Posts tagged with "bsa"

Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps

Register Now

Today, elder financial exploitation has increased based on the significant wealth in the elder population.  Regulatory expectations have also increased based on the impact of this type of crime.

This session will focus on the basics of elder financial exploitation, federal rules and regulations, specific state laws, and an outline detailing focal areas for verifying compliance with regulatory guidance and expectations including your payments programs and BSA/AML. Best Business Practice Document – As a best business practice take-away, this session will include a white paper written by the speaker of this webinar on auditing a financial institution’s elder financial exploitation program.

Topics Covered:

  • Elder Financial Exploitation exposure
  • Regulatory Guidance and Expectations
  • CFPB Guidance on Elder Financial Exploitation
  • Auditing Systems to identify elder financial exploitation
  • Reviewing Training requirements
  • Auditing first line of defense areas to identify elder financial exploitation
  • Reviewing fraud prevention plans

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Deposit Operations
  • Branch Management
  • Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event previously recorded.

Dates of Event

Wednesday, February 27, 2019

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management
Terri Sands

About the Speaker

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 serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

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), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. 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. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay by Check

Understanding Human Trafficking for BSA/AML Compliance: Deconstructing the Trafficker

Register Now

BSA and Human Trafficking

Human trafficking is one of the most horrific and profitable crime problems we confront.  Alarmingly, human trafficking is hiding in plain sight, in every corner of society.  Like many criminal activities, finance is a major area of vulnerability to human traffickers.  Anti-money laundering compliance professionals are in a prime position to disrupt human trafficking.  What’s required is becoming situationally aware of the physical and financial warning signs of identifying and deconstructing human traffickers.

Deconstructing a trafficker to prevent and/or disrupt human trafficking requires understanding.  You must understand the risk, the mindset of a trafficker, the attributes of a trafficker, the crime problem and the consequences of trafficking.  When you can place risk, mindset, and attributes to this heinous crime driven by opportunity, you can develop detective and preventive measures to deconstruct a trafficker.

In promoting awareness to human trafficking this BSA/AML webinar will:

  • Define what ‘human trafficking’ is
  • Stress going beyond awareness to recognizing “a” problem to becoming situationally aware of “the” problem
  • Break down the attributes of traffickers in order to diminish opportunity
  • Present examples of proactive initiatives that banks are taking to address this scourge
  • Make financing a major vulnerability for traffickers

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Tuesday, January 22, 2019

  • 12:00 – 1:00 pm (Eastern Time)
  • 11:00 – 12:00 pm (Central Time)
  • 10:00 – 11:00 am (Mountain Time)
  • 9:00 – 10:00 am (Pacific Time)

Credits

1.2 AAP Credits
1.0 CPE Credits

Your Speaker(s)

Dennis Lormel
Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

Register Now Pay by Check

Documenting Your BSA/AML Risk Assessment

Register Now

BSA Risk AssessmentThere is an increase in regulatory scrutiny over how financial institutions document their BSA/AML risk controls in the risk assessment. Even though financial institutions have been documenting risk assessments over a long period of time, the expectations have moved from a generalist approach to a more meaningful and specific approach that truly outlines the specifics of the BSA/AML program. Regulators look to the bank to provide strong evidence that the risk assessment represents the BSA/AML program including services, geography, and customer types. Meaningful risk assessments are essential in a bank’s ability to defend its BSA program.

This BSA Webinar will cover:

  • Review of the BSA/AML Risk Assessment Regulatory Requirement
  • Outline of a Strong BSA/AML Risk Assessment
  • Common Audit Findings in BSA/AML Risk Assessments
  • BSA/AML Risk Assessment Reporting Requirements

Who Should Attend?

  • BSA Officers and Staff
  • Compliance Officers
  • Internal Auditors
  • Risk Managers
  • Senior Management
  • Executive Management
  • Enterprise Risk Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Tuesday, December 11, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

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 serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

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), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. 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. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay By Check

Auditing Your Payments and BSA/AML Program for Elder Financial Exploitation Gaps

Register Now

Today, elder financial exploitation has increased based on the significant wealth in the elder population.  Regulatory expectations have also increased based on the impact of this type of crime.

This session will focus on the basics of elder financial exploitation, federal rules and regulations, specific state laws, and an outline detailing focal areas for verifying compliance with regulatory guidance and expectations including your payments programs and BSA/AML. Best Business Practice Document – As a best business practice take-away, this session will include a white paper written by the speaker of this webinar on auditing a financial institution’s elder financial exploitation program.

Topics Covered:

  • Elder Financial Exploitation exposure
  • Regulatory Guidance and Expectations
  • CFPB Guidance on Elder Financial Exploitation
  • Auditing Systems to identify elder financial exploitation
  • Reviewing Training requirements
  • Auditing first line of defense areas to identify elder financial exploitation
  • Reviewing fraud prevention plans

Who Should Attend?

