Topmost Inefficient Controls in your BSA/AML Departments

Topmost Inefficient Controls in your BSA/AML Departments

Friday, June 11, 2021
2:00 – 3:00 pm (Eastern Time)

Financial institutions may have experienced external audit and regulatory criticism based on the inability to perform critical controls in ACH, RDC, Wire Transfers positive pay or other treasury related products. Financial institutions may find themselves in a situation where they are defending poor controls based on weak technology and legacy systems and have gotten lucky along the way with clean audits.  

  • Are you drowning in a manually intensive treasury environment? 
  • Are you working outside of the system based on its weakness and inability to provide controls as intended?  
  • Does it take a significant amount of time to obtain initial approval of your treasury client and also for approving temporary limit approvals based on over-limit activity?  

This bank compliance webinar will focus on the topmost inefficiencies that exist in a treasury program. Learn how to understand the extent of the deficiencies and the resulting damage, customer criticisms, growing regulatory scrutiny and also how to implement strong reporting that would reflect issues and opportunities for becoming efficient and avoiding future regulatory scrutiny up to a regulatory order.  

Topics include:

  • Review of Top Inefficiencies in Treasury Programs
  • Understanding the resulting damage of inefficiencies 
  • Best business practices for reporting program deficiencies 
 

Who Should Attend:

  • Treasury Management
  • Account Officers/Relationship Managers
  • Branch Management
  • Credit Officers
  • Compliance 
  • BSA/AML 
  • Deposit Operations
  • Risk Management
  • Fraud Management
  • Information Security Officers 
  • Internal Audit
  • Executive Management

Instructor

Terri Sands
Secura Risk Management / Founder


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.
 

Attendance verification for CE credits provided upon request.

Webinar Sponsored by BankersHUB

If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Patti Webb, (614) 610-1877.

 Registration (Member/Non-Member Pricing)

Webinar and Playback* ($295/$445)
*Playback has no expiration. 

Additional Hookup - Registering another banker from a different location ($185/$225)

 
When
6/11/2021

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