Job-Specific BSA Training for Operations

Compliance Human Resources Operations Bank Secrecy Act (BSA)Senior Management & Directors

On-Demand Webinar

StreamedMar 19, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Compliance can’t rely on coincidence.

To have a top-notch deposit ops team, everyone must know the compliance requirements – especially regarding BSA. Learn about your responsibilities under the five BSA pillars, the penalties for noncompliance, best practices, and more with this one-stop shop for operations BSA compliance.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Understand your responsibilities under each of the five BSA pillars
Identify and report potentially suspicious activity
Gather information required to meet customer due diligence (CDD) requirements
Apply provided best practices to identify and monitor high-risk accountholders
Review red flags for hot-button, high-risk activities, including cybercrime, cannabis-related businesses, funds transfer fraud, and cryptocurrency
Detail the penalties for noncompliance

WEBINAR DETAILS

The operations team sees it all – deposits, loan payments, debit card transactions – and serves as the hub for electronic banking, RDC, and ACH services. Therefore, it’s crucial to receive tailored initial and ongoing training on BSA/AML requirements and fully understand your day-to-day BSA responsibilities.

This webinar will detail BSA/AML rule components, including red flags for money laundering, CIP documentation, CDD rules, OFAC screening, CTR completion, maintaining information for the sale of monetary instruments, and much more! In addition, it will review red flags for ACH fraud, debit card fraud, loan fraud, and BSA best practices for electronic banking services. Take this opportunity to arm yourself with the knowledge and tools needed to comply with the many requirements of the Bank Secrecy Act.

WHO SHOULD ATTEND?

This informative session is designed for deposit operations personnel, loan operations staff, e-banking staff, BSA/AML officers, and internal auditors.

TAKE-AWAY TOOLKIT

Audit checklist for reviewing correct CTR completion
Sample RDC accountholder review form
Red flags to use for training
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.