SARs That Shine: Producing Superior Suspicious Activity Reports

  • When: January 30, 2019
  • Time: 12PM – 2PM ET
  • Level: All

Suspicious activity reports (SARs) are central to effectual AML, and of vital importance to regulatory and law enforcement agencies. However, producing SARs can be a daunting task that, in reality, is becoming even more complex in an era of cybercrime, data breaches and digital identities. This webinar will focus on practical advice for improving SAR quality, from investigating and documenting the suspicious activity to writing insight-filled narratives that serve as a front line in the fight against financial crime.

Learning Objectives

  • Formulating investigative systems including tools such as data analytics to achieve proper management and resolutions of red flags and alerts
  • Assembling gathered evidence to document vital supporting details of suspicious activity including who, what, when, where, why and how
  • Outlining and drafting narrative that is clear, concise, chronological and comprehensive and editing to remove nonessential details and information

Who Should Attend

  • Compliance Personnel
  • FIU/Investigative Specialists
  • Risk Management Officers
  • Legal Advisors

Region/Industry

  • Banking
  • Banking
  • Securities
  • MSBs
  • Casinos

Pricing

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

Moderator

Lauren Kohr
  • Lauren Kohr, CAMS-FCI

  • SVP, Chief Risk Officer
  • Old Dominion National Bank

Bio

Ms. Kohr’ s background includes more than eleven years of experience in the financial sector with significant experience in BSA/AML and OFAC compliance. Currently, Ms. Kohr serves as the Senior Manager over AML/BSA governance and policy within the Financial Intelligence Unit at Pentagon Federal Credit Union in Alexandria, VA. Ms. Kohr is responsible for several aspects of the BSA Compliance program including risk assessments, policy/procedures, AML/BSA governance, quality assurance, and merger and acquisition due diligence. Prior to her current role, she was the VP/Director of AML/BSA/OFAC at Metro Bank. During this time, she was responsible for developing, implementing and overseeing all aspects of the Bank Secrecy Act Compliance Program, including USA Patriot Act, Anti-Money Laundering, and OFAC regulations. Ms. Kohr is continuously recognized as a technical expert on the Bank Secrecy Act and a financial crimes subject matter expert with particular strengths in BSA/AML compliance and program management, governance, process improvement/ implementation and quality assurance/audit reviews.

Ms. Kohr was the 2016 ACAMS AML Professional of the year and authored the 2016 ACAMS Article of the Year. Ms. Kohr is a frequent guest speaker at numerous conferences both domestically and internationally on AML/BSA/OFAC related topics. She serves on the ACAMS U.S. Capital Board of Directors and was previously the president of the Central PA BS/AML/CTF user Group and PBA Marijuana Legalization Implementation Task Force in Harrisburg, PA. She is currently CAMS-FCI certified.

Speakers

Michael Schidlow
  • Michael S. Schidlow, CAMS-Audit

  • Senior Vice President, Head of FCC and Emerging Risk Audit Development
  • HSBC Bank

Bio

Michael Schidlow currently serves as the Head of Financial Crime Risk Training for HSBC Bank’s Global Internal Audit Function. In this role, Schidlow designs and delivers bespoke training courses on anti-money laundering (AML), terrorist financing, anti-bribery/corruption (ABC), and anti-financial crime best practices across the company’s global footprint. Schidlow also leads the function’s Emerging Risk Advisory for North America, Latin America, and for the Global Financial Crime Risk teams. He consults on audit planning and audit scoping based on regulatory issues, enforcement actions, and external environment monitoring.

Schidlow previously served as an investigator for Bank of America’s Global Financial Crimes Compliance division, specializing in high-profile client compromises, complex fraud, and insider abuse allegations. Schidlow started his career working as an attorney concentrating on regulatory compliance and white collar litigation matters. Schidlow holds the Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS), ACAMS Advanced Certification in AML Audit (CAMS-Audit), and is a licensed attorney.


John Waugh
  • John Waugh, CAMS

  • Assistant Special Agent in Charge
  • Department of Veteran’s Affairs