The ABCs of FIUs: Building an In-House Financial Intelligence Unit to Bolster AML

Sep 26, 2017 1:00pm ‐ Sep 26, 2017 2:15pm

Identification: TUE17

• Determining objectives of FIU to ensure team’s skills serve goals such as managing case investigations and identifying unusual transaction patterns

• Integrating FIU into existing AML infrastructure to enhance proficiencies in areas such as peer review of red flag resolutions and SAR documentation

• Utilizing FIU personnel as subject matter experts on issues such as OFAC compliance, case escalation and risk-based recommendations on client relationships


Budget Stretching 101: Practical Strategies to Help Compliance Dollars Work Overtime

Sep 26, 2017 1:00pm ‐ Sep 26, 2017 2:15pm

Identification: TUE18

• Ranking AML priorities by size and urgency to rationally allocate available resources

• Conducting cost/benefit analysis of compliance operations to identify economically beneficial outsourcing opportunities

• Leveraging investigate and training resources by strategically partnering with law enforcement, professional networks and regulatory agencies


On High Alert(s): Managing SAR Volume and Risk with Scoring Alerts and SAR Triage

Sep 26, 2017 1:00pm ‐ Sep 26, 2017 2:15pm

Identification: TUE19

• Detailing methods to score alerts based on descriptive analytics such as customer profile and predictive analytics including transaction monitoring histories

• Assigning risk scores to alerts to produce informed decisions on escalation and SAR filing

• Creating investigative and technological systems to conduct risk-based SAR triage and enhance AML efficiencies


TBML in the 21st Century: Time-Tested Strategies to Combat Trade-Based Money Laundering

Sep 26, 2017 2:45pm ‐ Sep 26, 2017 4:00pm

Identification: TUE20

• Training staff on transactional red flags for TBML typologies such as invoice falsification, accommodation trading and unusual shipping patterns

• Creating risk-based risk-based anti-TBML models utilizing Know Your Importer/Exporter and data including geographic, product line and business model profiles

• Reviewing emerging trends in data analytics for potential application in future anti-TBML initiatives


Teaming Up: Utilizing Outsourcing to Strengthen Oversight

Sep 26, 2017 2:45pm ‐ Sep 26, 2017 4:00pm

Identification: TUE21

• Differentiating state and federal laws and myriad forms of marijuana-related business licenses to effectively analyze unique MRB risks

• Developing clear AML policies and procedures on banking MRBs and associated businesses to mitigate direct and indirect risk exposures such as commingled funds

• Assessing potential changes in federal law or regulation to determine future opportunities or regulatory risks associated with MRBs


Continued Confusion or Clarity?: The Latest On Banking Marijuana Businesses

Sep 26, 2017 2:45pm ‐ Sep 26, 2017 4:00pm

Identification: TUE22

• Differentiating state and federal laws and myriad forms of marijuana-related business licenses to effectively analyze unique MRB risks

• Developing clear AML policies and procedures on banking MRBs and associated businesses to mitigate direct and indirect risk exposures such as commingled funds

• Assessing potential changes in federal law or regulation to determine future opportunities or regulatory risks associated with MRBs


The Future is Here: Taking Your AML Program to the Next Level with Intelligent Automation

Sep 26, 2017 2:45pm ‐ Sep 26, 2017 4:00pm

Identification: TUE23

Presented by NICE Actimize

• Opportunities for automation throughout the complete AML lifecycle

• Leveraging machine learning to optimize your program quality

• Practical next steps: how to begin your intelligent automation journey


On Balance: AML Veterans on Nurturing Your Career, Your Family - and You

Sep 26, 2017 2:45pm ‐ Sep 26, 2017 4:00pm

Identification: TUE24

Call it a case of check and imbalances. Whether preparing for an examiner visit or getting to the school play before the curtain rises, studying the latest FinCEN guidance or trying to get a workout in, AML professionals are keenly aware that time is a precious (and scarce) resource. At this panel, join seasoned professionals for tips on how to survive and thrive in an enriching, fascinating -- yet ever-demanding -- profession.


Life after Law Enforcement (and Other Public Sector Jobs): Transitioning to Private Sector AML Careers

Sep 26, 2017 2:45pm ‐ Sep 26, 2017 4:00pm

Identification: TUE25

• Reviewing current personal skills sets to identify professional strengths and opportunities to add expertise and credentials

• Building a personal brand by updating resume to include search engine optimization terms and networking via social media and professional associations

• Conducting pre-interview research on potential employers to ensure valued core competencies such as managing investigations are highlighted


Golden Opportunity: Safely Banking the De-Banked

Sep 26, 2017 2:45pm ‐ Sep 26, 2017 4:00pm

Identification: TUE26

• Identifying reasons for entity’s de-banking to ascertain capacity to manage AML risks such as geographic location, business sector and preferred banking services

• Monitoring and reviewing client’s transactional behavior to detect and resolve alerts and mitigate potential AML risks such as PEP exposure

• Auditing client’s AML practices regularly to ensure conformance with institutional standards and guide account continuance decisions