Introductory BSA/AML Examiner School, Providence, RI

Risk Assessment Amy Richardson and Jack Powell

9:00 AM

Develop an understanding of the risk assessment implemented and utilized to determine the bank risk profile. The case study performed throughout the course will begin with the development of an initial risk assessment utilizing the bank risk profile, an analysis of bank activity, and the review of a prior examination report. The case study will then be built upon in the following sessions throughout the course.

Break

10:15 AM 10:30 AM 11:45 AM 1:00 PM

Risk Assessment Continued

Lunch

Core BSA Exam Procedures Amy Richardson and Jack Powell

This module will provide an understanding of the core BSA exam procedures, including examples, of the following areas: Customer Identification Program; Customer Due Diligence; Suspicious Activity Reporting; Currency Transaction Reporting & Exemptions; Information Sharing; Monetary Instruments Recordkeeping; Funds Transfers Recordkeeping; and OFAC.

Break

2:15 PM 2:30 PM 4:00 PM

Core BSA Exam Procedures Continued Wrap-Up Session Amy Richardson and Jack Powell

Adjourn

4:30 PM

Wednesday, May 22, 2019 8:30 AM

Review of Day 2 Material Jack Powell and Amy Richardson Core BSA Exam Procedures Continued

9:00 AM 10:15 AM 10:30 AM

Break

OFAC – Beyond the Bank Customers A guest speaker from OFAC will discuss current developments and advisories issued.

Lunch

11:45 AM 1:00 PM

BSA/AML Compliance Program Structures (Enterprise-Wide Compliance) Jack Powell and Amy Richardson In this module, we will assess the organization's enterprise-wide program for BSA/AML compliance through holding company or lead institution. This will include the risk associated with subsidiaries and affiliates Beneficial Ownership (trusts, lawyers, property managers).

Break

2:15 PM