Learning Objectives:

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

Who Will Benefit:

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