AML High-Risk Transactions - Identify, Manage, Resolve

Website http://www.traininng.com/webinar/aml-high-risk-transactions---identify,-manage,-resolve--201102live? | Edit Freely

Category Educational trainings, HR professionals, Human Resource, Online trainings, Employee Relations

Deadline: November 10, 2019 | Date: November 12, 2019

Venue/Country: Online, U.S.A

Updated: 2019-09-20 14:26:31 (GMT+9)

Call For Papers - CFP

This webinar will discuss the techniques for controlling and managing High Risk Transaction. The Instructor will discuss the parameters for identifying and qualifying transactions as high risk and process and communication to be followed. He will also discuss how to resolve the end result.

Why should you Attend

AML operations, systems, and processes are designed to provide sound compliance and appropriate reporting of Suspicious Activity to Regulators on SARS.

Properly identifying the high-risk activity will focus compliance priorities properly. Properly managing high-risk transactions when they are identified is equally important. Together, they help avoid reporting failures which can lead to sanctions against the bank.

This webinar will cover both the identification and the management aspects of high-risk transactions.

Areas Covered in the Session

Learn what are elements of transactions which can cause a transaction to be considered "high-risk" and how to make judgments in each category:

Countries involved

Customers involved

Counter parties involved

Product type or transaction type

Learn how to manage high-risk transactions and what the options are for completing that

Characteristics that can cause a transaction to be considered high-risk

In bank's organization, type of work that will need to be performed

Identify key places in the workflow where communication to other areas is necessary and why there have been failures at this in the past

Techniques for controlling and managing high-risk transactions

End results that may occur:

Weighing analytical engines

Special reviews

SAR

End the customer relationship

Section 314(b) sharing with other institutions

Who Will Benefit

Fraud Professionals

Compliance Professionals

AML/BSA Professionals

Banking VP

Bank Director

Bank Supervisor

Bank Managers

Credit Unions Manager

Credit Unions VP

Credit Unions Director

Credit Unions Supervisor

Financial Services Managers

Financial Services VP

Financial Services Director

Financial Services Supervisor

Banking Professional

Credit Unions Professionals

Financial Services Professionals

Speaker Profile

Jim George is an independent consultant to banks focusing on issues of fraud. He brings over 25 years as a consultant to major banks in Associate Partner and Principal roles at PriceWaterhouse-Coopers Consulting, IBM Consulting in Bank Risk and Compliance and Andersen Consulting (now Accenture).