Job-Specific BSA Training for Lending Department Webinar

Your lending area is busier than ever. In the midst of this chaos you are still expected to adhere to the requirements of the Bank Secrecy Act and ensure you are following your policies and procedures to protect your institution from fraud incidents.

Your lending area is busier than ever. In the midst of this chaos you are still expected to adhere to the requirements of the Bank Secrecy Act and ensure you are following your policies and procedures to protect your institution from fraud incidents.

Lenders are often the first line of defense in identifying and reporting suspicious activity at your institution, but the transaction types and method for originating a new loan is often very different from the types of transactions and account opening methods used on the deposit frontline. Therefore, it’€™s crucial that lending department staff receive tailored initial and annual training on BSA/AML requirements and fully understand what is expected during their day-to-day duties. This session will detail BSA/AML rule components, including red flags for mortgage and commercial loan fraud, CIP documentation, CDD rules-including documenting beneficial ownership, OFAC screening, CTR completion, and much more! Arm your lending department with the knowledge and tools needed to comply with each of these critical BSA requirements.

Program Highlights

  • Overview of the five pillars of BSA
  • Identifying and report suspicious activity
  • Understanding your OFAC screening responsibilities
  • The importance of an accountholder risk profile
  • Gathering the information required to meet beneficial ownership requirements
  • Currency Transaction Reporting rules and how to avoid errors
  • Red flags for hot-button, high-risk activities, including elder financial exploitation, marijuana-related businesses, human trafficking and pandemic-related fraud
  • Penalties for noncompliance

Who Should Attend?

This informative session is designed for loan officers, loan operations staff, BSA officers, BSA staff, branch personnel, risk managers, compliance officers, and auditors.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

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Related Topics

Instructor

Dawn Kincaid
Dawn Kincaid

Dawn Kincaid began her banking career while attending The Ohio State University. She has 19 years’ experience in client service, operations, information technology, administrative and board relation... read more.

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
Job-Specific BSA Training for Lending Department0.25 Any AnyWebinarSix Month On-Demand Recording Dawn Kincaid$295.00 Register Now
Job-Specific BSA Training for Lending Department0.25 Any AnyWebinarCD-ROM Video Recording Dawn Kincaid$345.00 Register Now
Delivery Options

LIVE WEBINAR:
INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

CD-ROM VIDEO:
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

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