Enterprise Risk Management
Summary
Complying with rules and guidelines imposed by the Bank Secrecy Act (BSA) can be a complicated task. CU*BASE tools for monitoring transaction activity are built to last through the complexity of rule 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 CU*BASE 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 completion of this course, participants will have:
 Explored various CU*BASE BSA tools
 Reviewed BSA-monitoring configurations
 Discussed day-to-day procedures including report 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 CU*BASE
Topics
BSA configurations for transaction types
 Daily BSA monitoring
 Transactions
 Reports
 Audit Trackers
 Verifying BSA activity
 Online CTR forms
 Due-diligence analysis and tasks
 Follow-up activities
 Best practices for meeting BSA compliance
