BSA/AML
Agenda
| On-Demand | |
|---|---|
| Session #1 | BSA/AML Officer of the Future Asaad Faquir Regulatory Compliance Senior Manager Wolf & Company, P.C. |
| Session #2 | Digital Banking – How Does This Affect BSA and What You Should Know Ryan Canin CEO DocFox |
| Session #3 | Optimizing Your Automated Surveillance Monitoring System Robin Guthridge Senior Manager, Compliance Wipfli LLP |
| Lunch Break | |
| Session #4 | Changing BSA Monitoring Systems - Ensuring a Smooth Transition William Sachs Senior Consultant CAPCO |
| Session #5 | Regulator Panel Bryan Wampler, CFE, CAMS Case Manager, Special Activities FDIC – San Francisco Regional Office Tammi Steadman Bank Examiner and BSA Specialist OCC Sandra Rolnicki, PhD Manager Federal Reserve Bank of San Francisco – Financial Institution Supervision and Credit Cathy Philpott Senior Financial Institutions Examiner Department of Financial Protection and Innovation |
| Session #6 | BSA Compliance for Cannabis Banking Robert Baron CEO StandardC Inc. |
| Session #7 | Sweeping Changes to Money Laundering Enforcement - What Does That Mean for Financial Institutions? Cheryl Lott Joshua Robbins Shareholders Buchalter |
| Workshop Concludes | |
BSA/AML Officer of the Future
It is 2020 and finally, the future we were promised is here. Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA) are operational and making the fight against financial crime easier and more effective. That is, of course if you have the requisite skills to take advantage. Otherwise being a BSA Officer probably feels harder than ever to manage at its current pace of change.
Digital Banking – How Does This Affect BSA and What You Should Know
Digital transformation in banking is moving fast with many banks moving to online account opening and closing branches, or seeing reduced branch activity. This comes with a completely new set of risks and also opportunities which are important for BSA leaders to consider and get ahead of. If we don’t move faster than the transformation we expose ourself and the institution to substantial risk.
Optimizing your Automated Surveillance Monitoring System
Managing an automated monitoring solution is not as simple as turning on the software, no matter what the sales representative told management. Examiners expect to see that staff understands the data feeds, monitoring parameters and has adequate governance over the system’s operation. Just because your vendor says the system is configured to “industry standards” does not mean that it is appropriately configured for your institution’s risk profile.
Changing BSA Monitoring Systems – Ensuring a Smooth Transition
This session will focus on the steps each bank can take when transitioning to a new BSA System. The session will focus on ensuring the system is addressing the BSA risks, data transition, customer risk scoring and suspicious activity scenarios or configuration settings. Emphasis will be placed on how to set the configurations, rules or scenarios commensurate to the BSA risks.
Regulator Panel
Join us for our regulator panel as we hear from regulators from four different agencies: FDIC, OCC, FRBSF, and DFPI (formerly the DBO), as they discuss hot topics and agency priorities related to BSA/AML.
BSA Compliance for Cannabis Banking
This session will focus on the steps each bank can take when transitioning to a new BSA System. The session will focus on ensuring the system is addressing the BSA risks, data transition, customer risk scoring and suspicious activity scenarios or configuration settings. Emphasis will be placed on how to set the configurations, rules or scenarios commensurate to the BSA risks.
Sweeping Changes to Money Laundering Enforcement – What Does That Mean for Financial Institutions?
On New Year’s Day 2021, Congress passed—over President Trump’s veto—a defense appropriations law containing the Anti-Money Laundering Act of 2020 (“AML Act”) and the Corporate Transparency Act, as part of a sweeping new set of anti-money laundering reforms that create important new beneficial ownership disclosure obligations for a wide range of small companies, and contain both good and bad news for financial institutions.
Asaad Faquir
Regulatory Compliance Senior Manager
Wolf & Company, P.C.
