Upcoming Webinars
Members and nonmembers are invited to register for all of our upcoming webinars.
Upcoming Webinars
Members and nonmembers are invited to register for all of our upcoming webinars.
October 30, 2024 | 2:00 pm
BSA Due Diligence from a Banker’s Bank perspective: What Your Banker’s Bank Is Doing For You
$225.00
Your financial institution could benefit from a Banker’s Bank BSA perspective. This session will help you understand what BSA due diligence is required for a correspondent bank, what are the red flags for suspicious wire transactions and current trends. We will also advise how a correspondent bank’s BSA team reviews internal escalations of wire transactions that need further investigations. We will examine wire transactions that may need additional information and what extra due diligence is required when the wire transaction is escalated. In addition, we will provide examples on how a client financial institution can assist their Banker’s Bank.
Program Highlights
- Who we are and what due diligence do we perform that enhances our customers’ program?
- What is correspondent banking and who are our customers?
- Correspondent banking vs Retail
- BSA/AML/OFAC regulations we follow
- Atlantic Community Bankers Bank (ACBB) BSA’s responsibilities
- What is a wire transaction for ACBB
- Wire questions for additional information
- Examples of suspicious wires
- Current trends of fraud or suspicious wires
- ACBB Prohibited countries
- Request for information (RFI) process
- Examples of how a client financial institution could assist ACBB when it comes to a wire transaction
CE CREDITS: TBD
PRESENTER/ PRESENTERS:
Jenny Tasavanh, Senior BSA Analyst, CAMS at ACBB
Jenny Tasavanh is the Senior BSA Analyst of ACBB and has been with ACBB for 3 years in November. She lives in Cranston, Rhode Island and has 10+ years of experience in the AML/BSA industry.
Tracy Thorndike, BSA Analyst at ACBB
Tracy Thorndike is a BSA Analyst with ACBB and has been with ACBB for almost 2 years. She lives in New Milford, Connecticut and has almost 30 years of banking experience with almost 8 of those years in the AML/BSA industry.
Amber Gouchoe, BSA Analyst, CAMS at ACBB
Amber Gouchoe is a BSA Analyst with ACBB and has worked with ACBB for 6 years, previously in the Deposit Operations department. She lives in Coventry, CT and has almost 10 years of banking experience with 2 years of those years in the AML/BSA industry.
MODERATORS: Jim Nemecek & Jennifer Cliber Smith of Compliance Anchor
WHO SHOULD ATTEND: This informative session is designed for BSA Officers, BSA coordinators, Compliance Officers, Security Officers, and Operation coordinators.