BSA: New Employees

If you are new to banking, there is a lot to learn which can be quite overwhelming. While you need to become proficient at your specific job duties, you also need to know how those could intersect with other requirements of the bank. One such requirement is the Bank Secrecy Act and Anti-Money Laundering rules. This affects all areas of a bank and you should receive training within a reasonable time after being hired. But, you still may be thinking what is BSA/AML and why is it important?

Kevin explains more in the video.

Ready to learn more? JOIN US for our webinar, “BSA/AML for New Employees”. Featured topics include:

• BSA/AML/OFAC for Beginners
• Financial Crime and the Need for Recordkeeping
• Customer Identification Program (CIP)
• Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)
• Identifying Unusual Activity and Asking the Right Questions
• Identifying, Verifying and Certifying Beneficial Owners of Legal Entity Customers
• Currency Transaction Reports, Monetary Instruments &
• Suspicious Activity Reporting Requirements

Published
2022/05/11