Asaad is a Senior Manager in Wolf’s Regulatory Compliance Services group. He oversees the delivery of compliance services to existing clients, and is responsible for expanding the brand within the New York, New Jersey, and Pennsylvania markets. Prior to Wolf, Asaad worked at a firm in New Jersey, was the Compliance Officer at Haverhill Bank, and was Vice President and Project Manager for Fidelity Federal Bank and Trust.
Ryan Canin
CEO
DocFox
Ryan is the CEO of DocFox, a digital tool which enables rapid account opening, customer onboarding and automated complex workflows for business and commercial banking. DocFox currently works with over 180 financial institutions to reduce manual effort through advanced document processing with document inspection, data capture and comparison of any document and a suite of automation tools.
Robin Guthridge
Senior Manager, Compliance
Wipfli LLP
Robin Guthridge has a strong background in Bank Secrecy Act (BSA) compliance, leadership, and sales management. In addition to performing BSA, deposit, and loan compliance examinations for various institutions, she has developed, implemented, and presented annual BSA workshops for Wipfli LLP’s clients and prospects and for various state banking associations. Robin uses her firsthand experience in the financial services industry to provide meaningful insight and helpful recommendations in the areas of BSA and deposit compliance. Her goal is to exceed client expectations with every contact.
William Sachs
Senior Consultant
CAPCO
William is a Senior Consultant at Capco with over 30 years experience in financial services with a specialty in regulatory BSA Compliance, Audit, and Information Technology Audit. William has been a VP / BSA Officer for a retail community bank and has worked extensively with BSA in a foreign owned bank. William is adept at performing BSA monitoring system rule tuning and writing BSA/AML/OFAC risk assessments. William has developed internal controls and written related policies and procedures that assisted in the resolution of regulatory issues.
Tammi Steadman
Bank Examiner and BSA Specialist
OCC
Tammi Steadman joined the Office of the Comptroller of the Currency (OCC) as BSA/AML specialist in November 2012 and was assigned to the San Francisco field office until relocating to Southern California in December 2019. Her experience includes leading BSA examinations at community banks throughout the Western District, serving as BSA functional examiner in charge at two large community banks, and assisting in large bank examinations.
Robert Baron
CEO
StandardC Inc.
Robert Baron serves as Chief Experience Officer of StandardC, and oversees cannabis banking compliance and financial institution integration. Robert is a Certified Anti-Money Laundering Specialist (CAMS) and holds an advanced certification in AML Risk Management (CAMS-RM). Prior to joining StandardC, Mr. Baron was Senior Vice President of Member Services of Technicolor Federal Credit Union where he established and oversaw its cannabis banking program, including serving over 200 of the largest cannabis companies and processing over $3 billion in annual transactions. Mr. Baron has received a B.A. International Relations and a B.A. in Political Science from the University of California, Davis.
Cheryl Lott
Shareholder
Buchalter
Cheryl M. Lott represents corporate clients, banks, mortgage companies and other financial institutions in both state and federal court. Her practice focuses on general business and commercial litigation, lender liability litigation, as well as labor and employment litigation, construction defect litigation, and class action defense. She has significant experience in preparing all aspects of a case for trial or arbitration.
Joshua Robbins
Shareholder
Buchalter
Josh Robbins, a former federal prosecutor, is the Chair of the Firm’s White Collar and Investigations Practice. Mr. Robbins has led trials, appeals, and investigations involving hundreds of millions of dollars and major government enforcement proceedings, representing Fortune 500 companies, sovereign governments, and prominent individuals. His matters have involved allegations of criminal health care fraud, False Claims Act violations, civil and criminal securities fraud, tax evasion, and bank fraud, as well as complex business disputes.
CPE Credits
The 2021 BSA/AML Virtual Workshop has been granted 8.5 CPE Credits. The Western Bankers Association is registered with NASBA as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
Pricing
Pricing below is per person. To register for the on-demand version of this program please complete the registration form and email us at registrations@westernbankers.com.
| Pricing For | Price |
|---|---|
| WBA Bank Member | $295 |
| Bank Non-member | $495 |