BSA/AML Officer Certification

The ever-evolving landscape of financial regulations has intensified scrutiny and rigorous enforcement of anti-money laundering (AML) and Bank Secrecy Act (BSA) laws. Non-compliance can lead to hefty fines and compromise an organization's reputation. Certification of BSA/AML officers is in high demand, as these experts play a crucial role in protecting institutions from risks. With our comprehensive BSA/AML Officer Certification program, you will gain in-depth knowledge of the latest regulations, compliance requirements, and best practices. With our expert-led training, you will be able to navigate the complexities of AML compliance confidently, ensuring that your organization always remains on the right side of the law. This comprehensive certification series will be led by regulatory compliance expert Timothy Dunfey. Comply with BSA/AML regulations to protect your institution and enhance your job security.

What You'll Learn

During this important 5-session certification series our expert presenter will discuss:

• Review of BSA and AML regulatory requirements
• Review best practices for compliance
• 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
• Advance your career
  

What You’ll Also Receive

• All courses include a PDF version of the presentation slides along with any additional materials or resources provided by the presenter
• One certification exam attempt is included
  

BSA/AML Officer Certification Program Outline
Webinar 1: Introduction to and Overview of the Bank Secrecy Act (BSA)

• Regulators and law enforcement – OCC, FRB, FDIC, FINCEN, SEC, state regulators, DOJ
• Regulators and law enforcement – BSA, Patriot Act, OFAC
• Financial institutions and other regulated entities – 31 CFR 5312
  

Webinar 2: BSA Reporting Requirements

• Negotiable Instrument Log (NIL) and Currency Transaction Reports (CTR)
• 314(a), 314(b) and special measures
• Suspicious Activity Reporting (SAR)
  

Webinar 3: Patriot Act I – Controls

• The five pillars of AML
• Training, BSA officer, and audit
• Policies and procedures
  

Webinar 4: Patriot Act II – Controls Continued

• CIP and KYC
• CDD and CRR
• Normal and expected activity
  

Webinar 5: Program-Level Expectations And Requirements

• Governance
• Risk assessments
• Transaction monitoring
• OFAC