Education & Events

• What are the key red flags today’s frontline needs to know?
• What are the steps for alerting the BSA Officer?
• How can the frontline assist the Suspicious Activity Reporting process?
  

Throughout this training session, we will cover the essential elements of Suspicious Activity Reports (SARs), including recognizing red flags and indicators of suspicious activities, conducting thorough investigations, and ensuring compliance with regulatory requirements. You will engage with real-world case studies, practical scenarios, and hands-on exercises to refine your SAR drafting and reporting skills. A training and resource manual packed with “real world” examples, templates, and handouts will be provided for attendees to implement back at their banks.

Agenda Includes exploring and discussing the:

• Roles and responsibilities of financial institutions in monitoring and reporting suspicious activities
• The regulatory framework governing Suspicious Activity Reports (SARs)
• Red flags and indicators of suspicious activity
• Examples of suspicious activities related to money laundering, fraud, and terrorist financing
• Investigative techniques and tools for detecting suspicious activities
• Process and content of SARs
• Documentation practices for SARs
• Best practices for filing SARs

Audience
This informative session is tailored for frontline staff, new account representatives, branch managers, BSA officers, BSA staff, compliance officers, and anyone involved in completing or reviewing Suspicious Activity Reports (SARs).

Facilitator

Kristin Harville is a Senior Consultant with 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 ever-changing banking and regulatory environment. With her extensive background as a banker, an examiner, and a consultant, she brings a wealth of “real world” knowledge and “how to” to the PSI compliance deliverables. Her most recent experience included leading a $2.7B banking compliance team focused on BSA, Compliance Management Systems, Internal Audit, Technology Implementation, and Enterprise Risk Management. Her certifications include a Juris master’s degree in law (Major in Financial Regulation), Certified Regulatory Vendor Program Manager, Certified AML and Fraud Professional (CAFP), Certified Regulatory Compliance Manager (CRCM), Certified Bank Secrecy Act Professional, and Banking Certificate – Barret School of Banking.

Fee Per Person
IBA Member $265
Nonmember $445