Community Institutions Roundtable: Adopting New, Enhanced Controls to Mitigate Emerging Anti-Financial Crime Threats

  • When: October 9, 2019
  • Time: 12PM – 2PM ET
  • Level: Intermediate to Advanced

Community institutions are under more pressure than ever to leverage personnel and technology effectively and to understand recent enforcement actions against community banks in order to spare themselves similar trouble. Join us for a discussion of best practices for oversight of third-party compliance partners, upgrading CDD procedures and stretching your anti-financial crime (AFC) resources. This webinar will also outline community bank trends, proposed rules, and new regulations, while offering practical steps to addressing AFC issues.

Learning Objectives

  • Analyzing regulatory actions against community institutions to highlight your compliance risks
  • Conducting a risk-based assessment on vendors and addressing the challenges around integrating vendors’ products and delivery channels with bank’s internal controls
  • Optimizing AFC resources by utilizing resources such as professional networks and law enforcement to continuously update knowledge in areas such as crime trends and tech innovations
  • Undertaking institutional risk assessments to prioritize AFC needs and rationalize allocation of resources

Who Should Attend

  • Banking Managers
  • Compliance Personnel
  • AML Consultants
  • Legal and Audit

Region/Industry

  • Global
  • North America
  • Bank/Credit Unions

Pricing

ACAMS Members Non-Members
$245 $445
Register Now Join ACAMS

Moderator

William Voorhees
  • William J. Voorhees¸ MFA, C.F.E., CAMS

  • Senior Vice President Financial Intelligence Unit Manager
  • BB&T

Bio

Mr. Voorhees is the manager of the Financial Intelligence Unit at BB&T Bank in Raleigh, NC. Within the FIU at BB&T, Will manages AML Operations, Investigations, EDD/KYC and Global Sanctions. Prior to this role, Will Was the Head of BSA/AML at Silicon Valley Bank in Santa Clara, CA.

Over the past few years, Will has become an expert in payments and digital currencies, including Bitcoin, and has spoken on the topic to numerous professional groups and government agencies all over the world.

Will is a former police officer and holds a Master’s degree in Forensic Accounting. He is a Certified Fraud Examiner and Certified Anti-Money Laundering Specialist and is a founding co-chair of the Northern California and Greater Phoenix chapters for ACAMS.

Speakers

Jilenne Gunther
  • Sara Beth Felix, CAMS

  • President
  • Palmera Banking Solutions


Kenneth Simmons
  • Kenneth Simmons, CRCM, CAMS-AUDIT, CAMS-FCI

  • Compliance and AML Solutions

Kenneth serves on the the ACAMS- Advanced AML Audit Certification program review board. A Compliance/BSA professional serving the financial industry for over 30 years. Kenneth is the SVP, Chief Compliance / BSA Officer of Hamilton State Bank in Georgia. Subsequent to this, he served as a SVP, Compliance/ BSA Testing Division Manager for BB&T. Kenneth Served as a Compliance/ BSA Specialist Examiner for the Office of the Comptroller Currency (OCC) and the Federal deposit Insurance Corporation (FDIC). During this tenure, he succeeded as an instructor for the OCC’s Compliance Examination School and the Advanced BSA School for Examiners. Kenneth also served as the Functional Examiner-In-Charge for several Mid-size financial institutions. He was a General Auditor for a multi-billion dollar financial institution; served as a Compliance Officer for smaller Community Banks; and V.P Compliance Officer for some of the country’s largest financial institutions. Kenneth has spoken at industry conferences throughout his career and served as a panelist for The OCC, FNMA, Alabama Banker’s Association – BSA conference, and ACAMS AML Conference. He also serves as founding chairman of a Compliance/ BSA Roundtable based out of Atlanta Georgia and sponsored by the Community Bankers Association. Kenneth has been published several times including a BSA-related white-paper entitled “Learning from the mistakes of others”. This is the only white-paper ever published addressing BSA Matters Requiring Attention (MRAs) issued by the OCC. He also authored other articles including “Utilizing NAICS codes to increase the effectiveness of your BSA/AML Program”. Kenneth has a proven track record of success, helping financial institutions exceed by enhancing BSA/AML programs to exceed supervisory expectations and empowering others to succeed. Important concepts for success include “Forecasting risk is the only way to proactively control losses” and “Revenue Protection is just as important as Generating Revenue”.


Elizabeth Slim
  • Elizabeth Slim, CAMS

  • FVP Regulatory Trainer
  • Commonwealth Business Bank