Documenting BSA High Risk Reviews

Course Description

A significant BSA regulatory requirement is the ongoing review of higher-risk clients. Periodic high-risk reviews help financial institutions ensure they have updated Customer Due Diligence and identified risks associated with a client that presents an elevated level of risk due to the nature of their business or other factors.

This webinar will provide attendees with the best practices of how a review should be performed, leading practices on what should be included in the high-risk review, and how the financial institutions should incorporate the physical onsite visits into the overall review of such high-risk review.

Areas Covered

• Background information relating to the high-risk customer
• FFIEC guidance for determining high-risk customers
• Important components to include in your high-risk reviews
• Common audit findings in high-risk reviews
• Leading business practices for performing and tracking ongoing high-risk reviews.

Why should you attend?

This webinar takes attendees through rules changes, requests for comments, and industry initiatives that could potentially impact your ACH operations, treasury management, risk management, and payments strategy.

Who will benefit

• BSA/AML Compliance Officers at banks and MSBs
• Front Line BSA/AML Staff
• Internal and Independent Auditors
• Deposit Operations/ Electronic Banking
• Treasury Sales and Operations
• Bank and MSB Staff with Roles and Responsibilities in BSA/AML Management and Oversight
• Risk and Compliance Management
• Consultants in the AML/BSA Industry specializing in MSBs
• Information Security

About the Instructor

Doug Keipper is Vice President, BSA/AML Officer at BankSouth. His experience includes:

• Certified Anti-Money Laundering Specialist (CAMS) since 2005
• Bank Secrecy Act Officer for a billion-dollar bank
• Selling BSA software for eight years
• Teaching anti-money laundering classes since 2008
• Has talked with over 500 BSA officers throughout the USA and Caribbean
• Spent over 20 years in retail banking, wholesale mortgages, and financial services

Refund Policy

Attendees may cancel up to 24 hours before the course start date and the refund will be processed within two working days.

We will process/provide A refund if the webinar is canceled. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinars may be canceled due to a lack of enrollment or unavoidable factors. Attendees will be notified 24 hours in advance if a cancellation occurs. Substitutions can happen anytime.

If you have any concerns about the content of the webinar and are not satisfied please contact us at care@thecomplyguide.com

View other webinars of Doug Keipper:

How to Write Effective SAR Narratives

Updates to FFIEC BSA/AML Examination Manual: What You Really Need to Know