The Suspicious Activity Process: How to Identify, Monitor, and Report Suspicious Activity, to include How to Write a Good Suspicious Activity Report

Instructor: Thomas Nollner
Product ID: 706041
Training Level: Intermediate
  • Duration: 60 Min
This webinar will help participants grow their career by providing them with information, skills, and knowledge related to the suspicious activity process, it will help participants become aware of problems and issues related to identifying, monitoring, and reporting suspicious activity, and it will help the participants understand the effects a poor or weak suspicious activity program can have on an institution. By obtaining and utilizing these skills, participants will become a valuable member of their organization and help their organization remain compliant with suspicious activity laws, regulations, and guidelines.

recorded version

$249.00
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
Last Recorded Date: Jul-2019

Training CD / USB Drive

$299.00
One CD/USB is for usage in one location only.
(For multiple locations contact Customer Care)
CD/USB and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-362-2367

Email: [email protected]

Read Frequently Asked Questions

Why Should You Attend:

Every day in your branches situations occur which are considered "suspicious" and may even put your employees and customers into what we will call a "felony moment." If your customer asks "Should I deposit this money?" The answer your officer gives may encourage the customer to structure, and that is a problem for both the customer and the employee. This program will answer commonly asked frontline questions and it will go over the red flags for money laundering for deposits and loans. You won't want to miss this fun frontline approach to red flags and your anti-money laundering program.

The webinar will address issues such as:

  • How can I talk to my customer about currency transactions without getting into a "felony moment"?
  • The money smells like marijuana. Is this something I should be concerned about?
  • The customer told me that she is hiding money from the IRS, should I tell BSA?
  • What are the Red Flags for Elder Abuse?
  • What are some of the scams for loans and mortgages?
  • What are the Red Flags for Identity Theft?
  • When do we tell the BSA officer, and what should we use to communicate?
  • Sample Incident reports for operations, loans and branches
  • The customer washed and ironed the money. Is this suspicious?
  • The customer had me count $15,000 cash and then went to safe deposit box, should I let BSA know?
  • We did not book the mortgage loan so why should I tell BSA that the identification and TIN did not match?

Learning Objectives:

  • Why identifying suspicious activity is so important
  • How to identify suspicious activity
  • How to monitor suspicious activity
  • How to report suspicious activity
  • How suspicious activity reports are used by law enforcement

Areas Covered in the Webinar:

  • Types of suspicious activity
  • How to identify suspicious activity
  • How to monitor suspicious activity
  • How to report suspicious activity
  • How to write a SAR
  • How SARs are used
  • Why SARs are so important
  • How to handle an account after a SAR has been filed.

Who Will Benefit:

  • Front line BSA/AML staff
  • Account opening staff
  • Risk managers
  • BSA/AML Officers
  • Compliance Officers
  • BSA/AML Audit staff
Instructor Profile:
Thomas Nollner

Thomas Nollner
Banking AML and CFT Consultant, Various International Consultant Firms

Thomas E Nollner has more than 38 years of experience in financial institution supervision and consulting. Mr. Nollner spent 30 years as a National Bank Examiner (NBE) for the Comptroller of the Currency where he was a safety and soundness examiner and a compliance examiner. The last 15 years as an NBE and for the past 8 years as a consultant, Mr. Nollner has specialized as an AML/CFT examiner/consultant. In these roles he has analyzed financial institutions’ AML/CFT programs to ensure that they complied with applicable AML/CFT laws, rules, and regulations; he reviewed the suspicious transactions identification, monitoring, and reporting processes; he traced proceeds and transactions through several layers of activity; and he provided AML/CFT training for many different financial institutions. Mr. Nollner currently works as a consultant for the Office of Technical Assistance (OTA), a branch of the U S Treasury that assists developing countries with banking issues. Mr. Nollner is assigned to the Economic Crimes Team that focused on training, assisting, and mentoring the staffs of the financial regulatory departments and financial intelligence units of various countries regarding AML/CFT compliance. In this capacity, he worked in countries such as Afghanistan, Iraq, Turkmenistan, Viet Nam, Honduras, Guatemala, Guyana, Suriname, and Argentina developing AML/CFT examination procedures, providing AML/CFT training and mentoring, and updating local AML/CFT laws and regulations.

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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 [email protected] call +1-888-717-2436 (Toll Free).

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