Developing Mid-Level Professionals While Keeping Up with Emerging Technologies

Kyle A. Farina

Even the most sophisticated Anti-Money Laundering (AML) programs have flaws. A Bank Secrecy Act (BSA) officer is only as good as their team. Training opportunities exist for entry level as well as advanced or specialized segments of the industry. However, the industry lacks opportunities for mid-level professionals. With all the advances in technology, it can be difficult to keep up. Fortunately, with an open mind, you can conquer these challenges. From various ways to engage your team with new opportunities to an overview of new technologies with ways to implement them into your program, this paper will cover these topics.

It is becoming increasingly difficult to find opportunities for mid-level professionals. Talking with managers in the BSA/AML industry, they agree that the segment of those with 2-5 years’ experience is becoming one of the most sought after segments for talent. Keeping that talent engaged with all the technology taking off in the industry can be a real issue for leaders.

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