AFC in Practice: Enhancing Your Customer Risk Rating Models
Overview
This session explores customer risk rating models from a regulatory perspective, such as FFIEC guidance, and industry best practices. Attendees will learn how to identify relevant risk factors and data sources, compare different modeling approaches, and avoid common design and implementation flaws that can impact model accuracy and regulatory compliance. The discussion will highlight the importance of aligning risk rating practices with a focus on a risk-based approach, transparency, and thorough documentation.
Learning Objectives
Identifying key customer risk factors, data sources, and regulatory expectations that support effective risk evaluations
Comparing customer risk rating models used across financial institutions
Analyzing common pitfalls in risk rating model design and implementation that can impact accuracy and regulatory compliance
Who Should Attend?
- Audit
- BSA/AML Officers
- Project Managers
- Credit Union
- Crypto-Assets Service Provider
Topics
- Technology
- Artificial Intelligence
- Internal Audit
- Financial Crime Controls
- KYC
- Anti-Money Laundering and Countering the Finance of Terrorism
- Auditing Controls
- Compliance Monitoring and Testing
Industries
- Financial Services
- Banks
- Professional Services and Technology Solution Providers
- Software Solution Providers
Level
- Intermediate
Pricing
- Webinars are available one year following purchase.
- Access every ACAMS webinar live or on demand
- Get cutting-edge insights from industry experts
- Earn ACAMS credits