2020 BSA/AML Top Gun Conference

Presented by BOL Conferences

Course description

Amid social distancing and canceled meetings, you still need to stay up-to-speed. We can make that happen. Right now, from any location, you can access the fast-paced, hands-on, eye-opening, informative, interactive, dynamic, and useful BSA/AML Top Gun Conference.

We included all the elements that have made every conference a success and added options and features that will allow you to get all the training, advice, and guidelines you need without travel - and from any location.As part of our "streaming" audience, you won't have any reason to travel (will also avoid those costs) and you can train your entire staff with one registration. Don't worry about gathering in large groups, we have made special arrangements so you can view the event from any location. Even better, we've just been approved for continuing education credit (14.75 CRCM credits, 14.75 CAFP credits, and 13 CAMS credits)!

Don't take our word for it. This is just some of what our attendees said.
"The BOL Top Gun conference was an excellent conference for a community bank. The information presented was done in such a way that it was easily understandable and relatable." - Lacey Spangler The State Bank & Trust Co.

"I cannot express the value of this conference. The content and speakers are terrific. I come away with great takeaways and a refreshed mindset."

"From my prior experience, this was the best conference overall. I learned quite a bit through the speakers' personal scenarios, regulatory advisory articles, and top 30 BSA violation discussions."

We also received lots of positive comments about individual presentations and the candor and clarity found in the frequent Q & A sessions. No other provider of BSA-AML education has met these challenges and this conference continues that effort.

To summarize:
  • Eliminate the travel
  • Avoid large groups
  • Train your entire staff (After purchase you may request addit'l logins to ensure staff can view independently)
    • Ask additional staff to create for a FREE account by registering at: https://www.bollearningconnect.com/users/sign_up
    • Email us a copy of your receipt for the program for which you registered along with the email addresses of each staff account you would like to access the training. We will then place the program in their individual accountsd for personal viewing.
  • Earn credit for attending

A G E N D A 

What Happened Since Last Year?
A high-level overview of BSA/AML developments from the last twelve months. We'll provide a fast-paced look at enforcement actions, new guidance, CTR Updates, and exam manual updates, and AML matters in the news.

Board training: What do they really need to know?
Facing the Board of Directors can sometimes be just as intimidating as hunting down suspicious activity. You have fifteen minutes (on a good day) to make an impression and ensure that the Board receives adequate training for one of the highest risk regulations, all while they are looking at their phones or their watches! This "train the trainer" session will give you some tips on how to maximize the time that you do have in front of the Board.

Transparency in the BSA Exam: How should you prepare?
The agencies published a joint statement to explain the risk-based approach to the BSA Examination process. However, the guidance does not provide the exact roadmap to which section of the exam procedures they will focus next. Rather it provides insights into the exam scoping process. This session will discuss the questions executive management and the BSA Officer should be asking and where you should focus your attention to ensure your institution is prepared for the next exam.

Lessons Learned from BSA Case Studies
Over time, BSA monitoring and reporting can often become redundant and routine as monitoring efforts don't always have exciting results. It is imperative that BSA professionals remain diligent to ensure that true BSA/AML concerns are not overlooked. Spoken from the perspective of bankers, this session will provide attendees with practical examples of what could go wrong relating to customer activity and what to look for in their organizations. From local kingpins to abuse of authority to desperate parents, this engaging session will provide several extreme stories of illicit customer activity.

Top 30 BSA/AML Violations
This fast paced and energetic session will review 30 of the most common compliance violations in 60 minutes. Aiming to communicate an average of 2 violations/problem areas per minute, the speaker will walk the tightrope between speed and effective communication. Violations have been compiled from the speaker's experience as an auditor, consultant, and BSA/AML professional as well as a survey of BSA professionals. Topics have been prioritized based on risk so that compliance professional can easily prioritize where to focus limited resources.

Currency Transaction Reporting Instructions Update
With minimal fanfare, FinCEN released revisions to the CTR Filing instructions for documenting multiple transactions and identifying the role of each person in Part I. This requires updates to batch filing software, adjustments to procedures and retraining for staff. This session will recap the changes and provide some examples to ensure that we implement the new requirements accurately.

Steps to a Successful Model Validation
Managing an automated monitoring solution is not as simple as turning on the software, no matter what the sales representative told management. Examiners expect to see that staff understands the data feeds, monitoring parameters and has adequate governance over the system's operation. Just because your vendor says the system is configured to "industry standards" does not mean that it is appropriately configured for your institution's risk profile. This session is tailored to preparing your institution for its next validation, but will also provide benefit for those institutions considering investing in an automated solution as you will be armed with the information that your sales representative may or may not tell you.

Virtual Currency: Exchanges Masquerading as Users
FinCEN restated its virtual currency guidance in the last year indicating that there continues to be a focus in this emerging technology. This session will focus on the suspicious activity red flags your institution should consider based on the guidance, due diligence steps and evaluate recent virtual currency related issues that have made headlines in the last year.

