Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Tuesday, April 30, 2024

  • 2:00 – 3:00 pm (Eastern Time)

  • 1:00 – 2:00 pm (Central Time)

  • 12:00 – 1:00 pm (Mountain Time)

  • 11:00 – 12:00 pm (Pacific Time)

Curriculum

Top Regulatory/Audit Criticisms of a BSA Risk Assessment – Financial institutions are required to complete a BSA/AML and OFAC risk assessment that captures the associated risks and controls to ensure the BSA/AML and OFAC programs are safe and sound. 

Over the past several years, there has been a regulatory focus on risk assessments resulting in financial institutions experiencing a heightened degree of criticism.  This webinar will review the latest criticisms based on deficiencies in BSA/AML and OFAC risk assessment documentation and take attendees through how they should approach documenting the risks, analyzing their data and determining what gaps they have in their current programs to ensure their program is working as intended.  

Topics include:

  • Regulatory requirements of BSA/AML and OFAC Risk Assessments
  • Latest Exam Expectations
  • Top Deficiencies in Risk Assessments 
  • Importance of Data Analysis
  • Best business practices for documenting the BSA/AML and OFAC Risk Assessments


Who Should Attend?

  • BSA Officers and Support Staff 
  • Risk Management
  • Internal Audit 
  • Compliance
  • Senior/Executive Management

Instructor

Secura Risk Management / Founder Terri Sands

Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

Credits

1.0 CPE Credits & 1.2 AAP Credits