AML/BSA Boot Camp
Gina J. Lowdermilk, BSA/Compliance Auditor and Consultant
Coming soon.. Please contact customer care for new schedule
||"AML/BSA Boot Camp" - This course is approved by NASBA (National Association of State Boards of Accountancy). Seminar attendees are eligible for 16.5 CPE credits upon completion of this workshop.
The BSA / AML / OFAC Compliance Officer is responsible for developing, implementing and administering all aspects of the Bank Secrecy Act Compliance Program, and for assuring that the bank is in compliance with the Bank Secrecy Act, USA Patriot Act, OFAC, and all other applicable laws.
Currency Transaction Reports and Bank Secrecy Act began in 1970. While the basic premise has remained the same, the amount of bureaus and regulations has reached staggering proportions. The BSA exam manual is now 442 pages. The Treasury Department has designated FinCEN, Financial Crimes Enforcement Network, to oversee the Bank Secrecy Act. Civil Monetary Penalties for non compliance from thousands to millions of dollars continue to make headlines. Willful disobedience can be blamed on the board of directors down to the compliance department.
The federal government requires all banks and credit unions to have a board designated Bank Secrecy Act Officer. FinCEN also requires the BSA Officer and team are well qualified and trained to carry out the duties of this important position. Employees at the financial institutions are required to have initial and ongoing training on money laundering and BSA. Many people choose to outsource employee training, but this course will teach the teachers how to teach. You will be recognized within the bank or credit union as the go to expert.
This interactive two day class prioritizes and focuses on the framework, education and tools needed to properly manage this department within a financial institution. Attendees will participate in case studies, discussions and real world scenarios that they can take back to their departments to implement regardless of their asset size.
- Learn how the four pillars of BSA need to be implemented with appropriate policies and procedures to effectively manage compliance within the laws.
- Learn different agendas to train the board of directors, lenders, loan processors, customer service, tellers and other front line staff.
- Learn about monitoring for and completing currency transaction reports.
- Learn about monitoring for and completing suspicious activity reports.
- Learn how to bank money service businesses that they and your bank will appreciate.
- Learn how the roles of FinCEN, OFAC and the USA Patriot Act impact your institution.
- Learn how to think like a crook so you develop that "gut feeling".
Seminar Fee Includes:
USB with seminar presentation
Hard copy of presentation
$100 Gift Cert for next seminar
Areas Covered in the Seminar:
- 4 Pillars of BSA/AML Program
- Board Training and Job Specific Training
- Case Studies
- Currency Transaction Reports
- Suspicious Activity Reports
- Money Service Businesses
- USA Patriot Act
- Customer Identification Program
- Customer Due Diligence
- Enhanced Due Diligence
Who will Benefit:
- Bank Compliance Officers and Assistants
- Bank Secrecy Act Officers and Assistants
- Bank Secrecy Act Analysts
- Credit Union Compliance Officers
- Internal Auditors
- Staff with BSA/AML oversight responsibilities
- Risk Managers
We are registered with and adhere to the Statement on Standards for Continuing Professional Education programs of the National Registry of CPE Sponsors. Our registration number is 109066. Please check with the governing body of your license and state for specific CPE requirements. Grievances may be forwarded to the company at 650 620 3961. Grievances may also be forwarded to the National Registry of CPE Sponsors-NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417, 615-880-4200, www.learningmarket.org, e-mail email@example.com.
Field of Study:
- Auditing: 2.4 CPE Credits
- Business Management & Organization: 4.8 CPE Credits
- Regulatory Ethics: 9.3 CPE Credits
- Total CPE credits earned in this workshop: 16.5 CPE Credits
Program Delivery Method: Group-Live
Program Level: Intermediate
Advance Preparation/Program Prerequisites: None
|Day 1 (8:30 AM – 5:00 PM)
||Day 2 (9:00 AM – 4:30 PM)
- 8:30 – 9:00 AM: Registration
- 9:00 AM: Session Start Time
- 9:00 - Program outline. Why BSA? How did it get started? How to operate it?
- 9:15 - How to take notes
9:30 - 4 Pillars of BSA/AML Program
- Items to study
- Need action plan to implement
- Need to update policy or procedure
10:30 - Break
10:45 - Board Training
11:00 - Job Specific Training
11:15 - Front Line Training
11:45 - Morning wrap up. Case Study
12:00 - Lunch
1:00 - Currency Transactions
- System of internal controls to monitor compliance
- Currency Transaction Reports
- Monetary Instrument Logs
- Wire Transfers
- Paypal and other virtual or digital currency
- Independent testing
- Board designated BSA Officer/staff
- Training for staff - How to train your board and employees
2:00 CTR Case Studies
2:30 Suspicious Transactions
- Aggregating Large Currency Transactions
- The New “BSA – CTR”Electronic Form
- CTR Exemptions
- Monetary Instrument Logs
3:30 - SARS by the numbers
3:45 - Break
4:00 - Money Service Businesses
4:30 - Day 1 review. Case Study. How would you launder money?
