Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
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If you are looking for an online Bank Secrecy Act (BSA) video training program that covers the key areas of a BSA/AML program, you have come to the right place.
The BSA Bootcamp! is designed to be a foundational (and comprehensive!) online course on the Bank Secrecy Act and anti-money laundering (AML) rules. Twice the length of a typical webinar, this Compliance Class runs around 3 ½ hours and takes a deep dive into the core elements of BSA rules that any BSA/AML professional should know and understand.
This comprehensive program is broken up into five different parts and explains 1) where the BSA rules came from, 2) how risk management should be at the foundation of any BSA program, 3) what the 5 pillars of BSA are and how they should be implemented in a financial institution, 4) the key areas of a BSA/AML program, and concludes with 5) some practical tips for understanding and managing a BSA program. The BSA Bootcamp! Includes both a comprehensive manual and 3 training videos. (See the full class curriculum below.)
Using layman’s terms and practical examples, this program is both comprehensive and easy to understand, and incorporates a bit of fun into the process. Not to mention a few good money laundering and fraud stories too.
While specifically designed to cover all of the foundational BSA/AML elements those new to BSA would need to know, this program would be beneficial for both new and seasoned BSA Officers, BSA back-ups, auditors, and anyone else with BSA responsibilities or oversight. This program would also serve as a comprehensive “refresher” for those looking for and easy-to-access BSA/AML training.
NOTE: The BSA Bootcamp! is a comprehensive BSA/AML training course that takes around 3 1/2 hours to complete. If you are looking for a shorter, higher-level overview of BSA/AML rules for financial institutions, be sure to check out our BSA Basics class here.
Regular: $399
Get 50% off the regular price for one additional attendee. The total cost will be the current price (regular or discounted) for the first attendee plus $199 for the second attendee. (Click the second button below to avail this discount.)
NOTE: If you would like to demo this class before you purchase it to make sure it's what you are looking for, just let us know and we can work something out.
Watch this video for a quick overview of the BSA Bootcamp! training program:
“I have attended multiple live presentations by Adam and recently attended he BSA Bootcamp. Adam does a nice job with keeping people engaged and doing so with a lighthearted approach to a very serious topic. Adam has a true love for compliance as shown by his incredible knowledge of the topics discussed!”
“I’ve been the Compliance and BSA Officer for almost five years. The BSA Bootcamp was a great refresher for BSA basics. I would recommend this course for anyone starting out in the BSA world. The manual was very detailed and will be a valued resource for my credit union. Also the videos were actually fun to watch! ”
“What I liked best was the personal touch in the videos. Most other webinars/digital classroom presentations are just slides with a voiceover. It was nice to see the presenters face and some personality.”
““Adam keeps you engaged. I love how upbeat he is. He had great stories and examples as well.””
““Adam’s presentation was very well presented. Very distinctly formatted and presented. He is very engaging and lively. Kept me focused throughout the webinar. He touched upon the main pillars, concerns, and issues of a BSA/AML program. The detailed information on the various topics refreshed my knowledge and understanding of BSA/AML. It gave me clarity on some vague understanding I previously had on various BSA/AML topics. It really, in fact, gave me insights to various areas in our own BSA/AML Program. I would recommend this webinar to all, not just BSA/AML officers and staff. Everyone in a financial institution should take this webinar to better understand why and how to safeguard and take a proactive role in protection and safeguard from the criminal minds in our communities, countries and the world.””
The class is presented in three separate videos (around an hour each) and covers the following topics related to the Bank Secrecy Act (BSA) and anti-money laundering (AML):
Part I: Brief History & Overview of BSA (Video 1)
CASE STUDY: Too-Close-To-Home
BSA/AML Overview
BSA/AML Laws & Regulations
Role of Government Agencies in BSA
Money Laundering & Terrorist Financing
Penalties for Violations of BSA
A Real Life Example (Case Study)
Part II: Understanding & Assessing Risk (Video 1)
Overview of BSA/AML Risk Requirements
Conducting a BSA/AML Risk Assessment
OFAC Risk
Part III: The 5 Pillars of BSA (Video 2)
Internal Controls
Independent Testing
BSA Compliance Officer
Training
Customer Due Diligence
Customer Identification Program
Beneficial Ownership Identification & Verification
Customer Due Diligence & Enhanced Due Diligence
Ongoing Monitoring
Part IV: Key Areas of a BSA/AML Program (Video 3)
CASE STUDY: The Rogue Salesman
An Overview of Currency Transaction Reporting (CTRs)
NOTE: This program does not include a line-by-line instruction of CTR completion.
CTR Exemptions
Systems to Identify & Report Suspicious Activity
An Overview of Suspicious Activity Reporting (SARs)
NOTE: This program does not include a line-by-line instruction of SAR completion.
Purchase & Sale of Monetary Instruments
Funds Transfers Record Keeping
Comparison with Government Lists
Office of Foreign Assets Control
Information Sharing
Special Measures
Foreign Correspondent Accounts
Private Banking Due Diligence
Foreign Bank & Financial Accounts Reporting
International Transportation of Currency or Monetary Instruments
Part V: Tips for BSA/AML Management (Video 3)
3 Tips for Managing a BSA Program
This Compliance Class is the length of two typical webinars and can be completed in about 3 1/2 hours. This class will provide you with everything you need to know about the foundational elements of a BSA/AML program.
The class includes the following:
A comprehensive course manual (67 pages)
Three “virtual classroom” instructional videos (3 1/2 hours of video instruction)
60-day access to the class
Certificate of completion (1 certificate per registration available upon request)
All of our Compliance Classes are presented in our virtual classroom approach. This approach is designed to bring the presenter to you (at a fraction of the cost of having a live person) and includes a video of the presenter in front of a slide presentation that replicates a typical seminar environment. In addition, our presenters take a three-part approach to compliance instruction: to educate, to empower, and to entertain. 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. We have found that this "3-E" approach allow students to learn as quickly and effectively as possible. And, it adds a little bit of fun to an otherwise dreadful topic.
Certificates of completion are now available upon request. One certificate is available per registration.
When you purchase this compliance class, you get instant access to the online version of this class for 60 days. You will also receive an electronic version of the accompanying manual to keep.
We believe in our training products so much that we are offering a 100% money back guarantee within the first 10 business days after purchase. If you do not feel that you received the value promised for this training session, contact us within the first 10 business days after purchase and we will either make things right or provide 100% of the purchase price back to you.
