Event Calendar

Tuesday, July 16, 2024

Wire Transfers: Establishing Strong Internal Controls Webinar

Start Date: 7/16/2024 9:00 AM MDT
End Date: 7/16/2024 10:30 AM MDT


Event Website: https://financialedinc.com/wire-transfers-establishing-strong-internal-controls

Organization Name: Independent Community Bankers of Colorado

Contact:
Maelynn Lewis
Email: mlewis@icbcolo.org
Phone: (720) 607-7937

Funds transfer fraud causes millions of dollars in losses for businesses and financial institutions every year. In 2023 alone, financial institutions filed over 400,000 suspicious activity reports regarding incidents of wire fraud and/or suspicious funds transfers. This informative program will explain the compliance requirements and the steps you can take to protect your institution and accountholders! Wire transfers are unique transactions. This program will cover the regulatory requirements for both domestic and international wires, provide sample audit procedures, and address how to identify and respond to possible wire fraud attempts. In addition, it will identify vulnerabilities in systems and processes that can expose financial institutions to cyberattacks and increase liability. This session will also examine ways to strengthen policies, monitoring, procedures, and risk assessments. Participants will be provided with tools to support and enhance their wire transfer compliance program.
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Detail requirements of both domestic and international wires, including:
    • Internal controls
    • System security
    • Identification and authentication
    • OFAC screening
  • Understand BSA requirements for wires and recordkeeping
  • Identify how Reg S, Reg E, Reg J Subpart B, and UCC-4A impact the wire process
  • Recognize common types of wire fraud and scams
  • Explain rules, notices, and error resolution procedures for international funds transfers
TAKE-AWAY TOOLKIT
  • Sample wire transfer policy
  • Sample wire audit procedures
  • Sample wire transfer request form
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
WHO SHOULD ATTEND?
This informational session is designed for operations personnel, BSA officers, compliance officers, internal auditors, and anyone who handles wire transfers.
   
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
 
MEET THE PRESENTER
Dawn Kincaid, Brode Consulting Services, Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.

THREE REGISTRATION OPTIONS – WHAT YOU GET
1. LIVE WEBINAR
  • Unlimited live connections with shareable access within your institution
  • Available to view on desktop, mobile & tablet devices
  • Take-away toolkit
  • Live Q&A session & the presenter's contact info for follow-up questions • Access the webinar training from your User Portal
2. ON-DEMAND WEBINAR
  • Unlimited and shareable access to the recording within your institution,
    starting two business days after the live date
  • Available to view 24/7 on desktop, mobile & tablet devices
  • Take-away toolkit
  • Ability to download the webinar video and toolkit items
  • Presenter's contact info for follow-up questions
  • Access the webinar training from your User Portal
3. BUNDLE & SAVE
  • Save when you Bundle the Live + On-Demand Webinar Registration
  • Includes all the items listed above
  • Full registration descriptions can be found here

Online Registration

Registration is Closed
Closed: 7/15/2024 3:00 PM

Add to my calendar

Map