Finding Balance: Managing the Risks of Correspondent Banking

  • When: October 16, 2019
  • Time: 12PM – 2PM ET
  • Level: All

Correspondent banking is a vital link in global finance. However, navigating its murky waters is no easy task. For starters, regulators are encouraging financial inclusion, but financial inclusion is potentially quite risky. There are certain jurisdictions that are internationally recognized as having lax anti-money laundering standards, insufficient regulatory supervision, or present greater risk for corruption or terrorist financing. Meanwhile, financial institutions are expected to have a healthy risk appetite but also to keep an eye out for red flags, investigate them thoroughly, and make educated de-risking decisions based on those findings. Join this panel for practical guidance on overcoming the unique challenges posed by correspondent banking.

Learning Objectives

  • Examining specific market and respondent bank risks to create appropriate and individualized control environments that conform to institutional risk appetite and tolerance standards
  • Reviewing case studies to detail practical management and staff training scenarios for scrutinizing and resolving relationship issues with respondent banks
  • Recognizing motivations and interests of both business side and financial criminal compliance units to facilitate mutually beneficial resolution of conflicting incentives

Who Should Attend

  • BSA/AML Officers
  • Compliance Personnel
  • Legal Advisors
  • Industry Consultants
  • Onboarding Managers


ACAMS Members Non-Members
$245 $445
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Imad Habre
  • Imad Habre, CAMS-Audit, CAMS-FCI

  • Head Of Internal Control Unit
  • IBL Bank S.A.L.


A Certified Anti Money Laundering Specialist (CAMS-Audit and CAMS-FCI), with a double major in Economics, Banking & Finance and an MBA in Finance.

Having over 13 years of experience in the fields of risk management, AML and compliance, with expertise in AML, Compliance, Operational risk, FATCA, CRS, GDPR, Sanctions and Terrorism financing.

Speaker and trainer with the ACAMS, Bureau van Dijk(A Moody’s Analytics company) and other organizations on topics related to Compliance, AML, Sanctions, FATCA, CRS, GDPR and risk management.

Currently heads the Group Internal Control function in the AML & Compliance department at IBL Bank Lebanon.


Jason Chorlins
  • Jason Chorlins, CPA, CFE, CAMS

  • Principal, Banking Practice Leader
  • Kaufman Rossin

  • Wissam Maroun, CAMS

  • Head of Compliance
  • BBAC Bank

  • Bob Taylor

  • Founder
  • Global Risk and Data Authority