BSA/AML Fundamentals Bootcamp


Hybrid Event  
Tuesday, March 25, 2025 - Wednesday, March 26, 2025   iCalendar Central Standard Time

Hybrid Delivery Options (select your preference when registering)
March 25-26, 2025 – IBA Center for Banking Excellence, Springfield OR Live-Streamed via Zoom
9:00 a.m. - 3:00 p.m.

Step beyond the basics and become the frontline defender your institution needs—master the tools, insights, and strategies to turn BSA compliance into your greatest strength in the fight against financial crime.

This comprehensive class goes beyond understanding the regulations—it equips you with actionable knowledge and resources to confidently fulfill your role in preventing financial crimes. As a cornerstone of the financial industry, compliance with the Bank Secrecy Act (BSA) is a critical responsibility, ensuring the safety and soundness of your institution while combating money laundering and terrorist financing. 

Specifically designed for BSA Officers and compliance team members, the BSA/AML School is your gateway to understanding the examination process and applying regulatory expectations effectively in your day-to-day responsibilities. This isn’t just a session on rules—it’s a program that bridges the gap between regulations and real-world practices. 

You’ll dive deeply into the FFIEC BSA/AML Examination Manual and 31 CFR Chapter X, learning how to translate these resources into actionable steps for your institution. Through hands-on exercises, practical examples, and discussions, you’ll gain the tools needed to enhance procedures, refine processes, and implement an effective compliance program. 

Whether you’re new to BSA/AML compliance or seeking a comprehensive refresher, this class provides everything you need to strengthen your institution’s compliance efforts and take on the challenges of today’s regulatory landscape with confidence.

Attendee Takeaways: Attendees will receive a Training Program Manual and a Resource Toolkit Manual packed with “real world” examples, templates, and handouts that can be implemented back at their banks.

Target Audience: New and Experienced - BSA Officers and Team Members, Financial Crimes Team Members , Fraud Team Members as well as those needing a refresher of BSA.

Agenda

Money Laundering and History of Bank Secrecy Act

  • Today’s BSA Officer and Team – Understanding the Key Job Duties and Responsibilities
  • The Tools of BSA – Maximizing BSA Resources
  • The Role of FinCEN – Collaboration and Joint Agency Oversight
  • BSA/AML Violations and Penalties – How to Minimize the Risks

BSA/AML Risk Assessments

  • Beyond Appendix J – Customizing Risk Assessments for Your Institution
  • Integrating Risk Assessments into Daily Operations

BSA/AML Compliance Program and Key Components

  • Internal Controls – Designing and Testing Effective Procedures
  • Independent Testing – Ensuring Program Accuracy and Effectiveness
  • Training – Building Awareness Across All Levels
  • The Role of the BSA Compliance Officer

Customer Identification and Due Diligence

  • Customer Identification Program (CIP) – Best Practices
  • Customer Due Diligence (CDD) and Beneficial Ownership – Managing High-Risk Customers
  • Enhanced Due Diligence (EDD) – When and How to Apply It

BSA Reporting and Recordkeeping – Common Practices and Challenges

  • Currency Transaction Reporting (CTR) – Accurate and Timely Filing
  • CTR Exemptions – Managing Eligible Customers
  • Monetary Instrument Logs (MIL) – Proper Documentation
  • Funds Transfers – Recordkeeping Requirements

Suspicious Activity Reporting (SAR)

  • Identifying Red Flags for Suspicious Activity
  • Crafting Clear and Actionable SAR Narratives

Office of Foreign Asset Control (OFAC) Compliance

  • Sanctions Screening – Managing High-Risk Transactions
  • Addressing OFAC Violations

Hot Topics and Emerging Trends

  • Fraud, Cybersecurity Threats, and Other Illicit Activities
  • Preparing for Future Regulatory Changes

Record Retention

  • Guidelines for Maintaining Records in Compliance with Regulations
    Common Pitfalls and Solutions

Facilitator
Dianne Barton is president of Performance Solutions, Inc. (PSI), a training and consulting company that has been a part of the banking community for 40+ years, and specializes in providing “real world’ solutions in meeting the everchanging banking and regulatory environment. PSI’s training programs are designed to “close the gap” between the banks’ needs and employees’ skills. Her trademark “real world” scenarios give participants insight into the practical application of and knowledge.

Continuing Education
ABA Professional Certifications 17 CAFP, CRCM, CERP

Hotel Information
Courtyard - Springfield
3462 Freedom Drive 
Springfield, IL 62704
Hotel: 217-793-5300
IBA Rate: 20% off the available rate

Per Person Fee
IBA Member $505
Nonmember $875

Program content is subject to change per regulatory requirement updates.

Hybrid Event  

Map & Directions