Tim Dunfey is a financial crimes compliance attorney and consultant with 20+ years of experience in financial services management, sales, operations, and compliance. After receiving his J.D., being admitted to the bar and legal practice, Mr. Dunfey was the Deputy BSA Officer at Great Florida Bank, where he assisted in the implementation of the automated monitoring system, managed complex investigations, and filed SARs. He held the role of Compliance Officer in Citibank. As a Promontory Financial Group consultant, he represented Boards regarding regulatory deficiencies, managed FCC improvement projects, and conducted audits or risk assessments.
Financial crimes compliance attorney and consultant with over 20 years of experience in financial services management, sales, operations, and compliance
Currently overseeing legal and compliance matters for a credit card company
Previously Compliance Officer at Citibank, overseeing EDD for the highest risk customers, and Deputy BSA Officer at Great Florida Bank
As a consultant with Promontory Financial Group, represented boards regarding regulatory deficiencies, managed numerous FCC improvement projects, and conducted audits and risk assessments across a wide variety of financial institutions
5 Sessions scheduled for 60 minutes including question and answer period.Monday, July 24 - Friday, July 28, 2023; 12:00 PM Eastern or Monday, September 25 - Friday, September 29, 2023; 12:00 PM Eastern
Regulatory expert Timothy Dunfey will lead this comprehensive series. Start the year with new knowledge and increased value.
Benefits of Certification
Hear practical solutions and best practices from an industry expert
Manage your institution’s BSA/AML program while minimizing risks
Demonstrate to regulators that your institution is serious about its responsibilities
Scheduled for 60 minutes including question and answer period.
Financial compliance attorney Timothy Dunfey will explain the wide gamut of risks that third-party relationships bring to financial institutions. You will learn how to update your risk management processes to monitor and constrain liability caused by vendors.
Topics Covered
What risks are associated with third-party relationships?
What risk management process should you employ?
How should you conduct due diligence of vendors?
What risks should vendor contracts anticipate and include?
How can you monitor third parties?
What are the best techniques for assessing third-party risk?
Financial compliance attorney Timothy Dunfey will explain the latest CCPA requirements. You will learn the specific steps your institution must take to comply.
Topics Covered
What are consumers’ rights under the CCPA?
How does CCPA differ from GLBA and GDPR?
What are the recent regulatory updates related to CCPA?
What steps should financial institutions take to ensure compliance?
Financial compliance attorney Timothy Dunfey will share the latest state of cryptocurrencies. You will learn how to anticipate and manage related risks.
What You'll Learn
What are the most common cryptocurrencies? What are their uses?
Which financial institutions are using cryptocurrencies?
How are laws expected to change? How will the industry evolve?
What are the risks associated with cryptocurrencies?
What risks do financial institutions face related to cryptocurrency financial crime?
How should you manage the current risks and anticipated changes?
Financial compliance attorney Timothy Dunfey will explain the basic concepts behind cryptocurrencies and their current uses. You will learn how these alternative currencies will affect you and how to avoid risks.
What You'll Learn
What are the basic functions of money? How do cryptocurrencies fulfill them?
What are the current real-world uses for alternative currencies?
How do Bitcoin, Litecoin, and other cryptocurrencies differ?
What are the uses of blockchain and smart contracts?
Financial compliance attorney Timothy Dunfey will highlight the escalating risks associated with third-party relationships and explain the details of relevant regulations you must follow to contain them. You will learn how to protect your institution.
Topics Covered
What are the risks associated with third-party relationships?
What risk management process should you follow for these vendors?
What supervisory process is related to third-party risk?
Financial compliance attorney Timothy Dunfey will suggest how your institution can approach cryptocurrency. You will learn how to anticipate and contain risk while meeting accountholders’ expectations.
What You'll Learn
What regulations cover banking digital assets?
How are financial institutions using digital assets today?
How will evolving laws change cryptocurrency use?
What are the risks of not offering digital asset deposits?
What risks related to digital assets do financial institutions face?
Risk and compliance expert Timothy Dunfey will demonstrate how criminals exploit cryptocurrency today. You will learn how to identify and stop fraudulent transactions as your institution expands its exposure to virtual currencies. Gain insight through our comprehensive program, and earn your certification with BankersWeb.
Sessions Include:
Cryptocurrency Risk Detection And Reporting
Mitigating Cybercrime In Cryptocurrency Transactions
Program Management And Managing Threats From Third-Party Service Providers
Financial compliance expert Timothy Dunfey will share the details of all the newest BSA/AML priorities and developments. You will learn how to adapt your practices to fulfill the current regulatory requirements.
Topics Covered
What are the 2022 national anti-money laundering priorities?
What do the 2022 FFIEC Exam manual updates entail?
How have AML/CTF regulations changed over the past year?
What impact will these changes have on your institution?
Risk and compliance expert Timothy Dunfey will distill the new requirements and detail the specific steps you must take to comply. You will learn how to start adapting your procedures immediately to meet the May deadline.
Financial compliance expert Timothy Dunfey will distill the latest expectations. You will learn how to update your procedures and protect your elderly clients.
Topics Covered
What types of elder financial exploitation are most prevalent?
What red flags will help you detect elder financial abuse?
What specific steps should your institution take to prevent exploitation?
How does the latest FinCEN advisory affect your organization?
Why is this a growing issue requiring procedural updates?
How should you report elder financial exploitation?
