Overview
The frontline makes the difference in the quality and impact of suspicious activity reporting!
Throughout this training session, we will cover the essential elements of suspicious activity reports, including recognizing frontline red flags and indicators of suspicious activities, conducting thorough investigations and ensuring compliance with regulatory requirements. You will engage in “real-world” case studies, practical scenarios and hands-on exercises to refine the bank’s SAR drafting and reporting process and skills.
Attendees’ takeaways include a training program manual and a resource manual packed with “real-world” examples, templates and handouts that can be implemented at their banks.
Agenda
- highlight the critical frontline roles and responsibilities in monitoring and reporting suspicious activities
- provide the regulatory framework governing SARs
- explore the frontline red flags and indicators of suspicious activity
- review examples of suspicious activities related to money laundering, fraud and terrorist financing
- investigate “do’s and don’ts” techniques and tools for detecting suspicious activities
- demonstrate how documentation and the frontline drives the process and content of SARs
- tie-in best practices for filing SARs
- summarize key “musts” takeaways
Who Should Attend
This informative session is tailored for frontline and customer care teams, new account representatives, retail branch managers, BSA/AML officers and team members, fraud teams, compliance officers and anyone involved in completing or reviewing SARs.
Continuing Education
This program has been submitted for approval for CAFP, CERP, CRCM credits.
For More Information
Contact the MBA Education Department at 573-636-8151 or email.