How BSA/AML risk assessments play a critical role in the enterprise risk model

April 11th, 1:00 PM - 2:00 PM EDT

If appropriate risk ratings are important for your business, then we have the right module for you in this webinar.

This session will summarize the importance of performing BSA/OFAC/AML risk assessments properly and the various components needed for implementation. Understand;

• Effective risk assessments
• Best practice strategies
• Continuous monitoring
• How it plays a critical role in the enterprise risk model
• Recommended approaches and oversight

Key Take Away

This AML compliance program webinar will summarize the importance of performing BSA/OFAC/AML risk assessments properly and will discuss the various components needed to implement an effective BSA risk assessment.

Overview

This webinar will explain what is needed to maintain an appropriate risk assessment on-going of BSA/AML/OFAC.

Why Should You Attend

This webinar will provide insight in to what regulators and examiners expect from financial institutions/financial regulatory compliance professionals in their BSA/AML/OFAC risk assessments.

Areas Covered in this Webinar

• BSA/AML/OFAC risk assessment expectations
• Importance of working with all areas of financial institution for establishing appropriate risk ratings for BSA/AML/OFAC
• Areas to be covered by the security risk assessment
• Third party vendor risk assessment examples, risk rating guidelines and suggestions
• Monitoring of risk ratings

Learning Objectives

• Conduct an effective BSA/AML Risk Assessment for your financial institution
• Implement effective BSA/AML risk assessments
• Implement best-practice risk assessment strategies 
• Advise management on continuous monitoring of BSA/AML risk
• Advise management of how the BSA/AML risk assessment plays a critical role in the Enterprise Risk Model
• Recommend BSA/AML risk assessment approaches and oversight

Who Will Benefit

• BSA Officers
• BSA Personnel
• Audit Personnel
• Senior BSA management

Speakers Profile

Gina Lowdermilk 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.

Others Details

For more details and updates please visit webinar website