Show the regulators that your institution puts a premium on BSA/AML/OFAC compliance!
The LexisNexis® Sheshunoff™ Advanced BSA Certification is your opportunity to update the in-depth knowledge and resources you need to effectively manage the BSA/AML function at your financial institution. Plus, you’ll earn a professional BSA designation! With this in-depth, training program you can:
• Effectively manage money laundering issues for your financial institution
• Anticipate and control risk for your institution
• Protect your institution from civil and monetary penalties
Agenda
This Advanced BSA/AML training and certification program offers you the flexibility to attend the entire program in-house. Our comprehensive program includes 4 interactive sessions as well as an accompanying manual. This valuable self-study guide covers the Bank Secrecy Act, USA PATRIOT Act, Anti-Money Laundering Requirements and OFAC Requirements.
The advanced program will contain a review of all issues covered in the regular certification course, but will go into more detail regarding higher-level BSA Compliance Program matters, especially as they relate to Senior and Executive Management including the Board of Directors. BSA/AML regulations and focus including terrorist financing and OFAC continue to evolve and this program will address current trends and advisories to ensure that you are up-to-date with your compliance program. During the webinar portion of the training, our expert will give you the information and skills needed to administer this critical function, and will address:
• BSA/OFAC/Anti-Money Laundering/Patriot Act General Requirements
• CTR’s and Exemptions
• BSA Management and Independent Testing
• What You Should Expect and how to choose an Independent Examiner
• CIP, 314 and Other issues
• How to perform a successful BSA/AML Risk Assessment
• How to Prepare for a BSA/AML Examination
• Money Laundering and OFAC
• SAR Reporting and Administration
• Due Diligence and Enhanced Due Diligence
• Discuss Shortcomings of Financial Institutions that have Regulatory Issues
• BSA/AML training including the Board of Directors
• Conducting BSA/AML Investigations
To be eligible for this course, attendees must have completed the LexisNexis® Sheshunoff™ BSA Certification course and exam. Training will be conducted twice daily, from 11-12:30 and 2:30-4 Eastern Time. Each 90-minute session consists of a presentation, interactive review questions and open time for attendees to ask questions. Attendees present for all 4 webinars and who complete a survey will receive a certificate for 4.5 continuing education credits. Those unable to attend a specific session will have access to audio recordings for all sessions along with presentation material on a secure website.
Benefits of Certification:
Upon successful completion, candidates who meet the requirements below will earn certification from LexisNexis® Sheshunoff™ – a certification that shows your employer and regulators that you have met the standards of education, experience and skill required for this prestigious recognition by the industry leader in bank compliance.
To qualify as a LexisNexis® Sheshunoff™ Certified Advanced BSA Officer:
• Successfully complete the foundation BSA course sessions and pass final exam.
• Successfully complete the advanced course sessions and pass final exam.
• After purchasing the webinar course, you will receive an email with instructions for logging in on LexisNexis University (LNU), where you can download course materials, log-in to your webinar, take your exam, and receive your certificate.
• Log into LNU www.lexisnexis.com/university and click on ‘My Classes’ and then ‘My Exams’. Email us at SISWebinars@lexisnexis.com if you need assistance.
• Registrants have up to 90 days from the date of purchase to take the exam.
• Students must have a grade of 70% or higher to obtain certification. Students will have 2 attempts to pass.
• Complete 5 hours of related continuing education in the year between the initial course and the recertification. We recommend you purchase one of the continuing education packages also available on our website. Submit proof of hours completed to SISWebinars@lexisnexis.com.
• Certification expires two years after the date it was issued. To recertify, students must attend a new preparation course or have a current subscription to the manual, and must retake the exam.
Who Should Attend
• BSA Officers
• Compliance Specialists
• Quality Assurance Managers
• Security Officers
• Risk Managers