Job-Specific BSA Series: Job-Specific BSA Training For Lenders - Details

Registration for this event is open from: Jul 20, 2021 12:00 - Mar 16, 2022 12:00
Where: Live Webinar, On-Demand Webinar, Both, North Dakota ().
Date: Sep 16, 2021 - Sep 16, 2021
Time: 02:00 - 03:30
Event description:

Job-Specific BSA Series:

Job-Specific BSA Training for Lenders

(90-minute webinar – available live or on-demand)

 Thursday, September 16, 2021

12:00 PM Pacific       1:00 PM Mountain

2:00 PM Central                 3:00 PM Eastern

Lenders play a crucial role under the Bank Secrecy Act.  They must be alert to attempts at money laundering, identify theft, loan fraud, and more – some of which require filing a SAR.  Take this opportunity to learn more about the BSA implications for lenders and their responsibilities. 


  • Understand the potential for money laundering in the lending area
  • Use the tools provided to detect suspicious activity
  • Develop risk profiles for consumer and business loan applicants
  • Explain the beneficial ownership requirements to legal entity customers
  • Ask appropriate due diligence questions during the loan application process


During exams, BSA examiners have been digging deeper and have begun to ask more questions about the lending function.  Could an examiner find loan fraud that has gone undetected by your due diligence process?  Is there a system for identifying false statements and attempts at identity theft on loan applications?  Do lenders know that these activities may require filing a suspicious activity report?  Is the process for documenting beneficial ownership effective?  This program will address five important reasons that BSA training must be provided for lenders.


This informative session is designed for loan officers, loan operations staff, BSA officers, BSA staff, branch personnel, risk managers, compliance officers, and audit staff. 


  • Customer due diligence checklists under the beneficial ownership rules
  • Template to develop and update a risk profile
  • Examples of suspicious activity in the lending area
  • Employee training log
  • Interactive quiz 

Susan Costonis    MEET THE PRESENTER - Susan Costonis, CRCM, Compliance Training & Consulting for Financial Institutions

Susan Costonis is a compliance consultant and trainer who began her career in 1978.  She specializes in compliance management along with deposit and lending regulatory training.  Susan has successfully managed compliance programs and exams for institutions that ranged from a community bank to large multi-state bank holding companies.  She has been a compliance officer for institutions supervised by the OCC, FDIC, and Federal Reserve.  Susan has been a Certified Regulatory Compliance Manager since 1998, completed the ABA Graduate Compliance School, and graduated from the University of Akron and the Graduate Banking School of the University of Colorado.  She regularly presents to financial institution audiences in several states and “translates” complex regulations into simple concepts by using humor and real-life examples.


1. Live Webinar Includes

  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up 

2. On-Demand Webinar Includes

  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up

3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.

Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.