Establishing Transaction Limits for BSA/AML Monitoring

  • Speaker:Dr Gina J. Lowdermilk
  • Duration:75Min
  • Product Code:GRC-90160

Live Session - How it works

  • Username and Password will be sent to you within 24 hours prior to the webinar.
  • Presentation handouts in pdf format will be emailed to along with the login instructions or few hours before the meeting starts.
  • Login to the session by clicking on “Join the Meeting” in the login instructions and then dial the number to connect to the meeting audio or use your Computer to connect to audio. Please use the name and the email address you used at the time of registration to join the meeting.
  • Get answer to your queries through interactive Q&A sessions. The Q and A sessions are at the end of the meeting. The expert will complete his/ her presentation and then the phone lines will be open for the audience to discuss your questions.
  • Please let us know your thoughts and views at the end of webinar, your valuable feedback will help us improve our Training programs.
  • Certificate of attendance is emailed to you within 6 working days from the date the webinar was completed. If you don’t receive an email within 6 days. Please email our support@grcts.com

Recorded Session - How it works

  • Login Information with Password to view the webinar will be emailed to you within 48 hours from the date the Live webinar was completed. The link to the recording is for a single person use only and it is valid for 6 months or the actual duration the recording was purchased.
  • Please click on the link to access the Recording and type in the password provided in the email.
  • Presentation and other handouts will be emailed to you in a pdf format.

Training CD - How it works

  • Free shipment within 2 working days, from the date the webinar was completed. The presentation and other handouts will be emailed to you in a pdf format if we are unable to attach them in the CD or USB.

(For more information about our products contact +1- 248-233-2049)

Description:

Financial institutions are required to be compliant with BSA rules and regulations. Such compliance needs to be well documented and consistent to ensure financial institutions avoid BSA violations and implications. Financial institutions’ BSA programs must have adequate policies and procedures, comprehensive risk assessments, monitoring programs, training programs, qualified employees overseeing the BSA daily operations and independent testing programs. An effective BSA audit program with appropriate established transaction limits will ensure the BSA rules and regulations and the needs of the financial institution. Having appropriate transaction limits will ensure that financial institutions are proactive in preventing BSA violations occurring and implementing corrective action for BSA issues or implications that may be identified in the BSA program.

This webinar will highlight BSA audit best practices that are being acknowledged and recognized by regulators and examiners with regard to an institution establishing appropriate transaction limits for their monitoring program.

Why Should You Attend:

Although financial institutions have been managing BSA operations per the regulation requirements, the change in focus to BSA audits has become increasingly important. Regulators look to the bank for insurance and evidence that BSA operations are being appropriately completed. Having appropriate transaction limits established for monitoring purposes will aid in ensuring the institution is BSA/AML compliant.

“Establishing Transaction Limits for BSA/AML Monitoring” will highlight the evolution of BSA audit best practices. The areas of focus outlined in this webinar are based on best industry practice, supervisory experience and cover the major components of an effective BSA program that audit focuses on. It will look at these areas and the specifics of each area as it pertains to BSA audits.

Areas Covered in the Webinar:

  • Determining appropriate transaction limits
  • Assessing policies and procedures
  • Review of monitoring programs
  • Determining effectiveness and thoroughness of established transaction limits
  • Ensuring qualified employee oversight of appropriate transaction limits
  • Independent testing

Who Will Benefit:

  • BSA / AML Officers
  • Internal Auditors
  • Staff with roles and responsibilities in BSA / AML management and oversight
  • Financial Officers
  • Corporate Audit

Instructor Profile:

Gina J. Lowdermilk, PhD (ABD), CAMS, CRMS is a highly experienced and educated BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work from small community banks to large, international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality.

Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. She has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as requested from numerous clients.

Refund and Cancellation Policy:

For information on refund or cancellation please refer here  https://www.grcts.com/refund-cancellation-policy

GRCTS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

Available Options

Recording: 6 Months Access to the Training which can be accessed from any location

$249

CD-DVD: Shipped within 2 working days

$379

USB - Shipped within 2 working days

$389

5 Member Group: 5 people can Attend the Live Online Meeting from any location globally

$2,649

10 Member Group: 10 people can Attend the Live Online Meeting from any location globally

$4,659

Related Products

Travel & Entertainment Reimbursement Fraud Detection and Prevention - NASBA CPE 1.5

Travel & Entertainment Reimbursement Fraud Detection and Prevention - NASBA CPE 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com.  NASBA CPE Certification - 1.5 CPE Group Internet Based | 1.5 (1 CPE for 50 minutes) | Accounting - 1.5CPE (1.5 CPE) | Finance - 1.5CPE (1.5 CPE) | Intermediate | Prerequisites - None| No advance preparation. Descrip..

