Bootcamp

Bank Secrecy Act (BSA) Bootcamp

Gain a clear understanding of BSA/AML compliance through this three-part webinar bootcamp that builds your expertise in reporting, auditing, and risk assessment to strengthen your institution’s financial crime prevention program.

Learning Objectives

  1. Explain the purpose and regulatory foundations of the BSA, AML, and OFAC programs.
  2. Identify required BSA reports, recordkeeping obligations, and red flag indicators of suspicious activity.
  3. Apply best practices in planning, conducting, and documenting BSA/AML audits or independent testing.
  4. Develop and assess BSA/AML and OFAC risk assessments using data, controls, and regulatory guidance.
  5. Evaluate emerging compliance risks and anticipate regulatory changes impacting BSA/AML programs.
Sharon Blanchette 2.5 HR
Included with Team Membership

About This Course

The BSA Bootcamp is a comprehensive three-part training designed to strengthen participants’ understanding of Bank Secrecy Act (BSA) compliance and anti-money laundering (AML) frameworks within financial institutions. Across the three webinars, participants gain a foundational to advanced grasp of BSA regulatory expectations, reporting obligations, internal controls, and evolving compliance challenges.

Participants will learn essential recordkeeping standards, recognize “red flags” of suspicious activity, and understand the implications of enforcement actions. They will explore best practices for conducting BSA audits, ensuring independence and appropriate scope, evaluating the effectiveness of compliance programs, and addressing deficiencies. Finally, participants learn to identify inherent and residual risks related to customers, products, and geographies, apply data-driven methodologies, and integrate regulatory guidance from FinCEN, OFAC, and the FFIEC.

Together, the bootcamp provides a structured, practical roadmap for establishing, evaluating, and maintaining a robust, risk-based BSA/AML compliance framework.

 

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation. 

Your Instructor

Sharon Blanchette
Sharon Blanchette

Sharon Blanchette is a risk, compliance, and anti-financial crimes (AFC) subject matter expert who has enjoyed a long career working with banks, credit unions, fintechs, mortgage companies/servicers, and the vendors who support them.

Sharon's specialties include building and enhancing compliance and AFC programs, assisting institutions during mergers and acquisitions, serving as a temporary outsourced compliance or AFC officer, managing lookbacks, and breaking down complex regulations and requirements into effective training materials.

Sharon is a Certified Public Accountant, a Certified Internal Auditor, a Certified Anti-Money Laundering Specialist, and holds the Consumer Regulatory Compliance Manager certification. In early 2021 she obtained a crypto currency certification and a cannabis risk management certification. She serves on the Board of the Virginia Chapter of ACAMS. She enjoys publishing articles and speaking on industry topics.

Training your team?

This course is covered under team memberships.

See Team Memberships
Buying for yourself?
$ 599
Included with Team Membership
Training your team?

This course is covered under team memberships.

See Team Memberships
$ 599
per attendee