2018 BSA Graduate School
This 2-day program is designed for BSA professionals who are competent in the core requirements of Bank Secrecy Act rules and will provide a higher level of lecture, training, and interactive discussion regarding the challenges of developing and managing an effective BSA program. Much of the discussion will revolve around real life case studies which will be an integral part of the school.
This school will also address the customer due diligence (CDD) rules effective May 11, 2018, addressing the requirements for verifying the ultimate beneficial owners for business accounts.
A major focus of the program will be managing a BSA program. Topics will include
discussions on ethics, efficiency vs. effectiveness, dealing with examinations, escalating issues within the organization, and managing MSB relationships. In addition, the class will learn to design an effective BSA program through the study of workflow charts which will be provided. We will discuss best practices for impacting the bottom line of a BSA program and we will discuss a policy checklist, as well as how to conduct a gap analysis to ensure your program is as refined as possible.
The course will also involve a roundtable discussion. The facilitator will guide the group through a number of pre-determined discussion topics, as well as topics requested by the attendees. Each attendee is encouraged to contribute one topic they would like to discuss – and attendees are encouraged to submit topics prior to the school.
Advanced BSA Elements
- Risk Assessments
- Privately Owned ATMs
- Systems to Identify and Report
- Independent Testing
- Culture of BSA/AML Compliance
- Filings SARs
- General Guidance
- Elder Abuse
- Marijuana Businesses
Developing a BSA Program
- Evaluating a BSA Program
- Formalizing a BSA Program
- Building a BSA Policy
- Managing a BSA Program
- BSA/AML Responsibilities
- Key Ingredients to BSA Management
- Reports and Ticklers
- The Five E’s of BSA Management
- Managing Money Service Business
(MSB) Relationships Regulatory Changes
- New Rules and their effect on BSA
- CDD Final Rule
- Possible Topics to discuss
- Enlisting Support
- Integrating BSA into Organizational Culture
- Rolling Out a New Program/Procedure
- Presenting to the Board
- Regulatory Change Management
Best Practices Case Studies and Discussions
- Recurring errors in CTRs
- Recurring errors in SARs
- Real life scenarios and case studies for discussion (when the correct answer is not always obvious)
Bill Elliott, CRCM, Senior Consultant and Manager of Compliance.
Bill Elliott has over 35 years of banking experience. As a compliance consultant and manager of the compliance division with Young & Associates, Inc., Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews for all areas of compliance, conducting in-house training, and writing compliance articles and training materials. During his career, Bill spent 15 years as a compliance officer and CRA officer in a large community bank, and also worked for a large regional bank. He has been a lender for consumer, commercial, and mortgage loans, and has managed a variety of bank departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.
Terri A. Klemann, Compliance Consultant.
Terri A. Klemann is a Compliance Consultant with Young & Associates, Inc. She has been in banking for more than 24 years and has worked exclusively with community banks of all sizes. Terri specializes in Bank Secrecy Act compliance, front-line operations, privacy, deposit compliance, identity theft, security and robbery, and customer service issues, and has a broad knowledge base of other compliance-related issues. Terri frequently presents in-bank BSA employee and board member training. She also leads BSA seminars for directors and board members, BSA officers, managers, customer service representatives, and tellers. She has presented seminars for various trade associations with topics including developing and auditing Bank Secrecy Act/Anti-Money Laundering (BSA/AML) programs, BSA/AML for new and experienced frontline employees, identity theft, and security and robbery, as well as addressing new rules and trends.
8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Lunch (included)
1:00 p.m. Program Resumes
4:00 p.m. Program Adjourns
The BSA Graduate School will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd., Suite 155E, Indianapolis IN 46240.
Registration will be at 8:30 AM on the first day. Each day’s session will run from 9 AM to 4 PM.
$595 For each attendees for banks who are members of the CBC Program
$695 For each attendee for bganks who are members of IBA, but who are not members of the CBC Program
$1295 for each attendee for banks who are not member of IBA
Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates.
Who Should Attend
The BSA Graduate School is designed for individuals who have a good working knowledge of all aspects of the BSA regulations and rules. While not limited to BSA Officers, it will be beneficial for any person who has BSA-related responsibilities at the bank. This program is not designed to teach the basic elements of BSA.
If you have any questions please contact Elizabeth Kilty at 317-387-9380 or via e-mail at firstname.lastname@example.org.
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations 1 day prior or absences on the day of the program. Substitutions are welcome any time.