Bank Secrecy Act (BSA) Audit Best Practices

This BSA audit training will explain how the best practices in a BSA audit have evolved over the years. It will cover the major components of an effective BSA program that the audit focuses on and the specifics of each area as it pertains to BSA audits.

Why Should You Attend:

Although financial institutions have been managing BSA operations per the regulation requirements, the change in focus to BSA audits has been coming increasingly important. Regulators look to the Bank for assurance and evidence that BSA operations are being appropriately audited to ensure that BSA efforts are appropriately implemented and overseen.
This session highlights BSA audit best practices that are being acknowledged and recognized by regulators and examiners. In this webinar, we will discuss the areas that regulators and examiners are primarily focusing on in regards to BSA audits. The areas of focus outlined in this webinar are based on best industry practices and supervisory experience.

Areas Covered in the Webinar:

Implementing BSA audit best practices
Assessing policies and procedures
Comprehensive Risk Assessment
Review of monitoring programs
Determining effectiveness and thoroughness of training programs
Ensuring qualified employee oversight of daily BSA operations
Independent testing

Who Will Benefit:

The following personnel from banks and other financial institutions will benefit from this training:
Bank Secrecy Act / Anti-Money Laundering Officers
Internal Auditors
Staff with roles and responsibilities in BSA / AML management and oversight
Financial Officers
Front Line Staff
Risk Officers
Operational Managers

Instructor Profile:

Dr. Gina J. Lowdermilk, PhD (ABD), CAMS, CRMS, is a highly experienced and educated BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work from small community banks to large, international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality. Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. Gina has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as requested from numerous clients.

Note: Use coupon code and get 10% off on registration, Valid till Dec 31st 2015