ComplianceOnline

BSA/AML Contextual Awareness of High Risk Customers

Instructor: William Schlameuss
Product ID: 705472
  • 3
  • October 2017
    Tuesday
  • 11:00 AM PDT | 02:00 PM EDT
    Duration: 60 Min

Live Online Training
October 03, Tuesday 11:00 AM PDT | 02:00 PM EDT | Duration: 60 Min

$199.00
One Dial-in One Attendee
$399.00
Group-Max. 10 Attendees/Location
(For multiple locations contact Customer Care)

recorded version

$229.00
1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section 48 hrs after completion of Live training

Training CD

$399.00
One CD is for usage in one location only.
(For multiple locations contact Customer Care)
CD and Ref. material will be shipped within 15 business days after completion of Live training

Combo Offers

Live + Recorded Version

$329.00

Live + Training CD

$499.00

Customer Care

Fax: +1-650-565-8542

Email: customercare@complianceonline.com

Read Frequently Asked Questions

This webinar will highlight the steps to identify and evaluate high-risk customers. Learn how to perform BSA, AML risk assessments.

Why Should You Attend:

The management of compliance risk requires a thorough evaluation of the customer base. Determining the risk rating of a customer – especially those seen as High Risk – plays an important role in the construction of a complete and accurate BSA/AML Risk Assessment. The determination of High Risk Customers may involve a wide array of variables, carefully rated and scored, or a single variable that overrides all others. The factors to calculate high risk – or any risk – must drive an on-boarding system – computer-based or manual. How many high-risk customers must an institution have before the meaning of high risk becomes meaningless? The USA Patriot Act has laid out the requirements for Customer Due Diligence and Enhanced Due Diligence for High Risk customers. The recently implemented FinCEN CDD Rule which formalized the concept of beneficial ownership, provides guidance for the management of high risk customers.

This webinar will examine the regulatory background behind the determination of high risk, weighting and rate factors leading to high risk scoring, and asking when is a high-risk customer too hot to handle, what is the risk appetite of the institution.

Learning Objectives:

  • High Risk Customers and the BSA/AML Risk Assessment
  • What makes a Customer High Risk – Institutional Risk Appetite
  • Evaluating and Validating Rating Factors
  • Enhanced Due Diligence Considerations
  • Can an Institution have too Many or too Few High-Risk Customers

Areas Covered in the Webinar:

  • The Customer Risk Rating Profile
  • What is High Risk?
  • The On-boarding System
  • The BSA/AML Risk Assessment
  • Country Risk Ratings

Who Will Benefit:

  • BSA/AML Officers
  • Compliance Officers
  • Chief Compliance Officers
  • Sanctions Officers
  • AML Analysts
  • Chief Risk Officers
  • Legal Departments Personnel
  • Risk Managers
  • CEO/Presidents at Banks
  • Broker-Dealers
  • Money Services Businesses
Instructor Profile:
William Schlameuss

William Schlameuss
Consultant, ARC Risk and Compliance

William Schlameuss has over 20 years’ experience in regulatory compliance, including BSA/AML/OFAC. He has worked with a wide range of US branches of major foreign banking organizations from all continents, both as chief compliance officer and compliance consultant. He has a prior background in IT as manager and implementer of core banking and payment systems, as well as compliance-related systems.

Mr. Schlameuss has extensive experience with State and Federal Banking regulators in examination preparation, assistance and response, including assistance in the remediation of written agreements for clients.

As a project manager Mr. Schlameuss has led BSA/AML audits, BSA/OFAC Model Validations, remediation efforts of BSA audit issues, and BSA/OFAC look-backs for international banks, both self-imposed and directed by regulatory authorities. Model Validations included Prime, FCRM, Patriot Officer, Actimize, and eGIFTS.

He has conducted the Annual 3130 Supervisory Reviews for Broker-Dealers of the US branches of major FBOs. Mr. Schlameuss is also a member of the Association of International Bank Auditors and the International Bank Regulatory Compliance Committee.

Follow us :
AML/BSA Boot Camp
COSO Framework for Internal Controls, Risk Assessment and Financial Statement Audit

Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email customercare@complianceonline.com call +1-888-717-2436 (Toll Free).

Product Reviews

This product hasn't received any reviews yet. Be the first to review this product! Write review

Best Sellers
You Recently Viewed
    Loading