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?
Training Overview
Bank customers and credit union members often fraudulently try to access credit. Some lenders overlook risk or ignore glaring inconsistencies in client documentation. With the sheer volume of data, there is a wide margin of error in credit and compliance risk. COVID-19 has exacerbated this problem, leading to an increase in fraud.
By recognizing how borrower misbehavior and lender misconduct enable fraud, you can minimize risk. Lending in the age of COVID-19 requires you to examine fraud schemes, particularly new techniques to take advantage of PPP and SBA lending.
- 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?
Who Should Attend?
- Finance professionals
- Compliance officers
- Credit/lending specialists
- Lawyers
- Accountants
- Bookkeepers
- Underwriters
- Relationship managers
- Bankers
Expert Presenter
Michael Schidlow
- 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
- Certified Fraud Examiner (CFE)
- Certified AML Audit Specialist (CAMS-Audit)
- Licensed attorney
- Professor of criminal justice and ethics