Supervisory / Management
Summary
Complying with rules and guidelines imposed by the Bank Secrecy Act (BSA) can be a complicated task. CBX tools for monitoring transaction activity are built to last through the complexity of rules interpretations and performance of due diligence on credit union accounts. This class is designed to teach your supervisory personnel the configurations and procedural operation of the cores tools used in monitoring, evaluating and reporting on the events associated with BSA Compliance.
Audience
This class is designed for key credit union leaders and managers who work with BSA related transactions and accounts.
Objectives
By the end of this course, students will have:
- Explored various BSA tools.
- Reviewed BSA monitoring configurations
- Discussed day-to-day procedures including reports monitoring and CTR related activities
- Observed the use of Audit Trackers
- Reviewed BSA regulations with focus on hot buttons
- Investigated various interpretations of standard BSA regulations
- Explored daily monitoring reports available in the core
Topics
- BSA Configurations for transaction types
- Audit Trackers
- Verifying BSA Activity
- Interactive Teller CTR Warnings
- Due Diligence analysis and tasks
- Follow-up activities
- Best practices for meeting BSA compliance
- Daily BSA monitoring
- Transactions
- Reports
