Performing BSA/AML/OFAC Risk Assessments Properly

  • Speaker:Dr Gina J. Lowdermilk
  • Duration:60Min
  • Product Code:GRC-90477
  • NASBA CPE: 1.5

Live Session - How it works

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  • Presentation handouts in pdf format will be emailed to along with the login instructions or few hours before the meeting starts.
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  • 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.
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  • 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)

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

Description:

This 50-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, what is needed to maintain an appropriate risk assessment on-going of BSA/AML/OFAC.  It will provide insight to what regulators and examiners expect from financial institutions in their BSA/AML/OFAC Risk assessments. 

Course Outline:

  • BSA/AML/OFAC Risk Assessment Expectations
  • Importance of working with all areas of financial institution for establishing appropriate risk ratings for BSA/AML/OFAC
  • Areas to be covered by the risk assessment
  • Risk rating guidelines and suggestions
  • Monitoring of risk ratings 

Learning Objectives 

  • Participants will be able to:
  • Implement effective BSA/AML risk assessments.
  • Implement best-practice risk assessment strategies
  • Advise management on continuous monitoring of BSA/AML risk
  • Advise management of how the BSA/AML risk assessment plays a critical role in the Enterprise Risk Model
  • Recommend BSA/AML risk assessment approaches and oversight
  • Conduct an effective  BSA/AML Risk Assessment for your financial institution 

Who will benefit: 

  • BSA Officers
  • BSA Personnel
  • Audit Personnel
  • Senior BSA management

Speakers profile:

Dr Gina J. Lowdermilk, PhD (ABD) is a highly experienced and educated BSA/AML and financial regulatory compliance professional with extensive experience in BSA/AML policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting. Her focus has primarily been working with financial institutions that are experiencing regulatory issues, 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. Roles have included BSA/AML and compliance, Money Service Businesses, privately owned ATMs, operations, lending services, business development, marketing, management, department development, and asset quality.

Ms. Lowdermilk has worked with almost all 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 for numerous clients.

 

Available Options

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

$185

CD-DVD: Shipped within 2 working days

$285

USB - Shipped within 2 working days

$325

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

$2,655

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

$4,655

Recording Access for 12 Months: Participant can access the training Recording for 12 months from any location

$1,225

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