Curriculum

Regulatory guidance and network rules require that financial institution perform appropriate due diligence prior to approval.  Financial institutions struggle with understanding how to effectively risk rate their treasury clients based on products and services, financial status, bank statement history, transactional risk reviews, and the ability to meet BSA standards.


This risk webinar will focus on how to risk rate the customers using a risk rating methodology that takes into considerations all types of risks and assists treasury officers and relationships managers on appropriately risk rating, setting exposure limits and pre-determining when the periodic review should be performed based on the risk rating of the customer at the beginning and throughout the duration of the relationship.


Topics Covered:

  • Regulatory and network requirements for ACH, RDC, Wires, Lockbox and other Treasury Services;
  • Review of each recommended risk criteria;
  • Best business practices for risk scoring each criteria;
  • Using a risk methodology approach for performing periodic reviews;
  • How to more practically assess treasury services risks.

Special Bonus Best Practices Takeaway


  • Sample Treasury Services risk scoring matrix 

Instructor

  • Terri Sands

    Terri Sands

    Secura Risk Management / Founder


    Throughout her career, Terri has served as a leader in the payments and fraud prevention industry, providing education, risk management and compliance consulting and support services geared toward the specific needs of financial organizations. Terri is an Advanced Certified Anti-Money Laundering Specialist, an At-Risk Adult Crime Specialist and an Accredited ACH Professional. Prior to founding Secura, Terri served as co-founder of Payments Information Circle (PIC), a service organization providing payments industry education, auditing, consulting, resources, and support services to financial organizations throughout the country. Prior to her work at PIC, Terri also served as the President of GACHA, a non-profit, regional payments association where she provided strategic direction for financial institutions in the payments industry. Terri began her career in payments as a Senior Analyst with the Federal Reserve Bank of Atlanta where she provided training throughout the Sixth District and served on the Federal Reserve ACH Conversion Team that consolidated ACH Services for all branch locations in the Sixth District.

Credits

1.0 CPE Credits & 1.2 AAP Credits