From Framework to Function: Building Strong Internal Controls in Your BSA/AML Program

A well-designed BSA/AML program is only as strong as the internal controls that support it. This webinar moves beyond theory to focus on how institutions can operationalize compliance frameworks into effective, day-to-day controls.

Participants will learn how to design, implement, and strengthen internal controls that not only meet regulatory expectations but also stand up to real-world risks and scrutiny.

            By the end of this webinar, participants will be able to:

• Understand the role of internal controls within the BSA/AML program framework
• Identify the key components of effective internal controls
• Recognize common weaknesses and control gaps
• Apply a risk-based approach to control design and enhancement
• Support ongoing monitoring, testing, and continuous improvement

What You’ll Learn:

1. The Role of Internal Controls in BSA/AML Compliance

• Connecting regulatory requirements to operational processes
• Aligning controls with institutional risk profiles

2. Designing Effective Internal Controls

• Preventive vs. detective controls
• Control documentation and standardization
• Integrating controls into daily operations

3. Risk-Based Approach to Control Implementation

• Tailoring controls to customer, product, and geographic risk
• Prioritizing high-risk areas

4. Monitoring & Testing Controls

• Ongoing monitoring techniques
• Preparing for independent testing and audits
• Measuring control effectiveness

5. Identifying & Remediating Gaps

• Common control breakdowns
• Root cause analysis
• Building sustainable corrective actions

Participants will leave with:

• A practical framework for implementing strong internal controls
• Tools to assess and enhance existing controls
• Greater confidence in managing compliance risks
• Insights to support regulatory exam readiness