Third Party Senders, ACH Operators and IAT

On Demand Course

Instructor: Kelly Rozier

Duration: 1 HR

What You'll Learn

This course highlights the roles and responsibilities of third-party entities that process ACH entries on behalf of others, the operational functions of ACH Operators in clearing and settlement, and the specific requirements for handling cross-border payments. Gaining expertise in these topics helps professionals manage compliance, ensure accurate processing, and mitigate risks associated with third-party relationships and international transactions.

This is part six of a ten-part series (10 webinars) that includes the different segments of the AAP Test. Stout instructors will take attendees through a deep-dive, easy-to-understand program to assist you and your teams in preparing for the AAP Exam. This session has been designed to prepare for the future AAP or as a refresher course for existing AAPs.

Topics covered in this session

TPS Identification and Roles
ODFI Obligations
NACHA Rules
Role of ACH Operators
Settlement Functions
ACH Operator Schedules
Contingency & Resiliency
IAT Format Requirements
OFAC Compliance
BSA/AML Compliance
Special Considerations

Are you taking the AAP Exam this fall? Check out our comprehensive, 10-part AAP Exam Prep series to get you ready!

*This course does NOT qualify, nor meet the National Standard for NASBA accreditation.

Accreditations

Nacha (National Automated Clearing House Association) -AAP/APRP

Nacha has approved this course as eligible for AAP or APRP Renewal Credit(s).

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

About the Author:

Kelly Rozier

Kelly Rozier has extensive banking experience; specializing is Electronic Payments and fraud. Ms. Rozier advises both financial institutions and their service providers on payments audits, process improvement, and risk management. She provides expertise in ACH, Wire Transfer, Remote Deposit Capture (RDC), and other payment systems, including audits of third-party senders and service providers. She works closely with banking professionals, , risk managers, compliance officers, and operations teams in the context of payments compliance, process optimization, financial risk management, and regulatory education. Additionally, Kelly collaborates with the Simplify Risk–Secura membership program to deliver education and resources tailored to banks, fintech companies and credit unions Prior to joining Stout, Kelly was responsible for the payment’s governance including treasury services and oversight for an $18 billion in assets financial institution. Kelly has a significant amount of experience working on the financial institution side and working with all the major core providers on electronic payments needs based on external fraud threats, network and regulatory requirements. Kelly also has ten years of experience working directly with the BSA/AML and fraud areas specific to electronic payments fraud and incident response.

On-Demand Course