Why Do You Need BSA/AML Training for Operations?
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 Operations is the solution your organization needs!
What's the Course Like?
Focus on BSA/AML for Operations will teach your operations staff 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 Operations, 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 Operations 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 Operations 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
- Accurate and compliant transaction processing
- Increased customer satisfaction
- More efficient recordkeeping and reporting
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 Operations, 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 is our second year with Banker’s Academy and we couldn’t be more pleased. Their interactive courseware makes learning fun and increases the value of each and every one of our employees. They have always been there to answer any questions that I’ve had and have worked with us to tailor a training curriculum that fits our needs.
M. C.
Bank name withheld
