WED17 - Mitigating TBML Risks with Strengthened Oversight Systems

Description

• Creating institutional and client risk assessments based on factors such as geographic locations, beneficial ownership, nature of business and transaction patterns
• Training staff on typologies such as invoice manipulation, buyer/seller collusion and document fraud to enhance transaction screening and flag potential TBML activities
• Utilizing tools such as text and web analytics to attain operational efficiencies, standardize TBML oversight across enterprise and mitigate manual review error risks

Moderator(s):

• Marcy Forman, CAMS, CGSS, Managing Director, Head of Global Investigations Unit AML Compliance, Citigroup

Speaker(s):

• Jeffrey Pedecine, CAMS-FCI, Head of Sanctions, Apple Bank
• Karim A. Rajwani, CAMS, Senior Vice President, Chief Operating Officer, Scotiabank
• Michelle Rector, CAMS, Head of FIU, Raymond James Financial, Inc.
• Daniel Wager, CAMS, Vice President, Financial Crime Compliance, LexisNexis Risk Solutions