optimizing Your AML And Fraud Systems
About This Course
This course will help attendees understand how these systems align with current regulations ensures that your institution is not only compliant but also better prepared for audits and examinations. Failure to optimize your systems can lead to increased false positives, missed suspicious activity, and costly enforcement actions. Through system customization and optimization, financial institutions can tailor their monitoring frameworks to reflect customer-specific behaviors and risk profiles, particularly by implementing robust customer risk-rated models.
Topics covered in this session
- Understanding How Your Monitoring Systems Relate to Regulatory Requirements
- Consequences of Failing to Optimize Your Systems
- BSA/AML Monitoring System Customization and Optimization
- Case Studies
- Customer Risk Rated Models
- Fraud Systems
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Your Instructor
Scott Rosenbaum has over 10 years of experience as a consultant, investigator, and accountant. He previously worked in KPMG's Forensic practice and for a private think-tank providing forensic accounting, litigation, and investigation consulting services to clients in a variety of matters.
Mr. Rosenbaum specializes in investigations and assisting community and regional banks to develop and improve their BSA/AML compliance programs. He also performs work related to fraud risk management, regulatory compliance and monitoring, and dispute advisory/ litigation assistance.
Additionally, Mr. Rosenbaum routinely conducts trainings for bankers, lawyers, business leaders, and law enforcement including training intelligence analysts from the Office of Foreign Assets Control at FLETC (the Federal Law Enforcement Training Center). He has collaborated on Congressional testimonies, a book, and assisted print and television journalists in researching their articles and segments.
Mr. Rosenbaum is a Certified Public Accountant (CPA), a Certified AML and Fraud Professional (CAFP), an Accredited Payments Risk Professional (APRP), a Certified Forensic Examiner (CFE), and a Certified At-Risk Adult Crime Tactics Specialist (CACTS).
This course is covered under team memberships.
See Team Memberships