Special Events Training
Summary
Successful BSA Audits are a critical component of your credit union's operations, but to prepare for your BSA Exam/Audit can be overwhelming. You may begin with concerns about what's at stake if you don't pass your audit. You may have trepidation when you look at the final implications, including the reputation risk with your peer groups, your board, and, even worse, your members. You may have staff members or managers who are at the beginning stages of learning your policies, procedures, and best practices and are not yet familiar with the examination process.
Do not begin your exam with a deep sense of anxiety. The "Preparing for Your BSA Exam/Audits Made Easy" booklet takes all the worry out of preparing for next exam.
Join AuditLinks Vice President, Jim Vilker as he guides you through the booklet and shared insights in this four part series.
Audience
Designed for Credit Union Executives, Managers and Supervisory Committee
Objectives
Receive professional insight by the author of BSA Exam/Audits Made Easy which includes all of the instructions and insight you will need to create and perform a well-developed BSA/OFAC Risk Assessment that will serve as the cornerstone of an effective BSA program and identifies the credit union’s institutional risk profile.
By the end of the series you will learn to perform a risk assessment that enables your management to better manage and mitigate gaps in operational controls. One that drives policies, procedures, and internal controls. Learn why your risk assessment should be shared across all business lines within the credit union and all business line leaders should be actively involved in the process.
Topics
A self-help guide for a well-developed BSA/OFAC Risk Assessment. Includes industry expertise, questions for consideration during your audit/exam comprehensive user manuals for CU*BASE Tool-sets and Reference Materials making your audit/exam a success.
This is the third session in a four part series will include:
• Introduction
• CTR Exemptions
• Suspicious Activity Monitoring and SARs
• Monetary Instrument Sales
• Wire Testing
