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2019 - AML High-Risk Transactions - Identify, Manage, Resolve



VenueFremont, USA - United States USA - United States

KeywordsHuman Resource Professionals; HR Professionals; Online Training


Topics/Call fo Papers

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
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).

Last modified: 2019-10-11 14:37:49