BSA Update Seminar
Date: February 1, 2017 through February 2, 2017
Time: Day 1, 9 am - 5 pm
Day 2, 8:30 am - 12:30 pm
Location: Paragon Bank
3535 Glenwood Avenue - Raleigh
Registration: $375 (Early Bird - 1/18) / $400 (Regular - after 1/18)
Registration for this event is full! If you would like to be placed on the wait list, please contact Brianna Reeder at firstname.lastname@example.org.
Patti Blenden is a dynamic speaker and leader with strong, intuitive management skills, and a deep conviction that "excellence is not optional." She has extensive experience in working with financial institutions, bank data processors and governmental agencies. Patti has more than 35 years of experience in the financial industry as an entrepreneur and financial institution executive. She is a Certified Public Accountant, skilled regulatory compliance consultant, bank operations specialist, system automation designer and an enthusiastic regulatory compliance instructor who believes in providing real-world solutions ready for immediate implementation.
Patti founded Financial Solutions in 1990 to offer financial institutions complete, cost-effective regulatory compliance solutions, thereby eliminating an institution's need to rush to increase overhead. The company specializes in providing regulatory compliance assistance for financial institutions through policies, programs, on-site compliance reviews and customized training.
This program is designed to enhance the skills of your Bank Secrecy Act (BSA) and Anti‐Money Laundering (AML) support staﬀ, your independent audit team, and any personnel responsible for managing and maintaining a strong BSA and AML program. Expand your staﬀ’s understanding and expertise in some of the most critical skills they will ever possess – skills that can protect your profits in these very challenging times of tight margins and sustained high expectations! Recent exam findings indicate we need to strengthen our compliance management program!
Join us for our annual update to our Bank Secrecy Act fundamentals to ensure you are maintaining the appropriate program commensurate with your bank’s program tools and techniques to match current trends. We will focus heavily on the finalized Beneficial Ownership Rules to be implemented and the FinCEN Cybersecurity resources.
As soon as we think we have the patterns pegged, the criminals quickly develop new and trickier ways to hide in plain sight! There’s been absolutely no decline in the expectation for us to perform more and more due diligence to know our customer and identify unusual or suspicious customer activity! Despite the regulatory challenges we are facing, BSA and AML expectations have not subsided. Examine the expanded, useful risk assessment and review techniques that can be gleaned from a wide variety of reliable and free resources. Learn how to immediately apply them to your high risk customers. Lots of great tools to enhance your customer due diligence program whether you think you have high risk customers or not! No need to feel overwhelmed by existing customer due diligence responsibilities (CDD) and the new electronic payment channels that are taking over financial settlement today! We’ll help with some tips and tools to get your program updated and compliant.
Patti Blenden of Financial Solutions will lead this program to discover new and improved solutions to the ever‐expanding regulatory challenges. She will discuss the latest developments regarding risk assessment, criminal activity patterns indicating increased problems and the bank’s reporting responsibilities that accompany those scenarios. Join us for the review of an updated and expanded risk assessment methodology including the required elements for documenting your bank’s risk assessment. Learn from others’ mistakes by reviewing the latest BSA/AML enforcement actions and how the criminals and terrorists are expanding their use of electronic payment methods, prepaid cards and just about anything else they can get their hands on!
Make plans to attend this session and learn more tricks and tips to maximize your programs designed to comply with these very important issues facing every financial institution. We’ll learn, we’ll laugh, and we’ll vent a little. Most importantly, we’ll be ready to face the latest evolution of BSA and AML challenges with a few more eﬀective tools. Come get more great solutions and be prepared for the next level in the war against money laundering and terrorist financing.
The NCBA has secured a discounted room rate of $136/night at the Embassy Suites Crabtree Valley. To secure this discounted rate, please contact the hotel directly at 919.881.0000 and request the NC Bankers rate for the nights of January 31 and February 1, or use the link below.
The hotel is 1.5 miles away from the training site, and is across the street from the Crabtree Valley Mall.