Webinar: Job-Specific BSA Training for Operations
March 19, 2024 3:00 pm - 4:30 pm
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 session 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
Speaker: Dawn Kincaird, Brode Consulting Services, Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services.
Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.