Building, Implementing and Maintaining an Effective Quality Assurance Testing Program

  • When: August 28, 2019
  • Time: 12PM – 2PM ET
  • Level: Intermediate to Advanced

Testing the effectiveness of your anti-financial crime (AFC) controls requires a continuous approach, including identifying deficiencies and bridging gaps between operations and compliance. From executing reviews, identifying weaknesses and engaging with senior management to validate that corrective actions have been properly taken. This webinar’s expert panelists will detail best practices for your AFC quality assurance testing program that will ensure you are meeting regulatory standards and the expectations of examiners.

Learning Objectives

  • Identifying key components to an AFC QA testing program, including a strong governance structure that includes training, audit risk assessment and metrics, and technology audit
  • Developing a standard testing program to ensure consistency of audit tests across line of businesses
  • Engaging with senior management to develop corrective actions for control deficiencies identified in testing
  • Exploring potential future enhancements to AFC QA testing program functions, including business process management, AI, traditional application automation and robotic process automation (RPA)

Who Should Attend

  • Banking Managers
  • Compliance Professionals
  • Auditors
  • BSA/AFC Officers
  • Risk Managers
  • Internal Training Specialists
  • AFC Consultants

Region/Industry

  • Global
  • Banking
  • Securities
  • MSBs
  • Credit Unions

Pricing

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

Moderator

Maria Lourdes Jimenez
  • Marilú Jiménez

  • President
  • FincAdvisors

Speakers

  • Kristin Pullar, CAMS-Audit

  • Vice President Internal Audit
  • Western Union


Sherri Scott
  • Sherri Scott, CAMS-Audit

  • Agent

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.


Angel Swift
  • Angel Nguyen Swift, CAMS

  • Independent Consultant
  • Angel Swift Collaborations LLC

Bio

Angel Nguyen Swift is an advisor and independent consultant with Enigma Technologies, a data intelligence company, where she most recently worked as the Vice President of Compliance and Financial Crimes Solutions. She is also the creator of the STAT (Stand Together Against Trafficking) project, which connects the anti-human trafficking community to identify and share financial indicators of human trafficking activity. To further this mission, she has partnered with Polaris, ACAMS (Association of Certified Anti-Money Laundering Specialists) and Enigma, to leverage technology to empower the sharing of these financial indicators across the anti-financial crime community.

At Enigma, she led strategic initiatives focused on bringing augmented intelligence to help financial crime professionals make informed decisions effectively. Her work included helping financial institutions assess their current AML processes to identify areas where technology could strengthen and close gaps in their programs. In addition, Angel has been called upon by financial institutions to assess and develop strategic initiatives to build and restructure their financial intelligence units (including SAR investigations, EDD, KYC Refresh, sanctions/PEP screening and review, transaction monitoring, information sharing program). Angel has also led and advised on product research initiatives to develop Enigma’s Screen product, a watchlist screening engine which deploys a methodology premised on advanced data matching algorithms and machine learning. Research and development included deepdives into sanctions screening processes at financial institutions.

Prior to Enigma, Angel spent nearly a decade building and leading the financial intelligence unit (FIU) at American Express. Under her leadership, the FIU expanded from five people focused on the U.S. card business to nearly 500 people supporting the enterprise in more than 40 countries. As VP of the FIU, Angel was responsible for establishing and maintaining an end-to-end program that supported the suspicious activity reporting process, including transaction monitoring rule development, quality control, sanctions screening and investigations, enhanced due diligence reviews, KYC refresh, anti-corruption and bribery monitoring and investigations, and special investigations. Her responsibilities also included leading development of technology solutions for the FIU, managing regulatory examinations conducted by all federal and state agencies, and spearheading the development, implementation, and presentation of large-scale remediation efforts related to the company’s AML program.