All banks and most financial institutions are required to have anti-money laundering (AML) programs in place within their organizations to detect and prevent money laundering and terrorist financing. For many of these entities, an individual in-depth analysis of all customers, accounts, products and services in not very feasible, given that the numbers of each may be significant and more than the capacity of the organization to deliver. Accordingly, a risk management program will help to identify and narrow down where the focus of attention should be. By identifying risks and basing decisions on factors that are related to higher risk elements, attention to addressing higher risk elements can be done more efficiently and more productively for the organization. A good AML Risk Management program will also better satisfy regulatory requirements.
WHY SHOULD YOU ATTEND?
This training is essential for anyone working in a financial institution who is involved in AML compliance. The course will inform the attendee of the basics of identifying money laundering risks and how to effectively manage a program to handle and address those risks.
AREA COVERED
What is AML Risk Management
Why is AML Risk Management important?
Identifying elements to consider when developing AML Risk Management
Creating an AML Risk Management profile and matrix
Using AML Risk Management in operations
Evaluating the effectiveness of AML Risk Management
How AML Risk Management principles can help your organization in other ways
LEARNING OBJECTIVES
Learn what AML Risk Management means
Learn why regulators prefer a risk management approach to AMLThis tra
Learn how to identify some common AML risks
Learn how to create and apply an AML risk management matrix in operations
Learn how to evaluate the effectiveness of your AML risk management program
Learn how to apply AML risk management principles in other areas of your business
WHO WILL BENEFIT?
- Bank compliance and AML officers
- Risk and compliance staff
- Bank and other financial institution management
This training is essential for anyone working in a financial institution who is involved in AML compliance. The course will inform the attendee of the basics of identifying money laundering risks and how to effectively manage a program to handle and address those risks.
What is AML Risk Management
Why is AML Risk Management important?
Identifying elements to consider when developing AML Risk Management
Creating an AML Risk Management profile and matrix
Using AML Risk Management in operations
Evaluating the effectiveness of AML Risk Management
How AML Risk Management principles can help your organization in other ways
Learn what AML Risk Management means
Learn why regulators prefer a risk management approach to AMLThis tra
Learn how to identify some common AML risks
Learn how to create and apply an AML risk management matrix in operations
Learn how to evaluate the effectiveness of your AML risk management program
Learn how to apply AML risk management principles in other areas of your business
- Bank compliance and AML officers
- Risk and compliance staff
- Bank and other financial institution management
Speaker Profile
Kenneth Barden
Kenneth Barden is a seasoned Compliance and Regulatory Specialist. He was trained as a lawyer and is admitted to the practice of law in the United States and abroad. He is a certified Anti-Money Laundering Specialist and is COSO-certified. He has over 37 years of experience in both the public and private sector, including over 14 years overseas. He has been a contributing author to several books, articles and other publications relating to compliance issues. He is a graduate of Indiana University School of Law, and has completed several post-graduate study programs.
Upcoming Webinars
The Importance of the first 5 seconds when presenting
By:Terry Winship
Oct. 7, 2025
12:00 PM PDT | 03:00 PM EDT
Project Management for administrative professionals
By:Rebecca Staton-Reinstein
Oct. 7, 2025
12:00 PM PDT | 03:00 PM EDT
How to Reduce Human Error in a GMP Manufacturing Floor
By:Ginette M. Collazo
Oct. 7, 2025
10:00 AM PDT | 01:00 PM EDT
Trump’s Executive Orders on DEI and Disparate Impact, and t…
By:Dr. Susan Strauss