The Bank wants to provide services to that industry?
The FinCEN Culture of Compliance constantly reminds us that we need to balance profit with the infrastructure of managing risk. Many BSA Officers finds themselves faced with management that has a different risk tolerance. This session will discuss how to manage risk both from within your organization and also those risks that are being introduced to your organization. Learn to speak management's language in terms of profit and loss, understanding staffing needs, the soft costs of compliance and many other factors.

EDD: It's not just for high risk customers anymore
As we near the timeframe when the FFIEC begins revisions to the Examination Procedures, we've heard rumblings of additional focus on enhanced due diligence. Many institutions have anecdotally shared observations about increased examiner focus on enhanced due diligence documentation and process. This session will cover the evolving expectations of the 5th Pillar.

Hemp, CBD and Marijuana: Where are we today?
The clarity of marijuana, cannabis and their derivates seems more clouded by the "smoke" in the air than ever between the USDA, the FDA, Congress, FinCEN, prudential regulators and several state authorities. The session will cover the latest updates to proposed legislation and regulatory guidance to help your institution decide how best to navigate the uncertain terrain. Factor in major tax hurdles these businesses face, and you have a powerful incentive for some of the businesses to break the law.

BSA Pepper
In this lightning round, our entire panel discusses a wide range of key topics that don't individually require a lot of time but are nonetheless important.

Beneficial Ownership after the first exam cycle
It been almost two years since customer due diligence became the 5th Pillar and beneficial ownership data collection became a requirement. We'll discuss feedback institutions have received from their examiners. This session will also cover operational successes and setbacks as institutions work to comply with the requirements.

BSA: It's not just for Deposits
"How do I keep staff awake during BSA training?" "The Loan Department doesn't think that BSA applies to them." Although cash may be king when it comes to money laundering, once the placement stage is complete, other vehicles can be used for the layering and integration stage of money laundering. These aren't as easy to detect and a BSA Officer with a strong deposit background may not have the requisite knowledge to identify suspicious activity in other areas of the Bank. This session will expound upon money laundering red flags that do not involve deposit accounts and also provide real life examples that can help "spice up" BSA training for bank staff.

BOL Conferences
BOL Conferences

Victor Cardona

Opus Bank

Victor is currently Senior Vice President, BSA Officer at Golden State Bank in Los Angeles, CA. Victor has been in banking since 2004, specializing in BSA/AML compliance since 2005. Outside of the banking industry, Victor is also an Adjunct Professor at Cal Poly Pomona where he teaches Forensic Accounting.

Throughout Victor's career, he has held positions from BSA Analyst to BSA Risk Officer before becoming a BSA Officer, working at small to midsize banks such as Farmers and Merchants Bank of Long Beach and City National Bank. Prior to joining Golden State Bank, Victor was the BSA Officer at Mechanics Bank with oversight responsibility of their Financial Intelligence Unit (FIU), headquartered in Walnut Creek, CA.

Victor is the recipient of the 2019 Department of Homeland Security (DHS), Homeland Security Investigations (HSI), Los Angeles field office Private Partnership Award. He also received an Annual Law Enforcement Award from the Financial Crimes Enforcement Network (FinCEN) for playing an important role in a joint investigation by the FBI, IRS-CI, and the United States Attorney's Office, which led to the dismantling of an organized criminal enterprise that participated in bank fraud, conspiracy to operate an unlicensed wholesale distribution of drugs, and money laundering.

Victor received his Bachelor's Degree from Cal State Dominguez Hills in Accounting and his MBA from Utica College in Economic Crime & Fraud Management. Victor attended the police academy at the Golden West College Criminal Justice Training Center where he received a Certificate of Achievement in Criminal Justice, and attended the Homeland Security Investigations (HSI) Citizens Academy. Victor also currently sits on the ACAMS Southern California Chapter's Executive Board as their Co-Chair.

John Burnett


John Burnett joined Glia Group, Inc., and BankersOnline in 2004, and currently serves as Executive Editor. He is a 1990 honors graduate of the Stonier Graduate School of Banking and is an alumnus of the ABA National Compliance School, where he served on the faculty for several years.

John began his banking career in high school when he started as a teller at a $15 million bank that didn't have account numbers for its checking accounts (he says they actually filed by signature!) He joined Cape Cod Bank and Trust Company in 1971 and assumed the position of Compliance Officer in 1976. He also served as corporate secretary and secretary of CCBT's Board of Directors, as well as Clerk of the bank's holding company.

He was a member of the Massachusetts Bankers Association Legal and Regulatory Compliance Committee, and of the American Bankers Association Compliance Executive Committee and NCS/NGCS Advisory Board. He is a regular presenter of BOL Learning Connect webinars and a presenter at BOL Conferences events.

Brian Crow

Thomas Compliance Associates, Inc.

