Upgrading Your BSA/AML/OFAC Program

On Demand Course

Instructor: Terri Sands

Duration:

What You'll Learn

There is a significant shift in the BSA/AML industry to streamline current risk management controls to align with external threats. Based on the increase in cybercrime, fraud and money laundering events, the financial industry is forced to update, change and modernize internal controls.

This webinar takes attendees through antiquated controls that result in internal control weaknesses leading to regulatory scrutiny and legal issues and also provides best business practices and controls that are proven to be successful to effectively identify, mitigate and report suspicious activity.

This webinar is perfect for those financial institutions that are questioning their internal control environment from weak systems to staffing issues and more!

Topics include:

Case studies of broken BSA/AML/OFAC controls
Regulatory guidance and expectations
Weak controls that lead to BSA regulatory orders
Quiz to determine your BSA/AML/OFAC effectiveness

Who Should Attend?

BSA and Fraud
Client Facing Teams
Deposit Operations/Electronic Banking
Treasury Sales and Operations
Compliance Officers
Internal Audit
Information Security/Technology
Senior Management

About the Author:

Terri Sands

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

On-Demand Course