The BSA world continues to evolve, and each day brings new challenges to BSA officers and financial institutions. While many components of BSA remain the same, regulators’ expectations regarding the BSA officer’s role in policing continue to grow. While some expectations can be met with software or monitoring techniques, others require significant effort. This webinar will focus on methods to identify and control risk and use real-life scenarios to explain what can happen with difficult BSA situations. (Note: Participants should already understand BSA requirements; specifics of the regulation will not be covered.)
- Identifying risk – what needs to be considered
- Managing the risks you identify
- Ways to improve BSA program quality
- Businesses and other entities that require the majority of BSA attention
- Real-life difficult scenarios – lessons learned
- TAKE-AWAY TOOLKIT
- Manual will provide a road map to identify and manage BSA risk and other tools to improve BSA performance
- Employee training log
- Quiz to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for experienced BSA professionals. Other staff members with significant BSA skills or responsibilities, such as management and auditors, will also benefit.
SPEAKER: Bill Elliott, Young & Associates, Inc.
Bill Elliott has over 35 years of banking experience. As a senior compliance consultant and manager of the compliance division with Young & Associates, Inc., Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews, conducting in-house training, and writing compliance articles and training materials.
Bill’s career includes 15 years as a compliance officer and CRA officer in a large community bank, as well as working at a large regional bank. He has experience with consumer, commercial, and mortgage loans, and has managed a variety of bank departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.