Risk Scoring Customers and Transactions (Audio/Visual CD-ROM)
The foundation of any anti-money laundering program is a realistic risk assessment by the financial institution of its customers, products and services. Here you'll learn the risk-scoring methodologies used by other institutions for a variety of customers and countries, including those for correspondent banks and "Politically Exposed Persons." You will also learn how to detect danger zones in new customer acceptance, how to assess the money laundering risk of customers and countries and how to construct a "risk matrix" and assign "risk scores" using criteria such as customer sophistication and indicated levels of "Know Your Customer" detail.
The Experts:
Susan J. Galli, CAMS
Senior anti-money laundering coordinator of Citigroup’s global anti-money laundering team. Previously she was AML officer of Banco Santander Central Hispano for the U.S and the Caribbean and assisted Latin American affiliates. Previously at Citibank she was director of AML compliance in electronic commerce. She has served on the U.S. Treasury Department’s Bank Secrecy Act Advisory Group.
Henry W. Grant, Jr., CAMS
He is responsible for all Bank of America International Money Laundering programs, and manages the Bank of America OFAC (Office of Foreign Asset Control) program. In the course of his career, he led various Money Laundering enhancement initiatives for Bank of America and has an extensive international banking and consumer banking experience.
Recorded: February 15, 2005Return Policy.
CD-ROMs are non-refundable after purchase. Replacement only if CD-ROM is returned.
