BSA/AML/OFAC Risk Assessments - Are You Doing Them Correctly: One and Half Day In-person Seminar, Chicago, Thursday, 12. September 2019

"BSA/AML/OFAC Risk Assessments - Are You Doing Them Correctly" - This course is approved by NASBA (National Association of State Boards of Accountancy). Seminar attendees are eligible for 14.4 CPE credits upon completion of this workshop.
Course Description:
Although financial institutions have been managing BSA operations as per the regulatory requirements, the change in focus to appropriate BSA/AML/OFAC risk assessment has become increasingly important. Regulators look to the organization for insurance and evidence that BSA operations are appropriately performing risk assessments. Appropriate risk assessments are essential in an organization’s strategic planning and development, as well as ensuring compliance with laws and regulations.
This Bank Secrecy Act risk assessment seminar will highlight BSA best practices that are being acknowledged and recognized by regulators and examiners and will discuss each risk assessment area. Attendees will learn how to conduct a comprehensive review of their current organization’s BSA/AML/OFAC risk assessment.
Learning Objectives:
Key goals of this BSA risk assessment course are:

To review and evaluate policies and procedures for risk assessments
To help identify your organization’s risks
To determine your organization’s risk threshold based on the organization’s strategic plans and business models
To discuss how to conduct a comprehensive review of your organization’s BSA/AML/OFAC risk assessment, including

Determining completeness of the risk assessments
Determining the thoroughness of risk assessments
Determining if current risk assessment matrixes are appropriate for your organization

To discuss how to establish risk assessments for your organization, specifically:

BSA risk assessments
AML risk assessments
OFAC risk assessments

To illustrate how to perform the risk assessments
To highlight the need for periodically reviewing risk assessments to determine if they are still relevant, appropriate, and adequate
To discuss implementing a BSA/AML/OFAC risk assessment program at your organization 

Who Will Benefit:

BSA / AML Officers
Internal Auditors
Staff with Roles and Responsibilities in BSA/AML Management and Oversight
Money Service Business BSA/AML Officers
Corporate Auditors
Risk Managers
Legal Department Personnel
Compliance Officers


Gina LowdermilkBSA/Compliance Auditor and Consultant

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. She 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.

For Registration -         
Note: Use coupon code REFERRAL10 > and get 10% off on registration.

BSA/AML/OFAC Risk Assessments - Are You Doing Them Correctly: One and Half Day In-person Seminar

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