Oct. 7, 2025
10:00 AM PDT | 01:00 PM EDT
How Accountants Can Use Chat GPT Effectively
By:Justin Muscolino
Oct. 7, 2025
12:00 PM PDT | 03:00 PM EDT
The OBBBA Era & Beyond: Your 2025 Playbook for Compliance a…
By:Melveen Stevenson
Oct. 9, 2025
12:00 PM PDT | 03:00 PM EDT
Pivot tables beginner to advanced + 20 advanced Pivot table…
By:Abdelrahman Abdou
Oct. 9, 2025
10:00 AM PDT | 01:00 PM EDT
Changing Behavior: Why Rewards and Punishments Often Aren't…
By:Rebecca Staton-Reinstein
Oct. 9, 2025
12:00 PM PDT | 03:00 PM EDT
Launch Your Career: The Ultimate Guide for Emerging Profess…
By:Hulya Kurt
Oct. 10, 2025
10:00 AM PDT | 01:00 PM EDT
ChatGPT Unlocked: A Beginner’s Guide to AI and ChatGPT
By:Richard Erschik
Oct. 10, 2025
10:00 AM PDT | 01:00 PM EDT
Managing Toxic & Other Employees Who Have Attitude Issues
By:Pete Tosh
Oct. 10, 2025
12:00 PM PDT | 03:00 PM EDT
Data Integrity – In compliance with CSA, 21 CFR Part 11, Sa…
By:David Nettleton
Oct. 14, 2025
10:00 AM PDT | 01:00 PM EDT
Effectively Handle Toxic People for Better Productivity and…
By:Beverly Beuermann-King
Oct. 15, 2025
10:00 AM PDT | 01:00 PM EDT
Re-imagine Finance & Accounting Made Simple. Three Webinars…
By:Carl Young
Oct. 15, 2025
10:00 AM PDT | 01:00 PM EDT
Employee Handbooks: 2025 Critical Issues
By:Ronald L. Adler
Oct. 15, 2025
10:00 AM PDT | 01:00 PM EDT
Better Business Writing-How to Write Right
By:Dev Strischek
Oct. 15, 2025
12:00 PM PDT | 03:00 PM EDT
The five qualities every successful leader must develop
By:Jonas Adoro
Oct. 15, 2025
10:00 AM PDT | 01:00 PM EDT
How to Lead and Manage a Narcissistic Employee
By:Brenda Neckvatal
Oct. 16, 2025
12:00 PM PDT | 03:00 PM EDT
Use of AI and GPT for Finance Professionals
By:Mr.CA Manish Gupta
Oct. 16, 2025
10:00 AM PDT | 01:00 PM EDT
ChatGPT and Project Management: Leveraging AI for Project M…
By:Deb Schaffer
Oct. 16, 2025
10:00 AM PDT | 01:00 PM EDT
Analytical Method Validation Under Good Laboratory Practic…
By:John Fetzer
Oct. 17, 2025
12:00 PM PDT | 03:00 PM EDT
Harassment, Bullying, Gossip, Confrontational and Disruptiv…
By:Bruce Lee
Oct. 17, 2025
10:00 AM PDT | 01:00 PM EDT
Excel What-If-Analysis Decision-Making Tools
By:Dr.Isaac Gottlieb
Oct. 17, 2025
10:00 AM PDT | 01:00 PM EDT
How to Write Contracts for Procurement Professionals
By:Kenneth M. Jones
Oct. 17, 2025
10:00 AM PDT | 01:00 PM EDT
Maximizing Productivity with ChatGPT: AI Solutions for HR, …
By:Erica Chisolm & Vanessa Hardiman
Oct. 20, 2025
12:00 PM PDT | 03:00 PM EDT
I-9 Audits: Strengthening Your Immigration Compliance Strat…
By:Diane L. Dee
Oct. 20, 2025
10:00 AM PDT | 01:00 PM EDT
Dealing With Difficult People: At Work & In Life
By:Paul J. Cline
Oct. 20, 2025
10:00 AM PDT | 01:00 PM EDT
Excel - Reporting Simplified - Learn Pivot Tables from Scra…
By:Mike Thomas
Oct. 21, 2025
10:00 AM PDT | 01:00 PM EDT
Retention Starts Here: Stop Losing Your Critical Talent and…
By:Marcia Zidle
Oct. 22, 2025
10:00 AM PDT | 01:00 PM EDT
Turning Workplace Conflict into Positive Connection
By:Dannette Hoenisch
Oct. 22, 2025
10:00 AM PDT | 01:00 PM EDT
Project Management for Non-Project Managers - How to commun…
By: Charles H. Paul
Oct. 22, 2025
12:00 PM PDT | 03:00 PM EDT
The Business Case for LGBTQIA+ Inclusion in the Workplace: …
By:Dr. Susan Strauss
Oct. 23, 2025
10:00 AM PDT | 01:00 PM EDT
Conquer Toxic People - Learn To Protect Yourself And Get Yo…
By:Michael Healey
Oct. 24, 2025
10:00 AM PDT | 01:00 PM EDT
AI-Powered Change Leadership Operationalizing AI: Practical…
By:Nancy Amert
Oct. 24, 2025
12:00 PM PDT | 03:00 PM EDT
AI and Human Resources: The Great Opportunity!
By:Don Phin
Oct. 28, 2025
10:00 AM PDT | 01:00 PM EDT
Cyber Security Incident Response Team Training Program
By:Ms. Michael Redmond
Oct. 28, 2025
10:00 AM PDT | 01:00 PM EDT
Transforming Anger And Conflict Into Collaborative Problem …
By:Mark Gorkin
Oct. 29, 2025
10:00 AM PDT | 01:00 PM EDT
The Courage to Speak: Overcoming Fear and Owning the Room
By:Terry Winship
Oct. 30, 2025
10:00 AM PDT | 01:00 PM EDT
Finance & Accounting 101 Simplified
By:Richard E Cascarino
Oct. 31, 2025
10:00 AM PDT | 01:00 PM EDT
6-Hour Virtual Boot Camp on Microsoft Power BI
By:Jackie Kiadii
Oct. 31, 2025
10:00 AM PDT | 01:00 PM EDT