5:00 - Dismiss
- Investigating ( Including proper use of the 314b Voluntary Sharing to make your investigations more effective)
- Reporting – The New “BSA-SAR” Electronic Form
- 9:00 - Day one review
- 9:15 - The role of FinCEN
- 9:30 - The role of OFAC
- 9:45 - USA Patriot Act
- 10:00 - 314A scans and other watch lists
- 10:15 - Discuss current exams
- 10:30 - Break
- 10:45 - Risk Assessment
11:45 - Morning Wrap Up. Questions
12:00 - Lunch
1:00 - CIP (Customer Identification Program)
1:30 - CDD (Customer Due Diligence)
2:00 - EDD (Enhanced Due Diligence)
2:30 - Break
3:00 - BSA tools and software
3:30 - BSA for Tellers: Detecting Suspicious Activities
4:00 - Case Studies, Questions, Wrap up.
4:30 - Dismiss
- Tailoring to the Financial Institution
- Risk Rating of Customers
Meet Your Instructor
||Gina J. Lowdermilk
BSA/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 experience in policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting . 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 almost all 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 for numerous clients.
Register by P.O. / Check
Yes, I want to attend "AML/BSA Boot Camp".
Click here to download P.O. form
If you are paying by check:
Checks should be payable to MetricStream Inc. (our parent company) and mailed to:
2479 East Bayshore Road
Palo Alto, CA 94303
Send your team for maximum benefit.
Get your team up to speed!
Significant tuition discounts are available for teams of two or more from the same company. You must register at the same time and provide a single payment to take advantage of the discount.
||Get 10% off
|3 to 6 Attendees
||Get 20% off
|7 to 10 Attendees
||Get 25% off
||Get 30% off
Call toll free on +1-888-717-2436 if you have any queries.
Register by Wire Transfer
If you wish to pay by wire transfer, please call us toll free on +1-888-717-2436
Terms & Conditions to Register for the Seminar/Conference/Event
Your registration for the seminar is subject to following terms and conditions. If you need any clarification before registering for this seminar please call us @ +1-888-717-2436 or email us @ firstname.lastname@example.org
Payment is required 2 days before the date of the conference. We accept American Express, Visa and MasterCard. Make checks payable to MetricStream Inc. (our parent company).
Cancellations and substitutions:
Written cancellations through fax or email (from the person who has registered for this conference) received at least 10 calendar days prior to the start date of the event will receive a refund — less a $200 administration fee. No cancellations will be accepted — nor refunds issued — within 10 calendar days before the start date of the event.
On request by email or fax (before the seminar) a credit for the amount paid minus administration fees ($200) will be transferred to any future ComplianceOnline event and a credit note will be issued.
Substitutions may be made at any time. No-shows will be charged the full amount.
We discourage onsite registrations, however if you wish to register onsite, payment to happen through credit card immediately or check to be submitted onsite. Conference material will be given on the spot if it is available after distributing to other attendees. In case it is not available, we will send the material after the conference is over.
In the event ComplianceOnline cancels the seminar, ComplianceOnline is not responsible for any airfare, hotel, other costs or losses incurred by registrants. Some topics and speakers may be subject to change without notice.
Attendance confirmation and documents to carry to the seminar venue:
After we receive the payment from the registered attendee, an electronic event pass will be sent to the email address associated with the registrant 5 working days before the seminar date. Please bring the pass to the venue of the event.
Conference photograph / video:
By registering and attending ComplianceOnline conference, you agree to have your photographs or videos taken at the conference venue and you do not have any objections to ComplianceOnline using these photos and videos for marketing, archiving or any other conference related activities. You agree to release ComplianceOnline from any kind of claims arising out of copyright or privacy violations.
If you wish to partner with us for this event
contact us: email@example.com
call us: +1-888-717-2436.
Media Partner Benefits
- Logo and company data on the event website.
- Logo on the conference material distributed during the conference.
- Media partner’s brochure distributed along with conference material.
- Logo on all the mailings before and after the event.
- 10% discount to media partner's subscribers.
Media Partner To Do
- Banner (min 728x90 or 468x60) on the media partner website.
- Insertion of the event in the event calendar, both printed and/or online.
- Announcement article of the conference on the magazine and/or website.
- Dedicated email blast to media partner’s subscribers.
- Article on the magazine and/or website after the conference.
If you wish to sponsor this event
contact Cruise Webster: firstname.lastname@example.org
call us: (207) 576-4173
Boston Public Garden
This Frederick Law Olmsted-designed park, famous for its Swan Boats, has over 600 varieties of trees and an ever-changing array of flowers. It is America's first public garden.
Boston Public Library
The Boston Public Library was the first large municipally-funded public library in America. It has a central location right in the heart of Copley Square, facing the Trinity Church, easily accessible by taking the Green Line to Copley station (or also near to Orange Line Back Bay stop).
Fenway Park is the oldest Major League baseball park in the United States. Its small, intimate atmosphere really allows you to feel like you are "in the game." The park is situated right in downtown Boston - so it is very accessible if you are visiting the area.
Museum of Fine Arts
Boston's oldest, largest and best-known art institution, the MFA houses one of the world's most comprehensive art collections and is renowned for its Impressionist paintings, Asian and Egyptian collections and early American art.
Museum of Science
The Boston Museum of Science is a long-standing tradition for families in Boston, but that doesn't mean adults won't enjoy themselves too! Their exhibits range from dinosaurs to space travel to wildlife to physics to human biology to an in-depth look at Boston's "Big Dig" project.
This Italian neighborhood, Boston's oldest, is known for its wonderful restaurants and historic sights.
Old North Church
The signal from the steeple of Boston's oldest church triggered the War for Independence that led to the birth of America. On that fateful night in 1775, the two lanterns in the steeple told Paul Revere that the British were approaching by boat, not on foot.