BSA/AML: Risk Assessment and Customer Due Diligence
Course Number: ABA
Course Code: ABA
This course explores the factors that affect a bank?s BSA risk profile and explains the importance of proper risk analysis steps and factors to consider. It focuses on how to identify the risks and assesses the impact and implements measures and controls to reduce and manage the risk.
Reviewed: September 2018 (no changes necessary)
Re-versioned: June 2016
What You’ll Learn
After completing this course, students will be able to:
-Identify the factors considered in assessing BSA risk
-Describe how a risk assessment impacts customer due diligence
Audience: CSRs, personal bankers, commercial lenders, and consumer lenders.