Outlining Historic and Evolving Methods of Terrorist Financing to Strengthen CTF Oversight
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU06
• Differentiating sources of terrorist funding such as transnational criminal networks, sympathizer contributions and fake charities to ensure comprehensive CTF oversight
• Identifying historic and evolving methods of terrorist financing including hawala and cryptocurrencies to promote awareness of new and growing risks
• Reviewing best practices for disrupting terrorist financing systems such as creating CTF-centric risk assessments and formalizing systems for filing SARS and collaborating with law enforcement
Moderator(s):
- Dennis M. Lormel, CAMS, President and Chief Executive Officer, DML Associates
Speaker(s):
- David Szuchman, Vice President, Head of Global Financial Crime Compliance, Paypal
- Brian Filbert, Executive Director, Global Head, Financial Intelligence Unit, JPMorgan Chase & Co.
- Todd Porter, CAMS, Assistant Chief – Strategic Partnerships/Terrorist Financing, Federal Bureau of Investigation
- Scott Rembrandt, Deputy Assistant Secretary for Strategic Policy, U.S. Department of the Treasury
Fintech Safety Check: Effective AML for the New Era of Financial Services
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU07
• Defining institutional risk appetite and tolerance and to build awareness by front line staff and potential fintech customers of bank standards and allocate oversight resources as needed
• Conducting risk-based assessment of discrete fintech products including those developed internally to ensure proper AML rigor in areas such as CIP, KYC/CDD and product lines
• Auditing fintech clients to determine adequacy of AML controls, document metrics such as SAR filing trends and sufficiency of organization’s culture of compliance
Moderator(s):
- Melissa Strait, CAMS, Global Head of Financial Crimes, Stripe
Speaker(s):
- Andrew Davies, CAMS, Vice President, Global Market Strategy, Financial Crime Risk Management, Fiserv
- Gene DiMira, CAMS-Audit, Head of Global Compliance AMLATF Program, Manulife Financial
- Nicole M. Kitowski, PMP, CAMS, EVP, Deputy Chief Risk Officer, Associated Bank
- John Roth, Chief Compliance and Ethics Officer, Bittrex
Crafting Detection and Investigation Systems to Fight Human Trafficking
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU10
• Detailing forms of human trafficking such as migrant smuggling, forced labor and sex slavery to build oversight models based on discrete typologies and institutional risks
• Training staff on red flags such as frequent wire transfers below required reporting thresholds and deposits/withdrawals indicating funnel account activity
• Filing SARs as warranted, facilitating information sharing under 314(b) and collaborating with law enforcement and NGOs to investigate and resolve alerts
Moderator(s):
- Michael Greenman, Senior Vice President, Chief Counsel, AML and Economic Sanctions Law, U.S. Bank
Speaker(s):
- Marcy Forman, CAMS, CGSS, Managing Director, Head of Global Investigations Unit AML Compliance, Citigroup
- John F. Tobon, Deputy Special Agent in Charge, Homeland Security Investigations
- Rochelle Keyhan, Chief Executive Officer, Collective Liberty
- Peter Vincent, General Counsel Assistant Director General, Thomson Reuters Special Services
Positive Actions: How to Reduce False Positives and Enhance AML Efficiency
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU11
• Reviewing current false positives to identify systemic causes such as reliance on legacy systems, static risk assessment models and regulatory expectation concerns
• Supplementing staff expertise with advanced analytics and predictive models to hone risk detection and foster robust alert signaling processes
• Working with oversight bodies to ensure revamped systems meet regulatory requirements and mitigate potential risks such as false negatives
Moderator(s):
- Chuck Taylor, CAMS, Executive Vice President, Head of Financial Crimes Advisory, AML RightSource
Speaker(s):
- Jason Chorlins, CPA, CFE, CITP, CIS, CAMS, Principal Banking Practice Leader, Risk Advisory Services, Kaufman, Rossin & Co.
- Brian Ferro, Global Product Manager, AML/BSA Compliance, BAE Systems
- Tim Lutz, Director, Financial Intelligence Unit, US Bank
- Joe Soniat, CAMS, CFE, Account Risk Management Sr. Associate, Federal Reserve Bank of New York
Audit-Proof Your AML/FCC Training Programs
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU12
• Collaborating with lines of business to analyze individualized job duties and functions and craft risk-based employee training policies and procedures accordingly
• Crafting targeted training materials and delivery systems to produce demonstrable subject matter competence that strengthens compliance oversight
• Obtaining management buy-in on training’s value in achieving risk management goals and establish timely completion of required instruction as an institutional priority
Moderator(s):
- Michael S. Schidlow, CAMS-Audit, Expert Consultant in Financial Crime Compliance
Speaker(s):
- David Deleon, CAMS, Senior Manager, Finance & Risk Practice, Accenture
- Jack Oskvarek, CAMS, CAFP, AMLP, Senior Vice President, BSA Executive Director, Wintrust Financial Corporation
- Kimani Rogers, CAMS, Executive Director – Global KYC Audit Manager, JPMorgan Chase & Co.
