Description

Learn the key components of BSA and OFAC from the front line staff’s point of view, including the CDD rules, & how to monitor for suspicious activity.

Course Overview:

A key job of the front line is to identify red flags, file CTRs, complete CIP, and keep records on wires and monetary instruments.

Your bank’s sound BSA program requires annual updates, a board-appointed BSA officer, a BSA policy, face-to-face training, and a system of internal controls (checklists) to monitor for suspicious activity.

BSA and OFAC Staff Training 2024, webinar will give your front-line staff the knowledge, tools, and tips to become subject matter experts at their financial institution. The instructor will share checklists to monitor for suspicious activity to give your front-line staff the insight to identify them accurately.

As managers, you will learn how to train your front line staff and how the updates impact your BSA program, policy, and procedures.

Areas Covered:

• Update on new BSA information for 2024
• Red flags for money laundering
• Red flags for Cyber Fraud
• Red flags for human trafficking and smuggling
• Customer Identification Program
• OFAC
• Currency Transaction Reporting
• Record keeping- wires and monetary instruments
• CDD rules—Four elements
• How to avoid “felony moments” in conversations with Members
• Culture of Compliance
• Key pillars of BSA

Why should you attend?

This 90-minute session will help you become the “go-to person” for BSA programs at your financial institution. This webinar will train frontline personnel at banks and credit unions to identify red flags, file CTRs, complete CIP, and keep records on wires and monetary instruments.

Managers will learn how to train their frontline staff and how the updates impact your BSA policy and procedures.

Alternatively, you can also book your tickets here!

Who will benefit?

• Tellers
• Financial Officers
• Bank Secrecy Act Officers
• Front Line Staff
• Risk Officers
• Compliance Officers
• Branch Managers
• Deposit Operations
• Call Centre Representatives
• Lenders

About the Instructor:

Doug Keipper, MBA, CAMS, CACTS

• Certified Anti-Money Laundering Specialist (CAMS) since 2005
• Former Vice President and Bank Secrecy Act Officer for a billion-dollar bank
• Former Special Teams Senior BSA/AML Investigator at a $220 billion bank.
• Sold 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