  • Internal Auditors
  • Compliance Officers
  • Risk Managers
  • Deposit Operations
  • Branch Management
  • Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event previously recorded.

Dates of Event

Monday, December 3, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP
Founder, Secura Risk Management
Terri Sands

About the Speaker

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 serves as the Director of the Financial Investigative Unit for State Bank & Trust in Atlanta, Georgia where she is responsible for BSA/AML, physical security, fraud prevention, and payments risk management.

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), Prior to her work at PIC, Terri served as the President of GACHA, a non-profit, regional payments association. 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. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay by Check

ACH Third Party Senders: NACHA Operating Rules, OCC Third Party Guidance, and Best Business Practices

Register Now

This payments webinar focuses on the risk management necessities for banking ACH Third Party Senders and highlights regulatory requirements for the financial institutions and its Third-Party Sender.

Areas covered include:

  • Definitions and useful tools to identify a ACH Third Party Sender during due diligence;
  • Best practices for ACH 3rd Party Sender requirements based on ACH network Rules, BSA/AML requirements and regulatory guidance;
  • Assigning appropriate risk scoring in your AML system to monitor the ongoing risks;
  • Regulatory exam expectations for ACH Third Party Senders.

Who Should Attend:

  • Payments Professionals
  • Treasury Sales and Support
  • Electronic Banking Management/Staff
  • Deposit Operations Management/Staff
  • Risk Management and Internal Auditors
  • Compliance Management/Staff
  • Executive and Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event recorded previously.

Dates of Event

Thursday, November 15, 2018

  • 12:00 – 1:00 pm (Eastern Time)
  • 11:00 – 12:00 pm (Central Time)
  • 10:00 – 11:00 am (Mountain Time)
  • 9:00 – 10:00 am (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

Terri Sands is a recognized leader in the Payments industry with decades of hands-on experience in payments compliance, risk management and more. She founded Secura Risk Management 8 years ago to deliver education, consulting and auditing services in the areas of payments risk management (ACH, RDC, Wire Transfer, Debit Cards), BSA/AML, fraud prevention, and physical security for financial institutions and FinTech companies.

Terri is also Director of Payments Risk Management at State Bank & Trust (GA). Previously, she was Managing Director of Payments Information Circle, President of GACHA, and Training Manager for ACH Services at the Federal Reserve Bank. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay By Check

Understanding Human Trafficking for BSA/AML Compliance: Deconstructing the Trafficker

Register Now

BSA and Human Trafficking

Human trafficking is one of the most horrific and profitable crime problems we confront.  Alarmingly, human trafficking is hiding in plain sight, in every corner of society.  Like many criminal activities, finance is a major area of vulnerability to human traffickers.  Anti-money laundering compliance professionals are in a prime position to disrupt human trafficking.  What’s required is becoming situationally aware of the physical and financial warning signs of identifying and deconstructing human traffickers.

Deconstructing a trafficker to prevent and/or disrupt human trafficking requires understanding.  You must understand the risk, the mindset of a trafficker, the attributes of a trafficker, the crime problem and the consequences of trafficking.  When you can place risk, mindset, and attributes to this heinous crime driven by opportunity, you can develop detective and preventive measures to deconstruct a trafficker.

In promoting awareness to human trafficking this BSA/AML webinar will:

  • Define what ‘human trafficking’ is
  • Stress going beyond awareness to recognizing “a” problem to becoming situationally aware of “the” problem
  • Break down the attributes of traffickers in order to diminish opportunity
  • Present examples of proactive initiatives that banks are taking to address this scourge
  • Make financing a major vulnerability for traffickers

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Friday, October 26, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

1.2 AAP Credits
1.0 CPE Credits

Your Speaker(s)

Dennis Lormel
Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

Register Now Pay by Check

BSA Bank Secrecy Act: 2018/2019 Reporting Requirements

Register Now

Anti Money Laundering AML ImageReal or perceived, over the last several years regulatory expectations have been heightened. As we enter 2018, and embark in a new year, what can we expect regarding Bank Secrecy Act (BSA) reporting expectations? The BSA requires that financial institutions have AML Programs that are “reasonably designed” to maintain appropriate records and file certain reports involving currency transactions and a financial institution’s customer relationships. Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) are the primary means used by banks to satisfy the requirements of the BSA.

As set forth in the introduction of the BSA, the regulations were originally intended to aid investigations into an array of criminal activities, from income tax evasion to money laundering. Law enforcement agencies have found CTRs to be extremely valuable in tracking the huge amounts of cash generated by individuals and entities for illicit purposes. SARs used by financial institutions to report identified or suspected illicit or unusual activities are likewise extremely valuable to law enforcement agencies.

The biggest failure of an AML Program is the failure to file or to adequately file SARs. As we wrap up 2018 and begin a new year, it’s a good opportunity to assess BSA reporting expectations and to address the question of how to define a “reasonably defined” BSA/AML Program.

