Managing an Effective AML Compliance Program: 2-day In-Person Seminar

Are the financial transactions within your organization subject to money laundering risk? Do you have a robust internal controls program that focuses on mitigating the greatest AML/Fraud risks? Are your employees aware of the red flags within all financial transaction business processes and know what to do if they find unusual or suspicious activity? Are your company and management are up to date on its compliance requirements and the potential impact of non-compliance?

Whether you need to get back-to-basics or you are a seasoned AML professional, join us as we explore the many facets of managing an effective AML compliance program: Join us as we focus on the following key elements:

• Regulatory frameworks surrounding anti-money laundering
• Objectives of an effective AML compliance program
• Risk assessing your institution
• Developing robust internal controls
• Training for appropriate personnel
• Expectations and duties of the appointed compliance officer
• Effective audit program to ensure adequacy of your AML compliance program

Key goals of this course are:

• To provide an understanding of money laundering and how it can impact an institution
• To review the importance of “tone at the top” and how to implement a compliance-friendly environment
• To learn about the critical internal controls and how these controls can protect your institution
• The course will focus on the 4 pillars of an AML compliance program:
  • Policies, procedures and internal controls
  • Designation of a compliance officer
  • Training for appropriate personnel
  • Independent audit
• To understand the importance of the risk assessment
• To focus on the senior management/board of directors oversight of the Program
• To discuss customer due diligence and know your customer expectations
• To discuss knowing your high risk customers
• To review implementation steps for enhanced customer due diligence
• To discuss red flags indicating unusual or suspicious activity
• To understand detection and reporting requirements under the Bank Secrecy Act
• To discuss recent case studies

BSA/AML Officers, Compliance Officers, AML Analysts, Operations Managers, Remittance Analysts, Consultants, Internal Auditors, Accounting and Finance Directors, Internal Auditors, Legal Departments, Compliance Officers, and Risk Managers at Banks, Broker-Dealers, Residential Mortgage Lenders & Originators, Precious Gems Traders, Money Services Businesses and other nonbank financial institutions.

• Risk Management
• Legal
• Regulatory
• Compliance
• Audit

Laura H. Goldzung, CAMS, CFE, CFCS, CCRP is the President and Founder of AML Audit Services, LLC (“AMLAS”), a boutique consultancy specializing in independent testing of anti-money laundering compliance programs for bank and nonbank institutions, and serves as its principal examiner. In addition, her expertise includes custom training, and compliance consulting services, which includes design Bank Secrecy Act/Anti-Money Laundering and Anti-Fraud compliance programs, custom training, and compliance consulting services.

In a career spanning more than 35 years across multiple sectors of the financial services industry, Ms. Goldzung has worked in a variety of executive leadership roles. Since founding AMLAS, she has co-created sector-specific compliance officer certification programs and tours internationally presenting various AML/Fraud topics for industry-leading organizations, and has authored a number of articles on the topic of AML. Ms. Goldzung has worked with financial institutions that have been referred to enforcement for BSA/AML violations, helping them to bring their AML programs into compliance.

Ms. Goldzung serves as a dispute resolution arbitrator for the Financial Industry Regulatory Authority (FINRA) and contributes to multiple industry programs. She is active with several industry groups including the Association of Certified AML Specialists, Association of Certified Fraud Examiners, Association of Certified Financial Crime Specialists, National Society of Compliance Professionals, SIFMA Compliance & Legal Society and Institute of Internal Auditors. She serves on a variety of industry task forces and committees, and contributes to a number of compliance, industry and university education programs.

For Registration - http://www.complianceonline.com/anti-money-laundering-aml-compliance-program-seminar-training-80114SEM-prdsm?channel=speedycourse          

Note: Use coupon code  NB5SQH8N  and get 10% off on registration.