Description:
One of the most intimidating tasks an AML/CFT Officer may have is standing in front of the board to provide training. Board and Management oversight is key to a strong compliance culture, but how do we communicate to the board the importance of AML Compliance in our organization?
We have 15 minutes, if we’re lucky, to provide all the important details about the risks this regulation presents to our institution, and the consequences if we get it wrong. In this session we will discuss strategies for speaking the board’s language to maximize the impact of your training and share sample materials that you can use in the board packet.
Key takeaways:
- Identify areas of greatest risk the Board needs to hear about
- Differentiate between what can be provided in writing vs. what needs to be said
- Discuss Compliance in terms of profit and loss
- Learn the art of the anecdote
- Relate to the Board’s perspective
Reminder: The registration fee includes live attendance AND a playback recording of the session, available once the session concludes.
Presenters:
Brian Crow, CAMS
Brian Crow is managing partner and co-president for TCA Compliance and is a nationally recognized BSA/AML expert with a strong bank compliance management background and a welcome ability to provide focused educational support to TCA client banks. Crow most recently was BSA Administrator for a suburban Chicago bank, where his responsibilities included the bank’s annual assessment and audit documentation. Earlier, as Operations Officer at the same bank, Crow monitored AML activity and helped install automated AML software that allowed the bank to transition from paper to electronic CTRs. His activities were responsible for reducing debit card fraud by 95 percent at the bank. Mr. Crow has been, and continues to be, an education consultant for the Glia Group BOL Learning Connect program. It was in this role that Crow was recognized as a Bankers Online Guru in 2011. Like many of us, Mr. Crow began his banking career as a teller, working his way up to branch management responsibilities. He earned a B.A. degree from Concordia University, River Forest Illinois.
January 29, 2025