Job-Specific BSA Series: Job-Specific BSA Training

Job-Specific BSA Series: Job-Specific BSA Training for Lenders 

Thursday, September 16, 2021 
3:00 pm – 4:30 pm Eastern

Lenders play a crucial role under the Bank Secrecy Act.  They must be alert to attempts at money laundering, identify theft, loan fraud, and more – some of which require filing a SAR.  Take this opportunity to learn more about the BSA implications for lenders and their responsibilities.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Understand the potential for money laundering in the lending area
  • Use the tools provided to detect suspicious activity
  • Develop risk profiles for consumer and business loan applicants
  • Explain the beneficial ownership requirements to legal entity customers
  • Ask appropriate due diligence questions during the loan application process

WEBINAR DETAILS 

During exams, BSA examiners have been digging deeper and have begun to ask more questions about the lending function.  Could an examiner find loan fraud that has gone undetected by your due diligence process?  Is there a system for identifying false statements and attempts at identity theft on loan applications?  Do lenders know that these activities may require filing a suspicious activity report?  Is the process for documenting beneficial ownership effective?  This program will address five important reasons that BSA training must be provided for lenders.

WHO SHOULD ATTEND? 

This informative session is designed for loan officers, loan operations staff, BSA officers, BSA staff, branch personnel, risk managers, compliance officers, and audit staff.

TAKE-AWAY TOOLKIT

  • Customer due diligence checklists under the beneficial ownership rules
  • Template to develop and update a risk profile
  • Examples of suspicious activity in the lending area
  • Employee training log
  • Interactive quiz

SPEAKER

Susan Costonis, CRCM
Compliance Training & Consulting for Financial Institutions

Susan Costonis is a compliance consultant and trainer who began her career in 1978.  She specializes in compliance management along with deposit and lending regulatory training.  Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies.  She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve.  Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado.  She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

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

Registration Options (Member/Non-Member Pricing)
Live Webinar ($345/$490) – The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed to you prior to the broadcast. You will need the most-current version of Adobe Reader available free at www.adobe.com.

Recorded Webinar + Free Digital Download ($265/$400)– Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

Additional Live Webinar Connections ($175/$260)  – Registering another banker from a different location

Both Live Webinar & Recorded webinar + Free Digital Download ($395/$600)– Includes Live Webinar and Recorded Webinar options above.

When
9/16/2021

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