Description:
AML/CFT Officers often express their frustration that lenders do not take training seriously due to the misconception that money laundering only occurs on the deposit side of the bank. Obtaining buy-in from staff for providing suspicious activity referrals relating to lending transactions can pose a challenge. Also, the AML Program may not adequately identify the systems and reports that are utilized to identify suspicious loan activity, identity theft, or fraud.
In this session we will explore methods for communicating the importance of AML/CFT to lenders and provide sample materials that you can incorporate into your training program.
Key takeaways:
- Identify barriers to lender participation and attentiveness to training
- Discuss methods of communication to make AM/CFT relevant to issues that impact lenders
- Identify red flags of suspicious activity for loan transactions
- Identify SAR filing requirements for application fraud, identity theft, and other misrepresentations
- Highlight which areas of BSA requirements lending training should focus on
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.
February 26, 2025