Brian Crow is Managing Partner & Co-President at Thomas Compliance Associates, Inc. in Chicago, IL. Brian brings 20 years of prior banking experience to the consulting field. He was most recently Assistant Vice President and BSA Administrator for a suburban Chicago bank, where his responsibilities included preparing the bank's annual BSA risk assessment and audit documentation. Earlier as Operations Officer at the same bank, Brian monitored AML activity, aided in the implementation of the bank's AML software, and designed the bank's authentication blocking program that helped to reduce debit card fraud losses by 95 percent. Brian's responsibilities also included managing the bank's Regulation E claims, managing the bank's courtesy overdraft program, reviewing Reg CC hold notices for accuracy, and processing claims for fraudulent signatures and endorsements.

Mr. Crow has been, and continues to be, an education consultant for BOL Learning Connect, conducting webinars that have covered VISA/MasterCard chargebacks, debit card compliance and fraud prevention for hundreds of banks. It was in this role that Mr. 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 head teller and then branch management responsibilities. He earned a B.A. degree in Theology from Concordia University, River Forest, Illinois. Because of his education background, Brian has been given the unofficial title of "Security Evangelist" as he strives to help financial institutions protect their bottom line from losses related to fraud.

Robin Guthridge, CAMS, CRCM

Wipfli LLP's

Robin Guthridge has a strong background in Bank Secrecy Act (BSA) compliance, leadership, and sales management. In addition to performing BSA, deposit, and loan compliance examinations for various institutions, she has developed, implemented, and presented annual BSA workshops for Wipfli LLP's clients and prospects and for various state banking associations. Robin uses her firsthand experience in the financial services industry to provide meaningful insight and helpful recommendations in the areas of BSA and deposit compliance. Her goal is to exceed client expectations with every contact.

Mary Beth Guard


Mary Beth Guard is one of the four co-founders of BankersOnline. For 16 years she served as the site's Executive Editor and is currently Executive Editor Emeritus. Mary Beth is also the director of BankCompliance.com (formerly BOL Insiders), the premier subscription-based compliance service now being offered online. Also, Mary Beth serves as CEO of Glia Group, Inc. (which produces BOL Learning Connect) and is a partner in BankGuard Resources. For more than three decades, Mary Beth has utilized her background as an attorney to focus on banking industry issues, first as general counsel for the Oklahoma State Banking Department, then as general counsel for the Oklahoma Bankers Association, prior to her work with BankersOnline.

Mary Beth has presented training programs for virtually every major national financial industry association, as well as more than a dozen state bankers associations and a host of other organizations. She is a frequent presenter of webinars and seminars. In addition, Mary Beth has written more than a thousand banking-related articles and is BOL Guru #1.

Adam Witmer

Compliance Cohort, LLC

Adam is founder/CEO of Compliance Cohort, LLC and a VP at a small community bank in Northern Indiana where he heads up the risk management, compliance, BSA, and audit programs. Adam has presented hundreds of BSA and compliance seminars and training sessions to thousands of bankers through partnerships with state banking associations throughout the US, is a former faculty member of the Community Bankers School (IL), and is a regular guest lecturer at Purdue University Fort Wayne (PFW).

Being passionate about compliance education, Adam utilizes a three-part approach to compliance instruction: to educate, to empower, and to entertain. For Adam, this is achieved by focusing on relevant topics, speaking in simple to understand, layman's terms, and by keeping it light and humorous whenever possible. Adam has found that this "3-E" approach allows attendees to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.

A regular contributor on the BankersOnline forums, Adam is a Certified Regulatory Compliance Manager (CRCM) and has been a BSA Officer for three different community banks. He has also held positions as a Senior Consultant at a regional consulting firm, an AVP and Director of Compliance for a multi-bank holding company, a banker at a large national bank, and a loan originator at a mortgage subsidiary of a regional community bank. He currently resides in Northern Indiana with his wife and three children. They have a cat named Nacho and a dog named Queso.

Course Curriculum

What Happened Since Last Year? :: Board training: What do they really need to know?
BSA AML Top Gun Conference 2020 Day One AM Session Part 1
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Lessons Learned from BSA Case Studies :: Virtual Currency: Exchanges Masquerading as Users
BSA AML Top Gun Conference 2020 Day One AM Session Part 2
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EDD It's not just for high risk customers anymore :: Beneficial Ownership after the first exam cycle
BSA AML Top Gun Conference 2020 Day One PM Session Part 1
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BSA, It's not just for Deposits :: Q and A
BSA AML Top Gun Conference 2020 Day One PM Session Part 2
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Hemp, CBD and Marijuana: Where are we today? :: Top 30 BSA/AML Violations
BSA AML Top Gun Conference 2020 Day Two AM Session Part 1
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Currency Transaction Reporting Instructions Update :: Transparency in the BSA Exam :: Q & A
BSA AML Top Gun Conference 2020 Day Two AM Session Part 2
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Steps to a Successful Model Validation :: BSA Pepper
BSA AML Top Gun Conference 2020 Day Two PM Session Part 1
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The Bank wants to provide services to that industry? :: Q & A
BSA AML Top Gun Conference 2020 Day Two PM Session Part 2
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Board Training Sample
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