This course will provide attendees with a solid foundation to launch a career in the Bank Secrecy Act (AKA BSA) which encompasses anti-money laundering (AML) and the counter financing of terrorism (CFT). This program is comprised of 11 modules with each covering a specific area that pertains to a foundational understanding of BSA. Within these modules, our Director of Training, Nancy E. Lake, CAMS-Audit, CAMS-FCI, Â will provide an introduction to financial services, an introduction to BSA, as well as Currency Transaction Reports (CTRs)/Monetary Instruments (MIs)/Funds Transfers, an overview of risk assessments, with some specific risks to consider, Customer Identification Program (CIP)/Customer Onboarding, monitoring basics, Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD)/Beneficial Ownership, Office of Foreign Assets Control (OFAC), Suspicious Activity Reports (SARs), and actual Case Studies. After completing each module there will be a quiz, and a final exam will be given after all modules have been completed. Upon successful passing of the exam, you will earn a Certificate of Completion and receive 10.5 CRCM and CAFP credits with the American Bankers Association.
The objectives of this course are:
- To get a better understanding of financial services.
- To get a better understanding of the Bank Secrecy Act (BSA).
- To understand what CIP/CDD/EDD/Beneficial Ownership are and their importance in a BSA investigation.
- To recognize various risks and understand higher risk considerations when conducting investigations.
- To recognize what elements an investigator needs to gather, how to analyze the risks presented, and how to document the findings, in order to conduct an in-depth BSA investigation.
Accreditation:
You will earn 10.5 CRCM / CAFP credits from the ABA upon completion of the BSA Investigator course.
Course Format:
This course is designed for you to complete at your pace. The 11 modules cover roughly 9 hours of learning time. You will receive your certificate immediately upon successful completion of the exam.
Course Directions:
To begin the course, please click on the Introduction module below. You must complete each module with a passing quiz grade of 80% before moving to the next module. There is no limit to the amount of times you can take the quiz. Each module has a Lesson (video) that must be completed before you can take the quiz. Be sure to access the “Materials” tab to get a copy of the slide deck used in the Lesson as well as any handouts for each module.
While taking a module quiz:
- Click a number to go to that particular quiz question
- Answered questions are marked in blue while unanswered questions are white
- Click the “Review question” button to mark a question as “for review”
Browser Compatibility
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