What You'll Learn
This course will help attendees understand how these systems align with current regulations ensures that your institution is not only compliant but also better prepared for audits and examinations. Failure to optimize your systems can lead to increased false positives, missed suspicious activity, and costly enforcement actions. Through system customization and optimization, financial institutions can tailor their monitoring frameworks to reflect customer-specific behaviors and risk profiles, particularly by implementing robust customer risk-rated models.
Topics covered in this session
- Understanding How Your Monitoring Systems Relate to Regulatory Requirements
- Consequences of Failing to Optimize Your Systems
- BSA/AML Monitoring System Customization and Optimization
- Case Studies
- Customer Risk Rated Models
- Fraud Systems
Accreditations
Nacha (National Automated Clearing House Association) -AAP/APRP
Nacha has approved this program as eligible for AAP or APRP Renewal Credit(s).
Requesting CE:
Upon completion of this course, please email
creditrequest@nogginguru.com
to obtain a CE certificate.
ABA (American Bankers Association)
ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The The Key To Optimizing Your AML And Fraud Systems program has been approved for the credits listed on the right of this page. This statement is not an endorsement of this program or its sponsor. Certified professionals will report these credits at aba.csod.com.
Requesting CE:Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.
Requesting CE:Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.
About the Author:
Scott Rosenbaum has over 10 years of experience as a consultant, investigator, and accountant. He previously worked in KPMG's Forensic practice and for a private think-tank providing forensic accounting, litigation, and investigation consulting services to clients in a variety of matters.
Mr. Rosenbaum specializes in investigations and assisting community and regional banks to develop and improve their BSA/AML compliance programs. He also performs work related to fraud risk management, regulatory compliance and monitoring, and dispute advisory/ litigation assistance.
Additionally, Mr. Rosenbaum routinely conducts trainings for bankers, lawyers, business leaders, and law enforcement including training intelligence analysts from the Office of Foreign Assets Control at FLETC (the Federal Law Enforcement Training Center). He has collaborated on Congressional testimonies, a book, and assisted print and television journalists in researching their articles and segments.
Mr. Rosenbaum is a Certified Public Accountant (CPA), a Certified AML and Fraud Professional (CAFP), an Accredited Payments Risk Professional (APRP), a Certified Forensic Examiner (CFE), and a Certified At-Risk Adult Crime Tactics Specialist (CACTS).
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