$259

AML/BSA Requirements for Privately Owned ATMs - NASBA CPE -1.5

AML/BSA Requirements for Privately Owned ATMs - NASBA CPE -1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBA - 1.5 CPEGroup Internet Based | 1.5 (1 CPE for 50 minutes) | HR (1.5 CPE) | Intermediate | Prerequisites - None | No advance preparationDescription:This session highlights understanding and mitigating the risks of POATMs that ..

$249

Writing an Effective Credit Memorandum - NASBA CPE - 1.5

Writing an Effective Credit Memorandum - NASBA CPE - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com.NASBA Certification of 1.5 CPE Description:After a detailed credit analysis of a loan request has been performed, it is now time to communicate your findings in writing.  Credit memoranda are a primary means of communications wi..

$249

Performing BSA/AML/OFAC Risk Assessments Properly - NASBA CPE - 1.5

Performing BSA/AML/OFAC Risk Assessments Properly - NASBA CPE - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. Description:This 60-minute webinar will summarize the importance of performing BSA/AML/OFAC risk assessments properly. It will discuss the various components needed in order to implement an effective risk assessment, as well as, wha..

$249

Commercial Loan Documentation - NASBA CPE - 1.5

Commercial Loan Documentation - NASBA CPE - 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com.NASBAGroup Internet Based | 1.5 (1 CPE for 50 minutes) | Banking - 1.5 CPE | Basic Level | No advance preparationDescription:Loan Documentation for commercial loans is a critical component in lending. After the decision to ..

$269

Latest in the NACHA Rules Space! - NASBA CPE 1.5

Latest in the NACHA Rules Space! - NASBA CPE 1.5

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the recording of the webinar for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBA CPE: 1.5Delivery Method: Group Internet Based, Field of Study: Banking/ Finance, Level: Basic - Intermediate, Prerequisites: None, Advanced Preparations - None.Description:To remain in compliance with the Rules, the topi..

$4659

Regulation E – The Basics and Error Resolution - NASBA CPE 1

Regulation E – The Basics and Error Resolution - NASBA CPE 1

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the Recording of the Training for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. Certification - This Webinar is eligible for 1.5 NASBA CPE CreditsBackground:In this session, the basics of Regulation E will be covered, which includes some basic definitions, such as consumer account and access device.The confu..

$4659

Risk and Compliance Officers Training - NASBA Certificate

Risk and Compliance Officers Training - NASBA Certificate

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the Recording of the Training for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBA CPE - 1.5Group Internet Based | 1.5 (1 CPE for 50 minutes) | Finance (1.5 CPE) | Intermediate | Prerequisites - None | No advance preparationAbout the Topic:A high-level compliance risk management overview designed for inter..

$249

OFAC Sanctions Update

OFAC Sanctions Update

If you are unable to attend the meeting Live then you can opt in for the Live Recording instead. Access the Recording of the Training for 6 months. Contact our support for any questions. To prepare an invoice to pay by Check or Wire email us at support@grcts.com. NASBA CPE - 1.5Group Internet Based | 1.5 (1 CPE for 50 minutes) | Finance / Banking (1.5 CPE) | Intermediate | Prerequisites - None | No advance preparationUse the coupon code "GRCTS10" to avail a 10% Discount on your order.Overvi..

$2659

AML in Review – A look back at 2018 and a look forward to 2019 - NASBA CPE 1.5

AML in Review – A look back at 2018 and a look forward to 2019 - NASBA CPE 1.5

This topic is available for On Site and Corporate Training. Contact our Support for more information.Certification: NASBA CPE - 1.5Group Internet Based | 1.5 (1 CPE for 50 minutes) | Banking/ Finance (1.5 CPE) | Intermediate | Prerequisites - None | No advance preparationOverview: A Look At Some Of The Hot Topics And Issues Regarding The AML Environment In 2018, And What Is On The Horizon For 2019 .The financial environment changes constantly to address new issues and concerns rega..

$1229