A Year in the Life of a BSA Officer: Best Practices

This session will journey through a year in the life of a BSA Officer. We will discuss best practices for managing regulatory changes, updating policies and procedures to reflect new requirements, providing relevant information to staff, and staying informed about the next change, advisory, or guidance to be issued. We will share useful tools and checklists for self-monitoring compliance with BSA requirements on a daily, weekly, monthly, quarterly and annual basis. In addition, we will walk through a sample annual calendar to keep you on track and ensure you meet your BSA responsibilities.

Learning Objectives:

· Utilize provided checklists to track your responsibilities

· Updating your risk assessment to serve as the roadmap for your BSA program

· Enhance your institution’s change management process to address new and updated regulatory requirements

· Establish an effective BSA/AML training program

· Effectively report BSA matters to the Board

Intended Audience:

This informative session is designed for BSA Officers and BSA Department Personnel.