This insightful BSA webinar will discuss the following points:

  • Purpose and evolution of the BSA
  • Overview of BSA reports and requirements
  • Benefits of BSA reporting to law enforcement
  • Measuring regulatory expectations for BSA reporting

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Wednesday, September 26, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

1.2 AAP Credits
1.0 CPE Credits

Your Speaker(s)

Dennis Lormel
Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

Register Now Pay by Check

Updating your Bank’s BSA/AML/OFAC Risk Assessment

Register Now

The risk assessment process should be considered a living process. According to the FFIEC Examination Manual: “An effective BSA/AML compliance program controls risks associated with the bank’s products, services, customers, entities, and geographic location; therefore, an effective risk assessment should be an ongoing process, not a one-time exercise. Management should update its risk assessment to identify changes in the bank’s risk profile, as necessary (e.g., when new products and services are included, existing products and services change, higher-risk customers’ open and close accounts, or the bank expands through mergers and acquisitions). Even in the absence of such changes, it is a sound practice for banks to periodically reassess their BSA/AML risks at least every 12 to 18 months.”

An effective BSA/AML/OFAC risk assessment is one that assists a financial institution in identifying inherent risks, the control environment and residual risk in order to identify the institution’s risk profile. As stated in the FFIEC Examination: “Understanding the risk profile enables the bank to apply appropriate risk management processes to the AML/compliance program to mitigate risk. There are many different types of risk assessments that are suitable. Financial institution management should identify the method or format best suited to identify their specific risk profile.

This insightful BSA Webinar will discuss the following points:

  • The risk assessment process
  • Risk factors to consider addressing
  • Developing the financial institution’s BSA/AML program based upon its risk assessment
  • Updating the risk assessment
  • What the FFIEC Examination Manual recommends bank examiners consider in reviewing risk assessments

 

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally

Dates of Event

Thursday, August 16, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Dennis Lormel

Founder, DML Associates

About the Speaker

Dennis M. Lormel is a recognized subject matter expert in the anti-money laundering, terrorist financing, and fraud communities. Mr. Lormel is an accomplished speaker and is routinely engaged to provide training at industry conferences. In addition, he frequently participates in media interviews that reach both the U.S. and international markets. This exposure and his vast experience in the law enforcement and consulting fields have afforded him the opportunity to develop a unique and diverse network of colleagues and clients.

After the tragedy of 9/11, Mr. Lormel realized that the terrorists needed a financial infrastructure to accomplish the attacks. He immediately established an investigative organization within the FBI that, within days, identified the funding stream that supported these attacks. This is but one example of his expertise in assessing and establishing viable and effective recommendations that produce results.

Register Now Pay by Check

ACH Third Party Senders: NACHA Operating Rules, OCC 3rd Party Guidance and Best Business Practices

Register Now

This payments webinar focuses on the risk management necessities for banking ACH Third Party Senders and highlights regulatory requirements for the financial institutions and its Third-Party Sender.

Areas covered include:

  • Definitions and useful tools to identify a ACH Third Party Sender during due diligence;
  • Best practices for ACH 3rd Party Sender requirements based on ACH network Rules, BSA/AML requirements and regulatory guidance;
  • Assigning appropriate risk scoring in your AML system to monitor the ongoing risks;
  • Regulatory exam expectations for ACH Third Party Senders.

Who Should Attend:

  • Payments Professionals
  • Treasury Sales and Support
  • Electronic Banking Management/Staff
  • Deposit Operations Management/Staff
  • Risk Management and Internal Auditors
  • Compliance Management/Staff
  • Executive and Senior Management

Pricing

$249 for Webinar and Playback*
*Playback has no expiration and may be shared internally. Event recorded previously.

Dates of Event

Wednesday, August 15, 2018

  • 2:00 – 3:00 pm (Eastern Time)
  • 1:00 – 2:00 pm (Central Time)
  • 12:00 – 1:00 pm (Mountain Time)
  • 11:00 – 12:00 pm (Pacific Time)

Credits

  • 1.2 AAP Credits
  • 1.0 CPE Credits

Your Speaker(s)

Terri Sands AAP CAMS
Founder, Secura Risk Management

About the Speaker

Terri Sands is a recognized leader in the Payments industry with decades of hands-on experience in payments compliance, risk management and more. She founded Secura Risk Management 8 years ago to deliver education, consulting and auditing services in the areas of payments risk management (ACH, RDC, Wire Transfer, Debit Cards), BSA/AML, fraud prevention, and physical security for financial institutions and FinTech companies.

Terri is also Director of Payments Risk Management at State Bank & Trust (GA). Previously, she was Managing Director of Payments Information Circle, President of GACHA, and Training Manager for ACH Services at the Federal Reserve Bank. Terri has been an instructor for BankersHub for almost ten years.

Register Now Pay By Check