Why Do You Need BSA/AML Training for Branch Management?
Over the past several years the financial services industry has made significant strides in money laundering detection and prevention. It is imperative that every employee at every financial institution around the world must understand and follow the laws, regulations, policies and procedures that guard against terrorist financing and other types of money laundering. When banks are found non-compliant, they may face significant penalties, including large fines and closure. When bank employees are found non-compliant, they may be banned from the banking industry!
Focus on BSA/AML for Branch Management is the solution your organization needs!
What's the Course Like?
Focus on BSA/AML for Branch Management will teach your branch managers everything they need to know about BSA/AML laws in the United States and the relevant BSA/AML policies and procedures. Participants will become engaged in the interactive process with text, graphics, sound and activities that reinforce key learning concepts.
For a full demonstration of Focus on BSA/AML for Branch Management, contact one of our qualified representatives by clicking here. Or you can call us toll free at 888.433.2666, internationally at +1.212.631.9400, or email support@bankersacademy.com.
Your Policies. Your Procedures.
Focus on BSA/AML for Branch Management is fully customizable. Our modular approach and hands-on exercises, combined with our experiences with bank customers, products, policies and procedures, allows us to quickly and efficiently create training specifically tailored to what your people need to know.
For more information on customizing Focus on BSA/AML for Branch Management to meet your training needs click here. You can also call us toll free at 888.433.2666 or internationally at +1.212.631.9400.
What’s Covered In The Course?
- The Bank Secrecy Act (BSA)
- Red Flags of Money Laundering
- Currency Transaction Reports (CTRs)
- Suspicious Activity Reports (SARs)
- Monetary Instrument Purchases
- Customer Identification Program (CIP)
- Office of Foreign Assets Control (OFAC)
What Are The Benefits?
- Increased understanding of Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws
- Minimized risk to the Bank, your employees and your customers
- Enforcement of accurate and compliant transaction processing
- Increased customer satisfaction
- Better awareness of high risk customers and transactions
Testing, Tracking, Reports And Certification.
Administration and recordkeeping is easy through Learning Link®, Edcomm's own Learning Management System (LMS), or through any third-party LMS. When the Examiners ask, you can provide testing, tracking, reports and certification for each employee.
To learn more about becoming Banker's Academy Certified in Focus on BSA/AML for Branch Management, contact one of our qualified representatives by clicking here. Or you can call us toll free at 888.433.2666, internationally at +1.212.631.9400, or email support@bankersacademy.com.
Banks who bought this course also bought...
This BSA/AML training program was the perfect solution for our training needs. The Branch Managers were actually interested in learning about BSA/AML laws because the training program made it fun and kept their attention. They also got their staff enthused about their own training as well!
M. Y.
Bank name withheld
