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