- Scott Willis, Deputy Chief BSA/AML Officer, Raymond James Financial Inc.
MSB AML Best Practices: From Fintech Startups to Multinational Organizations
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU13
• Identifying unique MSB and Fintech challenges with AML issues such as KYC/CDD to develop effective oversight responses including enhanced monitoring models and risk management protocols
• Utilizing technology and training to meet regulatory expectations regarding agent oversight and strengthen risk management in areas such as onboarding and alert resolution
• Documenting ongoing AML/BSA compliance policies and best practices to foster and maintain productive relationships with banking partners
Moderator(s):
- Diego Rosero, CAMS, Director and Head of AML/CFT Reporting & Strategic Policy, Western Union
Speaker(s):
- Scott Apodaca, CAMS, Director, Financial Intelligence Unit, Western Union
- David Griesbach, CAMS, Product Manager – Payments, Compliance and Identity, Alpabet and Google
- Anthony L. Rodriguez, CAMS, Chief Risk & Compliance Officer, Data Protection Officer, AFEX
Understanding the Impact of the CDD Rule on Customer Risk Rating
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU14
Presented by LexisNexis
Identifying a customer or beneficial owner’s risk related to money laundering or terrorist financing is the cornerstone of a comprehensive CDD program. In light of the new CDD Rule, now is the perfect time to take a fresh look at your customer risk rating policies and procedures and revise how you determine customer and beneficial owner risk. In this session we will discuss how to:
• Develop a comprehensive Customer Risk Rating Program using quantitative and qualitative approaches
• Find unknown and hidden customer and beneficial owner risks
• Leverage technology and the customer risk rating to automate processes and reduce manual reviews
Speaker(s):
- Aaron Blankenstein, Chief Compliance Officer, WebBank
Moderator(s):
- Jennifer McEntire, CAMS, Director, Market Planning, Financial Crimes Compliance, LexisNexis Risk Solutions
Speaker(s):
- Devesh Desai, Principal, Financial Crime Unit, PwC
- Juanita Locker, AML Transformation Leader, KeyBank
- Chip Poncy, President and Co-Founder, Financial Integrity Network
Driving the Shift to Next Generation AML: Emerging Technologies and Managed Services
Oct 4, 2018 10:35am ‐ Oct 4, 2018 11:50am
Identification: THU15
Presented by Promontory
• Engaging industry experts and managed services to increase compliance program efficiency and effectiveness
• Exploring use case examples utilizing cognitive, RPA and other technology to identify financial criminals
• Improving the customer experience through optimized processes, machine learning, and enhanced privacy and security protocols
Moderator(s):
- Alan Schienberg, Senior Vice President, Promontory Risk Review, an IBM Company
Speaker(s):
- Nikhil Aggarwal, Director, Promontory Financial Group, an IBM Company
- Marc Andrews, Vice President – Financial Crimes and Conduct Risk, IBM Watson Financial Services Solutions
- Dustin Palmer, Managing Director, Promontory Financial Group, an IBM Company
A Bright and Shining SAR: Practical Tips to Polish SAR Narratives
Oct 4, 2018 1:00pm ‐ Oct 4, 2018 2:15pm
Identification: THU20
• Reviewing assembled evidence to determine themes to be explored and documented in SAR narrative
• Creating a narrative outline to guide a linear chronicling of suspicious activities being reported
• Editing narrative to ensure information is complete and accurate, eliminate unnecessary or redundant details, and determine filing conforms to FinCEN guidance and expectations
Moderator(s):
- Colby Adams, Managing Editor, ACAMS moneylaundering.com
Speaker(s):
- Victor R. Cardona, CAMS, Senior Vice President, BSA Officer, Financial Intelligence Unit, Mechanics Bank
- Lauren A. Kohr, CAMS-FCI, Senior Vice President, Chief Risk Officer, Old Dominion National Bank
- Michael S. Schidlow, CAMS-Audit, Expert Consultant in Financial Crime Compliance
Analyzing Regtech’s Risks and Rewards
Oct 4, 2018 1:00pm ‐ Oct 4, 2018 2:15pm
Identification: THU21
• Contrasting supervised learning and rules-based monitoring to optimize regtech’s potential to mitigate regulatory risks in areas such as sanctions and KYC
• Detailing best practices for risk-based systemic inputs to regtech systems to achieve optimal accuracy and functionality of data outcomes
• Resolving challenges to regtech implementation including costs, recruitment of talent and lack of data harmonization across business lines
Moderator(s):
- Hue Dang, CAMS-Audit, Head of Asia Pacific, ACAMS
Speaker(s):
- Aaron Blankenstein, Chief Compliance Officer, WebBank
- Alex Christian, CAMS, Compliance and Risk Director, Metal Pay
- Markus Schulz, Global Head of Change Management Financial Crimes Compliance, ING
- Alex Zuck, Vice President – Product, RDC