BSA & OFAC Annual Training for Lenders
Strengthen your first line of defense against financial crime. Learn to identify lending red flags, ask the right questions, and escalate concerns with confidence. This webinar will equip lending professionals with the knowledge to recognize BSA and OFAC risks throughout the lending process, identify suspicious activity, and satisfy annual training requirements while strengthening regulatory compliance.
KEY WEBINAR TAKEAWAYS
- The lending role in the institution’s BSA/AML/CFT program
- Key risks identified in the National Money Laundering Risk Assessment
- When and how to escalate suspicious activity
- Fulfilling BSA and OFAC training requirements
BONUS MATERIALS
- CDD Handbook
WEBINAR DETAILS
Lenders are often the first line of defense against financial crime. From questionable information on a loan application to unusual sources of funds or suspicious repayment activity, lending staff should know how to recognize suspicious activity, ask appropriate questions, and escalate concerns.
During this webinar, participants will learn how to conduct effective conversations with applicants and borrowers, respond when information appears inaccurate or inconsistent, and identify BSA/AML red flags involving different types of lending while meeting annual BSA and OFAC training requirements.
