Michael Schidlow is a financial crime compliance advisory and training consultant with over fourteen years of experience in the legal, compliance, and audit fields. Schidlow has held leadership roles with Bank of America and HSBC, and currently specializes in governance, policy, procedure, and training for consent order remediation across AML, fraud, AB&C, and sanctions subject matter. Michael holds the Certified Fraud Examiner (CFE) and Certified AML Audit Specialist (CAMS-Audit) accreditations, is a licensed attorney, and serves as a professor of criminal justice and ethics.
Financial crime compliance advisory and training consultant
Over fourteen years of experience in the legal, compliance, and audit fields
Previously has held leadership roles with Bank of America and HSBC
Financial crime expert Michael Schidlow will examine commercial lending through the lens of credit and fraud risk. You will learn how to identify evil schemes and protect your institution.
What You'll Learn
What are the most significant fraud and money laundering risks today?
What compliance and oversight failures are most common?
What red flags indicate different fraud typologies?
How are criminals fraudulently taking advantage of COVID-19?
How can you enhance compliance and governance processes?
Financial crime expert Michael Schidlow will reveal data’s power in identifying and combating financial crimes during the COVID-19 pandemic. You will learn how to update your compliance program to incorporate modern data validation practices.
What You'll Learn
Why is data increasing at the core of regulatory findings related to compliance?
What impact is COVID-19 having on data validation requirements?
How are auditors shifting their focus?
How does data affect FinCrime processes?
How can you build current key risk indicators (KRI)?
What sorts of data commonly fall through the cracks?
Financial compliance expert Michael Schidlow will delve into the intricacies of the SAR audit process. You will learn what details must be included and which factors are subject to the most scrutiny.
What You'll Learn
What are the essential SAR requirements?
What testing is typically applied to SAR filings?
How can you enhance overall SAR quality?
How does auditing ongoing reports differ from auditing initial filings?
How should filers tailor reports based on risk assessment?
Financial compliance expert Michael Schidlow will present a fascinating analysis of the financial transgressions revealed by the Tiger King series. You will learn how to prevent criminal enterprises from flourishing.
What You'll Learn
What financial crimes does Tiger King reveal?
How can you identify account holders involved in similar activities?
What actions led to Joe Exotic’s downfall?
How do financial crimes typically start?
How could you have handled the involved parties at your financial institution?
Financial crime expert Michael Schidlow will detail the new ways criminals exploit COVID-19, specifically targeting vaccines and counterfeit goods. You will learn how to identify these risks and follow new guidelines for completing SARs.
What You'll Learn
How are vaccine scams unfolding? How can you identify them?
How are criminals using ransomware to exploit the vaccine supply chain?
What are the risks involved in the sale of counterfeit goods?
Who are the illicit actors involved?
What are the red flags of high-risk transactions?
What are the new SAR filing instructions for vaccine concerns?
Financial crime expert Michael Schidlow will explain the origination, perpetuation, and detection of bribery and corruption schemes. You will learn how to identify these risks in your institution.
What You'll Learn
How do bribery and corruption schemes originate?
What recent corruption cases have appeared in the news?
What key terms, definitions, and concepts should you master?
What fact patterns are common to bribery and corruption cases?
How can you spot the red flags of bribery and corruption?
What are the most effective training and prevention strategies?
Scheduled for 60 minutes including question and answer period.
Financial compliance expert Michael Schidlow will delve into the intricacies of the SAR audit process and reveal the possible changes ahead. You will learn what details you must include and which factors are subject to the most scrutiny.
Topics Covered
What are the essential SAR requirements?
What testing is typically applied to SAR filings?
How can you enhance overall SAR quality?
How does auditing ongoing reports differ from auditing initial filings?
How should filers tailor reports based on risk assessment?
What changes might the Anti-Money Laundering Act of 2020 bring to SAR filing?
Scheduled for 60 minutes including question and answer period.
Financial crime expert Michael Schidlow will reveal how healthcare fraud takes resources away from those who need it the most, generating proceeds that fuel lavish lifestyles, corruption, and other crime. You will learn how to identify, report, and prevent these risks.
Topics Covered
What does the new FinCEN advisory mean for your institution?
How have corrupt practitioners exploited the fentanyl crisis?
What have investigations revealed about healthcare fraud and money laundering?
How can you detect and pursue these detrimental cases?
Financial crime expert Michael Schidlow will provide extensive detail regarding compliance obligations and risk mitigation strategies. You will learn how to protect your financial institution while propelling your career with a respected professional certification.
What You'll Learn
Master laws and regulations with the most significant compliance requirements
Protect your financial institution from potential legal liability
Financial crime expert Michael Schidlow will startle you with examples of the internal fraud that happens in organizations. You will learn how to reduce insider threats.
What You'll Learn
What is the root cause of internal misconduct?
How should you conduct a fraud risk assessment?
What enhanced oversight will enable you to spot fraud and misconduct?
Financial compliance expert Michael Schidlow will expand on regulatory expectations and share audit experience. You will learn how to fine-tune your SAR narratives.
What You'll Learn
What information must SARs include?
How can you make your SARs useful to law enforcement?
What common SAR pitfalls should you avoid?
What do auditors expect to see in suspicious activity reports?
Financial compliance expert Michael Schidlow will detail the recent and potential changes to these regulations. You will look at SAR and CTR filings through the lens of a strong 314a and 314b information-sharing program.
What You'll Learn
What do the latest advisories regarding information sharing require?
How does rescinding the previous guidance affect your institution?
How can you balance customer privacy with government obligations?
What information should you share with other financial institutions?
