8.10 AuditLink Daily Log Management Best Practices

AuditLink

Summary

In this course participants will get a in depth look at the AuditLink Daily Run Sheet and the different services AuditLink provides to help save credit unions precious time and resources.  We will discuss best practices for reviewing the run sheet including covering topics such as how to leave trackers on accounts.  Course participants can also expect to get a closer look at CU*BASE tools to help efficiently and effectively review accounts listed by the AuditLink team for review.

Audience

Credit Unions that currently utilize AuditLink to assist with daily log management or credit unions who are interested in having AuditLink assist them with their daily log management.

Objectives

  • How to best utilize the different sections of the AuditLink Run Sheet
  • Tracker best practices including what information to include
  • How to contact AuditLink to update your run sheet recipients
  • Identify high risk accounts for continued due diligence monitoring
  • Dormancy definitions and how to review accounts listed on run sheet

Topics

  • BSA cash transaction activity
  • CTR suggestions
  • OFAC recommendations for internal review
  • Dormant accounts with activity
  • File maintenance review
  • Downloaded data off iSeries
  • Teller reversals
  • Wire Transfer log review
  • Tool #1990 structuring report

Course Schedule

Future times and dates are to be determined.