Cram for the Exam: Best Prep Strategies for a Regulatory Examination

  • When: July 29, 2020
  • Time: 12:00 – 2:00 PM ET
  • Level: All

Few issues produce more angst for compliance professionals than an upcoming regulatory exam. From the discomfort of the intense scrutiny, to anxiety over what an examiner’s priorities will be, or concerns about a potential negative outcome, exams have been known to cause more than bit of unease. But as the saying goes, well begun is half done — and exams actually begin with rigorous and thoughtful preparation. Join these expert panelists as they outline the most practical and productive ways to prepare for exams, to achieve optimal results once they’re fully done.

Learning Objectives

  • Reviewing recent updates to the FFIEC manual to understand implications in areas such as regulatory requirements vs. expectations and tailoring exams to a bank’s unique risk profile
  • Auditing controls in areas such as onboarding and beneficial ownership determination to affirm strengths of oversight and detect and self-disclose systemic gaps in risk management
  • Preparing internal stakeholders such as senior managers and business line leaders to discuss issues such as training and SAR filing protocols to demonstrate rigorous culture of compliance

Who Should Attend?

  • BSA/AML Officers
  • Auditors
  • Risk Management Specialists
  • Industry Consultants
  • Legal Services Providers

Region/Industry

  • Global
  • Banking
  • FinTech
  • Credit Unions
  • Securities
  • MSBs

Pricing

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

Moderator

  • Jennifer B. Morrison, CAMS-Audit

  • VP, Senior Risk Manager
  • Corporate One Federal Credit Union

Presenters

  • Katy Elliot

  • Vice President Risk Management and Compliance
  • Stanford Federal Credit Union


Sherri Scott
  • Sherri Scott, CAMS-Audit, CAMS-FCI

  • Agent
  • Global AML Solutions

Bio

After completing her Masters of Business Administration (MBA) from Eastern Illinois University, Sherri worked as a bank regulator for the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC). Her inquisitive nature led her to work for the Federal Bureau of Investigation (FBI) in the Counterterrorism and Counterintelligence Unit. Subsequent to the FBI, she returned to the banking industry and sharpened her skills where Sherri personally led the investigation of a multi-million dollar international fraud scheme that was bought to prosecution by the U.S. Attorney’s Office.

Sherri is also a Certified Anti-Money Laundering Specialist (CAMS) and one of the few individuals to have both of the advanced CAMS certifications in Audit and Financial Crimes Investigations (FCI). The Association of Certified Anti-Money Laundering Specialists (ACAMS) has published two of her white papers, “CannaBanking: Cultivating a Culture of Compliance” and “Cryptocurrency Compliance.


Daniel Stipano
  • Dan Stipano

  • Partner
  • Buckley Sandler LLP

Bio

Dan Stipano brings more than three decades of bank regulatory and enforcement experience to his position as a partner in BuckleySandler LLP’s Washington DC office. In his practice he advises on all aspects of bank regulatory and compliance issues, represents clients in state, federal, and foreign banking enforcement actions, and provides assistance in establishing, maintaining, and monitoring Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance programs.