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This 60-minute webinar will summarize the importance of performing BSA/AML/OFAC risk assessments properly. It will discuss the various components needed in order to implement an effective risk assessment, as well as, what is needed to maintain an appropriate risk assessment on-going of BSA/AML/OFAC. It will provide insight to what regulators and examiners expect from financial institutions in their BSA/AML/OFAC Risk assessments.


Conduct an effective BSA/AML Risk Assessment for your financial institutionImplement effective BSA/AML risk assessments.Implement best-practice risk assessment strategiesAdvise management on continuous monitoring of BSA/AML riskAdvise management of how the BSA/AML risk assessment plays a critical role in the Enterprise Risk ModelRecommend BSA/AML risk assessment approaches and oversight


Regulatory scrutiny and focus continues to grow as the financial landscape evolves. It is more critical now to ensure that your organization is adhering to industry best practices when fulfilling its compliance obligations. Failure in understanding the expectations of regulators and examiners could potentially put an organization at risk for being non-complaint, which could in turn result in monetary fines, reputational damage, and imposed enforcement actions. By attending this webinar, you will assist in your compliance efforts by gaining valuable insight of expectations, approaches, and oversight our today’s compliance environment.


BSA/AML/OFAC Risk Assessment ExpectationsImportance of working with all areas of financial institution for establishing appropriate risk ratings for BSA/AML/OFACAreas to be covered by the risk assessmentRisk rating guidelines and suggestionsMonitoring of risk ratings


Banking and Financial ServicesRisk ManagementCorporate GovernanceBanks and Credit Unions Accounting and TaxationReporting Metrics PoliciesRisk Management & ControlsFinancial Risk ManagementAudit & Inspection-RoleInternal AuditFinancial AuditDocumentation and Policy ManagementBanking & FinanceFinance Sox & Internal controlCompliance & EthicsFinancial Services and TradingAccounting Audits


Dr. Gina J. Lowdermilk, PhD (ABD), CAMS, CRMS is a qualified BSA/AML and Financial Regulatory Compliance professional with extensive policy and procedure development and implementation, training, internal audit, monitoring, risk management, and reporting experience. Her emphasis has been on working with financial institutions that are experiencing regulatory concerns and resolutions, including enforcement actions such as memorandums of understanding and cease and desist orders. Her 15 years of experience has given her the opportunity to work with small community banks to large international financial institutions. Her roles not only included BSA/AML and Compliance, but also operations, lending services, business development, marketing, management, department development, and asset quality. Ms. Lowdermilk has worked with all of the financial regulators and examiners. She possesses advanced Microsoft Excel, PowerPoint, Word, Internet Explorer, Visio, and Access skills. She also has experience with FiServ, BAM, CRA Wiz, TeamMate, COGNOS, and Metavante banking software. Gina has been responsible for creating both recurring and ad hoc executive management and board presentations. In addition to her above experience, she is also an adjunct instructor for the business and construction management programs at a local college, as well as writes numerous BSA/AML and Compliance articles, training materials, and manuals as per clients’ requests.

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