BSA/AML Officer Advanced Certification

BSA/AML: Prepare for the next step in your career. Earn your ADVANCED certification.

As FinCEN cracks down on institutions and financial crimes become more complex, you need to develop a deeper knowledge of anti-money laundering regulations. You must also understand emerging areas and risks, from cryptocurrency to cannabis.

BSA/AML professionals are in high demand. Advanced knowledge of Bank Secrecy Act requirements will make you eligible for a promotion, raise, or new career opportunity.

BSA/AML Officer Advanced Certification

Webinar 1: FFIEC BSA/AML Examination Manual: What Compliance Officers Really Need To Know

• Table of contents and updates through December 2021
• Core examination overview
• Expanded examination overview
• How to use the manual
•  Appendices

AML Model Validation: A Critical Need In The New Regulatory Environment

• Background and baseline
• Conducting a model validation
• Statistics
• Vendor due diligence

Webinar 2: BSA/AML Contextual Awareness Of High-Risk Customers

• Regulatory environment
• Identifying high-risk customers
• Customer risk rating process
• BSA/AML risk assessment
• Institutional appetite
• Managing high-risk customers

Red Flags Of Money Laundering

• Red flags
• Elder abuse
• Human smuggling vs. human trafficking
• Real estate
• Geographic targeting orders
• Fine arts
• Politically exposed persons, Panama papers
• Digital currencies

Webinar 3: Managing the Alert/Case Clearing Investigation Process

• Industry standard for the investigation
• Documentation process
• Alert/case escalation
• False positive vs. true positive
• OFAC
• Case management system
• Quality assurance

Webinar 4: Writing an Effective SAR Narrative

• How to prepare a narrative
• Identify methodologies for money laundering
• Limits and requirements on when to file
• Formatting the narrative
• Case studies

Webinar 5: Weed, Cocaine, And Heroin: What It Means To Your Bank Or Credit Union

• Today’s marketplace for weed, cocaine, and opioids, including heroin
• FinCEN’s expectations of marijuana-related businesses
• Drug Enforcement Agency fact sheets
• FBI and DEA documentary on opioid abuse
• Summary review of transactions for a SAR narrative

Credits: Live webinars approved for 5.0 CPE credits

Field of Study: Management Services

Prerequisites: Basic Knowledge

Advanced Preparation: None

Delivery Method: Group Internet Based

Certificates of Attendance: BankersWeb certificates of attendance are available to all registered participants completing this webinar.

CareerLearning 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 website: www.nasbaregistry.org.

CareerLearning wants you to be satisfied with your purchase. If this program does not meet your expectations, email us at support@careerlearning.com.

Employers particularly appreciate BankersWeb certifications because they represent definitive confirmation of the mastery of the subject area.

Please follow these steps to earn your certification:

• Attend all the training sessions in their entirety.
• Gain access to the final exam at the conclusion of the last session.
• Take the final exam and receive a score of 80% or better.   

If you have any questions about the certification process, please get in touch with us. We look forward to your participation!

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BankersWeb, a division of CareerLearning, wants you to be satisfied with your webinar. If this webinar does not meet your expectations, email us at service@bankersweb.com.